Tag: erc721

ERC-721 Tokens Power Unique Digital Assets in the Metaverse and Beyond

ERC-721 Tokens Power Unique Digital Assets in the Metaverse and Beyond

ERC-721 tokens are the core of the NFT ecosystem Ethereum and many other blockchains have given rise to. They democratize accessibility to creative expression by providing new avenues to artists. In March 2018, Ethereum Improvement Proposal (EIP) 721 officially recognized this token standard. This enables development and use of a...

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Pudgy Penguins Soar High with Innovative Web3 Strategies and Cross-Chain Expansion

Pudgy Penguins Soar High with Innovative Web3 Strategies and Cross-Chain Expansion

Pudgy Penguins began their lives as a flock of 8,888 cartoon penguin NFTs on the Ethereum blockchain. Today, it has evolved into a massive Web3-native cultural phenomenon, testament to the power of brand-driven NFT utility and cross-chain adoption. These NFTs soon gained popularity as coveted social media profile pics (or...

Forexus NFT Collection Sells Out on Rarible, Generating 4,000 ETH via MegaETH Layer 2

Forexus NFT Collection Sells Out on Rarible, Generating 4,000 ETH via MegaETH Layer 2

With the launch of the Forexus NFT collection, Forexus recently sold out on Rarible in less than 24 hours, creating more than 4,000 ETH in volume. This big quick sell-out further shows the need for Forexus’ distinct mix of photorealistic, 3D artistry with a Web3-inspired visual aesthetic. This project’s success,...

Forexus' "Brass Coin" NFT Collection Sells Out Rapidly on MegaETH Testnet

Forexus' "Brass Coin" NFT Collection Sells Out Rapidly on MegaETH Testnet

Forexus, a 3D artist based in Ecuador, is well-known for his photorealistic artwork and chaotic aesthetic on Web3. Last accepted offer for his “Brass Coin” non-fungible token (NFT) collection, which sold out within minutes of its public phase launch on the MegaETH testnet. The project earned more than 4,000 ETH...

GameSquare Invests $5.15 Million in Rare CryptoPunk NFT Amidst Renewed Market Interest

GameSquare Invests $5.15 Million in Rare CryptoPunk NFT Amidst Renewed Market Interest

GameSquare, the leading esports and gaming company, has taken a brazen leap into the NFT landscape. They purchased a super rare CryptoPunk for an eye-popping $5.15 million. This purchase, acquired with preferred shares, further highlights the company’s continued strategic interest in Ethereum and digital assets. The NFT market is currently...

NFT Market Shows Signs of Revival with Strategic Investments and Innovative Yield Strategies

NFT Market Shows Signs of Revival with Strategic Investments and Innovative Yield Strategies

NFTs are back in the news today with the launch of an NFT-native treasury firm that aims to earn yield on CryptoPunks. GameSquare’s purchase of Cowboy Ape #5577 CryptoPunk for $5.15 million has been largely credited with starting this revival. This strategic investment establishes a precedent for other corporations to...

Takashi Murakami Blooms on Base with "108 Flowers Revised" NFT Collection

Takashi Murakami Blooms on Base with "108 Flowers Revised" NFT Collection

Takashi Murakami, the Japanese contemporary art phenomenon, is bringing his “108 Flowers Revised” NFT collection to life. Like Base itself, it’ll be released on the Base blockchain. This move is a huge step in bridging the old art establishment with the innovative technology that Web3 offers. The July 31 launch...

Oh Whale Debuts NFT Collection to Benefit Ocean Conservation

Oh Whale Debuts NFT Collection to Benefit Ocean Conservation

Oh Whale has officially launched its first NFT collection, Oh Whale Originals, now live on OpenSea. This ocean-themed initiative pairs beautiful, collectible digital art with real-world support for ocean protection. While fostering appreciation for Big Bend, the project’s ultimate goal is to create distinctive digital assets that help establish a...

PENGU Token Soars, Propelling Pudgy Penguins to Top NFT Tier

PENGU Token Soars, Propelling Pudgy Penguins to Top NFT Tier

Even PUDGY, the native currency of the Pudgy Penguins ecosystem, has exploded. In fact, it has soared by an incredible 385% in just over the last five weeks alone! This boom has catapulted Pudgy Penguins into the 2nd-largest NFT ranked by all-time sales volume. According to TradingView’s data, PENGU has...