Tag: NFTs

In a groundbreaking move for the Web3 development ecosystem, Mirror World, a prominent platform for decentralized applications (dApps), has unveiled its inaugural gaming rollup chain on the Solana blockchain network. This milestone marks a significant leap forward in the convergence of blockchain technology and gaming, promising enhanced scalability, interoperability, and user experience.

Arbitrum Foundation, Azuki, and Weeb3 Foundation have announced a collaborative effort to introduce AnimeChain, a blockchain-powered anime network. AnimeChain seeks to engage anime enthusiasts in the web3 space by offering a diverse range of content, games, merchandise, and NFTs.

Recent data from Blur indicates a downturn in the Ethereum non-fungible token (NFT) market, attributed to the sharp rise in ETH prices. Blue-chip NFT collections such as Bored Ape Yacht Club (BAYC), Pudgy Penguins, Mutant Ape Yacht Club (MAYC), and Azuki have seen substantial declines of over 20% in their ETH-denominated prices within the past week. The situation is particularly concerning for BAYC NFT holders, with over 70 assets now in liquidation status at the Blend auction platform. This downturn reflects a broader trend affecting high-profile NFT projects, as investors grapple with the implications of Ethereum’s price volatility on the value of their digital assets.

Former U.S. President Donald Trump has launched a new NFT collection on Bitcoin Ordinals, a platform that allows users to create and trade digital assets on the Bitcoin blockchain.

BNB Chain, 2023, DeFi, NFTs, dApps, DAOs, Metaverse, blockchain, cryptocurrency, innovation, disruption, finance, technology, decentralization, community, growth, challenges, regulation, future

CirrusNFT made a tweet that sent shockwaves through the NFT market, reporting a significant Penguin sale. According to him, a collector dumped 39 Pudgy Penguins making more than a million dollars from the sale.