- Vatican Museum to open an NFT gallery of its art collection
Such as Michelangelo, Raphael and Marc Chagall are set to join the metaverse thanks to a new partnership between the Vatican and metaverse developer Sensorium to launch a Vatican NFT gallery.The partnership between the Vatican’s non-profit organization Humanity 2.0 Foundation and Sensorium promises to create the first-ever virtual reality (VR) and non-fungible token (NFT) gallery, hosting the Vatican’s art, content and academic initiatives, including manuscripts and masterpieces.
2. OpenSea is adding NFT copy detection and verification features
“Copymints” are tokens ripping off other NFTs and have proved to be a problem for platforms like OpenSea. Last year, the platform banned two collections that mimicked Bored Ape Yacht Club NFTs by flipping them so the image is mirrored. And though the owner of an NFT is recorded on the blockchain, fakes are rampant. In February, OpenSea said that over 80 percent of items it removed for violations were created with its free minting tool.
3. Metaverse-as-a-service will be the basis of the next internet era of Web3
The concept of the Metaverse has been around since the 1980s, but it has only been in recent years that we’ve seen hundreds of projects popping up on the scene. What we are currently experiencing are gamified worlds with limited integration and engagement abilities.
4. Madonna Angers Fans With X-Rated NFT Art Project Involving Insects & Genitals
No stranger to controversy, Madonna is working on an intimate project that received a lot of criticism. The singer teamed up with artist Beeple to create a 3D-cartoon version of herself with plants and insects coming out of her vagina.
5. Metaplex Is Solving Solana’s Network-Crashing NFT Botting Problem
Amid a rising market for Solana NFT collections—headlined by recently hot projects like Okay Bears and DeGods—has come an increase in malicious programs used to unfairly game new NFT launches on the blockchain. On April 30, it crashed the entire Solana network.
6. Costly Mistake: Someone Just Sold a Bored Ape NFT for 200 USDC
A BAYC holder may have sold his Ape NFT for 200 USDC by mistake, but speculators think the seller was trying to evade taxes.When it comes to blockchain transactions, some mistakes are irreversible and could cost one a fortune. Sadly, though, every now and then, crypto investors make these as the most recent one was from the owner of Ape #6462, who sold the NFT for $200 USDC.
7. Hyundai and Meta Kongz Partner to Launch Community NFTs
You may have heard of BAYC if you’ve ever looked into NFTs or bought them as an investment. BAYC’s value is rising even faster as their metaverse land auction approaches. But did you know that Korea, the land of K-POP and K-Dramas like BTS and Squid Game, is working on an NFT project that promises to take over the NFT industry like BAYC
8. Spotify experiments with musician NFT galleries
Spotify is testing a way for artists to display their non-fungible token (NFT) collections, as first reported by Music Ally. The music streaming platform has rolled out the test for some users on Android in the US and currently includes NFT previews for artists like Steve Aoki and The Wombats.
9. Solana NFTs Come 'Full Circle' as Okay Bears Knockoff Lands on Ethereum
Early in the growth of Solana’s NFT ecosystem, it was common to find obvious knockoffs of top Ethereum projects like CryptoPunks and Pudgy Penguins. Now, Okay Bears—the hottest recent Solana NFT project—has been effectively copied and pasted onto Ethereum in what some observers on Crypto Twitter have hailed as a “full circle” moment for Solana.
10. DeviantArt is expanding its system for flagging stolen NFT art
DeviantArt is expanding its tool for detecting ripped-off crypto art, offering it to artists outside the platform. DeviantArt Protect, which launched last year for art posted on the site, will now be available for work that isn’t hosted there as well. Users can upload copies of art to Protect and have it matched against non-fungible token (or NFT) images minted to one of several public blockchains.