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“# 3LAU introduces blockchain music platform Royal with $16M raise ” Electronic dance music producer and DJ Justin Blau, better known by his stage name 3LAU, has officially announced the launch of a blockchain-based music investment platform Royal. The announcement comes in conjunction with the platform raising $16 million in a seed funding round led…
“# Capturing lost intellectual property revenues with blockchain ” The transition to a more digitalized society based on an information economy has created intense pressure for companies to rethink their intellectual property (IP) management. Intangible assets can represent more than 80% of the value in a firm’s balance sheet, and intellectual property in the United…
“# Microsoft wins US patent for ‘ledger-independent token service’ ” American tech giant Microsoft has won a blockchain-related patent for techniques for implementing a cross-chain token management system. The United States Patent and Trademark Office (USPTO), the agency granted the patent to Microsoft’s subsidiary Microsoft Technology Licensing on Aug. 24. Filed in February 2019, the…
“# Swiss B2B bank InCore launches new tokenization tool using Tezos ” Deutsche Boerse-backed digital asset firm Crypto Finance AG and Swiss business-to-business (B2B) transaction bank InCore are launching a new tokenization tool based on the Tezos blockchain. InCore Bank officially announced Tuesday a new collaboration with Crypto Finance AG and Swiss IT consulting firm…
“# Facebook’s David Marcus calls for “fair shot” at crypto payments ” In a newly published Medium piece titled “Good stablecoins, a protocol for money, and digital wallets: the formula to fix our broken payment system”, Facebook’s crypto pioneer David Marcus shared his views on topics of economic inequality, regulatory challenges and Novi’s proposed stablecoin…
“# Nifty News: John Cena collectibles, rum tokens, SuperRare 2.0, and more… ” World Wrestling Entertainment (WWE) announced on Aug. 16 that it will be dropping nonfungible tokens (NFTs) depicting WWE Hall of Famer John Cena. Last week the beloved wrestling organization dropped its first NFT collection featuring The Undertaker, with the highest-selling NFT going…
“# Team officially re-establishes Dogecoin Foundation after 6 years ” After several years of nearly total media silence, the Dogecoin Foundation is coming back to support core developers and projects benefiting the meme-based cryptocurrency. In a Tuesday announcement, the Dogecoin Foundation said it would be re-establishing itself in an effort to support the Dogecoin (DOGE)…
“# Balancer’s new MetaStable Pools seek to facilitate wrapped asset swaps ” AMM DeFi protocol Balancer announced Monday that it had partnered with DAO-based staking platform Lido to introduce a MetaStable Pool incentive program. MetaStable Pools are liquidity pools specifically designed to work with highly correlated (but not hard-pegged) tokens, like wrapped assets. Users will…
“# Polygon acquires Hermez Network for $250M, will merge native tokens ” Layer-two protocol Polygon will be merging ZK-rollup project Hermez Network into its ecosystem for $250 million worth of MATIC tokens. In a Friday announcement, Polygon said Hermez would become a part of the network’s suite of solutions under the name Polygon Hermez. The…
“# Tokenized real estate market could hit $1.4T despite a slow start, report claims ” Tokenized property remains niche largely due to its relative novelty and remaining regulatory uncertainties. Yet a new report has noted that even if just 0.5% of the total global property market were to be tokenized in the next five years,…