NFT

On March 16, the law firm Rosen Law Firm announced that it had filed a class action lawsuit on behalf of NFT purchasers of DraftKings Inc. Investors wishing to serve as the main plaintiff must file an application with the court before May 8, 2023. Rosen, a law firm, filed a class action lawsuit on behalf of the DraftKings NFT buyer Analysis based on this information:The Rosen Law Firm has recently announced that it has filed a class action lawsuit regarding NFT purchasers of DraftKings Inc. DraftKings Inc. is a well-known online platform for sports betting and fantasy sports where users can purchase and sell non-fungible tokens (NFTs) related to sports events. Non-fungible tokens are unique digital assets that are purchased and sold using cryptocurrencies. These tokens are becoming increasingly popular in the sports industry and are being used to sell sports tickets, memorabilia, and collectibles. The class action lawsuit filed by the Rosen Law Firm is on behalf of…

On March 16th, the NFT project DeGods announced that it would open 500 new series NFT foundries on the Bitcoin network, with a casting price of 0.444 BTCs per NFT. The tentative casting time is Friday afternoon Pacific Standard Time. More information will be released later. DeGods: Will Open 500 New Series NFT Foundations on Bitcoin Network Analysis based on this information:DeGods, a popular NFT project, recently announced that it would be launching 500 new series NFT foundries on the Bitcoin network. The news has been circulating throughout the NFT community, creating excitement and anticipation amongst collectors and investors alike. The announcement stated that the casting price for each NFT would be 0.444 BTCs, with the tentative casting time set to occur on Friday afternoon Pacific Standard Time. As of yet, there has been no official announcement regarding the exact date of the launch, but it is expected to be revealed soon. DeGods is a relatively new entrant in the…

According to reports, according to official disclosure information from the United States Patent and Trademark Office, jewelry giant TOUS has submitted a trademark application involving NFT, which mentions that the company plans to provide online retail store services in a virtual environment, including physical goods and virtual goods, namely clothing, shoes, headwear, fashion accessories, glasses, cosmetics, jewelry, and handbags, as well as digital clothing, shoes, headwear, fashion accessories, glasses Buyers and sellers of cosmetics, jewelry, and handbags provide an online marketplace that is certified through NFT. Jewelry giant TOUS submits a trademark application involving NFT Analysis based on this information:Spanish jewelry giant, TOUS, known for its iconic teddy bear-shaped pendants, will reportedly be applying for a trademark application involving non-fungible tokens (NFTs) for its online retail store services. The application discloses plans of providing an online marketplace for buyers and sellers of a wide range of items, including physical goods and virtual goods such as fashion accessories, cosmetics, and jewelry,…

According to the official blog, the Solana Ecological NFT Market Formfunction announced that it will close on March 29, and users still have full ownership of NFT. “After many discussions and careful consideration, we have come to the conclusion that we cannot continue to run Formfunction. We will continue to maintain Formfunction until March 29. After that date, users will no longer be able to access our website.” The NFT market Formfunction announced that it would close on March 29, and completed a funding of $470 a year ago Analysis based on this information:The Solana Ecological NFT Market Formfunction recently announced its closure on March 29, 2022. This news comes after much discussion and careful consideration. The official blog post states that the company cannot continue to operate Formfunction and will maintain it until the closing date, after which users will no longer have access to the site. The closure may come as a surprise to many NFT enthusiasts, especially…

It is reported that the Web3 security company Pocket Universe issued a warning on social media that hackers may steal NFT by using the Blur signature vulnerability. This scam will use the forged signature request to exhaust the NFT of users’ wallets. Its operation mode is to induce the victim to sign a transaction of “selling NFT in bulk at 0 ETH price”. However, there is always a message in the Blur batch list that is unreadable, As a result, users do not know what they are signing and the message cannot be translated, which will make it easier for hackers to gain access and make it more difficult to identify malicious requests from hackers. Pocket Universe said that it has provided a security solution, that is, to mark transactions that are not from the official Blur website. However, in the first cases, hackers have been found to have stolen 5 ETHs in a signed transaction. Security companies: hackers or…

According to reports, trademark and copyright attorney @ NeerMcD disclosed on social media that Sherwin Williams, the world’s largest paint supplier by market value, has submitted a trademark application related to NFT, which involves downloadable virtual goods, digital assets, and multimedia files, including artwork, text, audio, and video related to paint, paint chips, and related products, and has been verified through NFT or blockchain networks, By holding an NFT, you can grant membership club services based on member access rights. Paint and paint giant Sherwin Williams submits a trademark application involving NFT Analysis based on this information:Sherwin Williams, a global supplier of paints and coatings, has recently submitted a trademark application related to NFTs (non-fungible tokens). This new concept of digital ownership has gained popularity in the art world, with high-profile sales of NFT-based artwork reaching millions of dollars. However, Sherwin Williams’ application expands beyond the art world, including “downloadable virtual goods, digital assets, and multimedia files” related to paint,…

On March 15th, according to official websites and tweets, the Ethereum NFT Layer 2 expansion plan ImmutableX will announce four major updates in the next two months. The official believes that this update is the “largest Token utility upgrade in IMX history, which will permanently change the foundation of IMX.”. It is reported that two of the upgrades will be announced in the early hours of March 21 Beijing time Ethereum NFT Layer 2 Expansion Scheme ImmutableX will announce two major updates on March 21 Analysis based on this information:Ethereum NFT Layer 2 expansion plan ImmutableX is set to announce four major updates in the next two months according to official websites and tweets. The official statement claims that these updates represent the “largest Token utility upgrade in IMX history”, and that they will “permanently change the foundation of IMX.” This is significant news for both the Ethereum and NFT communities as a whole. NFTs have become increasingly popular in…

On March 15th, according to official news, STEPN developer Find Satoshi Lab announced that it would launch the NFT AI Generated Content (AIGC) product GNT, which provides users with a one-stop service to create and cast NFTs on the multi chain NFT market MOOAR without requiring AI related knowledge or the deployment process of smart contracts. STEPN developer Find Satoshi Lab announces the launch of NFT AIGC product GNT and will launch a beta activity Analysis based on this information:The world of Non-Fungible Tokens (NFTs) is rapidly evolving due to the increasing demand for digital art, collectibles, and other commodities that can be owned and traded. As a result, there is a growing need for easy-to-use and efficient platforms that allow users to create and trade their own NFTs without having to go through the technicalities of the process. In response to this need, Find Satoshi Lab, the developer behind STEPN, has announced the launch of its NFT AI Generated…

On March 15th, the NFT data storage platform NFT.Storage announced the launch of the NFT Forever project to demonstrate that Filecoin’s new virtual machine (FVM) can guarantee verifiable storage through smart contracts. NFT Data Storage Platform NFT.Storage Launches NFT Forever Project Analysis based on this information:NFT forever is the latest project launched by the NFT data storage platform, NFT.Storage, on March 15, 2021. The project’s purpose is to demonstrate the role of Filecoin’s new virtual machine (FVM) in guaranteeing verifiable storage through smart contracts. The project comes as an innovative solution to the current challenges facing the NFT ecosystem, whereby inadequate data storage results in loss of value and authenticity of NFT assets. Non-fungible tokens (NFTs) have already taken the world by storm, with their increased usage in various areas such as art, music, gaming, and sports. Nonetheless, NFTs’ evolution is still at an early stage, characterized by several issues, including NFT data storage. The NFTs’ emergence has resulted in…

On March 15th, according to official news, the Archway Hackathon – Release Your Inner Bull event application portal has been opened on the developer incentive platform DoraHacks.io. Hosted by Archway, this event features four tracks: DAO, Infra/Tooling, NFT, and DeFi, with a total funding of 1000000 ARCH. Before April 24th, entries can be submitted through the Dorahacks.io platform. Archway Hacks.io officially opens at DoraHacks.io Analysis based on this information:The Archway Hackathon, an event that is aimed at fostering innovation and creativity among developers, officially opened its application portal on the developer incentive platform DoraHacks.io on March 15th, 2021. The event, which is being hosted by Archway, features four tracks: DAO, Infra/Tooling, NFT, and DeFi, with a total funding of 1000000 ARCH up for grabs. The Archway Hackathon offers developers an opportunity to showcase their skills and insights in the emerging fields of DAO, Infra/Tooling, NFT, and DeFi. The bounty hunt calls for developers, whether they are beginners or experts in…

On March 15th, a spokesperson for the crypto custody bank Anchorage Digital revealed that it is currently considering canceling the utilization asset custody support, including Litecoin, because the company needs to provide services to customers in the current and expected markets in areas of greatest concern. In addition, the spokesman also revealed that Anchorage Digital will reduce its focus on NFT. He said, “Anchorage Digital’s business has low institutional demand for certain types of digital assets (such as NFT), so it will reduce its focus on these digital assets, which means that after the recent release of NFT features, it will reduce investment in institutional level NFT features.” However, according to data from DappRadar, despite the low adoption rate of institutional NFT, However, retail investors’ NFT trading volume remains relatively strong, with a trading volume of over $2 billion in February 2023.   Anchorage Digital: Consider eliminating low utilization digital asset hosting support Analysis based on this information:Anchorage Digital, a…

According to reports, when referring to Amazon’s entry into the NFT market, CEO Tieshun Roquerre of Blur stated that although this initiative is “positive”, its impact may be relatively limited. He said, “Whenever there are new paradigms, old institutions rarely effectively manage them. I would be surprised if Web2 could make something compelling in Web3.”, Shiva Rajaraman, CEO of OpenSea, is optimistic about Amazon’s involvement in blockchain and Web3. Blur CEO comments on Amazon’s entry into the NFT market: old institutions or difficulties in effectively managing new paradigms Analysis based on this information:Amazon’s recent entry into the Non-Fungible Token (NFT) market has brought mixed reactions from industry experts. While some see it as a positive move for the industry, others believe its impact would be limited. CEO Tieshun Roquerre of Blur shared his opinion on the matter, stating how new paradigms could challenge old institutions. Roquerre’s views highlight the challenges that traditional institutions would face due to the ongoing shift…

According to reports, according to The Block Research data, OpenSea, the world’s largest NFT market, has had a trading volume of 12.8 million ETH since its launch in 2017, with a value of over $20 billion. Blur, another NFT market, has handled more than $3 billion in transactions since its launch last October. OpenSea’s trading volume has exceeded $20 billion since its launch, and Blur’s trading volume has exceeded $3 billion Analysis based on this information:The world of NFTs or Non-Fungible Tokens is rapidly expanding, and the recent reports of the trading volume with OpenSea and Blur only emphasizes its increasing popularity. OpenSea, which is the world’s largest NFT market, has accomplished a significant trading volume of 12.8 million ETH since its launch in 2017, which amounts to over $20 billion in value. Meanwhile, Blur, a relatively new NFT market, has managed to handle more than $3 billion in transactions since its launch in October last year. Non-Fungible Tokens or…

On March 14, the NFT market OpenSea announced on social media that its platform had added an NFT preferential protection measure to minimize suspicious activities on its platform. For some transactions that are valid at the time of quotation but are later marked as stolen NFT, OpenSea will check the status of NFT items before accepting the quotation. OpenSea said that this mechanism has been included in the Seaport 1.4 version update. If the NFT status changes (such as being marked as stolen NFT), the transaction will be rejected. OpenSea will check the NFT project status before accepting the quotation Analysis based on this information:OpenSea, one of the leading NFT marketplaces, has announced on social media that it has added a preferential protection measure to minimize suspicious activities on its platform. The platform aims to provide a secure marketplace where buyers and sellers can trade NFTs without any third-party interference. The new mechanism added will ensure that some transactions that…

It is reported that NFT artist Beeple opened Beeple Studios in Charleston, South Carolina, which is a 50000 square foot digital art space to display his art and establish a creator community. （CoinDesk） NFT artist Beeple opens digital art gallery in Charleston Analysis based on this information:The world of non-fungible tokens (NFTs) is expanding rapidly as more artists and collectors embrace this new type of digital asset. Among the notable figures in the NFT art world is Beeple, a digital artist who gained widespread recognition for his $69 million sale at Christie’s auction house. Despite this success, Beeple remains committed to expanding the NFT art space and cultivating a community of creators and fans. According to recent reports, Beeple has taken a significant step towards this goal by opening Beeple Studios in Charleston, South Carolina. This digital art space spans a whopping 50,000 square feet and is designed to showcase Beeple’s art and provide a hub for other digital creators….

According to reports, Stephane Kasriel, head of business and financial technology at Meta, said that Meta was giving up its pursuit of NFT. Kasriel wrote in his Twitter post, “We are gradually reducing the number of digital collections (NFT) to focus on other ways to support creators, people and enterprises.” Meta previously said that NFT can help expand the creator economy. Meta is abandoning its pursuit of NFT Analysis based on this information:Meta, formerly known as Facebook, has announced that it will be abandoning its pursuit of Non-Fungible Tokens (NFTs) to focus on different ways of supporting creators and enterprises. The decision comes after the company had previously deemed NFTs as a solution to help expand the creator economy. The news has taken many by surprise, as NFTs had been generating significant hype in the recent past, especially among investors and collectors. Stephane Kasriel, Head of Business and Financial Technology at Meta, made the announcement on his Twitter account. He…

According to reports, according to Blur’s function announcement on social media, the NFT platform now supports browsing and purchasing NFT on mobile phones, and will soon launch more other mobile functions. Blur online mobile NFT purchase function Analysis based on this information:Blur, the NFT platform, has made a significant announcement on social media that it now supports browsing and purchasing of NFTs on mobile phones. This move is aimed at making it easier for users to access the platform and purchase NFTs on the go. The new development is a response to the increasing popularity of mobile devices, with many people preferring to perform transactions using their mobile phones. The introduction of mobile support means that users can now browse a vast collection of NFTs, buy them, and even transfer them to their wallets using mobile devices. This development is conveniently timed as it coincides with the recent surge in the popularity of NFTs. Moreover, it also creates more flexibility…

On March 14, Coin98 Labs launched the multi-chain NFT market Dagora, aiming to expand the Coin98 ecosystem. The platform provides NFT transactions, Launchpad, free NFT hot drops and other functions. Coin98 Labs launched the multi-chain NFT market Dagora, providing Launchpad, coinage and other functions Analysis based on this information:Coin98 Labs, a leading blockchain-focused company, has recently announced the launch of its multi-chain NFT market, Dagora. The new platform aims to provide an advanced NFT ecosystem that expands beyond the traditional boundaries of the crypto world. Dagora’s main objective is to enable users to transact with NFTs in a secure, fast, and efficient manner. The platform boasts several key features that make it stand out in the market. Firstly, it is a multi-chain platform, meaning users can trade NFTs across several blockchains. This is a major advantage because it provides users more flexibility and choices. Dagora currently supports Ethereum, Binance Smart Chain, and Huobi Eco Chain. Another unique feature of Dagora…

According to the report, the State Administration of Market Supervision issued the document “Ten Characteristics of Consumer Complaints and Reports in 2022”, in which the sixth characteristic of “new consumption hotspots are emerging constantly, accompanied by rising consumer disputes” mentioned that in 2022, the problems of new models such as digital collections (NFT) are on the rise, the regulatory difficulty is increasing, and the relevant appeals are 59700 (only 198 in the previous year), mainly focusing on non-delivery, non-refund, malicious price increases Collect high service charges, arbitrarily block consumer accounts, etc. Under the “blind box” craze, consumer demands reached 41400, up 61.72% year on year. IP cross-border co-branded products set off a rush to buy, with 38100 related appeals, an increase of 66.96% year on year. Some businesses took the opportunity to raise prices, but the problems of uneven product quality, fake and inferior products, delayed delivery, and lack of after-sales service were prominent. The State Administration of Market Supervision:…

On March 14, it was reported that the NFT series of Bitcoin, TwelveFold # 205, owned by YugaLabs, was repeatedly “engraved”. The insertion446221 and insertion444385 are both Twelvefold 205/300. The two are currently stored in the same Bitcoin address (bc1pshdmgmkt6pgw56mz94h5y2at4ryuug0ehpz8vg3lnf90xxkr356sjcazc7). The insertion444385 timestamp is 2023-03-1312:42:57, and the insertion446221 timestamp is 2023-03-1316:45:52. According to the official documents of the Ordinals agreement, the creator or owner of the Inscription cannot modify the Inscription after it is created. At present, Yuga Labs has not responded to this matter. TwelveFold # 205 under Yuga has been repeated" Inscription" Analysis based on this information:On March 14, it was reported that the NFT (non-fungible token) series of Bitcoin, TwelveFold # 205, owned by YugaLabs, was repeatedly “engraved”. The repeated “engraving” of the insertion446221 and insertion444385, both Twelvefold 205/300, is causing concern. Currently, the two are stored in the same Bitcoin address, bc1pshdmgmkt6pgw56mz94h5y2at4ryuug0ehpz8vg3lnf90xxkr356sjcazc7. The insertion444385 timestamp is 2023-03-1312:42:57, and the insertion446221 timestamp is 2023-03-1316:45:52. The Ordinal agreement’s…

It is reported that the Web3 game platform Moxy has announced that it has completed more than US $10 million of financing, with the participation of investors such as Shima Capital, Polygon, MetaTope and GSR. Moxy’s Web3 game platform based on the FLOW blockchain-driven helps players including E-sports players and other players participate in the game and gain incentives in a decentralized, safe and stable way. At the same time, it also allows game developers to seamlessly create NFT based on game assets to promote the popularity of E-sports. In addition, Moxy also uses a unified digital wallet to participate in the game ecosystem so that players can store cryptocurrency and NFT. It is reported that Nolan Bushnell (founder of Atari) Lawrence Siegel (President of Sega Europe) and Tony Bickley (Director of Sega Europe) have joined the Moxy team. Web3 game platform Moxy completed financing of more than US $10 million Analysis based on this information:Moxy, a Web3 game platform…

According to reports, according to NFTgators’ disclosure on social media, DraftKings is facing litigation for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFT. Draftkins, a digital sports entertainment and game company, has launched the Primetime NFT series “2022 College Hoops Collection”. The NFT series will be launched during the college basketball national championship in March. The company has also reached a cooperation with the NFT company Metabilia to launch some NFTs based on the youngest players of the Major League Baseball (MLB). DraftKings faces litigation for allegedly selling unregistered securities and operating unregistered stock exchanges in the form of NFT Analysis based on this information:DraftKings, a well-known digital sports entertainment and game company, has faced legal issues related to their non-fungible token (NFT) ventures. According to reports, NFTgators has disclosed on social media that DraftKings is facing litigation for allegedly selling unregistered securities and operating unregistered exchanges in the form of NFTs. Despite these…

It is reported that the NFT project Cool Cats confirmed on social media that it was not affected by the Bank of Silicon Valley. In addition, the project also disclosed that Journey 3 has been officially launched. The way users earn points includes completing crossword puzzles, circling overlapping letters, finding hidden messages and submitting answers. In addition, according to NFTGo data, the current floor price of Cool Cats is 1.81 ETH, down 2.43% in the past 24 hours, and the total transaction volume up to now has reached 392 million dollars. Cool Cats: Without any influence from Silicon Valley Bank, Journey 3 was officially launched Analysis based on this information:The NFT (Non-Fungible Token) project Cool Cats has confirmed that its platform remains unaffected by the Bank of Silicon Valley closure. The Bank of Silicon Valley ordered a cease in operations and liquidation last week, which alarmed some NFT investors who thought that it may have affected their assets. This statement…

According to the official news, the Ambitrum project DeshGame will open the Mint function of the Genesis blind box at 21:00 on March 12. The users of the Genesi

On March 11, PROOF, the parent company of Moonbirds, the NFT project, issued a statement about Silicon Valley Bank. PROOF confirmed that it held cash in Silicon

According to reports, Luca Netz, founder of the NFT project \”Fat Penguin\” Pudgy Penguins, said on social media that the collapse of the Silicon Valley bank had