In a possible metaverse play, Chinese e-commerce giant Alibaba Group Holding Limited has led a $60 million Series C+ funding round for augmented reality glasses maker Nreal. According to Nreal, the plan is to channel the funds into bolstering research and development, as well as accelerate its domestic and global
For several months, there have been reports of possible integration of Solana NFTs on OpenSea. The leading NFT marketplace finally confirmed the rumors yesterday. OpenSea unveiled a preview of its long-awaited NFT integration on the Solana on Tuesday, with a rollout slated for April. The teaser video sampled a series
Over the weekend, World of Women released a new Galaxy collection and it didn’t take long to sell out. The collection of 22,222 women avatars generated $79 million within the first 24 hours after launching. This includes $34 million in primary sales from the mint and $45 million
Press Releases
Non-Fungible Tokens (NFTs) took off in 2018 with CryptoKitties. However, most don't know that the NFTs appeared in 2014 before Ethereum changed the blockchain landscape with smart contracts. NFTs are unique creations allowing users to own digital assets with on-chain provenance. By tokenizing an art piece, for instance,
News
The rise in popularity of cryptocurrencies has turned digital assets into one of the fastest-growing markets in the world. With the total market capitalization having crossed $2 trillion, blockchain is showing no signs of slowing down, and this has sparked a lot of interest in the technology. Cryptocurrencies attract speculative
Press Releases
While crypto adoption has experienced an unprecedented rise in the last couple of years, statistics still point to using these digital currencies as investment tools rather than household purchases, as most experts predicted. By dint of this, no crypto holder can confidently walk into any store in Europe or any
Press Releases
Launching on March 31st, 2022, Richard Karn’s NFT project takes a completely different angle, unlike what is rampant in the NFT industry. A few weeks ago, the Home Improvement alum and former Family Feud host announced his “Experience NFT” collection. Each of Karn’s NFTs comes with exciting and
Back in January, South Korea voiced its plans to become the fifth-largest metaverse market by 2026. A month later, the government pledged 223.7 billion Korean won ($186.7 million) to create a broad metaverse ecosystem dubbed “Expanded Virtual World.” Seoul has continued to follow up with its metaverse plans,
An NFT tied to the original arrest warrant of South Africa’s first black president, Nelson Mandela, has been sold to a fund heritage site for more than $130,000. For some context, the former South African president was part of a political organization, where he became a leader of
Press Releases
Developed to be a gateway to blockchain, Lisk blockchain application platform focuses on helping everyone to access the benefits of decentralization. The Lisk Grant Program has been specifically set up to promote and incentivize developers and entrepreneurs who can create outstanding applications using blockchain technology. The current wave is coming
NFT News
Blockchain has revolutionized virtually every sector of the global economy, and we are yet to fully maximize the potential of the revolutionary technology. However, the financial support for entrepreneurs and developers is most of the time insufficient. Most of these entrepreneurs and developers are unable to raise funds for their
Press Releases
DeFi startup incubator Kronos DAO is happy to notify investors of its upcoming public sale on 28 March 2022. The platform will offer its token $KRONOS to participating investors at a significant discount during the public sale. Kronos DAO will hope to raise more funds from the public sale event
News
Since first supporting the presales of projects in December 2021, YashaDAO’s YashaPad has successfully funded five different projects that are set to make a name for themselves in crypto. Launchpads exist across many different projects, but they don’t all succeed in reaching funding goals or helping projects hit
Press Releases
The unprecedented rise in interest and value of cryptocurrencies and their concomitant trends—NFTs, DeFi, P&E, GameFi—have presented a good opportunity for the commingling of existing industries. Through blockchain technology—the distributed, permanent, and immutable ledger—crypto project developers have bridged the gap between cryptocurrencies and other
Earlier this week, the creators of the now-popular Bored Ape Yacht Club NFT collection, Yuga Labs, completed a $450 million funding round. According to a report by The Verge, the raise valued the company at $4 billion. The funding round was led by Andreessen Horowitz, with participation from others like
Popular NFT marketplace Veve has temporarily closed its marketplace following an exploit that resulted in the illegal acquisition of millions of its in-app gem tokens. The NFT marketplace, which is quite popular for offering licensed digital collectibles from mainstream brands like Marvel, Coca-Cola, and Pixar, confirmed the exploit in a