Avalon, the groundbreaking Web3 gaming studio, recently secured a substantial $10 million in funding, signaling a monumental shift in the gaming industry. Led by notable investors such as Bitkraft Ventures and Hashed, this funding round aims to propel the development of Avalon’s inaugural title, Avalon. Unlike traditional MMO games, Avalon offers players the freedom to
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STEPN, the innovative move-and-earn lifestyle app, has made waves in the industry by joining forces with global sportswear giant Adidas to launch a limited-edition STEPN x Adidas Genesis Sneakers NFT collection. This groundbreaking partnership signifies the start of a year-long collaboration, promising exciting NFT drops and physical wearable items down the line. The Solana-based generative
Recently, Dentsu Inc. announced a groundbreaking partnership with Chiru Labs, the creators of the popular Azuki NFT project, to develop an anime anthology series titled “Enter The Garden.” This trilogy, directed by renowned anime director Goro Taniguchi, is set to bring a fresh perspective to the world of anime. The series will utilize the Azuki
The recent headlines surrounding Dapper Labs, the company behind popular NFT projects, have stirred up a lot of curiosity and concern within the NFT market. The investigation conducted by the U.S Securities and Exchange Commission (SEC) has put Dapper Labs under scrutiny, raising questions about the implications for both the company and the NFT market
The gaming industry has always been at the forefront of innovation, constantly pushing the boundaries of what is possible. In recent years, the rise of blockchain technology has opened up new possibilities for gamers, offering unique experiences and opportunities. The SuiPlay0x1, developed by Playtron in partnership with Mysten Labs, is set to revolutionize the handheld
Gunzilla Games, a prominent video game developer, has recently made waves in the gaming industry by integrating the GUNZ blockchain into the popular NFT marketplace OpenSea. This integration allows players to trade in-game items for Gunzilla’s upcoming first-person battle royale shooter, Off the Grid, as well as for any future games released on the Avalanche-based
Immutable, the blockchain gaming company, has recently announced the launch of their newest expansion pack called Dread Awakening. This expansion features a crossover between Gods Unchained and Guild of Guardians, two highly popular blockchain games in the gaming industry. The release of Dread Awakening is set for 23rd April and promises to introduce 148 new
Recently, the Swedish tax authority, Skatteverket, made a significant ruling regarding the Value-Added Tax (VAT) treatment of NFTs. The decision was a response to the growing economic importance and interest in NFTs in the digital realm. According to the ruling, the standard 25 percent tax rate applies to NFTs related to digital works. The ruling
Binance has recently announced that its NFT marketplace will no longer support Bitcoin Ordinal NFTs after April 18. This decision marks a significant change for users who will no longer be able to buy, deposit, bid on, or list these unique digital assets on the platform. The move to discontinue support for Bitcoin Ordinals comes
The introduction of Coachella Quests has revolutionized the way music festivals engage with their fans. By incorporating blockchain technology, Coachella has taken fan loyalty to a whole new level. Participants can now earn exclusive NFT Stamps and Points by completing various tasks, unlocking a world of exclusive benefits and experiences. This gamification approach not only