NFT
Skateboard NFT: Pharrell Pack Launches During Something In The Water Weekend
Pharrell Pack, a new collection of digital, physical wearables and redeemables, was curated by Skateboard P himself. The post Skateboard NFT: Pharrell Pack Launches During Something In The Water Weekend appeared first on The Latest Hip-Hop News, Music and Media | Hip-Hop Wired.
Binance tightens rules on NFT listings
According to a Jan. 19 announcement by Binance, the cryptocurrency exchange has tightened its rules for nonfungible tokens, or NFT, listings. Starting Feb. 02, 2023, all NFTs listed on Binance before Oct. 2, 2022, and have an average daily trading volume lower than $1,000 between Nov. 1, 2022, and Jan. 31, 2023, will be delisted. In addition, after Jan. 21, 2023, NFT artists can only mint up to five digital collectibles per day. Binance NFT requires sellers to complete know-your-customer (KYC) verification and have at least two followers before listing on its platform. In addition to the revised rules, Binance said it would forthwith “periodically review” NFT listings that do not “meet its standards” and recommend them for delisting. “Users can repo...
ConsenSys slashes headcount 11% as chief economist reveals formula for adoption
ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses. In a blog post from ConsenSys CEO Joseph Lubin on Jan. 18, the blockchain firm CEO said “poorly behaved” centralized finance (CeFi) actors have cast a “broad pall on our ecosystem that we will all need to work through.” Lubin said the decision will impact 96 employees and is part of plans to focus its resources on its core businesses. Today we need to make the extremely difficult decision to streamline some of ConsenSys’ teams to adjust to challenging and uncertain market conditions.https://t.co/Svuk9yYj6J 1/10 — Joseph Lubin (@ethereumJoseph) January 18, 2023 Speaking to Cointelegraph a few days before the layoffs...
Nifty News: Fake Pokémon NFT game spreads malware, ‘Jai Ho’ singer to launch metaverse and more
Hackers hide malware in fake NFT game A phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the time of writing was still online, also claims to offer an NFT marketplace, with a link to buy tokens, and even an area to stake NFTs — all based on the popular Japanese media franchise. However, an arm of the South Korean cybersecurity firm AhnLab warned the public about the website on Jan. 6, noting that instead of downloading agame, users were actually downloading a remote access tool that allows hackers to take control of their device. A screenshot of the phishing website. The “Play on PC” link at the bottom of the image downloads the malware. The...
5 Absurd But True Stories That Captivated the EDM World In 2022
2022 was another banner year for electronic dance music history as festivals returned en masse, the scene’s biggest artists released albums and live music records were broken. But then there were times when things got… weird. From head-scratching revelations on social media to dance music veterans taking the genre where it hasn’t gone before, read on to discover just a handful of the stories that had us doing double-takes in 2022. Bizarre Reddit sex confession spikes Hudson Mohawke’s “Cbat” on the charts There’s no manual to achieving a chart topping hit—but having your music be the subject of an embarrassing sex confession may be one of the most absurd paths possible. On the “Today I Fucked Up” subreddit, a Redditor confessed to the wo...
What is an NFT whitelist, and how can you join one?
Crypto-based scams are constantly sweeping the nonfungible token (NFT) space; therefore, staying updated is the most significant way to prevent both new and existing NFT scams. Other than fraud, intense rivalry for newly minted NFTs may cause prices to rise and transaction fees to skyrocket, making them unaffordable for early supporters. Nonetheless, these issues have been solved by NFT providers by establishing whitelists or allowlists, giving special privileges and access to a newly minted nonfungible token. Before public minting begins, nonfungible token projects employ allowlists to restrict who can mint NFTs. For example, one can mint NFTs without being concerned about gas wars if they are on the whitelist. This article will discuss the NFT whitelisting concept and process, why ...
A beginner’s guide to NBA Top Shot NFTs
NBA Top Shot is a nonfungible token (NFT) marketplace that enables basketball fans to buy, sell and trade NBA-themed digital collectibles. These collectibles are “Moments” — NFTs of NBA video clips and digital art — available per their degree of rarity. In other words, users can trade NFTs that feature anything from a winning three-pointe from Luka Dončić to a dunk from Lebron James, depending on their availability. A NBA Top Shot Moment listing example. Source: Official Website The concept is akin to traditional sports collectible where fans attempt to acquire the rarest of items associated with teams, with an aim to either collect or sell it later at a higher price. Except, in the case of NFTs, these collectibles are digital — unique cryptographic tokens that exist on a ...
What is the relationship between blockchain and Web3?
Cryptocurrencies and blockchain are the building blocks of Web3. However, the decentralized web also relies on technologies like AR, VR, IoT and others unrelated to blockchain or digital currencies. The third generation of the internet, known as Web3, is based on blockchain technology. However, technologies like machine learning, big data, artificial intelligence (AI), the Internet of Things (IoT), augmented reality (AR), virtual reality (VR) and others enable decentralized apps (DApps) to analyze information in a sophisticated human-like manner in a Web3 environment. For instance, virtual reality headsets will create an exceptional shopping experience, allowing customers to interact with the products before making a purchase. However, these technologies are not based on cryptocu...
How to add unlockable content to your NFT collection
After a spectacular run in 2021, almost everyone at least superficially knows what nonfungible tokens (NFTs) are. Although not many people are aware that NFTs constantly get new entrancing functionality and use cases. This article will highlight the role of an exciting feature: unlockable content in NFTs. We will break down for you its advantages and use cases and show how to add unlockables to your NFT collection. What is an NFT? Traditionally, NFTs are described as unique cryptographic digital assets on a blockchain that can be bought and sold online. They could be nearly anything, including digital pictures, songs, videos, in-game items, real estate or even personal genomes. Most notably, NFTs provide advantages for artists, such as decentralization, verification and management of owner...
Armin van Buuren Launches Web3 Subscriber Community, “AAA”
Armin van Buuren has revealed the future hub of his global electronic community. “Armin’s All Access,” otherwise known as AAA (Triple-A), will serve as the future channel for van Buuren’s direct contact with his fanbase. The trance music icon has consistently been on the forefront of embracing nascent technologies. Most recently, van Buuren’s campaign for his single “Computers Take Over The World” saw the veteran artist embracing the future of AI-powered productivity applications, from formulating the cover art to writing the track’s press release. “I started my journey an odd twenty years ago looking to build strong connections with people from all over the world through music,” van Buuren said in a statement shared with EDM.com. ...
Comic-Con guru says storytelling is the key component for successful NFT projects
NFT Steez, a new weekly Cointelegraph podcast exploring nonfungible tokens and Web3 projects, spoke to Comic-Con legend Gareb Shamus about how he has used storytelling to build engagement and a “maker world” that grows and strengthens communities. What started off as a newsletter about comics — Shamus’ passion project — ultimately became known to the world as Wizard magazine. According to Shamus, Wizard was an outlet where he could “create a voice” and share with his friends the things he had discovered that excited him. Shamus touched on the importance of building elements of engagement and not limiting creativity within communities to further “unite them around what they love.” More importantly, he explained how building engagement allowed him to reach billions of people around...
GameStop to drop crypto efforts as Q3 losses near $95M
Gaming retailer GameStop says it will no longer focus any efforts on cryptocurrencies, after amounting $94.7 million in net losses in the third quarter and laying off staff from its digital assets department. On a Dec. 7 earnings call GameStop CEO, Matt Furlong, said it “proactively minimized exposure to cryptocurrency” over the year and “does not currently hold a material balance of any token,” adding: “Although we continue to believe there is long-term potential for digital assets in the gaming world, we have not and will not risk meaningful stockholder capital in this space.” Earlier this year the company said it was looking at crypto, along with nonfungible tokens (NFTs) and Web3 applications, as avenues for growth calling these spaces “increasingly relevant for gamers of the fut...
