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Leading NFT updates for February 12, 2024: Mastercard introduces an NFT UEFA Champions League Trivia Game, Kresus wallet integrates with Sotheby’s Metaverse, and ByBit collaborates with UniSat.
NFT Market Data
The sales volume for non-fungible tokens (NFTs) has decreased today, falling by 7% over the last 24 hours to $36,831,744.
There has been a decline in buyers, sellers, and transactions by 8%, 2%, and 1%, respectively.
Among the top 10 collections ranked by sales volume, Pandora continues to hold the #1 position, as reported by CrayptoSlam. Despite a 6% drop in the last day, its sales volume is recorded at $7,896,182.
In second place, Doodles has increased by 157% to $1,766,426.
Ordinal Maxi Biz experienced the most significant growth in the past day, rising 1,735% to $674,822.
The largest decline was 41%, observed in Uncategorized Ordinals, which now stands at $655,886.
In today’s NFT news, learn about Mastercard’s new NFT trivia game, Sotheby’s Metaverse incorporating Kresus wallet, and Bybit Web3 teaming up with UniSat to facilitate an integrated inscription marketplace.
Mastercard Launches NFT UEFA Champions League Trivia Game
The payments leader Mastercard has unveiled its Web3-based trivia contest aimed at football enthusiasts. It rewards participants for their knowledge of the UEFA Champions League and “will crown football’s top trivia expert,” according to the announcement.
This trivia game will be part of a new initiative named pass to priceless, which “integrates Mastercard’s Web3 assets into a cohesive platform.”
Through this platform, players can acquire Mastercard X UEFA Champions League-themed digital passes, which are issued as NFTs.
This provides them with the opportunity to win tickets to the Final at London’s Wembley Stadium.
Source: mastercard.com
The real-time football-themed quiz will be available throughout the UEFA tournament for Mastercard cardholders in France, Spain, Germany, the UK, Italy, the USA, Mexico, Colombia, Brazil, and Argentina.
Each quiz will commence 30 minutes prior to each UEFA Champions League round of Tuesday matches, starting on February 13 and concluding on June 1.
Participants will respond to questions ranging from the highest-scoring game to the year of the inaugural Group Stage.
Winners of each round will receive UEFA Champions League match tickets, allowing them to ascend the leaderboard.
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The individual leading the leaderboard after the semi-final on April 30 will secure the grand prize of tickets to the final at London’s Wembley Stadium.
Kresus Wallet Joins Sotheby’s Metaverse for NFT Management in One Place
The auction house Sotheby’s Metaverse has incorporated the Web3 application Kresus as a supported digital wallet option. According to the announcement, collectors can now purchase and store digital artworks via the app.
The inclusion of Kresus “provides the simplest method for storing digital art for both newcomers to the digital art scene and seasoned NFT collectors seeking a comprehensive mobile-first Web3 wallet,” the press release stated.
It further noted that Kresus features unique technology: the app enables users to recover assets even if they lose access to their email, which it describes as “’goof-proof’ security.”
This tool, combined with complete user control, is essential for Sotheby’s ecosystem to offer digital collectors a secure vault for their high-value NFTs, according to Kresus.
Additionally, Sotheby’s announced it will conduct a Sealed Auction of Ether Rock from February 14 to 21.
Uniform in shape, their distinctiveness lies in color, showcasing early JPEG tokenization. Following Cryptopunks, @EtherRock played a crucial role in shaping the NFT movement. pic.twitter.com/787JpKyhnO
— Sotheby’s Metaverse (@Sothebysverse) February 8, 2024
Bybit Web3 Partners with UniSat to Power Integrated Inscription Marketplace on BRC-20 Ecosystem
In other NFT developments, cryptocurrency exchange Bybit has revealed a strategic alliance with UniSat, a bitcoin service provider that facilitates inscription assets.
As stated in the press release, by integrating UniSat’s cross-chain technology, the exchange is establishing a unified inscription platform that accommodates BRC-20 tokens across various blockchains.
This initiative removes the necessity for users to navigate multiple platforms, “simplifying and streamlining” the inscription process.
Delighted to partner with @Bybit_Web3! A big step forward! We’re excited for what’s ahead!
https://t.co/743JspItkF
— UniSat – Inscribe your dream. (@unisat_wallet) February 9, 2024
Delighted to partner with @Bybit_Web3! A big step forward! We’re excited for what’s ahead!This collaboration “represents a significant milestone in the progression of the inscription market.” Users can effortlessly access a comprehensive backend logic system that monitors and evaluates BRC20 assets.
The exchange indicated that this offers users valuable insights and informed trading choices.
UniSat’s interoperability solutions will pave the way for enhanced liquidity pools for inscribed BRC-20 tokens on Bybit.
Consequently, this will expand access for investors and secondary markets, enhancing the overall value proposition of the inscription ecosystem, as stated in the press release.
Do you know what Web3 #Inscriptions are?
TLDR; They transform satoshis into unique, #Bitcoin-native digital artifacts, similar to NFTs (non-fungible tokens) on other blockchains.
Learn more
https://t.co/MAJmZFFwX4 https://t.co/3DehukaAd3
— Bybit (@Bybit_Official) February 9, 2024
Do you know what Web3 #Inscriptions are? The post Mastercard Launches NFT UEFA Champions League Trivia Game + More NFT News appeared first on Cryptonews.
