Tagged: non-fungible tokens

Play-to-Earn Initiative Good Games Guild Finalizes $1.7M Round

Good Games Guild, the Play-to-Earn game hub, has completes its seed round, which was valued at $1.7 million, and includes investments from a list of well-known investors. As mentioned in an update shared with CI, NGC has led the investment round along with contributions from… Read More

Layer-2 Oracle Solution Umbrella Network Launches on Polygon

Umbrella Network , a decentralized Layer-2 oracle solution, has announced its launch on Polygon. At the time of launch, more than 2000 data pairs will be made available “across the ecosystem, including price data from cryptocurrencies, cryptocurrency options and derivatives, US equities, commodities markets, and… Read More

NFT Game, Guild of Guardians, Introduces New Crypto Token to Support Metaverse Economy

Guild of Guardians, a non-fungible token (NFT)-enabled mobile role-playing game (RPG) released by Immutable and created by Stepico Games, has shared details of an in-game currency token that has been “made available in an exclusive CoinList sale.” The token sale, which is issued and operated… Read More

NFTs: Nameless Secures $15M Seed Investment to Support Brands with Creating Non-Fungible Tokens

nameless, the developer of API software for the issuance, testing, and sale of non-fungible tokens (NFTs), has finalized a $15 million seed investment round that was led by Mechanism Capital, a key player in the crypto and blockchain investing space with “a focus on NFTs… Read More

XDEFI Wallet Unveils Utility Token $XDEFI, Prepares for IDO

XDEFI Wallet introduced its utility token $XDEFI, which is reportedly the latest token to be created by Delphi Digital ($AXS, $YGG, $PERP). The $XDEFI utility token will aim to support the larger XDEFI Wallet ecosystem including funding various decentralized finance (DeFi) and NFT projects. Token… Read More

Unique Network, an NFT Chain for Polkadot and Kusama, Acquires $11.3M in the Second Round of its Pre-Sale

Unique Network, a next-gen NFT chain for Polkadot and Kusama, announced that it has secured $11.3 million in the second round of its pre-sale, bringing its total raised to $16 million. The investment round has been led by Web3 investment pioneers Outlier Ventures, who were… Read More

Digital Asset Platform Rally Commits $12M to Third-Party Dev Ecosystem so Creators can Launch Crypto-Enabled Economies

Rally, a cryptocurrency platform for creators, announced that it is committing around $12 million in $RLY tokens from its “community-approved” budget to third-party developer grants in order to expand the functionality of social tokens and NFTs “purchased by fans from their favorite creators on the… Read More

Tim Glover: Co-Founder at Chronicle Discusses How Businesses Can Leverage NFTs

We recently caught up with Tim Glover, Co-founder of Chronicle, an NFT marketplace, and studio that is committed to delivering eco-friendly NFTs of popular brands’ collectibles to their fans. In this conversation, Tim explored the problems that Chronicle is aiming to solve in the nascent… Read More

MODA DAO, a Distributed Autonomous Organization, Secures $5M as It Gets Ready for Public Token Sale

MODA DAO, a decentralized autonomous organization (DAO) created to bridge the legacy music industry into the latest Web 3.0 entertainment world, announced that they’ve acquired $5 million via a private sale of their MODA token, with musicians Joel Zimmerman (deadmau5) and Richie Hawtin joining the… Read More

Ethereum Scaling Solution Polygon Teams Up with DraftKings to Support NFTs, Secondary Markets

Polygon, an Ethereum-powered scaling platform on-boarding consumers to Web 3.0, has announced a blockchain collaboration with DraftKings Marketplace, a digital collectibles ecosystem built by DraftKings (Nasdaq: DKNG) for “mainstream accessibility to support custom NFT drops along with secondary-market transactions.” This deal offers DraftKings Marketplace with… Read More

FLOW Trading And Staking Now Available to US Residents via CoinList

The team at CoinList notes that they’re pleased to confirm that beginning on October 16, 2021, FLOW trading and staking is available to US residents via CoinList, CoinList Pro, and the CoinList mobile app. FLOW is a proof-of-stake blockchain that rewards network participants for helping… Read More

Cryptocurrency focused Social Network Yup Secures $3.5M from Distributed Global, Dapper Labs

Yup, the Web 3.0 social platform that rewards curators, has confirmed that it has finalized a $3.5 million round that was led by Distributed Global, which is an early investor in crypto-focused Unicorns Dapper Labs, Audius and Solana. The proceeds from the investment round will… Read More

Stefany Rojas: Head of Business Development at Kahuna Explains Benefits of Using their Blockchain based Social Media Network

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

Security NFTs: Crypto Firm Opulous Helps Launch Republic Music, Allowing Listeners to Invest in Music they Love

Music Tape to Tape Reel

Republic, the financial services firm offering a full-stack investment crowdfunding platform, has introduced “Republic Music,”  which is described as a new type of investment product that aims to provide an innovative way to create, produce and share royalties acquired from music. The initiative has been… Read More

Ethereum Experiences Burst of New User Adoption in Q3 due to NFTs, Bitcoin Records Steady Gains: Report

The team at Coin Metrics, including researchers Nate Maddrey and Kyle Waters have released their State of the Network Q3 2021 wrap-up report. In the latest edition of the State of the Network report, the Coin Metrics team has taken a data-driven look at what… Read More

Encode Club and BitDAO Announce Partnership to Focus on Education and Accelerating Blockchain Talent

Encode Club and BitDAO have announced a long-term partnership in order to educate and “accelerate” blockchain talent. Using Encode’s expertise and talent network, the program will aim to be “one of the most significant educational initiatives in open finance and the decentralized economy.” As stated… Read More

NFTs: Digital Scarcity Is Being Redefined by Non-Fungible Tokens, Kraken Intelligence Reports

Non-fungible tokens (NFTs) are perhaps the “most exciting” development in crypto in 2021, according to the team at Kraken. The digital assets firm writes in a blog post that many people might believe the future of NFTs is “bright.” However, relatively few understand their true… Read More

Decentralized Launchpad Polkastarter Unveils Startup Incubator, Names WonderHero as its First Project

Decentralized launchpad Polkastarter has announced the first initiative to be “fully” incubated by its new investment division, Polkastarter Labs. WonderHero, a play-to-earn mobile (role-playing game) RPG game, will reportedly receive pre-IDO and post IDO support and mentorship “while gaining access to Polkastarter’s vast network for… Read More

NFTs: Matrixport Introduces Non-Fungible Token Custody Services via Partnership with BlockCreateArt Network

Matrixport, which claims to be Asia’s fastest-growing crypto-assets financial services platform, and MetaOpus, Non-Fungible Token (NFT) asset issuance and trading platform powered by BlockCreateArt (BCA) Network, have formed a partnership to provide NFT investors “best in class” custody solutions. As mentioned in an update shared… Read More

Tradeteq Teams Up with Singapore’s eXchange inFintite or XinFin to Provide Tokenized Trade Finance

Tradeteq has teamed up with Singapore-headquartered eXchange inFinite (XinFin) to provide tokenized trade finance products to institutional investors and has carried out its very first transaction. This is reportedly the first complete end-to-end transaction “following a unique set of regulatory guidelines and trade finance standards,”… Read More

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