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Ancient8 Opens Registration for OP Grant Program Season 1

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Ancient8 Opens Registration for OP Grant Program Season 1


Ancient8 has opened registration for its Grant Program Season 1, allocating a total of 200,000 $OP tokens provided by the Optimism Foundation.

Offering grants of up to 25,000 $OP tokens per project, the program is designed to drive innovation and growth in the blockchain gaming sector. The initiative provides funding, mentorship, and resources to support both established contributors within the Ancient8 ecosystem and newcomers with innovative ideas.

By focusing on both existing and prospective projects, the grant program aims to enhance tools, improve user experiences, and strengthen infrastructure essential for a robust blockchain gaming ecosystem.

What is Ancient8? Source: Ancient8

What is Ancient8?

Ancient8 is a community-driven, gaming-focused Ethereum Layer 2 solution designed to address the scalability and adoption challenges of web3 gaming and consumer dApps. Built on the OP Stack and enhanced with Celestia’s modular blockchain technology, Ancient8 combines speed, cost-efficiency, and advanced tools to provide an infrastructure for on-chain gaming development.

Ancient8 has evolved from a gaming guild into a comprehensive gaming infrastructure chain and seeks to empower the next 100 million Metaverse citizens. The platform is dedicated to driving mass adoption, democratizing access to gaming, and delivering a modular blockchain that enhances the on-chain experience for players and developers alike.

The Grant Program Season 1 is a significant step forward, powered by a 500,000 $OP grant from the Optimism Governance Fund. Ancient8 intends to utilize this funding to cultivate a dynamic ecosystem where creators and developers can collaborate, innovate, and scale their solutions.

Ancient8 Opens Registration for OP Grant Program Season 1
Ancient8 Opens Registration for OP Grant Program Season 1 Source: Ancient8

How does the Ancient8 OP Grant Program work?

The Ancient8 Grant Program Season 1 is powered by 200,000 $OP tokens from the Optimism Foundation, offering funding of up to 25,000 $OP tokens per project. The program is designed to empower projects to innovate, scale, and contribute to the growth of the Ancient8 and Optimism Superchain ecosystems.

The program focuses on two categories: Existing Projects and Prospective Projects, each with distinct timelines, eligibility criteria, and processes. Funding and milestones are tailored to each project’s architectural complexity, vision, and category, with all grants adhering to a one-year token lock-up period under Ancient8 and Optimism’s Collective Grant Policy.

Existing Projects: This track is for individuals and teams that have already contributed to the Ancient8 ecosystem. It recognizes their efforts and supports their continued work to drive long-term sustainability and impact. This category is intended to reward and scale up high-performing, scalable projects.

Jan 15 – Feb 28, 2025: Registration PhaseMar 1 – Mar 15, 2025: Screening PhaseMar 16 – Apr 30, 2025: Performance Review PhaseMay 1 – May 16, 2025: Decision-Making Phase

Eligibility Criteria:

Active contributions to the Ancient8 ecosystem.Demonstrated long-term commitment and measurable impact.On-chain activity, such as wallet interactions and verified contracts.

Process:

Applicants register with details of their contributions and key achievements.The Ancient8 Foundation Council conducts a two-month performance review.Shortlisted projects proceed to a community ranking and voting phase, where $A8 stakers decide the final funding recipients.Projects receive milestone-based rewards as they achieve set goals.

Community Involvement:

$A8 stakers participate in governance by voting on Snapshot during the Decision-Making Phase (May 1 – May 16, 2025).Participating stakers are incentivized with $A8 tokens, with details to be announced closer to the voting period.

Prospective Projects: This track supports new projects aiming to deploy or expand within the Ancient8 ecosystem. It emphasizes onboarding innovative initiatives that improve gaming infrastructure, user experience, growth tools, and content creator networks. This category intends to provide funding, mentorship, and resources to ensure successful launches and integrations.

Jan 15 – Feb 15, 2025: Registration PhaseFeb 15 – Feb 28, 2025: Preliminary Review PhaseMar 1 – Mar 15, 2025: Decision-Making Phase

Eligibility Criteria:

Clear project goals and budget allocation.Strong alignment with Ancient8’s ecosystem growth objectives.Demonstrated innovation and technical feasibility.

Process:

Applicants submit detailed proposals outlining their goals, budget, and expected outcomes.Proposals undergo evaluation by the Ancient8 Grant Council, with approval requiring at least 6 out of 10 votes from council members.Projects receive milestone-based funding tied to progress and delivery, as defined during the evaluation phase.

The grant evaluation process is overseen by experienced web3 professionals, including members of the A8 Governance Partners and the A8 Foundation Council. High-profile figures like Trung Nguyen, co-founder of Axie Infinity, are among the council members, ensuring a rigorous and credible selection process.

Interested applicants are encouraged to visit the official website for more information about Ancient8 Grant Program.



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NTT Digital and Hello Kitty Creator Launch Wellness-Focused NFT Campaign – Cryptoflies News

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NTT Digital and Hello Kitty Creator Launch Wellness-Focused NFT Campaign – Cryptoflies News


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NTT Digital, a global leader in telecommunications, has partnered with Sanrio, the company behind Hello Kitty, along with 22 other organizations, to launch a wellness-focused non-fungible token (NFT) campaign.  

The initiative, named “Happy Well Support,” revolves around the theme “happiness and wellness.” It introduces non-transferable NFT cards featuring six cartoon characters, each representing a different team, such as the Smiling team and the Fun team.  

Participants must be at least 13 years old and reside in Japan to join. To engage, they will complete missions and collect stamps. 

Successful participants will receive a “Happy Danby” digital card and gain entry into a lottery for prizes offered by the participating companies.  

Notable partners in the campaign include Animoca Brands, Asahi, Calbee, Nissan, and Yamaha. The campaign began on January 21 and will continue through March 2, 2025.  

You Might Be Interested In

This effort highlights a growing trend of using Web3 technology for meaningful purposes. 

In recent years, similar initiatives have emerged. Cleveland Clinic introduced “Zen Quest” on Roblox, blending gaming with mindfulness to support mental health. In 2022, Clinique launched a makeup NFT campaign aimed at promoting diversity and inclusivity in the metaverse.  



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CryptoPunks IP Sale Rumors: What It Means for NFTs, Yuga Labs, and the Future of Digital Collectibles

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CryptoPunks IP Sale Rumors: What It Means for NFTs, Yuga Labs, and the Future of Digital Collectibles


There’s been a lot of buzz lately about the possibility of a CryptoPunks IP sale, and this has stirred up plenty of excitement, questions, and even a bit of anxiety in the NFT community. CryptoPunks, created in 2017, are considered one of the oldest and most respected collections in the world of digital collectibles. They feature 10,000 unique, pixelated characters that many people see as a form of digital art.

Ever since Yuga Labs acquired the rights to CryptoPunks in 2022, fans have been curious about what would happen next. Yuga Labs is the company behind the popular Bored Ape Yacht Club, another major NFT collection. When Yuga Labs took over, some people were excited about new possibilities, while others worried it might lead to too much corporate control. One big change was that Yuga Labs gave CryptoPunk owners the right to use their specific Punk image however they wished. This was different from most NFT projects at the time, where the original creators would hold on to all intellectual property (IP) rights.

Origins of CryptoPunks

Before we dive into the sale rumors, it’s helpful to understand how CryptoPunks got started. They were developed by a group called Larva Labs in 2017, right around the time when the concept of digital collectibles first began to take shape on the Ethereum blockchain. The term “blockchain” refers to a kind of digital ledger that stores information securely across a network of computers. In this case, Ethereum is the blockchain platform that hosts many NFTs, including CryptoPunks.

Each CryptoPunk features a simple 8-bit design, which has become iconic in the NFT world. Because they were some of the earliest tokens of their kind, CryptoPunks earned a reputation as digital antiques. When Yuga Labs purchased the rights, people wondered if that original mystique would change, but most of the core attributes have stayed intact—especially since each Punk owner now holds the right to use their specific image.

The Rumored CryptoPunks IP Sale

In recent weeks, social media has been buzzing with talk about whether Yuga Labs might sell the CryptoPunks IP to another entity. The IP, or intellectual property, includes ownership of the overall brand and artwork. Some insiders claim that a deal is already in progress, while others believe Yuga Labs is simply exploring options.

Greg Solano, co-founder of Yuga Labs, tweeted (now X) that they have been approached with offers but wouldn’t do anything that would “hurt the legacy of CryptoPunks”. This implies they won’t rule out a sale but will protect CryptoPunks as the foundation of NFT culture.

For the broader community, the idea of CryptoPunks changing hands again is a big deal. These NFTs aren’t just collectables; they’re often viewed as digital artefacts that helped launch the entire NFT movement.

Why Might Yuga Labs Sell the IP?

One theory is that a new buyer could position CryptoPunks purely as fine art, distancing it from the hype of daily market swings. CryptoPunks have a certain nostalgic charm because they are among the earliest NFT projects. Seeing them as digital masterpieces, much like paintings in a gallery, could help protect their cultural significance.

Another reason is that Yuga Labs might want to focus on its other well-known projects, such as Bored Ape Yacht Club and a virtual world called Otherside. These ventures require a lot of attention and financial resources. By selling the CryptoPunks IP, Yuga Labs might free up funds to develop new ideas, especially during a challenging market phase where money and manpower are in high demand.

Some also wonder if Yuga Labs is responding to the ups and downs of the NFT market. Prices for many collections have dropped over the past year, and businesses often need to adapt quickly to keep growing. Selling a prestigious brand like CryptoPunks could be a strategic move, allowing Yuga to reinvest in whatever they believe the future of NFTs will be.

Potential Buyers

When a famous brand goes up for sale, people often assume it might be purchased by a massive tech company or entertainment giant. That doesn’t seem to be the case here. Insiders suggest Disney, Meta, and other mainstream players are unlikely to enter the bidding. Instead, the most likely buyer could be a private art foundation, a wealthy collector with a keen interest in NFT history, or a group dedicated to preserving iconic digital collectibles.

Some collectors like @seedphrase have said they might get involved. Another idea floating around is a CryptoPunks DAO. A DAO is basically a community-run group where members can vote on decisions using tokens. This would allow Punk enthusiasts to pool resources and take ownership, so the future of CryptoPunks is guided by those who care about it the most.

Community Reactions and the DAO Proposal

As with any big decision, the CryptoPunks community has mixed feelings. Some holders say that Yuga Labs hasn’t provided a clear plan since buying the collection. They worry a sudden sale could create uncertainty or damage the brand’s reputation. Others see a sale as a chance to return CryptoPunks to a purely art-focused collectible, free from corporate agendas.

Avichal Garg, a well-known figure in the crypto world, floated the idea of a DAO buying the IP, raising funds through a token sale, and using the proceeds for museum exhibitions or brand partnerships. This could help CryptoPunks reach new audiences while rewarding both token holders and Punk owners.

Bitwise CIO Matt Hougan has even voiced support for this kind of approach. Critics, however, question whether a large-scale DAO can really protect CryptoPunks’ heritage without getting tangled in complex governance issues.

Market Impact

The mere hint of a CryptoPunks IP sale sent the collection’s floor price—which is the lowest asking price for a Punk on the market—soaring from around 34 ETH to over 40 ETH. This kind of jump underscores how much market sentiment can be influenced by rumors alone.

Compared to other top NFT collections like Pudgy Penguins or Bored Ape Yacht Club, CryptoPunks remain the heavyweight champion in terms of market cap. Some worry if CryptoPunks get sold, the rest of the Yuga collections (like Meebits) will be left in limbo. It’s still unclear how a sale would affect the rest of the Yuga NFT universe which has over a dozen collections.

Implications for the Broader NFT Landscape

These rumors aren’t just about CryptoPunks; they speak to the bigger picture of how NFTs evolve. In the early days, NFTs were mostly seen as collectibles or pieces of art. Now, many projects promise real-world utility or gaming features, reflecting how broad the space has become. If CryptoPunks shifts back to an “art-first” focus, it might encourage more projects to do the same, moving away from overhyped token sales and focusing on the creative or historical value.

We’re also seeing how companies react during a bear market, when prices and interest drop. Consolidating resources, selling IP or pivoting strategies are all signs of an industry trying to get its footing until things get better.

Scenarios and Predictions

If Yuga Labs sells the CryptoPunks IP we could see a few things. A new owner might leave them as they are and let them be a relic of early NFT culture. Or they might do something new—like gallery shows, branded merch or new tech to enhance the Punk experience. Or a DAO takes over, and Punk owners get to decide the direction of the collection through votes and proposals.

If Yuga Labs decides to hold onto the IP they might put more effort into CryptoPunks. That could mean new features, partnerships or events to showcase what’s unique about Punks. Given how important CryptoPunks are, a new push could get the broader NFT space excited again.

Regardless of who has the IP, CryptoPunks will be important. They were the first NFTs ever, and their pioneer status won’t go away anytime soon.

Conclusion

CryptoPunks stand at an important crossroads, and the outcome of these IP sale rumors could shape the next phase of the NFT world. They’re more than just quirky 8-bit characters; they represent the creative energy that launched an entire ecosystem of digital art and collectibles.

Whether they remain with Yuga Labs or pass into new hands, CryptoPunks will likely keep influencing how we see and value NFTs. This moment offers collectors, developers, and curious newcomers a chance to think about what NFTs should be: art, investment, or something bigger and more community-driven. If you’re a holder or just an enthusiast, it’s worth staying informed and joining the conversation around potential DAO proposals or other community-led solutions.

As the rumours continue to swirl, one truth remains: CryptoPunks will always be tied to the history of blockchain collectables. Their next chapter, whatever it may be, could very well shape the future of NFTs for years to come.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.

Owen Skelton

Owen Skelton is an experienced journalist and editor with a passion for delivering insightful and engaging content. As Editor-in-Chief, he leads a talented team of writers and editors to create compelling stories that inform and inspire.

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Mark Cuban’s Criticism of Meme Coins and Vision for a Debt-Reducing Memecoin

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Mark Cuban’s Criticism of Meme Coins and Vision for a Debt-Reducing Memecoin


Mark Cuban is adamant that the banking sector may be revolutionized by cryptocurrency. He thinks that popular ones like Ethereum and Bitcoin have the potential to disrupt traditional banking, thus he has invested in them. Cuban is also attracted to NFTs and decentralized finance (DeFi), believing that they are essential to this transition to a new financial system. Cuban has, meanwhile, also criticized certain facets of the cryptocurrency industry.

He has specifically voiced concerns regarding the manipulation of specific cryptocurrency assets, including meme coins. He publicly denounced, for instance, the manipulation of the Trump currency, claiming that insider trading and bots were responsible for its increase in value. Despite his misgivings, Cuban acknowledged that the market had turned into a venue for manipulation and speculation and expanded his holdings in the Trump and Melania coins. 

Source: Mark Cuban

Cuban’s remarks on meme coins are indicative of his general mistrust of the cryptocurrency industry’s lack of regulation. He said that these currencies frequently have low value and get beyond established investment safeguards including the initial public offering (IPO) procedure. Additionally, he chastised the crypto community for failing to legitimize the sector, which he feels was a lost chance to demonstrate its value. 

Cuban’s Proposal for a Debt-Reducing Memecoin

After the Trump currency became popular in 2025, Mark Cuban suggested creating a unique memecoin. He intends to use the coin’s sale profits to lower the national debt of the United States. Cuban’s plan is similar to the Trump coin in that it has a 20% float and a comparable release timeline. Cuban’s plan is unique, though, in that the U.S. Treasury would receive all proceeds from the sale.

Additionally, Cuban pledged to be transparent, stating that he would make the Treasury’s wallet address public so that anybody could follow the money and prevent pump-and-dump schemes. Cuban stressed the significance of using the cryptocurrency market to address national concerns like debt, even though he is not afraid to admit that these coins are speculative.

Cuban’s Proposal for a Debt-Reducing Memecoin

Source: Coin68

Mark Cuban’s passion for crypto reflects both his enthusiasm for innovation and his anxiety about market weaknesses. Despite his conviction in the enormous potential of blockchain and digital currency technology, he is concerned about their unpredictability and inadequate regulation. His efforts to reduce the national debt, as well as his foray into the meme business, illustrate his readiness to try novel ideas in the bitcoin industry. He does not, however, hold back from denouncing acts that he feels harm the industry’s standing.

About  Mark Cuban

The Dallas Mavericks are owned by American investor and businessman Mark Cuban. He was a co-founder of Broadcast.com, a business that advanced internet media technologies significantly. Cuban is well-known in the economic community as a result of his business endeavors. He was among the richest people in the world as of May 2024, with an estimated net worth of $5.4 billion.



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Top NFT Collections – January 21, 2025

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Top NFT Collections – January 21, 2025


Top NFT Collections (Last 24h)

Here are the hottest NFT Collections of the day.

Rank

Name
Volume
Transactions
Chains
URL

1

Azuki
1,755.78 ETH
152
ethereum
View

2
Pudgy Penguins
Pudgy Penguins
1,096.69 ETH
57
ethereum
View

3
Azuki Elementals
Azuki Elementals
457.64 ETH
324
ethereum
View

4
Autoglyphs
Autoglyphs
253.00 ETH
2
ethereum
View

5
Lil Pudgys
Lil Pudgys
250.75 ETH
127
ethereum
View

6
Top NFT Collections – January 19, 2025
Milady Maker
241.44 ETH
47
ethereum
View

7
Bored Ape Yacht Club
Bored Ape Yacht Club
217.54 ETH
16
ethereum
View

8
BEANZ Official
BEANZ Official
160.47 ETH
212
ethereum
View

9
Doodles
Doodles
123.22 ETH
30
ethereum
View

10
CryptoPunks
CryptoPunks
123.50 ETH
3
ethereum
View



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Rumble Kong League Migrates to Ronin: A Complete Guide to Extended Rewards

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Rumble Kong League Migrates to Ronin: A Complete Guide to Extended Rewards


Rumble Kong League is migrating from Avalanche to Ronin, and there’s a lot to unpack about why this matters. If you’re new to Web3 or just curious about how NFTs, tokens, and sidechains work, don’t worry—you’ll find everything explained in simple terms here. You’ll also learn how to take advantage of the extended airdrop campaign and why big names like Stephen Curry and Paul George are involved. Let’s dive in.

Rumble Kong League in a Nutshell

Rumble Kong League (RKL) is a free-to-play basketball game that lets you form a three-person team and go head-to-head against other players online. It’s fast, it’s fun, and it mixes the competitive spirit of sports with the innovative technology of the blockchain world. The game was originally planned to launch on Avalanche, but now the team behind RKL has chosen Ronin as their new home. This is a significant switch because it opens up opportunities for more players, higher stability, and bigger rewards.

Why Ronin Is a Big Deal

Ronin is a special type of blockchain called a sidechain. Think of a sidechain as a road that runs parallel to a major highway (in this case, the Ethereum blockchain), allowing traffic to flow without the usual congestion. Transactions on Ronin are often faster and cheaper, making it very appealing for games with lots of daily users.

To help you understand why RKL picked Ronin, here are some impressive numbers that Ronin brings to the table:

• 17.2 million wallet downloads (that means a lot of potential new players).

• Over 18 million people hold RON, which is the chain’s native currency.

• Ronin has been battle-tested by popular games like Axie Infinity, so it has a proven track record in Web3 gaming.

Soft Launch Extension and Doubled Rewards

The RKL team has extended their current “soft launch” until January 26. A soft launch is like a test phase where a select group of players can get in early, try the game, and earn special rewards. During this extension, you can play and accumulate something called $FAME points. These points will eventually convert into real blockchain tokens when the game’s Token Generation Event (TGE) happens at the end of January or early February.

Originally, the soft launch was supposed to end in mid-January, but RKL decided to push it back one more week. Here’s why that’s great news: • You get more time to climb the ranks in the game’s top league, known as the Sigma League.

• You can earn $FAME points in every match, which means a bigger haul before the tokens officially launch.

• The prize pool for top players has been doubled, so you can potentially walk away with a lot more $FAME than before.

How $FAME Rewards Work

RKL has split its ladder system into seasons. Each season lasts just a few days, and then the ladder resets. If you perform well, you earn more $FAME points, which are basically placeholders for the game’s soon-to-be-minted tokens. Here’s a simplified breakdown of the doubled rewards in the Sigma League (the highest league):

• 1st place: 100,000 $FAME points

• 2nd and 3rd place: 40,000 $FAME points

• 4th to 10th: 16,000 $FAME points

• 11th to 30th: 8,000 $FAME points

• 31st to 100th: 2,000 $FAME points

• 101st to 1,000th: 200 $FAME points (doubled from 100)

Even if you’re not a top-tier player, you can still earn plenty of points through normal gameplay. There’s also another neat perk: if you own a Kong NFT, you get unlimited tickets to play in the higher leagues. That means you can grind your way to more rewards.

One of the coolest parts about joining Ronin is that RKL can now host exclusive “Ronin-only” quests, which pop up in your quest log once you connect a Ronin Wallet to your account. Setting up a Ronin Wallet is easy. After you’ve created it, open your Rumble Kong League profile in the game, tap “Manage Profile,” and follow the steps to link your wallet. Alternatively, you can go to the official RKL website on a computer, log in, and connect your wallet through your account settings.

Whenever you see the term “wallet,” think of it like a digital account that holds your coins, tokens, or NFTs. The Ronin Wallet is simply one that works specifically with the Ronin blockchain. By hooking it up to your Rumble Kong League account, you unlock special quests that give you even more $FAME points. More points could mean a larger allocation of tokens once the TGE happens.

Stephen Curry, Paul George, and Other Big Names

Rumble Kong League has major backing from well-known brands and sports figures. NBA superstar Stephen Curry, through Penny Jar Capital, is one of the key investors. He’s also launched unique digital sneakers for the game. The game has even snagged partnerships with Gatorade, Stance, and other sports brands you might recognize from the real world.

Another big supporter is Animoca Brands. They’ve backed several high-profile Web3 projects, so their involvement gives RKL extra credibility. In other words, Rumble Kong League isn’t some tiny indie project—it’s a full-fledged blockchain sports game with serious industry power behind it.

What This Means for Avalanche

Initially, Rumble Kong League had plans to launch on the Avalanche blockchain. Avalanche is another network that offers fast transactions and low fees, so it was a decent option. However, the RKL team felt that Ronin, with its huge existing user base and track record in gaming, would provide a better long-term home. This doesn’t necessarily mean Avalanche won’t see any part of RKL in the future, but for now, the official path forward is on Ronin.

What Is Operation Leviosa?

Sky Mavis, the company behind Ronin, is working on something called “Operation Leviosa.” The fancy name essentially means they’re opening Ronin up to more games, decentralized apps (often called dApps), and finance tools. Instead of being a closed ecosystem controlled only by Sky Mavis, Ronin is turning permissionless in February. “Permissionless” means anyone can build on it without needing special approval. This shift could lead to more games like RKL joining the platform, bringing in new audiences and more ways to use your tokens.

How to Start Playing

Getting started is easy and free. Just head to the iOS App Store or Google Play Store and download Rumble Kong League. After you create an account, hop into a match, practice your moves, and start earning $FAME points. If you want to connect a wallet, you can do so at any time, but make sure you do it before January 26 if you want to take full advantage of the extended soft launch rewards.

As you play, you’ll notice the game has different leagues. You begin at a lower level, and by winning matches, you climb up to the Sigma League. Once you’re in Sigma League, the rewards increase dramatically. That’s why players are rushing to make it into the top tier before the current season ends.

When Will the $FAME Tokens Be Tradable?

The points you earn in-game will eventually convert into real blockchain tokens after the Token Generation Event, which the RKL team says should happen by late January or early February. A Token Generation Event, or TGE, is when a project officially launches its token on the blockchain. After that, players might be able to trade their $FAME tokens or use them in various in-game or external markets. Keep an eye on official RKL announcements so you’ll know exactly when this happens and how to swap your points.

Why This Migration Matters for Web3 Gaming

Web3 gaming is still new to a lot of people. By making a high-quality game like Rumble Kong League free to play and easy to access, it’s paving the way for the next generation of online games. Blockchain elements let you truly own your in-game items (like NFTs) and potentially profit from them. Moving to Ronin, a chain well-known in the community for stability and large user numbers, is a statement that the RKL team is looking to build a long-lasting ecosystem.

The extended soft launch, doubled rewards, and exclusive quests are all ways to bring in more players and reward early adopters. It also shows that RKL is listening to its community, because they’ve clearly taken the feedback to heart by extending their campaign.

Final Thoughts

Rumble Kong League’s migration to Ronin marks a turning point in blockchain sports gaming. The game is backed by some of the biggest names in basketball and powered by Animoca Brands, one of the leading forces in crypto gaming. By extending the soft launch, RKL is giving new and existing players a chance to earn more $FAME points. With Ronin’s large player base and smooth gameplay, it’s a great time to get in, grab some rebounds and start building your team.

If you’ve been hesitating about trying a blockchain game, now’s a great opportunity. RKL offers fast matches, clear progression, and real ownership of digital assets. Just download the app, connect your Ronin Wallet if you want extra perks, and get ready to see how fun Web3 can be. You might even end up with a nice bundle of $FAME tokens once they officially launch.

Remember, the final date for this soft launch is January 26, so don’t miss out on the extra seasons and double rewards. Lace up your virtual sneakers and head to the court—you never know how far you’ll climb.

Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Owen Skelton.

Owen Skelton

Owen Skelton is an experienced journalist and editor with a passion for delivering insightful and engaging content. As Editor-in-Chief, he leads a talented team of writers and editors to create compelling stories that inform and inspire.

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Donald and Melania Trump Launch Their Own Memecoins – Cryptoflies News

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Donald and Melania Trump Launch Their Own Memecoins – Cryptoflies News


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Donald Trump and Melania Trump have ventured further into the cryptocurrency space by launching their own memecoins — $TRUMP and $MELANIA.  

Donald Trump’s memecoin debuted on Friday. By Saturday, it was trading at $10 before reaching a peak of $74.59 on Sunday, according to CoinMarketCap data.

The coin’s market capitalization climbed to $8.34 billion, placing it 24th among over 10,000 active cryptocurrencies listed on the platform.  

On Sunday, Melania Trump also announced the launch of her memecoin on the Solana blockchain via a post on X (Twitter).

$MELANIA is currently trading at $5.31, with a market capitalization of $5.7 billion. In the past 24 hours alone, its trading volume reached $6.6 billion. The memecoin now ranks 96th among active cryptocurrencies on CoinMarketCap.  

You Might Be Interested In

The couple’s move reflects their continued interest in Web3 technologies and cryptocurrencies. 

Donald Trump has previously made headlines with his ventures in the space. He has released four collections of non-fungible tokens (NFTs), featuring trading cards with real-life perks for their holders.

Financial disclosures from August 2023 revealed that Trump holds up to $5 million in Ether and has earned over $7 million from his NFT projects.  

Melania Trump also has a history in the blockchain and NFT world. She launched her first NFT initiative in 2021 and has since released other projects in the space. In an October 2024 interview, she announced plans to expand her Web3 activities to support foster children if she were to return to the White House.



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Top NFT Collections – January 20, 2025

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Top NFT Collections – January 20, 2025


Top NFT Collections (Last 24h)

Here are the hottest NFT Collections of the day.

Rank

Name
Volume
Transactions
Chains
URL

1

Azuki
1,943.97 ETH
178
ethereum
View

2
Top NFT Collections – January 19, 2025
Milady Maker
720.27 ETH
133
ethereum
View

3
Pudgy Penguins
Pudgy Penguins
658.03 ETH
33
ethereum
View

4
Azuki Elementals
Azuki Elementals
644.38 ETH
478
ethereum
View

5
CryptoPunks
CryptoPunks
453.88 ETH
10
ethereum
View

6
Bored Ape Yacht Club
Bored Ape Yacht Club
352.30 ETH
24
ethereum
View

7
Trump Digital Trading Cards
Trump Digital Trading Cards
298.91 ETH
934
polygon
View

8
Lil Pudgys
Lil Pudgys
254.93 ETH
121
ethereum
View

9
BEANZ Official
BEANZ Official
208.90 ETH
313
ethereum
View

10
Doodles
Doodles
172.05 ETH
41
ethereum
View



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NFT Marketplaces Quidd and MakersPlace Shut Down Amid Market Challenges – Cryptoflies News

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NFT Marketplaces Quidd and MakersPlace Shut Down Amid Market Challenges – Cryptoflies News


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The non-fungible token (NFT) market continues to face challenges in 2025, with two more NFT marketplaces — Quidd and MakersPlace — announcing closures.

Quidd NFT marketplace shuts down

Quidd, an NFT marketplace under Animoca Brands, announced its closure earlier this month. The marketplace stopped operations on January 3, 2025, with the shutdown set to be finalized by January 31, 2025.

A statement on the website read: “It is with a heavy heart that we share the news of Quidd’s closure. Since our beginning, we have been honored to build a space where collectors, artists, and enthusiasts could come together to celebrate the vibrant world of digital collectibles.”

The announcement, however, did not specify the reasons for the closure.

Quidd had hosted several notable NFT drops over its lifespan. In March 2024, it signed a multi-year deal as the first digital collectible partner of Newcastle United Football Club, launching the team’s first NFT collection. A month later, Manchester City collaborated with Quidd to release NFT trading cards that offered exclusive perks to fans.

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In May 2024, Quidd introduced “Fairy Tail” NFT cards, featuring 29 characters from the popular manga series.

MakersPlace NFT marketplace winds down operations

MakersPlace, an NFT platform known for trading rare digital artworks, also announced its closure. The decision marks the end of six years of operations.

In a post by Content Manager Brady Evan Walker, the company acknowledged the difficulties in continuing the platform, mentioning “current market conditions” and “challenges in securing further investment” as reasons for the closure. 

MakersPlace had previously secured $32 million in funding from major players in the industry.

The platform has already disabled minting and new account registrations. Users can still purchase NFTs until the platform shuts down entirely, which is expected around June 2025.

Over its history, MakersPlace facilitated many high-profile NFT drops. In 2022, the platform collaborated with The Holoverse to auction a holographic NFT of Leonardo da Vinci’s “La Bella Principessa.” 

That same year, it hosted an auction celebrating 25 years of the music group The Crystal Method. The auction featured a music video, “Watch Me Now,” from the album “The Trip Out.”

Broader challenges in the NFT Market

The NFT market has struggled for two years, moving far from its peak in 2021 and 2022. Declining investor interest, regulatory uncertainties, and market saturation have contributed to the downturn.

Regulatory actions by the U.S. Securities and Exchange Commission (SEC) have added to the industry’s woes. The SEC issued Wells notices to several projects, including CyberKongz, OpenSea, and Immutable, citing securities violations.

In 2023, Impact Theory, a Los Angeles-based media company, was fined $6.1 million for offering unregistered NFT securities. The Stoner Cats NFT project also faced a $1 million fine for similar reasons.

Several high-profile platforms shut down operations amid these challenges. Companies like Nike’s RTFKT, Lacoste, Starbucks, Immutable, Kraken NFT, and GameStop are among those that exited the market.



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Top NFT Collections – January 19, 2025

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Top NFT Collections – January 19, 2025


Top NFT Collections (Last 24h)

Here are the hottest NFT Collections of the day.

Rank

Name
Volume
Transactions
Chains
URL

1

Milady Maker
2,643.05 ETH
471
ethereum
View

2
Top NFT Collections – January 21, 2025
Azuki
2,145.13 ETH
202
ethereum
View

3
Pudgy Penguins
Pudgy Penguins
987.74 ETH
47
ethereum
View

4
Azuki Elementals
Azuki Elementals
871.87 ETH
594
ethereum
View

5
Trump Digital Trading Cards
Trump Digital Trading Cards
719.49 ETH
2332
polygon
View

6
CryptoPunks
CryptoPunks
633.33 ETH
12
ethereum
View

7
Redacted Remilio Babies
Redacted Remilio Babies
503.15 ETH
474
ethereum
View

8
Trump Digital Trading Cards Series 2
Trump Digital Trading Cards Series 2
383.92 ETH
4972
polygon
View

9
Lil Pudgys
Lil Pudgys
378.02 ETH
171
ethereum
View

10
BEANZ Official
BEANZ Official
360.79 ETH
515
ethereum
View



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