NFT
Rarible Raises $1.75M to Become the “Uniswap for NFTs”
Rarible, the community-owned non-fungible-token (NFT) marketplace, announced a $1.75M seed round from investors including 1kx, ParaFi Capital, Coinbase Ventures, and Coinfund. Rarible token RARI jumped 60% to $8 on the news yesterday. Rarible intends to use the funds to develop a decentralized autonomous organization (DAO) structure which facilitates NFT trading. Central to the structure will…
NFTs Take on Freelance Writing With $ESSAY
A new twist on NFTs might hold the potential to change the entire nature of freelance writing. Mirror is a new publishing platform, akin to an open source, DeFi-oriented take on Medium. The platform will allow individual writers to crowdfund their work by minting their essays as NFTs. Backers will be able to exchange ETH…
Hashmasks is Newest NFT Craze
NFT collectors are flocking to get their hands on Hashmasks – a collection of 16,384 unique digital portraits. Each portrait features a combination of five traits with different levels of scarcity. The sale window opened with seven price tranches, quickly breaching the 100 ETH threshold and selling out yesterday morning for a total of $14M…
Zora Releases Developer Tools to Build “Cryptomedia”
Zora Protocol has unveiled documentation around its universal media protocol, offering developer tools to create perpetual markets for NFTs by baking an order book directly into the token. Zora’s protocol creates assets that contain a market and media component, allowing NFTs to become independent of the platforms they are issued on, a concept they have…
Reddit Doubles Down on Web3 With EF Partnership
Reddit announced a partnership with the Ethereum Foundation, a sign it’s betting on a more decentralized internet and doubling down on the leading smart contract platform. The social media company and the foundation started collaborating last year with the Scaling Bake-off, a scaling technology competition. Reddit is also exploring Community Points – or non-transferable ERC20…
FlamingoDAO On Why it Paid $760k for a CryptoPunk NFT
Less than two weeks ago, CryptoPunk 8129, one of only 24 super-rare Ape Punks, made major waves when it sold for a whopping 140 ETH ($176k at time of purchase). But the non-fungible token market is on steroids right now, and the newest major Punk sale makes 140 ETH look like a drop in the…
Building the Investable Layer of Music, by 3LAU
A Creator’s Perspective: Music & Distributed Ledger Tech Tokenizing music is still in experimental stages but my long-term vision is that digital collectibles will evolve into true fractional ownership in a song’s master recording rights, allowing artists to disintermediate the music industry and fans to gain from their success. After brainstorming for months on a…
CryptoPunk NFT Sold for Record 140 ETH
A 24 x 24 pixel image sold for a whopping 140 ETH, or $176k, the highest USD price on-record for a non-fungible token. It’s the latest sign that the crypto art market is heating up. The piece sold is CryptoPunk 8219, one of 24 Ape punks. To some, it’s just a low-resolution image of a…
"I'm a Strong Believer in Blockchain; This is Just the Beginning:" Atari CEO Fred Chesnias
In this week’s podcast episode, we interview Fred Chesnias, the CEO of Atari. The video game company now has a token and plans to release a wallet and even an exchange. The token is an erc20, which Atari hopes will get used across any game, not just its own. With the token, users will be…
NFTX Launches NFT Liquidity Pools
For all the optimism about the potential for NFTs – or non-fungible tokens – to revolutionize digital collectibles, one important drawback has been hanging over the sector; lack of liquidity. NFTX is seeking to address the issue by debuting an NFT liquidity pool. “NFTX is a platform for making ERC20 tokens that are backed by…
