While sales of NFTs have slowed, they're far from dead.  The amount of NFT based transactions still happening in the current down market is proving to investors and businesses that NFTs are here to stay.  Platforms like Twitter and Instagram implementing them provides more evidence for this claim. 

What is almost completely gone is part of the NFT world, the stupid part where we saw this thing sell for $7 million. Most suspected this was a temporary phase that could only happen with something that was both new and exploding in popularity - they were right.

But many are still saying the NFT world still has huge room for growth, and there may be some truth here.

The argument that NFT's have just begun revolve around virtual reality (aka the Metaverse) as any object in a virtual world can become your tradeable and sellable property if turned in to an NFT. 

Brands like Nike believe the people wearing their shoes in the real world may want to be seen wearing them in the virtual world as well - same goes for those who line up outside of shoe stores in the middle of the night to be among the first there when it opens, and pay 2 to 3 times more for a 'limited edition' sneaker.

Sneakers that they don't need to buy the materials to make, pay for the labor to assemble, or ship from one location to another to sell - this is the dream that has major brands drooling. 

This is the thinking behind valuing NFTs.com at the selling price of $15 million...

An 'undisclosed buyer' finalized the purchase through Domainer, a domain marketplace operated by GoDaddy, with Escrow.com facilitating the transfer of funds. 

“It was a pleasure working with all parties involved at NFTS.com, an incredible opportunity for the buyer to acquire one of the best possible .coms, if not the best, in the entire web space3,” said Matt Holden of Domainer

For some perspective, Crypto.com sold for $3 million less.

Buyer Most Likely a Company...

With a price-tag this large odds are a company is behind the purchase.

With brands like the NBA, NFL, Visa, Coca-Cola, Dolce & Gabanna, Tommy Hilfiger, EA Games, Ubisoft, Gamestop, Nike, Adidas and so many looking to make their mark in the NFT space, there's a lot of cash flowing behind the scenes. 

Chainalysis estimated institutional investors accounted for 33% of all NFT related transactions in their report on Web3 earlier this year.

Waiting For The Mystery Buyer to Show themselves...

Now the NFT industry is waiting to learn who the buyer was, until then, all they can do is speculate.

Will NFT marketplaces have some new competition?  Whoever the buyer is, they have the funds needed to be a potential threat.

Could a single clothing or gaming company have snatched it up to use as a place to feature their NFTs exclusively?

Or, this could come to the most anticlimactic, but very possible ending of them all - someone from the domain industry who believes they can sit on for awhile and make a few million selling it again - perhaps just waiting for the market to recover from this most recent downturn. In other words... just HODLing it.

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Author: Ross Davis
Silicon Valley Newsroom
GCP | Breaking Crypto News

In a move that is set to bring sustainable digitized art and creativity into the blockchain-based virtual world, MetaBlaze is preparing to launch its high-quality, character based MetaGoblin NFT Collection on OpenSea. The collection features traditional fantasy-themed Goblins-propelled into the Metaverse.

MetaBlaze®, a new Blockchain Gaming Company, is gearing up for the official launch of its intricately detailed, utility-packed MetaGoblin NFT collection set to list on the OpenSea NFT Marketplace in the coming weeks. The NFT project is inspired by in-game mystical creatures from a Player-versus-Player, Play-to-Earn game currently in development by the blockchain gaming firm, MetaBlaze.

Following the OpenSea listing, MetaGoblin NFTs will also be listed on uber-popular rarity ranking websites such as Rarity Tools, a trusted platform that provides users convenient means to check the rarity rankings of NFTs. MetaBlaze is excited to offer such a unique and innovative project to the NFT space and looks forward to seeing MetaGoblins take flight in the coming weeks.

MetaGoblins are one-of-a-kind digital beings that exist on the Ethereum blockchain. Each MetaGoblin NFT has distinct characteristics, making it a truly unique collectible. The collection brings a total supply of 10,000 NFTs, with 398 hand-created, 3D traits.

MetaGoblin NFTs are the first playable characters in the MetaBlaze Metaverse – an immersive, utility-driven, rewards-generating, strategy-based gaming platform. These MetaGoblins (and other MetaBlaze Series NFTs) can be used to participate in unique Play-to-Earn games, contests, competitions, and more. Each MetaGoblin is unique – not just in appearance and story, but in its underlying meta-data attributes. If you're looking for a captivating tale that unveils the origin of the MetaGoblins, check out the intro video shared on the official MetaBlaze YouTube channel.

NFTs Need More Sustainability & MetaBlaze Is Bringing It.

MetaBlaze is on a mission to create more value in the NFT world by building a robust ecosystem around the MetaGoblin NFTs. With a focus on sustainability and scalability, MetaGoblin NFTs integrate within MetaBlaze's Web 3 ecosystem, including gaming, staking, and rewards. MetaBlaze brings a unique gaming model with sound in-game economics built around solid fundamentals.

MetaBlaze is paving the way for sustainable growth in the NFT space by creating a diverse ecosystem built around sound fundamentals. In addition to MetaGoblin NFTs, MetaBlaze (MBLZ) tokens will be minted and used as the native currency within the multi-layered ecosystem. MBLZ will also power the staking and rewards mechanisms, providing users an additional layer of utility.

MetaGoblin NFT Mint on OpenSea NFT Marketplace

The MetaGoblins are coming to the world's largest NFT Marketplace, OpenSea. An official date is expected to be announced within the next two weeks. In preparation for their big debut, MetaBlaze is giving early access to the NFTs before the official OpenSea listing, allowing users to acquire a MetaGoblin NFT before anyone else. All fees related to NFT minting will be paid for by MetaBlaze, and the NFTs will be airdropped to rightful owners on the official release day. To learn more or buy a MetaGoblin NFT during the ongoing presale, visit https://MetaGoblin.io.

MetaBlaze is a Web 3 company using $MBLZ to power its multi-layered Metaverse. Built on the Binance Smart Chain, MetaBlaze merges popular elements of GameFi and DeFi to create a synergistic, and sustainable ecosystem.

CONTACT:
Michelle German
info@metablazetoken.com

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Information Provided via Press Release
The Global Crypto Press Association | Crypto Press Release Distribution

NFTs future on social media:

Imagine a world where non-fungible tokens (NFTs) existed within social media platforms. Well, you do not do it any longer. On May 9, 2022, Instagram announced that they will be testing NFTs for the first time. This announcement came from Instagram’s CEO Adam Moressi, stating that the NFTs tests will begin as early as next week. Ever since, Mark Zuckerberg, CEO of Facebook, has also stated that Facebook will follow suit with NFT testing as well. 

The NFT Marketplace

The NFT Marketplace is one that is consistently and rapidly growing as blockchain technology is advancing. Particularly within the past few years, non-fungible tokens have virtually struck the Metaverse out of nowhere. It has transitioned from being an element that was almost in complete obscurity, to a fundamental contributor to the growth of cryptocurrencies. 

NFTs in Mushe Token (XMU) 

The Mushe Token (XMU) is a decentralized financial network, that is in its first phase and currently allowing users to register for their presale. It has the intention of migrating to Stellar’s open networks, allowing users to have low transaction costs and inclusion. In their litepaper, Mushe states how they plan to join “the fastest-growing ecosystem for NFTs and play to earn gaming”. If the Mushe Token (XMU) follows suit with its claim, incorporating NFTs and P2E in games they're involved in, could allow users to passively exchange and gain financially - giving people a firm incentive to get involved with this cryptocurrency. The blockchain's official launch is set to be on Independence Day (July 4), an intriguing gift not just for Americans, but for everyone to discover. 

Website: https://www.mushe.world/
Presale: https://portal.mushe.world/sign-in
Twitter: https://twitter.com/Mushe_World
Telegram: https://t.me/musheworldXMU
Instagram: https://www.instagram.com/mushe_world/

Content not created, evaluated, or endorsed by Global Crypto Press Crypto & NFT Press Release Distribution

In addition to the above features, the standard and premium plans for this product include consulting by the idexo team on concepts for the NFT collection and marketing plan, including special access features of the custom-branded NFT verification portal, and connections to source the artwork. 

This exciting development solves several key challenges facing web3 project owners and brand marketers, including

Finally web3 founders and communities can rely on growth and solve a key pain point facing all projects. 

"We are excited to finally release this update as it will enable us to serve many more clients and partners in a readily scalable way, helping more communities and projects achieve success, " says Greg Marlin, CEO/CTO of idexo, "This is the product of many months work by the team. The origins of the NFT marketing software was our own Early Adopter NFT collection that grew our community from 200 to over 5000 in 2 days. In addition to releasing this update for our clients and partners, idexo will be using this ourselves to launch and manage a major new NFT ecosystem and marketing campaign to further grow our own community. Being able to constantly test these features with our own community and leverage its size to help grow our clients' communities is an added value of idexo."

Projects and brand marketers interested in using this system right away to grow their own communities, can sign-up by getting in touch with the company to schedule a demo. 

About idexo:

Idexo’s mission is to empower creative entrepreneurs to build and grow industry-disrupting web3 projects, in doing so achieving the full promise of decentralized technologies. To achieve that idexo delivers a simplified platform that solves key project pain points, helping partners achieve success in hours what used to take months. Idexo is powered by its native utility token $IDO. 

For More Information:

https://idexo.com
https://twitter.com/idexo_io
https://t.me/idexo_io

Contact: Greg Marlin – cx@idexo.io

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Information Provided via Press Release
The Crypto Press Association | Crypto & NFT Press Release Distribution

STEPN (GMT) could attain this year’s record for most profitable token. Could FIREPIN Token (FRPN), which is about to enter its third and final stage of presale, expect to reach such highs after launch?

STEPN (GMT)

STEPN (GMT) has grown at a breakneck speed since its launch in December 2021, going from 1,500 daily active users in January 2022 to 100,000 in March 2022.

Furthermore, the trading volume for GMT at the time of writing was $1,371,155,006. This was a 132% increase from the company's initial trading volume of $591.97 million on March 9th.

Despite these strong performances, a look at the total number of NFT trades for GMT raises some concerns. A total of 57,571 Trades Counts were recorded on March 9th. However, as of this writing, the token's total NFT Trades Count stood at 17,461. This represents a 70% decrease in the value of the coin's total NFT Trades Count so far.

In addition, the total volume of NFTs traded has decreased significantly. On March 9, a trade volume of 52.74 million was recorded; at the time of publication, it was 33.17 million.

Many people believe that NFT games are unsustainable because players are only interested in cashing out their winnings. Similarly, the current STEPN hype resembles Axie Infinity's (AXS) buzz in 2021 before the token's price dropped towards the end of the year.

FIREPIN Token (FRPN)

FIREPIN Token (FRPN) is rumoured to follow the vast success of STEPN (GMT). The comparison seems surprising until you take a look at FIREPIN Token’s (FRPN) presale statistics. 

FRPN was initially worth $0.000067 at the beginning of its presale in February. The token has since surged to 0.0023, meaning its price has more than quadrupled in a mere 2 months. 

Furthermore, early FIREPIN Token (FRPN) investors' portfolios have seen a nearly 4000% increase in value. Many believe that an additional 1000% increase will be obtainable before the presale ends in late May. 

The direction of FIREPIN Token (FRPN) will be in the hands of holders who will participate in majority decisions that will decide the project's plan as a community-led DAO. 

FIREPIN Token (FRPN) will use this as their virtual world investment by allocating a percentage of each FRPN transaction towards its treasury fund.

FIREPIN's (FRPN) plans to invest in the Metaverse and NFT industries, as well as the potential of P2E games, demonstrate how seriously the virtual world industry is taken by the company and how much demand there is for it globally.

FIREPIN Token (FRPN) also intends to support multi-chain integration, allowing users to use up to five different blockchains for their transactions at a fraction of the gas fee charged by Ethereum (ETH). 

Learn more about FIREPIN Token (FRPN) here:

Join Presale: https://presale.firepin.io/register

Website: https://firepin.io/

Telegram: https://t.me/FIREPINOFFICIAL

Twitter: https://twitter.com/FIREPIN_io 

Information Submitted via Guest Author
The Crypto Press Association Crypto & NFT Press Release Distribution

Using blockchain and Web3 technology the Scorpio Metaverse Engine connects humans to each other in the virtual world. 

SMC completed development of the beta engine this month, and is on track for a Q2 launch of FitnessVR.io, SMC’s first metaverse powered by the Scorpio Metaverse Engine, dedicated to advanced wellness and human connection; they aim to deploy 10 interoperable metaverses within the next 12 months. 

Metaverses built with SMCs patent-pending engine offer flexible interoperability and enhanced user experiences, with customizable avatars able to jump between metaverses using blockchain technology and crypto wallets. Their suite of proprietary tools and integration with leading-edge technologies in the Web3 space allow SMC to help individuals, corporations and organizations build fully customized metaverses. 

Being one of the first-to-market tech companies leading the charge of shaping the Metaverse Web3 space, Scorpio Metaverse Corporation is obtaining patent protection for its technologies, as well as registering other intellectual property rights for its business and technology assets in the United States and internationally. SMC aims to protect the technology, inventions and improvements that are commercially important to the development of its business using the most effective and efficient intellectual property instruments, including patents, trademarks and trade secrets. 

Nav Gupta, Founder & CEO of Scorpio Metaverse Corporation: 

“We’re building the tools to make custom metaverses accessible across the world; our patent-pending process reduces the barrier to entry for great ideas to get built quickly. We are extremely proud to be first-to-market with the creation of our proprietary metaverse engine which is a system and method for creating custom metaverses. Whether you’re a business looking to build an office metaverse or a university looking to have your school built into a metaverse, in the future we believe metaverses will be like websites and you’ll be able to build them using our tools and systems and jump from metaverse to metaverse. Unlike our competition, our primary business is metaverses and we have security and safety at the heart of

our system for end users. Human connections are very important and we believe that with our technology we can help people connect with each other in new, fun and unique ways. I recognize the significant potential this patent holds, as it directly addresses key challenges currently facing the fragmented and disconnected landscape of the metaverse industry.” 

About Scorpio Metaverse Corporation 

Scorpio Metaverse Corporation is an international collective of tech companies at the intersection of Web3, Blockchain, and Gaming. The company initiated activities in 2022 and is headquartered in Toronto, Canada, with subsidiary corporations in Vietnam, India, Dubai and plans for expansion into Africa, Europe, and the United States. 

Scorpio Metaverse Corporation is developing a suite of innovative metaverse-building technologies focused on connecting users and providing world-class, fun and interactive experiences for them in both WebGL, Virtual and Augmented Reality environments. 

To learn more about Scorpio Metaverse Corporation, visit: https://www.scorpiometaverse.io

Contact: marketing@scorpiometaverse.io

--------------
Information Provided via Press Release
The Crypto Press Association | Crypto & NFT Press Release Distribution

PHOENIX, ARIZONA - January 17th 2022: RetroKydz brings you an interesting opportunity to re-live your childhood. It offers to recreate the peaceful experience of your infant years that were marked by freedom from all sorts of worries, grudges, and competition. It is rolling out 2000 exclusive, mintable, retro style 3D pixelated NFTs in the market that will enable the holders to become part of a mental health community on the blockchain technology.

These beautifully designed NFTs seem to be very promising because the fast-paced, competitive, and busy lifestyle of the modern era has deprived many of mental peace and genuine friendships. In fact, results from the 2014 Adult Psychiatric Morbidity Survey highlighted that 1 in 6 adults experience a common mental health problem such as anxiety or depression every week, and 1 in 5 adults have considered taking their own life at some point. The irony is that many such cases go undiagnosed and amongst those identified, many hesitate to seek professional help due to the stigma attached.

Under such circumstances, the RetroKydz NFTs will serve as badges that can be worn with pride because they do not signify that the holders have a problem, rather serve as a representation of the fact that the NFT owners stand for equality, peace, love, harmony, mental health, and above all, humanity. These NFTs will help develop virtual friendships and provide the members with a platform where they can vent out their emotions. In simple terms it can be said that they will serve as tokens of membership to a community of 2000 where people will have a chance to talk about their specific mental health issues and also their daily life struggles that leave them depressed or disturbed. By sharing their problems, the members will be able to seek help and advice from each other. Although connectivity appears to be a major challenge, RetroKydz has this sorted out as well. It plans to keep the members connected via regular Zoom calls so that healthy relations and bonds can be developed without any geographical barriers or mobility issues.

The utilities of these NFTs are numerous as the holders will be able to get early access to the upcoming projects and special offers. The best part is that the members will also have access to mental health professionals’ expert advice. These professionals will be making group calls on Discord from time to time to talk about important matters and provide counselling with regards to any significant event - if needed. Besides all this, the community members will have access to a dedicated channel where motivational quotes and encouraging words will be shared to boost up morale.

Given their usefulness, it is very likely that these NFTs will sell out soon so hurry up and make a purchase before it is too late. Each NFT costs 50 ADA and can be purchased on the Cardano blockchain. The process to go about it is pretty simple: Minting has already begun; you just need to send ADA equivalent to the number of NFTs you want to purchase on the address provided at Retrokydz’ website. In order to give everyone a fair chance, RetroKydz has kept a maximum purchase limit of 20 NFTs per transaction.

One thing to remember when making the transaction is that the ADA should be sent through a wallet that supports Cardano NFTs or else you will not receive your NFT token. In case the NFTs are sold out by the time your payment is received, or you accidentally end up paying more or less than the exact amount, your ADA will be returned so you can make the transaction without worrying about any loss or mishap.

For further details:
Websites: https://www.retrokydz.io/mint
Twitter: https://twitter.com/Retrokydz
Discord: https://discord.com/invite/9ZbbNZVAKX
Email: Myles Sheldon mylessheldon@gmail.com

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Information Provided via Press Release
Distributed by Global Crypto Press Association
Breaking Crypto News

The fast-emerging platform is strengthening its grip on the metaverse through NFTs...

BERLIN, GERMANY: nOFTEN, the world's leading Non-Fungible Tokens (NFT) marketplace for artists & celebrities, announced its association with WWE champion Khali, world-famous rapper Game and Lothar Matthaus- The FIFA world cup champion to sell exclusive NFT artwork after its great collaboration with FTV.

This association aims to get fans more connected to their favourite artist's unseen innovation and gives them an opportunity and a platform to buy, sell, trade, and bid for celebrity NFTs. It's not that often experienced and is driven by blockchain technologies that help monetize and safeguard their artworks. As a result, both Indian and International artists are becoming part of this unique community and taking it on a larger level.

In this hugely competitive market, digital platforms play a significant role in showcasing and sharing artists' talent with the world without limitations. nOFTEN understands the market and is a gold rush for artists & celebrities, churning out mind-boggling pay-outs for early adopters if used right. It inspires other sports leaders, dancers, actors, singers, and painters. More and more investors are investing in the crypto market because of the complete traceability of the ownership of unique digital assets.

On the alliance, Constantin Clemens Aurin, nOFTEN, said, "It's overwhelming to see how NFT is becoming a favourite topic amongst artists and how they welcome the concept of direct connection with their fans. The opportunities that are present within the space are beyond space."

On this association, the world-famous rapper The Game said, “With this digital liberty, I can put forth my creative vision on display and show, not only the growth of my career but also the passion I have for other things."

Wrestler-champion Khali said, "I cannot be more excited for such an association wherein I get to interact with my fans on a personal level and showcase the art I have in me, which the world may not be much aware of. I don't think there can be any such platform better than this."

Footballer Lothar Matthaus said, "I always believe the digital platform can do wonders if you have talent. The greed to learn and achieve more will land you in a great place. And getting an apt platform to show your hidden talent is nothing but a way to fulfill your dreams smoother. I am extremely happy for this association and waiting to see what'snext in line."

It will get more exciting to see what nOFTEN has more in the bag as fans of all kinds are getting significant collections of their choice and receiving personal interaction opportunities with their loved artists.

About nOFTEN:

nOFTEN is the world's leading NFT Marketplace leveraging The celeb-Fan-centric theme, celebrating the free spirit of artists, turning it into valuable digital assets. Artists of every genre, offering discrete collections and personal interaction opportunities, are a part of nOFTEN. 

For more information:
Visit the official website at www.noften.com

Questions / Comments contact:
Clemens Aurin at connect@noften.com

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The NFTs contain "secrets" of the film that only Tarantino knows, which he has placed in the collectibles. According to the website of the non-fungible tokens, there are seven pieces in total that include scenes, fragments of the original scripts of the film, and audios with comments from Tarantino himself.

"I'm thrilled to be able to share these exclusive 'Pulp Fiction' scenes with fans." Secret Network and Secret NFTs open up a whole new world of possibilities for connecting fans and artists, and I'm thrilled to be a part of it." Tarantino says.

These multimedia files are built on the 'Secret Network' blockchain, which bills itself as "the first blockchain with data privacy by default." The platform says they prioritize privacy and grant access controls to NFT owners. Critics said they do this via being largely centralized.

The NFTs will be auctioned off on OpenSea, an Ethereum-powered collectibles market. A few days ago, Secret Network and the marketplace formed an alliance to commercialize the non-fungible tokens.

“Pulp Fiction” put Tarantino’s on the A-list of directors, made Samuel L. Jackson a star, and revived John Travolta's career.   It also was a turning point for the small 'Miramax' production company to become a major Hollywood player - the company was co-founded by brothers Bob Weinstein, and now-convicted sex offender Harvey Weinstein.

The launch date of the non-fungible tokens was not disclosed.

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Author: Mark Pippen
London Newsroom | Breaking Crypto News