In the multichain NFT platform space, Magic Eden has emerged as a significant player, continuously introducing innovative features. One of their latest additions is the LayerZero Bridge & Swap, a tool that enables the swapping of tokens across different blockchains. LayerZero is a cross-chain communication protocol designed to facilitate direct and trustless interactions between multiple
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On October 8, 2023, the Ethereum network experienced a significant decline in gas fees, with an average fee of 8.8 Gwei. This drop in fees had not been observed since October 2, 2022, when the average fee was 8.4 Gwei. The primary reason behind this decline can be attributed to a decrease in user engagement
The crypto industry is evolving at an astonishing pace, and with it, the need for comprehensive financial planning and tokenomics design has become increasingly critical for startups. Recognizing this demand, FinDaS, a prominent tokenomics consulting company, has recently unveiled three groundbreaking products that aim to revolutionize the way crypto startups navigate the complex world of
The Chinese state-run newspaper, China Daily, has recently made a groundbreaking announcement regarding its plans to establish its own Metaverse and NFT platform. This ambitious venture, backed by a budget of 2.813 million Yuan, aims to create a robust platform capable of managing an impressive volume of transactions. In addition to providing seamless digital collection
Yuga Labs, a well-known venture-capital-backed startup that has gained prominence through its Bored Ape Yacht Club and CryptoPunks NFT collections, has recently embarked on a significant restructuring process. This restructuring is aimed at optimizing the company’s operations and ensuring a stronger focus on its core strengths. While the exact number of layoffs remains undisclosed, the
Bitcoin, the leading cryptocurrency, has made its mark in the NFT (Non-Fungible Token) ecosystem. A recent report by Galaxy Research reveals that over the first 200 days since its launch, the Bitcoin network has witnessed a staggering 1.14 million image-based inscriptions. This number surpasses the total number of NFTs minted on other major blockchain networks
The Museum of Modern Art (MoMA) is set to launch an innovative program called “MoMA Postcard,” an interactive digital initiative that aims to foster collaboration and artistic exploration within the blockchain space. This visionary project encourages users to delve into the world of digital art creation on the blockchain, opening up new possibilities for artistic
Metacade, an innovative gaming platform driven by community engagement, has recently announced a strategic collaboration with Polygon Labs, a prominent player in Ethereum-scaling solutions. This exciting partnership is poised to revolutionize the gaming industry by boosting user acquisition, facilitating the development of new games, and accelerating the adoption of Polygon protocols among gamers and developers
Milady Maker, an NFT project known for its distinct and captivating artwork, finds itself amidst a storm of controversies, casting a shadow of doubt over its future. Launched in 2021 under the pseudonym Charlotte Fang, the true identity of the creator, Krishna Okhandiar, was recently revealed. Milady Maker gained significant attention for its collection of
NEOBRED, a revolutionary blockchain horse racing game, has recently joined the prestigious Chainlink BUILD program. This program acts as an incubator for emerging blockchain projects, offering invaluable mentorship and financial grants. By entering this program, NEOBRED aims to leverage the expertise and support provided by Chainlink to create a successful blockchain gaming platform. NEOBRED offers