Announcement / 30 posts found
LimeWire Partners with UMG to Return as a Music-Focused NFT Marketplace
After over a decade of biting the dust, the nostalgic peer-to-peer file sharing platform LimeWire is coming back with a new strategy, focus, and management. Thus, the sharing service once associated with piracy announced its transformation into the NFT marketplace in partnership with the leading company Universal Music Group (UMG). The big comeback was ensured by the “serial founders” Paul and Julian Zehetmayr, co-founders of b2b-software company Stack Holdings. According to founders, the new LimeWire platform will be focused on “NFT newbies,” who feel unconfident in the highly speculative NFT realm. “The biggest challenge with digital collectibles and the broader […]
Dapper Labs Creates the Largest-Ever $750M Fund to Boost Flow and Reward Developers
Dapper Labs, the company behind the NBA Top Shot platform and creator of the Flow blockchain, announced the launch of a $725 million fund to develop the Flow ecosystem. The fund is aimed to focus on processing and evolving products in gaming, DeFi, and other web3 content. For now, it is the largest joint fund organized for a blockchain. “This is the largest multi-investor fund for any blockchain. Funds will be allocated both to projects already working on Flow and to developers of new ones,” Flow representatives commented on the fund creation on Twitter. Thus, 17 venture capital firms, including […]
Meta Announces Piloting Test of NFT Integration to Instagram
The Meta-owned social media power Instagram is finally testing its piloting NFT integration feature. Starting from Monday, May 8th, the selected few USA-based NFT creators and collectors are getting their hands on the groundbreaking feature. The multichain NFT sharing opportunity is aimed to allow verifying, showcasing, and trading of non-fungible tokens on the most popular blockchains, including Ethereum and Polygon for now, and Flow and Solana to be available the other day. According to Instagram head Adam Mosseri’s announcement, “there will be no fees associated with posting or sharing a digital collectible on Instagram.” This information was probably outlined to […]
OpenSea Reviews the NFT Verification System to Eradicate Fakes and Copymints
The world’s largest NFT marketplace OpenSea has been working on bringing more average users to the NFT space for a long time. But while the non-fungible world keeps scaling and evolving, the more scammers willing to capitalize on the hyping projects invade the realm. Thus, to solve the issue of plagiarism, OpenSea has introduced an array of solutions aimed at improving authenticity and eradication of fake NFTs, alongside simplifying the complex verification process. OpenSea users have long clamored for the platform to solve those malfunctions. Finally, after a couple of months of tedious work, OpenSea has come up with the […]
Google Cloud Is About to Set Foot into the Web3
While the demand for web3 solutions is growing exponentially, Google Cloud aims to meet its users’ needs. According to the email from Google Cloud Vice President, General Manager, and Head of Platform Amit Zavery, the search giant wants to make Google Cloud Platform the leading tool for developers working in this emerging field. “While the world is still early in its embrace of Web3, it is a market that is already demonstrating tremendous potential, with many customers asking us to increase our support for Web3 and Crypto-related technologies,” Google Cloud VP wrote. Zavery noted that the company’s customers are increasingly […]