First post-Merge Ethereum NFT minted for $60K

Less than an hour after Ethereum (ETH) completed the Merge; a user spent 36 ETH — roughly $60,000 — to mint the first NFT on the proof-of-stake (PoS) network. The NFT was minted at a Block height of 15537394 and is tagged “The Transition.” The NFT is part of a panda face collection commemorating Ethereum’s…

New York museum plans to buy NFTs from art auction proceeds

The William S Paley Foundation plans to auction off about $70 million worth of art and spend part of the proceeds on non-fungible tokens(NFTs) and digital art, The Wall Street Journal reported on Sept. 13. The plan was disclosed by the director of the New York Museum of Modern Art (MoMA), Glen Lowry. According to…

Pumping Parrots NFTs see 753% increase in sales volume with pyramid scheme model

Pumping Parrots  NFT collection is in the news due to its marketing strategy, which many have described as a pyramid scheme. Unlike most NFT collections that market their utilities, Pumping Parrots markets itself as a pump-and-dump opportunity for collectors to make money before the merge. “The rules are simple: Flip your NFT at 2X. If…

Meta-Builders: your brand’s guide into the Metaverse

The Metaverse is a new online experience that comes with a base money layer and many of the features people have come to expect from more familiar technologies. Vancouver,United States – August 23, 2022 /PressCable/ — Metaverse, Web3, Blockchain, NFTs… Regular Internet users have probably come across any of these terms a couple of times…

Ideaverse Games Studio Launches Its First NFT Membership Initiatives

Singapore – August 23, 2022 — Ideaverse Games Studio has embraced DAO and announced the launch of its first NFT membership to improve gaming experiences for users. Ideaverse Games Studio, the developer of Horde of the Apocalypse and Fortune Heroes, announced the launch of its first NFT membership initiatives catered to improving the gaming experience…

Big brands start seeing revenue from their NFT sales

The NFT craze of 2021 swept across almost every industry and made non-fungible tokens a household name across the globe, making NFTs, which were once reserved only for a small niche of crypto enthusiasts, catch the eyes of legacy brands that joined in on the craze. After buying sought-after NFT collections like the BAYC or…

Lavish Leopards Unveils an Exclusive And Inclusive Top-Tier NFT Community Built on ETH

Lavish Leopards Unveils an Exclusive And Inclusive Top-Tier NFT Community Built on ETH United States – August 21, 2022 — On track with its goal to become the most powerful and exclusive community, Lavish Leopards has launched a lavish community in Web3 that features 5,555 extremely limited pieces of art and eyes incorporating real utility…

Paribus Announces New Development

Miami August 2022. Paribus, a cross-chain borrowing and lending protocol for NFTs announced today multiple development updates regarding their protocol and ecosystem. New York,United States – August 16, 2022 /PressCable/ — Paribus Development Update: NFT Modules Completed for CryptoPunks & Bored Ape Yacht Club Miami August 2022. Paribus, a cross-chain borrowing and lending protocol for…