The ApeCoin DAO has recently announced its collaboration with Forj, an NFT platform under Animoca Brands, to introduce an innovative NFT accelerator program. This partnership aims to enhance the functionality and value of the ApeCoin through the support of promising projects. The Ape Accelerator program, funded by the ApeCoin DAO, provides a platform for selected
NFT
Animoca Brands and Ember have joined forces to bring the exhilarating world of Formula E racing to the metaverse with their latest Web3 game, “Formula E: High Voltage.” Set to be released on October 19, this game offers players an immersive experience by integrating features from the ABB FIA Formula E World Championship, including challenging
Gaming giant Sega is venturing into the blockchain gaming arena by co-developing a trading card NFT game based on its popular franchise, Sangokushi Taisen. This move comes amidst a growing trend of well-established gaming corporations exploring blockchain technology and its potential impact on the gaming industry. Sega’s Co-COO, Shuji Utsumi, has expressed optimistic sentiments regarding
While the NFT market has been met with both hype and skepticism, Anndy Lian, Head of Partnerships for ByBit, offers a positive perspective on its current landscape. In his recent article, Lian dismisses the notion that the NFT market has reached its end, asserting that it is instead a catalyst for a new era of
Magic Eden, a leading multichain NFT platform, has recently unveiled its newest feature, the LayerZero Bridge & Swap. This groundbreaking tool facilitates seamless token swapping across different blockchains. The LayerZero protocol serves as a cross-chain communication system, enabling secure and trustless interactions among multiple blockchain networks. By eliminating the need for centralized intermediaries like bridges
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
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
