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Posts published by “Philip Maina”

US Lawmakers Want to Ban Chinese Blockchains

Reading Time: 2 minutes US lawmakers have created a bill seeking to block government agencies and officials from interacting with blockchain projects with Chinese roots The lawmakers have mentioned Tether’s creator as one of the projects they’d like to block usage They’ve also expressed their suspicion about China’s heavy investment in blockchain technology The fear

OpenSea Sunsets On-chain Royalty Enforcement Tool

Reading Time: 2 minutes Popular NFT marketplace OpenSea has announced plans to shut down its on-chain royalty enforcement tool Operator Filter The decision will see the platform shift from compulsory to optional royalties OpenSea said the move was because the feature didn’t receive desirable uptake among creators Popular NFT marketplace OpenSea is changing how it

British Museum Planning NFT Collection

Reading Time: 2 minutes The British Museum has indicated plans to create an NFT collection with the help of metaverse project The Sandbox and French firm LaCollection The cultural institution will also develop a virtual space inside The Sandbox to add to its quest to birth immersive experiences for its visitors The museum wants to

Buyer Picks Up Free Gemesis NFT for $190,000

Reading Time: 2 minutes A free NFT from OpenSea Pro’s Gemesis collection was sold for close to $190,000 on Blur Some in the crypto space think it’s a wash trade The sale comes less than two days after OpenSea announced a new marketplace for professional traders A free collectible from OpenSea Pro’s free Gemesis NFT

Binance Introduces New Rules for NFT Collections

Reading Time: 2 minutes Binance has updated the rules on its NFT platform Existing collections with less than $1,000 in trading volume will be delisted NFT creators wishing to list their artworks on Binance NFT must complete KYC verification and have a following Binance NFT has introduced new rules requiring NFT artists to complete know-your-customer…

Unstoppable Domains Creates Cross-Platform Metaverse Identities

Reading Time: 2 minutes Web 3.0 domain creator Unstoppable Domains has partnered with Ready Player Me to create virtual identities portable across multiple metaverse platforms Ready Player Me, a virtual avatar developer will allow users to create their digital copies and use them as profile pictures on different metaverse platforms  Users can then link their…