Mehul

  As Web 3.0 presence and innovation continues on a path of rapid growth and adoption, the lines between finance, gaming and entertainment will continue to merge, becoming inseparably intertwined to form decentralized multidimensional digital ecosystems. These new frontiers that we like to refer to as the Metaverse 1.0 offer new solutions for participation, earning and entertainment that can be highly profitable for the user. Given the extensive utility offered within these new ecosystems, their peer-to-peer nature further drives efficiencies, reducing reliance on centralized third-party services, thus Web 3.0 presents potentially very attractive multiverse of ecosystems for participants. Further the merging of publicly traded cryptocurrencies into these new Web 3.0 economies and markets coupled with the extensive utility of NFTs, will be a driving force creating new categories of asset classes. The ascension into the newly created multiverse will also offer a new form of social in...

  At the moment, many NFT marketplaces fail to address the significance of royalty standards across the spectrum of  Web 3.0 related NFT ecosystems and platforms. As the NFT sector continues to develop, there are noteworthy issues stemming from various NFT platforms failing to deduct and deliver set royalties to creators/content owners for proprietary content sales in primary and secondary markets. EIP-2981 Royalty Standard for ERC-721 and ERC-1155 NFTs has not been adequately implemented across the Web 3.0 space. Many NFT platforms are not adapted to read the royalty rate that was originally set by the creator for their NFT collections on another platform compliant with EIP -2981.  Clearly there is a lack of adoption of a single unified standard for royalties. This continues to be a persisting issue for primary and secondary market sales, while also impacting the pre-mint  and  genesis releases of the creator’s digital property via NFTs. Therefore, the ability ...

MeDIA eYe is excited to announce that we have integrated Chainlink Price Feeds and further plan to integrate Chainlink VRF, enabling us to provide a transparent, high-quality user experience secured by industry-leading decentralized oracle infrastructure.  https://blog.mediaeyenft.com/media-eye-nft-portal-integrates-chainlink-price-feeds-for-enhanced-price-accuracy/

 A brief description in a nutshell! NFTs are cryptographic token/units created on the blockchain which are non-fungible, semi-fungible, and in some cases, fungible cryptographic wrappers consisting of programmatic sets of parameters established by specific instructions on a blockchain. NFTs can represent an unlimited range of unique or homogenous values for the embedded digital assets/content and metadata the NFT contains. https://blog.mediaeyenft.com/why-nfts-are-important%ef%bf%bc/

 At the moment, many NFT marketplaces fail to address the significance of royalty standards across the spectrum of  Web 3.0 related NFT ecosystems and platforms. As the NFT sector continues to develop, there are noteworthy issues stemming from various NFT platforms failing to deduct and deliver set royalties to creators/content owners for proprietary content sales in primary and secondary markets. https://blog.mediaeyenft.com/media-eye-nft-portal-supports-the-eip-2981-nft-royalty-standard-for-erc721-and-erc1155/