InfStones’ Post

OpenSea NFT Delisting Sparks Retaliatory Move from Game Developers OpenSea, once a dominant force in the NFT marketplace, has hit turbulent waters. The platform finds itself metaphorically shipwrecked along the digital shores of the Web3 game OpenSeason. This dramatic turn of events comes after OpenSea made the con https://lnkd.in/d6KR4-zP #Blockchain #Crypto

🚨 Big news in the NFT space! 🚨 OpenSea has received a **Wells Notice** from the SEC, triggering a wave of reactions across the industry. This enforcement action raises crucial questions about whether all NFTs might be classified as securities. 🧐 What does this mean for creators, collectors, and the future of the NFT marketplace? It's a pivotal moment for blockchain enthusiasts and those invested in digital art and collectibles. The outcome could redefine how we interact with NFTs and set new regulatory standards. Let’s discuss! What are your thoughts on the SEC’s stance? 🤔👇 #NFTs #BlockchainNews #SEC #OpenSea #CryptoRegulation

Oof… aaand that’s a wrap for @gamestop NFT Marketplace. If you minted items on the platform they are still accessible and can be bought and sold on other marketplaces. Obviously a cost cutting measure and sadly more folks out of work after only 18 months. The uncertainty with crypto regulations seem to be the reason given. However, as quickly as this branch of the company shuts down, it can amp right back up again. I think a lot of us are not too surprised but it’s just another signal that the market is still shifting. From where I sit, this doesn’t impact things to much as #nftgaming is still going strong! #blockchain #web3 #nft #web3community #web3gaming #gamestop #blockchaintechnology

We have successfully launched a NFT marketplace for our game Scarquest ! 🎮✨ The marketplace went live on Christmas Day, marking a significant milestone in our journey. Link: https://lnkd.in/gbMFXRwP In the spirit of knowledge sharing, I'll be writing a series of detailed Medium articles, in the next few weeks, that will guide you through the entire process of building an NFT marketplace – from writing the smart contracts to handling the backend intricacies. #Blockchain #NFT #Scarquest #GameFi #nftmarketplace #Web3 #web3development #marketplace #defi #SmartContracts #solidity #DecentralizedTrading #metaverse

1- The U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to OpenSea, the largest NFT marketplace, surprising the digital asset industry since most NFTs are traditionally seen as art, not securities. 2- While platforms like Coinbase, Uniswap, and Kraken offer tokens that could be classified as securities, NFTs typically don't fall under this category, as they are consumer products rather than financial products. 3- The SEC's focus is likely on NFT projects that promise future profits due to the efforts of their founders, not on pure art projects. 4- Most NFT artists shouldn't be concerned, as the SEC's attention will be on more complex NFT structures, such as those with royalty schemes or revenue distribution. 5- The case could potentially bring regulatory clarity to the NFT space, though it remains uncertain how it will unfold. #OpenSea #NFTs #SEC #WellsNotice #DigitalArt #CryptoRegulation #NFTArtists #Blockchain

Big news, folks! My team and I are thrilled to announce that from now on anyone who plays WorldShards can obtain collectible decoration items(NFTs), which then can be traded on #OpenLoot Marketplace! This is one of many steps planned for this year preceding full economy and token launch later this year! If you've been eager to join our project, now is as good time as any to do that, cause we're truly kicking things into next gear. Stay tuned! #NFT #Gaming #Blockchain #WorldShards #Web3

💙 Facewallet x CoinMusme 💙 Join us to win $200 USDC, 30 GACHA TIX, Exclusive NFTs &$MILE. The event is held in Galxe, check out more information in below link ⬇️ #web3 #digitalwallet #blockchain #usdc #nfts

🚀 Progress Update: Exciting NFT Milestones! 🚀 I am thrilled to share some amazing progress on our NFT journey! 🔹 Currently, we have 80 NFTs being held for Crypto W0lf Assets. 🔹 Additionally, we’ve created around 600 NFTs for our Celebrity NFT Collection. This is a huge step forward, and I couldn't be more excited about the incredible work our team is doing. Each NFT is designed with meticulous attention to detail and creativity, aiming to offer unique value and experience to our community. Some of these NFTs have already been revealed on my Instagram and Fanbase pages. I invite you all to check them out and stay updated on the latest drops. Stay tuned for more updates as we prepare to launch these collections on OpenSea. Your support and enthusiasm mean the world to us, and I can't wait to share these extraordinary assets with you all. Thank you for being part of this journey! Best, Christian W0lf CEO of Echols Media #NFT #CryptoW0lfAssets #CelebrityNFTs #ProgressUpdate #ExcitingTimes #Innovation #Blockchain #OpenSea #Instagram #Fanbase

OpenSea Adopts ERC-721C Standard to Support NFT RoyaltiesOpenSea, one of the top NFT trading platforms, has introduced the ERC-721C token standard in its systems which allows the creators of NFT collections to effortlessly enforce their royalties. On April 2, a solution was proposed to tackle the problem of NFT wash trading. It involves linking token transfer terms across various platforms. This way, artists can protect their income more effectively. The ERC-721C standard, introduced by top blockchain gaming company Limit Break, simplifies the process of ensuring payments for creators. It prevents misuse in both directions by not allowing users to trade NFTs after minting them using self-custody wallets... https://lnkd.in/dtKs8M7V #Adopts #ERC721C #NFT #Opensea #royalties #Standard #Support