Značka: Warner Bros.

Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more

Opensea’s dominance begins to waiverNonfungible token (NFT) marketplace Opensea has seen its competitors chomping at its ankles this year as they gain market share — turning the market from a “monopoly” into an “oligopoly,” a new report states.  Binance Market Pulse released on Oct. 20 says there has been a slow and steady change in market leadership, noting that while OpenSea is still the dominant marketplace in terms of users and volume, Ethereum (ETH)-based exchanges X2Y2 and Looksrare have been gaining their share of the market over 2022. The report also pointed out that OpenSea is facing stiff competition when it comes to Solana (SOL)-based NFTs, its most used native marketplace Magic Eden is a “close second” to the multi-chain OpenSea exchange.OpenSea’s market dominance in terms of volume peaked in May 2022 but has seen a decline since. Image: BinanceIt comes amid a possible sea-change across NFT marketplaces. On Oct.14, the Solana-native NFT market Magic Eden opted to introduce optional royalties on its platform, following a similar move by the Ethereum-based marketplace X2Y2 in August. It noted that the “market has been shifting towards optional creator royalties for awhile.”Binance’s Q3 report added that Ethereum overall still dominates holding 65% of the NFT volume market share at the end of the third quarter, but NFT buyers may be moving blockchains in search of profits or following the latest trends.The data also shows Solana’s NFT sales volume increased by 13% in Q3 and Ethereum’s dropped by 16% since the end of the second quarter.Record-breaking bids on first wave of ‘Physical Backed Tokens’The Azuki NFT project has broken the record for the most expensive skateboard ever sold, with the highest bid for a limited-edition 24-karat gold-plated skateboard fetching 309 ETH, or $400,000. A total of eight skateboards were sold through its new Physical Backed Token (PBT) technology, netting the project a total of $2.5 million worth of ETH.The highest bid far surpassed the previous record holder, the over $38,000 “Blowin’ in the Wind Skateboard” created by skateboarder Jamie Thomas which included handwritten lyrics from singer Bob Dylan.The Golden Skateboard is a marvel of art & technology showcasing our first implementation of PBT, which paves the way for a new era of storytelling. We broke the record for the most expensive skateboard ever sold (in fact, the 8 most expensive skateboards ever sold). pic.twitter.com/XG2fgfrVgU— Azuki (@AzukiOfficial) October 23, 2022It was the first time the project implemented its Physical Backed Token (PBT) technology standard.PBT is a token standard created by the project that uses a cryptographic chip to authenticate ownership of a physical item, generating an NFT in a user’s crypto wallet after its scanned with a mobile phone.MLB players union seeks NFT licensing managerThe union representing all Major League Baseball (MLB) players appears to be looking at expanding its members’ presence in Web3, as it looks to hire a licensing manager to help expand its portfolio across NFT, Metaverse, digital games and augmented and virtual reality technology.The job posting by the MLB Players Association states that “NFTs, the Metaverse, wearable technology, and AR/VR are part of our expanding business model” with the role requiring the person to create “strong relationships” with “crypto projects”.A major role of the MLB Players Association is assisting sponsors seeking to associate their brand or product with players, the association holds the rights to license and use the names, nicknames, likenesses, and other indicating information of MLB players for use to that end.Warner Bros launches NFT-gated exclusive filmsEntertainment company Warner Bros is looking to use NFTs to distribute exclusive content and films after announcing on Oct. 20 that it partnered with Web3 firm Eluvio to launch its NFT-backed “WB Movieverse.”The “movieverse” is essentially Warner Bros-owned films available online using NFTs as authentication for users to access the film along with related exclusive content such as behind-the-scenes videos and images.The first offering in its movieverse sees a 4K resolution extended edition of one if its Lord of The Rings titles along with bonus material made available through two tiers of NFTs. Related: Magic Eden defends launch of NFT royalty enforcement toolThe sold-out upper tier of 999 NFTs was priced at $100 but now sees an average listing price of $2,500 according to the official secondary listings page, while the lower tier of 10,000 NFTs is priced at $30.Warner Bros has delved into the NFT space before, recently licensing characters from its DC Comics-owned properties to pop culture brand Funko to sell Walmart-exclusive NFTs.More Nifty News:Metaverse casino Slotie has been hit with multiple cease and desist orders from state-level authorities in the United States who allege Slotie hasn’t registered as a broker-dealer, failed to provide the proper disclosures as a gambling platform and consider its NFTs to be unregistered securities.Ethereum-based NFT marketplace Rarible upgraded its platform on Oct. 20 adding an aggregation tool that allows users to browse and purchase Ethereum NFTs from other marketplaces such as Rarible, OpenSea, LooksRare, X2Y2, and Sudoswap.

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Nifty News: Zilliqa teases Web3 gaming console, Funko teams up with Warner Bros. and more…

Blockchain company Zilliqa is launching a Web3 focused console with a cryptocurrency wallet and mining capabilities, along with featuring gaming titles from the company.On Sept. 23, prototype images were released showing an array of ports including HDMI, Ethernet and USB connections, although full hardware specifications and the price of the unit remain guarded. The console itself looks similar to something from Xbox, but has two green panels on the top. The #Zilliqa gaming console seems to be taking a page form the OG Xbox playbook by putting letter into the hardware design.$ZIL #web3 #playtoearn pic.twitter.com/mln1kiUrwD— ChaseRaz (@ChaseRaz) September 22, 2022Zilliqa has said the console is geared toward user-friendliness and similar to conventional gaming titles will incentivize users to complete gaming missions, quests and tasks to mine its native token ZIL as a reward.Beta testing on the console starts in October, with units expected to be available for pre-order in the first quarter of 2023. Zilliqa is a layer-1 blockchain designed for creating smart contracts and decentralized applications (DApps), it has 15 gaming projects according to its website.In July Web3 gaming startup Polium announced its similar console, “Polium One”, supporting gaming non-fungible tokens (NFT) across eight blockchains, although the Polium One isn’t set for release until Q3 2024.Funko and Warner Bros. collab on Walmart exclusive NFTsPop culture brand Funko has partnered with entertainment company Warner Bros. to offer bundled physical and NFT collectables exclusively through American retail giant Walmart.The bundle includes a physical comic book cover and Funko figurine for DC Comics “The Brave and the Bold,” known amongst fans for introducing the concept of the popular “Justice League” superhero team, along with a matching Funko “Digital Pop!” NFT.Funko’s “Brave and the Bold” physical bundle. Source.The collection is limited to 30,000 units and will debut during Walmart’s Collector Con in October, the NFTs will mint on the WAX blockchain.Funko has continued to expand the NFT counterpart of its flagship “Pop!” figurine line which started in Aug. 2021 with a Teenage Mutant Ninja Turtles collection. Funko CEO Andrew Perlmutter has stated the company is creating NFTs to meet demand from younger collectors who value digital goods and assets. New England Patriots get Web3 partner in ChainWeb3 software company Chain has become the official blockchain and Web3 sponsor of the National Football League (NFL) team New England Patriots, professional soccer team New England Revolution and both team’s home ground, Gillette Stadium.Related: NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania: ReportChain has partnered in a multi-year deal with Kraft Sports + Entertainment, the owner of both professional teams and the stadium, to develop what it calls “state-of-the-art Web3 experiences” using Chain’s product suite, but didn’t provide exact details on its plans.Chain CEO Deepak Thapliyal did state however that the company is aiming to “build cutting edge experiences for stadium visitors” as part of Chain’s product lineup includes support for NFTs.Christina Aguilera files for NFT and Metaverse trademarksFilings shared by trademark attorney Mike Kondoudis show singer Christina Aguilera has filed trademark applications with the United States Patent and Trademark Office for multiple NFT, Metaverse and crypto related products.The filings reveal plans for the star to create audio, video and music files “authenticated by NFTs” along with “blockchain based non-fungible assets” such as virtual avatars, clothing, beauty products, other virtual merchandise and “crypto collectibles.”Part of the application also mentions Aguilera providing musical performances, concerts and games “in the Metaverse and other virtual environments.”More Nifty News:NFT marketplace OpenSea announced the implementation of OpenRarity on Sept. 22, a protocol that provides verifiable rarity calculations for NFTs within its platform. The protocol uses a transparent mathematical approach to calculating rarity. Web3 tech firm nameless is set to launch an NFT software product that enables developers to test their NFT smart contracts on fully private test nets.

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NFT drop causes glitch in The Matrix, FTX.US adds Ethereum NFTs, token Baby Sharks…

The Matrix’s NFT revelationsSoaring demand for the Warner Bros.’ Matrix NFT avatar drop on Nifty’s this week caused the website’s purchasing page to crash. Earlier this month, the film studio announced it would be dropping 100,000 unique Matrix-inspired avatar NFTs for $50 each as part of a promotional campaign for the new Matrix Resurrections film set to hit cinemas in the U.S. on Dec. 22.After more than 300,000 Matrix fans queued up for the drop on Nov. 30, Nifty’s was forced to start and stop the queue multiple times due to max capacity-induced “infrastructure issues.” Hello again everyone. While we are obviously still working through the launch not going the way we had hoped it would, we appreciate every single one of you that have hung in with us, and we want to send a very sincere “thank you” from our team.— Nifty’s (@Niftys) December 1, 2021After the queue was paused multiple times, other issues started to occur such as users being bumped up or down the queue, the buy button not working and failed transactions upon checkout.At the time of writing, there are still 347,133 people waiting in the queue and the issues are yet to be resolved. Nifty’s said that it is still actively working to address the issues, and has offered every Nifty’s user who queued up on Nov. 30 a free “glitch in the Matrix” NFT” for the inconvenience. Warner Bros.’ The Matrix Avatar queue: Nifty’s Tokenized Baby SharksPinkfong, the creators of the widely popular and alarmingly hypnotic children’s song Baby Shark, is releasing a collection of NFTs depicting content from the music video. The collection consists of a 1/1 and five limited editions, and the NFTs feature the Baby Shark character along with its five family members in a series of animated and holographic GIFs backed by new original music.The auction and sales will be hosted on Makersplace on Dec. 3, and the carbon emissions from the sale will be calculated and offset by sustainability platform Aerial. A starting price for the 1/1 NFT auction has not been specified, however the highest bidder will also receive a custom one-of-one vinyl record of the music depicted in the NFT. Pinkfong’s Baby Shark NFT: MakersplaceThe Baby Shark music video has more than 9.7 billion plays on YouTube, making it the most played video on the platform.MBA students raise $3K for scholarship fundA group of Masters of Business Administration (MBA) students from the Paris branch of the INSEAD graduate business school raised $3,000 for the school’s Robin Hood Scholarship fund via an NFT sale. Ferdinand Issels, Michelle Yu and two other students created a Nyan Cat-inspired NFT titled “RobinGood #1” depicting Robin Hood riding a salamander from the school’s emblem. The project was a part of a week-long student-led fundraising campaign for the school’s fund that supports need-based scholarships.  INSEAD’s Robin Good NFT: OpenSeaThe NFT was auctioned off in fiat currency to allow any student to participate and was snapped up by graduate and Goldman Sachs banker Alberto Marega for 2,600 Euros, or roughly $3,000, and has since been minted on OpenSea. “It is an amazing feeling that we were able to use this technology to contribute to a good cause,” said Issels, adding that, “I hope this encourages other people to further explore the positive impacts that blockchain-based technology can deliver.”Related: ‘Crypto Critic’ — Hollywood insider has a message for celebrities who shill token projectsFTX expands support to Ethereum NFTs FTX.US revealed today that its NFT marketplace has expanded support to Ethereum-based NFTs.gm! Ethereum NFTs are live on https://t.co/IER7ate2sU!We’re excited to expand our NFT marketplace, allowing users to buy, sell, and display their Ethereum NFTs alongside their Solana NFTs for the first time! Probably nothing. pic.twitter.com/DREqxvNDVc— FTX – Built By Traders, For Traders (@FTX_Official) December 1, 2021

Both FTX and the company’s U.S. subsidiary first jumped into the sector in September, rolling out NFT marketplaces with limited functionality. The following month, FTX.US expanded upon its platform by offering support to Solana-based NFTs.FTX.US’s website now hosts a list of collectibles from popular Ethereum-based projects such as Bored Ape Yacht Club, Meebits and Pudgy Penguins.Ethereum NFT collections: FTX.USOther Nifty NewsUpcoming mobile-based NFT game Guild of Guardians generated $5.3 million from the sale of two tranches of its native token GEMS on Tuesday. The sellout token sale was oversubscribed by 82 times with around 808,000 users registering and more than 10,700 new GEMS hodlers purchasing a max amount of $500 worth of tokens. Ross Ulbricht the founder of now-defunct dark web marketplace Silk Road, caused a stir on Wednesday by announcing his own NFT drop depicting hand-drawn artwork that will be auctioned off on Superare this month. Proceeds from the auction will help fund a trust to support Ulbricht’s efforts to be freed from prison.

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