Announcement / 95 posts found
Gucci Goes Ape: The Luxury Brand Accepts ApeCoin in the Selected US Boutiques
On Tuesday, August 2nd, the luxury fashion retailer Gucci announced it would accept the Bored Ape Yacht Club-affiliated ApeCoin in the selected US-based stores. The new initiative aims to offer Ape holders a totally beneficial opportunity to claim their status IRL, by offering exclusive BAYC-inspired garments for sale. To bring the idea to life, Gucci has joint efforts with the provider of crypto payments BitPay. By taking over $APE, Gucci becomes the pioneering luxury brand to accept this cryptocurrency as payment, alongside Bitcoin, Ethereum, and others. It’s worth noting that 70% of US-based Gucci’s boutiques are accepting over 10 cryptocurrencies […]
Magic Eden Goes Multi-Chain with the Ethereum NFT Expansion
The initially Solana-centered NFT platform Magic Eden is getting over Ethereum NFTs. Launched back in September 2021, with over $2 billion trade volume so far, Magic Eden is entering a new era, risking to overperform the industry leaders. Ethereum expansion will allow cross-chain adoption, which puts the marketplace in one row with multi-currency platforms like OpenSea, Binance NFT, and others. Among the features coming with the multi-chain update, there are: Magic Eden List (a whitelist and audience targeting tool) Magic Eden Launchpad (now with ETH/SOL compatibility) Magic Eden Drop Calendar All the above-stated features will be provided during August, bringing […]
WarQube, ShootGun, and Lift & Shoot Top-Tier Gaming Projects are About to Adopt NFT Skins
Against the overwhelming NFT craze, regardless of the current bear trend, major web2 gaming brands are gradually transferring their powers to web3. The GamiFi industry is skyrocketing, and the most recent triple collaboration between WarQube, ShootGun, and Lift & Shoot is the best proof of that. Blockchain technology brings gaming to a totally new level, allowing seamless in-game trading of weapons, wearables, mods, and skins. Thus, play-to-earn game WarQube collaborates with P2E mobile devs iDos Games, and the Big Forge Games GamiFi platform to adopt NFT skins, celebrating a new era of usability. The new endeavor concerns the“Play and Own” […]
OneOf NFT Platform has raised over $8 million in a strategic funding round
Despite the fact that the crypto and NFT market is taking a downturn and is quite shaky now, the NFT platforms and web3 companies continue moving further in their development. The illustrative example and tangible proof of this is an impressive step from OneOf. The green Web3 company and NFT platform OneOf which is engaged in connecting fans and collectors to their favorite artists, athletes, and brands, has recently announced the attraction of $8.4 million in a strategic funding round. The Miami-based company has a strong intention to continue accelerating the growth and development of its NFT marketplace. Amex Ventures, […]
Magic Eden and Genopets Release the First-Ever SFT Platform with Like-for-Like Trading Mechanics
The leading Solana-powered NFT platform Magic Eden is rolling out a new concept of a semi-fungible token (SFT) marketplace in collaboration with Genopets, the move-to-earn NFT game. A semi-fungible token allows Genopets gamers to trade like-for-like in-game assets in batches, while NFT offers trading one-of-one items, which leads to multiple unnecessary transactions (and fees) in an attempt to trade several in-game pieces at once. The partnership will become beneficial for the Genopets crafting economy, allowing users to process Crystals and Terraform Seeds via the Magic Eden marketplace in the form of SFTs. “Crystals are base layer materials used for crafting […]
Meta History Raises Over $1M for Ukraine and Launches the New NFT Warline Collection
Launched back in March, one month after the outbreak of the full-scale war in Ukraine, the Meta History’s NFT war museum managed to raise $1,290,398 (803.28 ETH) so far. All the funds raised are being transferred to the Aid For Ukraine crypto fund, which was established by the Ukrainian Ministry of Digital Transformation in partnership with national web3 companies and funds. “Ukraine’s First NFT Museum ⎯ META HISTORY ⎯ has raised over $1,000,000 for the Armed Forces of Ukraine. The project team sent all proceeds to Aid For Ukraine, a crypto fund dedicated to the military. The NFT will not […]
Tesla Sold 75% of Its Bitcoin for Less than a Billion
It was just in February 2021 when Elon Musk’s Tesla made waves in the crypto community by announcing a hefty, ~$2-billion Bitcoin investment. At those times, the most valuable cryptocurrency soared to a whopping $70K. Currently, the electric car manufacturer once again shook the crypto society by making a statement it had offloaded 75% of its Bitcoin holdings. The news arrived as part of Tesla’s Q2 earnings report, stating the company got rid of most of its Bitcoin, which had lost over 50% of evaluation since last year and was traded at about $24K at the moment of sale. Tesla […]