This Recently Released Metaverse NFT Coin Gained 32% In 2 Hours (Stripto)

Today, crypto markets saw significant price gains as Bitcoin and Ethereum saw bullish momentum. This means that many smaller projects are seeing even more substantial price hikes. Today we’re taking a look at Stripto, an NFT/Metaverse crypto coin gaining over 32% since it was listed on CoinMarketCap two hours ago. What Is Stripto (STRIP)? Launched … Read more

Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs

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

Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund

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

Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money … Read more

Web World NFT Collection Now Available on OpenSea

At writing, the NFTs are listed at 0.1 ETH ($275) on OpenSea. Each country NFT represents the corresponding area on the Web World map. In addition, each Web World NFT is unique and fully replicates the areas, borders, and location of the world’s countries. One benefit to owning a Web World NFT includes additional rewards … Read more

New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture

Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable virtual goods” featuring “footwear, clothing, sports bags, sports equipment, and accessories for … Read more

Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits

Nicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could be due to a lack of awareness of the benefits … Read more