What are wash trading and money laundering in NFTs?
[ad_1] NFT wash trading is a problem for investors, the global community, collectors and traders because these participants use less liquid nonfungible tokens to manipulate the price of an asset. Due diligence has become more difficult as investors have been forced to rely on measurable statistics, making wrong investment...
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NFTs, Web3 and the metaverse are changing the way scientists conduct research
[ad_1] Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research. A primary goal of DeSci is wider participation and funding...
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Visa launches immersion program to help creators build their business with NFTs
[ad_1] Visa announced the official launch of the Visa Creator Program, a one-year product strategy and mentorship program for entrepreneurs working in art, music, fashion and film who seek to accelerate their small business through nonfungible tokens, or NFTs. According to Visa, the goal of the Creator Program is to...
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OPENSEA EXPLOIT: MINTABLE RECOVERS AZUKI NFTS | by Bit Media Buzz | Feb, 2022
[ad_1] New York, USA, 22.2.22 — NFT marketplace, Mintable, is sending 3 NFTs that were stolen in a recent OpenSea exploit, back to their rightful owners. They found the NFTs on the LooksRare marketplace, which has garnered its own reputation for over USD 10 billion in wash trading and...
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Coachella lifetime pass, WildEarth’s wildlife, Worms ditches NFTs after backlash
[ad_1] The Coachella Valley Music & Arts Festival has partnered with FTX US to launch a series of NFT collectibles that includes tokenized lifetime access passes to its annual music festivals. The iconic music festival is held over two consecutive three-day weekends every April in California, and is being...
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Sega will likely not introduce NFTs for play-to-earn if ‘perceived as simple money-making’
[ad_1] The leadership at video game firm Sega Corporation’s holding company has suggested that they may avoid nonfungible tokens in play-to-earn model games based on the response from users. In a Dec. 14 meeting of Sega Sammy Holdings’ CEO Haruki Satomi, senior executive vice president Koichi Fukazawa, and Sega...
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Looking Ahead at NFTs in 2022
[ad_1] 2021 was the year of the non-fungible tokens or NFTs. Though they have been around since 2014, the world did not seem to take much note of these digitally unique tokens until around March, when several famous artists exploded onto the headlines with multi-million dollar NFT sales. Ever...
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Square Enix CEO reveals plans for blockchain, metaverse, NFTs
[ad_1] Wider adoption of nonfungible tokens (NFT) and play-to-earn games may be on the way, as one of the world’s largest gaming companies sees them as the future of the industry. Yosuke Matsuda, CEO of Square Enix, revealed the company’s intentions for blockchain and NFT spheres in his new...
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Song a Day NFTs With Jonathan Mann + Your 2022 Crypto Predictions!
[ad_1] December 31, 2021by Laura Shin Jonathan Mann has published a song a day for 13 years. On Unchained, he talks about his writing process, how he came up with the idea of publishing his songs as NFTs, his plans for a DAO he created called SongADAO, and more....
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MyEtherWallet allows users to mint Ethereum blocks as NFTs
[ad_1] MyEtherWallet, or MEW, launched its first nonfungible token (NFT) collection called ETH Blocks on Thursday, which tokenizes individual blocks on the Ethereum blockchain. Unique images associated with ETH Blocks are generated based on the block’s data. These NFTs are available exclusively to MEW users via the MyEtherWallet website....
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