Royal, an on-chain music platform has announced a Series A funding round. The round was led by venture capital giant Andreessen Horowitz. Other investors include musical artists Nas, Chainsmokers, and Disclosure. This music marketplace enables the fans to acquire music rights through nonfungible tokens (NFTs). Its co-founders, entrepreneur JD Ross and DJ Justin Blau who… Continue reading Royal NFT Music Marketplace Gets $55M In Series A Funding Round
Tag: NFT
Slotie Reimagines Casino Sector With DeFi And NFT
Slotie is committed to enhancing the Casino industry using decentralized finance (DeFi) and nonfungible tokens (NFTs). Blockchain innovation has developed massively in the past few years, starting with the introduction of Bitcoin (BTC) and then progressing to the DeFi and NFT sectors. Many applications of blockchain fundamentals have come and revolutionized many industries, with the… Continue reading Slotie Reimagines Casino Sector With DeFi And NFT
Animoca Brands Raises $5 Million For Quidd NFT Marketplace
Quidd is a marketplace that offers digital collectibles for investors interested to participate in the nonfungible token (NFT) space. The platform is a subsidiary of Animoca Brands. The latest reports indicate that Quidd has raised to $5 million in private pre-sales and an initial DEX offering (IDO). The big funding from a private sale, pre-sale,… Continue reading Animoca Brands Raises $5 Million For Quidd NFT Marketplace
OpenSea: Is It An Undervalued NFT Marketplace?
OpenSea’s transaction volume that recently exceeded $10 billion makes the marketplace the leader in the nonfungible token (NFT) boom of 2021. This year has been a pivotal turning point for the NFT market. The budding market has experienced unexpected growth as sales volume from January to date nears $10 billion. That is a 14,500% surge… Continue reading OpenSea: Is It An Undervalued NFT Marketplace?
Mintology Introduces A Curated NFT Launchpad
Mintology is described as the first curated NFT Launchpad in the world. Nonfungible tokens (NFTs) have taken the entire world by storm. The new asset class is integrating the real world with the nascent crypto sector and more institutional and high-net-worth investors are coming in. NFTs are believed to be an extension of blockchain technology… Continue reading Mintology Introduces A Curated NFT Launchpad
Beeple’s Discord Compromised In Time To Coincide With Christie’s Auction
Users believed that they were signing up for an affordable NFT drop offered by the famed artist, Beeple. However, that was not the case. The platform was compromised and convinced users that the affordable NFT drop was meant to coincide with his second Christie’s auction. The admin account for Beeple’s official Discord group was hacked… Continue reading Beeple’s Discord Compromised In Time To Coincide With Christie’s Auction
NFTs Have Changed Crypto From ‘Weird’ To ‘Cool’ – Visa Executive
Cuy Sheffield, the head of the crypto department at Visa, has said that investing in cryptos has become quite cooler than how it was in the past. According to the executive, the growing appeal in cryptos has been caused by an influx of creative types of tokens that are brought in by the thriving nonfungible… Continue reading NFTs Have Changed Crypto From ‘Weird’ To ‘Cool’ – Visa Executive
WWE Introduces Eco-Friendly NFT Marketplace
On October 27, World Wrestling Entertainment (WWE) signed a multi-year partnership with Blockchain Creative Labs to develop an NFT marketplace featuring many historical moments and iconic superstars. The American entertainment firm, mainly known for professional wrestling, WWE, partnered with the blockchain firm to launch the marketplace. Notably, the digital collectibles will capture different iconic moments… Continue reading WWE Introduces Eco-Friendly NFT Marketplace
Decentraland, Axie Infinity, And ‘Metaverse’ Cryptos Surge After Facebook Changes To Meta
The net market cap of metaverse tokens has grown 13.40% to $12.36 billion in the last 24 hours. On October 28, Facebook’s decision to rebrand itself to Meta helped in sparking a speculative rally across cryptos that are owned by similar virtual world projects. This Meta brand is used to indicate Facebook’s plans to create… Continue reading Decentraland, Axie Infinity, And ‘Metaverse’ Cryptos Surge After Facebook Changes To Meta
Fancy Birds Play-To-Earn Game Aims To Emulate Flappy Bird’s Success
Fancy Birds is a new play-to-earn (P2E) nonfungible token (NFT) game that seems to be taking the industry by storm. The blockchain game hopes to emulate the success that was recorded by the addictive mobile phenomenon Flappy Bird. The team behind Fancy Bird said that it is drawing its inspiration from the addictive success of… Continue reading Fancy Birds Play-To-Earn Game Aims To Emulate Flappy Bird’s Success