EToro Set Up $20M NFT Program
Social investment company eToro has confirmed that it is making a move into non-fungible tokens, launching a $20 million program to acquire blue-chip NFTs and support the up-and-coming creators. The ...
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Tag: nonfungible token
What Is Coming Up For Blockchain And The Creator Economy?
The global pandemic appears to have changed everything for the creators. Notably, the stay-at-home orders accelerated the shift toward blockchain and Web3 advancements and developments. After about two years coupled ...
OpenSea Buys Dharma Labs And A New CTO
On January 18, OpenSea announced that it had purchased Dharma Labs, a crypto lending platform and digital wallet, for an undisclosed amount. Based on their official statement, Dharma Labs would ...
Chinese Firms Embark On A Metaverse Trademark Competition
Earlier this year, the People’s Bank of China (PBOC) warned about nonfungible tokens (NFTs) and metaverse in November 2021. Despite the stern warnings, over one thousand Chinese firms have already ...
Animoca Brands And Binance Smart Chain Form $200M Fund For GameFi Projects
Animoca Brands and Binance Smart Chain (BSC) are unveiling a $200 million investment program to incubate the early crypto-focused gaming projects that are building on BSC. On December 6, Animoca ...
Silk Road’s Ross Ulbricht Launching An NFT Drop – Community Reacts
The notorious co-founder of Silk Road, Ross Ulbricht, has now decided to launch his NFT collections. His announcement of that decision received a mixed reaction from crypto sector insiders. This ...
Someone Spent $650,000 On NFT Yacht For A Game That Is Yet To Be Released
What if the popular children’s game Minecraft is enhanced with the concept of private property? In the latest development of the NFT techno-financial sector that is quite captivating, Hypebeast reported ...
FTX Expands NFT Marketplace To Support Solana Tokens In The United States
FTX, a cryptocurrency derivatives exchange, has officially launched its non-fungible tokens (NFTs) for its United States-based clients. In an October 12 Twitter post, FTX confirmed unveiling the initial Solana NFT ...
Browser-Powered DeFi Wallet XDEFI Unleashes Public Version
XDEFI Wallet is a browser-powered wallet service that caters to nonfungible token (NFT) and decentralized finance (DeFi) users. On October 12, 2021, reports emerged that XDEFI launched its public version ...
NFTs Enable Society To ‘Store Culture’ – Animoca Brands CEO
The co-founder and chairman of NFT game developer Animoca Brands, Yat Siu, thinks that nonfungible tokens provide a new way for culture to be stored securely in the virtual sphere. ...