Machine NFTs: The New Machine Economy Powered by NFTs
If there’s one thing that has overwhelmed the universe aside from cryptocurrency, it is definitely NFTs. The NFT craze between 2020 and 2021 alone was out of the ordinary, and to date, no one really knows what triggered the interest, but who cares now? Given the amount of money moving in and out of the market. To confirm this, NFT trading volume in Q3 increased by a whopping 704% from that recorded in the previous quarter. Digital creators, traders, and investors exchanged close to $10B in Q3 of 2021. That’s massive and an unthinkable figure. It’s no surprise considering....
Related News
MIT’s Media Lab unveiled a vending machine that accepts bitcoin with a quirky twist — it was stocked solely with Soylent. Soylent and Bitcoin? A picture of the vending machine was tweeted out by MIT’s own Ethan Zuckerman last night. In it, you can see the machine was mostly empty aside from a few bottles of Soylent. The vending machine even comes equipped with a QR code for people to conveniently scan. The machine first came to public attention sometime last year, as a few people tweeted about the possibility of MIT Lab getting a bitcoin-compatible vending machine. Speculation made its way....
Proceeds from the NFT vending machine at this year's NFT.London event will be donated to charity. Multi-chain nonfungible token (NFT) marketplace myNFT has announced it will showcase its first-ever physical NFT vending machine at this year's NFT.London event scheduled for Nov. 2–4. The NFT platform hopes to provide an easy and accessible way for people who want to start buying and trading digital assets without needing deep knowledge of the Web3 industry. The vending machine will allow users to purchase an NFT without owning a digital wallet.Users who want to purchase an NFT through....
The IoTeX Foundation will examine all DApp developers thoroughly to ensure that they effectively enable machine financialization. IoTeX, a blockchain platform focused on the Internet of Things (IoT), has announced the launch of a $100 million sustainable ecosystem fund.The new fund will back over 1,000 decentralized machine economy startups developing use cases for connecting more than 10 million smart devices to the MachineFi portal within the next three years.The decentralized machine economy is a developing economy in which machines, rather than people, are the driving force behind....
NFIs could be the next step for NFTs and ASM’s Artificial Intelligence Football Association could be P2E gaming’s next breakout project. Nonfungible tokens (NFTs) have been largely acquired as proof-of-profile pictures (PFPs) that represent a brand, embody culture or ultimately, reflect as a static status symbol. Blue-chip NFTs like the Bored Ape Yacht Club or Cool Cats were not originally backed by any tangible utility other than speculative value and hype, along with the promise of an illustrative roadmap, but in 2022, investors are looking for a little bit “more.” However, nonfungible....
Bitcoin Machine Turns One Year Old In New Hampshire, Symbolizing The Libertarian Free State Movement
A bitcoin vending machine in front of a store in Keene, N. H. turned a year old last week, drawing people from throughout the region, according to the Concord Monitor in Concord, N. H. The machine, which could be the only public bitcoin vending machine in New England, draws attention from its association with the libertarian Free State Movement. Ian Freeman, a member of the Free State Project who hosts a live talk show, says people drive up from Boston, Mass. and New York City since the machine is the only pubic bitcoin machine anywhere in New Hampshire, Massachusetts, Vermont, Maine or....