Black_background_logo_BitcoinWorld-removebg-preview
Latest News

Trump Drops More NFTs Ahead of Presidential Run, Meta Opens to Teens and More

Donald Trump’s picture appears on yet another set of digital nonfungible tokens (NFTs) trade cards. 38,001 of these cards were printed for Polygon $1.1730.The collection was introduced on April 18 at a price of $99 each. According to data from NFT marketplace OpenSea, it presently has a floor price of 0.0659 ETH ($145) and has generated a volume of 592 Ether $2,090, or more than $1.2 million.

The initial subscription provided an extra $3.76 million in revenue based on a sale price of $99, while the sales have generated over $100,000 based on the creator fee of 10%.

Trump wrote on Instagram that he kept the cost consistent with the first series “because I want my fans & supporters to make money, & have fun doing it,” adding: “I could have raised the price MUCH HIGHER, I believe it still would have sold well, with a lot more money coming to me, but I didn’t choose to do so.” WILL I NOT RECEIVE ANY “NICE GUY” CREDIT?

According to OpenSea, the first series, which debuted on December 15, has experienced a 61% decline in floor price over the past day despite a 1,011% rise in trading volume.

The virtual reality (VR) app Horizon Worlds was previously only available to those who were 18 years of age and older, but Big Tech company Meta opened it up to teens from the United States and Canada on April 18.

According to the data website Statista, Horizon Worlds recorded an average of just 280,000 monthly active users over the course of the year, well below the 500,000 it had targeted. This led to the decision.

Mark Zuckerberg, CEO of Meta, has been encouraged by a number of safety and advocacy organizations to drop plans to allow minors access to its metaverse. In an open letter published on April 14, it was suggested that Meta hold off on granting minors access to the metaverse until further peer-reviewed studies have been conducted.

The letter asserted that the VR app, which is still in its early phases, will subject adolescents to harassment and privacy concerns. The focus of Meta’s introduction, which was mainly on features like parental supervision tools and limiting contact between minors and unfamiliar adults, seemed to be on addressing these issues.

Nike, a well-known sportswear company, used its Web3 community platform to introduce its first NFT collection.SWOOSH, is a modern take on the “iconic” Air Force 1 shoe from forty-one years ago.

The Polygon-based NFTs are affordable to anyone, costing just under $20.SWOOSH participants. The NFTs will receive a variety of benefits from Nike, including “special access to physical products and experiences.” Nike continued by saying that it would soon “introduce other new utilities and benefits” to its virtual creations.

Following Nike’s announcement that the NFT marketplace would begin in November 2022, the community decided that the company’s first digital asset collection should be based on the Air Force 1 shoe. In collaboration with the Web3 platform, The Smurfs’ Society, the well-known animated film series The Smurfs is getting ready to release a fresh batch of NFTs.

On April 18, the 12,500-piece NFT collection held its first open auction, with 3,000 of the NFTs featuring different Smurf figures fetching an average offer of 0.02 ETH ($42).

The NFTs’ owners will be able to attend VIP events, receive special rewards, and take part in members-only games, according to The Smurfs’ Society.

Given that the top three offers are for 847 of the NFTs, some of the bidders either appear to be ardent admirers of the Smurfs or are making predictions about price increases after the mint. Smurfette, Brainy Smurf, and Papa Smurf are a few of the 250 or so characters that are accessible. According to The Smurfs’ Society, the collection will have over 350 distinctive characteristics.

 

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.