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The disaster of Concord and its failure to attract the attention of players has been dissected and examined by most gaming journalists and industry experts in great detail.
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Trying to comprehend the events of last week in the gaming industry.
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Hyderabad: Telangana Government is going to launch a Web 3.0 regulatory sandbox soon. This will allow startups to build solutions around tokenisation, NFTs and similar new frontiers. This sandbox will help create a meaningful dialogue amongst all the stakeholders including regulators, startups and policy makers to arrive at a nuanced approach in evolving an effective […]
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By William D O’Connell There is a well-known saying shared by both crypto experts and sceptics: “Not your keys, not your coins.” The phrase, popularised by Bitcoin entrepreneur Andreas Antonopoulos, refers to how the contents of a crypto wallet are the property of whoever has access to that wallet’s digital “keys.” This means that unless […]
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Mumbai: Actress Sunny Leone has turned 41 on Friday and to treat herself and her fans she has joined hands with HeyHey, an online celeb-engagement platform, as a technology partner for her first-of-its-kind product combining NFTs, AI, fan verse, and more. On her birthday, Sunny will launch the ‘I Dream of Sunny’ fan verse owned […]
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Mumbai: Vistas Media Capital will launch its first metaverse experience in VistaVerse in association with Lotus Meta Entertainment, and in partnership with Raaj Kamal Films International’s much-awaited movie, Vikram starring Kamal Haasan, Vijay Sethupathi and Fahadh Faasil, music by Anirudh, directed by Lokesh Kanagaraj and produced by Kamal Haasan and R Mahendran. VistaVerse, the soon […]
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The last year has seen an incredible boom in the blockchain gaming sector, a genre of games where players can spend their time and resources to collect rewards that can then be traded using cryptocurrency (Bitcoin, Ethereum) channels. Axie Infinity, a game designed by Vietnamese developers Sky Mavis is one of the most popular blockchain […]
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New Delhi: After serious concerns were raised on cryptocurrencies and their misuse for money laundering and hawala-based transactions by terror groups and criminals, a new report has claimed that money laundering through the buying and selling of non-fungible tokens (NFTs) is becoming a growing sector. According to a report by Blockchain data platform Chainalysis, they […]
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Hyderabad: The announcement in the union Budget 2022-23 of introducing flat 30 per cent taxation on income from crypto and digital assets is being seen as a welcome move for innovators and experts working in this field. In her speech, Finance Minister Nirmala Sitharaman said, “There has been a phenomenal increase in transactions in virtual […]
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New Delhi: Giving clarity on taxation of cryptocurrencies and other virtual assets, Finance Minister Nirmala Sitharaman on Tuesday proposed a 30 per cent tax on income from transactions in such assets. Also, to bring such assets under the tax net, she proposed a 1 per cent TDS (tax deducted at source) on transactions in such […]
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New Delhi: The Indian Boxing Council, which is a regulatory body for professional boxing in the country, has partnered with the The Indian Art Revolution (TIAR) to launch NFTs which would include artwork, player profiles and key moments of the sport here. NFTs (Non-Fungible Tokens) are units of data stored on a digital ledger, called […]
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Walmart's trademark filings indicate that the company is looking to establish its own NFTs (non-fungible tokens) and cryptocurrency, reports CNBC.
