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NFT

NFTs are unique digital identifiers recorded on a blockchain that certify ownership and authenticity of a specific asset. Moving past the "PFP" craze, 2026 NFTs emphasize utility, representing everything from IP rights and digital fashion to RWA titles and event ticketing. This tag explores the technical standards of digital ownership, the growth of NFT marketplaces, and the integration of non-fungible tech into the broader Creator Economy and enterprise solutions.

12580 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
50% Workforce Cut for New Model

50% Workforce Cut for New Model

The post 50% Workforce Cut for New Model appeared on BitcoinEthereumNews.com. Sandbox layoffs have reached a critical milestone as the metaverse platform that during the NFT boom raised $93 million from SoftBank undergoes a dramatic transformation by laying off 250 employees — half its workforce — and pivoting to a memecoin launchpad business model. Summary The Sandbox is shifting from a game and metaverse that, at one point, had thousands of users but is now dwindling to hundreds, prominent analysts say. The entity will now shift toward a memecoin launchpad model, not dissimilar from platforms like Pump.fun. Questions remain as to what the slashing of over half its workforce will mean for the Animoca Brands-managed Sandbox. Virtual world pioneer The Sandbox is reportedly planning to lay off more than half of its workforce and replace its co-founders with a new CEO, marking a dramatic shift for the once-prominent metaverse platform. The news, first reported by French journalist Gregor Raymond on August 28, signals what many industry observers view as an inevitable reckoning for a company that has struggled to justify its valuation amid declining interest in virtual worlds and NFT gaming. Founded by Arthur Madrid and Sebastien Borget, The Sandbox emerged as a flagship project during the 2021 NFT boom, promising immersive digital experiences and virtual real estate opportunities. The company has so far not commented on the report, though reaction online has been one of muted expectations for metaverse projects, particularly in the latest cycle. This potential transformation — from metaverse gaming platform to what sources suggest could be a memecoin trading launchpad — would represent one of the most significant strategic pivots in cryptocurrency history. It underscores the broader challenges facing virtual world platforms that once commanded premium valuations but have struggled to maintain user engagement and revenue streams. The development raises questions about whether this marks a broader…

Author: BitcoinEthereumNews

2025/08/29

Pepenode ($PEPENODE) Nears $500k In Presale

Pepenode ($PEPENODE) Nears $500k In Presale

The post Pepenode ($PEPENODE) Nears $500k In Presale appeared on BitcoinEthereumNews.com. For far too long, the meme coin market has been flooded with a countless number of presales that offer neither engagement, utility, nor innovation.  Even after launch, most of these projects still relegate early participants to passive investors, and as a result, they often fade into obscurity quickly.  Pepenode, however, stands apart from the crowd, thanks to its robust staying power, genuine virtual mining utility, and rapidly growing community base. Unlike typical fleeting meme coin presales where investors buy tokens and then wait for weeks or months before anything happens, Pepenode delivers immediate engagement and utility right from day one.  At its core is a virtual mine-to-earn system where users can start building, earning, and competing the moment they join the presale, all without physical hardware.  Basically, this ecosystem seamlessly combines virtual mining with gamified rewards, allowing participants to set up miner nodes, upgrade facilities, and climb through a leaderboard specially built to incentivize consistent engagement.  Combined with the allure of earning real meme coins like Pepe and Fartcoin, Pepenode is clearly establishing a strong and unique value proposition even before it arrives on exchanges.  It is therefore not without reason that its presale has been witnessing heavy demand since its debut, raising approximately $500k at press time.  And with the price currently available for as low as $0.001032, more smart money investors are beginning to pay attention, signaling that it could sell out of schedule.  Introducing Pepenode  Crypto mining has been a hassle. Small miners are struggling to stay profitable, tech nerds keep dominating the space, and the barriers to entry are even higher than ever.  Changing the whole game is Pepenode, a fully decentralized project that combines virtual mining with meme coin rewards in ways that haven’t been seen before in the crypto space.  At the heart of…

Author: BitcoinEthereumNews

2025/08/29

Ethereum Sees Contract Boom In 2025, Setting Stage For $5,000 Rally

Ethereum Sees Contract Boom In 2025, Setting Stage For $5,000 Rally

Although Ethereum (ETH) failed to break the $5,000 mark on August 24 – pulling back from a new all-time high (ATH) of $4,956 – the second-largest cryptocurrency by market cap may soon cross that milestone, driven by booming new contract activity. Ethereum New Contract Activity Booming – Will Price Follow? According to a CryptoQuant Quicktake post by contributor PelinayPA, a sharp rebound in Ethereum contracts could be seen in 2024 and 2025. This year specifically, new contracts surged dramatically as ETH price climbed beyond $4,500. The CryptoQuant contributor highlighted that during the 2016-17 market cycle, new contract activity remained relatively muted. Despite the subdued activity, ETH price entered a strong uptrend. Related Reading: Ethereum Price Lags Despite All-Time High In Daily Transactions – What’s Next For ETH? On the contrary, following the 2018 bull run, ETH entered a price downtrend despite a rise in new contracts. ETH’s price reaction to a growth in new contracts showed that usage growth could not offset the bursting of the speculative bubble surrounding digital assets. Meanwhile, during the 2020-21 bull market, Ethereum contract creation spiked significantly, in-line with the decentralized finance (DeFi) and non-fungible tokens (NFT) boom. At the time, increased network activity served as a key catalyst in aiding ETH’s rally. Later – during the 2022 bear market – both contract number and ETH price dropped. The digital asset’s price and network activity was also adversely impacted due to dwindling developer interest and user demand during the market cycle. The aforementioned examples confirm that over the long-term, growth in contract creation shows rising confidence and adoption within Ethereum’s ecosystem. These factors play out positively for ETH’s price. That said, sudden surge in contract creation have not always directly resulted into price gains. This was evident from the price corrections observed during 2018 and 2021 cycles. What Does The Current Outlook Indicate? In her analysis, PelinayPA remarked that the latest surge in new Ethereum contracts signals renewed network activity, primarily driven by DeFi, NFT, and institutional adoption. If the trend sustains, it could fuel the next ETH bull run. Related Reading: Ethereum Average Daily Outflow Hits 40,000 ETH Amid Rising Buying Pressure – Details As far as long-term effects are concerned, the analyst said that consistent growth in new contracts highlights Ethereum’s rapidly expanding real-world use-cases. This gives immense support to ETH’s price. However, hype-driven contract spikes can lead to short-lived price corrections. Recent predictions point toward further room for growth for Ethereum. For instance, Fundstrat co-founder Tom Lee forecasted that ETH may climb to $5,500 “in the next couple of weeks.” In the same vein, Standard Chartered’s digital assets research chief, Geoffrey Kendrick, noted that ETH could rise to $7,500 by the end of the year. At press time, ETH trades at $4,582, down 0.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

Author: NewsBTC

2025/08/29

Crypto News Today: Key Events and Market Highlights

Crypto News Today: Key Events and Market Highlights

The cryptocurrency market experienced notable developments today as traders and investors closely monitored price movements and regulatory updates. Several key events across the crypto sector highlight ongoing trends and challenges faced by the industry in 2023. Market Overview and Price Movements Bitcoin’s price saw moderate fluctuations today, maintaining its position above the $30,000 mark amid [...]

Author: Crypto Breaking News

2025/08/29

Sony Pushes Deeper Into Web3 With New On-Chain Reputation System

Sony Pushes Deeper Into Web3 With New On-Chain Reputation System

The post Sony Pushes Deeper Into Web3 With New On-Chain Reputation System appeared on BitcoinEthereumNews.com. Blockchain Sony’s Layer-2 blockchain network, Soneium, has unveiled a new feature called Soneium Score, a reputation and reward system aimed at measuring real user participation across its ecosystem. According to the announcement, Soneium Score assigns points to users based on their blockchain activity, such as staking, token swaps, and NFT transactions. The framework evaluates four main categories: daily streaks, liquidity provision, NFT holdings, and bonus tasks linked to featured ecosystem partners. Soneium said the goal is to tackle two common challenges in Web3: the absence of a consistent way to measure user reputation, and the difficulty projects face in sustaining engagement. By quantifying participation, the system is designed to encourage long-term involvement rather than short bursts of activity. Season 1 With Ecosystem Partners The program’s first season launches in collaboration with a group of DeFi, gaming, and NFT projects, giving users immediate opportunities to build reputations while earning rewards. “Season 1 launches with prominent ecosystem partners to offer users immediate opportunities to build their reputations while exploring diverse applications,” Soneium said. Sony’s Blockchain Push Soneium is an Ethereum Layer-2 developed by Sony Block Solutions Labs, a joint venture between Sony Group Corporation and Startale Labs. The network went live in January following a test phase that saw more than 14 million wallets participate. With Soneium Score, Sony is adding a new layer of gamification and identity-building to its blockchain, as on-chain scoring systems gain traction across the industry. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8…

Author: BitcoinEthereumNews

2025/08/29

DeFi Development Corp. boosts its Solana holdings by 29% with a $77 million purchase

DeFi Development Corp. boosts its Solana holdings by 29% with a $77 million purchase

The post DeFi Development Corp. boosts its Solana holdings by 29% with a $77 million purchase appeared on BitcoinEthereumNews.com. DeFi Development Corp. has doubled down on its bet on Solana, scooping up 407,247 SOL, worth about $77 million at current prices. The latest acquisition takes the company’s total holdings to more than 1.83 million SOL, roughly $371 million, and strengthens its claim as one of the largest institutional Solana treasuries in the market.  The buy was fueled by fresh capital from a recent equity raise, and DeFi Development still has over $40 million from the same raise set aside for future purchases. DeFi Development’s treasury rose by 29% as a result of this purchase, which has put it in touching distance of the top spot among corporate SOL holders. DeFi Development opens purse for Solana buys Before this acquisition, DeFi Development held 1.42 million SOL. The new haul brings its exposure up by nearly a third, pushing its Solana-per-share (SPS) ratio to 0.0864, which equates to $17.52 worth of SOL per share outstanding. The company currently has around 21 million shares in circulation, though it acknowledged that once warrants from its equity raise are factored in, the figure could rise to roughly 31 million. Even so, the company mentioned that the SPS ratio should remain comfortably above the previously flagged 0.0675 threshold, meaning shareholders can expect their proportional Solana exposure to hold steady despite future dilution. The Solana treasury race heats up DeFi Development’s aggressive move comes as the corporate race to build Solana treasuries gains momentum. Publicly listed firms now hold more than $800 million worth of SOL combined, with names such as Upexi, SOL Strategies, and Torrent Capital, among others, leading the way. Sharps Technology has also signaled plans to join the fray, outlining a $400 million Solana treasury initiative. Solana treasury rankings as of August 28, with DeFi Development’s yet to be updated. Source: Coingecko Meanwhile,…

Author: BitcoinEthereumNews

2025/08/29

U.S. Government Taps Pyth Network for Onchain Economic Data

U.S. Government Taps Pyth Network for Onchain Economic Data

The post U.S. Government Taps Pyth Network for Onchain Economic Data appeared on BitcoinEthereumNews.com. In a landmark move, the U.S. Department of Commerce has selected Pyth Network to verify and distribute official economic data onchain. The goal: greater transparency, real-time access, and a public record that can’t be altered. Today’s announcement, made by Howard Lutnick and Donald Trump, signals a major leap for decentralized tech in public data infrastructure. It also validates Pyth’s reputation as a trusted data provider in global finance. The U.S. Department of Commerce has selected Pyth Network to verify & distribute economic data onchain 🏛️ Today’s announcement by @howardlutnick & @realDonaldTrump marks a landmark step for the adoption of decentralization & validates Pyth’s role as a trusted data source 🧵 ⬇️ pic.twitter.com/cOvw8lDNhP — Pyth Network 🔮 (@PythNetwork) August 28, 2025 A Historic Collaboration Pyth has been working closely with the Department of Commerce for months. Now, as the official data source for this initiative, the network will power the verifiable publication of economic stats onchain. Howard Lutnick’s push for data innovation has positioned the U.S. to lead the world in financial transparency. And Pyth is at the center of that vision. With 100+ blockchains and 600+ apps already relying on its data feeds, Pyth combines openness, security, and speed in ways few protocols can match. That made it the ideal choice for the government’s first big onchain data experiment. Why This Move Matters For decades, economic data has been siloed behind agencies, websites, and slow distribution channels. By putting it onchain, the Department of Commerce is ensuring anyone, anywhere, can access the same official numbers at the same time—no middlemen, no delays, no doubts. This move unlocks new opportunities: Transparency: Immutable records remove questions about revisions or data tampering. Access: Developers and businesses can integrate official stats directly into applications. Trust: Onchain publication makes economic data verifiable by design. As Howard…

Author: BitcoinEthereumNews

2025/08/29

PSG1 Solana, portable Web3 console with hardware wallet

PSG1 Solana, portable Web3 console with hardware wallet

The post PSG1 Solana, portable Web3 console with hardware wallet appeared on BitcoinEthereumNews.com. A portable device designed for Web3 gaming and asset custody arrives: PSG1 Solana features an OLED display, a hardware wallet and limited edition versions. The first units for preorder are expected on October 6, 2025, according to the company. In this context, we are talking about a device that attempts to combine entertainment and security without excessive complications for the end user. Update August 28, 2025: we have analyzed the available technical documentation for the preorder campaign and reviewed images and specifications of the promotional material. In preliminary tests on a prototype provided for evaluation, the local management of signatures showed average response times in the range of hundreds of milliseconds for standard operations; these results are indicative and will need to be confirmed on final units. Industry analysts observe that the native integration of a hardware wallet can reduce user onboarding errors compared to exclusively software flows, improving the usability of dApps. To provide context, Solana aims for high throughput and low latency as described in its technical documentation, while best practices for hardware wallets are illustrated by manufacturers and industry whitepapers. What changes: console and cold wallet in the same device PSG1 Solana is designed to combine gaming, token management, and NFT access to dApp on the Solana ecosystem. The stated goal is to reduce entry barriers into Web3 by offering local key custody and a portable console interface. An interesting aspect is the attempt to bring critical asset management functions and gaming activities into a single device, thus eliminating intermediate steps. For general information on hardware wallets and security models, also see the industry guide on the role of devices dedicated to key custody. Main Specifications (in brief) Chipset: Rockchip RK3588S octa-core Wikipedia RAM: 8 GB LPDDR4X Storage: 128 GB eMMC OLED Screen: 3.92″, 1240×1080 Connectivity: Wi‑Fi…

Author: BitcoinEthereumNews

2025/08/29

PEPETO Price Prediction 2025: The Ethereum Memecoin Set to Beat Solana and Cardano

PEPETO Price Prediction 2025: The Ethereum Memecoin Set to Beat Solana and Cardano

With Bitcoin’s halving complete and a fresh cycle beginning, investors are searching for the projects that combine timing, fundamentals, and […] The post PEPETO Price Prediction 2025: The Ethereum Memecoin Set to Beat Solana and Cardano appeared first on Coindoo.

Author: Coindoo

2025/08/29

Pepenode ($PEPENODE) Nears $500k In Presale – Is This The Next Big Meme Utility Token?

Pepenode ($PEPENODE) Nears $500k In Presale – Is This The Next Big Meme Utility Token?

For far too long, the meme coin market has been flooded with a countless number of presales that offer neither engagement, utility, nor innovation.  Even after launch, most of these projects still relegate early participants to passive investors, and as a result, they often fade into obscurity quickly.  Pepenode, however, stands apart from the crowd, […]

Author: The Cryptonomist

2025/08/29

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