Rarible Protocol updates - week of Apr 26
Latest protocol updates, fresh NFT news, cool reads and tweets.
⚙️ Protocol Updates
Last week, the Protocol's Metadata services were interrupted due to issues on Pinata’s IPFS gateway. The services have since been fully restored! The team is now working on making the Metadata service faster, and providing a reliable IPFS infrastructure.
Solana beta - the team is focused on fixing current issues, as well as improving the current service and documentation.
Improvements of the core API (elastic search integration) is in the works.
The team’s overall plan for Q2 is to boost the quality and reliability of the Protocol’s services.
Note: If you any feedback or suggestions for the Rarible Protocol team, please use our Discord server or Github (for issues or discussions). Feedback helps us improve, so we’re eager to hear yours.
🗞️ NFT News
Coinbase NFT marketplace goes live in beta for select customers - The marketplace is accessible to everyone to view, but initially only select users will be able to buy or sell.
Okcoin announces NFT Marketplace - The new marketplace opened its waitlist and says it will come with zero fees for NFTs on Ethereum, Polygon, and other blockchains.
Listing rewards is live on LooksRare - Users can now earn $LOOKS by listing their NFTs.
Kevin Rose’s Moonbirds Ethereum NFT launch generates $280M in two days - The project was launched by PROOF Collective on Apr 16th.
Hyundai launches community-based NFT project - The carmaker will collaborate with the ‘Meta Kongz’ NFT brand to release 30 new limited edition ‘Hyundai x Meta Kongz’ NFTs, with further projects planned throughout the year.
Louis Vuitton releases new NFTs - The luxury fashion brand introduced a PFP inspired NFT rewards in its stand-alone mobile app game Louis: The Game.
Index Coop announces new NFT index fund - The fund is called “JPG”, and exposes holders to high-value NFTs, such as CryptoPunks and Bored Ape Yacht Club.
Crypto exchange KuCoin launches $100M fund for NFT creators - Seychelles-based cryptocurrency trading platform KuCoin announced the launch of a $100 million Creators Fund to support early-stage NFT projects.
NFT cricket platform Rario raises $120M round led by Dream Capital - Rario is an NFT platform that allows fans to trade officially licensed moments from cricket matches on the blockchain.
LimeWire raises $10 million in private token sale - It plans to use the money to grow its team, extend partnerships and continue to onboard musicians onto its new platform.
OpenSea suspends trading of Sand Vegas Casino Club NFTs - This was done after regulators in Texas and Alabama ordered trading to halt as they were categorized as unregistered securities.
📚 Cool reads
Art for good: how Ukrainian children are helping fund humanitarian efforts via NFTs - by NFT Now
The financialization of Non-Fungible Tokens - by 0xRusowsky
🐦 Interesting Tweets
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