Gujarat Titans, an IPL team, and Rario collaborate to offer their unique digital collectibles

Gujarat Titans, an IPL team, and Rario collaborate to offer their unique digital collectibles

In a major effort for sports enthusiasts, Rario has partnered with the Indian Premier League (IPL) franchise Gujarat Titans to Introduce their exclusive NFTs. The collaboration is set to transform the way fans engage with their favorite sports teams and players. Rario is a blockchain-based NFT platform that helps users to buy NFT of their favorite cricket stars and moments. …

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Legal Consequences for Breach of Contract

American Rapper Tyga has Come to his Defense against the Allegations made by Kreation Technologies

Recently, the NFT platform Kreation Technologies has filed a lawsuit against the famous rapper Tyga and Newstyle Media for breaching a $500,000 agreement that shocked the American music industry. The contract allegedly required the rapper to promote four NFT projects from the Web3 brand on different social media platforms including Reddit, Facebook, Twitter space, etc. But unfortunately, he has failed …

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Meta Announced to Pullback NFT Integration

Meta Announced to Pullback NFT Integration

In a shocking turn of events, Meta, the parent company of social media giants Facebook and Instagram, has unveiled that it will no longer be offering NFTs (non-fungible tokens) on its platforms. The company also announced that it would cut down an additional 10,000 staff, leading many to be concerned about its ability to work successfully as a big tech …

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Israel's tax department has Cracked Down Two NFT sellers for not Disclosing $2.2 million in revenue

Israel’s Tax Department has Cracked Down Two NFT Sellers for not Disclosing $2.2 Million in Revenue

Israel’s tax department has arrested two makers of NFTs who allegedly did not disclose nearly $2.2 million in revenue. This is the second major crackdown after the recent discovery of an NFT creator from Tel Aviv who was engaged in a similar offense. The Tax Authority believes that the creators, Avraham Cohen and Antony Polak took substantial sums of money …

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Binance Unleashes AI-Powered NFT Platform Bicasso

Binance Unleashes AI-Powered NFT Platform Bicasso

A plethora of AI-oriented art programs has already become household names, from Nightcafe to DeepAI. Now a new player has joined the game, promising to take the virtual experience to alluring heights! Binance, the world’s leading cryptocurrency exchange platform, has taken a leap into the burgeoning NFT space with Bicasso – an AI-powered marketplace. On Wednesday, CEO Changpeng Zhao (CZ) …

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MMA Legend Khabib Nurmagomedov Teams Up with GMT to Unleash an Unparalleled NFT Collection

MMA Legend Khabib Nurmagomedov Teams Up with GMT to Unleash an Unparalleled NFT Collection

Ever since the advent of technology, Khabib has been determined to explore projects that involve innovation and technology. To fulfill his ambitions MMA legend has now followed in the footsteps of numerous other celebrities and entered the fascinating world of Non-Fungible Tokens (NFTs). Mixed martial arts icon Khabib has opened up a new avenue for fans to hold a piece …

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Solana NFT Marketplace Loses Momentum as User Activity Wanes

Solana NFT Marketplace Loses Momentum as User Activity Wanes

Amidst the constant inclusion of newcomers to the blossoming Non-Fungible Token (NFT) marketplace, veteran experts are feeling distressed about the future of Solana’s ecosystem. Dune Analytics data suggests that since February 2021, usage of Solana’s platform has experienced a steady decline which further increased the tension between the experts and firms. In spite of this seemingly negative trend, NonFungible.com estimates …

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Magic Eden Implements Restructuring, Cuts 22 Jobs

Magic Eden Implements Restructuring, Cuts 22 Jobs

Magic Eden, a non-fungible token (NFT) marketplace, announced a “company-wide restructuring” that will result in 22 staff members being laid off. Despite this, CEO Lu reaffirmed the company’s commitment to supporting its employees through the transition period. Magic Eden has expanded its support for Ethereum and Polygon-based NFTs, as the fall in SOL prices has hit the Solana-based marketplace’s performance. …

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OpenSea Expands NFT Category's Game Option

OpenSea Expands NFT Category’s Game Option

OpenSea, the leading NFT marketplace, has recently added a new game category to its platform. This new game category will enable gamers to purchase, sell and trade their gaming assets as non-fungible tokens (NFTs). The NFT community has been buzzing with excitement since OpenSea announced the launch of their new category of NFTs last December.  The addition of this new category …

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Amazon is Making Strides Toward the NFT Industry

Amazon is Making Strides Toward the NFT Industry

Amazon is working on digital assets and non-fungible tokens (NFT). This move is part of Amazon’s larger strategy to capitalize on the booming blockchain and digital industry, and will likely have a significant impact on the gaming and NFT markets. Amazon’s foray into digital assets and NFTs is expected to bring new levels of innovation and competition to the digital …

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