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Nifty News: Trump NFTs Surge 800%, Yuga Labs Blacklists NFT Exchanges, And That’s Only The Tip Of The Iceberg

Trump NFTs

Donald Trump’s NFT Collection Begun solid however at that point began looking lifeless as of recently.
Former US President Donald Trump’s Nonfungible Token (NFT) trading Card collection has seen a massive resurgence in daily sales volume lately.


Compared to Jan. 17 sales volumes, Jan 18. what’s more, Jan. 19 saw spikes of 800% and 600% respectively, according to market metrics aggregator Cryptoslam.

Some savants believe the renewed interest could be because of his imminent return to social media networks, following reports that the former president was looking to rejoin Facebook and Twitter in front of the 2024 presidential election campaign.

The collection of self-themed trading cards was launched in December.15, and at first priced at $99 each.

The buyers of the collection were entered into a sweepstake which included 1000s of prizes, which included one-for-one meals, zoom calls, and golf with the former President.

They immediately sold out and recorded daily sales volumes of more than $3.5 million, however at that point plummeted to a baseline of around $26,000 toward the finish of 2022.

Yuga Labs blacklists NFT Marketplaces

Bored Ape Yacht Club (BAYC) Creator Yuga Labs has blocked secondary trading of its “Sewer Pass” NFTs on marketplaces that don’t completely uphold creator royalties.

The NFT project was first announced on Jan.12th, it became available for minting.

Just Bored Ape Yacht Club or Mutant Ape Yacht Club holders can mint the Sewer Pass, which acts as an entry pass to its new skill-based NFT Game, called Dookey Dash.

A Royalty is a fee that is taken from the price of a purchase and sent to the content creator, and Yuga Labs has been vocal about its opposition to more extensive shifts within the industry to no Royalty marketplaces.


The Sewer Pass has seen a high volume of trades on secondary marketplaces, with a story price of 1.81 ETH ($2,809) and sales volumes of 15,627 ETH ($24,267,411) according to data from NFT Price Floor.

Based on Yuga Labs’ 5% creator royalty fee, secondary sales for the collection have already netted them revenues of more than $1.2 million.

Neopets raise $4 million to build Metaverse

Virtual pet website Neopets — which was well known throughout the 2000s — has raised $4 million from the gaming and blockchain investors with plans to create its own metaverse.

Some of the companies providing the funding are investment firm Polygon Ventures, investment firms HaskKet Capital and IDG Capital, gaming company NetDragon Websoft and Avalanche’s development reserve Blizzard Avalanche Ecosystem Asset.

According to the declaration, ‘Neopets Metaverse’ will be a play-and-earn virtual pet game based on the first, and would allow players to “raise, care for, customize, and battle with their Neopets” on the blockchain.

In the declaration, HashKey Capital’s investment director Xao Xiao notes: “We believe that GameFi plays a crucial job in the bigger metaverse narrative, serving as the intelligent layer in the value chain and a critical driver of traffic across web 2 and web 3.”

Neopets was established in 1999, and the company is confident that Neopets Metaverse will bring “the enchantment of Neopets in a positively fresh light to old-time players, as well as attracting and supporting a new generation of Neopians.”

The community has had an underwhelming response to the declaration, with some suggesting its previous effort at creating a Neopets metaverse had been a failure.

The company had at first launched a NFT collection using the Solana network on Nov. 12, 2021, which allegedly went so poorly that it came about in the hashtag #NoNeoNFT moving on Twitter.


Touch the Metaverse, Researchers say

A team of researchers from the National University of Singapore (NUS) has created a couple of haptic gloves that it believes can carry the sensation of touch to the metaverse.

The invention, called the HaptGlove, is an untethered and lightweight glove that will allow metaverse users to cooperate with virtual objects in a considerably more realistic fashion by conveying touch and grasp.

Source: NUSnews.

At the point when users put on the HaptGlove, they can detect when their virtual avatar’s hand touches something, as well as let how hard and know shape the object because of the HaptGlove restricting the user’s finger positions.

NUS claims that the HaptGlove will also be useful in different areas, like education and medication, by allowing specialists to plan for medical procedures in a “hyper-realistic environment” or giving understudies an involved learning experience.

The concept of haptic gloves isn’t new, with Meta working on their variant. However, NUS claim that its gloves can provide users with a substantially more realistic feeling of touch compared to others that exist today.

Those working on Metaverse Games have proposed that virtual reality is a particularly immature technology, it is difficult to incorporate it into metaverse products.Virtual reality Clients are yet to be launched by existing games.

More Nifty News:

On Jan. 18, NFT marketplace Rarible declared that it would grow its marketplace builder to include Polygon-based NFT collections.The CEO of the builder believes that community marketplaces will become the future of NFT buying and selling.

Crypto exchange Binance declared on Jan. 19 that it would fix its standards for NFT listings, expecting sellers to complete Know Your Customer verification and have at least two followers before listing on the platform. The firm plans to “periodically review” NFT listings that don’t “meet its standards” and recommend them for delisting.

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