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Two reports claim that the creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC) are in talks of raising funds from investors such as the venture capital firm Andreessen Horowitz. The alleged funding round is expected to be around $200 million, but sources further say “the deal is not yet closed.” … Read more
“Utility” is the 2022 NFT buzzword and a few forward-looking projects are venturing into the Metaverse by integrating gamification and token emission strategies to their roadmap. Go to Source Powered by WPeMatico
A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has raised $7.5 million in ether and the funds will be used to help with Assange’s legal fees and raise public awareness about his case. Assangedao … Read more
The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The NFL has partnered with Ticketmaster to issue the commemorative NFT tickets allowing fans to hold “a digital keepsake from their … Read more
StockX is an online reseller estimated to be worth $3.8 billion, and NFT sneakers in dispute are still online. Go to Source Powered by WPeMatico
The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX US to Mint Solana-Based Digital Collectibles Since 1999, the festival co-founded by … Read more
Blue chip NFTs are rallying week-after-week, closing out a strong start to 2022, but what is driving these collections to pump? Go to Source Powered by WPeMatico
Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established a $100 million fund dedicated to NFT creator … Read more
“Our goal is that this billboard campaign will plant the seeds of understanding that there’s actually something to crypto,” said Sam Feldman. Go to Source Powered by WPeMatico
The CEO of the new NFT platform says that it won’t require users to have a crypto wallet, and will prioritize ease of access for a mainstream audience. Go to Source Powered by WPeMatico
