ChainCatcher news, South Korea's core banking system software solution company Bankware Global announced that it has won the bid for Woori Bank's own NFT platform construction project and will collaborate with the blockchain company Blocko. Woori Bank plans to promote the development of financial business in the digital asset market through this platform.Bankware Global stated that the blockchain-based NFT platform will bring innovation to the management and operation of digital assets in the future financial industry, and the company will provide flexible and reliable system support for customer business expansion. Bankware Global was established in 2010 and has provided core banking solutions to over 100 financial institutions and large enterprises in seven Asian countries.It is reported that Woori Bank is South Korea's largest national commercial bank and the only state-owned bank, formed by the merger of Korea Commercial Bank, Peace Bank, and Hanil Bank in 2002.

ChainCatcher news, according to The Block, Singapore-based Web3 developer OtherWorld today announced the launch of a beta version of an NFT platform based on the popular Korean web novel and webtoon Solo Leveling.OtherWorld is utilizing a custom Layer 1 network built on Avalanche, which the company states will feature gasless NFT transactions. OtherWorld mentioned that the platform will be maintained to eventually bring more webtoons and K-pop IPs into the Web3 space.Players on the platform can have their characters follow the original story of Solo Leveling, leveling up by defeating monsters and collecting cards. Users who possess high-level monster cards will receive various rewards, including a PFP (profile picture) NFT of the main character from Solo Leveling.

ChainCatcher news, NFT platform Stashh Labs has completed a $3.3 million funding round, with participation from investors such as Animoca, 6th Man Ventures, and Shima Capital.Stashh Labs will use these funds to further its mission of building an NFT platform for creators and collectors within various decentralized ecosystems.According to Web3 asset data platform RootData, Stashh is an NFT marketplace where users can create, buy, and trade NFTs with native privacy and access control, known as Secret NFTs or sNFTs.

ChainCatcher news, according to VentureBeat, the decentralized GPU cloud infrastructure Aethir announced a partnership with the NFT platform Magic Eden. The two parties will combine Aethir's GPU as a service with Magic Eden's NFT platform to create a unified gaming ecosystem, making Magic Eden the preferred NFT platform for Aethir's gaming clients.

ChainCatcher news, according to the official announcement, the NFT platform Art Blocks has announced the creation of the generative art NFT marketplace Sansa, as part of a "strategic initiative" to expand its ecosystem and establish a "home for generative art."

ChainCatcher news, according to The Block, South Korean telecom giant KT will shut down its NFT platform MINCL starting March 4. The company stated that the reason for closing the platform is due to changes in business conditions. The announcement indicated that users holding KT Wiz Rookie Pack NFTs need to transfer these NFTs to wallets outside of MINCL. Users will not be able to view or download any remaining NFTs after the service end date.MINCL was launched in April 2022, providing NFT minting, trading, and wallet services for both retail and institutional users.

ChainCatcher news, the Hyundai NFT platform of the Hyundai Motor Group tweeted that it has opened its Hyundai Metaverse page, and the old URL has been closed.

ChainCatcher news, the NFT platform Moove Protocol jointly launched by Two3 Labs and CowCow announced the completion of its seed round financing, led by Morningstar Ventures, with participation from ZBS Capital, Alpha Protocol Ventures, Let's Go Ventures, NXGen, Antiga Capital, and renowned angel investor Vijay Pravin Maharajan (bitsCrunch).

ChainCatcher news, the Solana ecosystem NFT platform Metaplex announced on social media that it has launched Metaplex Inscriptions and Engravings, a new standard for fully on-chain and immutable digital assets on Solana. It is reported that most NFT images or metadata on Solana are currently stored on external services such as Arweave, IPFS, and S3. Metaplex Inscriptions allow the metadata and media content of assets to be fully stored on Solana, eliminating the need for any external trust assumptions and releasing composability for on-chain attributes and smart contracts.In addition, Metaplex has also launched the first immutable NFTs and the inscriptions Engravings. Metaplex stated that regardless of whether the original program is immutable, the Engraver adds an extra layer of security to prevent any changes to the Engraved NFTs. Both programs have been sent to the development network, allowing users to mint new NFTs and convert existing NFTs, with inscriptions numbered on a first-come, first-served basis.

ChainCatcher news, the Web3 music NFT platform Sound.xyz has acquired the digital collectibles platform Soho, and the entire Soho team will join Sound.xyz, led by Omid Aziz, who will serve as the Chief Technology Officer. Sound.xyz will focus on building deeper connections between artists, curators, and listeners through this acquisition alongside Soho.

ChainCatcher news, the Web3 music NFT platform Sound.xyz announced the launch of the song gifting feature Gifts, allowing users to gift songs directly from Sound to others.According to the crypto data platform RootData, in July 2023, Sound.xyz completed a $20 million funding round led by a16z.

ChainCatcher news, the NFT platform Voice announced that it will cease operations in a few months. The official statement cited high uncertainty in the cryptocurrency and NFT markets as the reason for this decision. Voice stated that new user registrations have been suspended, and the trading market has been closed. Existing users' assets are safe, and users will be able to migrate their NFT assets to EOS, Polygon, and Ethereum in a few weeks. Assets will remain on the Voice platform until December 31, 2024.Voice was originally launched as a social platform by EOS founder BM in June 2019, and was described by BM as an application that "changes the industry landscape." It received $150 million in funding from Block.one, the parent company of EOS. Its selling points included token rewards for platform interaction and a guarantee of real users across the platform. However, after the product launch, the user experience was poor, community feedback was lukewarm, and shortly after its launch, it was shut down and transformed into an NFT creation and trading platform, which has now announced its closure again.

ChainCatcher news, according to TechCrunch citing informed sources, the two founders of the cricket NFT platform Rario may be "kicked out of the company." The sources stated that Rario CEO Ankit Wadhwa and Rario CTO Sunny Bhanot were ousted due to investors, including major backer Dream11 (Dream Capital), gaining greater control. The two founders have not yet responded to requests for comment, and Dream11 declined to comment.Additionally, Rario has been reported to have multiple positions canceled. Dream11's parent company, Dream Sports, is actively considering cost-cutting measures. An informed source indicated that the startup is negotiating many licensing agreements signed by Rario to reduce expenses.According to RootData, Rario completed a $120 million funding round last April. Other informed sources revealed that in previous funding rounds, the company's valuation was approximately $250 million, and the founders sold part of their shares as part of it.

ChainCatcher news, music NFT platform anotherblock collaborates with co-producer Andreas Schuller (Axident) to release NFTs featuring royalty shares from Justin Bieber's single "Company," with a total of 2000 pieces. According to the official website, the NFT is issued on the Base network, priced at 0.017 ETH, and has now sold out.Although Axident remains the copyright holder of the single, fans who own the track's NFT will be able to share 1% of the royalty shares from the song's streaming.

ChainCatcher news, according to YourStory, cryptocurrency checking account provider Juno has announced the successful acquisition of Indian music NFT platform Swaraj Labs (formerly Humit), with the specific acquisition amount undisclosed.It is reported that Swaraj Labs primarily helps artists utilize Web3 technology to create and disseminate art. Sources indicate that Swaraj Labs will lead Juno's global expansion plans.

ChainCatcher news, according to The Block, the generative art NFT platform fxhash has completed a $5 million seed round financing, led by 1kx, with participation from Fabric Ventures, Bright Opportunities DAO, Union Square Ventures, Tezos Foundation, and others. fxhash plans to use this funding to expand its team and undertake significant platform upgrades in the next six months.

ChainCatcher news, the cross-chain NFT platform Magic Eden has announced support for BRC-20 decimal engraving and trading, no longer limited to the previous integer functionality, which helps unlock higher value BRC-20 fine-grained collectibles.

ChainCatcher news, according to a press release, the cross-chain NFT platform Magic Eden has announced the appointment of Linus Chung as Head of Product. Linus has nearly 20 years of experience in technology and the Web3 space, and he will focus on leading product development, enhancing user experience, driving growth, and formulating long-term strategies.It is reported that Linus previously served as Vice President of Product at Origin Protocol and Director of Product at Coinbase. Before joining Coinbase, he held senior positions at Tesla, Pinterest, and LinkedIn. (Source link)

ChainCatcher news, music NFT platform Sound.xyz has completed a $20 million Series A funding round, led by A16z, with participation from rapper and NFT enthusiast Snoop Dogg, musician Ryan Tedder, music producer Tay Keith, Collab + Currency, Sound Ventures, Palm Tree Crew, Scalar Capital, and A Capital.Sound.xyz stated that anyone can upload their music to Sound and retain 100% ownership. Users can mint NFTs on the Ethereum mainnet as well as on Optimism.