Weekly NFT Token Review: Here are the Highlights!

One of the prominent NFT token news of the week was the meeting of Snoop Dogg and Cardano founder Charles Hoskinson. Here are the other developments...
 Weekly NFT Token Review: Here are the Highlights!
READING NOW Weekly NFT Token Review: Here are the Highlights!

One of the highlights of this week’s NFT token news was Snoop Dogg meeting with Cardano founder Charles Hoskinson and promoting a new song with a Sandbox theme. Let’s take a look at what happened this week, from Opensea’s Solana integration to the Bored Ape Yacht Club discord hack.

Here is the NFT token news of the week

As we have reported as Kriptokoin.com, legendary hip-hop artist Snoop Dogg came together with Cardano for the latest NFT release and introduced his initiative. In a nutshell, Snoop Dogg featured clips from his property at The Sandbox in a recent music video for his song “House I Built.”

https://twitter.com/SnoopDogg/status/1509898029116973057

Binance founder and CEO Changpeng Zhao, with Fortune earlier in the month In an interview published earlier this week, he hinted about NFTs that some people may have missed the train. Zhao added that he still recognizes the true potential of NFTs and offers artists the opportunity to “reach a much wider audience.”

Former OpenSea employee Nate Chastain has parted ways with the popular NFT marketplace. He is now returning to the NFT market by building a platform called Oval. Oval is reportedly seeking $3 million in startup funding.

OpenSea opened the door to traditional payment methods with Moonpay to announce its intentions to support credit card and ApplePay payments. Visa and Mastercard cards will be supported, but the exact timing of support for these payment methods has yet to be announced. Additionally, there were reports this week that OpenSea will support Solana NFTs sometime this month. To date, Solana platform Magic Eden has been the leading NFT marketplace for Blockchain.

This week, Bored Ape Yacht Club, Doodles and many other leading NFT projects were hacked with poor execution. According to the BAYC Discord channel only one fell victim to a Mutant Monkey, but as recent news has shown, phishing sites are increasingly causing problems with NFTs.

Visa has launched a program focused on helping content creators build their businesses through NFTs. Visa will select entrepreneurs in fashion, music, film, art and more to help incorporate NFTs into their business models.

In the latest development in the NFT token market, the world’s first NFT restaurant called Flyish Club was opened. According to the announcement, there is a special membership system that can only be paid with crypto money. Flyish Club members will be able to attend special events and have the right to book a restaurant to open in New York in 2023.

Comments
Leave a Comment

Details
176 read
okunma33318
0 comments