Author: MagNFT

After careful consideration, we’ve decided to pause operations at MagNFT. Market conditions in the NFT and Web3 space have been especially challenging over the past couple of years, making it increasingly difficult to maintain the level of quality and consistency we hold ourselves to. That said, we remain firm believers in the long-term potential of this technology. The future is still being written, and we’re hopeful about what’s ahead. While we’re stepping back from publishing new content for now, our educational resources will remain available on the site. Whether you’re just starting out or looking to dive deeper, we hope…

10,000-piece NFT collection Doodles has announced the launch of music label Doodles Records, in partnership with Sony-owned distribution company, The Orchard. For its debut EP, Doodles Records will be publishing the soundtrack for animated special Dullsville and the Doodleverse, scheduled to premiere at the Toronto International Film Festival later this year. This three-track EP will include “Not in the Store” by Coi Leray, “Can’t Hold Me Down” by Lil Wayne, Lil Yachty, and Kyle Richh, and “Doodleverse (Draw Me Closer)” by Swae Lee, Lil Yachty, and Pharrell Williams – with each track to be released with an animated music video, created…

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Popular metaverse platform The Sandbox has raised an additional $20 million USD through a convertible debt offering, securing a total valuation of $1 billion USD. Co-led by Kingsway Capital and Animoca Brands, the offering allows investors to convert their debt into shares in Bacasable Global Limited, the corporate entity of The Sandbox. These funds will help The Sandbox to further the development of its decentralized virtual world, where users can own & benefit from their user-generated content. What is The Sandbox? The Sandbox is a open-world metaverse title. Players can explore a vast open metropolis, enter various officially-licensed stores and…