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#NFT #NFT2.0 #ERC-1155

In 2023, the NFT 2.0 technical standard ERC-1155 is considered to be a hot trend. With the arrival of the cryptocurrency bull market in the second half of the year, the market prospects are promising.

We interviewed the founder of the CityVegas project, also known as the "Mayor". He is full of optimism about the development of NFT 2.0 technology and market. He said that NFT 2.0 technology adopts the ERC-1155 standard, which has many advantages over the traditional ERC-721 standard.

First, ERC-1155 allows multiple NFTs of different types to be created simultaneously in one contract. This means multiple NFTs can be transferred simultaneously in the same transaction, increasing transaction efficiency and convenience.

$BTC

Late last week, the world’s largest asset manager, Blackstone Group, filed for a Bitcoin exchange-traded fund (ETF), a move that surprised many.

Blackstone Group’s filing for a spot Bitcoin exchange-traded fund (ETF) is one of the biggest news of 2023 so far.

This proposed Bitcoin ETF differs from dozens of ETFs previously rejected by the U.S. Securities and Exchange Commission (SEC).

There are strong arguments for and against whether the SEC will approve the proposed ETF.

If the SEC approves it before the end of the year, the price of Bitcoin will surge by at least 30-50%.

On June 8, 2023, Alibaba International Station (AliExpress), the online retail subsidiary of Chinese technology giant Alibaba, announced that it would cooperate with Web3 developer The Moment3! to launch a series of NFTs based on shopping themes.

This upcoming series will contain 5,555 NFTs and is scheduled to debut on June 25, 2023. However, less than a day after the announcement, Alibaba International’s tweet was deleted. But The Moment3! has not deleted this message yet. The Moment3! official Twitter account was created on June 6, and there is no further introduction on other official channels. However, the collaborative tweet at that time did not include any link.

#NFT #CityVegas #Polkadot

NFT platform Enjin announced its transition to a new mainnet called Enjin Blockchain, aiming to further promote Web3 adoption. After the transition is complete, its Polkadot parachain called Efinity has been forked onto the new blockchain.

In the announcement, the Enjin team emphasized that Enjin Blockchain will be different from other blockchain solutions that rely on smart contracts. According to Enjin, functions such as creating and transferring NFTs will be integrated into the blockchain’s underlying code.

In addition to this, the blockchain also offers new functionalities. These include “Fuel Tanks,” which allow developers to subsidize users’ transaction fees, and “Discrete Accounts,” which allow users to interact with projects without downloading specific wallet software.

#arbitrum #arb

A bug occurred in the Arbitrum blockchain's software, causing the network to stop processing on-chain transactions for a period of time. According to the official Twitter account of the Arbitrum developer, this is due to a bug in Arbitrum's sequencer. The sequencer is responsible for receiving user transactions, creating transaction batches, and publishing them to the Ethereum chain.

eli_defi, community lead at the Arbitrum Foundation, wrote on Discord that the software bug resulted in a large backlog of transactions that were not posted to the chain, putting pressure on the network. "The solution was deployed earlier today and everything is currently running as expected."

Apple's new Vision Pro headset is said to "seamlessly blend digital content with the real world," potentially pushing the boundaries of a decentralized digital future.

Apple unveiled its new Vision Pro mixed reality headset on Monday, venturing into a competitive space already crowded with immersive digital technology. Apple positions its device as "a revolutionary spatial computer that seamlessly blends digital content with the real world while allowing users to stay connected and engaged with others."

The sleek device is an expansion of Apple's existing hardware lineup and can be controlled with the user's eyes, hands and voice input. Most impressively, Apple says the device will interact with digital content in a way that makes users feel like it's actually there in their space, meaning its high-resolution device can stream content virtually. Seamlessly projected into the user's physical space.

According to Vogue Business, Via Treasure Trunks are sold as soulbound tokens, meaning that once purchased, they cannot be transferred.

French luxury fashion brand Louis Vuitton is preparing to launch a new collection of physically linked NFTs called Via Treasure Trunks, providing exclusive members with unique products and experiences.

The new series will offer hundreds of digital boxes and will open registration to consumers in the United States, Canada, France, the United Kingdom, Germany, Japan and Australia on June 8. Select customers can then purchase the NFT on June 16 for €39,000 (approximately $42,000). As part of the token’s utility program, holders will receive a physical replica of their digital treasure chest, which will also unlock their access to upcoming Louis Vuitton products and immersive events. According to a press release, the brand plans to launch limited-edition products and experiences at "regular intervals" throughout the year.

Aside from Ethereum, Bitcoin has seen a sharp decline following its May highs via the Ordinal meme craze.

Like Ethereum, Bitcoin has been affected by the meme craze, with transaction volume via the Ordinal meme peaking in May. However, over time, Bitcoin’s meme craze waned and transaction volume dropped significantly.

Driven by the meme coin craze and massive MEV bot activity in May, average gas fees (transaction fees) on the Ethereum network dropped significantly in the first week of June, reaching their highest point in many months.

The collaboration will debut with 20,000 NFTs as its first series.

On June 5, 2023, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer goods retailer GameStop to launch a series of 20,000 NFTs starting on June 12.

According to the developers, "Illuvitars" NFTs are "dynamic collectible artworks that represent the unique expressions of specific Illuvial characters. Each Illuvitar has a power rating, determined by its rarity, to help you climb the leaderboards." "

Each "GameStop x Illuvitar D1SK NFT" contains a unique GameStop-branded "Illuvitar," which the developer says has "108 potentials based on six different Illuvials, three emotes, three background stages, and two decorations." combination. D1SKs contain randomized Illuvitars and accessories and can be traded on the Illuvi decentralized exchange. In addition, NFT holders are eligible for early access to Illuvium’s creature-collecting games Illuvium Overworld and Illuvium Arena, among other benefits.

The announcement that the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Binance, Binance US, and Binance CEO Changpeng Zhao (CZ) may have come as a surprise to the cryptocurrency community, but the SEC’s focus on the exchange has long been known. Reactions to the content of the lawsuit have been mixed.

Changpeng Zhao claimed in a tweet on the morning of June 5 that "the media obtained the information before us" and that the company had not yet seen the SEC's complaint. The urgency behind the scenes can be seen in two statements issued by Binance.

Binance called the lawsuit “disappointing” in a blog post, highlighting the SEC’s failure to provide clear guidance and guidance and its impact on financial innovation. A later statement released via email addressed the legal issues more closely, claiming a lack of due process and promising a vigorous defense.

Tabi (formerly Treasureland), an NFT market based on the BNB chain, announced on May 10 that it had completed a $10 million round of angel financing.

This round of financing was led by venture capital firms Animoca Brands, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors include Feng Bo of Dragonfly Capital, Riyad AD of Saudi Arabia and Yan Suji of Mask Network. According to the developers, the funds will mainly be used to develop Tabi’s gaming ecosystem and build the upcoming on-chain identity protocol. Binance Labs had invested in Tabi in May 2021.

It is reported that Hong Kong has legalized retail cryptocurrency trading and investment. This result is expected to bring billions of dollars in capital inflows and may mark the beginning of the next bull market.

There is one small problem, however, as it appears that there will not be any cryptocurrency exchanges supporting retail investors on day one. According to the latest news, existing cryptocurrency exchanges will automatically become illegal by June 1 unless they register in accordance with relevant regulations.

This move is likely to lead to a period of selling by investors in the market, as there are currently no legitimate trading platforms for retail investors to use. At the same time, this may also cause international problems, as Hong Kong has been the hosting place for many cryptocurrency companies.