The Bitcoin network has proven its worth in the NFT industry by securing the third spot in all-time NFT sales. According to data from NFT tracker CryptoSlam, Bitcoin-based NFTs have reached an impressive total sales volume of $4.29 billion as of June 18. This milestone has overtaken the previous record held by the Ronin blockchain,
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The Vatican Library recently announced a groundbreaking project to increase Web3 usage by granting non-transferable NFTs to supporters of its manuscript collections. This initiative, currently in an experimental phase, is exclusively available to Italian backers of the Vatican Apostolic Library. Italian supporters have the opportunity to share the NFT project on their social media accounts
Aavegotchi has recently announced the upcoming Rarity Farming Season 8, which promises a substantial 150,000 GHST prize pool and a range of new features to enhance the competitive experience for players. This unique Web3 game combines NFT collectibles, decentralized finance (DeFi), and gaming into a captivating and engaging experience. The tournament schedule for Season 8
Telegram Mini-Apps Tapswap and Yescoin are breaking ground by launching their own tokens on The Open Network (TON). This move signifies a significant shift towards integrating blockchain technology into mobile gaming, particularly driven by the rising popularity of clicker games on Telegram platforms. The surge in user engagement within clicker games on Telegram, such as
SnakeTON is an innovative Web3 survival GameFi that is taking the gaming experience within the Telegram app to a whole new level. With a massive 900-million user base and seamless integration of the TON Blockchain, SnakeTON offers players a unique gaming experience like never before. Players control snakes, navigating through various game modes to emerge
The IOTA Foundation’s Web3 Identification Solution has been selected to participate in the European Blockchain Sandbox program, marking a significant milestone in the advancement of Know-Your-Customer (KYC) procedures and privacy within the Web3 space. This decision is a crucial step in driving conversations around regulatory considerations regarding KYC and privacy, especially as decentralized finance (DeFi)
Recently, major retail companies in South Korea, including Lotte and Hyundai, have made the decision to withdraw from the non-fungible token (NFT) market. This move signifies a significant shift in their digital strategies as they navigate a slowdown in the NFT industry and refocus their resources on their core business operations. Lotte Home Shopping, the
Gamee, a hypercasual gaming ecosystem developed by Animoca Brands, originally started its operations on the social platform Telegram. However, recent surges in activity within the network can be attributed to various factors that have propelled Gamee to new heights. One pivotal moment was the $15 million hack of Polygon in early 2024, which prompted the
Parallel, a groundbreaking NFT-based card game powered by Ethereum, recently made its debut on the Epic Games Store. This strategic move has placed Parallel directly in front of the platform’s massive user base of over 270 million users, including 75 million monthly active users. By entering the Epic Games marketplace, Parallel has positioned itself among
The recent release of Gangster Arena 2 on Blast has brought a new level of innovation to the world of decentralized finance (DeFi) gaming. This game, integrated with Ethereum using Layer 2 solutions, combines elements of mobile idle tycoon mechanics with PVP game theory, creating a unique and engaging experience for players within the degen
The Sandbox, a user-generated content platform operated by Animoca Brands Corporation Limited and its subsidiary Bacasable Global Limited, has recently announced a substantial achievement. The platform has secured $20 million in funding, with a valuation cap of $1 billion. This funding marks a significant milestone for The Sandbox, positioning it as a key player in
The Arbitrum Foundation, the brains behind the Ethereum Layer 2 scaling solution, has made a bold move to boost growth in the gaming sector within its ecosystem. With a commitment to distribute a substantial amount of ARB tokens over the next three years for the Gaming Catalyst Program (GCP), the foundation aims to revolutionize the
In the realm of web3 gaming, the introduction of Overworld Arena marks a significant milestone in showcasing the power of blockchain technology to revolutionize accessibility and engagement. With its recent launch, Overworld Arena promises an immersive player-vs-player (PVP) experience with a diverse range of rewards up for grabs. The game not only offers a generous
McDonald’s Singapore has taken a bold step into the metaverse with the introduction of its new digital environment called “My Happy Place.” This innovative initiative, created in partnership with Bandwagon Labs, is accessible through the official McDonald’s app. The platform offers users a seamless blend of virtual and real-world experiences, providing special benefits for the