Search Results for: Non-fungible Token

Square Enix Announces Symbiogenesis, a Story-Driven NFT Interactive Experience

by

Square Enix, the Japanese AAA game developer and publisher, announced the launch of a new NFT-based gaming franchise, titled Symbiogenesis. The experience, which will be built on top of Ethereum, will leverage the use of NFTs (non-fungible tokens) as art that…

The Top 5 NFT Marketplaces Surpass $40 Billion in All-Time Sales

by

While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32…

Xbox Boss Phil Spencer Calls Today’s Metaverse a ‘Poorly Built Video Game’

by

Phil Spencer, CEO of gaming at Microsoft and head of Xbox, directed some criticism at the idea of the metaverse and how it is being executed. Spencer remarked that for him, the current metaverse is a “poorly built video game,” but…

Study Finds Nearly 60% of Hong Kong and Singapore’s Super Rich Have Invested in Digital Assets

by

According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished…

Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

by

Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted…

Retail Giant Walmart Outlines Crypto Strategy — Executive Foresees a Lot of Disruption in Payment Options

by

Walmart’s global chief technology officer has revealed crypto’s role in the retail giant’s future. “Crypto will become an important part of how customers transact,” the executive said. “We want to make sure that we make it as friction free for customers…

Playing Card Maker Bicycle to Feature Bored Ape #1,227 in Upcoming Collectible Deck

by

Last year, when the non-fungible token (NFT) industry was frothing over, the 137-year-old playing card manufacturer Bicycle issued NFTs called the Genesis Collection and in June, Bicycle purchased Bored Ape Yacht Club #1,227. Bicycle and parent company Cartamundi Group announced on…

Konami Launches Metaverse Push With Web3 Focused Hiring Spree

by

Konami, one of the most influential Japanese game development and publishing companies, has announced it will be introducing Web3 and metaverse technologies into its games. The company opened 13 different job openings for three departments that will be responsible for developing…

Uniswap’s $165 Million Series B Capital Raise One of the Largest by a Crypto Firm in 2022

by

Uniswap Labs, the firm behind the Uniswap decentralized exchange protocol, announced on Thursday that it raised $165 million in a Series B funding round. According to one report, the capital raise, which sees Uniswap Labs’ valuation rise to $1.66 billion, is…

Mastercard Focusing on 5 Key Areas to Turn Crypto Into ‘an Everyday Way to Pay’

by

Mastercard has outlined five key crypto areas it is working on in order to “turn cryptocurrencies into an everyday way to pay.” A Mastercard executive opined: “Someday soon, the ability to own and spend a digital currency could be as seamless…