Latest News & Developments
nft
IMF and regulators set out roadmap to contain crypto risks
‘Widespread adoption of crypto-assets could undermine the effectiveness of monetary policy, circumvent capital flow management measures, exacerbate fiscal risks, divert resources available for financing the real economy, and threaten global financial stability,’ the paper said.
Customer loyalty and rewards programs in the spotlight as consumers face increasingly bleak economic times
Loyalty programmes have become particularly important they help businesses retain customers, increase customer engagement and boost sales.
South African musician Ben Caesar shows how artists can make it big in the NFT space
The award-winning South African musician is not only making waves with his unique sound, he’s also revolutionising the way musicians are profiting from their own creations.
Anatii speaks on NFTs and the importance of exposing the masses to new technologies
Anatii is one of the rare local artists who are truly harnessing the power of modern technology.
Burger King x Pepsi collaborates with renowned artist African Ginger for ‘X Marks the Drop’ NFT campaign
The initiative involves South Africans participating in a nationwide search for virtual tokens, with an opportunity to win an original African Ginger piece of art.
Rockstar won’t allow cryptocurrencies and NFTs in GTA online role-play servers
Rockstar has issued an update on cryptocurrencies and NFTs.
Meta to test ways to make & sell NFTs on Instagram
Meta announced that it was testing a new feature with “a small group of creators in the US” to buy and sell non-fungible tokens (NFTs) on Instagram.
Crypto pulled off its big upgrade. Even larger ambitions await
Ethereum founder Vitalik Buterin and his team successfully finished a long-awaited transition of their blockchain – shifting how it verifies transactions from a system based on complex computer calculations to one that relies on humans
Sour turn in record deal for world’s first non-human rapper
Artificial Intelligence rapper FN Meka -- the world's first non-human musician -- is a Black male cyborg which recently scored the record deal, but a racial slur changed all that.
Porchie becomes SA’s first artist to launch generative NFT art collection with his unique collectibles
Viljoen’s NFT collection will consist of unique collectibles, with no duplicates.
Could Meta Pay allow payments through WhatsApp?
The previously named 'Facebook Pay' has now become 'Meta Pay' amid a rise in the adoption of digital payment methods.
Meta is launching a virtual fashion store with luxury designer clothes
Meta is launching a virtual fashion store with designer clothes to offer Facebook and Instagram a ‘fresh fit’ for their avatars.
The hacking of non-fungible tokens
Almost overnight NFTs, the so-called rare JPEGs, became hugely popular as an investment instrument.
South African company helps hang local art in virtual world
As South African artist Fhatuwani Mukheli paints a portrait of a woman at his Johannesburg studio, he is creating not only the work before him but also a digital asset - a non-fungible tokens (NFTs) - destined to adorn a virtual world.
'Enormously risky': How NFTs lost their lustre
The number of NFTs traded in the first quarter of this year slumped by almost 50% compared to the previous quarter, according to analysis firm Non-Fungible.
Starbucks launching NFT-based loyalty programme
Starbucks is planing to launch NFT-based loyalty programme as part of a “digital ecosystem”.
The world’s first NFT billionaires: Meet the co-founders of OpenSea
Five years after launching their company, the founders of NFT platform OpenSea Alex Atallah and Devin Finzer, have seen the fruits of their labour.
Cryptoverse: NFT bubble gets that shrinking feeling
A year on from when a single non-fungible token sold for $69. 3 million in crypto at Christie's auction house, with the buyer paying to be recorded on blockchain as the owner of a digital file that anyone can see online for free, this weird and wild market is showing some signs of slowing down.
‘Zuck bucks’ coming to a Meta world near you
Virtual tokens could be used for rewarding creators and lending and other financial services
NFTs for dummies - 7 questions answered about this digital asset
Only about a third of South Africans actually know what a non-fungible token (NFT) is, and about 8% own one. But what are NFTs exactly?
NFT of Mandela's arrest warrant auctioned for R1. 9m
An NFT version of an arrest warrant for anti-apartheid icon Nelson Mandela has raised $130 550 at auction, with proceeds going towards a museum preserving the history of South Africa's anti-apartheid struggle.
Non-fungible token of Nelson Mandela’s original arrest warrant up for auction in Cape Town
A digital version of the original 1961 warrant of arrest for Nelson Mandela will go on auction on Saturday, 61 years after it was first issued.
MTN becomes the first African company to own land on the continent’s metaverse
The MTN Group yesterday became the first African company to enter the metaverse by purchasing land in Africarare, the continent’s 3D virtual reality platform
‘Two Hues’ makes history as Africa’s first NFT funded feature film
South African short film ’Two Hues’ becomes the first film project in Africa to be funded in the NFT space.
NFTs, an overblown speculative bubble inflated by pop culture and crypto mania
The latest NFT mania involves fantastic amounts of money being paid for ’Bored Apes’, 10,000 avatars featuring variants of a bored-looking cartoon ape.