The original “I Can Has Cheezburger?” meme has become the latest symbol of popular culture to be immortalized as an NFT. The meme’s creator, Eric Nakagawa, announced his foray into a series of lolcat NFTs on Feb. 23. “Happy Cat” — the crown jewel of Nakgawa’s NFT release — is being auctioned on NFT marketplace OpenSea, with the highest bid currently sitting at 0.25 ETH. Cool to see all the most important internet history becoming NFTs https://t.co/EclycEXupY — Micah Baldwin (@micah) February 22, 2021 The 10 piece series, titled “No Fries Today,” comprises early lolcat memes and meme-inspired artwork. Some …
British auction house Christie’s has announced the auction of its first ever “purely digital work of art." Announcing the news Tuesday, Christie’s said that the nonfungible token artwork will be issued in partnership with major NFT marketplace MakersPlace. Dubbed “Everydays: The First 5000 Days,” the piece was created by Mike Winkelmann, who goes by the name "Beeple." According to the official page of the NFT auction, the starting price for the work, which interested parties can bid on from Feb. 25 until March 11, is just $100. “Minted exclusively for Christie’s in February 2021, this monumental digital collage marks the …
On September 25, OpenBazaar announced that their platform would likely shut down due to financial difficulties, stating that user growth and adoption had stalled. According to a tweet published on Open Bazaar’s official Twitter account, a mysterious donor has since agreed to cover the cost of the marketplace’s operations through the end of the year. While the exact amount of funding provided was not disclosed, OpenBazaar’s donation wallets have received over $13,000 as of publication. These funds came in the form of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other crypto donations. With its first beta released in 2014, OpenBazaar …
Tokyo-based crypto startup Yiedl has announced that it will launch a non-custodial peer-to-peer, or P2P, mortgage and rental market for non-fungible tokens, or NFTs. Speaking to Cointelegraph, Yiedl founder and chief executive Kohshi Shiba asserted that the platform will support a myriad of tokens as most real-world assets are tokenized. “For assets that have persistent external utility, I believe NFT is an appropriate token form,” Shiba stated, listing subscription rights, decentralized autonomous organization, or DAO, memberships, and intellectual property rights, and in-game items as examples of assets that will see increasing tokenization. Yiedl to facilitate NFT-collateralized mortgages Yiedl will comprise …
A peer-to-peer Bitcoin marketplace that offers more than 300 ways to buy Bitcoin has announced it is being integrated into BitMart, a global digital asset trading platform. Paxful enables its users to purchase Bitcoin using bank transfers, debit cards, online wallets like PayPal and an array of gift cards — including well-known brands such as Amazon, iTunes, Google Play and Steam Wallet. Many of these payment methods enable consumers to access the cryptocurrency instantly. The platform has now entered into a joint venture with BitMart, a digital asset trading platform with a global user base of more than 700,000 people, …
A project called Nasdacoin is planning to open a new online marketplace where users can buy and sell products, as well as services to each other, directly using the company’s cryptocurrency as a payment method. The new multilateral platform is to be launched on Oct. 30, 2018, when the final testing is completed. The platform features will include geolocation, which means it will display ads for the services that are relative to where the user is located. The team has also decided to integrate blockchain technology with gambling. The company is planning to launch its own casino in January 2019. …
An established company in the mobile finance sector is developing a platform which eliminates fiat money from the process of acquiring and spending cryptocurrency – with a peer-to-peer marketplace where physical goods can be bought and sold in an instant. Ubcoin Market has the ambition of becoming “the world’s first truly efficient alternative to crypto exchanges” – harnessing the familiarity of marketplaces, such as eBay and Amazon, while removing the technical and legal hurdles associated with using and investing in cryptocurrencies. The platform argues that “there is still no easy way to acquire crypto” for the millions of people who …
An upcoming ecosystem hopes to create a suite of services that will make it easier for cryptocurrencies to be used in everyday life – including professional bookkeeping, legal, and accounting services to protect a user’s interests. MillionCoin says its platform is geared towards investors who are interested in crypto but don’t necessarily have in-depth technical knowledge about how it works. Users would be able to exchange cryptocurrencies effortlessly and perform payments quickly while limiting the fees associated with their transactions. All deposited funds would be audited to reduce the chance of fraudulent activity. The beating heart of the ecosystem would …
Walmart has filed a patent for a blockchain-based marketplace for reselling purchased products, according to a US Patent and Trademark Office USPTO patent filing from May 17. The application describes a service that would record a customer’s purchases in a blockchain ledger, thus allowing the customer to resell the items on a sales platform using the record of purchase. The patent notes that since customers don’t always plan to use an item for its lifespan, and are generally “left to their own devices to arrange for a subsequent resale,” the architecture described in the patent can provide “additional support to …