Google is cautiously allowing Android app developers to add NFTs into their apps and games. It has worked on a new policy that will ensure NFTs are offered in a safe and trustworthy manner.
Non-fungible tokens RSS
The UK government and Royal Mint have abandoned plans to mint non-fungible tokens. The decision will be kept under review but was dropped for now following consultations between the two entities.
Meta has decided to shelve its work with NFTs and focus on other ways to help creators make money. It comes as the company tries to run a tighter ship to help it out in this worsening economy.
The Jack Dorsey tweet NFT, which originally fetched Dorsey $2.9 million, has refused to up its value. The current bid is not even remotely near the price Estavi paid to get his ownership tag on it.
Sina Estavi who bought Jack Dorsey's first tweet NFT in March last year, has seen the asset fall in value by a staggering amount. The latest offer is for 0.25 eth or $400, while Estavi paid $2.9m.
An NFT of former Twitter CEO Jack Dorsey's first tweet originally sold for $2.9 million in 2021. However, it now has a highest buy offer of only $29, which is a colossal drop of 99.9999%.
In an attempt to bring NFTs to a broader audience and to provide new monetization opportunities to its users, Instagram is testing digital collectibles with some U.S. creators and collectors.
In an effort to raise funds for the ongoing armed conflict, the Ukrainian government has indicated that it will 'offer' Non-Fungible Tokens (NFTs). The govt. has canceled plans to issue airdrops.
AMC and Sony will be giving 86,000 NFTs away to select customers who come and see Spider-Man: No Way Home on December 16. The event is going to be notable because AMC is the first cinema to do this.
Xbox chief Phil Spencer has shared his thoughts on the state of NFTs and blockchain in gaming, saying that the current implementations are experimental in nature and feel very exploitative.
