The LooksRare team cashed in $ 30 million on invested tokens

One of the NFT markets, identified as LooksRare, recently announced a $ 30 million download in Ethereum tokens. The team remains a major player in the NFT market and a close competitor to Opensea. However, the recorded payouts by the team continued to provoke great outrage, especially in the digital community. The firm, which manifested itself in an attempt to kill the prospects of OpenSea, reiterated that its official team received $ 30 million in cash after investing in invested tokens of the firm’s original token, identified as APPEARANCE. Token Stakens by LooksRare As announced compensation structure by NFT, his

Read More

FlamingoDAO NFT’s portfolio is estimated at $ 1 billion

FlamingoDAO’s irreplaceable token portfolio (NFT) is now worth about $ 1 billion, DAO’s members and Forbes reports confirmed. FlamingoDAO now has a collection of 215 CryptoPunks, 22 Bored Apes, 246 Chromie Squiggles, 371 Cryptoblot, five autoglyphs and several other custom NFTs, known as 1 / 1s (“one of those”). These NFTs can be cross-checked using blockchain data that tracks to FlamingoDAO wallet addresses. FlamingoDAO – one of the most exclusive decentralized autonomous organizations – at its inception in October 2020, collected 60 ETH from each member (approximately $ 23,000 at the time). However, new members are now buying for 3,000

Read More

Victoria’s Secret Files trademark applications to enter the NFT world

Over the past year, NFT and Metaverse have attracted the attention of many celebrities and brands. Adding to the growing list of participants in the lingerie company Victoria’s Secret. On February 13, trademark lawyer Michael Kondoudis revealed that the company had filed more than four applications for metaverse activities. The company is ready to offer its products in a virtual environment from the very look. Victoria’s Secret enters Metaverse Accordingly, Victoria’s Secret filed the trademark application with the U.S. Patent and Trademark Office. The applications also state that the company wants to sell virtual underwear, glasses, headgear, bags and fashion

Read More

The adult content platform Onlyfans runs the NFT profile picture feature

Online adult content the OnlyFans subscription platform has launched a function for users to display verified NFTs as profile images, Reuters reported on Thursday. OnlyFans CEO Ami Gan told Reuters in an interview that: “Our mission is to empower creators to possess their full potential. This feature is the first step in exploring the role that NFTs can play on our platform.” Currently, the OnlyFans platform only accepts NFT minted on Ethereum blockchain. NFT is a special type of cryptographic token that is a unique digital tool that is not interchangeable. London-based social media company encourages creators to

Read More

The NYSE celebrates the historic first NFT series trade

It is possible that the largest stock exchange in the world, the NYSE, will enter the Metaverse starting with NFT. NYSE has applied to register the name “NYSE” The New York Stock Exchange (NYSE) has filed trademark application with the United States Patent and Trademark Office, or USPTO, on February 10, 10. The step is to register the name “NYSE” for several blockchains and crypto-related products such as NFT and services. According to the application, the mentioned goods include virtual and augmented reality software. This also includes irreplaceable tokens, or NFTs, and online markets. further, according to for the application,

Read More

YouTube sees NFT as catalysts, connecting deeper relationships with users

YouTube sees irreplaceable tokens (NFT) as a stepping stone to a stronger link between creator and viewer, according to product director Neal Mohan. Through YouTube’s official blog, Mohan delves deeper into this year’s new features, tools and products for viewers, partners and creators. He pointed out that new technologies such as blockchain and NFT have incredible potential for a revolution in space. Late last month, YouTube CEO Susan Wojcicki announced that video and social media giant is considering adding NFT features for video creators. Therefore, Mohan’s discovery suggests that NFT’s plans are at top speed as they could enable creators

Read More

YouTuber exposes NFT fraudsters before making $ 20 million

A YouTuber named Coffeezilla, who is investigating online scams, has uncovered an alleged conspiracy of fraudsters who cannot be replaced by tokens (NFT) to earn $ 20 million from dubious projects. In a video released on February 16, 2022, Coffeezilla explains how fraudsters tried to use the Squiggles NFT project to defraud unsuspecting investors. Earlier, the project was very popular. It is also stated that he attracted several wallets from the shadows that were engaged in pumping the volume. Although OpenSea mentioned the project earlier, it was later removed. Squiggles, however, promised to follow in OpenSea. According to YouTuber, he

Read More

The NYSE files a trademark application for NFT trade

The world’s largest public stock exchange, the New York Stock Exchange (NYSE), has announced that it has filed an NFT trademark application with the United States Patent and Trademark Office (USPTO) February 10, with the aim of entering the world of NFT markets. According to an official statement, the application was filed by the NYSE includes virtual reality and augmented reality software, irreplaceable tokens or online markets. The NYSE hopes to offer “downloadable virtual goods” for NFTs and digital collectors, using blockchain authentication technology. “Many more NYSE NFTs are coming as we continue to welcome new, innovative companies into our

Read More

OpenSea upgrades smart contract for inactive NFT listing

OpenSea has upgraded its smart contract and added a new one characteristic NFT listing. With the latest upgrade, the NFT market will remove inactive lists on the platform. According to an OpenSea tweet, users will migrate their NFT listing to a new smart contract. Also, the market has announced that NFT lists created before February 18 will automatically expire by February 25. For those who don’t know, OpenSea is a decentralized NFT market. Here users can buy and sell non-replaceable tokens. Moreover, NFTs are unique digital collectibles that can be anything from videos, images, sound, art, etc. In addition, it

Read More

NFT will be instrumental for the fashion industry in the Metaverse, says a GlobalData analyst

With irreplaceable tokens (NFTs) constantly conquering the world, these digital assets are perfect for fashion in the metaverse, according to Amrita Dhami, thematic analyst at GlobalData. She noted: “While there is significant uncertainty about what the metaverse will look like, we know it will be filled with avatars. Players are already paying significant amounts of money for in-game skins, so it makes sense that metaverse visitors will also naturally invest in clothes and accessories for their avatars. ” Since NFT reflects proof of ownership of an asset such as a painting, these creations have the potential to change

Read More