[ad_1] Finding the best upcoming NFT projects can be quite challenging, but it’s an endeavor filled with excitement and potential rewards. The NFT world is buzzing with innovation and creativity, offering a plethora of opportunities for collectors and enthusiasts alike. This guide is tailored to simplify your journey through this vibrant landscape, highlighting key NFT trends, notable upcoming NFT mints, and standout NFT projects across various platforms. We’ll show you how to find upcoming NFT projects! Upcoming NFT Projects The arena of upcoming NFT projects in 2024 is a treasure trove of innovation and opportunity. As we delve into this…
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[ad_1] Bitcoin developers at Ninjalerts have successfully inscribed the Super Nintendo Entertainment System (SNES) emulator on a Bitcoin satoshi, marking a significant advancement in the capabilities of Bitcoin Ordinals. The project was spearheaded by the team at Ninjalerts and aims to redefine the intersection of art, gaming, and blockchain technology in the form of NFTs — essentially pushing the boundary beyond static images to something more intractable. The project also seeks to preserve digital cultural artifacts such as classic video games through Bitcoin, especially those not restricted by copyright laws. Emulators are considered legal as long as they are used…
[ad_1] NFT scams have quickly become a major concern in the digital asset realm, overshadowing the growing Non-Fungible Token world. They range from NFT scams on Instagram to complex NFT art frauds like the Bored Ape Yacht Club and Logan Paul’s NFT game. The risks are varied and significant. This guide explores the murky world of NFT fraud, highlighting various forms such as fake NFTs, NFT Ponzi schemes, and common OpenSea scams. Overview Of NFT Scams The Non-Fungible Tokens (NFTs) realm has opened a new digital frontier, bringing with it a surge in NFT scams, troubling both investors and enthusiasts.…
[ad_1] UniSat Wallet recently confirmed its alignment with the upcoming Ordinals Jubilee upgrade amid a broader discussion about the evolution and governance of the BRC-20 token standard, which operates on the Ordinals Protocol. UniSat Wallet, known for its role in the Ordinals marketplace, announced plans to adhere to the Ordinals Jubilee upgrade, ensuring that the BRC-20 tokens remain integrated within the Ordinals system. This move aligns with the broader strategy of maintaining protocol consistency without diverging into an isolated framework. UniSat also teased the release of a significant whitepaper slated for Jan. 31, 2024, promising substantial advancements for BRC-20, Ordinals,…
[ad_1] YouTuber Logan Paul has announced a remedial move to reimburse disillusioned investors in his failed CryptoZoo non-fungible token (NFT) game, nearly a year after he pledged redress for the purchasers. In a Jan. 4 post on X (formerly Twitter), Paul revealed the implementation of a “buy back” initiative, backed by his commitment of $2.3 million, which aims to repurchase Base Eggs and Base Animals at their original acquisition cost of 0.1 ETH between Jan. 4 and Feb. 8 through a designated website. “This buy-back is a way for me to make whole those who intended to play CryptoZoo. The…
[ad_1] The Colorado Supreme Court’s removal of former U.S. President Donald Trump from the state 2024 ballot has impacted the floor prices of his NFT collections. Data from OpenSea shows that the former President’s Collection Series 1 tanked by 11% to 0.1505 ETH, or $333, following the news. The collection’s market capitalization is approximately $15 million as of press time. Additionally, the trading volume for the collection declined by 68% to around $16,000 during the reporting period, according to CryptoSlam’s data. The floor price for his second collection rose by 4% in the last 24 hours to 0.03450 ETH, or $76, according…
[ad_1] Tap Protocol has completed a $4.2 million funding round led by Sora Ventures to enhance its role in the Bitcoin ecosystem. This investment, featuring contributions from numerous venture capital firms and angel investors, equips Trac Systems, the German company behind Tap Protocol, for significant growth. The funding round attracted notable venture capital firms, including Cypher Capital, Rw3, Oak Grove Capital, Petrock Capital, Kosmos Ventures, New Tribe Capital, Cogitent Ventures, Compute Ventures, and MSA Novo. This financial support was further bolstered by angel investments from Animoca Brands and Quantstamp executives. Jason Fang, Founder and Managing Partner at Sora Ventures, highlighted…
[ad_1] The floor price of several blue-chip non-fungible tokens (NFTs) rapidly declined during the past day despite an overall growing volume for the sector. Falling floor price Data from Coingecko shows that the top 10 NFT collections, like CryptoPunks, Bored Ape Yacht Club, and Mutant Ape Yacht Club, recorded declines of around 5% during the last 24 hours, aligning closely with Bitcoin. Other top collections, like Pudgy Penguins, Mad Lads, and DeGods, saw significant losses of up to 13.4%. Top 10 NFTs and Floor Price (Source: Coingceko) This continues a trend observed most of the year despite the overall improved…
[ad_1] Hi BitFam, Today we’re celebrating a union that took place recently when VESA travelled to Dubai for a month of meetings, partnership calls, keynotes, and conferences. A juicy sized catalogue of VESA works moved into the Cypher Capital Hub in October and this time, we want to celebrate this incredible handshake and share the stories behind the artworks you can see on the walls. In their own words, Cypher Capital is focused on investing in Web3 infrastructure and applications that will drive the digital economy in the future. The Cypher Capital Hub in Marina is shaping up to be…
[ad_1] Why Are NFTs Bad? This pressing question underscores today’s heated discussions around Non-Fungible Tokens (NFTs). Despite the buzz, many investors are left grappling with unsellable NFTs, questioning their value and security. This article cuts through the noise to examine the critical issues and legal challenges surrounding NFTs.We navigate the complex NFT laws, dissect the reasons behind the unsellable nature of some digital assets, and address the underlying problems fueling the skepticism. With focused insights, we aim to shed light on the darker aspects of NFTs to answer the question: are NFTs bad? Why Are NFTs Bad? The question “Why…