Announcement / 95 posts found
Frida Kahlo, Sotheby’s, and Ukrainian Meta History: The Shorts from the Third Decentraland’s Metaverse Art Week
This year’s Metaverse Art Week named The World is Made of Code stands out with big names and urgent topics on the agenda. Thus, the 3rd annual event by Decentraland’s Metaverse Art Week (MAW) 2022 joins “mind-bending installations” from Frida Kahlo’s Family with contributions from the most renowned official Ukrainian NFT project, Meta History. Inspired by this year’s Venice Biennale, the MAW 2022 will be devoted to artsy representations abundant in mathematical designs one can find in nature, and bridge the metaverse implementation of what the IRL immersive experience is. “Metaverse Art Week 2022 is coming at a pivotal moment […]
Fractional Rebrands to Tessera while Raising $20M in Funding
The crypto community once again is quaked by the big news. Recently, the NFT-based platform initially dubbed Fractional was rebranded to Tessera, having raised $20 million from the most reputable ventures. Making its competitors bite the dust, the company moves forward in re-affirming its foothold in the realm. The driving force of the endeavor was Paradigm, which led the funding round with the participation of Focus Labs, Uniswap Labs Ventures, E Girl Capital, and Yunt Capital. Additionally, about 50 Angel Investors have contributed to the round by raising Tessera to the non-fungible Olympus with $20 of funding. Notably, most of […]
Magic Eden Offers to Create an ApeCoin NFT Marketplace just for Bored Ape Yacht Club
The leading Solana-based NFT Marketplace Magic Eden is actively introducing new features and exploring non-fungible opportunities to strengthen its presence in web3. Having just announced its expansion into the Ethereum market, Magic Eden has come up with a new offer, namely to create a Bored Ape Yacht Club marketplace for the ApeCoin (APE) community. With the APE community in mind, the perhaps-to be ApeCoin marketplace is intended to provide the NFT holders of the Bored Ape NFTs with a bunch of advantages such as lower trading fees. Based on the pitch, the proposed marketplace would present even lower seller’s fees […]
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 […]
Unique Network Makes a CryptoPunk NFT Accessible to Everyone through Fractionalizing Its Ownership Rights
Non-fungible investments keep soaring even given the current bearish moods. Even against the backdrop of a decrease in ETH price, the most desired collections like CryptoPunks or BAYC are still synonymous with everything luxurious and one-of-a-kind in the NFT collector’s world. While each token costs a fortune, these blue-chip ecosystems have long been inaccessible for average NFT investors, until the present day. To provide every willing collector with a stake in the top-tier CryptoPunk ownership, the NFT infrastructure Unique Network to split the ownership rights among a whopping 56,000 user addresses who have initially signed up for a share. “This […]
Vitalik Buterin Brings the Idea of Stealth Addresses for NFTs to Masses
Anonymity is one of the key factors of blockchain technology, which pushes more users to choose in favor of DeFi. On Monday, August 8th, Vitalik Buterin came up with a new idea to contribute to the privacy of NFT transactions. Ethereum co-founder revealed a concept of stealth address implementation for ERC-721 NFTs. This was preceded by Buterin’s remark regarding Merkle trees and Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge, or zk-SNARKs, being a more complicated method for stealth addresses for ERC-721 tokens compared to his brand-new solution. The news about Vitalik’s concept arrived via his official Twitter post with a link […]