All Aboard the NFT Express

Indian Railways is on track with NFT adoption; Azuki launches crypto coin; Mad Lads spiked after Backpack's FTX acquisition announcement.

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  • šŸŽŸļø Indian Railways Embraces Polygon NFTs for MahaKumbh Tickets

  • šŸ’„ Azuki Debuts Community-Focused Crypto Coin to Boost Anime

  • šŸš€ Mad Lads NFTs Rise After Backpack Announces FTX Acquisition

  • A Complete Guide to Pak: The Distinguished NFT Artist (NFT Plazas)

  • 0G Foundation Raises $30M Selling AI Nodes (Cointelegraph)

  • Lotte Group Partners with Arbitrum to Launch Lotte Caliverse (NFT Plazas)

  • Ethereum Shooter 'The Machines Arena' Coming to Steam and PS5ā€”Without Crypto Features (Decrypt)

  • Illuvium To Tap Virtuals Protocol AI Agents To Enhance NPCs (NFT Insider)

  • Play With Doge: 9 Games That Feature the Dogecoin Meme Pup (Decrypt)

  • Super Champs Reveals Kigu, An AI-Powered Streaming Agent (NFT Plazas)

  • Ronin Network Integrates Transak for Fiat-to-Crypto and NFT Payments (Cointelegraph)

  • Castile to Launch Pioneer Season with 20M $CAST Prize Pool (NFT Insider)

  • 'Doom' CAPTCHA Turns Online Security Into a Demon-Slaying Nightmare Challenge (Decrypt)

  • Discord Welcomes Moku Pouch, A New Web3 Wallet for Ronin (NFT Plazas)

  • Reddit Avatar NFT Holders Concerned for Project as Lead Exits (Cointelegraph)

Trending Collections on OpenSea:

Indian Railways Embraces Polygon NFTs for MahaKumbh Tickets

Indian Railways goes full steam ahead to innovative ticketing, partnering with Chaincode Consulting to issue Polygon-based NFT tickets for the MahaKumbh Mela festival.

Source: NFTtrace

  • Each NFT will be minted on Polygon and available via NFTtraceā€™s platform for real-world assets and traceability.

  • Theyā€™ll offer a digital-first experience, combining the traditional cultural significance with modern NFT engagement.

  • Notably, Polygon was chosen for its fast throughput, low gas fees, and environmental sustainability, enabling a seamless ticketing experience.

  • Overall, such a move is part of India's growing interest in NFT use cases, with prior initiatives including Holi Festival NFT tickets.

Azuki Debuts Community-Focused Crypto Coin to Boost Anime

Azuki has followed the token trend by debuting $ANIME, a community-driven coin aimed at transforming the anime ecosystem into a creative economy.

  • $ANIME will debut on Ethereum and Arbitrum, supporting fan-driven creativity and fostering a global anime culture.

  • Itā€™s designed as a ā€˜Culture Coinā€™ to bridge the gap between consumers and creators.

  • A generous 50.5% of $ANIMEā€™s total supply is allocated to the community, emphasizing the coinā€™s commitment to fan engagement.

  • The coin has already driven a surge in Azuki NFT prices, demonstrating strong community support and excitement about the project's future potential.

VaultCraft launches V2, TVL skyrockets above $100M

VaultCraft launches V2, partners with Safe, and secures $100M+ in Bitcoin

  • Matrixport, Asiaā€™s leading crypto providers, commits $100M+ in Bitcoin

  • OKX Web3 to launch Safe Smart Vaults with $250K+ in rewards

Mad Lads NFTs Rise After Backpack Announces FTX Acquisition

Mad Lads NFTs jumped 19% after Backpack (its parent company) announced acquiring FTX Europeā€™s assets, including the MiFID II exchange license.

  • Following the announcement, FTX estate said that Backpackā€™s statement was premature and not approved by FTX or the U.S. Bankruptcy Court (despite the acquisition being part of a settlement agreement).

  • Speculators may have driven the price increase, hoping for benefits tied to Backpackā€™s acquisition, which could enable perpetual trading for European users and the return of FTX Europe funds.

  • Mad Lads holders gain VIP 1 status on Backpack Exchange, with potential rewards like airdrops from previous exchange seasons, fueling additional interest in the NFTs.

  • However, Mad Ladsā€™ price corrected sharply to $16.2K after the initial spikeā€”alongside the broader market experiencing a downturn.

Today's edition was written by Leah Alger