Welcome to our weekly NFT recap! Every Monday morning, we’ll be bringing you the latest news and updates from the world of non-fungible tokens. From new drops and collections to exciting developments in the space, we’ve collected to bring you this recap. Here’s a look at some of the top stories from this past week.
Yuga Labs has announced the launch of an experimental NFT collection called “TwelveFold”. The collection, which will feature a maximum of 300 pieces, is described as a “base 12 art system localized around a 12×12 grid” and is a visual allegory for the cartography of data on the Bitcoin blockchain. Unlike past Yuga ventures, the pieces that make up the TwelveFold collection were crafted in-house by Yuga Labs’ art team using 3D modeling, algorithmic construction, and high-end rendering tools. Yuga has seemingly bypassed storage and financial constraints through the use of Ordinals Inscriptions.
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Magic Eden, an NFT marketplace, is launching a series of free mints of Web3 games during March. The launch, called “Mint Madness,” will include 13 games across Ethereum, Solana, and Polygon blockchains, all using NFTs for in-game capabilities. The games include titles such as Shrapnel and Planet Mojo.
Fox has renewed *Krapopolis* for a third season, although season one has not yet aired. The animated comedy, which follows a flawed family of humans, gods, and monsters attempting to run one of the world’s first cities, is NFT-affiliated. The Krapopolis team announced the renewal via Twitter on March 2, emphasizing that NFT holders can still engage with the show before it airs.
Binance has launched an AI-powered NFT generator called “Bicasso” that allows users to upload images or type creative prompts to generate unique NFTs. The beta launch saw 10,000 NFT mints in just 2.5 hours, with 9,909 owners creating at least one NFT. Interested users can sign up for the waitlist to experience the full version when it’s released.
Snoop Dogg and Sam Jones have launched Shiller, a live broadcast platform designed for web3 creators. The platform allows creators to monetize and connect with audiences through web3 technology and live, interactive video and audio streaming. Shiller provides a space for sharing passions and collaborating with others and allows creators to engage their followers and showcase art to the world. The app also allows for building a secure community using NFT ownership, making it the perfect platform for artists, creators, project owners, and enthusiasts alike.
There were several significant events in the NFT space from the past week, covering a diverse range of topics, from experimental art to gaming and TV shows. One notable trend is the increasing number of mainstream media entities embracing NFTs, such as Fox’s Krapopolis and Snoop Dogg’s Shiller platform. Additionally, we see continued innovation in NFT technology, such as Binance’s AI-powered NFT generator Bicasso and Bitcoin Ordinals. These developments demonstrate the growing acceptance and interest in NFTs across various industries, and we can expect to see further growth and experimentation in the future.
This is the Weekly NFT Highlights from Oxalus Insights, bringing you highlights from the NFT space.
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