NFT Marketplace OpenSea Valued at $1.5B in $100M Funding Round Led by A16z
The NFT venue has crossed into the rarefied air of crypto unicorns.
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Jul 20, 2021 at 10:00 a.m. UTC
Jul 20, 2021
NFTs
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Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.
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Polygon Launches Unit to Grow Blockchain Gaming, NFTs
The Ethereum-scaling project has introduced Polygon Studios to "bridge the gap between Web 2 and Web 3 gaming."
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Jul 19, 2021 at 4:00 p.m. UTC
Jul 19, 2021
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South China Morning Post to Mint Historical Records as NFTs
The SCMP introduced its ARTIFACT standard for recording historical accounts and assets on the blockchain as NFTs.
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Jul 19, 2021 at 11:31 a.m. UTC
Jul 19, 2021
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Alibaba’s E-Commerce Website Taobao to Include NFT Arts in Its Maker Festival
NEAR Protocol is working with Web3Games and Chinese artist Heshan Huang to sell NFT-based “real estate.”
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Jul 17, 2021 at 1:00 p.m. UTC
Jul 17, 2021
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Bitcoin Interest Declines, Rolling Stone Gets Into NFTs
China clampdown hits crypto media aggregator. Bitcoin interest declines. Rolling Stone magazine gets into NFTs. More on these stories and other news shaping the cryptocurrency...
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Jul 16, 2021 at 2:43 p.m. UTC
Jul 16, 2021
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Blockchain-Based Fantasy Soccer Platform Sorare to Raise $532M in Funding
According to an unconfirmed Business Insider report Wednesday, Paris-based digital soccer collectibles platform Sorare is expected to announce that it will receive $532 millio...
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Jul 15, 2021 at 8:57 p.m. UTC
Jul 15, 2021
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India Seeks Crypto Advice, K-Drama Joins NFT Bandwagon
Indian High Court seeks advice on crypto advertising disclaimers. Hong Kong customs make the first crypto-related money laundering bust. K-drama “Vincenzo” joins the NFT bandw...
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Jul 15, 2021 at 2:48 p.m. UTC
Jul 15, 2021
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Blockchain-Based Fantasy Soccer Platform Sorare to Raise $532M in Funding: Report
The NFT company’s valuation could exceed $3.8 billion, according to unnamed sources mentioned in a Business Insider article.
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Jul 15, 2021 at 12:32 a.m. UTC
Jul 15, 2021
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Axie Infinity's AXS Token Up 700% From June Lows
AXS is the governance token of the Axie Infinity platform, an Ethereum-based digital marketplace for the Axie Infinity game.
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Jul 14, 2021 at 4:03 p.m. UTC
Jul 14, 2021
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Nifty’s and Warner Bros. Team Up to Launch ‘Space Jam’ NFTs
A series of non-fungible tokens (NFTs) marking the release of “Space Jam: A New Legacy” is to be launched on the new social platform Niftys.com in partnership with Warner Bros...
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Jul 14, 2021 at 3:05 p.m. UTC
Jul 14, 2021