The business has funded more than 300 startups, including Web3 and NFT firms. A $359 million deal in January gave it a valuation of more than $5 billion. Institutional investors Temasek, Boyu Capital, and GGV Capital spearheaded the $110 million investment round for Animoca Brands, a major investor in NFT
Ethereum-based NFT project in tribute to the Queen’s life Since the project’s launch in July, 73 NFTs have been made available. After the demise of England’s long-reigning queen, an Ethereum NFT project, QueenE, that was created in tribute to Queen Elizabeth II, is currently holding its final auction for the
The sharp increase in crypto assets in 2021 only portended a sharp decline in asset prices. NFTs, especially those that are artistic, only started to gain popularity in 2021. If 2020 and 2021 were the falls and summers of crypto, it’s clear that 2022 is crypto’s winter. For people and
The majority (41.99%) of the SUDO drop will be distributed through a lockdrop event. Liquidity providers on Sudoswap will get 1.5% of the original supply retrospectively. A new token has been created for use inside the Sudoswap network. Various participants in the decentralized NFT marketplace will get a portion of
According to the latest Blockchain Industry Report released from DappRadar, the world’s leading app store for decentralized apps, although DeFi-based activity increased by 3.7% month-over-month, the industry’s TVL declined by 10.47%. Conversely, Ethereum scaling solutions have seen significant increases in their DeFi metrics amid the Merge, with Optimism being elevated
Warsaw, Poland, 31st August, 2022, Chainwire AngelBlock is a platform dedicated to bringing together vetted, noteworthy crypto and FinTech startups with knowledgeable investors. The aim is to allow frictionless providing of financing and support by investors to new ventures in the crypto, blockchain, and FinTech space focusing on early-stage
VeVe has also partnered with DC Comics, a rival of Marvel. The minimum bid is $1,500 per digital item as per the firm. VeVe Digital Collectibles is Marvel’s NFT product release partner, and the company’s product releases have not stopped. The two companies have just announced that they would be
The 2022 MTV VMAs had a performance from hip-hop sensations in the metaverse. The combo is collaborating after over 12 years and is very huge in the field. The trend of getting absorbed into the metaverse is reaching its peak among celebrities in the music and arts industry. As announced
Reddit’s NFTs, dubbed “Collectible Avatars,” are going to be minted on Polygon. The stablecoin may be used to buy over 3 million different kinds of travel services. Through the Polygon Network, USDC is now available on Travala.com. This is the first time the company has connected to the Network. The
This comes at a time when Japan is enforcing more rules on the cryptocurrency sector. The current corporation tax rate is set at 30% on all cryptocurrency profits. Animoca Brands, a juggernaut in the crypto gaming and web3 investing space based in Asia, is expanding into Japan with the help
