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“# 300 ETH sale caps wild week for Axie Infinity ” While a rally in the latter half of the week saw major names across the decentralized finance (DeFi) ecosystem climb upwards of 100%, Axie Infinity — the Pokemon-inspired NFT game — carried the banner for the NFT space, capping off a wild week of…
“# Global law firm launches ‘high value asset’ token platform ‘TOKO’ ” TOKO, a new tokenization platform targeting ‘high-value assets’ has launched as a proof-of-concept by tokenizing a piece of fine art. The platform is a collaboration between international law firm DLA Piper — which operates in more than 40 countries — Aldersgate DLS and Hedera Hashgraph. Although…
“# Terra Virtua creates NFT collectibles ecosystem for the ComiCon crowd ” Digital collectibles platform Terra Virtua announced Nov. 4 that it had completed a $2.5 million private funding round, attracting support from funds such as Woodstock, NGC Ventures, and AU21 Capital. The investment raised will be used to further develop what the company describes…
“# Artist, gamer or property mogul? Follow the NFT road to find earnings ” Nonfungible tokens are not a new phenomenon in the crypto space, as the emergence of blockchain technology has provided a useful base layer to create a sprawling economy for digital collectibles. Amid the growing appetite for digital art, in-game utility tokens…
“# A new DeFi project could let smart contracts buy physical goods ” Boson Protocol, a project that seeks to connect the real world of physical commerce to smart contracts, has announced a successful $350,000 seed round on Monday. The project is creating the “building blocks for next-gen dCommerce apps” by providing a way to…
“# Gotta collect ’em all: An overview of NFT marketplaces ” Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to…
“# Awesome interactive NFT artwork shows effects of sponsoring kids ” A former baseball player has created a non-fungible token, time-sensitive artwork piece that allows crypto holders to donate Bitcoin to enable two African American boys to fulfill their dreams. According to a representative for the artist, former Tampa Bay Rays player Micah Johnson, marketplace…
“# Peer-to-peer NFT sales surge as average purchase price increases 7X ” Non-fungible tokens and digital collectibles have been selling like hotcakes over the past couple of months as volumes on peer-to-peer marketplaces surge. From NFTs representing NBA finals moments to crypto industry character cards, the total lifetime NFT volume on the Ethereum blockchain alone…
“# Zenit St. Petersburg are creating collectible blockchain cards of their players ” Zenit St. Petersburg — the top soccer club in Russia’s Premier League — has signed on to the Ethereum blockchain-based fantasy soccer game Sorare platform. As of Oct. 15, Zenit players will be released as collectible and tradeable digital cards as part…
“# NFT and crypto art can magnify the truth of our reality without censorship ” Earlier this month, Christie’s auction house announced the sale of a digital portrait of the Bitcoin code for more than $130,000 when the first estimated price was $12,000–$18,000. It was the first time a nonfungible token was auctioned at one…