Yuga Labs is reportedly launching a new NFT collection called Mecha Apes. According to reports, the parent company of BAYC is looking to raise $50 million from the upcoming collection. Based on a leaked Yuga Labs pitch deck, these new NFTs may be related to the Otherside metaverse. Is Yuga Labs releasing a new NFT
NFT
Doodles NFT has raised $54 million at a $704 million valuation. With this capital, Doodles will expand its IP throughout the music, culture, and entertainment industries. Alexis Ohanian’s Seven Seven Six led the round, with participation from Acrew Capital, FTX Ventures, and 10T Holdings. Doodles are ready to expand its reigns with a bigger war
Yuga Labs has awarded the first CryptoPunks NFT grant to @ricgalbraith and @lorepunkdoteth to run a Punks-centric newsletter, Punks Post. The newsletter will capture important events and promote networking opportunities within the Punks community. Once it goes live, fans can access Punks Post via two token-gated channels in the official Discord channel. Yuga will also
MetaShield will allow creators to flag or blur the images of listed NFTs that bypass royalties. According to Magic Eden, the move is necessary to protect creators’ royalties. Once a “shielded” NFT is bought, it would incur a debt for the unpaid royalty. Only those who pay off the debts can “unshield” the affected NFTs.
Ethereum Name Service (ENS) domain names have clocked in more than 2.3 million registrations. It is now one of the top 3 collections on OpenSea by 30-day volume. Speculation and adoption among prominent individuals are possible factors behind the hype for ENS domains. ENS domains remain in favor despite the crypto bear market This just
Starbucks is launching its new Web3 venture dubbed Starbucks Odyssey Under this new venture, users will be able to trade new NFT stamps which will enable them to explore new rewards and “immersive virtual experiences.” Coffee beverage giant Starbucks has finally unveiled its much-awaited web3 venture dubbed Starbucks Odyssey which will permit users to unlock
Summary: Sorare’s latest non fungible token project involves the National Basketball Association. The web3 startup plans to launch an NFT Basketball fantasy game soon. Games for soccer and baseball were previously launched. The collaboration with the NBA is an expansion of sports-related NFTs offerings from the startup Paris-based web3 startup Sorare has teamed up with
LG released its NFT platform LG Art Lab, which allows users to buy, sell, trade, and display NFTs. Currently, there is one NFT available for purchase, though the company will add more every month. The first NFT collection that will be available is by artist Barry X Ball. South Korean multinational company LG Electronics has
FIFA is set to launch an NFT collection featuring some of the most iconic moments of the tournament’s history The NFT collection will be launched on the Algorand blockchain in late September. The Fédération Internationale de Football Association popularly known as FIFA is launching an exclusive NFT collection featuring some of the greatest FIFA moments
ConsenSys is launching a sustainable NFT Collection called Regenesis collection The collection will be launched on the Ethereum mainnnet. Leading blockchain firm Consensys is all set to launch one-of-a-kind green NFTs in its bid to “celebrate” and “commemorate” the deployment of the upcoming Ethereum merge. Consensys Is Launching Green NFTs ConsenSys, one of the leading
OpenSea has tweeted its support for the upcoming Ethereum merge. The marketplace clarified that it will not be supporting any ETH forks born out of the transition NFT marketplace platform OpenSea tweeted a comprehensive array of tweets on August 31 concerning the upcoming Ethereum merge. The platform asserted that it will only be supporting Ethereum
Luxury fashion brand Hèrmes filed for NFT and metaverse trademark filings with the United States Patent and Trademark Office (USPTO) on August 26 If approved, the brand will also be working towards launching downloadable software for the management of NFTs and virtual goods. Per a tweet published by licensed trademark attorney Michael Kondoudi, the renowned
Summary: Ticketmaster announced plans to launch a new non fungible token offering for fans. The ticket platform will tap Dapper Labs’ Flow blockchain to make this possible. Ticketmaster can now issue NFTs before, during, and after live events via the partnership. The pair previously teamed up for one-of-one NFT tickets during February’s Super Bowl match.
OpenSea’s Seaport will now support Polygon Users will be able to transact and trade NFTs by using MATIC, Polygon’s native token OpenSea, one of the leading NFT marketplaces, took to Twitter to announce the integration of layer 2 scaling solution Polygon on Seaport. Seaport Adds Support For Polygon OpenSea tweeted that the marketplace is ready
Pudgy Penguins’ strength in the bear market depths could indicate the collection’s blue-chip potential. The NFT collection has increased approximately 400% over the past 24 hours, according to Opensea data. Pudgy Penguins’ NFT collection has seen its share of ups and downs since the release of its collection in June 2021. The NFT project holders
Bored Ape NFT liquidation cascade is inevitable according to Web3 launchpad founder “DoubleQ” Many BAYC holders who deposited on BendDAO in exchange for $ETH are at risk of being liquidated. OpenSea NFT volume is currently at its lowest point in the last 12 months. The Bored Ape NFT holders are anything but bored right now
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