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Showing posts from February, 2022

Japanese Online Retail Giant Rakuten Launches NFT Marketplace

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 Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling NFT content is planned to launch in 2023. Rakuten Launches Non-Fungible Token Marketplace During the last few years, the Japanese online retail giant Rakuten has been dipping its feet into the world of cryptocurrencies and blockchain solutions. In the summer of 2019, Rakuten launched a cryptocurrency exchange and in the spring of 2021, Rakuten allowed customers to load crypto into Rakuten Pay accounts. Now the company is getting into the NFT game, as Rakuten announced the launch of a new platform called Rakuten NFT. “Rakuten NFT is a service that provides a marketplace for users to purchase NFTs, as well as peer-to-peer buying and selling of NFTs, in a range of areas such as sports and ent...

India’s first fully curated NFT marketplace developed by Jupiter Meta to go live today

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  Jupiter Meta is launching India’s first fully curated NFT marketplace and taking it live on February 23 The digital marketplace will focus on music, film and gaming, creating singular experiences for users to maximize their time in the metaverse   Just when NFTs are taking the digital art and collectibles world by storm, Jupiter Meta is launching India’s first fully curated NFT marketplace and taking it live on February 23. The digital marketplace will focus on music, film and gaming, creating singular experiences for users to maximize their time in the metaverse. NFTs are non-fungible tokens that are unique and cannot be replaced. These digital assets represent both digital as well as real-world objects including music, drawings, art and videos. NFTs are bought and sold online, often using cryptocurrencies. Jupiter Meta, cofounded by Sathyan Rajan and Chakradhar Reddy Kommera, has plans to expand in the growing Web 3.0 space as the startup looks to bring users “a more invol...

Is It Possible To Create An NFT Marketplace Like OpenSea ?

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  Yes, It is possible to create an NFT Marketplace like OpenSea. You must connect with the NFT Development Company . Because They are providing a one stop solution to launch your own NFT Marketplace like OpenSea using OpenSea Clone Script. What is OpenSea Clone Script? OpenSea Clone is a 100% replica of a largest NFT Marketplace Like OpenSea. It helps you to Launch a P2P NFT Marketplace Like OpenSea on the decentralized blockchain Network. How to create an NFT Marketplace Like OpenSea Choose The Blockchain Identify The Target Audience Create Unique UI For NFT Marketplace Purchase Custom Domains Generate Token for Your Own Marketplace Develop Smart Contracts for Your Marketplace Testing and Analyze Before Release Ready To Launch Your Own Marketplace OpenSea Supported Three Different Blockchain Ethereum Polygon Klaytn OpenSea Clone Use Cases Art Music Photography Games Sports Metaverse Advantages of Creating an NFT Marketplace Like OpenSea High ROI Brand Identity Liquidity at Launch ...

Business Benefits of Creating NFT Exchange Platform

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 NFT Exchange All of you know that NFTs are Booming Now!!! Non-Fungible Token is Shortly Denoted as NFT. NFT is evolving in Various industries such as  Art,Music,Gaming,Real Estate etc. Artists and players showcase their talents using NFT Platform to reach globally. Here Exchange Plays the Major Role in NFT Platforms. Users can exchange Their assets,collectibles and tokens with multiple users and get profit. Here let us look about How NFT Exchange is profitable for Business? NFT Exchange Development As a Leading NFT Development Company We provide NFT Exchange Development Services That allows you to start your own NFT Exchange on different blockchain such as Ethereum and Binance Smart Chain etc.Our aim is to help cryptopreneurs who are seeking to create a huge impact on the NFT Trading and Exchange Industry. Our NFT Experts have keen knowledge and smart exposure in creating the best NFT Exchange and Cryptocurrency Exchanges. How To Create an Your Own NFT Exchange Software Plat...

IGO Launchpad Development Company

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 What is Initial Game Offering (IGO)? Initial Game Offering Launchpads are the most popular trend in the crypto industry.It is similar to Initial Coin Offering (ICO).Initial Game Offering is popular among crypto investors, it allows users to purchase blockchain games and NFTs at its early stage. Investors can put their investments into the gaming projects offered by IGO Launchpads and can expect ROI once that Gaming project is launched on Major Exchanges or can gain profits  based on popularity in the gaming community. With the craze of blockchain gaming, IGOs are becoming the next big thing in the crypto industry. Crypto Games like Axie Infinity (AXS), CryptoBlades (SKILL) and Alien Worlds (TLM) have thousands of active users day by day.  The Current Market Cap of Axie Infinity is 2.986B. The Things You Should Consider On the Before IGO Holder Benefits of the Native Token IGO Launchpad Providing Guaranteed Allocation Evaluate ROI of the Active IGO Launchpad’s Holder Valu...

OpenSea launches new contract-clearing system to protect against recent bug

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 On Thursday evening, blockchain platform OpenSea launched a new system that will help users clear out unclaimed sale offers, set to roll out over the next two weeks. In an announcement post, CEO Devin Finzer described the changes as made to “ensure old, inactive listings expire.” The move comes after a bug that allowed attackers to exploit old contracts to buy tokens for hundreds of thousands of dollars below market price. In one particularly attention-getting case in January, a Bored Ape Yacht Club token was purchased for less than $2,000 and resold immediately for over $192,000. The bug was a result of how OpenSea’s platform interacts with the Ethereum blockchain, often saving gas fees by listing offers locally rather than coding them into the broader chain. An oversight in that system allowed old contracts to sometimes linger on the blockchain without appearing in the OpenSea interface. By making offers against those contracts, which were often years old, attackers could take a...

GameStop is launching its own NFT Marketplace

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  GameStop plans to launch its own marketplace for non-fungible tokens (or NFTs) and is co-creating an “up to $100 million” fund for game developers who use it. The marketplace will mark GameStop’s expansion from a popular meme stock to a company that dabbles in cryptocurrency and Web3 tech — although it may also provoke the wrath of gamers who are stridently opposed to NFTs. The new GameStop NFT marketplace is supposed to launch later this year. It’s built on Immutable X, a platform based on the popular Ethereum cryptocurrency blockchain. Designed by Immutable, the company behind the NFT trading card game Gods Unchained, Immutable X is intended to mitigate the biggest drawbacks of Ethereum: its massive energy consumption and the high associated “gas fees,” which can add exorbitant processing costs to any transaction. The protocol combines hundreds of thousands of sale records into a single transaction that’s written to the Ethereum blockchain; Immutable promises to make up for the...

McDonald’s Job Applications Sold as NFTs on OpenSea Following the Crypto Sell-off

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  The Crypto Meme Culture While there are thousands of memes flying around to comfort crypto holders, some of the top-notch memes are those that subtly devalue the efforts of service employees working nine to five jobs in companies like McDonald’s. Anyone interested in crypto for a while and active on Crypto Twitter or any other crypto community must have come across these McDonald’s memes. Most of the memes featuring the American fast-food chain usually suggest that crypto traders will have to work or look for jobs at McDonald’s if prices continue to crash in order to survive the bearish market. Interestingly, one particular meme about McDonald’s sharing job applications with crypto traders that trended during the market crash in June last year has become an NFT: McDonald’s Job Application Becomes NFT Collection It’s exactly seven months since that meme circulated through the crypto space, and the market is bleeding again. This time, bitcoin is trading at half its all-time high pr...