Tag: NFT

NFT fashion hits the runway as designers launch in the Metaverse

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The rise of the Metaverse has resulted in an entirely new digital economy, one defined by virtual experiences and interactions. In turn, metaverse ecosystems consisting of avatars are also emerging, allowing individuals to express themselves through digital customizable 3D characters. This idea was recently broadcasted to the mainstream when Facebook’s parent company, Meta, introduced a series of inclusive avatars.  While the Metaverse may sound futuristic, recent findings from technology research and consulting company Gartner predict that 25% of people will have spent at least one hour per day in the Metaverse…

Women’s Day in the Metaverse, Potion Unlock NFT auction, and Papa John’s brand new bag

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NFT platform HeyLayer has partnered with the Stacks Foundation to host an event in the vSpace Metaverse to celebrate International Women’s Day. The ‘HerNFT’ event will feature the work of more than 30 women nonfungible token (NFT) artists, including Goldy Succi, Mother Pop, Kaylee Hawley, and others. Their work on the Stacks blockchain will be on display in a virtual gallery curated specifically for this event which starts on March 8. Participants in the event will be able to purchase NFTs on the HeyLayer Marketplace. 2.5% of sales from the…

Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion – Finance Bitcoin News

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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…

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

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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…