The startup’s latest initiative will include a comprehensive program to increase investment of its resources and innovation in the burgeoning industry. The goal of bitsCrunch is to make NFT data more accessible to developers and startups building projects that add value to the market. At the same time, it will allow the community to drive adoption and innovation for the future.

The Startup Program will allow early stage developers and startups to use bitsCrunch’s analytics and risk management tools to their advantage for free or at minimal cost.

“As leaders in data forensics and multichain analytics for the global NFT market, any innovations in the space need to be shared for the betterment of the industry. The wide breadth of use cases can’t be done by only bitsCrunch, so the company is excited to see how deep and wide other projects can go with the platforms and APIs it has created.”

says Kevin Conabree, Global Head of Growth, bitsCrunch.

The minimum eligibility to apply for the program is having a solid use case of NFT data for each project. Having said that, the criteria to apply differ for startups and developers. However, both are required to have a well-researched or tested idea that keenly focuses on NFT utilization or protection.

“Entering the polygon ecosystem through a partnership with Magic Eden, one of the world’s largest NFT marketplaces, is expected to be another important catalyst to expand the BORA ecosystem. We will continue to increase our partnerships, in order for our high-quality BORA contents to have great potentials.”
said Youngjun Lim, CBO at BORANETWORK

As a new partner of Polygon, “Magic Eden” has attracted about $130 million in Series B investment in June 2022, growing into a unicorn company with an enterprise value of $1.6 billion.

With Magic Eden, BORA’s Web3 Game NFT asset will have much more abundant distribution alongside its previous channels of sales at OpenSea and BORA NFT marketplace.

BORANETWORK is focused on activating their ecosystem by developing promising game/entertainment/sports contents.

Oscar Darmawan, the CEO of Indodax  said the blockchain ecosystem in Indonesia has developed so much and emulated other countries. In the Southeast Asian region, Indodax is also one of the local exchanges with the most members. He said:

“There are many crypto and blockchain asset developers in Indonesia. As a matter of fact, there are many companies in Indonesia stating that they are ready to develop blockchain technology.”

In Indonesia, crypto is not authorized as a currency or payment method. Crypto is only authorized as investment, hence crypto is treated and defined as assets. The government has recognized crypto assets as one of the important commodities.

Oscar added:

“From the regulator’s point of view, I see that the government has been very receptive to crypto. The Indonesian government not only gives a nod to crypto trading but is also very open to crypto asset exchanges like Indodax and strongly supports the development of crypto tokens created by the local creators.”

The rapid trend of investment in crypto assets is in line with data from the Trade Ministry’s Futures Exchange Supervisory Board (Bappebti) which is responsible for directly overseeing crypto investment in Indonesia. Based on data from Bappebti, the number of crypto investors at the end of 2021 has reached more than 11 million, increasing significantly from 4 million investors recorded in 2020.

On the Boom app, the main function is that users and creators can create their Boom account to browse through news or share their opinions about the current crypto market. Users are able to follow news that is published by Whales or KOLs and creators are able to share information or ideas on their account privately or publicly.

With the recent updates, Boom came out with a function which allows users to display their NFTs or Token into their profile as they wish. With this function, while users read through articles and posts by KOL or Whale’s, they are able to verify the credibility of the info based on the asset they hold.

As Boom is a community-centric-based application, they have also launched a $1M Creator Fund with the idea to provide better support to content creators.

While these physical assets provide token owners with short-term value, the utility of each NFT provides owners with a wide range of access, membership, service, and reward perks that renew annually increasing the ROI overtime. Matthew Hoffman, Founder of the Hobby Cartel said:

“Hobby collectibles have become an emerging asset class that can’t be ignored and we’re all in. Blockchain technology will be the catalyst that doubles the total addressable market in the next 7 years. We want to help foster that growth through increased accessibility, participation and value transparency.”

There are 5 different variant levels within this collection:

• True Believer
• Super Rare
• Ultra Rare
• Rare
• Uncommon

The company aims to build MetaCity, its first metaverse project, as a decentralized place where residents can take ownership. MetaCity has 150,000 Lands which will be open for sale in January. A Land is a digital piece of real-estate in TOKAU’s metaverse.

TOKAU said that although the MetaCity page will be ready for selling the Land, many functions can only be available on January 26, 2022. One Land will be saved for TOKAU NFT holders and they will share permanent ownership of the Land. Dennis Tok, CEO of TOKAU said:

“We believe that in the metaverse, rich content NFT will be an important component. By rich content, I mean here are creative content, consumable content, dissemination of content, the production of content, commentary on the content, rental content, stake content, etc. NFT will be the main real asset in the future virtual world.”

MetaCity is a virtual world GameFi where the users can interact with celebrities and can get rewarded with TOKAU tokens. In MetaCity, users can stake TOKAU tokens to get Ore NFT, the main carrier of value in MetaCity. Ore NFT can be applied into different scenarios in MetaCity. TOKAU NFT holders and TOKAU token holders will enjoy the privilege of entering MetaCity, where regular Airdropping Events will take place.

The blockchain company is in collaboration with many celebrities, including Hip Hop stars Snoop Dogg, Russell Simmons, NBA super star Allen Iverson, and actor Ian Somerhalder.

POD is a Web3 project that collaborates and manages all metaverse data (metadata) in a single interface for developers, builders, and users.

Any object in the metaverse is essentially metadata. An address, identity, transaction, or NFT all comprise forms of metadata.

There are some pain points of Metadata Management. The key metadata pain points that POD solves are:

• Hard to Find – On-chain data is scattered in contracts on different networks. It’s not yet possible for contracts to obtain all data from one single common environment.
• Hard to Relate – Due to the non-relational storage, it’s hard to trace the relationship between two entities or associate entities with their metadata.
• Hard to Utilize – Each network or app is unique in data transmission methodology. Thus, data from different sources have to be pre-processed before they can work in tandem.

There are also benefits for Data Providers. They can increase data searchability; provide data conformity system; empower NFT with infinite expandability.

And benefits for Data Consumers as quick access to multi-chain data; easy data category definition and tags for data management.

POD’s goal is to bring different parties together and establish a collaborative dialogue to inspire the decentralized community. Together, POD can arrive at an agreed-upon data collaboration standard in an organic, bottom-up manner.

The company is undergoing a revamp. GameStop is asking select game developers and publishers to list NFTs on its marketplace when it launches later this year, the WSJ report said.

The retailer has hired more than 20 people to run the unit which is building an online hub for buying, selling and trading NFTs of virtual videogame collectibles such as avatar outfits and weapons.

GameStop launched its NFT website last year and has been inviting creators to join the platform.

With the “Value of Touch”, NIVEA wants to bring attention to the power of touch, using NFTs to discuss the value society currently attributes to it, and to spark a discussion about how touch can be valuable and powerful, even if freely available to all.

The artist behind NIVEA’s NFT art piece is Clarissa Baldassarri. She is an Italian visual artist who suffered from temporary visual impairment early on in her career as a painter. The limitations she experienced inspired her to rediscover art through what she calls a conscious touch.

NIVEA’s NFT art will be minted on Polygon and will be available as a limited edition for free via a dedicated NIVEA website.

The painting by the famous French artist Pierre Auguste Renoir “Double Portrait of Jeanne Baudot” will be the first masterpiece to be auctioned. According to the project webpage, global sales will start on December 22 at 16:00 Moscow time.

“The Greatest Works of Art” is the first special project of Third Place NFT. Its main mission is to create the largest accumulated collection of classical art. As part of this project, the platform plans to locate world-famous art objects verifying their authenticity in partnership with a number of major museums, and, with the help of NFT technology, to make them accessible for everyone.

As part of the tokenization Renoir’s painting will be divided into 1125 exclusive NFT tokens. Its holders will receive the rights to use the painting, exclusive rights to digital copies of the acquired NFTs, as well as non-exclusive rights to a full digital copy of the famous artist’s painting.