Do non-fungible tokens (NFTs) have a chance to overcome the bear market and make a comeback despite the harsh declines in market prices?
Author: Victor Koetter
The MiCA regulation on stablecoins will come into effect as of June 30th 2024, heavily regulating stablecoins such as Tether’s USDT.
Meme coins are a type of cryptocurrency inspired by jokes circulating on the Internet. Meme coins are designed to be funny and have no initial intrinsic value. The coin’s price is largely driven by internet narratives and community engagement. Their popularity is triggered by viral online content such as tweets, videos or news. One of the first meme coins to be launched and the most notable by market capitalization is Dogecoin (DOGE). The cryptocurrency was created in 2013 by software engineers Billy Markus and Jackson Palmer. The coin is famously branded with the image of a Shiba Inu dog. Dogecoin…
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Yuga Labs, widely regarded as the leading NFT studio, is expanding its reach. The company has revealed its acquisition of PROOF, which holds ownership of various NFT collections such as the once renowned Moonbirds collection. Yuga said it’s planning to integrate Moonbirds into their metaverse platform Otherside. The studio has been active in the field of non-fungible tokens (NFTs) since 2021. Yuga’s first launch, the Bored Ape Yacht Club (BAYC) was an immediate success. Since then, the company has created and acquired many other notable collections such as the Otherside, Crypto Punks and Meebits. Now they’re adding Moonbirds to their…
Non-fungible tokens (NFTs) have emerged as a transformative technology with the potential to revolutionize digital ownership and create new opportunities for businesses. Many major corporations have started initiatives using NFTs in one way or another, demonstrating the clear potential of the technology for brands. In the midst of the 2021 NFT craze, many companies jumped on the bandwagon. Either by launching their own collections, investing in the NFT and metaverse space, or forming novel partnerships in the crypto industry. Now that the initial hype has passed, many projects that were launched are maturing. We can see which companies believed in…
Farcaster is a decentralized, crypto-native social media network founded by former Coinbase engineers. An overview of the platform.
Ordinals, originating on the Bitcoin blockchain, can be considered a type of non-fungible token (NFT) that store different types of metadata.