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According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital collectibles. Crocs
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“This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming and culture,” Nike President John Donahoe wrote in a blog post. “We’re acquiring a very talented team of creators with an authentic and connected brand.
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As the NFT market grows bigger and better with each passing day, new and innovative third-generation blockchain platforms have paved the way for the emerging blockchain gaming sector to leverage the power of non-fungible tokens (NFTs) to their full extent. Currently, the aggregate market capitalization of NFTs has crossed $63 billion,
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The staggered rollout comes more than a month after FTX.US’s largely underwhelming Solana-based NFT debut. Company officials who bet that Solana’s speed and low cost could best Ethereum, where most blue-chip NFT projects live, were “disappointed” by low user uptake, a source at FTX.US told CryptoX. Source
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The NFL partnered with Dapper Labs in September with plans to create its own NFT collectible marketplace on the Flow blockchain, similar to the company’s NBA Top Shot product. The marketplace was said to be released by the end of the season on Jan. 9. Original Source
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NFT gaming has exploded in popularity in recent times, despite the sector still being in its infancy. The market opens up a new frontier where crypto enthusiasts can enjoy an exciting gaming ecosystem while receiving rewards simply for participating in the metaverse. NFT-based games that integrate play-to-earn elements are among the
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Ant Group and Tencent have changed references of non-fungible tokens (NFTs) to “digital collectibles” on their platforms and sites, Chinese media Jiemian reported.So far, NFTs have not been included in the Chinese government’s rules against crypto trading and mining. However, state entities have warned against the use of NFTs for
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On Monday, the U.S. wing of Sam Bankman-Fried’s crypto empire said its new marketplace, FTX NFTs, will allow users to trade, mint, auction and authenticate Solana-based NFTs. It plans to soon support Ethereum NFTs, the home to the bulk of non-fungibles trading. Original Source
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On Tuesday, the fast food restaurant chain Burger King announced the company has launched a non-fungible token (NFT) campaign called the “Keep It Real Meals” initiative. The campaign is in collaboration with the NFT marketplace Sweet and will feature celebrities like Nelly, Anitta, and LILHUDDY. Six Million Meal Boxes With Burger
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sponsored With the trading volume and number of NFT projects always on the increase, it’s getting harder and harder to compete for users and bring innovative products to the market. One project is about to shake the NFT gaming and collectibles industry, setting the bar high for all market players.
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