Web 3.0 Woundup – 27/11/22

Web 3.0 Woundup – 27/11/22 #Web #Woundup. Here is what we have for you today on TmZ Blog.
Reading Time: < 1 minute
This week’s Web 3.0 woundup sees Magic Eden welcoming Polygon, FTX’s metaverse accountants hit with a lawsuit and the ApeCoin DAO voting for an NFT exchange. Pick a fighter and let’s go!
Magic Eden Welcomes Polygon NFTs
Solana-based NFT marketplace Magic Eden has increased the number of supported blockchains to include Polygon, the fast-growing Ethereum layer-two chain. According to Magic Eden, the move comes after partnering with the blockchain platform to, among other things, bring more people to the digital collectibles world.
Polygon will be the third chain on Magic Eden after adding support for Ethereum in August.
Prager Metis Hit With FTX-related Lawsuit
The accounting firm that boasts of having its headquarters in the metaverse, Prager Metis, has been taken to court for its role in the FTX collapse. According to an FTX investor who claims to have lost roughly $20,000, Prager Metis endorsed the crypto exchange’s financial situation despite being aware of the big financial hole in its books.
The lawsuit adds to other lawsuits filed against the exchange and its top executives.
ApeCoin Community Launches Yuga Labs Marketplace
The ApeCoin community this week launched an NFT marketplace dedicated to Bored Ape and other digital collectibles tied to Yuga Labs. Although MagicEden had expressed interest in building the platform, the ApeCoin DAO vote favored Snag Solutions, a four-month-old startup.
The platform will support NFT creators’ royalties, a move that follows popular marketplaces like OpenSea and X2Y2 which are rethinking their optional royalties stand.
You May want to check our other related articles below and download our app.
https://tmz.ng/crypto-market-news/ |Crypto Market News
Download Our APP
Download Our App For less Ads and more of Premium contents for free
Disclaimer For: Web 3.0 Woundup – 27/11/22
TMZ.NG believes the information on Web 3.0 Woundup – 27/11/22
accessible via this website is accurate and trustworthy but makes no promise regarding its timeliness, completeness, or correctness. TMZ.NG isn't a broker. We don't offer individualized investment advice. This website's information is subject to change. This website's content may become old, incomplete, or wrong. We may update obsolete, incomplete, or erroneous information, but aren't required to.
It would be best if you never made an ICO, IEO, or other investment decision based on the material on this website, nor should you consider it financial advice. If you need investing advice on an ICO, IEO, or other investment, visit a licensed advisor. We don't take payment to analyze or report on ICOs, IEOs, cryptocurrencies, currencies, tokenized sales, stocks, or commodities.