NFT
Venture Round Led by a16z Makes OpenSea Latest NFT Unicorn
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,…
Digital or Physical? Damien Hirst’s New NFT Project Gives Buyers A Choice
Damien Hirst, still the enfant terrible of the UK art scene and reportedly the nation’s richest living artist, is about to add to his fortune with a $20M NFT drop. His project, called The Currency, is a collection of 10,000 NFTs, which correspond to 10,000 unique paintings of spots created by the artist in 2016.…
EXCLUSIVE: Ethereum Documentary to Sell NFTs to Fully Finance Production
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…
Cartoon Porn and Rugs: NFTs Get Nasty
What are CryptoPunks packing down there? That’s what one new limited-run avatar NFT project, CryptoJunks, is sharing with the Internet. The CryptoJunks project uses the head and shoulders art of CryptoPunks to create matching genitalia. There’s tentacle penises, peeing pee-pees, regular ole schlongs; pink, coiffed lady parts, peach punani and sadist snatches, where the hand…
The Sushi Community Is Cooking Up An NFT Platform
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…
Even Presidents are Getting NFTs
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,…
Insane Money and a Hype-Drunk Market: Are NFTs the New ICOs?
“If you have seven figures in JPEGs…” Deeze doesn’t have to finish the thought as he scrolls through his gallery of NFTs. The 27-year-old collector doesn’t have his camera on, but his profile photo is an NFT avatar with a hoodie and 3D glasses blowing bubbles from a pipe. It’s an aesthetic he searches for across…
Twitter Drops 140 Free NFTs on Rarible
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…
NFTX Aims to Spike Liquidity with New Release
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…
