Gaming retailer GameStop will stop supporting NFTs

GameStop (NYSE:GME) announced that users have just over two weeks left to access the NFT platform: Customers will no longer be able to buy, sell or create collectible tokens. However, current NFT holders will retain access to their tokens and will be able to sell them through other platforms.

The gaming retailer cited the uncertainty of industry regulation as the reason for closing the NFT trading platform. GameStop CEO Matt Furlong explained that the company remains optimistic about cryptocurrencies, but is now seeking to protect investors' funds from risks.
GameStop launched an NFT trading platform in July 2022. In December 2022, the company announced it would stop investing in cryptocurrencies after posting a net loss of $94.7 million in the third quarter. In addition, the company had to lay off employees from its digital assets department.

Let us recall that the Commissioner of the US Securities and Exchange Commission (SEC), Hester Peirce, has already called on the agency to clarify in what cases NFTs can be considered securities.
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L2 project Taiko launched final testnet

Ethereum's Layer 2 scaling solution project, Taiko, has launched the Katla (Alpha-6) testnet, which will lay the foundation for the mainnet.

“The main thing we are testing with Katla is Based Contestable Rollup (BCR), a customizable multi-evidence rollup design,” the team noted.

The developers presented the BCR concept in September 2023 at the TOKEN2049 conference in Singapore. It involves the use of a multi-evidence configuration with four levels.
L2 project Taiko launched final testnet

Additionally, Katla code supports EIP-4844 (proto-dunksharding). This feature is currently disabled. It is assumed that the update will be performed after the corresponding hard fork in the underlying Ethereum testnet Holesky.

In Katla, the developers have improved the bridge by fixing several bugs and also adding support for NFTs.
#NFTnews #NFTWorlds #NFTs.

Casio, a leading Japanese electronics giant, has rolled out its virtual G-Shock watches as a limited edition of Ethereum NFTs.
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The founder of OpenSea announced a new version of the NFT marketplace

OpenSea is working on updating the NFT platform to version 2.0, which will provide an improved user interface and improved asset differentiation. This was stated by the founder of the marketplace, David Finzer, in a conversation with Bloomberg.

It makes sense for the industry to move beyond focusing on sales numbers and treating tokens as mere collectible images, he said.

“One of the things we were most concerned about was not necessarily how to get the most volume, but rather how to create sort of the most compelling use cases for NFTs,” the OpenSea CEO said.

Over the past 30 days, the once undisputed market leader has lost in trading volumes not only to Blur, but also to the OKX platform, as well as Magic Eden.

But Finzer believes that “volume can sometimes be misleading,” as some marketplaces incentivize activity through rewards in their own tokens.

#opensea #Blur #NFTnews #NFTWorlds #NFTS

OpenSea will release the second version of the NFT market with a new interface

Once the leading NFT market in terms of trading volume, OpenSea is about to release the second version of its token trading platform with an updated interface.

OpenSea Director Devin Finzer announced that his company’s employees are developing the OpenSea 2.0 platform. According to him, after upgrading the platform, users will have additional opportunities related to searching and selecting suitable NFTs.

We want to make an interface that can be customized for certain methods of using tokens. For example, we are working on integrating an image of ticket tokens into the calendar with an option to sort by date,” Finzer said.

Over the past 30 days, NFT trading volume on OpenSea amounted to $105.7 million, placing the market in fourth place by this indicator. In first place is Blur, whose users bought coins worth $636.4 million. It is obvious that OpenSea management hopes to increase the competitiveness of the platform by releasing an update and return the company to the palm in the NFT market.

#NFTnews #NFTWorlds #NFT盗窃
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GameStop will close NFT platform due to regulatory uncertainty

American video game retailer GameStop has announced it is shutting down its non-fungible token platform due to uncertainty over crypto regulation.

NFT marketplace GameStop will cease operations on February 2.

“Your NFTs are stored on the blockchain. You will be able to access and sell them on other platforms,” the company said in a statement.

In August 2023, GameStop announced that its digital wallets would no longer be available on November 1st. According to Cointelegraph, the network also cited regulatory uncertainty in the crypto industry as a reason.

Let us recall that in December 2022, GameStop announced its refusal to implement initiatives related to digital assets after recording a net loss of $94.7 million in the third quarter.

#NFTnews #NFTMarketplaceInnovation #NFTB #NFTWorlds #NFTNYC2023
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🖥Microsoft, the publisher of Minecraft, has given the green light to integrate Worldcoin. However, access is restricted to individuals possessing a World ID—a digital proof-of-humanity passport that necessitates an in-person iris scan.

#NFTWorlds #NFT #NFTMarketplaceInnovation

Mobox will hold a token burn on January 20th

On January 20, Mobox will burn 101,982 MBOX tokens and 1,555,365 MEC tokens.

You can find more detailed information in the official MBOX tweet

MOBOX is a gaming platform that combines yield farming and NFT farming to create an ecosystem where you can play for free and earn money. The main goal is to connect different metaverses through NFTs, ensuring cross-game and cross-platform NFT compatibility. The project aims to increase the use of NFTs in games and develop real-time applications for digital assets.
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