Tag: Solana

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Solana NFT Layer Metaplex Raises $46M

“We believe the metaverse will be open, censorship-resistant and globally accessible,” Sergey Vasylchuk, director of the Metaplex Foundation, said in a press release. “In this metaverse, Metaplex will serve as a common protocol and NFT standard to empower the next wave of decentralized commerce, social and gaming experiences.” Source

Metaverse Avenue, The Solana Based Marketing Platform Set To Transform A Billion Dollar Industry

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Digital assets have experienced a boom in the past years with new trends, such as DeFi, NFTs, and digital property, supporting a new wave of adoption led by institutional demand. These players have embraced the technology upon which they are planning to build the internet of the future, the Metaverse. In the coming years, as younger generations inherited wealth and power, every financial and business sector will need to have a presence in the Metaverse. Thus, understating the benefits and opportunities earlier could reward projects and investors that develop a…

Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana

Burnt Finance, a protocol built on Solana, has raised $8 million in a funding round led by Animoca Brands. It also launched its non-fungible token (NFT) platform. The capital will go toward adding staff and exploring partnerships with artists and other Solana-based projects. Burnt Finance, known for burning a piece of artwork from street artist Banksy before selling a digitized version as an NFT, also said it has launched its NFT marketplace, which will feature auctions and allows users to mint and sell digital assets. Other investors in the round…

Boxing Legend Mike Tyson Says He’s ‘All in’ on Solana Crypto — Asks Fans How High SOL Will Go – Altcoins Bitcoin News

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Boxing legend Mike Tyson, aka “Iron Mike,” says he is “all in on solana.” He is now asking his Twitter followers how high the price of the cryptocurrency SOL will go. Mike Tyson Asks How High the Price of Solana Will Go Mike Tyson, one of the greatest heavyweight boxers of all time, has been active in the crypto space. After announcing last week that he is “all in” on the cryptocurrency solana (SOL), he is now asking his 5.7 million Twitter followers how high they think the price of…

Bank of America Says Solana Could Take Market Share From Ethereum, Become the ‘Visa of the Digital Asset Ecosystem’ – Altcoins Bitcoin News

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Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.” Bank of America on Crypto, Ethereum, and Solana Bank of America (BOFA) analyst Alkesh Shah published a research note on cryptocurrency this week arguing that Solana could take market share away from Ethereum. The Bank of America analyst described that Solana “produces a blockchain optimized for consumer use cases by prioritizing…

Revolutionizing the NFTs on the Solana Blockchain

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One of the most anticipated NFT projects has finally reached its scheduled launch date. With 6,000 disguises inspired by favorite Halloween costumes, movies, and characters, Ernest In Disguise released the annual Halloween collection on the 28th of November. Bear in mind, these disguises are all one-of-a-kind, with the rarest being based on some of the most well-known Halloween figures like Chucky, Jason, Venom, and others. So what’s Ernest all about? It’s all about an extraterrestrial from the Cryzal Galaxy who discovered love and connection during his explorations on Earth and…

Solana Could Flip Ethereum To Become “Visa Of Crypto,” New Study By Bank Of America Shows

New research from Bank of America Reveals Solana might become the “Visa of the digital asset ecosystem.” Because of its focus on scalability, ease of use, and low transaction costs, the bank stated the Solana blockchain may very well become the equivalent of Visa for the world of cryptocurrencies and NFTs in a research report to its clients after hosting the Solana Foundation’s member Lily Liu. Solana High Throughput Is It Merit In a Tuesday research note, Bank of America digital asset strategist Alkesh Shah said that Ethereum competitor Solana…

Mike Tyson loves Solana, Aoki stops show to flaunt NFT, Apple and the ‘AR Verse’

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Mike Tyson is living the $DREAM Boxing icon Mike Tyson has stepped into the ring this week, after he shared his enthusiasm for Solana and unveiled a partnership with mental health-focused crypto project TheDreamChain ($DREAM). In the first round, Tyson — who previously launched an NFT project on Ethereum via OpenSea last year — tweeted on Jan. 13 that he was a born-again Solana (SOL) proponent while sharing a screenshot of a new NFT he’d snapped up from the Catalina Whale Mixer project. The Solana-based Catalina Whale Mixer NFTs currently…