Why Solana-Based NFTs Are K-Pop’s SMCU Metaverse Level-Up
SM Entertainment, one of Korea’s largest entertainment agencies, announced its plans to create an NFT division inside its future metaverse (SMCU). They are considering using the Solana blockchain to issue NFTs. K-Pop culture has been on the rise, conquering new fans all over the world. SM has been working on integrating technology into the music […]
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On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future.
FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in the Near Future
West Realm Shires Services Inc., the parent company of FTX US, revealed on Monday that the U.S.-based regulated cryptocurrency exchange has launched the FTX NFTs Marketplace. The market will give FTX US users the ability to mint NFTs, as well as transfer the digital....
Digital assets have experienced a boom in the past years with new trends, such as DeFi, NFTs, and digital property, supporting a new wave of adoption led by institutional demand. These players have embraced the technology upon which they are planning to build the internet of the future, the Metaverse. In the coming years, as younger generations inherited wealth and power, every financial and business sector will need to have a presence in the Metaverse. Thus, understating the benefits and opportunities earlier could reward projects and investors that develop a business strategy around....
Non-Fungible Tokens (NFTs) have become the go-to killer application for the gaming sector. The reason is simple: NFTs are a form of asset whose ownership is recorded on Blockchain and corresponds to a unique and specific digital piece of art, image, video – or in-game tool. This means that, for the first time ever, gamers […]
The combination of blockchain technology, NFTs, and gaming produced an explosive breakaway industry in the cryptocurrency space last year, as gamers everywhere woke up to the potential benefits of gamefi and play-to-earn (P2E) game mechanics. One new release building on this momentum is Dragon War, a turn-based fantasy strategy game built on the Solana (SOL) […]
Solana NFTs are swinging it better in revenue compared to Ethereum NFTs in just 24 hours which may be attributed to the hype of the highly awaited launching of the Trippin’ Ape Tribe collection. SOL is getting the kick from the Solana Summer, beefed up by the Trippin’ Ape Tribe collection launch. Solana, dubbed as […]