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How the metaverse could unlock sustainable revenue models for esports

Utilizing NFTs as a new revenue stream and esports could generate entirely new inflows of funds that could grow brands and expand influence.

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Madonna ‘enters Metaverse’ with $560,000 Bored Ape NFT purchase

Iconic singer/songwriter and actress Madonna joined the proud ranks of “ape holders” today, flaunting on Instagram a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) she purchased for about $560,000 via fintech firm MoonPay.

The post Madonna ‘enters Metaverse’ with $560,000 Bored Ape NFT purchase appeared first on CryptoSlate.

LG Electronics Incorporates Digital Assets and Blockchain in Business

LG Electronics Incorporates Digital Assets and Blockchain in Business

On March 24, 2022, the tech powerhouse giant, LG Electronics shared an announcement at the Annual General Meeting.  LG Enters The Crypto Space As part of its expansion plan, the South Korean conglomerate intends to incorporate three areas in its business sectors. These include cryptocurrency (digital assets), blockchain, and medical devices.  During the corporation’s meeting, key shareholders approved of the new business goals. These goals entail the sale of cryptocurrencies and the development of blockchain-based software.  Inspired by Samsung Following the electronics multinational corporation Samsung’s venture into the NFT space, LG Electronics also expressed its piquing interest in the virtual world.  Last month, LG Electronics partnered with GroundX, a blockchain platform. The move was initiated with the objective of offering users an immersive NFT experience on their smart televisions.  With the latest announcement, LG can install NFT platforms that enable the trade of NFT artworks (collectibles) on LG’s smart television. Additionally, the company introduces another application as well. Drops Gallery, a digital art application allows people with smart TVs to enjoy rare digital artworks and cloud game services.  Ever-Evolving South Korean Crypto Market Leading multinational tech giants of South Korea including LG, Samsung, and the SK Group are reportedly expanding enormously in the crypto and blockchain markets. Samsung and LG have built their presence in digitized markets with the introduction of crypto, NFT, and blockchain features on their products.  The South Korean President Yoon Suk-yeol guarantees deregulation of crypto, reduction of tax, and a push towards the NFT sector. Thereby, under the rule of the crypto-friendly South Korean President, it is guaranteed that crypto adoption will surely flourish in the East Asian country.

The post LG Electronics Incorporates Digital Assets and Blockchain in Business appeared first on Cryptoknowmics-Crypto News and Media Platform.

PUBG Developer Krafton Partners with Solana to Develop Blockchain & NFT Games

Crypto Hack PUBG

Korea-based gaming developer and publisher Krafton announced its new collaboration with blockchain platform in a concerted effort to develop Play-to-Earn blockchain and NFT games. Krafton is the name behind popular game titles such as PUBG: Battlegrounds, Thunder Tier One, Elyon, and many more. According to the announcement on March 23, Krafton and Solana Labs signed [...]

The post PUBG Developer Krafton Partners with Solana to Develop Blockchain & NFT Games appeared first on Blockonomi.

Avalanche Summit: How Will NFTs Evolve?

Calvin Chan, Jonathan Padilla, Harold Eytan, Casey Wagner

A panel discussion in Barcelona puts the focus on NFTs as items

The post Avalanche Summit: How Will NFTs Evolve? appeared first on Blockworks.

Loopring Joins Up To Launch GameStop’s NFT Marketplace

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GameStop added Loopring to its list of key partners as a layer-2 solution to the upcoming launch of a GameStop NFT platform. The layer-2 decentralized protocol built on Ethereum blockchain, Loopring (LRC) has just announced the beta launch of GameStop’s NFT marketplace in collaboration with…GameStop. GameStop and Loopring Come Together for NFTs The GameStop NFT [...]

The post Loopring Joins Up To Launch GameStop’s NFT Marketplace appeared first on Blockonomi.

Japanese Software Giant Line to Launch NFT Marketplace Soon

When NFT Meets DeFi: Doors of Monetization Open for NFT Owners

The Japanese messaging application, LINE Corporation announced on Twitter the launch of a non-fungible token (NFT) marketplace by April 13, 2022. The software giant has decided to dedicate a venture to developing and expanding the global NFT ecosystem, called LINE NEXT. #LINENEXT is launching a series of global #NFT partnerships, teaming with leading gaming, entertainment, art and service companies. The partnerships will develop NFTs based on famous IP and artists on #LINE NEXT's #globalNFT platform #DOSI. Learn more:https://t.co/l0k5UmUyVo pic.twitter.com/kAN2E8Yw4b — LINE Global (@LINE_Global) March 16, 2022 Multiple Partnerships to Create NFT Earlier this month, LINE NEXT announced the formation of 26 partnerships with a range of leading companies on their official website. The partnership involves SoftBank, NAVER, LINE Taiwan Ltd., NAVER Z, Crypto.com, CJ ENM, YG PLUS, Hashed, SHINSEGAE, AI Network, J&John, Mythical Games, WOW POINT, LINE Games, and many more.  The CEO of LINE NEXT, Youngsu Ko stated that the combination of LINE’s infrastructure and blockchain will create a quality NFT ecosystem.  “These partnerships are the start of many more to come in accelerating the global NFT ecosystem.” Objective and Strategy of LINE NEXT The many partnerships of LINE NEXT aim to create NFTs on the basis of popular content, iconic work of renowned artists, entertainment, webtoons, art, gaming, etc. LINE NEXT aims to expand the NFT ecosystem and establish the NFT value chain, globally. The corporation enables users to purchase and sell NFTs with family payment modes.  Alongside minting NFT collectibles, LINE NEXT plans to build marketplaces and support trading through their upcoming global NFT platform, DOSI. The NFT platform aims to support companies and creators alike in creating marketplaces, communities, and ecosystems to purchase and trade NFTs. 

The post Japanese Software Giant Line to Launch NFT Marketplace Soon appeared first on Cryptoknowmics-Crypto News and Media Platform.

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GameStop Launches NFT Marketplace on Loopring (LRC)

GameStop has launched a beta version of its highly anticipated non-fungible token (NFT) marketplace on the Loopring (LRC) blockchain, sending LRC parabolic in the process. First announced last year, GameStop aims to bring fast, cheap, and secure NFT trading to the masses, addressing the issue of most regular developers and gamers being priced out of […]

The post GameStop Launches NFT Marketplace on Loopring (LRC) appeared first on Coin Bureau.

Serial Scam Promoter Floyd Mayweather Is Back With NFT Collection

World-famous boxer Floyd Mayweather has announced a new NFT collection, but whether it will be his first success in the crypto world remains to be seen. After many months of hard workI’m launching my new NFT Project @mayweverse⁰The collection will have 5,000 NFTs (5 different NFTs cards of 1,000 each). Each card has a different […]

The post Serial Scam Promoter Floyd Mayweather Is Back With NFT Collection appeared first on CryptoCoin.News.

Beta Version of Gamestop’s NFT Marketplace Launches on Loopring ($LRC)

A beta version of GameStop’s non-fungible token (NFT) marketplace has been launched on Loopring L2 ($LRC), an Ethereum layer-two scaling solution that allows users to transaction for a fraction of the costs the layer-one has. According to n announcement published by Loopring’s Head of Growth Adam Browman, a beta version of GameStop’s NFT Marketplace is […]

Has GameFi just found the perfect pairing as ex-Hearthstone designer joins FTX Gaming?

FTX US announced that they acquired Good Luck Games, the creators of the prominent auto-battle card game Storybook Brawl. Reviews of the game on Steam tanked on the news as gaming fans continue to show resistance to crypto entering the gaming ecosystem.

The post Has GameFi just found the perfect pairing as ex-Hearthstone designer joins FTX Gaming? appeared first on CryptoSlate.

The Top NFT Marketplaces to Buy or Sell NFTs

Marketplaces to trade NFTs

If you want to be a part of the NFT space, then you should visit NFT marketplaces where you can trade NFTs ranging from music to art to assets of the virtual world. There are dozens of marketplaces and some marketplaces cater to specific sectors. What things should you look for in an NFT marketplace before picking which one to utilize and which are the top NFT marketplaces? This article covers top NFT marketplaces in detail. OpenSea OpenSea is the biggest decentralized peer-to-peer marketplace for buying, selling, and trading rare digital assets, such as gaming assets, collectibles, and art which runs on the Ethereum blockchain. In reality, OpenSea bills itself as the world’s largest marketplace for digital assets, claiming to have the best pricing on new NFTs and a wide choice of available NFTs in over 200 categories. Digital art, decentralized domain names, trading cards, virtual worlds, digital collectibles, sports NFTs, utility NFTs, you name it, all of these items can be traded on OpenSea. Cryptopunks, Axie Infinity, Gods Unchained, CryptoKitties, SuperRare, and other popular NFT projects use it as their primary platform. Rarible Rarible is a non-profit marketplace for selling single works of art and collections. Sports, gaming, media corporations, and artists launching collections of work are attracted to Rarible due to its decentralized nature. It is a community-owned platform that encourages decentralization. It has its token, RARI, and the platform’s users get to vote on any platform changes and participate in governance. For example, Adobe has worked with Rarible to secure artists’ work and develop unique NFTs. Rarible uses Flow, Tezos, and Ethereum. You may choose which token to use when you mint your NFT, and you can share your search options with OpenSea. The topic of which blockchain to use is intriguing. The most popular blockchain for NFT minting is Ethereum, although it has a significant carbon footprint and hefty gas prices. Tezos has modest gas expenses (about $0.50). However, it’s aimed towards artists releasing compilations. Flow uses lazy minting, which means creators pay almost no fees, and it’s a proof-of-stake blockchain, meaning it has a much lighter carbon footprint than Ethereum. Nifty Gateway Nifty Gateway has helped some of the most well-known digital artists, including Beeple and singer/musician Grimes, sell their music. It’s a cryptocurrency exchange-backed art curation platform (controlled by the Winklevoss twins). The NFTs, sometimes known as Nifties, are Ethereum-based. Nifty Gateway hosts any NFTs purchased, which means the NFTs aren’t held in your wallet but rather on Nifty Gateway’s servers. NFT collectors may not like this feature, who like more flexibility while investing in art. Purchases on Nifty Gateway can also be done in fiat currency(e.g., US dollars) without the need of purchasing cryptocurrency.  Super Rare The Super Rare platform gives more of a gallery feel to the NFT space. It’s an NFT marketplace that prioritizes artistic intent and credibility above meme-friendly art. You won’t find any celebrity NFTs in SuperRare. It is said to accept only 1% of all applicants, which may sound snobbish, but if you are selected, you will be included in a catalogue of well-curated and intriguing artworks. SuperRare has the atmosphere of a high-end gallery, which is heightened by a rule that allows its artists to mint one of their originals — no Editions here. This indicates that the pieces are more scarce and so rare, as the term implies. It is one of the top NFT marketplaces for serious art and artists, which is incredibly uncommon in the NFT space. Top Shot  The NBA and the Women’s National Basketball Association have teamed with NBA Top Shot, a fan-driven marketplace, to sell collectible moments and art based on the world’s most famous NBA sport and women’s basketball league. Go to the fastest-growing marketplace instead of going to Amazon for your next sports present. Firstly, you need to create an account with the NBA’s Top Shot to purchase an NFT. Top Shot is a closed marketplace that only allows you to buy and sell things on their site, and it was built on the Flow Blockchain by Dapper Labs. Some memorabilia can be purchased for as little as a few dollars. Magic Eden Magic Eden is a Solana blockchain-based decentralized application. The blockchain allows users to generate and manage non-fungible tokens. NFTs can be used for various things, such as digital collectibles, game assets, and more.  The following are some of the desirable characteristics of Magic Eden:  Launchpad: This capability is exclusive to Magic Eden and allows users to construct NFTs in minutes without using any other software. The platform now only accepts a small number of projects; however, this is likely to change.  Future Launches: Rather than wasting time looking for your favourite creator’s next NFT drop, Magic Eden provides a curated list of upcoming launches so you … Continued

The post The Top NFT Marketplaces to Buy or Sell NFTs appeared first on Cryptoknowmics-Crypto News and Media Platform.

Izumi World AR Game Plans to Bring Augmented Reality and NFTs Together in Play-to-Earn Experience

Izumi World AR game aims to bring together mobile AR, NFTs, and digital property in a tech-rich experience. We’ll have to wait until next year for the full launch.
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