Author: Anvi Saini

Yuga Labs and Magic Eden have collaborated to transform the NFT marketplace. The two companies, renowned figures in the NFT space, aim to launch a new marketplace through their partnership. Furthermore, they will make an Ethereum-based platform available by the end of this year, which will honor creator royalties. https://twitter.com/yugalabs/status/1720757313676488927 Yuga Labs X Magic Eden Collaboration In a recent tweet, Yuga Labs, which is known for its premium NFT collections such as CryptoPunks and Bored Apes, made a ground-breaking announcement. The company is partnering with Magic Eden, which has grown across multiple blockchain ecosystems with its user engagement.  In addition…

Backpack, a well-known NFT wallet app built on the Solana blockchain, is preparing to enter the regulated cryptocurrency exchange domain. In addition to that, they have announced the launch of Backpack Exchange. This exciting development follows the recent acquisition of a Virtual Assey Service Provider (VASP) license from the Dubia Virtual Assets Regulatory Authority (VARA). https://twitter.com/xNFT_Backpack/status/1719262319467794643 Backpack’s Expansion plans The NFT wallet app Backpack is going to launch a regulated crypto exchange after gaining the VASP license from VARA. Not to mention, the license covers exchange operations and does not extend other features of the Backpack app. Coral, the company…

MetaMask and Deadfellaz have collaborated to present “InfectedS3,” which is a Halloween-themed CryptoArt event. The two companies, known for their expertise in digital art and Web3 technology, are joining forces for this exciting new project. Moreover, the event assures a virtual adventure with haunting art in Decentraland up until November 6. The Infected S3 in Decentraland: Deadfellaz and MetaMask In a recent announcement, Decentraland tweeted about the event details. The upcoming event “Infected S3” is known to be Deadfellaz’s third iconic instalment to date. Not to mention, Betty is the curator of the project and the mastermind behind the renowned…

Two prominent figures in the NFT space have recently announced their collaboration. Metallicus, the pillar of metal blockchain, and the well-known NFT marketplace Rarible are partnering together. Moreover, the partnerships aim to build up BSE-compliant NFT solutions for banks and fintech firms. Metallicus X Rarible NFTs in the Financial Landscape Rarible and Metallicus have joined forces to bridge the gap between traditional finance and the digital world. Besides, both firms have expertise in the Web3 domain, and the venture is going to integrate blockchain technology into the financial sector. On top of that, the initiative will align with the Bank…

Steve Aoki, the famous Grammy-nominated DJ, has teamed up with STEPN for a new collection. The two are partnering to release a unique NFT sneaker collection based on the Solana blockchain. Steve Aoki X STEPN Partnership The awaited Steve Aoki x STEPN collection will offer a limited edition of 300 digital sneakers. These sneakers are a reflection of Aoki’s iconic aesthetic and functional style. Not to mention, there will be four unique designs, namely, Walker, Jogger, Runner, and Trainer. Recently, STEPN has officially tweeted the news about this partnership and provided details about the collection. According to the tweet, enthusiasts…

Solana Labs has recently made an exciting announcement for Web3 start-ups. The company is introducing a special program called the Solana Incubator Program, which is specifically designed to provide assistance to start-ups. Moreover, it will create solutions within the Solana network and help sustainable and effective Web3 companies. The Solana Incubator Program In a recent announcement, Solana Labs made it clear that they will help entrepreneurs overcome the common challenges in the Web3 sector. Furthermore, the program aims to eliminate the engineering and market-entry obstacles in the Web3 industry. In order to do that, Solana Labs will provide resources and…

Animoca Brands, the renowned Web3 company, has recently acquired Azarus, which is a blockchain-based streaming platform. The acquisition will combine Azarus’ technology to bring about a change in the Animoca brands. Also, it will transform the Web3 gaming landscape with blockchain technology. Animoca Brands reshaping the Web3 Gaming Culture In a well-thought-out plan, Animoca Brands is combining Azarus’ expertise to reshape the Web3 gaming experience. Furthermore, the partnership is aligned with Animoca Brands’ vision of establishing a player-owned economy. The companies wish to provide digital property rights in the hands of creators, gamers, and streamers. The executive chairman of Animoca…

Neon Machine, the gaming company, has recently raised $20 million in funding for its upcoming Web3 game “Shrapnel.” Earlier, there was another successful seed funding round in June 2021, where Neon Machine secured $10.5 million. Furthermore, renowned investors, including Polychain Capital, Griffin Gaming Partners, Brevan Howard Digital, Franklin Templeton, IOSG Ventures, and Tess Ventures, supported the funding. Not to mention, the support from these companies has strengthened the future prospects of the game. https://www.youtube.com/watch?v=KNTVpHT-Xgk Neon Machine’s Unique AAA Game The highly anticipated game “Shrapnel,” also known as an AAA game, stands out as an extraordinary gaming experience. It has top-notch…

JPMorgan, a prominent financial institution, has achieved a significant milestone by processing over $1 billion. Moreover, they have processed this amount in daily transactions through its digital asset, JPM Coin. JPMorgan’s Digital Asset, JPM Coin The financial giant has achieved a position that strengthens JPM’s position as a pioneer in adopting blockchain technology. Furthermore, the company is planning further expansions that include the development of a retail-focused asset. Currently, JPMorgan Coin is the foundation of the institution’s daily operations. Besides, this blockchain-based token primarily enables transactions in US dollars, and its use is growing continuously. Hence, the company’s Global Head…

Fashion leader Maison Margiela from Paris has now stepped into the world of NFTs. The brand, recognized for its distinct numbering system, has launched a new initiative named “Numbers” on OpenSea.  Moreover, enthusiasts are calling it “Blockchain Bingo.” https://twitter.com/Margiela/status/1716486263308464216 Maison Margiela’s Blockchain Bingo Game The company has revealed a new digital game where participants can collect 24 distinct tokens. Furthermore, these tokens correspond to numbers ranging from 0 to 23. As the game progresses in the coming weeks, players will participate to collect each number. Finally, players need these numbers to move on to the next stage. What’s more, Maison…