Decentralized finance project Aavegotchi is pushing back the mainnet launch of its non-fungible token digital collectible game due to high activity on the Ethereum blockchain. According to a Tweet from its team today, Aavegotchi will be postponing the Jan. 4 launch of its game in response to the “insanely high gas costs” and “extreme volatility” on Ethereum. The project also stated it will "most likely" migrate to the Matic Network — a smart-contract platform and layer two scaling solution for Ethereum. “Aavegotchi on L2 means no gas fees, faster transaction confirmations, and a great gaming experience," the project stated, adding …

Cointelegraph is the most widely read cryptocurrency publication in the world — but even though we’re proud of our words, sometimes a picture is worth a thousand of them. Over the past seven years, our talented team of illustrators and graphic designers has created a unique, instantly recognizable visual identity. Cointelegraph illustrations are part of the mythos and lore of cryptocurrency today, and the accessibility, humor and sheer exuberance of our images have helped draw countless numbers of crypto converts into the industry. For the first time, we’re offering our readers the opportunity to purchase some of our illustrators’ unmistakable …

Digital collectibles platform Terra Virtua announced Nov. 4 that it had completed a $2.5 million private funding round, attracting support from funds such as Woodstock, NGC Ventures, and AU21 Capital. The investment raised will be used to further develop what the company describes as the first “mass-market” nonfungible token, or NFT, ecosystem. Aside from being a marketplace for provably rare digital collectibles, the platform has a strong focus on the social side of the fandom scene. As such it provides a number of customizable virtual spaces where users can show off their digital collections of NFTs, including in-game items, artworks, …

Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to prove the authenticity and ownership of digital items, which had proven difficult until the advent of blockchain technology. Through blockchain technology, digital assets can have unique identifiable attributes that make them rare and irreplaceable. On NFT marketplaces such as OpenSea, a multitude of projects are at work producing all sorts of creative and transferable NFT items. …

Coincheck, one of the largest cryptocurrency exchanges in Japan, is expanding its push into non-fungible tokens, or NFTs, with a new partnership with the developer of CryptoKitties. According to an Oct. 6 announcement, Coincheck has partnered with Dapper Labs, which developed one of the world’s most popular decentralized applications launched on the Ethereum blockchain. Coincheck said that the new partnership will bring NFTs to a mainstream Japanese audience by providing exposure to millions of its users. Coincheck plans to integrate the CryptoKitties app into its upcoming NFT marketplace. The exchange is also considering implementing the Dapper Labs-founded Flow blockchain, which …

Ethereum-based sports tokenization platform Chiliz has partnered with the Ultimate Fighting Championship (UFC) to allow fans to use CHZ tokens for experiences. According to a May 7 announcement from Chiliz (CHZ), the platform plans to make their blockchain-based app Socios available to UFC fans. Using Chiliz’s signature CHZ coin, fans can exchange tokens on the platform for tickets to UFC events, experiences, and related rewards. Image courtesy of Chiliz Speaking to Cointelegraph, Chiliz CEO Alex Dreyfus said the partnership wasn’t strictly about buying tickets, but giving fans a voice: “The idea is that (before the pandemic) 99.9% of sports fans, …

Dapper Labs, the company behind the blockchain-based game CryptoKitties, has entered into a partnership with the National Basketball Association (NBA) enabling them to create collectible digital tokens in Brazil. According to the March 24 edition of the Intellectual Property Magazine of Rio de Janeiro, Dapper Labs now has the rights to use NBA branding — including photos of players and games — for its collectibles in Brazil. The program, called “NBA Top Shot”, will allow basketball fans to have more interactions with their favorites by using these engagement tokens linked to games and player contracts. This isn’t the first time …

A Doge-themed non-fungible token (NFT) now appears to comprise the most valuable ERC-1155 in existence. The NFT is backed by over 1,155,777.1 Enjin (ENJ) — worth approximately $129,000 at the time of writing. The NFT, “It’s good to be the King,” was minted on March 1 and pays homage to the meme-inspired DOGE cryptocurrency depicting the well-know Shiba Inu donned with a regal crown and staff. ‘It’s good to be the King’ ERC-1155: Enjix The token’s name appears as though it may be aimed in jest at the now-second-most valuable ERC-1155, The Monolith, which is backed by 1,155,777 ENJ — …

Dapper Labs, the company behind CryptoKitties, has announced a partnership with leading mixed martial arts promotion Ultimate Fighting Championship (UFC). According to a press release on Feb. 25, the partnership will see the development of “a new digital experience” for UFC fans, including opportunities to own, maintain, and trade UFC-branded collectibles on Dapper Labs’ Flow platform. Dapper Labs to launch Flow this year Flow is Dapper Labs’ forthcoming blockchain project, which the firm describes as a developer-friendly platform for building blockchain apps, games and digital assets. The company will launch Flow before 2021, with the development of UFC collectibles starting …

A new initiative aims to make game creation and creative projects on the blockchain simpler for a wider community. Today, Feb. 18, blockchain startup Enjin launched its gaming and digital collectibles creation platform on the Ethereum mainnet. Platforms such as Enjin’s consider that the blockchain can and should be used for purposes beyond currency and value transfer. Commodities such as video games, digital art and even memes can be tokenized and monetized, circulating in a peer-to-peer community using blockchain technology. For this kind of ecosystem, a unique but tradeable blockchain asset — known as a non-fungible token — can be …

Microsoft’s blockchain-enabled cloud platform Microsoft Azure announced the “Azure Heroes” blockchain non-fungible tokens (NFT) aimed at rewarding its developer community. The tokens represent cartoonish badgers (a play on the word “badge”) and aim to compensate positive behavior in Azure’s community. Each badger has a limited supply ranging from just 100 units to 10,000, Microsoft announced on Dec. 4. The firm said: “Azure Heroes aims to reward individuals for verifiable acts of impact such as coaching, creating demos, building sample code, blogging about Azure or completing certain challenges. Community members that have demonstrated their contributions will be recognised with badges across …

Microsoft, major game developer Eidos and gamebook firm Fabled Lands are jointly developing a blockchain card game based on a 1980s best-selling gamebook. According to a press release published on Dec. 1, the new card game will be based on the 1980s best-selling book called “The Way of the Tiger,” written by Jamie Thomson and Mark Smith. The game’s title will be “Arena of Death” and its players will fight in fantasy-themed card battles with features from the original gamebook series. Ensuring card ownership Thomson is also Fabled Lands’ chief executive officer and decided to use blockchain technology because he …