The Great NFT Contrast: The Institutionalization of Art vs. the Closure of DappRadar

Source: CritpoTendencia Original Title: The Great NFT Contrast: The Institutionalization of Art vs. the Closure of DappRadar Original Link: The NFT ecosystem experienced a clear divergence between cultural maturation and market adjustment. On one hand, digital art reached a new level of institutionalization with the opening of Padimai Art & Tech Studio in Singapore, a center focused on technological research.

At the same time, innovation was geared towards creative efficiency, with Colle AI expanding its smart channels to facilitate the creation and publication of dynamic and multichain NFTs.

On the other hand, a market adjustment was confirmed with the closure of DappRadar, a key analytics platform for NFT and GameFi. The company stated that its business model became unsustainable due to the prolonged recession.

Collector of Beeple’s Epic NFT Work Founds an Art Space in Singapore

Vignesh Sundaresan, also known as Metakovan, who acquired <<everydays: the=“” first=“” 5000=“” days=“”>> in 2021 for $69.3 million, inaugurated Padimai Art & Tech Studio, which opens its doors with an exhibition in collaboration with Olafur Eliasson.

Sundaresan states that Padimai is an institution of heritage, contemporary art, and research <<dedicated to exploring how technology can function as cultural infrastructure. This involves examining how digital works are created, how they endure, how they circulate, and how they shape collective memory.>>

He adds that <<its purpose is to play a complementary, not competitive, role within Singapore’s cultural landscape.>>

The exhibition invites visitors to walk through six digital installations that respond to their movements, recording and storing each person’s experience in a blockchain-based system developed by Sundaresan.

DappRadar: The Dream of NFT Madness Is History

DappRadar announced it will cease operations after seven years, citing an unsustainable business model amid a prolonged recession. Despite raising $7.33 million in funding and serving as a key data source for GameFi and NFT, the platform faced high operating costs and insufficient revenue.

DappRadar co-founders Skirmantas Januskas and Dunica Dragos announced that they will gradually suspend their data tracking services for all blockchains and DApps. They explained that they explored several alternatives in the past, but ultimately had to make the difficult decision to close.

During its seven years of activity, DappRadar collaborated with hundreds of blockchains and thousands of projects. However, its current scale and cost structure are no longer compatible with the market environment, making its operation financially unviable.

Colle AI Optimizes NFT Creation Processes

Colle AI announced a significant expansion of its smart NFT channels, aimed at optimizing how creators ideate, generate, and publish digital assets across chains.

Creators can design dynamic, behavior-based NFTs that adapt to usage, time, or on-chain events, and deploy them consistently across different networks from the same workspace they use to generate images and videos.

Available on both web and iOS, Colle AI allows users to monitor campaigns, test new releases, and send collections from anywhere, with automated customization and scalable publishing infrastructure.

<<By integrating intelligence into the NFT process itself, Colle AI helps creators take their ideas from concept to multichain launch faster and with much less complexity,>> said J. King Kasr, chief scientist at KaJ Labs. <<The goal is simple: for creators to focus on narrative and experiences, while the platform handles the heavy multichain lifting in the background.>>

Valley of Guardians Launches Season 4

Valley of Guardians, a fantasy game where players collect and upgrade characters, launched its fourth season with updates designed to enhance gameplay and interaction.

This new season introduces a more balanced attack system among Guardians of different strength levels. It also adds new bosses and Guardians, and improves the Fusion System to provide more consistent results when strengthening characters through combinations.

One of the new features is the Guardian burning mechanism, which allows players to eliminate unwanted characters in exchange for in-game coins.</el></al></su></dedicada></everydays:>