The Bandit Project – How to Earn Passive Income by Staking NFTs

The Bandit Project is a new DeFi protocol aiming to empower NFT holders with passive income opportunities. Moreover, the initiative allows users to own a part of the project and share the revenue with the developers by providing liquidity. It’s worth noting this project is still in its early development stages. Nevertheless, it is advancing relatively fast, with the public presale for its $BANDIT token just around the corner. The much-anticipated event will take place on August 11 at 11…

UK Law Commission Says Crypto and NFTs Need Own Laws

The UK’s Law Commission calls on the government to formulate laws that exclusively govern the crypto and NFT spaces. Bloomberg reported on July 28, noting that the commission believes the current laws cannot adequately govern the burgeoning sectors. According to the report, the commission is requesting lawmakers to change laws regarding personal property to include data objects. The entity claims that implementing these changes would help courts decide ownership claims of tokens. Additionally, the commission believes these reforms can help…

Top NFT AR Projects to Follow during the Crypto Winter

The crypto market is experiencing one of its worst “winters” in its 12-year history. Some pessimistic voices claim it's all downhill from here. However, expert traders know that the future is not as bleak as it seems. On the contrary, new and innovative projects are still surfacing in the market, giving us a glimpse of how promising the new "crypto spring" will look. Sitting and waiting for the crypto winter to pass is gruesomely depressing. That’s why we put together…

Runnerland – An NFT-Driven Nostalgic Gaming Experience

Runnerland is a new game running on the BNB Chain, allowing users to fight, collect, and exchange items for real money. Fueling the game is a collection of rare NFTs enabling players to build and modify their characters into unique assets. Most importantly, gamers can enjoy a bit of action-adventure nostalgia as the game's universe mimics cult classics like The Legend of Zelda. This Runnerland review looks closely at the game’s features and blockchain-based utilities. Read on to discover its…

Minecraft Prohibits NFTs, Blockchain Usage on Game servers

The creators of Minecraft have announced new guidelines that prohibit the use of blockchain technology in connection with the game. In a post published on Wednesday, the studio voiced its disapproval of NFTs, citing their tendency to be “exclusive” and “scarcity-bound”. The Microsoft-owned studio, Mojang, stated that it made the decision for the security and enjoyment of its players. New "No NFTs" Guidelines The updated guidelines state that Minecraft does not permit the integration of blockchain technologies inside the game.…

World Cup Apes – Investing in Football is Now Everyone’s Privilege

World Cup Apes is a new collection of 5,000 unique and super rare 3D NFTs aiming to help everyone earn big from football. The most popular sport on the planet attracts over 3.5 billion people worldwide with daily matches and unrivaled entertainment. However, only around 100,000 people profit from the game. The rest have to sit back and watch the multi-billion-dollar behemoth increase to their expense. The good news is that this status quo may not last for too long.…

Fellaz Paves the Way for Web3 Entertainment Platform for Major K-pop Artists, Influencers, and Fans

Fellaz, a multi-chain Web3 entertainment ecosystem, announces the upcoming launch of their social media platform for artists and their fanbases. Through months of preparation, the Fellaz team has onboarded notable entertainers and pop stars from Korea, Japan, Southeast Asia, and the rest of the world. In preparation for their launch, the Fellaz team held an exclusive opening event, ‘Fellaz by the bay’ on July 14th at Sentosa Island, Singapore. The platform’s Chief Producer, Felix (BAYC#8169) hosted the event and many…

GameStop’s NFT Launch Begins Well, Accrues $3.5 Million in Two Days

GameStop's new Ethereum-based NFT marketplace has managed to accrue some impressive sales within hours of launch. This is despite the current harsh crypto market and the fact that Gamestop’s marketplace is yet in beta.  A Solid Beta Launch On July 13th, GameStop launched its NFT marketplace hosted on the Ethereum network. It has since seen transactions leading to a trading volume of over 3,167 ETH. This is equivalent to about $3.5 million in fiat. These reports are sourced from data…

Government Policies Force Tencent to Close its NFT Platform

As fiscal policies in China continue to impede crypto growth, Chinese tech conglomerate Tencent has closed down one of its two marketplaces for digital collectibles.  Monetary Laws Hinder Sales China’s long-running battle with digital currencies is common knowledge. Throughout last year the nation’s government progressively imposed measures that culminated in a blanket ban on cryptocurrencies in September. While NFTs aren’t prohibited in the same way, the regulators have made it clear that they have their reservations about them.  In the…

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