Corporate / 48 posts found
NFT Media Distribution Platform Pinata raised $21.5M in Seed and Series A Funding
Despite the appreciable fading of interest in the NFTs, especially compared to the last August when it was blazing, NFT platforms and companies continue cementing their presence in Web3. An NFT-focused media distribution platform Pinata, involved in providing the media infrastructure and support for web3 apps, marketplaces, and crypto projects across all blockchains, has recently raised $21.5M in Seed and Series A Funding. The platform raised $3.5 million in a seed round in 2021 and $18 million in Series A which resulted in a whopping total amount. The recent Series A was co-led by Greylock and Pantera, and the seed […]
WarQube, ShootGun, and Lift & Shoot Top-Tier Gaming Projects are About to Adopt NFT Skins
Against the overwhelming NFT craze, regardless of the current bear trend, major web2 gaming brands are gradually transferring their powers to web3. The GamiFi industry is skyrocketing, and the most recent triple collaboration between WarQube, ShootGun, and Lift & Shoot is the best proof of that. Blockchain technology brings gaming to a totally new level, allowing seamless in-game trading of weapons, wearables, mods, and skins. Thus, play-to-earn game WarQube collaborates with P2E mobile devs iDos Games, and the Big Forge Games GamiFi platform to adopt NFT skins, celebrating a new era of usability. The new endeavor concerns the“Play and Own” […]
Magic Eden and Genopets Release the First-Ever SFT Platform with Like-for-Like Trading Mechanics
The leading Solana-powered NFT platform Magic Eden is rolling out a new concept of a semi-fungible token (SFT) marketplace in collaboration with Genopets, the move-to-earn NFT game. A semi-fungible token allows Genopets gamers to trade like-for-like in-game assets in batches, while NFT offers trading one-of-one items, which leads to multiple unnecessary transactions (and fees) in an attempt to trade several in-game pieces at once. The partnership will become beneficial for the Genopets crafting economy, allowing users to process Crystals and Terraform Seeds via the Magic Eden marketplace in the form of SFTs. “Crystals are base layer materials used for crafting […]
Meta History Raises Over $1M for Ukraine and Launches the New NFT Warline Collection
Launched back in March, one month after the outbreak of the full-scale war in Ukraine, the Meta History’s NFT war museum managed to raise $1,290,398 (803.28 ETH) so far. All the funds raised are being transferred to the Aid For Ukraine crypto fund, which was established by the Ukrainian Ministry of Digital Transformation in partnership with national web3 companies and funds. “Ukraine’s First NFT Museum ⎯ META HISTORY ⎯ has raised over $1,000,000 for the Armed Forces of Ukraine. The project team sent all proceeds to Aid For Ukraine, a crypto fund dedicated to the military. The NFT will not […]
Tesla Sold 75% of Its Bitcoin for Less than a Billion
It was just in February 2021 when Elon Musk’s Tesla made waves in the crypto community by announcing a hefty, ~$2-billion Bitcoin investment. At those times, the most valuable cryptocurrency soared to a whopping $70K. Currently, the electric car manufacturer once again shook the crypto society by making a statement it had offloaded 75% of its Bitcoin holdings. The news arrived as part of Tesla’s Q2 earnings report, stating the company got rid of most of its Bitcoin, which had lost over 50% of evaluation since last year and was traded at about $24K at the moment of sale. Tesla […]
Rarible Is About to Add Solana to Its Multi-Chain NFT Family
The Solana blockchain-based NFTs are gaining momentum, pushing major NFT marketplaces to their adoption. Currently, following in the footsteps of the recent Solana NFT integration into the OpenSea ecosystem, the leading marketplace’s rival Rarible will now support Solana tokens as well. The long-awaited SOL NFT integration will allow users to buy and sell Solana tokens without any gas fee for a month. After a 30-day promotion period finishes, everyone will have to pay only 1% on every transaction made. Thus, Solana enters the ever-growing list of blockchains adopted by Rarible, including Ethereum, Flow, Tezos, Polygon’s MATIC, Immutable X, and Rarible’s […]