Barely a few hours after news broke that Instagram and Meta would enable support for non-fungible tokens (NFTs), Twitter rolled out iOS support for digital collectibles. These social media giants are clearly trying to outclass each other. On Thursday afternoon, Twitter announced that paid subscribers of Twitter Blue would be
According to a report by the Financial Times, Meta (formerly Facebook) is working on a new feature that would allow users to display their NFT collections on Instagram. Citing unnamed sources, the FT reported on Thursday that the feature would allow Meta and Instagram users to mint and sell NFTs,
It is definitely a season of capital raises by NFT and metaverse projects. From Burnt Finance’s $8 million Series A round on Monday to Metaplex’s $46 million round, investors are splashing million on crypto startups. Tom Brady’s Autograph NFT platform is one of the latest to receive
Burnt Finance, a crypto startup that became famous for burning an original Banksy artwork and then selling higher as an NFT, has raised $8 million in a Series A round led by Animoca Brands. Other participants in the capital raise include Alameda Research, DeFiance, Figment, Multicoin Capital, Play Ventures, Spartan
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A few days ago, the world's first Solana-powered social NFT mobile app, Artrade, announced its partnership with 2 of the most revered artists in the artistic world: El Motion Lab and Benjamin Spark. These 2 have, over the years, with great dedication and commitment, proven their worth in
Metaplex Foundation, the protocol behind millions of Solana NFTs, has raised $46 million from several investors, including NBA legend Michael Jordan. The strategic funding round was co-led by Multicoin Capital and Jump Crypto, with participation from others like metaverse investment firm Animoca, Solana Ventures, and Alameda Research. In addition to
Following a partnership with Mastercard, Coinbase’s forthcoming NFT marketplace is set to address some of the critical pain points of transacting in the space. The crypto exchange announced the Mastercard partnership on Tuesday, noting that it was working with the payments giant to classify non-fungible tokens (NFTs) as “digital
NFT marketplace OpenSea announced on Tuesday that it had acquired Dharma Labs, a blockchain-based protocol for generic tokenized debt agreements. Meanwhile, Dharma's chief executive officer would become OpenSea's new chief technology officer. The confirmation comes weeks after Axios’s Kia Kokalitcheva disclosed that OpenSea was in
OpenSea began 2022 with a bang and has so far managed to maintain this momentum. The leading NFT marketplace has broken another of its record, having hit a new all-time high in its trading volume. Barely two weeks into January, OpenSea’s monthly Ethereum trading volume has surpassed the $3.
Judging from its latest patent filings, retail giant Walmart may be positioning itself to enter into the metaverse space. The company reportedly filed seven new trademarks last month, signaling its interest to enter the industry. One of the filings also revealed Walmart’s plans to debut its own digital currency
How much do you think your selfie is worth? A 22-year-old Indonesian man has cashed out big from the NFT frenzy after selling his selfie images for more than $1 million. For the past five years, Sultan Gustaf Al Ghozali has been taking selfies of himself in front of his
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Galaxy Heroes has launched its NFTs marketplace as per a press release on January 10, 2022. The Binance Smart Chain (BSC)-based NFT marketplace is freely accessible to creators and projects that wish to mint cheaply and sell NFTs conveniently. NFTs Marketplace Launched Immediately after activation, the second GHC collection
Fans Controlled Football is a Los Angeles pro football sports league that enables fans to make decisions as regards teams playing live via their smartphones. Using their voting rights offered by their Non-Fungible Token, they call all the plays and vote on each play from diverse plays, and the players
Barrett- Jackson Scottsdale is a well-known event for the global collection of cars, wherein exotic cars and automobiles are offered to auctioneers, enthusiasts, and visitors during the nine-day event, which also doubles as the 50thanniversary of Barrett-Jackson. The elite collection of Barrett- Jackson comprises four vehicles that highlight the inaugural
Having invaded the art and gaming space, the NFT market has begun to expand its territories to other spaces and industries. However, although the current market is laudable, it has its shortcomings concerning users' experience. Conventionally, NFTs are largely desktop-focused; there is a limitation to how users can access
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An erudition of editors on Wikipedia—a free user-generated encyclopedia—decided against designating nonfungible tokens (NFT) as a form of art and agreed to put the matter on hold until later. At the end of December, a poll and discussion on the platform centered on the priciest art sales by