Headlines: South Africa, Trust and Kevin Rose’s loss

South Africa: Risks of Crypto and NFT Advertising South Africa‘s Advertising Regulatory Board has issued new guidelines regarding the advertising of cryptocurrencies, which include warnings to buyers of the risks involved and instructions to explain necessary details in an understandable way. Furthermore, advertisements must give a balanced message about features, benefits, and risks associated with… Continue reading Headlines: South Africa, Trust and Kevin Rose’s loss

Headlines: NFT Adoption Predicted to Rise

Auction Houses are partnering with wine producers as art galleries want to capitalise on the global trend, according to the South Africa NFT Market Intelligence Report 2022–2028. The publisher anticipates that over the next three to four years, an increase in the number of online marketplaces where users may purchase, sell, and trade NFTs would… Continue reading Headlines: NFT Adoption Predicted to Rise

Headlines: FTX, EMURGO, META

The African Crypto Community Will Feel the Effects of the FTX Crash for a Long Time Nestcoin, a Nigerian cryptocurrency firm, announced layoffs last week after its FTX account was suspended as a result of the platform’s insolvency. And African cryptocurrency investors and entrepreneurs feel the aftermath will continue to have an impact on a… Continue reading Headlines: FTX, EMURGO, META

Cadillac commissions and auctions original NFTs by Nyla Hayes

Cadillac purchased original NFTs created by Nyla Hayes and auctioned them as part of its Black Future campaign. The NFTs are Cadillac’s first foray into the Web3 sector, which includes token-based marketplaces, and were designed in the iconic “Long Neckie” style of Hayes. The Save The Music Foundation will profit from the auction’s proceeds. Cadillac… Continue reading Cadillac commissions and auctions original NFTs by Nyla Hayes

NFT collection debuts honouring Black Women in Technology

There are ten pieces of art being produced, each with a name and personality assigned to it, to honour the dominance of black women in the computer industry. The goal is to collect money to encourage and support young ladies to work in the industry. The collection was introduced by the organisation Global Tech Advocates,… Continue reading NFT collection debuts honouring Black Women in Technology

OpenSea will use an on-chain enforcement tool to impose royalties for new collections.

The nonfungible (NFT) marketplace OpenSea appears to have weighed in on the discussion of NFT royalties by introducing a new “on-chain” tool that aids in the enforcement of royalties by artists. The NFT market, which, according to CoinGecko, holds 66% of the market share in NFT marketplaces, has been somewhat quiet on the subject of… Continue reading OpenSea will use an on-chain enforcement tool to impose royalties for new collections.

Uhuru NFTs are digital collectibles that portray the transatlantic slave trade as a historical event

Uhuru NFT, a collection of restricted Afrocentric NFTs hosted on the Ethereum blockchain, has been established by one of Africa’s most innovative web 3 companies. In contrast to other NFT projects, Uhuru NFTs aim to create a metaverse (Uhuruverse) for African creativity where Africans can experience African stories by telling relatable stories of African culture… Continue reading Uhuru NFTs are digital collectibles that portray the transatlantic slave trade as a historical event

Introducing the realm of NFT art to Africa

The African NFT Art Collective was established by Leora Hessen, a co-founder of Artjamming, in an effort to promote South African artists within the NFT industry. After speaking with numerous artists, both established and up-and-coming, I realised that if this was a completely foreign concept to them, it was not a simple concept to understand.… Continue reading Introducing the realm of NFT art to Africa

In order to increase the use of Cardano for NFTs in Africa, EMURGO Africa’s Adverse Invests in Momint.

Momint, a Web3 marketplace that enables trading in cryptocurrencies and NFTs simple for users of all skill levels, recently announced its investment by Adaverse, an EMURGO-backed Web3 accelerator focused on Cardano ecosystem development in Africa. Alongside Rob Hersov, simple.Capital, Mountain Partners, Outlier Ventures, and Momint, Adaverse participated in the fiercely contested seed round. As a… Continue reading In order to increase the use of Cardano for NFTs in Africa, EMURGO Africa’s Adverse Invests in Momint.

Launch of the Commemorative NFT Series is announced by Grambling State University.

In order to release a number of commemorative NFTs that will provide exciting rewards and VIP experiences tied to collecting, Grambling State University announced a partnership with Fanaply, the eco-friendly NFT solution provider for the biggest names in sports, music, and entertainment in the world. The other partner is Urban Edge Network. Through Fanply, fans… Continue reading Launch of the Commemorative NFT Series is announced by Grambling State University.

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