A platform to increase the usability of NFTs has been launched by the Nigerian fintech business SPLIQ DEFI in an effort to better incorporate the technology into daily life. SPLIQ DEFI, which was introduced in April 2022, analyzes the volatility of digital assets like NFTs using real-time market data to establish a lending facility’s eligibility…
As part of an exclusive multi-year agreement, Cristiano Ronaldo’s first NFT collection will be made available on Friday, November 18, by Binance, the world’s foremost blockchain ecosystem and cryptocurrency infrastructure provider. A global marketing effort involving Ronaldo will support the launch and introduce his followers to Web3 through the realm of NFTs. He Yi, co-founder…
Ayoken, a non-traditional marketplace for creatives, has raised $1.4 million in pre-seed capital to help users diversify their revenue streams by selling digital artifacts. Ayokenlabs, the startup’s marketplace, will showcase digital collectibles from singers, sports brands, and influencers throughout the world. Joshua King, the founder and CEO of Ayoken, told TechCrunch that the marketplace serves…
A Nigerian man, Chidi Nwaubani has launched the “Looty” project, which aims to restore African antiques taken by European colonists by creating 3-D reconstructions of them, selling them as non-fungible tokens (NFTs), and donating the proceeds to young African artists. Objects taken during the colonial period have recently been returned to their countries of origin,…
AVC, founded by a Grammy Award-winning Nigerian musician, has announced the launch of its platform to assist content creators in creating and trading non-fungible tokens (NFTs). The AVC platform, based in Lagos and Accra, aims to make it easy for African creators to create, manage, and sell digital art and assets by collaborating with global…
Metaverse-based company Gamepay has launched an NFT marketplace for its first NFT and play-to-earn games project Chickey Chik and part of the proceeds from the NFT sale will be donated to the Ukrainian Red Cross. Founded by a team that is focused on democratising NFTs and bringing games to all areas of emerging economies, Gamepay…
Non-fungible tokens (NFTs) captivated the world’s attention in 2021, when images, tweets, and even music began selling for millions of dollars on the Internet. The idea of selling easily accessible content to anyone on the Internet for millions of dollars seemed far-fetched at the time, but the concept of fungibility and virtual ownership has since…
Ikonia, a digital platform based in Kyiv and Gothenburg, has announced that it will sell 43,287,512 NFTs, one for each Ukrainian citizen. The ‘Stand With Ukraine‘ launch of the NFT sale raises funds for charities in the embattled country. More than 43 million NFT editions will be sold for $10 each; so far, more than…
In its own way, Samsung has validated the crypto space by announcing new features that will be included in its upcoming lineup of smart televisions. The South Korean tech behemoth has announced a new “NFT Aggregation Platform” that will debut alongside its latest Smart TV models at CES 2022. People will be able to browse…
Ferrari announced on Monday that it has signed a multi-year agreement with Swiss technology firm Velas Network to create digital content for its fans. Velas, a provider of digital products and services, will become a partner of Ferrari’s Formula 1 racing team beginning next season. “Moreover, Velas will be the Title Sponsor of the Ferrari…
Non-fungible tokens (NFTs) have created quite a stir throughout 2021, quickly transitioning from something obscure and nerdy to one of the most desired items of digital consumerism, with global searches for the term “NFT” appearing to have surpassed those for “Crypto” for the first time, according to Google Trends. While the crypto market has seen…
Discord is already the de facto home for NFT communities, but the company could be planning to deepen those connections in a big way. On Monday, Discord founder and CEO Jason Citron tweeted a screenshot depicting Discord integrated with popular crypto wallet service MetaMask and WalletConnect, an open protocol that many mobile crypto wallets are…
Non-fungible tokens, or NFTs, are altering our perceptions of art, and financiers are paying attention. NFTs have risen to prominence in the cryptocurrency industry in recent years. Artists have taken use of the technology’s ability to generate real-world scarcity for digital goods using cryptographically unique tokens. NFT markets like Nifty Gateway and OpenSea marketplace have experienced record trading volumes…
The NFT market is still defying reason, but then again that’s kind of its thing. But one thing I’m especially unsure about lately as I see JPGs continue to sell for millions of dollars is… does any of this actually matter? I’ve spent a lot of time over the last year grappling with the NFT…
The NFT space has had quite the year, and while it can be difficult to separate the billions of dollars in crypto speculation from the potential infrastructure shifts, plenty of mainstream tech companies are dipping their toes into the space and signaling future interest. This time it’s TikTok’s turn. The fast-growing social media platform, which…