According to Foresight News, REtokens, a company specializing in the tokenization of real estate assets, is currently tokenizing $30 million worth of real estate assets on the Layer 1 blockchain network, Polymesh. The real estate assets being tokenized include apartment buildings and townhouse projects located in the United States. Polymesh, a Layer 1 blockchain, is facilitating the tokenization process. This move marks a significant step in the integration of blockchain technology into the real estate sector. The tokenization of these assets will allow for increased liquidity and accessibility, potentially transforming the way real estate transactions are conducted. REtokens is at the forefront of this innovative approach, leading the way in the tokenization of real estate assets. The company's current project involves a diverse range of properties, further demonstrating the versatility and potential of this technology in the real estate market.

According to Odaily, NFT perpetual contract trading platform, Nftperp, has announced its launch of Ordinals trading on the Blast platform. Users can now trade two Ordinals projects, Bitcoin Puppets and NodeMonkes, using WBTC on Blast. This development marks a significant step in the expansion of Nftperp's trading offerings, providing users with more options for their digital asset trading activities. The introduction of Bitcoin Puppets and NodeMonkes to the Blast platform through Nftperp is expected to enhance the trading experience for users. These two Ordinals projects offer unique opportunities for traders, further diversifying the range of assets available on the platform. This move by Nftperp is indicative of the growing trend of integrating NFTs into digital asset trading platforms. As the NFT market continues to evolve and expand, platforms like Nftperp and Blast are adapting to meet the changing needs and preferences of their users. This development is a testament to the dynamic nature of the digital asset trading landscape and the increasing prominence of NFTs within it.

According to Odaily, YouTube investigator Stephen Findeisen, also known as Coffeezilla, has accused AI company Rabbit of orchestrating an NFT scam and attempting to cover it up. On May 21, Findeisen released a video revealing that Rabbit AI was formerly known as Cyber Manufacture Co., which had raised $6 million for the NFT project Gama. Years later, Rabbit AI's founder and CEO, Jesse Lyu, claimed that his company would 'never get involved in cryptocurrency' and described Gama as a 'small hobby project' he pursued during the COVID-19 period. Findeisen presented a recording in which Lyu had described Gama's grand vision. In the recording, Lyu stated that they had invested millions of dollars to ensure Gama became an 'extraordinary experience'. Findeisen also questioned the whereabouts of the $6 million raised for the Gama project, despite the company's claim that these funds were only used for the NFT project. Furthermore, Findeisen pointed out that Rabbit's R1 product was also subject to overhype, with some considering it an 'AI scam'.

According to Foresight News, Foresight Loong, which was launched in February this year, has been well-received by numerous Web3 partners, with the first phase exceeding 1000+ mintings. The second phase of minting for the Foresight Loong, a commemorative NFT for the Year of the Dragon, has officially begun on Bitcoin Pizza Day. The eligibility to participate in the second phase of Foresight Loong includes all registered users of Foresight News as of May 30. After filling out their registration email and ETH address, they will be updated to the whitelist upon approval. Winners from the official Foresight News channels and partner communities, Foresight Pyxis holders, and holders of the following NFT series: Nobody, WeirdoGhostGang, Pudgy Penguins, Doodles, and Moonbirds are also eligible. The whitelist collection period was from May 22 to May 30, 23:59, and the minting time was on May 31, 15:00. The whitelist eligibility query will be opened soon, and the mint address will be opened the day before minting. Foresight Loong is a commemorative NFT series for the 2024 Chinese Year of the Dragon launched by Foresight News, with a total of 3333 pieces. It is a Free Mint issue on the ETH chain. Foresight Pyxis series holders, winners from the official Foresight News channels and partner communities, and holders of several popular NFT series can participate in the minting. This NFT will enjoy priority benefits from Foresight News in the future, including but not limited to special discounts on Foresight annual summit tickets, Foresight News peripheral series, and whitelist of popular cooperative NFT/project test networks.

According to Odaily, NFTScan, a provider of NFT infrastructure services, has completed its support for Mint Blockchain and has launched an NFT browser and NFT API data services. This makes Mint Blockchain the 25th blockchain network supported by NFTScan. Mint Blockchain is a native Ethereum Layer 2 network that focuses on the development of the NFT ecosystem and industry. In addition, Mint is a formal member of OP Superchain and is also a strategic partner of the Optimism Foundation in the Asia-Pacific market.

According to BlockBeats, Ethereum's co-founder, Vitalik Buterin, recently expressed his admiration for the cryptocurrency experiment 'Orb Land' on social media. The experiment, initiated by Taproot Wizards' founder Eric Wall, aims to tokenize personal consultation services into Non-Fungible Tokens (NFTs). Owners of the 'Orb' will have the right to ask questions to the creator of the Orb and resell this right. Technically, the Orb is an improved version of ERC-721, supporting the ERC-721 interface, and all transfer-related functions are restored. Although the Orb can be displayed on OpenSea, it cannot be listed for sale on NFT trading markets such as OpenSea, Sudoswap, or Blur. Furthermore, the Orb manages ownership functions through auctions and the Harberger tax system. This innovative approach to tokenizing consultation services has caught the attention of industry leaders like Buterin, indicating a potential new direction for the use of NFTs in the digital economy.

According to Odaily, NFT collector Punk6529's generated artwork series, Pebbles #82, has been sold for 8 ETH, which is approximately 25,000 USD. The sale was monitored by 9529 Next Gen Sales. This transaction marks another significant event in the NFT market, demonstrating the continued interest and investment in digital art collections. The sale of Pebbles #82 is a testament to the growing popularity and acceptance of NFTs as a form of digital asset. The artwork, part of a series generated by Punk6529, fetched a considerable price, further solidifying the position of NFTs in the art and investment world. The monitoring of this sale by 9529 Next Gen Sales, a platform known for tracking NFT transactions, provides a clear indication of the value and interest in such digital assets. As the NFT market continues to evolve, transactions like these are likely to become more commonplace, with collectors and investors alike recognizing the potential value in these unique digital creations.

According to Odaily, Crystal Fun has announced that its event, which allows participants to obtain Genesis Crystal NFTs by pledging OUTER NFT Spaceships, is set to conclude. The event will end on May 21st at 8 PM Beijing time. Participants have been able to pledge their OUTER NFT Spaceships in exchange for Genesis Crystal NFTs on the X platform. The event has been a unique opportunity for NFT enthusiasts to expand their collections and engage with the Crystal Fun community. As the event draws to a close, participants are reminded to finalize their pledges and transactions before the deadline.

According to Foresight News, Bitcoin's Layer 2 project, BEVM, is set to snapshot Whitepaper NFT holders on May 23 at 8:00 Beijing time. To connect to the EVM address, users are required to make a cross-chain transaction on the official cross-chain. Holders of BEVM Whitepaper NFT and OG NFT will be able to claim a certain amount of ORDINALS-RUNES tokens based on their activity within the BEVM network.

According to Odaily, Space Nation has announced the launch of its T1 Exploration Spaceship, the 'Bering X-Pathfinder Edition', on the X platform. The spaceship will be available for minting starting from 10 PM Beijing time today, with a total of 1155 units available. The whitelist price for the spaceship is set at 0.02 ETH, while the public sale price is 0.03 ETH. The guaranteed whitelist minting time is from 10 PM to 12 AM today. The alternate whitelist minting time is from 12 AM to 2 AM on May 21st, Beijing time. The public sale minting time is from 2 AM to 4 AM on May 21st, Beijing time. This launch marks a significant step for Space Nation in its space exploration endeavors.

According to Foresight News, Idle Fish announced on May 17th a special governance of digital collection related goods. The announcement stated that due to recent public exposure of frequent false advertising, transaction fraud, and illegal fundraising risks in digital collection transactions, to protect the legitimate rights and interests of the majority of users, maintain the healthy ecology of the Idle Fish community, and guard against financial risks, the publication of digital collection related goods is prohibited in the Idle Fish community from now on. The platform will also take down any digital collection related goods. Previously, Idle Fish had lifted the ban on digital collection keywords on October 25, 2023.

According to Odaily, Cirrus, an advisor at Arcade.xyz, recently shared on platform X that four months ago, when the floor price of Bored Ape Yacht Club (BAYC) fell below 25 ETH, certain addresses swept in more than 1% of the supply in an attempt to buy at the bottom. However, the value of these BAYC has now dropped by approximately 1400 ETH, equivalent to 4.3 million USD. Blur data indicates that the temporary floor price of BAYC is reported at 13.4 ETH, with a 7-day drop rate of 7.66%. This significant decrease in value has raised concerns among investors and stakeholders in the crypto market. The Bored Ape Yacht Club (BAYC) is a popular NFT collection that has seen significant interest and investment in recent years. However, this recent drop in value indicates a potential shift in the market dynamics. The crypto market is known for its volatility, and this recent development with BAYC is a clear example of that. Investors are advised to exercise caution and conduct thorough research before making any investment decisions in this market.

According to CryptoPotato, Decentraland (MANA) is leading in development activity among Non-fungible tokens (NFTs) and related cryptocurrencies. Despite the return of interest in these assets, tokens like Axie Infinity (AXS) are still far below their historical peak values, indicating the continued volatility of the NFT market. A few years ago, NFTs and related cryptocurrencies were a significant trend. Their popularity waned during the 2022-2023 bear market, but they have recently begun to regain the attention of industry participants. The crypto market intelligence platform, Santiment, has listed the top 10 NFT-linked tokens based on development activity in the past 30 days. Decentraland (MANA) tops the list with a ratio of 267.57, followed by Flow (FLOW) with 234.7, and Metaplex (MPLX) with 40.43. Enjin Coin (ENJ), which saw a significant increase in trading volume in the last 24 hours, comes next with 14.97, while The Sandbox (SAND) completes the top five with 14.9. The sixth spot is occupied by a lesser-known cryptocurrency, Aavegotchi (GHST). However, the seventh spot is held by Axie Infinity (AXS), the governance token of the eponymous gaming universe. Despite being one of the most popular coins in the niche, with a current market capitalization of nearly $1 billion, AXS is still far from its peak in November 2021 when its market cap exceeded $10 billion and its price reached $160. The bottom of Santiment’s ranking includes Monavale (MONA), NFTX (NFTX), and Punk (PUNK), all NFT-related cryptocurrencies.

According to Odaily, CryptoPunks has announced the launch of its 'Super Punk World' series on the X platform. The series will include 500 digital avatars, inspired by the iconic features of CryptoPunks combined with the attributes of Super Cool World. Further developments and auction details about the series are set to be revealed soon. The 'Super Punk World' series represents a significant expansion for CryptoPunks, and the forthcoming auction is expected to attract considerable attention from digital art enthusiasts and collectors. The combination of CryptoPunks' distinctive features with Super Cool World's attributes in these digital avatars is anticipated to offer a unique and engaging experience for users. More information about the series and the auction will be made available in the near future.

According to Odaily, the NFT series 'Pudgy Penguins' recently announced a strategic partnership with South Korean retail and entertainment giant, Lotte Group. The collaboration aims to expand its market in South Korea and surrounding regions, with more information to be released in the future. Data from CoinGecko shows that the floor price of Pudgy Penguins is currently reported at 11.8 ETH, with a seven-day increase of 3.1%. This partnership signifies a significant step for the NFT series in expanding its global reach, particularly in the Asian market. The strategic alliance with Lotte Group, a major player in the retail and entertainment industry, could potentially boost the popularity and value of the Pudgy Penguins NFTs. However, further details about the partnership and its implications for the NFT market in South Korea and the surrounding regions are yet to be disclosed.

According to Odaily, Ord.io has reported on platform X that the top five most minted runes in the past week are as follows: Firstly, UNCOMMON•GOOD tops the list with 1,220,152 mints. This is followed by FUNNY•FISH•MASK, which has been minted 206,074 times. The third most minted rune is FAKE•INTERNET•MONEY, with 98,856 mints. The fourth and fifth places are occupied by IDU•THE•BITCOIN•MAXI and THE•RICKROLL•RUNE respectively, both of which have been minted 21,000 times. These figures provide a snapshot of the most popular runes in the digital world over the past week. The data suggests a significant interest in these particular runes, with UNCOMMON•GOOD leading the pack by a substantial margin.

According to CoinDesk, Dolce & Gabbana USA is facing a lawsuit from a customer who alleges that the company delayed the delivery of its non-fungible tokens (NFTs), causing him to lose value on the DGFamily NFTs. The customer, Luke Brown, reportedly spent $6,000 to purchase the asset and claims to have lost $5,800 due to the delay. The case was filed in the Southern District of New York on behalf of others who bought digital assets from the NFT project. The complaint alleges that Dolce & Gabbana promoted the NFTs, promising customers that purchasing the DGFamily NFTs would grant them access to various digital rewards, physical products, and exclusive events. However, the delivery of the NFTs was late, and the digital outfits that came with the NFTs, intended for use in the metaverse, arrived 20 days behind schedule. The customer claims that these outfits could only be used on a metaverse platform with minimal users. Further allegations suggest that the digital outfits could not be used for an additional 11 days after their release because Dolce & Gabbana had not received approval from the NFT marketplace UNXD in time. Both Dolce & Gabbana and UNXD, who is also named as a defendant in the case, have not yet responded to requests for comment.

According to Foresight News, the NFT series inBetweeners has announced that it will take a snapshot before June 16. Holders of the inBetweeners series, D&G Drip Collection series, and ALTS by adidas series will be eligible for the whitelist of the new series in collaboration with Juventus. The announcement was made via a tweet from the inBetweeners series. The collaboration with Juventus marks a significant milestone for the inBetweeners series, further expanding its reach in the NFT market. The snapshot will determine the holders of the inBetweeners, D&G Drip Collection, and ALTS by adidas series who will be eligible for the whitelist of the new series. The details of the new series have not been disclosed yet.

According to Odaily, digital art platform Art Blocks has announced the launch of the Ark Blocks Studio project on platform X. The project, which has been in preparation for over a year, aims to provide a platform for artists to independently publish NFTs or projects. It also allows collectors to explore, connect with artists, purchase, and display algorithmic art. Art Blocks has indicated that the platform will undergo many changes in the coming days and months. It is expected to exhibit content from the first batch of artists from the Ark Blocks Studio project. The initiative is seen as a significant step in promoting the intersection of art and technology, particularly in the burgeoning field of NFTs. The Ark Blocks Studio project is a testament to Art Blocks' commitment to providing a supportive environment for artists and collectors alike. It is expected to foster a vibrant community of creators and enthusiasts, further propelling the growth of the digital art space.

According to Odaily, Smart Layer has announced the successful conclusion of its initial Launchpad Staking event. The event saw approximately 53,000 users injecting their assets into the minting contract to gain minting qualifications. A total of 10,000 Redbrick NFTs were minted within a span of 15 minutes. In the first 24 hours of trading, the price of these NFTs surged by 4888%. Starting from next Thursday, players will have the ability to attach their NFTs to their Redbrick accounts. They will also be able to trade the achievements they have earned in the game. This development marks a significant milestone for Smart Layer and its users, demonstrating the growing interest and participation in the NFT space.