Month: August 2021

Using NFT Marketplaces for Philanthropy

Many different potential use cases for non-fungible tokens (NFTs) have come to light in the last few years, including art, gaming, luxury ownership and collectibles. UniqueOne.Network (UON) has been exploring that since the launch of its marketplace Unique.One, which was created to give economic alternatives to artists around the world who have been affected by COVID-19 lockdowns. The founding team wanted to make sure that those artists played a primary role in the development of the platforms by seeking solutions to common issues in artistic fields such as censorship, copyright,…

Ether Poised for Biggest Monthly Price Gain Since April; Analysts Remain Bullish

Katie Stockton, the founder and managing partner of Fairlead Strategies, expects a breakout as intermediate and long-term trends are positive. “The rising 50-day (~10-week) MA, near $2,707 currently, has now become initial support for ether, but we think short-term overbought conditions may be absorbed without a pullback of that magnitude,” Stockton mentioned in the weekly research note published on Monday, referring to the moving average. Source

12 Year Old Boy Makes $400.000 dollars in ETH by Selling his NFT Owned Weird Whale Art – Blockchain News, Opinion, TV and Jobs

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Benyamin Ahmed’s digital Weird Whales went viral and sold like hotcakes after selling tokens of their ownership stored on the blockchain, also called Non Fungable Tokens (NFTs). So far he has made £290,000 ($400,000), in ETH. The young boy created a set of 3,350 whales in the style of a common whale meme seen in the video game Minecraft. A non-fungible token is a unit of data stored on a digital ledger, also called a blockchain, that certifies that a certain digital asset is unique and therefore cannot be interchangeable.…

Meet the 23-Year-Old Behind Tom Brady’s NFT Play

It’s no surprise Tom Brady would get a lot of attention for his new non-fungible token (NFT) company. The six-time Super Bowl wner is an American superstar and his off-field venture, Autograph, is thrivg. But Autograph is not just the Tampa Bay Buccaneers quarterback’s dog. Behd it stands 23-year-old Dillon Rosenblatt. The son of entrepreneur Richard Rosenblatt, Dillon Rosenblatt came to his own entrepreneurship early. He got a first-class education at the prestigious USC Iove and Young Academy, a school for young entrepreneurs. At age 15, Rosenblatt created his first…

Why Are Digital Assets Different?

Digital assets, cryptocurrency, decentralized finance (DeFi), non-fungible tokens (NFTs) – they have all been the subject of intense media hype. No doubt you’ve heard of at least a few people who have become wealthy through their investment in digital assets, as well as a few who have lost all or part of their investment. What started with bitcoin has ballooned into a huge array of digital assets, which come with their own technologies, lexicon, risks and loyal followings. Now, you likely have clients who are asking about the possibility of…

Statement on DCMS announcement of next Information Commissioner

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The Department for Culture, Media and Sport has today announced that John Edwards is the Government’s preferred nominee to be the next Information Commissioner. John Edwards would succeed the current Commissioner Elizabeth Denham. The appointment is subject to approval by the Digital, Culture, Media and Sport Select Committee, followed by approval by HM the Queen. The announcement also sets out the government’s intention to consult on reforms to the UK’s future data regime, and gives detail of the countries the UK will prioritise striking data adequacy partnerships with. Elizabeth Denham…

Fox Leads Investment in Blockchain Tech Firm Eluvio

Entertainment giant Fox has made a strategic investment in Berkeley, Calif.-based Eluvio to “accelerate the adoption of Eluvio’s blockchain/NFT platform” across the entertainment industry. Terms of the deal were not disclosed, but Fox said its investment marks the completion of Eluvio’s Series A round that values the company at $100 million. Eluvio Content Fabric is a blockchain network “for owner-controlled storage, distribution, and monetization of digital content at scale,” the companies said in a press release. As part of the deal, Eluvio, which was started in 2019, will provide the…

Some Filipino Merchants Prefer Payment in Axie’s SLP

Inside SM Aura, one of Metro Manila’s many sprawling shopping malls, you’ll find a wonderfully whimsical “co-baking” space called Bakebe. Pronounced Bake-be, the idea is borrowed from a concept store in Hong Kong that uses an app to teach guests how to bake the cake of their dreams. Upon arrival, you’re greeted by a gaggle of electric mixers straight out of Barbie’s Dreamhouse, and pink-frosting walls lined with big glass jars, each brimming with edible treasures: chocolate buttons, rainbow sprinkles, mini meringues, cookie crumbles and more. And now, to top…

BTX: CoinDesk’s Basic Attention Token Price Index

The CoinDesk Basic Attention Token Price Index (BTX) is the world’s leading reference for the price of the basic attention token (BAT), used by the largest institutions that are active in the crypto market. Asset allocators, asset managers, market participants and exchanges all rely on the BTX to provide a real-time, USD-equivalent spot rate for the basic attention token. The BTX is one of a suite of single- and multi-asset indices offered by CoinDesk.* !function(){“use strict”;window.addEventListener(“message”,(function(a){if(void 0!==a.data[“datawrapper-height”])for(var e in a.data[“datawrapper-height”]){var t=document.getElementById(“datawrapper-chart-“+e)||document.querySelector(“iframe[src*=’”+e+”‘]”);t&&(t.style.height=a.data[“datawrapper-height”][e]+”px”)}}))}(); Index licensing To inquire about real-time feeds, historical data…