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Tag: Burn NFT

Cross-Chain NFT Staking Goes Live on Enterprise DAO for Cosmos Blockchains
Terra Classic (LUNC)

Cross-Chain NFT Staking Goes Live on Enterprise DAO for Cosmos Blockchains

Enterprise DAO, powered by Terra Money, has introduced cross-chain NFT staking for several Cosmos blockchains, including Terra, Stargaze, Juno, and Terra Classic coming soon. This innovation allows NFT holders to stake their digital assets across different platforms to earn rewards and privileges. Read Also: XRP: Can it Reclaim its Glory Days? Benefits of Cross-Chain NFT Staking on Enterprise DAO Streamlined NFT Staking: Stargaze and Juno NFT DAOs leveraging Ark Protocol can now enjoy one-click staking with no complex setup procedures. Advanced DAO Features: Enterprise DAO offers advanced functionalities like voting, treasury management, and rewards distribution for NFT-governed DAOs. Terra Luna Classic Upgrade to Support Enterprise DAO The Terra Luna Classic (LUNC) com...
Burn NFT is Launching On Phantom To Fight Unwanted Wallet Spam
Blockchain

Burn NFT is Launching On Phantom To Fight Unwanted Wallet Spam

Phantom, the top Solana-based wallet provider introduced an amazing feature in Phantom across all devices. The update was revealed on its official Twitter handle, that the Burn NFT feature has been included in Phantom across all devices to fight the unwanted wallet spam. https://twitter.com/phantom/status/1559944963651211268 The rate at which the bad actors are stealing users’ funds is appalling especially as the crypto ecosystem grows and the fast growth in NFT fame has resulted in the rise of a prevalent avenue of attack for Scammers, Spam NFTs. Read Also: Rep. Tom Emmer Slams The US Treasury Department On The Current Sanctioning Of Tornado Cash The scammers are growing sophisticated every day.  Scammers claim to give users a gift/NFT, once the users click on the l...