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Showing posts with the label nft

Doodles Joins Universal Monsters To Drop NFT Stickers On Telegram

Doodles, the team behind the globally acknowledged non-fungible token collection, “Doodles,” has partnered with Universal Monsters, the entertainment studio that brings classic horror icons like Dracula and Frankenstein into the Web3 space, to launch a new sticker non-fungible token collection on Telegram. In response to this integration, Doodles has seen its daily trading sales surge by 13% from the past day. Doodles & Universal Monsters NFT Integration In an October 28 blog post, the Doodles NFT team confirmed that they have partnered with the Universal Monsters team to launch non-fungible token stickers on Telegram. Launched in Oct 2021, Doodles is a non-fungible token project from the digital artist “Burnt Toast” and his team featuring a limited edition of 10,000 cartoon profile pictures hosted on the Ethereum blockchain network. timeless icons of horror, ushered into the onchain era.@UniversalPics' Universal Monsters x Doodles. coming to @ton_blockch...

OpenSea sets Q1 2026 for SEA token launch, entering chapter 2

OpenSea has finally set a date for its long-awaited SEA token launch. The NFT marketplace confirmed on October 17 that the token generation event (TGE) is scheduled for Q1 2026. Co-founder and CEO Devin Finzer shared key details about the SEA token’s distribution and tokenomics on X, noting that 50% of the supply is allocated to the community. Over half of that allocation will be delivered via the initial claim, prioritizing long-time users and rewards program participants. Additionally, the co-founder revealed that 50% of launch revenue will go towards buying SEA tokens. Functioning as a “deeply integrated” platform token, SEA’s primary utilities include staking and community rewards. Finzer highlighted, “$SEA isn’t the destination, but it’s a crucial moment everyone will be watching.” OpenSea rebuilt as an all-in-one trading platform Notably, during the 2022 cryptocurrency winter, NFT sales suffered a significant decline. OpenSea, the largest marketpla...

Punk NFT Sold For +$16M In 2024, Resells For Just $6M

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The global non-fungible token market continues feeling the wrath of trade wars, started by the United States President Donald Trump and retaliated by other regions, including the European Union and Asia. An anonymous NFT investor in perfect testament to the mess created by the Trump tariff, among other factors, after selling his Punk NFT for just $6 million, losing $10 million in value. This NFT investor bought his CryptoPunks NFT collection for $16 million in 2024. 1▹ Crypto Markets Feel the Heat from Trump’s Tariffs! Since Trump’s inauguration on Jan 20, crypto markets have faced pressure. • $BTC -26% • $ETH -54.6% • $SOL -61.1% • $DOGE -62.6% Tariffs are impacting all markets! pic.twitter.com/F0HbmNnmQ6 — FinChain (@Defi_FinChain) April 7, 2025 Punks #3100 Sells For $6 Million In an April 10 blog post, CryptoPunks Bot, an analytic X account tracking the sales and bids of CryptoPunks non-fungible token collections, confirmed that Cr...

VC Monthly Report: March Total Funding Nearly Tripled Due to Large-Scale CeFi Fundraising

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Author | WuBlockchain According to RootData statistics, 74 publicly disclosed crypto VC investment projects were recorded in March 2025, marking a 28.8% decrease month-over-month (104 projects in February 2025) and a 61.3% decrease year-over-year (191 projects in March 2024). Note: Since not all fundraising rounds are announced within the same month, these figures may be updated in the future. Breakdown of Investment by Sector (March 2025): CeFi: 14.9% DeFi: 27% NFT/GameFi: 12.2% L1/L2: 8.1% RWA/DePIN: 14.9% Tool/Wallet: 6.8% AI: 14.9% March 2025 saw $2.883 billion in total funding, representing a 198.1% month-over-month increase (compared to $967 million in February 2025) and a 153.1% year-over-year increase (compared to $1.139 billion in March 2024). Among the top 10 largest funding rounds, 7 were centralized platforms (exchanges or payment platforms): Abu Dhabi MGX invested $2 billion in Binance on March 12, acquiring a minority stake. This transaction, the largest-ever crypto inves...

Doodles NFT Sales Rise 236% – Here’s What Fueling This Surge

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Doodles, one of the leading blue-chip non-fungible token collections in the global non-fungible token market, has seen its trading sales volume skyrocketing to greater heights today. In the past 24 hours, the Doodles NFT collection has recorded a trading sales volume of $2.4 million, up over 244% surge from the past day. In this article, we shall explore in-depth some of the factors fueling its sudden growth. Doodles Rise +236% In Daily NFT Sales Volume Data compiled by DappRadar.com, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the Doodles non-fungible token collection has surged in trading sales volume. In the past 24 hours, the Doodles non-fungible token collection has raised a trading sales volume of $2.14 million. During this period, the Doodles NFT trading sales volume has soared 236% from the previous day. Apparently @doodles is heating up for the event in Paris today. Any news will be released? Well, we will see ● ...

NFT Project Pudgy Penguins’ Abstract Mainnet Goes Live

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Igloo, the digital asset incubation studio and the team behind the popular Pudgy Penguins non-fungible token series, has successfully launched its layer two blockchain network on the Ethereum mainnet. The newly birthed Layer 2 network duped Abstract landed in the crypto market a few hours ago after over seven months of development. In response to the highly anticipated launch, the Pudgy Penguins NFT collection has surged +100% in daily trading sales volume. Abstract Mainnet is now live. Enter a new era of consumer crypto at https://t.co/48gTviHsmX pic.twitter.com/yZPY1nxl2g — Abstract (@AbstractChain) January 27, 2025 Pudgy Penguins NFTs Rise +100% In Daily Sales Volume Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that the Pudgy Penguins, a globally acknowledged non-fungible token collection from Igloo featuring a limited edition of 8,888 cute cartoon penguin collections hosted on the Ethereum...

Home of Moonbirds founder Kevin Rose destroyed by LA wildfires

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The Los Angeles home of Kevin Rose, the creator of NFT firm PROOF, has been completely destroyed in the California wildfires.  Rose shared footage of his house on Threads and filmed himself walking past scorched cars and homes in his devastated neighborhood. “Sadly lost everything in the #pacificpalisades fires,” he posted alongside the footage. “There’s nothing left.” Around 10,000 structures have been destroyed and crypto enthusiasts have lost wallets and credentials. Read more: Polymarket faces backlash over ‘sick’ California wildfire markets The fires, which started on Wednesday, have so far caused the evacuation of almost 180,000 people and the deaths of at least 10. Two of the blazes wildfires have been ranked in the top five most destructive fires in the state’s history. Thousands have lost their homes, including celebrity figures such as Mel Gibson, Paris Hilton, and Jeff Bridges.  Crypto companies and their people in LA have a...

More brands will be using web3 to capture market share in 2024 | Opinion

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Consumer retail spending is rising, with shoppers spending almost $10 billion in online Black Friday sales this year. Clearly, demand for great products has not waned despite inflation, and so competition for consumer attention is on the rise. There is an unexpected beneficiary to this tug-of-war between brands for consumer dollars—web3. In 2024, we’re likely to see growing numbers of brands and companies leveraging web3 to strengthen the bond between their brand and customers. You might also like: Beyond the hype: Web3 is in dire need of a rebrand | Opinion Blockchain engagement campaigns   The latest developments in web3 give consumer brands a powerful tool to enhance their membership and loyalty programs. In return for their loyalty, customers can now own their interaction with brands as an NFT, creating powerfu...

Hong Kong mobile network provider launches NFT marketplace

China Mobile Hong Kong, a leading mobile communication brand in Hong Kong, is launch ing its own NFT marketplace , LinkNFT.  It will be Hong Kong’s first telecom-operated NFT marketplace . This launch coincides with the breakthrough of their comprehensive smart living mobile application, MyLink, which has acquired over seven million users. LinkNFT will offer NFT minting services for businesses, facilitating digital asset creation, trade, and circulation through various scenarios such as SocialFi, DeFi, and GameFi. It will use a trio of cross-chain standards – web3 Center cross-chain service protocol, cross-chain adapter, and cross-chain smart contract – for seamless web3 interoperability. Hong Kong residents can easily access their digital assets, including Ethereum-based ones like Opensea, through MyLink’s exclusive digital wallet “LinKey.” You might also like: SEC is taking ‘new look’ at spot Bitcoin ETF applications China Mobile Hong Kong (CMHK...

Web3 edu-tech startup Open Campus raises $3.15m from Binance, EDU jumps 6%

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Crypto educational startup Open Campus has raised over $3 million from Binance Labs to double down on NFTs. Open Campus (EDU), a cryptocurrency-focused educational startup , has raised $3.15 million from Binance‘s venture arm Binance Labs. According to an announcement on Monday, Nov. 27, 2023, the funding is expected to help the startup onboard new users onto Web3 and “attract more native users to participate in education through the launch of novel Publisher NFTs.” After the news broke, the project’s native token jumped by more than 6%, reaching in a moment $0.65, according to CoinGecko. EDU price | Source: CoinGecko You might also like: New Binance CEO says company fundamentals remain strong despite $4.3b DoJ fine Yat Siu, who’s the co-founder of Animoca Brands and a council member of Open Campus, said the investment is in line with Open Campus’ mission to “decentralize education and find innovative ways to support educator...

Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit

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The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.” A United States district court judge has ordered nonfungible token (NFT) artists Ryder Ripps and Jeremy Cahen to pay Bored Ape Yacht Club creator Yuga Labs a total of $1.57 million in disgorgement and damages, along with legal fees, bringing an end to the long-running “copycat” NFT lawsuit . The Oct. 25 order follows an April 21 partial summary judgement granted in favor of Yuga Labs after the firm claimed that Ripps and Cahen, the defendants, violated copyright laws by making copycat versions of its Bored Ape Yacht Club (BAYC) collectibles. District court Judge John Walter awarded Yuga Labs $1.37 million after concluding the NFT firm was entitled to a disgorgement of the defendants’ profits. An additional $200,000 was awarded in statutory damages relating to cybersquatting violations. Yuga Labs v. Ryder Ripps et al - Notes from the Court...

What is Gala Games and how to buy GALA coin?

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Gala Games is a blockchain-based gaming platform enabling players to create, own, and trade in-game assets using cryptocurrencies. Echoing the momentum of GameFi (gaming and finance) and the great success of Axie Infinity, Gala Games was launched in 2019 to pursue technology development and innovation in play-to-earn (P2E) blockchain gaming. The global market size of blockchain gaming exceeded $4.6 billion in 2022 and is expected to reach around $65.7 billion by 2027, establishing itself as one of the most promising sectors revolutionized by blockchain technology. Gala Games offers players a plethora of blockchain games that encourage players to gain in-game rewards and earn cryptocurrency and nonfungible tokens (NFTs). For the first time, through the use of NFTs, blockchain games offer players the ability to own in-game items, such as strategic tools, physical accessories and land. All items can be acquired in Gala Games using the GALA native token (GALA). GALA is also used for gover...

How AI-powered technologies protect brands from IP fraud in Web3

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How can companies reach a balance between innovation and protection in Web3? This decentralized network employing AI tools combats NFT fraud and wash trading. Brands and creators exploring Web3 are wary of IP fraud and wash trading risks, but AI-powered technologies can detect such problems and make this emerging ecosystem safer for all participants. Web3 is about to knock on every brand’s door. Innovations like nonfungible tokens (NFTs) offer unique benefits for creators and brands, like securing ownership on the blockchain, establishing direct connections with audiences and offering customized experiences. Despite the unprecedented Features , the reality slap can be painful. Many companies and brands that want to become early adopters of Web3 realize that this is a complex, fragmented and underregulated landscape that leaves room for intellectual property (IP) fraud and other risks. The decentralized nature of Web3 can democratize interactions and encourage a fair economic model, ...

Bored Ape Yacht Club NFT collection plummets over 90% from $600k peak

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During the weekend, the NFT market witnessed a sharp decline in the floor prices of Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club collection s, mirroring the ongoing crash in NFT floor prices. The floor price for Bored Ape Yacht Club dropped from 38 ether ($73,000) on Juse 30 to below 28 ether ($53,500) on July 2 as reported by OpenSea data. An ongoing downward trend In a July 2 tweet, Will Clemente, the co-founder of Reflexivity Research, a digital asset research firm, highlights that the decrease in floor price is actually part of a 90% decline in the collection . The Bored Ape Yacht Club NFT collection is now down over 90% from its $600K high pic.twitter.com/TZVuXFl9UZ — Will Clemente (@WClementeIII) July 2, 2023 This decline occurred shortly after the creators of the well-known Azuki NFTs launched a new collection that faced criticism for its striking resemblance to their previous collection . As a result, the Bored Ape NFTs witnessed a floor price ...

NFT platform Enjin forks Polkadot parachain Efinity to new mainnet

Enjin CTO Witek Radomski said that the new blockchain aims to promote creativity by facilitating the easy and affordable creation and distribution of NFTs. Nonfungible-token (NFT) protocol Enjin has announced its transition into a new mainnet called "Enjin Blockchain" with the aim of furthering Web3 adoption. Following the transition, its Polkadot parachain called Efinity has also been forked into the new blockchain.  In an announcement sent to Cointelegraph, the Enjin team highlighted that the Enjin Blockchain will differ from other blockchain solutions that rely on smart contracts. According to Enjin, functions like creating and transferring NFTs will be integrated into the blockchain’s foundational code. Apart from these, the blockchain also presented new Features . This includes “Fuel Tanks” which lets developers subsidize user transaction fees and “Discrete Accounts” which lets users interact with projects using its blockchain without downloading specific wallet softw...

What Makes an NFT Valuable?

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The digital asset industry has grown exponentially in recent years, and along with the rise in cryptocurrencies has come the consistent presence of Non-Fungible tokens, or NFTs. Moreover, these assets exist in a very unique class and can be confusing to some. So, let’s delve further into answering what makes an NFT valuable.  There are a host of reasons why something could have value. Indeed, whether it’s art, a tool, or fiat currency, the idea of value is a very interesting concept to uncover and discuss. So, what makes the ownership of these assets so valuable?  What is an NFT Source: Finextra Research Firstly, let’s delve into what an NFT actually is. Specifically, these assets are unique digital items that are stored on the blockchain. However, unlike blockchain assets like cryptocurrency, NFTs are non-fungible. Essentially, that just means that they can’t be exchanged for one another because of their uniqueness.  NFTs are used to represent ownership over a particular d...