The Bitcoin network has entered the NFT industry with a bang, making significant strides in terms of sales volume. According to data from NFT tracker CryptoSlam, Bitcoin-based NFTs have amassed an impressive $4.29 billion in total sales as of June 18. This places Bitcoin in third position, behind only Ethereum and Solana, which have sales
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The Vatican Library has recently announced a groundbreaking initiative to expand its reach into the Web3 space by offering non-transferable NFTs to backers of its esteemed manuscript collections. This project, currently in an experimental phase, is exclusively available to Italian supporters of the Vatican Apostolic Library. Italians have the opportunity to participate in this project
SnakeTON, an innovative Web3 survival GameFi built on the TON platform, is changing the landscape of gaming within the Telegram app. With a user base of 900 million, SnakeTON offers players the opportunity to control their snakes, navigate through various game modes, and emerge victorious by consuming food and defeating other players. The game’s primary
Recently, several major retail companies in South Korea, including Lotte and Hyundai, have made the decision to bow out of the non-fungible token (NFT) market. This move comes as a response to a noticeable slowdown in the NFT industry, prompting these companies to redirect their focus and resources back towards their core business operations. Lotte
Gamee, a hypercasual gaming ecosystem, made a critical move when it transferred its GMEE token from Telegram to Ethereum following the $15 million hack on Polygon in early 2024. This strategic decision played a significant role in the recent surge of activity within the Gamee network. Apart from the migration to Ethereum, the integration of
On Wednesday, a groundbreaking NFT-based card game named Parallel made its debut on the Epic Games Store. This move strategically positioned Parallel in front of the platform’s extensive audience of over 270 million users, 75 million of which are active on a monthly basis. With Parallel now among the top PC games on the Epic
Bitcoin has inspired a myriad of artworks, with the Bull and Bear symbol being a commonly portrayed motif in the world of crypto-inspired art. However, artist VESA took on the challenge of creating something entirely new with BitRam. This piece symbolizes Bitcoin’s relentless and unconfiscatable nature, offering a fresh perspective amidst turbulent societal times. BitRam
In a recent announcement, Animoca Brands Corporation Limited and its subsidiary, Bacasable Global Limited, revealed that The Sandbox had secured $20 million in funding. This funding round comes with a valuation cap of $1 billion, showcasing Animoca’s commitment to advancing digital property rights within the open metaverse. The injection of capital will accelerate The Sandbox’s
Decentralized gaming is taking a new turn with the release of Overworld Arena, showcasing the power of blockchain technology to revolutionize the gaming industry. With a focus on accessibility, involvement, and real-world rewards, Xterio has introduced a mini-game that is set to change the way players engage with decentralized gaming platforms. Overworld Arena offers a
McDonald’s Singapore has taken a bold step into the metaverse with the launch of its digital environment called “My Happy Place.” Developed in partnership with Bandwagon Labs, this virtual space is accessible through the official McDonald’s app and offers a combination of virtual and real-world experiences. The platform is designed to provide users, especially 2023