Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.” Source
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
Tag: NFT
Moonbirds Partners with Spotify to Enable NFT Music Unlocks
The integration of Spotify with NFT projects including Moonbirds has helped its stock rally more than 80 percent YTD. The Moonbirds (MOONBIRD), an Ethereum ERC-721 NFT token with a total supply of 10k units, has announced a strategic partnership with Spotify Technology S.A (NYSE: SPOT) to enable the NFT holders to unlock certain music creations on the online platform. According to the announcement, Moonbirds holders in the United States, the United Kingdom, and Australia, another few selected geographic regions can access Moonbirds playlist dubbed Sounds of a Digital Renaissance on…
Milady NFT Floor Price and Milady Meme Coin Surges after Tweet by Elon Musk
With a market capitalization of approximately $126 million, the Milady Meme Coin saw its trading volume rally above $199 million. Tech billionaire and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk, has once again proved his influence in the meme coin industry through a tweet of Milady NFT. As a result, the price value of Milady-related tokens skyrocketed in the past 24 hours with increased demand demonstrated by a sharp uptick in traded volume. For instance, the floor price of Milady NFTs jumped to a high of about 7.8 ETH from…
Milady NFT floor price surges after Elon Musk tweet
On May 10, American business magnate Elon Musk tweeted a meme created using imagery from the Milady nonfungible tokens (NFT) collection. Shortly thereafter, the floor price of Milady NFTs spiked from 3.8 Ether (ETH) to as high as 7.3 ETH before falling to 5.69 ETH apiece at the time of publication. pic.twitter.com/4s6HwnCY74 — Elon Musk (@elonmusk) May 10, 2023 Created in 2021 by digital arts collective Remilia, Milady is a collection of 10,000 anime profile picture NFTs “inspired by street style tribes.“ Artist Charlotte Fang founded the Remilia decentralized autonomous…
Shira Lazar and Deepak Chopra Release NFT Collection
Minting a JOMO Effect NFT donates primary sale profits to five mental health charities, including the American Foundation or Suicide Prevention. Collectors can also participate in Chopra’s Soul of Leadership course, access to Peace Inside Live’s meditations and mindfulness materials, claim a 30% discount for an Unstoppable Domain, and more. Source
Milady NFT Floor Price Soars on OpenSea after Twitter CEO Elon Musk Tweet
Twitter CEO Elon Musk on Wednesday delighted fans of the counterculture non-fungible token (NFT) collection Miladys, when he shared a meme containing the instantly recognizable image of one of the avatar NFTs overlaid with the words, “There is no meme, I love you.” Source
BNB NFT marketplace Tabi raises $10M in angel funding
Tabi, the nonfungible token marketplace previously as Treasureland, has completed a $10 million angel funding round, the BNB Chain-based platform announced on May 10. The funding was seeded by venture capital firms Animoca Brands, Binance Labs, Draper Dragon, Hashkey Capital, Infinity Crypto Ventures and Youbi Capital. Individual investors include Bo Feng of Dragonfly Capital, Riyad AD of Saudi Arabia, and Suji Yan of Mask Network. According to developers, the funds will be primarily used to develop Tabi’s gaming ecosystem and construct its upcoming on-chain identity protocol. Aside from its NFT…
Binance Unveils Plans to List Bitcoin Ordinals on Its NFT Marketplace
Binance has been aggressively growing its NFT marketplace in a variety of ways in order to become a top platform for buying, selling, and trading NFTs. Binance, the world’s largest crypto exchange has expressed interest in adding Bitcoin Ordinals to its Non-Fungible Token (NFT) marketplace by the end of May. According to the announcement, Binance will also offer royalty support and additional revenue-generating opportunities for Bitcoin NFT creators. Bitcoin Ordinals are becoming popular and unique in the NFT ecosystem thus fueling the push by Binance to add it to its…
NFT Project Pudgy Penguins Raises $9M
“We are thrilled to be able to continue the strong momentum we’ve built over the last year, even in a bear market,” said Pudgy Penguins head of investor relations Vi Powils in the press release. “Today’s milestone is a testament to the vision of our strategic partners, who recognized that Pudgy Penguins is not only a Web3 brand for crypto-natives, but also an accessible IP for everyday consumers around the world, as well as our incredibly talented team.” Source
Bitcoin ordinals hit Binance NFT Marketplace in latest update
Bitcoin ordinals — also known as Bitcoin NFTs — have made their way into the limelight of the Web3 space, as more marketplaces continue to adopt and offer digital assets. On May 9, the cryptocurrency exchange Binance announced that it will support Bitcoin ordinals on its NFT marketplace in late May. The development will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Previously the Binance NFT market integrated with other decentralized networks, including BNB Chain, Ethereum and Polygon. Mayur Kamat, the head of product at Binance, commented on broadening…