After a year full of frequent hacks and scams, world's largest #NFT platform @opensea is now facing three separate lawsuits from plaintiffs who lost access to their Bored Ape Yacht Club NFTs.
#BAYC#NFTplatform
https://t.co/c5q3xUcuVH
Popular Ghanaian pallbearer, Benjamin Aidio, whose group went viral in 2020 after their videos were turned into memes during the peak of the COVID-19 pandemic, has sold his viral coffin dance as #NFT for over $1 million approximately (GHC 7.45m).
#memeNFT
Meta Financial Technologies has been exploring the creation of a virtual currency for the metaverse, which employees internally have dubbed “Zuck Bucks”. Meta hopes payment tokens will reduce platforms’ reliance on adverts as popularity wanes.
https://t.co/03ZBMbx7jt
The payments and checkout and shopper network Bolt announced that the firm plans to acquire the digital currency provider Wyre in a $1.5 billion deal. Bolt has explained the acquisition is aimed at bolstering cryptocurrency services and “the opportunity of Web3.” #fintech
@espn and @Autograph , the NFT company founded by @TomBrady , announced Wednesday a multi-year deal to mint the sports network’s first NFT collection that coincides with the release of the docuseries “Man in the Arena: Tom Brady” on ESPN+ and Disney.
https://t.co/h3kzi1HL9Y
While speaking at ‘Bitcoin 2022’ in Miami, Crypto Billionaire @novogratz Said #btc will go to the ‘Moon’ once fed pauses. He also predicted that the central bank under the helm of Jerome Powell will remain “very hawkish for a while” due to high inflation.
https://t.co/LHEUIDsEgu
After being duped into exchanging valuable pieces for worthless PNGs in a fraudulent swap transaction, a Bored Ape Yacht Club (BAYC) NFT holder has lost multiple ape NFTs at an exchange called ‘swapkiwi', which were worth a total of $567,000!
https://t.co/SeapvSvs68
Modonna just purchased Bored Ape #4988 via @moonpay.
In November 2011, Moonpay helped Jimmy Fallon, Post Malone and LIl Baby for Bored Ape #NFT purchases. Later that month, Moonpay raised $555 million in Series A, valued at $3.4 billion.
Is the next financing round coming?
With 88 million users in Japan, messaging app Line will launch an NFT marketplace on April 13. The marketplace LINE NFT will run on LINE private blockchain. Those who buy tokens on it can exchange them with friends who are also registered Line users.
https://t.co/fEVi3GvVlA
Russia is considering accepting #Bitcoin as payment for its oil and gas exports.
"Friendly" countries could be allowed to pay in the cryptocurrency. Earlier, Putin said he wanted "unfriendly" countries to buy its gas with roubles.
#btc rises 2% after this news released.
5. Real Estate
Linking real world assets to NFTs digitize our proof of ownership.
Rather than typical contracts, property deeds can be moved onto the blockchain in the form of a smart contract.
In 2021, Shane Dulgeroff auctioned a California house on the blockchain as an NFT.
4. Gaming
Gaming has massive demand for in game items that are tradable and hold value.
In-game transactions have created a multi-billion dollar industry, which is a perfect fit for blockchain technology.
Axie Infinity have built a Pokémon style game with NFT characters.
3. Finance
Most NFTs get their value from their art or collectibility.
In DeFi (Decentralized Finance), NFTs can also reward holders with passive income!
A great example of this are certain CyberKongz NFTs, which give users $BANANA just for holding them!
2. Collectibles
Whether it’s Pokémon, NBA, or baseball trading cards. People LOVE collecting.
A great mainstream example of this is the NBA Top Shot NFTs.
And just like art pieces, there is huge demand for certain collections.