The five most outstanding news from the world of non-fungible tokens (NFT) of this week just ended are explored.
Although things are not going well in the non-fungible token (NFT) market, there is still strong momentum. Next, we review the most interesting of the NFT sector during the week just finished.
Most of the problems arise in the area of art trade. Particularly, the matter centers between the artists and the most important commercial houses like OpenSea and Blur. These firms progressively push creator commissions toward limits close to zero.
However, in the world of technology adoption by large companies, things are going from strength to strength. In the midst of all this plot, some negative news was also seen.
FBI Alert on Scammers Disguised as Developers
This week, the US Federal Bureau of Investigation (FBI) alerted that criminals are hiding behind NFT projects. In this way, scammers would use the developer screen to seize cryptocurrency and other assets from their victims.
“The links provided in ads are phishing links that direct victims to a fake website that appears to be a legitimate extension of a particular NFT project,” the FBI warns.
Gala Games Launches Its Own Chain for Blockchain Collectibles
Another notable news this week is the consolidation of Gala Games in the world of NFTs. In that regard, the company announced on Monday that it would relocate its unsold NFT items from its games from Ethereum to its own GalaChain chain.
With this advance, players will be able to use in-game items without the need to pay Ethereum gas fees. The platform is committed to creating AAA gaming experiences focused on player ownership, specialized media reported.
Relationship between Leonardo da Vinci’s Salvator Mundi and Non-Fungible Tokens
Among the striking news this week for the world of NFTs, one related to Da Vinci’s Salvator Mundi work stood out. It is that the most expensive painting in the world now passes into the realm of non-fungible tokens. This painting attributed to the mentioned author was sold in 2017 for a cost of $450.3 million dollars.
Now, image licensing company Bridgeman Images is partnering with digital asset platform ElmonX to mint the token. According to the first of these companies, the alliance will allow several works that belong to it to be brought to the Blockchain, reported the ARTnews portal.
Grimes Did Better with Blockchain Collectibles Than in His Entire Artist Career
This week it was revealed that NFTs brought Grimes better earnings in a short period of time than during his entire career as an artist. The artist recently told Wired that she expects the market to gain strength again so that creators’ profits return.
In the year 2021, the Canadian-born artist, whose real name is Claire Elise Boucher, sold the War Nynph collection for around $6 million. Within that collection was a unique music video, which sold for $400,000.
Amazon Offers Non-Fungible Tokens to Mojo Melee and Blankos Block Party Players
One highly positive piece of news this week for the NFT world is related to the tech giant Amazon. Through its platform dedicated to collectibles, the firm announced the reward with these tokens to Mojo Melee and Blankos Block Party (BBP) players.
The NFTs available within these games can be traded profitably, which is the basis of the play-and-earn economy. In this way, the sector of collectibles minted on the Blockchain continues to gain traction in the business world.
By Audy Castaneda
