Gas fees on the Ethereum network have experienced a significant decline in recent times. On October 8, 2023, the average gas fee recorded was 8.8 Gwei, the lowest it had been since October 2, 2022, when it was 8.4 Gwei. This decline can be attributed to a decrease in user engagement across various platforms and
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Sofia – 11 October 11, 2023 – FinDaS, a prominent tokenomics consulting company, is excited to announce the launch of three innovative products aimed at helping crypto startups in their financial planning and tokenomics design. These tools are designed to provide startups with efficient and accessible solutions to assess their financials, validate their token economies,
The Chinese state-run newspaper, China Daily, has recently unveiled its ambitious plan to establish its very own Metaverse and NFT platform. This announcement comes as a surprise to many, given China’s historically stringent stance on cryptocurrencies. However, it is clear that the Chinese government recognizes the potential of blockchain technology and aims to leverage it
The venture-capital-backed startup, Yuga Labs, renowned for its successful Bored Ape Yacht Club and CryptoPunks NFT collections, has recently embarked on a substantial restructuring process. This process includes a number of undisclosed layoffs, primarily affecting the US-based teams. However, even with these layoffs, the company will retain over 120 employees post-restructuring. The CEO of Yuga
Bitcoin, once primarily known for its role as a cryptocurrency, has now emerged as a significant player in the world of Non-Fungible Tokens (NFTs). According to a recent report by Galaxy Research, the Bitcoin network has witnessed an astonishing surge in image-based inscriptions. In just 200 days since the introduction of inscriptions, an astounding 1.14
The Museum of Modern Art (MoMA) has recently introduced an interactive and imaginative digital initiative called “MoMA Postcard.” This pioneering program is set to launch later this month, aiming to foster collaboration and artistic exploration within the blockchain space. With MoMA Postcard, participants are invited to dive into the world of digital art creation on
The gaming industry has seen a remarkable transformation in recent years, with the rise of blockchain technology and decentralized finance (DeFi). Metacade, a community-led gaming platform, has announced its strategic collaboration with Polygon Labs, a leading Ethereum-scaling solutions provider. This partnership aims to revolutionize the industry by boosting user acquisition, supporting game development, and accelerating
Milady Maker, an NFT project that gained attention for its unique and stylized artwork, finds itself embroiled in a series of controversies that cast doubt on its future. Launched in 2021 by Charlotte Fang, whose true identity was recently revealed as Krishna Okhandiar, Milady Maker initially gained traction with its 10,000 “neochibi” style profile NFTs.
NEOBRED, a revolutionary blockchain horse racing game, has recently announced its acceptance into the prestigious Chainlink BUILD program. This program, renowned for providing guidance, mentorship, and grants to emerging blockchain projects, represents a significant milestone for NEOBRED as it continues to make waves in the gaming industry. The Power of Blockchain in Gaming NEOBRED offers
Serial entrepreneur Gary Vaynerchuk and his VeeFriends have revealed that the highly anticipated third-annual VeeCon will be held in Los Angeles. Set to take place from Friday, August 9, through Sunday, August 11, 2024, at the iconic L.A. LIVE Entertainment District, VeeCon promises to be a must-attend event for industry leaders and forward-thinking individuals. With
Kuma Shochu, a traditional distilled spirit produced in Kumamoto Prefecture, Japan, has long been cherished for its exceptional quality. However, the beverage faces a significant hurdle in terms of brand recognition and expanding its consumer base. Recognizing this challenge, Kumamoto Prefecture has launched a groundbreaking Digital Transformation (DX) demonstration project. By harnessing the power of
The Ronin Name Service (RNS) is set to revolutionize the way users engage with blockchain games by introducing human-readable addresses. Built on the Ronin blockchain specifically for Axie Infinity, RNS aims to make blockchain addresses more user-friendly and accessible to all. Traditional blockchain addresses are long and complex strings of characters, posing a significant usability
In a groundbreaking move, Yuga Labs, the driving force behind renowned Web3 initiatives such as Bored Ape Yacht Club, CryptoPunks, Meebits, and 10KTF, has forged an unprecedented partnership with A BATHING APE (BAPE), a trailblazer in the streetwear scene. With its inception in Harajuku, Japan, in 1993, BAPE has been a driving force in Japanese
NHN Corporation, a well-established global IT company, has recently announced its strategic partnership with Mysten Labs, signifying its entrance into the Web3 gaming arena. Known for its diversified business portfolio spanning gaming, payments, entertainment, IT, and advertising, NHN Corporation is a prominent player in the industry. With its extensive expertise in webtoon, music, commerce, fintech,
