NFTs2Me Launches on Shardeum EVM Mainnet to Empower No-Code NFT Creation

Shardeum, India’s leading EVM L1 blockchain built for speed and decentralization, has announced that NFTs2Me, one of the most popular decentralized applications (dApps) on the Shardeum EVM testnet, is now officially live on the Shardeum EVM mainnet.

The integration enables creators, developers, and communities to design, deploy, and manage NFT collections on Shardeum without writing a single line of code. After a highly successful testnet phase that saw over 18,000 NFTs minted from limited collections, NFTs2Me is now opening the doors for everyone to unleash their creativity on-chain.

With NFTs2Me’s integration on the Shardeum mainnet, anyone can now build NFT projects directly on-chain from community badges and digital art to collectibles and generative experiments in just a few clicks.

Users can choose from a variety of collection types, including:Editions: A single artwork available as one or multiple copies.
Drops: Multiple unique artworks, each with its own media file per token.
Generative Art: Automatically generates distinct NFTs by layering various artwork elements.

The no-code platform manages everything from smart contract deployment to minting and metadata while Shardeum’s low-cost, high-speed, and scalable smart contract network ensures a seamless experience for all users.

NFTs2Me’s mainnet launch represents another milestone in Shardeum’s growing ecosystem of decentralized applications focused on accessibility and community empowerment. By simplifying NFT creation, NFTs2Me lowers the entry barrier for artists, developers, DAOs, and brands looking to explore Web3 creativity.

Nishchal Shetty, Co-founder of Shardeum, said, “NFTs2Me has already proven its value to the community during its testnet phase,” said a Shardeum spokesperson. Its no-code NFT creation model perfectly complements Shardeum’s mission to bring decentralization, scalability, and inclusivity to everyone building on Web3.”

Nicolas, Co-founder of NFTs2Me, said, “Our mission at NFTs2Me has always been to make NFT creation simple and accessible to all. Integrating with Shardeum’s EVM mainnet allows us to offer creators a fast, affordable, and truly decentralized environment to build in. We’re thrilled to empower a new wave of artists, brands, and communities to express themselves on Shardeum.”

Creators can now start experimenting, collaborating with friends, or launching full-fledged collections for their projects, DAOs, and communities.

Every NFT collection contributes to the vibrant, decentralized creative ecosystem taking shape on Shardeum. Whether it’s your first NFT drop or your next generative masterpiece, the stage is set for you to create on Shardeum EVM mainnet.

Massive Metaverse Bet: Billionaire Acquires 5,000+ NFTs from Yuga Labs

Crypto billionaire and scrap-metal magnate Adam Weitsman has made a bold move in the NFT space, acquiring over 5,000 NFTs directly from Yuga Labs, the creators of Bored Ape Yacht Club and Otherside.

For an uninitiated, Adam Weitsman is a billionaire entrepreneur, philanthropisr, investor, and founder of Viridium LLC, a cryptocurrency mining company. Adam is best known for transforming a family scrap metal business into one of the largest privately owned recycling empires in the U.S. He’s now making waves in the crypto and NFT space. 

Key Highlights:

• NFTs Acquired: Otherdeeds, Mega Kodas, and Weapon Kodas from the Otherside metaverse collection.
• Deal Type: OTC (Over-the-Counter) transaction directly with Yuga Labs.
• Strategic Intent: Weitsman plans to lock the NFTs for years, signaling long-term commitment to the Otherside ecosystem.
• Market Impact: The Otherside collection’s floor price surged to 0.19 ETH, its highest in a month.
• Yuga Labs Shift: The company recently sold off IPs like CryptoPunks and Moonbirds to refocus on Otherside’s development.

Why It Matters:

Yuga Labs is betting big on gamified metaverse experiences, and Weitsman’s investment could be a turning point in reviving interest in Web3 gaming. The Otherside platform blends MMORPG mechanics with NFT ownership, aiming to create a “metaRPG” where players own the world.

On this NFT investment, Adam Weitsman said:

I’m making a long-term investment in Otherside… I’ve committed to making a series of acquisitions on the open market this year.

Greg Solano (Yuga Labs Co-founder), said “

Grateful to have Adam double down as a partner and builder for this next phase of Otherside.

Yuga Labs is a blockchain technology and digital asset company based in Miami, Florida. It’s best known for pioneering some of the most iconic NFT collections and pushing the boundaries of Web3 culture, including Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Otherside, a gamified metaverse platform blending MMORPG elements with NFT ownership.

India’s NFT Market Defies Global Downturn: Trends, Data, and Future Prospects

While the global NFT market faces declining valuations and lower user engagement, India’s NFT sector is defying the trend withsteady adoption across gaming, digital collectibles, and real-world applications.

A significant example of this is Indian Railways issuing NFT-based train tickets for the MahaKumbh Mela in January 2025. This marks a significant step in India's blockchain adoption, showcasing how NFTs can be used beyond collectibles and gaming.

Let’s explore how India’s NFT ecosystem is evolving while the global market struggles.

Global NFT Market: A Declining Trend

Over the past six months, the global NFT industry has seen a significant contraction, largely due to waning speculative interest and regulatory uncertainties.

Key Global NFT Market Data (Last 6 Months)

• Total NFT sales volume fell from $608.6 million in December 2024 to $468 million in May 2025, marking a 20% decline.
• Average revenue per user (ARPU) dropped from $162.10 in late 2024 to $59 in mid-2025.
• Ethereum-based NFT transactions decreased by 15%, with total sales reaching $142 million in May 2025.
• OpenSea’s trading volume shrank by 30%, showing reduced investor activity.

Reasons for the Global Decline

• Speculative Bubble Burst – Early investors were focused on flipping assets, but declining resale values have discouraged new buyers.
• Regulatory Pressures – Stricter regulations in the EU, China, and the U.S. have led to NFT marketplace restrictions, reducing liquidity.
• High Transaction Costs – Gas fees on Ethereum remain a key barrier, especially for smaller investors.
• Market Saturation – Oversupply of NFTs, particularly in the digital collectibles space, has diluted their perceived value.

India’s NFT Market: A Rising Trend

Despite the global downturn, India’s NFT market has remained resilient, showing consistent user engagement and adoption across various sectors.

Key Indian NFT Market Data (Last 6 Months)

• India’s NFT revenue is projected to reach $77.5 million in 2025, marking a 5% increase from late 2024.
• Active NFT users in India grew from 1.32 million in December 2024 to 1.45 million in May 2025.
• Gaming NFTs saw a 12% increase in adoption, particularly within fantasy sports and play-to-earn models.
• Bollywood and cricket NFTs continue to drive engagement, with celebrity-backed collections gaining traction.

Indian Railways’ NFT Ticketing Initiative

A notable development in India’s NFT space was the issuance of blockchain-based train tickets for the MahaKumbh Mela. In January 2025, Indian Railways partnered with Chaincode Consulting to mint tickets as NFTs on the Polygon blockchain.

Why This Is Significant:

• Enhances transparency – Blockchain-based tickets ensure authenticity and prevent fraudulent resale.
• Scalability – Polygon’s low-cost transactions make NFTs viable for large-scale public use.
• Real-World Use Case – Moves NFTs beyond collectibles into practical applications like transport and identity verification.

Why India’s NFT Market Is Growing While the Global Market Declines

India’s NFT sector thrives due to utility-driven adoption rather than speculation.

Factors Driving Growth:

• Practical Use Cases – NFTs are integrated into gaming, ticketing, digital identity, and asset tokenization, making them more relevant.
• Lower Entry Barriers – Indian platforms offer affordable minting and trading, catering to a wider audience.
• Gaming and Metaverse Expansion – India’s blockchain gaming sector is booming, with fantasy sports and play-to-earn models driving NFT adoption.
• Regulatory Flexibility – India’s wait-and-watch approach enables innovation, whereas global markets face heavy restrictions.
• Cultural Integration – Bollywood, cricket, and regional creators are expanding the NFT ecosystem beyond traditional tech users.

Conclusion

India’s NFT market is defying global trends by emphasizing utility, affordability, and cultural relevance. While the global market struggles with regulatory hurdles and declining investor interest, India is seeing steady adoption driven by gaming, real-world applications, and innovative blockchain initiatives like NFT ticketing.

NFT Unit of SoftBank-Naver JV LINE NEXT Secures $140 Mn from Peter Thiel-backed Crescendo Equity Partners

Investment marks the largest in Asian blockchain and Web3 industry this year

Investment is led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm, citing LINE’s strategies and vision for Web3 popularization

LINE NEXT Corporation., the NFT unit of a joint venture between SoftBank and South Korea-based Naver which is dedicated to developing and expanding the NFT ecosystem, announced that it has secured a USD140 million investment from a consortium led by the private equity firm Crescendo Equity Partners (“Crescendo”).

The investment represents the largest funding round in the Asian blockchain Web3 industry for this year. With the raised funds, LINE NEXT aims to expand its global business and develop new services as part of its plan to popularize the Web3 ecosystem.

First up, LINE NEXT plans to officially launch its global NFT platform DOSI in January 2024, offering a digital marketplace where a wide range of digital products can be traded. Integrating with Japan’s NFT marketplace LINE NFT, DOSI will be offered as a mobile app to users around the world. In addition, LINE NEXT will provide new solutions to help services and brands give ownership directly to existing digital products and trade them, making it easier to introduce Web3 to their services.

With this investment, LINE NEXT also plans to introduce new services to further accelerate Web3 popularization. These include introducing a social app that allows users to communicate based on the characters they made utilizing AI technology and launching new Web3 games utilizing BROWN & FRIENDS characters that anyone can enjoy.

LINE NEXT plans to build these services based on the public blockchain Finschia, and LINE NEXT and Crescendo will participate in the Finschia Foundation as governance members, contributing to the expansion of its ecosystem.

Crescendo, sponsored by Peter Thiel, co-founder of Palantir Technologies, invests with exceptional sector expertise and access to well-established “tech-ecosystem” consisting of both local and global networks. Crescendo focuses on discovering small to mid-cap technology companies and developing them to become global champions.

"LINE’s global competitiveness and its vision to lead Web3 services were the investment thesis," said Kevin Lee, the managing partner of Crescendo. He added that “We hope to build a standard for Web3 apps that general users can easily use and adopt blockchain to all sorts of services and brands of Web2.” 

"It is significant that we were able to secure this funding in the context of a globally contracting investment environment," said Youngsu Ko, CEO of LINE NEXT. "We plan to use this opportunity to further popularize Web3 and develop a new service ecosystem where users own the value of their digital goods."

LINE NEXT has been at the forefront of Web3 popularization through a range of global services based on DOSI. It currently has 5.5 million users worldwide and more than 470,000 cumulative transactions, continuing its rapid growth just one year since beta service began.

Based in Korea, LINE NEXT Corporation is focused on Web3 business strategy and planning. With a subsidiary in the U.S operating the global NFT platform business and an office in Japan, LINE NEXT aims to develop the Web3 ecosystem and popularize it for all. 

CRESCENDO EQUITY PARTNERS LIMITED ( referred as "Crescendo" in this article) is a technology focused private equity firm sponsored by Peter Thiel, co-founder of PayPal and Palantir Technologies. Crescendo mainly invests in companies with high growth potential with exceptional technologies. Target sectors include traditional B2B hardware sectors such as semiconductors and parts and materials, as well as software sectors that are new growth engines such as IT security and factory automation. As of November 2023, assets under management reached about 1.8 trillion won. (Based on the cumulative committed amount)

Disney Launching A Digital Collectibles (NFT) Marketplace of Disney, Pixar and Star Wars Characters

After first launching its digital Collectibles with Cryptoys earlier this year, Disney has partnered with Dapper Labs, a blockchain & Metaverse firm, to launch its own digital Collectibles marketplace, named as — Disney Pinnacle.

With Disney Pinnacle, Disney will bring officially licensed, collectible Pins on-chain.

Be the first to chase, collect and trade digital pins featuring characters you love. Only on Disney Pinnacle. 💫

Join the waitlist at https://t.co/VCeadWRHTU! 🌟 pic.twitter.com/GQa084CkW4

— DisneyPinnacle (@DisneyPinnacle) November 14, 2023

Launching publicly later this year on the Apple App Store for iOS, Disney Pinnacle connects fans around the globe together as they collect, trade, complete challenges, and showcase their love of beloved characters from the worlds of Disney, Pixar, and Star Wars through unique collectible digital pins.

Operated by Dapper Labs, an official licensee of Disney, Disney Pinnacle, the socially driven NFT Marketplace, will bring together characters from 100 years of Disney, along with beloved icons from Pixar as well as heroes and villains from the Star Wars galaxy, uniquely styled as collectible and tradable digital pins.

As fans collect and trade verified, authentic, digital collectibles in Disney Pinnacle’s environment, they are instantly able to share their love for iconic characters across their networks. It also enables them to carry their new collectibles with them wherever they go. With each collectible containing its own pin collectible trading journey, fans are also able to build their own unique collections anywhere, from their phones.

“Disney Pinnacle is an all-new product designed from the ground up to incorporate everything we’ve learned over the past few years,” says Roham Gharegozlou, co-founder and CEO of Dapper Labs. “Fans anywhere will be able to collect dynamic pins on their phone and trade instantly and securely with each other no matter where they are in the world.”

Disney Pinnacle is built on Flow, a permissionless layer 1 blockchain & Web3 ecosystem. Many NFTs are presently in the Ethereum ecosystem. However, there is a strong case for Flow blockchain as a reliable and developer friendly platform for NFTs.

Earlier this year in May, Disney announced a partnership with Cryptoys to sell limited-edition NFT-based digital toys of Luke Skywalker, Princess Leia, and Darth Vader.

The Walt Disney Company, which is yet to make a big foray into crypto, had advertised a job opening last year, for a transaction lawyer to explore emerging technology opportunities. Consumers can buy Cryptoys Star Wars NFTs powered by Dapper Labs' Flow blockchain with Apple Pay and Google Pay worldwide.

PayPal Files Patents for NFT Marketplace, Omniverse and More

Fintech giant PayPal has filed multiple patent applications including the transfer and trading of Non-Fungible Tokens (NFTs), both on and off-chain, within its network.

NFT Marketplace

According to one of the four patent applications, which were filed on March 21, 2022, but only made public on September 21, the system enables “off-chain transaction via an NFT marketplace,” and will allow users to transfer NFTs in their possession to other users on the PayPal.

According to the abstract included in the patent application, “A plurality of digital wallets associated with a service provider are provided with access to the NFT marketplace. The NFT marketplace corresponds to a decentralized blockchain associated with an entity that is different from the service provider.”

Going forward, a decentralized autonomous organization tied to the service provider might be leveraged to enhance NFT liquidity on a dedicated platform.

In addition, fractionalized NFT purchases could also be a possibility of PayPal's proposed NFT ecosystem described in the patent application.

Selection of Validators in  Decentralized Cryptographic Network

In an another patent, PayPal pending patent mentions how validators or miners should be selected during the process of adding transactions to the blockchain. The document states that the company’s disclosed techniques could “advantageously allow steering of blockchain requests to a desired subset of miners/validators.”

The pending patent application discuss techniques relating to selection of miners/ validators in a decentralized cryptographic network. It further says, "In some embodiments, a request to add a transaction to a blockchain includes a cryptographic signature associated with provision of a second transfer fee, in addition to a first transfer fee, to miners/validators who meet a set of one or more criteria. The techniques may advantageously allow steering of blockchain requests to a desired subset of miners/validators.

Omniverse 

The third patent filed by PayPal delves into the concept of a so-called omniverse, which in this context suggests a product that deals in multiple metaverses. PayPal says it developed an “online transaction processor” that would provide recommendations for which digital assets a user should buy based on the user’s blockchain preferences and which metaverses they interact with most.

In early August, PayPal also announced its new dollar-backed stablecoin, PayPal USD ($PYUSD), which marked the first time a major U.S. financial company created this type of digital asset.

Later in the same month, PayPal updated its terms and conditions to introduce its new ‘Cryptocurrencies Hub’ feature, which allows users to hold and interact with Bitcoin and cryptocurrencies through their PayPal account.

Online Transaction Processor

The fourth patent filed, and in pending stage, describes another conceptual online transaction processor. The patent application's abstract mentions, "An online transaction processor may provide operations for digital asset recommendations and processing in one or more metaverses. The online transaction processor may determine digital assets available to a user in one or more digital wallets, as well as interactions by the user in one or more metaverses."

This processor’s goal is to facilitate payments between users and merchants operating on different network layers (layer-1s and layer-2s) in a more efficient manner.

A layer 2 refers to any off-chain network, system, or technology built on top of a blockchain (commonly known as a layer-1 network) that helps extend the capabilities of the underlying base layer network.

These multiple patents filings by PayPal comes at time when a latest report suggested that 95% of people holding NFT collections are currently holding onto worthless investments.

NFT Bubble Burst: 95% NFTs, Digital Collectibles May Now Be Worthless

NFTs (Non Fungible Tokens) or Digital Collectibles was apparently a bubble which now has been burst to nothingness. A recent study looking at the price of thousands of collections seems to suggest that "NFTs are dead now!" .

A report by dappGambl based on data provided by NFT Scan and CoinMarketCap showed that out of 73,257 NFT collections the researchers looked at, 69,795 of them, or slightly over 95%, had a market cap of zero ether.

"NFTs had a bull run then crashed," said dappGambl report authored by Vlad Hategan, an NFT gaming specialist.

Of the 73,257 NFT collections dappGambl identified, an eye-watering 69,795 of them have a market cap of 0 Ether (ETH).

This statistic effectively means that 95% of people holding NFT collections are currently holding onto worthless investments. Going by the dappGambl's estimates, almost 23 million people hold these worthless assets.

Further, the dappGambl's study shows 79% of all NFT collections currently remain unsold, and the surplus of supply over demand has created a buyer's market that isn't doing anything to revive enthusiasm.

Even filtering out the lower-value, less significant projects, most collections have little value today.

Out of the top 8,850 collections by market cap, 18% are worthless, and 41% are priced at $5-$100. Fewer than 1% have a price tag above $6,000.

To recall, Twitter CEO and billionaire Jack Dorsey's very first tweet of March 6, 2006 which was sold in the form of NFT for $2.9 million dropped down to mere $3.77.

The Impact on the Environment

Creation of NFTs consumes energy. The minting process of NFTs involves energy consumption, just as any other operation in the digital world does, though the amount of energy consumed by minting NFTs with little to no use case might be cause for alarm, said Vlad Hategan, the author of the report.

dappGambl study identified 195,699 NFT collections with no apparent owners or market share. The energy

required to mint these NFTs is comparable to 27,789,258 kWh, resulting in an emission of approximately 16,243 metric tons of CO2.

The energy consumed to mint these NFTs without any owners is equivalent to —

• The yearly emissions of 2048 homes – it’s 7.93/ home according to the EPA.
• The yearly emissions of 3531 cars – it’s 4.6 per car according to the EPA.
• The carbon footprint of 4061 passengers flying from London (England) to Wellington (New Zealand) – it’s 4 tons of CO2 per person according to Air New Zealand.

"The responsibility rests with NFT creators to ensure meaningful and genuine contributions to the NFT ecosystem. Those primarily looking for quick gains without adding real value might end up incurring unnecessary environmental costs, all for the sake of a quick buck, " said Vlad Hategan, in the dappGambl post, and he also suggested some of the many examples of practical uses for NFTs.

On a positive note, dappGambl further concluded the report saying — NFTs still have a place in our future.

"The 2021 hype was bound to fail, as all overhyped things often are. At dappGambl, we still maintain that once the dust has settled, we will start to see an evolution within NFTs."

Ethereum Inventor Vitalik Buterin’s X (Twitter) Account Hacked Leading $691K+ Losses from Victims' Accounts

Vitalik Buterin, Ethereum’s inventor & co-founder, reportedly had his X (formerly Twitter) account hacked, resulting into loss of $691,000 from users who followed a malicious link posted to his X feed.

According to prominent blockchain investigator ZachXBT, the hacking incident has led to victims collectively losing over $691,000 after clicking on a corrupted link.

Dmitry Buterin, the father of Vitalik, announced on Sep. 9 in a post at X that his son’s account had been compromised and Vitalik is working on restoring access.

The account hack was first noticed on Saturday when a post appeared on Buterin’s post announcing the launch of a set of commemorative non-fungible tokens (NFTs) from software provider Consensys.

This post has a malicious link, which could have been displayed to a large number of Vitalik's 4.9 million followers, and prompted followers to follow the link and eventually connect their wallets to mint the NFT, but in reality, it allowed the hacker(s) to get access to their funds in their wallets.

The post on Vitalik's account was later deleted. However, the damage was done already.

This incident has even led Ethereum developer Bok Khoo, better known as Bokky Poobah on X, to allegedly suffered losses in his CryptoPunk NFT collection.

Notably, no official comment has been made by Vitalik, so far, in this hacking incident. According to ZachZPT, the hacker subsequently sent a stolen NFT to Vitalik.

they hacker just sent Vitalik this NFT they drained

0x909c74236ded54ecea95ea1568e1abf67624ccae436d1b9d94cd0c163b11eec5 pic.twitter.com/Fx6ekDYyWR

— ZachXBT (@zachxbt) September 10, 2023

NFT of Jack Dorsey’s 1st Tweet, Originally Bought for $2.9 Mn, is Now Worth Less than $4

In March 2021, the-then Twitter CEO and billionaire Jack Dorsey announced to sell his very first tweet of March 6, 2006 in the form of NFT (non-fungible token), and it was eventually sold for $2.9 million to crypto entrepreneur and Iranian investor Sina Estavi.

Now after 2 years, the value perception of the same NFT has significantly reduced with the best offer currently standing at just $3.77, according to the latest data from OpenSea.

According to media reports, Estavi has been trying to resell the NFT since last year however his efforts have seen no success as he had listed the digital asset for $48 million. Estavi promised to donate half of his proceeds to charity at the time.

Dorsey's first tweet was sold to Estavi in an auction on an online platform called Valuables, which is owned by the US-based company Cent.

According to the experts, one of the reasons Estavi's NFT didn't garner high bids is because the tweet itself is still on Twitter

Sina Estavi is a cryptocurrency investor based in the Middle East and the CEO of blockchain company Bridge Oracle. Before Bridge Oracle, Estavi created a crypto exchange platform called CryptoLand that garnered funding from several early investors. Estavi was arrested in Iran last year, charged with "disrupting the economic system" and forced to close CryptoLand, according to media reports.

NFT market is slowing down since last two odd years, the sales totaled about $25 billion globally in 2021, a huge drop from the 2020 figure of $95 billion, according to sales tracker DappRadar.

Last year, the NFT market saw approximately $24.7 billion in trading volume across different platforms. Although this is significant, it fell short of the $67.8 billion generated by traditional art sales during the same year.

The past week recorded $148.55 million in NFT sales, marking a 4.33% drop from the previous week's figures.

Rario Partners With Royal Challengers Bangalore for Their Exclusive Digital Collectibles on Its Newly Launched App

Rario, the world's first licensed cricket digital collectibles platform, has struck a game-changing partnership with Royal Challengers Bangalore (RCB). This groundbreaking collaboration will bring you exclusive, blockchain-powered collectibles that will take your love for cricket to new heights.

Now, you can immerse yourself in the world of cricket like never before by collecting and trading digital cards that feature your favourite RCB players. But that's not all - these cards provide an opportunity to access an array of priceless experiences, such as meeting their favourite players, taking stadium tours, acquiring signed merchandise, and much more.

With Rario, you can celebrate the rich history of RCB while forging an even deeper connection with your beloved team. Don't settle for ordinary fandom - join the revolution and elevate your cricket experience!

On this occasion, Rajesh Menon, Head & Vice President of Royal Challengers Bangalore, said, “We are delighted to partner with Rario. Cricket fandom is set to evolve and expand. Our partnership will give fans a sense of ownership and a deeper sense of connection with their favourite team, RCB. This represents the next step in the sports engagement landscape, and we are proud to set our step in the right direction as a progressive franchise.”

Founder and CEO of Rario, Ankit Wadhwa, said: "I am thrilled to announce Rario's partnership with RCB as their official digital collectibles partner. With this collaboration, we are excited to introduce limited edition fan badges that offer a unique and unparalleled experience to RCB fans. These badges will grant exclusive inner-circle access, such as player meet-and-greets, signed merchandise, hospitality access, match tickets, and more. We are honoured to be a part of RCB's journey, and we look forward to redefining the fan experience together”.

Gone are the days of passive fandom - Rario's innovative platform transforms how we engage with cricket. With the authentication of digital collectibles, fans can truly immerse themselves in the game like never before.

This partnership marks a pivotal moment in the evolution of sports engagement, and both parties are thrilled to be at the forefront of this exciting movement. RCB is now part of Rario's growing roster of IPL teams, which already includes Punjab Kings, Gujarat Titans and Kolkata Knight Riders - a testament to the company's dedication to advancing the future of cricket fandom. Get ready to take your love for cricket to the next level with Rario!

About Rario

Founded in 2021 by IIT Alumni Ankit Wadhwa and Sunny Bhanot as the world’s first officially licensed digital collectibles platform for cricket fans, Rario has emerged as the largest digital cricket collectibles platform in the world, where fans can collect and trade digital cards. Rario has partnered with some of the largest cricket boards, leagues and teams namely Big Bash League, Women’s Big Bash League, Super Smash, Caribbean Premier League, Lanka Premier League, Abu Dhabi T10 League, and Legends League Cricket along with Cricket Australia, New Zealand Cricket, Zimbabwe Cricket Board, Afghanistan Cricket Board, Punjab Kings, Gujarat Titans and Kolkata Knight Riders. Currently, Rario has a roster of over 150 international cricketers exclusively on their platform. Rario has sold over 1.3 million player cards to cricket fans across the globe. Since its inception, Rario has continuously innovated to engage fans in the game of cricket through digital sports memorabilia and curated fan experiences.

Rario not only has partnerships with Dream Capital, Polygon Studios and Animoca Brands but is also supported by Kingsway Capital and Presight Capital.

About Royal Challengers Bangalore

The Royal Challengers Bangalore (RCB) is owned by Royal Challengers Sports Private Limited, a subsidiary of Diageo India. The Royal Challengers Bangalore (often abbreviated as RCB) are a franchise cricket team based in Bangalore, Karnataka, that plays in the Indian Premier League (IPL). One of the original ten teams, the team has made three final appearances in the IPL and reached the Playoffs for three consecutive years in 2020, 2021 and 2022. The squad consists of a fine blend of proven stars of the international arena and emerging talent.

Royal Challengers Bangalore won the rights to own and operate a team in Women’s Premier League with a bid of 901 Crores in January 2023. RCB shaped a bold squad in the auction with the buy of distinguished Indian opener Smriti Mandhana (INR 3.40 CR), who also happened to become the most expensive buy not only at WPL but among all other women’s cricket leagues in the world.

RCB has evolved in their journey of brand building with multiple business ventures like RCB Hustle (a fitness product by RCB), Dash of RCB, a premium line of non-alcoholic mixer which is launched as an extension to an already successful venture, RCB Bar & Café. Dash of RCB is the first of other Fast-Moving Consumer Goods options that the cricket brand has launched. The next in line is Dash of RCB – Bar Snacks, Uncut by RCB – a plant-based meat product, soon to be launched.

RCB has adopted the philosophy #PlayBold which resonates both on and off the field - Defeats don’t defeat us, the Challenger Spirit keeps us alive'. Download RCB Mobile Application to know more.

Visit: RARIO | www.rario.com

"No Right to Exclusive Use of NFT Technology", Delhi HC Rejects Rario’s Plea Against Striker in a Landmark NFT Judgment

Delhi High Court rejects Rario’s plea against Striker in a landmark NFT judgment

No right to exclusive use of NFT technology, Delhi High Court

In a landmark judgment on NFT and Web 3, Hon'ble Justice Amit Bansal of the Delhi High Court today dismissed a plea by Rario against Web 3 fantasy platform Striker and digital gaming platform Mobile Premier League (MPL), to prevent Striker from using public information available on cricket players.

The Delhi High Court in its order said, “The plaintiffs cannot claim to have an exclusive right over the use of an NFT technology. NFT is a technology that is freely available.” The order added “NFT Player Cards are in fact ‘in-game’ assets to be used for enhancing the experience of playing the Game.” It further said, “There is no difference between online fantasy sports (OFS) with NFT Enabled player cards and ordinary OFS Game in so far as the use of the name or artistic impression/ photograph of a player is concerned.”

Striker works with individual artists who produce original cricket-themed art using publicly available events & recollections. While the platform primarily operates an innovative fantasy league, it allows users to retain and develop the players they "buy" for their fantasy teams throughout multiple seasons of on-field cricket.

Rario's petition was joined by cricketers like Harshal Patel, Shivam Dube and Umran Malik, who are among scores of other big ticket cricket players who have signed NFT deals with Rario. Meanwhile, Striker was joined in its petition by All India Gaming Federation (AIGF) and Winzo. In its intervention, AIGF had said that "not being able to use specific identifiers for players could impact growth of smaller companies," thereby placing the Indian gaming industry at a disadvantageous position with respect to other countries.

“This is a victory for thousands of indie game developers who are working tirelessly for building a vibrant Indian gaming industry and achieving our Hon’ble Prime Minister’s dream of a $1 trillion digital economy,” said Roland Landers, CEO of the All India Gaming Federation (AIGF). “AIGF had intervened in the case as the questions of law involved directly impacted the online gaming industry and sought to curb innovation, specifically in fantasy sports, and the NFT and blockchain arenas. AIGF’s intervention focused on preventing monopoly over any part of the online gaming ecosystem, and allowing MSMEs to continuously innovate in the Web 2 and Web 3 space. Being the oldest and the largest industry body, and the voice of the MSME gaming start-ups, AIGF believes that the sector needs to support innovation and creativity, and discourage anti-competitive and monopolistic tendencies. The Hon’ble Court, through the order, has recognised that the use of Web 3 technologies and classic formats of online games cannot be restricted unless a clear violation of law is established, and has upheld the rights of small developers to build for India,” Landers added.

The order was welcomed by the artist community, which had been working with Striker to showcase their digital art to a larger audience and monetize their work effectively. Najeeb Thottungal, one of the artists, said, “We are grateful to the Delhi High Court for recognising the rights of small independent artists. Creating cricket-themed fan art is a unique and creative way for young and aspiring artists like us to express our love for players and connect with other fans. Today's court ruling not only protects our rights as artists to engage with this emerging medium of NFTs but also empowers us to continue creating and contributing to the conversation surrounding cricket and art.”

Nitesh Jain, co-founder of Striker said, "We are tremendously grateful to the Delhi High Court for establishing that there can be no monopoly over NFT technology. Indie game developers like Striker can't survive in a world where NFT tech is monopolized by a few. But, just like you can't tell photographers to stop using color pictures available in public, you cannot ask developers and artists to not make NFTs out of publicly available images or information. This protects the rights of both indie developers who cannot afford expensive licenses, and the artist community that we work with to use this revolutionizing new tech (NFT) to make art out of public information and images. Using blockchain and NFT technologies also allows us, among other things, to keep our systems free of fraud and foster transparency."

GoLive Games launches first-ever NFT-based cricket strategy game ‘Cricket Stars’

• This prominent gaming IP from GoLive Games aims to encash the ongoing cricket fever and cater to cricket fans interested in NFTs with its game-changing USP and user experience
• The exclusive game's NFT marketplace is powered by the Tezos Blockchain

Enhancing the excitement of the ongoing cricket fever in India, GoLive Games, the country’s leading mid-core games publisher has unveiled Cricket Stars, the nation’s first NFT-based cricket strategy esports game powered by Tezos.

Being the only NFT-based multiplayer game with no Pay-to-Play or Play-to-Earn model attached to it in the market, Cricket Stars offers players of all ages the opportunity to experience the thrill of cricket in a virtual format like never before. This game serves as more than just an interface for playing India's most popular sport as it also offers a platform for cricket fanatics to apply their strategic thinking and showcase their in-depth knowledge and passion as they approach this latest esports game.

Cricket Stars is based on a unique concept, presenting players with a range of six batting as well as six bowling card options to select from in each game. By utilizing their extensive knowledge of the game, the player has to pick the right batting card from the multiple options offered to score runs on their opponent's delivery whilst also selecting the perfect bowling skill to bowl to dismiss their opponent. Moreover, Cricket Stars also provides users with the opportunity to win exclusive cricket bats and other prizes.

Speaking about the unique blend of cricket, Esports and NFTs made possible through Cricket Stars, Ravi Kiran, Founder of GoLive Games said, "We've poured our heart and soul into creating Cricket Stars, a game that we're incredibly proud of and one that we believe will resonate with the nation’s gamers. With Cricket being a beloved sport with a global following and the Esports industry in India growing exponentially, we saw the opportunity of merging the two in order to create a truly unique and rewarding gaming experience for cricket aficionados all over the Esports world. Moreover, we believe that the integration of NFTs in our game represents the future of the industry, as it empowers players with true ownership and value in the virtual world. By leveraging the nation’s fiery passion towards cricket as well as gaming, we are confident that the game will become a groundbreaking success in the community and become a significant part of the country’s gaming ecosystem.”

The game not only takes cricket gaming to a whole new level with its engaging gameplay and card mechanics but also stands out as the only NFT-based cricket game in the Esports market that doesn't require players to invest upfront in NFTs. Players can acquire batting and bowling cards in the form of NFTs at different levels of rarity - Rare, Epic, and Legendary - and utilize their unique features to compete against other players in real time through thrilling matchups, campaigns, or Esports tournaments.

The game's NFT marketplace is powered by the Tezos Blockchain, allowing users with Tezos wallets to conveniently trade, buy, and sell their cards within the in-game store without the need for any cryptocurrency.

"We are thrilled to partner with GoLive Games to launch Cricket Stars, an exciting cricket strategy game with digital collectibles. This partnership marks an exciting step forward for the gaming industry and for the Tezos blockchain. Cricket fans will enjoy a deeply strategic game that tests their knowledge of the sport while collecting and trading cricket-themed NFTs that add a new dimension to the gameplay experience. We look forward to this partnership being a cornerstone of our shared commitment to make great games even better on Tezos, the best blockchain for games." said Jeremy Foo, Global Head of Gaming at TriliTech and responsible for game development in Tezos Ecosystem, on their exclusive partnership with GoLive Games.

According to the ‘We, the sports fans of India’ report by Ormax Media, Cricket has more than 124.2m fans in India which is more than any other sport in the country by a considerable margin. Cricket isn’t just a sport in the nation but is considered a religion and people worship this sport.

On the other hand, the ‘India Games Market’ report by Niko Partners states that India had 396.4 million gamers in 2022 which will grow to reach 630 million gamers in 2026.

By merging the mania surrounding cricket with the ever-growing Esports industry of the country, Cricket Stars holds immense potential to cement its position as a leading Esports title in the country. The game is currently available to play on Google Play Store.

Link of the game: https://play.google.com/store/apps/details?id=com.golivegames.cricketstar

GoLive Games is a midcore and esports game publisher in India. With more than 3 Million gamers for its earlier games like Jungle Book Card Battle, Jungle Book Runner etc GoLive is now launching midcore games which are built for the Indian gamers.

Tezos is a public, open-source blockchain protocol relying on a low power consumption and energy-efficient consensus while preserving decentralization. The protocol also incorporates a self-amending governance system, which allows continuous improvements while preserving the integrity of this consensus. Using the governance, Tezos recently introduced Smart Rollups, which can be deployed in permission-less manner that helps Tezos scale up to 1 million TPS.

NFTICALLY Raises $1 Mn in Funding Led By Spartan Group and Polygon Ventures

• NFTICALLY raises investments from Spartan Group, Polygon Ventures, Blockchain Founders Capital, Mafatlal family office, and Bollywood producer Subhash Ghai in equity round. 
• Since the announcement of Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem COMEARTH in June’22, it has on boarded brands such as Polygon, CEAT, Metro Brands, Zipmex, BollyCoin, and Zee Studios. 
• NFTICALLY plans to ramp up hiring and invest more in research and development as it works towards building a seamless infusion of NFTs and Metaverse in all major industries

NFTICALLY, a Web3 ecommerce Martech platform, has raised $1 million in an equity funding round led by Spartan Group and Polygon Ventures. The company will use the funds to expand COMEARTH, the world's first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem. Blockchain Founders Capital, Mafatlal family office, and Bollywood producer Subhash Ghai also participated in the funding round.

The company plans to use the funds to double down on its technology stack as it builds COMEARTH, a Metaverse platform. NFTICALLY also plans to ramp up hiring and invest more in research and development as it works towards building a seamless infusion of NFTs in all major industries, such as e-commerce, manufacturing, healthcare, and more.

"We’re extremely glad for the continuous support and interest that our investors have shown in us. With this round, we welcome the teams of Spartan Group, Blockchain Founders Capital, Mafatlal Family Office and Bollywood producer Subhash Ghai on COMEARTH as our key partners. With this, we will aim to utilize the funds to create awareness about NFTs. Currently, it has become crucial to spread the word about NFTs and help everyone understand their validation while taking on the negative rumours around the ecosystem," said Toshendra Sharma, CEO of NFTICALLY.

"In June’22, we announced the world's first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem COMEARTH. The private beta version of the platform has grown significantly since then, with brands such as Polygon, CEAT, Metro Brands, Zipmex, BollyCoin, and Zee Studios, among many others, jumping on the bandwagon. We are soon announcing the public version and are bullish on COMEARTH's growth in the coming months," he added.

"By investing in NFTICALLY, we are working to push the boundaries of metaverse engagement. We find ourselves increasingly impressed by COMEARTH's unique position and its ease of use that make it well suited to bring brands, influencers, and masses into web3" stated Sagar Barvaliya, VC at Blockchain Founders Capital.

NFTICALLY, founded by Toshendra Sharma and Rohendra Singh, enables users and organizations with no technical knowledge to build their own white-label NFT marketplace. On these marketplaces, organizations can let their users create, exchange, and buy non-fungible tokens (NFTs). The platform also supports a ton of native integrations, including Shopify, Google Analytics, Mixpanel, Mailchimp, Zapier, etc.

The company also provides a free Web3 academy and organizes webinars with global Web3 experts, in addition to running informative newsletters, blogs, and Twitter Spaces to provide more information about the NFT ecosystem. The company's clientele includes prominent platforms such as BollyCoin, Mafatlal Industries, THIZZ Entertainment, Merchit, Zixel by Zipmex, and SporteNFT Marketplace.

Prior to this round, NFTICALLY saw the backing of several angel investors, including Jaynti Kanani (Polygon Labs), Sandeep Nailwal (Polygon Labs), Surojit Chatterjee (Ex-Coinbase), Nitish Mittersain (Nazara Games), Gaurav Munjal (Unacademy), and Sujeet Kumar (Udaan) among others.

About NFTICALLY

NFTICALLY powers commerce in web3 via NFTs and the Metaverse. The diverse platform can accommodate major brand use cases from conducting commerce to increasing engagement with their customers to Martech solutions enabling product discovery, top of the mind recall, etc. The platform enables celebrities, influencers, gamers, clubs, and corporations to easily create their own white-label NFT Store or NFT Hub, without needing any technical skills. NFTICALLY’s vision is to create easy and affordable avenues for brands to engage in the Metaverse. We are currently headquartered in the USA, with a strength of over 40 full time employees.

Indian Cricketer Deepak Chahar Turns Entrepreneur, Enters the Gaming Ecosystem With Fantasy Platform TFG

Deepak Chahar is also the brand ambassador for TFG

India International cricketer Deepak Chahar is entering the gaming space with fantasy game platform TFG (Trade Fantasy Game). The venture marks his debut in the entrepreneurial space as the Co-founder along with wife Jaya Chahar who will serve as the CEO of JCDC Sports Pvt Ltd. Deepak Chahar, who will also play the role of the brand ambassador, will look to connect and engage with his fan base of over 5 million users across platforms.

JCDC Sports Pvt. Ltd. is a sports technology company established in March 2022 and is headquartered in Delhi. The company aims to reach 1 million users by FY24 and introduce 2 new features in the next 2 quarters to increase reach and engagement leading to larger user acquisitions.

Co-founder and brand ambassador, Deepak Chahar, said, “This is thrilling and I am looking forward to this new venture as an entrepreneur. TFG will allow me to reach my fans in a whole new way. I hope to leverage my knowledge of cricket and harness technology to reach out to millions while connecting and engaging with them and adding value to the sport and the cricketing ecosystem as well.”

(L-R) Jaya Chahar and Deepak Chahar

Commenting on the new venture, Jaya Chahar, Founder & CEO, JCDC Sports, said “The gaming industry has been witnessing fast paced growth and seeing a rise in gamers daily. Being from the cricketing community, this venture was the best way to extend ourselves by entering the cricket fantasy space and taking the sport from the field to the gaming arena.”

Unlike other fantasy sports games, TFG will reward not only the user’s skillset but also the user’s loyalty and their frequent participation, i.e. both player performance and user participation will play a significant role in increasing the user’s digital collectibles. The game will engage users with features like wildcards, fantasy clashes, trading of cards, venue statistics, etc., which will enrich their journey on the platform towards absolute rewards and ownership of player cards with a long term vision to be the most engaging and entertaining platform for all sports viewers in India.

The game will be available to download from the website (https://www.tradefantasygame.in/), Playstore and IOS. 

For a look at 'how to play the game' - https://www.youtube.com/watch?v=moBtS-j9yf4

Metaverse Platform Mint Valley Partners BENNFT, a 3D NFT Project, for Art, Culture, and Conservation Initiatives

Mint Valley drives the amalgamation of Art, Culture, and Conservation with Blockchain Technology

Mint Valley partners with BENNFT for its multiple socio-cultural initiatives as the official minting partner

Mint Valley, a Metaverse platform for creating personalised digital interactions powered by MOI – worlds first context aware P2P layer 1 protocol, has partnered with BENNFT, a 3D NFT project, as the official minting partner to usher in a new era of blockchain use cases art and culture. Their unique perspective includes a fresh take on NFTs and their use in promoting wildlife conservation, local artisans and craftsmen, art, dance, food, and cinema along with increasing awareness around digital assets and blockchain technology.

In a step towards achieving their goal of seamless web3 adoption, Mint Valley and BENNFT have joined ‘The Prelude to the Greatest Migration’ project by Elephant Family USA and TREC. This event is a collaboration between indigenous craft/artisans; conservationists and environmental art. Presented by BENNFT, Mint Valley has been the official minting partner for this project aimed at showcasing the artworks based on real wild elephants documented as part of the Gudalur Elephant Monitoring project, conducted by The Shola Trust in partnership with the Tamil Nadu Forest Department.

This project was showcased at the Ajio Luxe Weekend in Mumbai amongst global luxury brands Panerai, BMW, Aston Martin, Rolls Royce, BVLGARI, and more. ‘The Prelude to the Greatest Migration’ added another layer of luxury and impact to the event by highlighting the importance of blockchain and digital assets in elephant conservation. The attendees further got the chance to enjoy futuristic ‘Proof of Charity’ tokens as a personalized souvenir.

Additionally, the project was also showcased at the India Art Fair, a leading international art fair in New Delhi which provides a platform for contemporary and modern art from India and the South Asian region.

“Mint Valley, powered by MOI (My Own Internet), has been focused on building a secure and sustainable ecosystem for the users and allowing them to access all features of the web3 sector in a seamless manner. Through our recent forays into diverse spaces such as cultural events, animal conservation, craftsmanship, food, cinema, etc, we aim to showcase the applicability and potential of web3 technology in enhancing the overall experience through attendance tokens or ‘Proof of Charity’ tokens, thus, making it more personalized and unique.” Anantha Krishnan, Founder, Mint Valley and MOI.

With these initiatives, Mint Valley and BENNFT have broken the barriers between web2 and web3 through culture, art, and class. beyond corporate structures. By incorporating technology into events of cultural significance and social importance, Mint Valley and BENNFT have proven the real world pertinence of digital assets and web3 technology, beyond corporate structures.

Walmart Files New Crypto and NFT Trademarks

Global retail giant Walmart has recently filed for new Crypto, Blockchain Trademarks Via Sam's Club, an American chain of membership-only retail warehouse clubs that is owned and operated by Walmart Inc.

Founded by Walmart's founder Sam Walton himself, Sam's Club has filed for several blockchain-related patents. While it isn’t entirely clear what the retail giant’s plans are, the trademarks all related to cryptocurrencies, non-fungible tokens, and virtual reality.

Walmart is now jumping into the digital and blockchain bandwagon by filing for crypto and NFT trademarks. Sam's Club is now garnering the crypto waters as the retailer recently offered healthcare services that cater to the augmented reality and virtual space.

Walmart filed a couple of trademarks that will allow it to manage NFTS, offer digital goods, and also provide crypto-based software. Early in 2018, Walmart has already shown its interest to jump into the blockchain waters, specifically with the launch of Bulkcoin, which is exclusive to members of the Club.

According to the US Patent and Trademark Office website, Walmart filed for several new trademarks pertaining to blockchain services. The records numbered 97775159 and 97775152 are intended to enable the retail giant’s subsidiary Sam’s Club to offer numerous virtual goods.

The patents filings make mention of a digital currency and NFTs, as well as virtual and augmented reality healthcare and education. The trademarks reveal plans for the launch of a wallet, and perhaps other software aimed at organizing digital asset portfolios.

In early last year, multiple reports claimed that Walmart is preparing to enter the Metaverse as it filed for its first round of NFT-related trademarks already in late 2021.

To recall, in October 2021, Walmart started  selling Bitcoin in a pilot programme by hosting the ATM-like machines of Coinstar, a crypto wallet and crypto exchange company.

In 2018, Walmart has already shown its interest to jump into the blockchain waters, specifically with the launch of Bulkcoin, which is exclusive to members of the Club.

Free Crypto Education Course with NFT Certificate from Binance Launched

Binance’s educational arm, Binance Academy is offering free courses on the increasingly popular cryptocurrency and blockchain.

Named as "Blockchain For Everyone", the free online course consists of six modules, the beginner course will explain the basics of crypto, blockchain, decentralization, metaverse, crypto trading, and investing strategies. Its successful completion will be awarded a non-fungible token (NFT) certificate.

Binance Academy has initially released beginner courses, with intermediate and expert courses planned to be released in the future.

Initially, the modules will be taught in English, whereas additional languages will be introduced in the following weeks.

Earlier in April this year, Binance has announced several educational initiatives to empower investors in India.

In early this year, Binance also launched its Learn and Earn program on Binance Academy that incentivises learning by allowing users to earn crypto while gaining knowledge about important topics across the blockchain industry.

Cristiano Ronaldo Launches First NFT Collection with Binance

New collection and mystery boxes available November 18 on Binance.com

PARIS, November 16, 2022 – Cristiano Ronaldo’s first NFT collection will be available Friday, November 18 as part of an exclusive, multi-year partnership with Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider. The launch is supported by a global marketing campaign featuring Ronaldo, aiming to give his fans an introduction to Web3 through the world of NFTs.

"We believe the metaverse and blockchain are the future of the internet," said Binance Co-Founder and Chief Marketing Officer He Yi. "We are honored to collaborate with Cristiano to help more people understand blockchain and showcase how we are building Web3 infrastructure for the sports and entertainment industry."

“It was important to me that we created something memorable and unique for my fans as they are such a big part of my success,” said Ronaldo. “With Binance, I was able to make something that not only captures the passion of the game but rewards fans for all the years of support.”

The inaugural Cristiano Ronaldo NFT collection will drop on November 18 (9 a.m. UTC) and feature seven animated statues with four rarity levels: Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). Each NFT statue depicts Ronaldo in an iconic moment from his life, from career-defining bicycle kicks to his childhood in Portugal.

• The 45 highest value CR7 NFTs (5 SSR and 40 SR) will be held for auction on the Binance NFT marketplace. The auction will remain open for 24 hours, with NFTs awarded to the highest bidder. Bidding prices will start at 10,000 BUSD for SSR and 1,700 BUSD for SR.
• The remaining 6,600 NFTs (600 R and 6,000 N) will be offered on Binance Launchpad, starting at 77 BUSD for the Normal rarity
• Each rarity level will come with its own set of exclusive perks, ranging from:
• Personal message from Cristiano Ronaldo
• Autographed CR7 & Binance merchandise
• Guaranteed access for all future CR7 NFT drops
• Complimentary CR7 Mystery Boxes
• Entry into giveaways with signed merchandise and prizes

Additionally, new users who register with Binance.com (and complete KYC) will receive a Cristiano Ronaldo Mystery Box. These boxes may include limited-edition Ronaldo NFTs. The CR7 Mystery Boxes are available for the first 1.5M new Binance users who sign up with referral ID RONALDO.

For US-based users, Binance.US - the US partner to Binance.com - is providing a free souvenir NFT for thresholds of USD deposits made on the platform within the promotion period. Users who receive the souvenir NFT will gain whitelist access to purchase future CR7 NFTs. To participate in the promotion, new and existing US users must register here.

Future sets of the Cristiano Ronaldo NFT collection will be available in early 2023. All collections will be available exclusively on Binance.com; follow Binance on Twitter for the latest updates.

About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com

Sony Publishes Patent for NFTs and Blockchain in Video Gaming

Japan's multinational conglomerate Sony has published a patent suggesting the company is looking into blockchain and NFT technology for tracking in-game assets in video games.

The patent, titled "Tracking Unique In-Game Digital Assets Using Tokens on a Distributed Ledger" shows a theoretical mechanism for tracking the changes to in-game assets, including ownership, visual appearance and Metadata.

In the description of the patent, it says – "Individuals often find it meaningful to own or use unique physical items related to respected celebrities or activities."

"In traditional video games, multiple instances of the same in-game item exist within the same copy of the video game and/or within different copies of the video game. These different instances of the same in-game item are traditionally fungible, as they are indistinguishable from one another," says the patent description.

Sony envisions a system where players can trade unique in-game items, which are verified for authenticity via the blockchain.

Sony's patent describes technology that could track the history of an in-game item as it's passed from player to player, which is one of the core ideas behind NFTs.

The patent further noted — "The digital assets may be video game digital media assets representing moments of gameplay of a video game, such as video clips or images. The digital asset is created, and a distributed ledger tracking a history of the digital asset is created and stored across devices."

Sony Interactive Entertainment Inc. filed for this patent in May last year, which gets published this month. This patent is for video games and notably Sony Interactive Entertainment Inc is owner of video gaming brand 'PlayStation'. 

A few weeks ago, PlayStation launched a program called PlayStation Stars, a rewards program, with rewards for in-game accomplishments, that the company insisted were not NFTs, but after learning about this patent, it could be a Sony's anticipated move for NFTs.

Holistic Web3 Digital Assets Platform Mint Valley Launched for NFT Enthusiasts in the Middle East

NFT Minting made Easy with Mint Valley, powered by MOI

Launched for NFT enthusiasts in the Middle East at the Dubai Design Week 2022

Mint Valley, a holistic web3 Digital assets platform, was launched in UAE on the sidelines of the Dubai Design Week 2022 held from November 8 to November 12. Mint Valley is powered by MOI (My Own Internet), the world’s first context-aware p2p network enabling sustainability, scalability, and personalization in the Metaverse. In collaboration with their Middle East partner MetaDecrypt, Mint Valley also presented the participants at the Design Week with Proof of Attendance tokens and personalized NFT certificates.

Mint Valley is a personalized ecosystem for artists, creators, technologists to create, list, sell, and share digital assets. A holistic NFT and Metaverse platform, Mint Valley allows users to create, customize, and sell Digital with no transaction fees, easy wallet access, and a simple and fast user experience. The platform supports buying and selling of Digital Assets completely in fiat currencies in a regulatory friendly manner.

NFTs have become significantly popular among art lovers and investors in recent years. As per the Dapp Radar report, NFT sales volumes totaled roughly $24.9 billion in 2021 which was a tremendous rise from roughly $94.9 million in 2020. With the considerable increase in usage, Mint Valley provides a platform for smooth execution of minting and trading digital assets while keeping the user experience simple and easy to navigate.

Mint Valley is built on top of MOI (My Own Internet), a decentralized global web3 network that supports humanized interactions on the internet enabling true P2P value transfers and personalized digital interactions. It is a user-centric personalization protocol for the emerging digitally interacting world . With MOI, billions of transactions can be sustainably and securely executed across millions of nodes.

“We are delighted to have Mint Valley, a one stop destination for listing, selling, and sharing of digital assets, as part of the MOI eco-system. Through this product, users will get personalized experience at lightning fast speed with absolutely zero transaction cost in all of their interactions on the platform. The process for minting NFTs varies a lot depending on the platform. All one needs is a distinctive digital asset, a non-custodial hot wallet, and a renowned and trusted NFT marketplace and Mint Valley is the primary solution to that.” - Anantha Krishnan, CEO, Sarva Labs

About Mint Valley:

Powered by MOI, Mint Valley is a personalized ecosystem for artists, creators, technologists to create, list, sell, and share digital assets. A holistic NFT platform, Mint Valley allows users to create, customize, and sell NFTs with no transaction fees, easy wallet access, and a simple and fast user experience.

For more, visit: https://mintvalley.ai/

About My Own Internet (MOI):

MOI, the primary offering of Sarva Labs, is a decentralized global web3 network that supports humanized interactions on the internet enabling true P2P value transfers and personalized digital interactions. MOI is built using Interaction State Machine (ISM), a revolutionary new computational model created by Sarva Labs for the web3 world. Using the ISM technology, MOI delivers a simple, secure, and sustainable web3 experience for users by enabling a single web3 network capable of hosting millions of nodes to support billions of transactions with complete user privacy, ownership and control. With a practical and equitable governance model, the value generation in MOI is democratic, while offering flexibility to support the regulatory norms of respective environments.

For more, visit: https://moi.technology/

About Sarva Labs:

Sarva Labs is a DeepTech web3 startup focused on simplifying digital interactions by developing user-centric technologies in blockchain and AI. Sarva ‘s vision is to help build an equitable, sustainable, and happy digital society and is doing foundational research to create new computational models, design methodologies, and governance frameworks to make the emerging web3 ecosystem practical, personalized and useful.


For more, visit: https://www.sarva.ai/