Tagged: non-fungible tokens

Enterprise Grade Blockchain IOST Partners Moonstake to Support Crypto Staking of IOST Coin

IOST has teamed up with Moonstake in order to support staking functionality for IOST coin on Moonstake wallets. Moonstake began offering services in the staking business in 2020 with the goal to develop the biggest staking network in Asia. Since that time, Moonstake claims it… Read More

Blockchain based Security Management Platform Equa Raises $2.5 Million, Purchases Bitcoin, Adds NFT Service

Equa has received $2.5 million in funding in a private offering. Simultaneously, Equa said it will be purchasing Bitcoin which will go into Bitcoin treasury and corporate treasury tools. According to the company, Bitcoin-backed promissory notes will be issued at two separate interest rates depending… Read More

Uniswap Version 3.0 Now Successfully Deployed on Ethereum (ETH) Mainnet

The team at Uniswap, a leading non-custodial Ethereum token exchange, revealed on May 5, 2021, that Uniswap version 3.0 has now been launched on the Ethereum (ETH) mainnet. All “relevant contract addresses” are found here. As mentioned in an update from the Uniswap developers: “Uniswap… Read More

EBay Looking into NFTs, May Accept Crypto Payments

EBay (NASDAQ:EBAY) CEO Jamie Iannone indicated his company is investigating the offering of non-fungible tokens or NFTs as it looks to support new categories. In an interview on CNBC today, Iannone had this to say about the potential for NFTs: “We are looking at it… Read More

NFTs: VeChain Foundation Announces $1 Million Grant Program for VeChain eNFT Ecosystem

The team at the VeChain Foundation, which is focused on supporting VeChain, a leading blockchain platform for supply chain management and various other use-cases, has announced a $1 million Grant Program for the VeChain eNFT Ecosystem. As mentioned in a blog post, it’s been “the… Read More

Sellers Beware: Can NFTs Be Regulated Securities?

The sudden prevalence of Non-Fungible Tokens has raised important legal considerations for issuers and purchasers alike. While intellectual property rights remain essential, securities laws should not be overlooked. Non-Fungible Tokens, or “NFTs”, are digital assets with unique identifying characteristics that distinguish one from another.  Unlike… Read More

Binance to Launch NFT Market in June

Zhao Changpeng

Binance, the world’s largest crypto exchange, announced a forthcoming NFT market to launch this coming June. NFTs or non-fungible tokens have boomed in recent months. While in existence for years, the advent of the sale of a work of digital art by Beeple for over… Read More

Digital Asset Custody Is Extremely Important Problem to Solve, According to Blaine Malone, Engineer at Gemini

Blaine Malone, Senior Security Engineer at digital asset firm Kraken, notes that he joined Gemini in March 2020 when New York had closed due to the COVID-19 outbreak. Malone adds that luckily, he got the chance to spend a day in the office, however, he’s… Read More

Nitin Gaur, Director of IBM Digital Asset Labs, Says NFTs are Natural Progression in “Explosion” of Asset Tokenization

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

RedBlock Teams Up with NFT Bazaar to Promote Development of Non-Fungible Token Space

RedBlock and NFT Bazaar have announced a strategic partnership in an “embrace” of the fast-evolving NFT industry. As noted in a blog post by RedBlock: “We are very pleased to announce that RedBlock and NFT Bazaar have officially entered into a strategic partnership, leveraging our… Read More

Are NFTs Securities? OMG!

On March 11th, Beeple became the third highest-paid living artist with a $69M sale of one of his works as an NFT, a non-fungible token on the blockchain. This sale is one of many at the front of NFTs, blockchain’s latest hype machine of digital… Read More

Sotheby’s First NFTs Sold on Nifty Supported by Seward & Kissel

Sotheby’s first NFT [non-fungible token] sale completed yesterday.  The digital artist known as Pak sold multiple NFTs for almost $17 million. Hosted on Gemini’s Nifty Gateway, the sale allowed collectors to bid on NFTs for limited-edition artworks in “The Fungible Collection” and open edition artworks… Read More

Blockchain Startup Arweave, a Permanent Storage Solution Provider, Reports Handling Over 1 Million Transactions in March 2021

Arweave, which aims to offer a “novel” data storage blockchain protocol enabling “a permanent serverless web and creating truly permanent data storage for the first time,” has released its Q1 2021 Ecosystem Update, titled, NFTs, The Guardian, a new web wallet, new gateway (& much… Read More

Time Magazine to Hold Bitcoin on Balance Sheet in Partnership with Grayscale

Time Magazine will hold Bitcoin on its balance sheet and perhaps pay some people in BTC in a new partnership with Grayscale. This is according to a tweet by Michael Sonneshein, CEO of Grayscale.   Thrilled @Grayscale is partnering w/ @TIME on a new video… Read More

The “Second Coming” of NFTs Will be “Even More Successful” According to Blockchain Dev Inal Kardanov

Inal Kardanov, Co-founder and CTO of Billy, notes in a blog post published by the Waves Protocol developers that NFTs’ “second coming” is set to be even “more successful.” Kardanov, a software engineer focused on blockchain, AI, and machine learning, writes in a blog post… Read More

Mark Cuban and ConsenSys CEO Joseph Lubin Backed Nifty’s Appoints Olta Andoni, as NFT Legal Expert

Billionaire Mark Cuban-backed Nifty’s has reportedly hired Olta Andoni, an NFT copyright legal expert as its new Chief Legal Officer. Andoni will notably be the first CLO of the nascent non-fungible token or NFT-focused social media platform. Nifty’s is a fairly new online network for… Read More

NFT Art: Your Top 40 Legal Questions Answered

Non-fungible tokens (NFTs) were minted and sold under the radar until a relatively obscure artist sold an NFT for an immense sum. That seminal event invigorated interest in NFTs by artists, sales platforms, and collectors. In this column, we undertake to identify and answer, in… Read More

Waiting for Crowdfunding Boom 3.0

It seems hard to believe, especially after a decade where it dominated new finance, but equity crowdfunding is still just in its infancy. Originally coined by entrepreneur Michael Sullivan in 2006, the true modern crowdfunding boom kicked off at the start of the previous decade… Read More

Digital Assets Firm Kraken Explains Why Blockchain based NFTs are a Revolutionary New Licensing Technology

  The team at digital assets firm Kraken notes that humans have “always loved making and displaying art.” The US-based crypto exchange provider reveals that deep within a cave in Spain, there’s a Neanderthal hand stencil that scientists “have radiocarbon dated to 64,000 years –… Read More

Ethereum Development Studio ConsenSys, HENI Group, Heyday Films Launch Palm NFT Studio, an Innovation Lab for Digital Artists

ConsenSys, HENI Group, and Heyday Films launched Palm NFT Studio on March 30, 2021. It’s described as an “innovation” lab that’s been set up to “collaborate with artists, marketplaces, and rights holders to bring projects and platforms into the Palm ecosystem.” As mentioned in a… Read More

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