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“# Ross Ulbricht’s debut NFT sold for $6.2M at auction ” After announcing the launch of his “Genesis Collection” nonfungible token (NFT) auction, Ross Ulbricht, the alleged founder of dark web marketplace Silk Road, has sold his first NFT for $6.2 million or 1,446 Ether (ETH) at auction. The auction kicked off at Art Basel…
“# Ethereum transaction energy use equals 2.5 miles in a Tesla Model 3: Report ” In contrast, a transaction on Tezos takes 0.0016 kWh or less than the energy required to charge an Apple Tablet for 10 minutes. 100 Tezos transactions is equivalent to driving 10 km in a Tesla Model 3. The energy use…
“# Mnemonic raises $4 million to launch B2B API platform focused on NFT’s ” Mnemonic has emerged from a period of six-month incubation to announce the upcoming launch of its nonfungible token (NFT) analytics platform designed to facilitate API and cross-chain aggregation functionalities which enable developers to build NFT-centric applications. Above this foundational layer, the…
“# OpenSea walks back on IPO plan following community backlash ” The world’s top nonfungible token (NFT) marketplace OpenSea has denied it intends to pursue a public listing any time soon. Chief Financial Officer (CFO) Brian Roberts sparked a public backlash this week when he told Bloomberg that “it would be foolish not to think…
“# Animoca Brands’ treasury increased in value by 5X over two months ” Metaverse and blockchain gaming firm Animoca Brands has revealed that its treasury increased in value by more than five times in just two months. Other income, which includes gains on the more than 100 investments and digital assets in its portfolio, accounted…
“# NFT partnerships and protocol integrations boost Tezos, WAX and Aleph.im ” The roller coaster ride that is the cryptocurrency market continued its volatile ways on Dec. 8 as Bitcoin (BTC) price briefly slipped below the $49,000 level. Despite the setback, there are still clear signs that crypto mass adoption is taking place, a prime example…
“# Ubisoft launches Ubisoft Quartz platform for playable and energy-efficient NFTs ” French video game publisher Ubisoft announced its first foray into nonfungible tokens (NFTs) via a new platform called Ubisoft Quartz to launch in beta this week with Ghost Recon Breakpoint for PC players on Ubisoft Connect. Introducing Ubisoft Quartz We’re bringing the first…
“# Exchange listings and mainnet launch boost SUPER, PBR and BTT price ” The cryptocurrency market is back in high spirits on Dec. 7 after the wider market bounced back from the Dec. 3 downturn in Bitcoin (BTC) price. Currently, bulls are aiming to send the price of BTC above the $52,000 support/resistance level and Ether (ETH)…
“# 3 reasons why Tezos (XTZ) price broke its downtrend with a 50% rally ” 2021 has been a breakout year for the cryptocurrency market and aside from Bitcoin price soaring to new highs, the emergence of a vast decentralized finance (DeFi) ecosystem and the rising popularity of nonfungible tokens (NFTs) has thrust blockchain technology…
“# DraftKings Marketplace plans to launch gamified NFT collection next NFL season ” The National Football League Players Association, or NFLPA, in collaboration with sports betting operator DraftKings Inc., announced the launch of a gamified nonfungible token, or NFT, collection to drop on DraftKings Marketplace during the 2022–2023 NFL season. Starting next year, fans will…