Last week, Brian Armstrong, CEO of cryptocurrency exchange Coinbase, predicted that the company’s income for 2022 will be “50% or less” than that of 2021. COIN hit a new low of $39.65 at the start of trading this Monday. The price has fallen 60% from its all-time high of $98
Reddit’s foray into tokenized avatars has been a ray of light in an otherwise gloomy crypto market. With NFT sales falling and the broader crypto market in disarray. Now, the Polygon-based project has reached a new milestone with more than 5 million collectibles having been minted so far. Furthermore, based
Starbucks has launched the beta test of its highly anticipated Odyssey experience, which integrates customer loyalty benefits with a non-fungible token (NFT) collection and other gamified aspects. Starbucks teamed with the polygon in September to create the Starbucks Odyssey web3-powered experience. It’s time to wake up and smell the coffee
DUBLIN–(BUSINESS WIRE)–The “Australia NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to ResearchAndMarkets.com’s offering. The NFT industry in Australia is expected to grow by 46.2% on an annual basis to reach
DUBLIN–(BUSINESS WIRE)–The “Non-Fungible Tokens (NFT): Global Market” report has been added to ResearchAndMarkets.com’s offering. In this report, the market has been segmented based on market type, asset type, product type, end user, and geography. The report provides an overview of the global NFTs market and analyzes market trends. Using 2021
LONDON & LOS ANGELES–(BUSINESS WIRE)–Animoca Brands Corporation Limited (“Animoca Brands”), the company advancing digital property rights for gaming and the open metaverse, has taken a majority stake in Pixelynx, Inc. (“PIXELYNX”) through its controlled subsidiary. PIXELYNX is a music metaverse gaming platform founded by musicians and technologists deadmau5 (Joel Zimmerman)
The Funds Will Contribute to the Launch of Bitwave Institutional, an Accounting and Compliance Platform for Financial Services Firms Using Digital Assets SAN FRANCISCO–(BUSINESS WIRE)–Bitwave, the first enterprise-focused digital asset finance platform designed to manage the intersection of cryptocurrency tax, accounting, and compliance, today announced that it has closed a
Software development business Aave Companies today announced the purchase of Sonar. It is a San Francisco-based metaverse developer. Where users may construct worlds and interact with user-created areas utilizing non-fungible tokens (NFTs). The Aave Companies is the parent company of many different cryptocurrency initiatives. Such as the Aave lending and
While the cryptocurrency market is surrounded by lots of scandals Reddit’s Non-Fungible tokens (NFT) collection achieved an all-time high on December 3. A total of 255,000 Reddit NFT avatars were minted in a single day. In addition, more than 200,000 Reddit avatars were minted each day on Aug. 30 and
According to Yat Siu, co-founder and executive chairman of Hong Kong’s blockchain gaming behemoth Animoca Brands, the company will soon launch a gigantic $2 billion fund, entitled “Animoca Capital,” to invest in metaverse firms. During an interview with Nikkei Asia, the executive said that digital property rights would be a
