Yat Siu outlines the evolution of Web3 and the open metaverse since 2023, examining digital ownership, economic opportunities and the growth of DAOs, cryptocurrencies and NFTs.
Indian Railways is set to launch NFT-based train tickets for passengers attending the MahaKumbh Mela, a major pilgrimage held once every 144 years. This innovative move aims to bring digital advancements to one of the world’s largest religious gatherings. The NFT tickets will serve as a unique, verifiable entry pass, ensuring smoother travel and greater …
Eden Gallery argued that a group of NFT owners “may have buyers’ remorse, but their losses, if any, are due to market forces.”
The lead of Reddit’s avatar NFT offering has left, sparking concerns from the platform’s users over whether the social giant will swing the axe at the program.
South Korea’s Jeju Island, a self-governing tourist hotspot, will reportedly trial NFT tourist cards in a bid to attract the country’s younger generation.
December was the fifth-strongest month for NFTs in 2024, with sales volumes reaching $877 million.
The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. Related Reading: ONDO Faces 30% Correction Risk If It Loses $1.46 Support – Top Analyst New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT) project launched its official token, PENGU, on the Solana Blockchain. The token has moved through the ranks, flipping other Solana-based tokens and gathering massive attention in nine days. Pudgy Penguins, one of the largest NFT collections, consists of 8,888 unique cartoons of cute penguins and has a market capitalization of 205,757 ETH. In anticipation of the token launch, the project surged as the second-largest NFT collection, only falling behind CryptoPunks. Since its launch three years ago, the project has seen its community significantly grow and “cemented itself in the hearts and minds of everyday people and culture,” according to the project’s team. Additionally, it is expected to contribute to the project’s governance despite not having a specific use case announced yet. As such, the newly launched cryptocurrency aims to “expand its community and further widen the reach” of the project by allowing old and new users “to align” themselves with the penguins. According to CoinGecko data, the Solana-based memecoin debuted with a 500% surge to a market capitalization of $3.5 billion but registered massive volatility in the following days. Just hours after launching, PENGU’s price retraced over 50% before descending to a $1.4 billion market cap on December 20. The token hovered between the $0.025-$0.037 range over a few days, stabilizing around the range’s upper zone on Christmas Eve. Whales Fill Their Bags As PENGU Flips BONK Amid the market’s momentary Christmas Day gains, the token broke above this range and climbed to the $0.042 mark on Thursday morning, hitting a $2.6 billion market cap. During this 18% rally, the token flipped dogwifhat (WIF) and BONK to become the largest Solana memecoin by market cap, currently holding its position as the sector’s leader. PENGU became the fourth largest memecoin by this metric, just behind Dogecoin, Shiba Inu, and PEPE. Additionally, in the last 24 hours, the token has seen a 25% increase in market activity, with a daily trading volume of $1.92 billion. According to on-chain data analysis firm Lookonchain, Crypto whales have also noticed PENGU’s rally, with several large-scale investors filling their bags over the past week. Related Reading: Analyst Forecast ‘Highly Bullish’ 2025 For Ethereum: Is The Bleeding Over? On December 24, a whale that had received an airdrop of 116.7 million PENGU, worth $3.52 million, increased its holding with a $1 million purchase. According to the post, the wallet spent 5,250 SOL to buy an additional 34.42 million PENGU, holding a total of 151.12 million PENGU, valued at $5.08 million. Similarly, another whale exchanged 500,000 ai16z, another trending Solana-based memecoin, today for PENGU. In the past eight days, this investor has spent $2.47 million to buy 79.9 million PENGU, having unrealized profits of around $835,000. As of this writing, PENGU is trading at $0.038, a 4.8% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Two 23-year-olds, Gabriel Hay and Gavin Mayo, allegedly abandoned projects after providing misleading information on project roadmaps.
NFT projects encountered numerous setbacks in 2024, but many remain hopeful that the asset class will stage a comeback.
In the last 24 hours, the Doodles NFT collection has recorded a massive price surge of 62.5%. The Doodles price now stands at 6.97 ETH. It was a recent post by the Doodles founder, Scott Martin, widely known as Burnt Toast, that sparked excitement in the market. Let’s see what’s so special about the post. …
The comic penguin collection has become the world’s second most-valued set of NFTs, crossing the $100,000 mark for the first time.
The French gaming company developed the title in partnership with the Arbitrum Foundation.
The crypto market took a major hit, losing $267 billion and dropping below $3.49 trillion in value. Bitcoin also fell hard, slipping to $96,751 after failing to stay above $100,000. If the slump continues, it could drop further to around $95,668, with the entire market at risk of falling closer to $3.10 trillion. While the …
Until last week, the NFT community had been in a state of confusion due to the inability of the sector to match the performance of the crypto, which has shown massive growth since November 5 – the US presidential election. At first, the relief for the community came in the form of a post by …
Pudgy Penguins is among the most popular NFT collections, and its comic penguins have a big presence on X, YouTube and Instagram.
Unyted we (meta) stand Many of the fancy metaverse projects take loooong to build and often require developers and budgets just to stay alive. In fact, one of my favorite ones had the whole company collapse around it in the build phase. I absolutely love what we’ve built with Superworld, for example, and what we’re about to release with Asvoria. Both of these require heavy machinery and rotation to come to life—and to be maintained. Enter Unyted and my newest spatial Web3 space, which allows me to deliver fluent, up-to-date presentations on what’s happening now while also providing an overview of my entire career. I built it mostly by myself, with some guidance and glitch-fixing help from the team—special thanks to Tijana, Saskia, and Florian. I can update it in minutes to include a new project, presentation, or missing link. It’s freeing and necessary. Unyted is at the forefront of spatial computing, offering innovative solutions that empower users to create, own, and monetize immersive 3D virtual environments. Their platform is designed to facilitate seamless transitions into the metaverse, providing tools for education, collaboration, and personalized digital experiences. Link to join the metaverse Link to join the X spaces. Join us for a session with Ador, Bitcoin LIVE and others tomorrow 20.00 CET Starting Thursday, we’ll kick things off with a joint presentation with Ador, and from there, we’ll host regular spaces that people can join visually. X is great for connecting with people, but for an artist, a lot is still missing from the full experience. Let’s see if we can bring these two innovations together in a sensible way. Watch the Tijana introduction to Unyted as well as my keynote held some time ago regarding web3, metaverse and creativity. Delivering the Metaverse They’re just starting out, and sure, sure there are a few glitches, but I’ve already given a couple of presentations that feel like a real departure from the world of Zoom. Nothing is ever perfect and getting going and constantly working on it is what keeps the thing alive. It’s a step closer to delivering something of real value in the metaverse. People showed up to my first keynote in the space done together, they asked questions and then some were left to wonder around the space to explore it on their own. Promises kept. Those matter, after the last run. I’ve been friends with Florian Krueger since the early blockchain days in London back in 2018, and we’ve collaborated on several projects. He remains one of my favorite people in the crypto space—always looking out for his people and tirelessly fighting for the ethical side of it. I was happy to hear he was starting a new venture and that I could also be a part of. If you prefer the (virtual) city life? Key Features of Unyted: Modular Environments: Unyted enables users to design and customize digital spaces, such as virtual homes, offices, or campuses, reflecting their unique vision. These environments can be monetized, allowing creators to generate revenue through their virtual properties. EdTech Solutions: The platform offers immersive educational experiences with features like AI-driven personalized learning paths, customizable avatars, and virtual classrooms. These tools aim to enhance student engagement and retention, providing scalable and cost-effective solutions for educational institutions. Data Protection and Security: Operating under EU regulations and compliant with GDPR, Unyted ensures top-tier data protection. Users maintain complete control over their personal and institutional data, upholding responsible practices in the metaverse. Sustainability Commitment: Unyted is dedicated to sustainability, calculating energy consumption and offsetting carbon emissions for each project. Through Unyted.World, users can stake tokens specifically for carbon offsetting, promoting environmental responsibility within the digital landscape. In many ways what is important about the metaverse is our ability to pre-visualise the world we would like to live in, and then walk toward that direction. Founded in 2022 by Gaby K. Slezák and Florian Krueger, Unyted envisions a decentralized, independent metaverse where users have equal access to a secure three-dimensional internet. Their mission is to empower individuals to shape their digital futures, fostering a community where creativity and collaboration thrive. For those seeking to explore the metaverse, Unyted offers consulting services to guide organizations through VR, AR, blockchain, Web3, and Web4 technologies. Their seasoned team provides strategy insights and design expertise to craft unique digital experiences aligned with organizational visions. Unyted stands as a visionary force in the evolving digital landscape, pioneering innovation while prioritizing user ownership, open collaboration, data protection, and sustainability. Ador aka BitSavage will join us for the Monday talk in which we also dwell deeper into DAF – the Department of Artistic Freedom Asvoria coming up soon! I’ll soon travel to Bulgaria to film some content in the Asvoria linked Hotel Satoshi Nakamoto, as well as guide the team on advances in our shiny updated metaverse space. The art cars are also gearing up for their auction in Dubai in January, but more on that later. See you Dec 5th 20.00 CET: Link to join the metaverse Link to join the X spaces. Much to build, VESA Crypto Artist, Speaker, Consultant, Writer All links to physical, NFTs, and more below http://linktr.ee/ArtByVesa
The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.
Fan tokens change the game for sports engagement and outperform NFTs.
NFTs had a monthly sales volume of over $562 million in November, surpassing October’s record of $356 million.
Starting Nov. 27, Kraken's NFT marketplace will transition to withdrawal-only mode.
For quite a long time, NFT space remained under shadows as the newly created space has dominated the crypto markets. Moreover, the rising interest of the market participants in memecoins had prevented the other segments of the crypto space to thrive. However, a strong bull run appears to have begun, which may shake up every …
The integration of blockchain technology and sports gaming continues as an international football federation partnered with a well-known crypto-based gaming studio to create a new football game for mobile users. Related Reading: $100K Bitcoin Is Only The Beginning, VanEck Targets $180K Football enthusiasts eagerly await the blockchain-powered free soccer game set to release next year. […]
November has already surpassed October’s total volume, continuing strong market momentum for NFTs.
The founder of a notable cryptocurrency platform surprised everyone after making an unexpected purchase of a bizarre piece of “art.” Related Reading: Bitcoin For Balance Sheets: Video Company’s Bold Move Sends Stock Soaring Crypto entrepreneur Justin Sun is now in possession of the controversial banana duct-taped to a wall artwork which some analysts suggest might […]
NBA Hall of Famer Shaquille O’Neal has given his nod to an $11 million settlement over the failed Astrals NFT project. Related Reading: Social Media Breach Hits Giggle Academy, Binance Founder Reacts O’Neal and his Astral NFTs co-creators were the respondents in a class suit filed last May 23, 2024. The plaintiffs argued that the […]
A BBC probe uncovered alleged links between Logan Paul and undisclosed cryptocurrency wallet trades, sparking new controversy.
Doodles was a hit on OpenSeas and is making its way as a media franchise with product partnership and a new film.
The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.”
NFTs have started to recover as monthly sales volumes surged by 18% and total transactions shot up to 7.2 million.
In an interesting development, the creator of the fraud NFT collection “Mutant Ape Planet” Aurelien Michel is set to avoid a prison sentence following a recent court ruling. However, the defendant has been ordered to forgo over $1 million as punishment for conducting a rug pull. Related Reading: NFT Market Down 92%, Analyst Thinks This […]