Section
On-chain crypto, DeFi, NFTs, and industry news.
937 articles · Page 24
Solana marketplace specializing in state-of-the-art, single-edition NFTs, Formfunction, raised almost $5M in funding last year. Many would see this as an excellent start to success. Unfortunately, however, the company today announced its closure. Quick Takes: Why Formfunction Bites the Dust After launching in February 2022, Formfunction secured $4.7M in seed funding the following month. Variant
Leah Waters
NounsDAO, a web3 native community, approved a plan to produce an animated movie with NFT characters. The project has a $125,000 budget and will be developed in several tale acts. Quick Take: NounsDAO: Producing an Animated Movie with NFT Characters NounsDAO, the primary governing body of Nouns, based on a fork of compound governance, pays
Anvi Saini
This week, Polygon introduced an extension for Web3 domain names – .polygon. Such personal identities, akin to .eth domains on Ethereum, are created to streamline the user experience for Polygon customers. As a result, all 180 users can purchase their very own via Unstoppable Domains starting tomorrow. Quick Takes: The Need for Domain Names Web3
Leah Waters
When you think non-fungible tokens (NFTs) couldn’t have any more out-of-the-ordinary use cases… Recent news announces that Sherwin-Williams — the global leader for high-quality paints and coatings — recently filed a trademark to boost creativity via NFTs, virtual goods, and an online marketplace. So, virtual paints, anyone? Quick Takes: Reasons for Applying Web3 Initiatives Sherwin-Williams is a
Leah Waters
Yesterday, the Commerce and FinTech Lead at Meta, Stephane Kasriel, revealed that all non-fungible token (NFT) features on Instagram and Facebook are being disabled. This sudden announcement has caught many creators off guard, who recently gained access to the NFT features for promotional purposes. Quick Takes: Instagram and Facebook NFTs: From Start to Finish Instagram began conducting tests
Leah Waters
Following Lamborghini, Rolls Royce, Porsche, among others, the famous Japanese motor company, Nissan, finally sees the importance of metaverse and NFT advertising. Following on, the car manufacturer filed four Web3 trademark applications yesterday, for virtual goods, clothes, metaverse creation, and its very own marketplace. Quick Takes: Reasons for Nissan Driving Into Web3 Japanese multinational automobile
Leah Waters
At the beginning of the month, Ethereum — the blockchain network much-loved for storing non-fungible tokens (NFTs) — underwent an upgrade known as ”ERC-4337”. The feature introduced numerous improvements to the blockchain network’s ecosystem. One of the most significant enhancements was adding an audited version of the Ethereum Foundation’s ERC-4337 account abstraction standard. The deployment
Leah Waters
The Pokémon Company, one of the world’s biggest entertainment companies, is reportedly seeking a Corporate Development Principal with knowledge of web3 and NFTs. The position requires the candidate to be ”deeply connected” to people in the web3 and metaverse space. Quick Take: Pokémon’s First Official Web3 Endeavour This move has sparked excitement among fans and
Ross Wardrop
In the world of cryptocurrency, keeping track of the market can be an overwhelming task. With thousands of coins, constantly changing prices, and a plethora of exchanges and wallets to choose from, it can be difficult to know where to start. This is where CoinGecko comes in – an all-in-one platform for tracking cryptocurrency prices,
Will Zhu
Enthusiasm for Bitcoin NFTs intensifies as one individual discovers a way to produce ”fungible tokens” utilizing the Ordinals protocol. Users create meme tokens in the aftermath. What is BRC-20? The BRC-20 token standard is a recent experiment that came to light on March 8 by a data enthusiast, Domo (who prefers to remain anonymous). Domo took to Twitter to
Leah Waters
Claire Silver — an artificial intelligence (AI) and non-fungible token (NFT) artist known for having exceptional creativity — is scheduled to showcase her newest masterpieces at Paris’s iconic Louvre on March 21. Quick Takes: Who is Claire Silver? Silver seamlessly integrates unique art algorithms and machine learning with traditional artistic methods. As a result, she is famous for
Leah Waters
The Otherside’s second trip will take place on March 25, 2023. (exact time TBA). The experience will be available to Voyagers 15 minutes before the start of the Second Journey. Quick Take: Getting to the Second Trip To begin, Voyagers with Otherdeeds can join the 2nd Trip if they get there on time and before
Anvi Saini
Following Animoca Brands and Planet Hollywood Group’s existing joint venture, Meta Hollywood, both companies are collaborating to launch a members-only non-fungible token (NFT) club in Los Angeles. Quick Takes: What’s Behind the Doors of LA’s Upcoming CLUB 3 Animoca Brands and Planet Hollywood are working together to launch ”a first of its kind private club
Leah Waters
Binance’s cutting-edge non-fungible token (NFT) marketplace is enhancing, thanks to additional support for the Polygon Network. This integration broadens the NFT ecosystem, enabling community members to discover and trade diverse digital assets across chairs. Quick Takes: Perks of Binance NFT Adding Polygon to the Mix To start its Polygon integration, Binance will add a few
Leah Waters
Despite being deep in the weeds of the blockchain and creating Ethereum in 2013, Vitalik Buterin has only just released his first drop of non-fungible tokens (NFTs). Accordingly, the open-edition NFT collectibles, ”Quadratic Funding Record” surpassed 4,692 ETH ($7.3 million) in trading volume over the past 24 hours. Quick Takes: What are ’Quadratic Funding Record’ NFTs?
Leah Waters
The doors for The Sandbox’s March Festival are finally open. From today until April 4, non-fungible token (NFT) gamers can partake in the metaverse’s most rewarding event yet, giving players the chance to enter a prize pool of 1M $SAND. Quick Takes: Exciting Activities and Rewards at the March Festival The Sandbox is set to
Leah Waters
Getty Images, a top digital photography platform, has collaborated with Candy Digital to create its first-ever collection of vintage photographs. This collection aims to showcase iconic figures from the 1970s in high-quality digital assets. Plus, the NFT series include David Bowie, the Rolling Stones, AC/DC, and John Lennon. The debut of this impressive collection is
Anvi Saini
Yesterday, Yuga Labs’ highly-anticipated auction of its first-ever Bitcoin NFTs, TwelveFold, ended. With 288 bidders successfully acquiring such digital assets, the non-fungible tokens totaled to $16.49M BTC, proving another successful sell-out for the company behind Bored Ape Yacht Club. Quick Takes: Why Yuga Labs’ TwelveFold NFT Collection Sets Record Starting Sunday and ending yesterday, TwelveFold
Leah Waters
Well-know marketplace previously famous for its Solana NFTs, Magic Eden (ME), recently introduced a major gaming event. ”Mint Madness” is granting free non-fungible token (NFT) mints over a dozen Web3 games – all month long. Quick Takes: Notable Advantages of ’Mint Madness’ Distributed among Solana, Ethereum, and Polygon, ME is facilitating 13 free Web3 games
Leah Waters
CoinDesk has announced a series of partnerships aimed at creating a token-gated experience for its upcoming Consensus event, one of the biggest annual events in crypto and Web3. The event will now feature Microcosms, an NFT collection that will give holders three years of pro-pass access to Consensus and a multi-tiered rewards system that unfolds
Alex Borden
Streamer Dr Disrespect has voiced his support for the use of non-fungible tokens (NFTs) in gaming, despite the widespread backlash and lack of uptake from players. Dr Disrespect took to social media to express his excitement about the concept of NFT items in video games and their potential to increase the stakes in extraction-based shooters.
Alex Borden
The Bitcoin non-fungible token (NFT) ecosystem — which wasn’t even a ”thing” just months ago — is looking to expand to a market size of $4.5B by 2025, according to Galaxy Research. Quick Takes: Reasons Behind the Predicted Surge of Bitcoin NFTs Since December 2022, more than 200k digital inscriptions have been stored on Bitcoin’s
Leah Waters
American E-commerce giant, Amazon, the multi-billion dollar firm, are set to make their first foray into the NFT world. They’re doing this following on from similar companies such as Google and Meta. They are due to introduce an NFT marketplace in the next month, according to some. Quick Takes: Amazon’s NFT Plans Jeff Bezos founded
Ross Wardrop
