Immutable X, an NFT-focused layer 2 solution on Ethereum from the team behind the NFT trading card game Gods Unchained, has unveiled its native token, $IMX. Since launching its Alpha version in April the Immutable X protocol has facilitated over 250K NFT trades. It offers gas-free NFT minting, trading, and collecting. The $IMX token will…

The NFT marketplace OpenSea has reached a $1.5B valuation after a $100M Series B funding round led by a16z. This makes OpenSea the newest NFT-based unicorn, or a privately held startup company valued over $1B. A16z also led OpenSea’s $23M Series A round in March. This year, the venture giant also invested in Dapper Labs,…

When it came time to raise cash for Ethereum: The Infinite Garden, the first feature-length documentary about the world’s most active blockchain network, the producers had a logical choice: Ethereum tokens. The team will seek to raise at least $1.5M, with a stretch goal of up to $3M, by selling $INFINITE tokens via Mirror, a…

SushiSwap will likely add an NFT platform soon.  The decentralized exchange for swapping Ethereum-based tokens has been branching out into a one-stop shop for DeFi, with spin-off protocols for lending (Kashi), dapp usage (BentoBox), and yield farming (Onsen).  Now with Shoyu, NFTs are being added to the mix. The platform was proposed to the Sushi…

First it was the art auction houses, then professional sports leagues, followed by media stalwarts such as the Associated Press. Now the president of Israel is the latest denizen of the mainstream world to embrace that most exotic creation of the crypto space — the NFT. Or more precisely, to be awarded one. On Wednesday,…

Twitter is on Rarible. Yes, the gigantic social media platform. That Twitter.  On June 30, the official Twitter account tweeted that it was giving away 140 free NFTs based on the platform’s aesthetic, brand and memes. These one-of-twenty edition NFTs included a furry Twitter bird, an overflowing bottle of blue Twitter vitamins, and a Twitter…

The second version of NFTX  is designed to refine one of the core needs in the NFT market — liquidity.  NFTX has long served as a liquidity hub for people who want to buy and sell the cheapest NFTs from any given collection (ie: the lowest-value Cryptopunks).  Zombie Punks Now the V2 will simplify NFTX’s…

NFTX is a platform for making ERC20 tokens that are backed by NFT collectibles. These tokens are called funds, and (like all ERC20s) they are fungible and composable. With NFTX, it is possible to create and trade funds based on your favorite collectibles such as CryptoPunks, Axies, CryptoKitties, and Avastars, right from a DEX like…

Here comes Hollywood.  In the latest sign that global media groups are embracing NFTs, Disney’s Fox Entertainment is launching a $100M creator fund to produce new offerings on blockchain platforms and NFT-related content, the company announced this week. Dubbed Blockchain Creative Labs, the Los Angeles-based venture is a partnership between Fox Entertainment and its in-house…

The source code for the World Wide Web is being turned into an NFT.  Created by World Wide Web inventor Sir Tim Berners-Lee, the NFT is composed of four elements: the time-stamped files containing the source code, a moving visualization of the code, a letter written by Berners-Lee reflecting on the code’s creation, and a…