Nft

Ahead of the Binance Blockchain Week scheduled to be held in Dubai this week, company CMO Rachel Conlan talked to Gadgets360 about the exchange’s areas of focus in terms of its marketing dos and don'ts as the firm expands its businesses globally. 

Ubisoft has launched a new NFT-integrated game called Champions Tactics: Grimoria Chronicles. In the PvP turn-based RPG, players battle NFT “Champions” online to win rewards. Ubisoft has released a total of 75,000 NFTs of Champions at launch. These NFTs can be minted on the gaming-focussed Oasys public blockchain network.     

This week, Yuga Labs introduced a new Layer-3 blockchain called ApeChain, built on the Arbitrum One blockchain. ApeChain is designed to facilitate transactions and enhance the overall ecosystem of ApeCoin.

Blockchain gamification occurs when a Web3 brand, already built on blockchain technology, introduces interactive features like branded games and rewards through gaming competitions. These elements enhance user engagement while leveraging the underlying blockchain network for a seamless experience.

Telegram and its founder, Pavel Durov, have hinted at the launch of an NFT-focused feature. According to Durov, Telegram will soon enable users to convert limited-edition Gifts into NFTs. These digital collectibles will be powered by the Durov-backed TON blockchain.

Pos Indonesia, the country's state-owned postal service, has integrated NFTs with its stamps in a move to bridge traditional collectibles with cutting-edge blockchain technology. This initiative aims to modernize stamps by blending them with the rapidly growing digital asset space.

Trump's latest move follows his promotion of an "official" cryptocurrency project, as the crypto industry faces increased regulatory scrutiny.

"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a formal declaration that SEC staff intend to recommend an enforcement action.

Samsung has teamed up with Illuvium to introduce Web3 bundles for its televisions, targeting a new generation of customers. The partnership seeks to redefine the traditional television experience, transforming it from a passive viewing device into a dynamic showcase for digital collectibles.

Sony Bank has released an NFT app named ‘Connect’, aiming to let its customers hold, trade, and collect digital collectibles. While the app is not yet available in India, Google Play Store statistics show that the newly launched app has already surpassed a thousand downloads.

Crypto wallet usage reportedly rose by 40 percent in Q2 2024, compared to the first quarter of the year. As per DappRadar, the trend of crypto airdrops is among top reasons that are rapidly adding more crypto wallets to the ecosystem.

The average sale prices of NFTs slipped by nearly 60 percent between March and June this year. As per CryptoSlam, the number of unique NFT buyers stood at 1,083,490 around March this year, but the figure reduced to 998,138 in June.

Sony Group is set to enhance its product and service offerings by integrating crypto-centric features. This initiative includes a revamped UI screen design and the launch of a new app aimed at delivering a more user-friendly experience.

South Korean regulators will classify bulk or large scale non-fungible tokens (NFTs) as virtual assets. With this, South Korea could become one of the first countries to define where NFTs stand in-terms of their role and use in the Web3 arena.

Games that fall under this category are based on blockchains and work on a decentralised approach. They offer players rewards in the form of native tokens from the game ecosystems that helps them generate some income while playing games.

Ahead of the Binance Blockchain Week scheduled to be held in Dubai this week, company CMO Rachel Conlan talked to Gadgets360 about the exchange’s areas of focus in terms of its marketing dos and don'ts as the firm expands its businesses globally. 

Ubisoft has launched a new NFT-integrated game called Champions Tactics: Grimoria Chronicles. In the PvP turn-based RPG, players battle NFT “Champions” online to win rewards. Ubisoft has released a total of 75,000 NFTs of Champions at launch. These NFTs can be minted on the gaming-focussed Oasys public blockchain network.     

This week, Yuga Labs introduced a new Layer-3 blockchain called ApeChain, built on the Arbitrum One blockchain. ApeChain is designed to facilitate transactions and enhance the overall ecosystem of ApeCoin.

Blockchain gamification occurs when a Web3 brand, already built on blockchain technology, introduces interactive features like branded games and rewards through gaming competitions. These elements enhance user engagement while leveraging the underlying blockchain network for a seamless experience.

Telegram and its founder, Pavel Durov, have hinted at the launch of an NFT-focused feature. According to Durov, Telegram will soon enable users to convert limited-edition Gifts into NFTs. These digital collectibles will be powered by the Durov-backed TON blockchain.

Pos Indonesia, the country's state-owned postal service, has integrated NFTs with its stamps in a move to bridge traditional collectibles with cutting-edge blockchain technology. This initiative aims to modernize stamps by blending them with the rapidly growing digital asset space.

Trump's latest move follows his promotion of an "official" cryptocurrency project, as the crypto industry faces increased regulatory scrutiny.

"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a formal declaration that SEC staff intend to recommend an enforcement action.

Samsung has teamed up with Illuvium to introduce Web3 bundles for its televisions, targeting a new generation of customers. The partnership seeks to redefine the traditional television experience, transforming it from a passive viewing device into a dynamic showcase for digital collectibles.

Sony Bank has released an NFT app named ‘Connect’, aiming to let its customers hold, trade, and collect digital collectibles. While the app is not yet available in India, Google Play Store statistics show that the newly launched app has already surpassed a thousand downloads.

Crypto wallet usage reportedly rose by 40 percent in Q2 2024, compared to the first quarter of the year. As per DappRadar, the trend of crypto airdrops is among top reasons that are rapidly adding more crypto wallets to the ecosystem.

The average sale prices of NFTs slipped by nearly 60 percent between March and June this year. As per CryptoSlam, the number of unique NFT buyers stood at 1,083,490 around March this year, but the figure reduced to 998,138 in June.

Sony Group is set to enhance its product and service offerings by integrating crypto-centric features. This initiative includes a revamped UI screen design and the launch of a new app aimed at delivering a more user-friendly experience.

South Korean regulators will classify bulk or large scale non-fungible tokens (NFTs) as virtual assets. With this, South Korea could become one of the first countries to define where NFTs stand in-terms of their role and use in the Web3 arena.

Games that fall under this category are based on blockchains and work on a decentralised approach. They offer players rewards in the form of native tokens from the game ecosystems that helps them generate some income while playing games.