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“# Acala wins first Polkadot parachain auction with over 32M DOT staked ” On Thursday morning, Acala, a decentralized finance (DeFi) protocol operating on the Polkadot (DOT) network, announced it had won the first-ever Polkadot parachain auction. Acala raised a total of 32.5 million DOT, worth roughly $1.28 billion, from 24,934 contributors via an initial coin…
“# Nifty News: YGG partners with 8 P2E games, Ice Cube and Quiznos drop NFTs ” Decentralized gaming guild Yield Guild Games (YGG) has partnered with, and invested in, eight new play-to-earn (P2E) blockchain games. YGG lends out nonfungible token (NFT) gaming assets to Guild players so that they can earn rewards from a long…
“#Inside Macklowe divorce that led to Sotheby’s biggest auction” It was a divorce for the history books. The split of real-estate billionaire Harry Macklowe and his ex-wife Linda led to the richest night of art sales in Sotheby’s history on Monday, in a court-ordered auction to divide their assets. When the final hammer came down,…
“# DFG piles $12.6M into Astar Network’s Polkadot parachain bid ” The first-ever parachain auction on Polkadot is heating up, with leading projects from the Polkadot ecosystem competing for the coveted first slot. On Nov. 15, DFG Group — a global blockchain investment firm controlling $1 billion in assets under management — announced it had…
“# Polkadot price moves higher as parachain auctions reduce DOT’s circulating supply ” This week a number of contenders are set to participate in Polkadot’s first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain projects a chance to show why they offer the most competitive solutions…
“# Nifty News: Wolf snaps up Punk, Disney NFTs, Economist mag cover fetches $422K… ” The wolf of nonfungible streets Erstwhile crypto skeptic Jordan Belfort has bravely outed himself as an NFT proponent amid the booming growth of the sector in 2021. Belfort is known for his dodgy antics while working as a stockbroker on…
“# Buyers shell out $7M for unseen NFT collection ” Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December. Tyler Hobbs, the artist behind the popular NFT series Fidenza, will launch 100 one-a-kind digital artworks in…
“# NFT studio Mojito completes $20M seed round with help from Sotheby’s ” NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby’s. According to an announcement published in Forbes, Sotheby’s auction house in partnership with Future Perfect Ventures, Creative…
“# Nifty News: Playboy unveils 11,953 bunny avatars, Martha Stewart cooks up NFTs… ” Playboy to release tokenized bunnies into the wild PLBY Group, Inc, the owners of the raunchy lifestyle magazine Playboy unveiled a new NFT project consisting of 11,953 unique 3D animated bunny avatars. According to an Oct. 20 announcement, the number of…
“# Polkadot unveils $770M development fund ahead of parachain auctions ” Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions. Wood tweeted on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to…