Non-fungible tokens (NFTs) were all the rage during the 2021 cryptocurrency bull market, and now food firms are experimenting with how NFTs and other internet-based technologies may improve their operations.FoodIngredientsFirst investigates the applications of NFTs, digital financial securities built from records of transactions kept in a distributed ledger called a…
The U.S. Securities and Exchange Commission (SEC) has revealed a global cryptocurrency scheme that defrauded retail investors of $300 million. 11 people have reportedly been arrested for scamming investors as part of a cryptocurrency pyramid and Ponzi scheme through the development and marketing of the "Forsage" website, according to SEC…
NFT sales have significantly declined due to the current crypto dip and the overall crypto market. Statistics from the NFT aggregation website CryptoSlam show that July's secondary NFT market sales were $650 million, a 25% decrease from June's totals. NFT sales have consecutively fallen short of $1 billion for the…
After forming a partnership with Tiffany & Co., one of the oldest NFT projects, CryptoPunks has seen a 24-hour sales volume growth of over 248 percent. Tiffany & Co. Joins the NFT World The previous day, the CryptoPunk collection reportedly sold 1,279 ETH, or approximately $2.16 million, according to CryptoSlam.…
Tiffany & Co. has disclosed the sale of 250 diamond and gem-encrusted pendants to holders of CryptoPunk non-fungible tokens (NFT). Besides, the handmade CryptoPunk pendants are priced at 30 ETH, or approximately $50,600, as announced by the jewelry firm on Twitter on July 31. Tiffany & Co to transform CryptoPunk…
The opening of a virtual reality classroom via the Metaverse will take place on September 1 at the Hong Kong University of Science and Technology (HKUST), according to an announcement. The launch marks the beginning of HKUST's strategy to advance participatory learning by creating MetaHKUST, a virtual school in the…
According to a Singaporean government minister, legal marriage ceremonies, court case disagreements, and government services may one day be made available in the Metaverse.Edwin Tong, Singapore's second minister for law, asserted at the TechLaw Fest 2022 on July 20 that even highly personalized, private ceremonies like the solemnization of marriages…
A well-known American company is now coming into Web3. The nation's top iced tea brand, Twisted Tea, is collaborating with Web3 platform Sesame3 to launch its maiden NFTs project. The final surprise is that the first NFT will be given away to a superfan whose image will appear on the label of…
The UK Law commission will include NFT and cryptocurrency The UK government has requested its independent statutory authority for legislation to investigate how England and Wales' property rules might apply to digital assets because many nations haven't known how to regulate cryptocurrencies.Furthermore, the UK Law Commission recommended on Thursday that…
Content marketing is a marketing technique employed to attract, engage, and expand an audience. It involves creating and sharing videos, articles, podcasts, etc., on several online platforms. It's an approach that establishes expertise and keeps brands and businesses on the customers' minds while promoting brand awareness. Content Marketing – What…