The platform still operates in the “closed marketplace” genre of the NFT industry, seen as the more corporate counterpart to decentralized trading on marketplaces like OpenSea and Magic Eden. Closed marketplaces only allow for trading within their platform, not allowing users to transfer their collectibles to third-party wallets. Nevertheless, these types of partnerships have led to big payouts for their involved parties, with platforms like Autograph often netting hundreds of thousands of dollars with every new collection release. Source
Tag: Platform
The Metaverse is becoming a platform to unite fashion communities
A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar fashion industry has started taking a major interest in the Metaverse. While most luxury labels and brands remain focused on creating nonfungible tokens (NFTs) to replicate physical items, a handful of projects have started bringing their communities into the Metaverse. For example, on Sept. 5, Vogue Singapore launched a fashion-first Web3 community known…
How to choose an analytic platform for your DeFi dashboard
With the growing Total Locked Value (TVL) of DeFi, there are now more and more options for on-chain analytic platforms that provide DeFi data, all with the promise to generate insights for blockchain investment. However, transforming the raw data into meaningful insights without any tools poses an enormous challenge. That’s where DeFi dashboards come in. Most investors and analysts use data to build dashboards showing key indicators. When it comes to broader DeFi data (rather than just cryptocurrency trading, which has its own platforms like Glassnode), there are two types…
Luart Officially Rebrands to Arcnes as the Platform Looks to Be More Than Just an NFT Marketplace – Press release Bitcoin News
press release PRESS RELEASE. Luart has announced an official rebranding to Arcnes, a move that will better position the NFT platform to innovate and grow to its fullest potential, and this is because Arcnes is more than just a marketplace; it’s a tool for blockchain-based gaming and NFT projects. In addition, the platform will assist project founders in successfully launching and selling their in-game assets alongside an unparalleled user experience. What are Arcnes’ main features? Arcnes will serve as the multichain launchpad and marketplace for Web3-focused gaming and NFT projects.…
Ex-Citadel execs raise $50M for high-frequency crypto trading platform
Cryptocurrency startup Portofino Technologies has officially launched its high-frequency trading platform for digital assets, securing major funding from venture capital firms in the process. In launching its platform, Portofino disclosed that it had raised $50 million in equity funding from Valar Ventures, Global Founders Capital and Coatue. Although Portofino didn’t disclose how the funding will be used, the company has been active on the hiring front, having recruited over 35 employees across 5 global locations. Portofino was founded in 2021 by former Citadel Securities employees Alex Casimo and Leonard Lancia.…
Token Management Platform Magna Raises $15M Seed Round at $70M Valuation
“At Shima, we have hundreds of portfolio companies and several have tried to build token distribution mechanisms in-house to no avail,” said Yida Gao, general partner at Shima Capital. “These tools should exist as a primitive and require battle-tested smart contract code, extensive security audits, and a usable interface to get right.” Source
Chiliz, Owner of Blockchain Sports-Fan Platform Socios, Names Julian La Picque as CFO
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Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform – Featured Bitcoin News
Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said. Shareholders Want Elon Musk to Take Over Twitter Twitter Inc. (NYSE: TWTR) announced Tuesday that its stockholders have approved the previously announced $44 billion agreement for Tesla CEO Elon Musk to acquire the social media platform. “Based on a preliminary tabulation of the stockholder vote,” the announcement reads: Approximately 98.6%…
Crypto Auditing Platform Sherlock Raises $4M in Funding
Crypto protocol audits typically include two to three auditors scouring the code over a few weeks. Sherlock, which sells its solutions directly to protocols, starts with one or two senior auditors taking a brief look at the code. Sherlock then hosts an auditing competition where entrants are financially rewarded for finding vulnerabilities. The auditors come from a list of people that Sherlock has worked with before, but approved auditors will eventually include the top contest performers, explained Sanford. Source
Blockchain oracle network XY Labs’ shares start trading at SEC-registered platform
A blockchain firm founded in 2012 is making its shares available for trading on a blockchain-based alternative trading platform for capital markets. XY Labs, the blockchain company behind the XYO protocol, has announced that its Class A Common stock started trading on tZERO ATS, the alternative trading system subsidiary of the stock broker tZERO Group. According to the blockchain oracle data provider, this will be the first time that shareholders will be able to access XY Labs shares on a regulated trading venue. Arie Trouw, the CEO of XY Labs,…