A New NFT Grouping Is Born: Minorities Promoting Their Cultures Source
A New NFT Grouping Is Born: Minorities Promoting Their Cultures
Tag: NFT
Papa John's Plans NFT Drop Despite Prior Warning From UK Advertising Regulator
Pizza takeaway chain Papa John’s is giving away nearly 20,000 non-fungible tokens (NFTs) to customers in the U.K. shrugging off a previous warning from the advertising regulator about its dalliances in the crypto world. Source
Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion – Finance Bitcoin News
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster Gaming Studio On Monday, the blockchain company Immutable revealed it raised $200 million from investors in a Series C funding round. The financing was led by Temasek alongside other participants including Tencent, Animoca Brands, Mirae…
Women of Crypto sells entire NFT collection on the first day – Blockchain News, Opinion, TV and Jobs
Women of Crypto (WOC) founder, Amy Matsushima, has announced that all 8888 female avatar non-fungible tokens (NFTs) have sold out on the first day of sale. Women of Crypto is a first of its kind, 3D avatar NFT collection of 8888 women with 111 unique physical traits, characteristics, accessories, and backgrounds. All were sold on the day of release, February 3rd, 2022. “On the day of the launch, we were getting 50,000 clicks a minute,” Matsushima said. “It actually crashed the website. Even so, they all sold, and we received…
DraftKings Becomes Polygon Validator After NFT Marketplace Clocks $44M in Sales
“Participating in validation supports DraftKings’ broader strategy of building out a robust, sustainable, trustworthy and decentralized infrastructure to help future-proof aspects of our business in the Web 3 era,” Paul Liberman, the company’s global tech and product president, said in a statement. Source
NFT Platform Immutable Raises $200M at $2.5B Valuation
Non-fungible token (NFT)-scaling platform Immutable has raised $200 million in a Series C funding round that was led by Singapore state investment fund Temasek at a $2.5 billion valuation, according to a press release provided to CoinDesk. The funds will be used toward global expansion, including boosting Immutable Gaming Studio and merger-and-acquisitions activity. Source
NFT Infrastructure Provider Rarify Gets $10 Million Investment in Series A Funding Round Led by Pantera Capital – Bitcoin News
Rarify, a startup that helps third parties include NFT elements in their tech platforms, has raised $10 million in its Series A funding round. The round was led by Pantera Capital, a leading cryptocurrency-based venture capital firm. The company has now reached a reported valuation of $100 billion amidst the rise in popularity NFTs are experiencing in different fields including gaming and metaverse applications. Rarify Raises $10 Million, Plans Expansion Rarify, a company that deals with producing infrastructure for third parties to integrate NFT services, has raised $10…
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge – Markets and Prices Bitcoin News
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum network spiked by 97.53% this week. NFT Interest and Sales Nosedive According to Google Trends (GT) data, interest in NFTs has dive-bombed, as the search query for the term “NFT” slid from a score of 100 on GT during the first month of 2022,…
Opensea phishing scandal reveals a security need across the NFT landscape
Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and shakers including the likes of Coca-Cola, Adidas, the New York Stock Exchange (NYSE) and McDonalds, among many others, have made their way into the burgeoning Metaverse ecosystem in recent months. Also, owing to the fact that over the course of 2021 alone, global NFT sales topped out at $40 billion, many analysts…
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