“We are thrilled to partner with Mythical Games on a blockchain-enabled game that delivers new play-to-own NFT capabilities, creating a new adventure for fans who love to play football games,” Joe Ruggiero, senior vice president of consumer products at the NFL, said in a statement. “The interest in NFTs and video gaming amongst current and prospective fans continues to grow.” Source
On day four of the World Economic Forum 2022, presentations on nonfungible tokens (NFTs) have taken place with speakers sharing their takes on NFT use cases and adoption. At the Blockchain Hub Davos, speakers Veritic CEO Stephan Holzer and Seal Storage Technology CEO Alex Altman spoke on the importance of NFTs, their role in society, and how the community can attract the mainstream into using the technology. In his lecture, Holzer argued that simplifying access to NFTs may push mainstream adoption forward. According to the Veritic CEO, minting in more…
We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional returns on your investment. NFTs have become even more attractive due to this development. More and more people are looking for new ways to make money without having to work for it. Passive income used to be something wealthy people could get through the bank because the interest rates on…
“ApeCoin would be fantastic as an Avalanche subnet, and benefit from the superior performance of its dedicated chain on the fastest consensus protocol,” Emin Gün Sirer, founder of Avalanche developer Ava Labs, said on Twitter citing the proposal. Source
Volt Capital was one of the original contributors to crypto accelerator program DeFi Alliance; it launched a $10 million investment fund in April 2021. Backers for the new fund include Andreessen Horowitz (a16z) General Partners Marc Andreessen and Chris Dixon, angel investor Elad Gil, Union Square Ventures Managing Partner Albert Wenger, global investment firm Tiger Global and European hedge fund manager Brevan Howard. Source
The Global Blockchain Business Council (GBBC) and Global Digital Finance (GDF) – the major industry associations for blockchain technology and adoption of digital assets – are to merge, creating a single association of nearly 500 institutional members. Source link
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Bitcoin (BTC) has fallen by over 67% in 2022 and is now wobbling between a tight trading range defined by $28,000 as interim support and $30,500 as interim resistance. The selloff appears in the wake of the Federal Reserve’s hawkish policy and the uncertainties in the crypto market led by Terra, an algorithmic stablecoin project whose native token LUNA fell by 99% earlier in the month. Nonetheless, Bitcoin’s decline has somewhat cooled down as May draws to a close, leaving speculators with the hope that the token is in the…
The firm, which provides crypto financial services to institutional investors, is valued at $2 billion. Source