NFT
deadmau5 and Zytara Partner to Launch Groundbreaking Digital Banking Experience
Canadian electronic music icon deadmau5 has formed a groundbreaking partnership with Zytara, an innovative fintech company, to change virtual banking as we know it. The partnership will offer the first-ever branded digital banking experience, according to a press release shared with EDM.com. Zytara’s technology is said to enable fans to “interact with deadmau5’s brand” through the company’s banking app, where they can discover merchandise, concerts, pop-ups and more. Fans will also be able to receive a deadmau5-branded virtual or physical debit card, which can be used at 45 million merchants worldwide. Zytara’s debit cards with deadmau5 branding. Zytara Scroll to Continue Recommended Articles This shape-shifting partnership is the latest i...
Politics As Usual: Dame Dash & Jay-Z Settle ‘Reasonable Doubt’ NFT Lawsuit
HipHopWired Featured Video Source: Ray Mickshaw / Getty It seems Dame Dash and Jay-Z have come to a reasonable understanding regarding Reasonable Doubt. The two have finally settled on their NFT lawsuit. As per TMZ the former business partners have made good on their differences regarding the ownership of Jay-Z’s classic debut. According to legal documentation obtained by the celebrity gossip site the former Roc-A-Fella Records duo have come to a mutual agreement on who can do what with the album with regards to the Metaverse. On Monday, June 13 paperwork was submitted by both parties stipulating that the former Cake-A-Holic can sell his one third ownership of it but can’t “in any way dispose of any property interest in Reasonable Doubt.” Related Stories In addition to...
Armin van Buuren Is Streaming an Original Concert Film—But Only for One Night
For one night only, fans have the opportunity to discover a lot more about one of trance music’s most tenured icons with the premiere of This Is Me. The forthcoming film details the life and experiences of Armin van Buuren, but June 30th will be the one and only date to catch the flick. The iconic “This Is What It Feels Like” producer is teaming up with HYMN to make this exclusive event a reality. Combining legendary moments on the silver screen with innovations in Web3, HYMN creates a path for artists and fans to share in a piece of music and cinematic history. Armin van Buuren is streaming his “This Is Me” concern film one time only. HYMN Scroll to Continue Recommended Articles Creating 1,234 Armin van Buuren NFT collectibles, HYMN is curating a collect...
Axie Infinity: AXS price risks deeper losses despite 90% drawdown already
Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo further declines in the coming months, according to a mix of technical and fundamental catalysts listed below. Low player count dampens AXS demand To recap, AXS serves as a settlement token within the Axie Infinity’s gaming ecosystem, allowing players to purchase native nonfungible tokens (NFT), a flurry of digital pets called “Axies.” It also acts as a work token that players can spend to breed new Axies. New users that enter the Axie Infinity ecosystem need Axies to pit them in a battle against other Axies. When they win, the platfo...
This key Ethereum price metric shows ETH traders aren’t as bearish as they appear
Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price. The merge is meant to address energy-use issues and open a path for higher transaction output, but the actual full transition for the Ethereum network is not expected until later in the year. Ethereum developer Parithosh Jayanthi also noted that some bugs on the PoS implementation emerged, but those should be fixed over the coming weeks. Luckily for Ethereum, two of its top competitors recently faced challenges of their own. The Solana (SOL) network faced the fifth outage in 2022 after no new blocks were produced for four hours on June 1. Every decentralized application was halted until the validators were able to addr...
Nifty News: ‘Blue-chips’ halve in value, free-to-mint Goblintown NFT volume surges
“Blue-chip” nonfungible token (NFT) collections have seen their floor prices and market capitalization slide over the past 30 days, with some of the most well-recognized projects halving in value for these key metrics. Data collected on key Ethereum NFT projects by DappRadar shows the floor prices of established collections such as CryptoPunks, Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC) and Moonbirds are at most down around 55% over 30 days. The MAYC is the worst off of the four, with the floor price diving 55% to 16.7 Ether (ETH), or $31,300 at the time of writing. The more popular BAYC has fallen over 47% to 86.7 ETH, or $163,000, and CryptoPunks by almost 49% to 45 ETH, $85,000. The only collection to gain in the month was Moonbirds, up 22% with a 19.6 ETH floor...
What is ApeCoin and how does it work?
The first quarter of 2022 was abuzz with the talks about ApeCoin (APE), a cryptocurrency adopted to be the native coin of Bored Ape Yacht Club (BAYC), developed by Yuga Labs. Since the ApeCoin DAO came into being in April 2021, the BAYC has been among the top nonfungible token (NFT) collections with a vibrant community. The BAYC collection showcases apes that seemingly look bored. Depending on your mood and choice, you can choose these apes down to the tiniest details. Investors across the world have put their money into these artworks and the buyers include the likes of Justin Bieber and Eminem. As an ERC-20 governance and utility token of the APE ecosystem, ApeCoin is administered by a decentralized autonomous organization, or DAO. Anyone holding the coin is allowed to cast their vote on...
STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out?
A massive downtrend in the STEPN (GMT) prices witnessed in the last 30 days appears to be nearing exhaustion. GMT’s price has rebounded by nearly 35%—from $0.80 on May 27 to $0.99 on May 28. Interestingly, the upside retracement started after the price fell in the same range, which had acted as support before GMT’s 500% and 120% price rallies in March and early May, respectively. GMT/USD daily price chart. Source: TradingView Additionally, the rebound further preceded an 80% drop from its record high of $4.50, established on April 27, which left GMT oversold, per its daily relative strength index reading that slipped below the oversold threshold of 30 on May 26. The technical support, in addition to oversold RSI, suggests GMT is in the process of bottoming out. GMT price levels...
Bored Ape Yacht Club NFT daily sales volume up more than 300% in the last 24 hours
The NFT collection is second in 24 hr. daily sales volume behind Otherdeed, which has more buyers and transactions on the day Earlier this week, the all-time sales volume of the mutant serums for BAYC crossed $1.5 billion The MAYC NFT collection has grown to be among only six platforms to reach the billion-dollar platform since its launch, the others including Axie Infinity, CryptoPunks, NBA Top Shot and its original highly successful derivative BAYC. The offshoot NFT from the Bored Ape Yacht Club (BAYC) this week surpassed $1.5 billion and, at the time of writing, has logged $1.531 billion for an average of about $39,360. The NFT collection currently ranks fourth in sales volume and has recorded 38,896 transactions, CryptoSlam data shows. The Mutant Ape Yacht Club NFT collecti...
Tiësto Makes His Foray Into NFTs With “All Access Eagle” Launch At EDC Las Vegas
Tiësto has revealed his plans to enter the NFT arena, with the superstar producer teasing the beginning of a new line of digital assets. While there’s still much to be revealed regarding Tiësto’s forthcoming collection, the key to accessing his upcoming Genesis NFT launched over the weekend at EDC Las Vegas. The theme of the collection centers around the eagle – a recurring image seen across the “Don’t Be Shy” producer’s album artwork and live visuals. The All Access Eagle NFT represents phase one of his efforts in the space, and grants holders VIP access to purchase his forthcoming Genesis NFT titled “EAGLE.” The All Access Eagle NFT additionally includes the promise of early access to new music, plus additional perks yet to ...
NFT Roundup: Getty Images partners with Candy Digital to launch NFTs as LimeWire locks in UMG
Getty Images’ NFTs will be minted on the Ethereum sidechain Palm blockchain LimeWire recently partnered with UMG to allow artists signed to the entertainment giant to release NFTs in an upcoming marketplace British-American visual media firm Getty Images has completed an agreement with digital collectables company Candy Digital to release its first non-fungible tokens (NFTs). According to an official announcement published on Tuesday, the NFTs would be minted on Palm blockchain, an Ethereum sidechain. Getty Images intends to draw material for its NFTs from its collection having more than 465 million images, including 135 million previously unseen analogue archival works. Sales of the tokens would happen on Candy Digital’s marketplace, with the firm also tasked with developing the said...
eBay partners with Tezos-powered OneOf to launch the first NFT collection
The popular online marketplace has previously delved into NFTs, but this is the first instance of itself launching NFTs The digital collectibles will be centred around sports personalities E-commerce giant eBay announced on Monday it is unveiling an NFT collection ‘Genesis’ of non-fungible tokens, featuring animations of popular athletes, including ice hockey legend Wayne Gretzky. The NFT collection features thirteen digital collectibles available at different tiers. The launch is a joint venture with the NFT platform OneOf built on Tezos and Polygon. The companies confirmed that they would continue with the NFT drops beyond the ‘limited-edition’ digital collectibles. The NFTs will, however, focus on athletes featured on Sports Illustrated covers. There are four tiers – gree...
