Author: CryptoHoppers
Blockchain has opened up a door of numerous possibilities. Not many possibilities have gained attention as much as Non-Fungible Tokens. NFTs have created several catchy headlines in recent times. Many, especially creators, investors and collectors, see NFTs as an opportunity, and believe that they can provide a permanent solution to a wide variety of issues related to digital ownership, digital scarcity, authentication and artist royalty. To make the best use of this opportunity, one needs to understand the fundamentals of how to create, buy and sell an NFT. Highlights Creating an NFT turns a digital art or content into a unique token…
Pudgy Penguins NFT Brand Takes Flight in Walmart Stores: A Physical Toy Line Meets Digital Experience | NFT CULTURE | NFT News | Web3 Culture
In an era where the boundaries between the digital and physical realms continue to blur, Pudgy Penguins, a flagship brand in the Non-Fungible Token (NFT) space, has launched its toy collection in 2,000 Walmart locations across the United States. This major retail integration signals not just an expansion for the Pudgy Penguins but also a notable evolution in the NFT market, challenging the mainstream media narrative that suggests NFTs are losing traction. Venturing Beyond Digital Marketplaces Despite the downturn in prices for some popular NFT collections, it seems that the digital assets are anything but obsolete. Pudgy Penguins stands as…
During a Sep. 27 hearing, policymakers hammered Gary Gensler over the Security and Exchange Commission’s (SEC) non-compliance with requests for documents including records related to bankrupt crypto exchange FTX and its founder Sam Bankman-Fried. Rep. Patrick McHenry voiced skepticism regarding Gensler’s commitment to remedying bipartisan legislative concerns and protecting investors, noting that Congress’s patience was “wearing thin”. ???? @SECGov Chair @GaryGensler continues his blatant disregard for Congress in pursuit of a radical agenda that threatens the integrity of our financial markets, protection of investors, & our economic competitiveness. Our patience is wearing thin.???? #WATCH my opening remarks ⬇️ pic.twitter.com/MTJIdNaBGD— Patrick…
NFT investors primarily aim to generate a reasonable profit. Traditionally, they employ two strategies: minting NFTs and buying low to hold.Minting NFTs involves creating them during their initial release, with the expectation that the value of these newly minted NFTs will increase over time, allowing investors to sell them later at a higher price. On the other hand, the ‘buy low and hold’ strategy entails purchasing NFTs at relatively low prices and holding onto them, anticipating that their value will appreciate over time, potentially resulting in a profitable sale. Both of these methods carry risks. If NFT collections fail to increase…
Gemini to Inject $24M in India to Enhance Its Infrastructure Development Plan at Gurgaon
Gemini began its venture into the Indian market earlier this year after it announced the opening of its second-largest office in Gurgaon. One of the globally top-rated centralized cryptocurrency exchanges, Gemini Trust Company LLC, has announced plans to inject up to INR 200 crore, or about $24 million, into the economy of India in the next two years. According to the announcement, Gemini plans to grow its development center in Gurgaon into its second-largest office after the United States headquarters. In April this year, Gemini announced the opening of the Gurgaon Technology Development Center in India to enhance its global…
Crypto Live NewsAuthor: Mustafa MullaMustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Sep 27, 2023 10:09 Shanghai has set a target to achieve innovative breakthroughs in several technical fields related to blockchain by 2025. This includes areas such as blockchain processors, smart contracts, cross-chains, new storage, privacy computing, and supervision. The goal is to develop a new generation of open permission chain technology systems and standards that will help accelerate the adoption of blockchain technology in various industries. Shanghai’s ambitious plans demonstrate…
The concept of the Metaverse has become a hot topic in the technology world, especially since Facebook rebranded as Meta in 2021. Many technology enthusiasts see the Metaverse as the next big step in the evolution of the internet. In recent years, it has gained massive momentum, thanks to the rapid growth of key technologies that power it. These technologies include Virtual Reality, Augmented Reality, Blockchain, Extended Reality and Artificial Intelligence. This combination of tech allows for exciting possibilities like realistic virtual interactions, digital economics, and dynamic virtual experiences. In short, the Metaverse is not just a trend; it is…
When Iconic Universes Merge: The Epic Collaboration of VeeFriends and Masters of the Universe | NFT CULTURE | NFT News | Web3 Culture
In an unprecedented fusion of mythic storylines and pioneering innovation, VeeFriends and Mattel’s legendary Masters of the Universe franchise are teaming up. They’re offering collectors and fans the Masters of the Universe Origins™ Skeletor® & VeeFriends™ Skilled Skeleton™ 2-Pack, a collaboration that’s nothing short of revolutionary. Let’s delve into the details of this momentous venture. The Rich Legacy of Masters of the Universe For over four decades, Masters of the Universe has captivated imaginations across the globe. The franchise revolves around the epic battle between He-Man, the mightiest warrior in the universe, and his arch-nemesis, Skeletor. All set in the…
Journalist Posted: September 26, 2023 MicroStrategy recently invested $147.3 million into Bitcoin, increasing its holdings to $4.7 billion. However, Bitcoin needed to pass $30k to ensure profits. Recently, MicroStrategy was in the spotlight for its unwavering commitment to accumulating Bitcoin. Notably, the American firm made headlines for investing an additional $147.3 million to expand its Bitcoin [BTC] holdings. Is your portfolio green? Check out the BTC Profit Calculator This latest purchase added a substantial 5,445 BTC to MicroStrategy’s existing cryptocurrency reserves. Still a long way to go MicroStrategy’s total investment in Bitcoin stood at an impressive $4.7 billion at the…
A Beginner Guide For Virtual Real Estate: How To Buy Real Estate In The Metaverse
We are indeed advancing towards a Metaverse era, where the virtual world completely mimics the real one. In the near future, almost everything from the real world will have its counterpart in the virtual realm. In a sense, what this opens up is exciting business possibilities. Let’s consider the case of real estate. Just as real estate is highly profitable in the physical world, the Metaverse offers similar potential. Already, Metaverse real estate is gaining popularity as a lucrative opportunity. Decentraland and The Sandbox are popular topics in every Metaverse forum. Buying a virtual real estate is not as complex…