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French crypto hardware wallet maker Ledger is partnering with Ethereum-powered play-to-earn (P2E) game The Sandbox to pr...
04/11/2022

French crypto hardware wallet maker Ledger is partnering with Ethereum-powered play-to-earn (P2E) game The Sandbox to promote crypto education in the burgeoning metaverse. According to a report by Cointelegraph, Ian Rogers, Ledger’s chief experience officer, first announced the partnership at the Non-Fungible Conference last Monday (April 4). Rogers said the partnership aimed to bring greater

On Friday, NFT Investments PLC, a U.K.-based blockchain firm that invests in companies operating in the nonfungible toke...
04/10/2022

On Friday, NFT Investments PLC, a U.K.-based blockchain firm that invests in companies operating in the nonfungible tokens, or NFTs, space, announced that it would no longer pursue a 96 million pound acquisition of Pluto Digital. Although it did not directly state its reasons for canceling the deal, NFT Investments wrote:

Back in January, NFT Investments signed a non-binding letter of intent to acquire Pluto Digital, which builds infrastructure in the decentralized finance, or DeFi, realm, via the new issuance of NFT shares. From last November to March of this year, the blockchain industry witnessed a month-long bear market, sending the total market cap of digital tokens over 40% below their all-time highs.

Since the past seven months, NFT sales have decreased by 53%.Analysis notes this downturn due to the high value of crypt...
04/04/2022

Since the past seven months, NFT sales have decreased by 53%.
Analysis notes this downturn due to the high value of cryptocurrency.
However, in January, there was a huge NFT sales volume.
NFT sales have been flowing through ups and downs. As analysis says, many NFT surges happened, yet it also dipped to uncertainty. Recent reports claim that there is some decline in NFT with respect to the last seven months.

According to recent data provided by Watcher Guru, NFT sales volume has plunged to 53% in the past seven months.

JUST IN: Global NFT sales volume has fallen by 53% in the past 7 months.
— Watcher.Guru () April 4, 2022

To note, last month, NFT sales also went down below $2.2 billion, as reported by CryptoSlam— an NFT data aggregator. However, the similar ‘downward’ situation happened in July 2021, where sales were at $1.2 billion.

Although the crypto market is now gradually accelerating, NFT sales have significantly decelerated, but there could be a progressive jump in future. That said, one of the core reasons for NFT decline is due to the high value surge of cryptocurrencies.

Yehuda Petscher of CryptoSlam finds that there is an inverse relation between crypto and NFT marketplace. He opined that this happens, as NFTs are denominated in crypto, and investors mostly buy NFTs when the crypto value is down.

Biion Footwear steps into the metaverse by working with Doodles NFT.This paves the way for people to purchase 222 pairs ...
04/04/2022

Biion Footwear steps into the metaverse by working with Doodles NFT.
This paves the way for people to purchase 222 pairs of NFT Paradise sneakers.
Doodles has a unique collection of 10,000 NFTs with creative traits.
Biion Footwear, an ethical shoe company, has announced that it will join the metaverse bandwagon through a collaboration with Doodles NFT Art. Through this partnership, Biion will launch two limited-edition shoes.

Biion Footwear Is Entering the Metaverse With Limited-Edition Doodles NFT Shoes https://t.co/dL29fz7omH
— base layer () April 4, 2022

This will allow users to purchase 222 pairs of digital Biion x NFT Doodles Paradise sneakers, which work on the Polyon Blockchain. Furthermore, people can get a physical pair of shoes, if they purchase the NFT digital art token.

In detail, once the 222 NFT pairs are sold out, Biion will bring 2,400 real-life pairs of the Biion x NFT Doodles Classic Paradise trainer. These are physically produced to sell to the general public; this sale will take place on April 18.

To note, the NFT Doodle collection will be unveiled on April 8 on the Biion Footwear website — https://shop-usa.biionfootwear.com/. Fans around the world can buy the NFT collection using crypto or credit cards.

Launched in 2014, Biion Shoes became a prominent name in the golf industry. The company also produces a wide collection of shoes used for boating and travel. They also have a line of footwear for medical professionals.

Meanwhile, Doodles includes a collection of 10,000 NFTs that display several exciting visual traits. These are designed by Burnt Toast. An individual can own a doodle and vote on community-driven features, products, and features. Also, the Doodles have hand-drawn works and dozens of rare heads, colorways, and costumes.

Death Row Records’ owner Snoop Dogg released his first Web 3.0 music video called “House I Built,” produced in one of th...
04/04/2022

Death Row Records’ owner Snoop Dogg released his first Web 3.0 music video called “House I Built,” produced in one of the most popular virtual worlds to date – The Sandbox metaverse. The video was released last Friday.

The video is set in a Snoop-themed digital world – the ‘Snoopverse,’ which he is currently developing. The lyrics are a detailed devotion to the world of Web 3.0 technology, as the rapper is one of the biggest crypto advocates for the nascent technology the music industry, and the owner of numerous NFTs.

“The 'House I Built' track draws a parallel between how I’ve constructed my life and career and how I’m building out my ‘Snoopverse’ virtual world in The Sandbox. Whether in the Metaverse or the universe, it’s about keeping it real, being yourself, and making the most of every opportunity,” Snoop Dogg said in a statement.

The American rapper begins the track with a phone call to a man named “Nick”. Snoop Dogg asks him how much his The Sandbox token is worth, to which Nick responds, “$4.8 million”, and later states that the token was at first for sale at $300,000, which represents an increase of 1600% in the music star’s token.

In the ‘Snoopverse,’ users will be able to explore a virtual version of Snoop Dogg’s mansion and participate in virtual concerts. Snoop Dogg plans to hold his debut metaverse concert by the end of the year.

"We will be putting out artists through the metaverse. Just like we broke the industry when we were the first independent [record label] to be major, I want to be the first major in the metaverse,” he claimed in February

Pre-sale for access to the ‘Snoopverse’ has already begun, with tickets starting at $2,000 (depending on cryptocurrency rates).

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