Tag Archives: Non-Fungible Token (NFT)

IOHK, the company behind Cardano, has partnered with Orion Protocol, becoming the first liquidity aggregator of the Cardano blockchain.  Orion has provided a non-custodial gateway to the crypto market by aggregating liquidity from crypto exchanges into a single DeFi platform. The partnership with Cardano comes after a series of integration to other protocols, such as Binance Smart Chain, Avalanche, and Elrond.  Cardano’s Bridge to the Crypto Market This partnership provides...

With the current craze surrounding everything NFT-related, CryptoPotato is happy to announce its plans to mint an NFT on the Cardano blockchain when these capabilities are enabled. The NFT Craze It’s safe to say that non-fungible tokens are this year’s hot topic. From CryptoKitties, CryptoPunks, and Hasmasks, to celebrity music and the NBA highlight reel, creators are digitizing everything, turning it into scarce, unique, and indivisible tokens that are oftentimes auctioned...

In another whopping purchase, Justin Sun, the founder of one of the largest blockchain-based projects, TRON, and the CEO of BitTorrent, has bought Picasso’s “Femme nue couchée au collier” for $20 million.  Besides that, he has also bought “Three self portraits” by Andy Warhol for $2 million, and he plans to tokenize both and launch them on the JUST NFT Fund in the weeks to come. Justin Sun’s Forray into Digital Art Continues Justin Sun is well-known within the cryptocurrency...

With collaboration from the NBA, highlight clips have become NFT collectible cards. Canadian technology company Dapper Labs continues its lucrative streak by nabbing a whopping $305 million dollars from new investors. Private Equity Firm Cotue Rakes in Big Names The New York investment company Coatue Management, responsible for several other technology investments, has sealed a lucrative deal for Dapper Labs. Household NBA names like Michael Jordan, Kevin Durant, and Klay...

Justin Sun, the CEO of TRON and BitTorrent, has doubled-down on his NFT-related endeavors by announcing a designated fund. Called JUST NFT Fund, it aims to close the gap between the most recent craze in the blockchain space and artists wanting to release their own non-fungible tokens.Sun’s NFT FundJustin Sun, and his blockchain-based projects, have been neck-deep with the ongoing NFT craze. Apart from bidding some mindblowing amounts on various NFT projects, Sun has also partnered with...

Leading crypto fintech startup Circle Internet Financial has announced the launch of a payment solution for the non-fungible tokens (NFTs) market. It will enable investors and content creators to make payments using credit cards and cryptocurrencies.Promoting NFT AdoptionThe company stated in an announcement today that it hopes the initiative would get more investors onboarded into the NFT bandwagon. Jeremy Allaire, Circle co-founder, and CEO said the initiative is important for content...

Although it’s the largest and most well-known cryptocurrency globally, bitcoin has lost its top trending spot in the US last week. Instead, the first place went to an NFT platform called Ethernity Chain, which will host the NFT of skateboarding legend Tony Hawk.At the same time, ERN’s price has skyrocketed by more than 20-fold since early March.Ethernity Chain Trends at N1 in the USThe popular monitoring resource CoinGecko breached the top ten trending crypto assets in the US from March 20th...

Notorious digital artist Pplpleaser shared a picture of herself crying… but out of joy. All thanks to the booming interest in NFTs.The artist, who has a reputation not only in the DeFi scene but also in the wider, more “mainstream” art industry, put an NFT up for sale on the auction platform Foundation.app. And things went really well.x*y=k: The $500K NFT Sold by PplpleasrPplpleasr’s token depicts an animation of a Uniswap-Esque unicorn on its journey to reach the “Ethereum Promised Land.” On...

The recent NFT boom has seen several individuals make so much money from digital collectibles. Everything from artworks, virtual lands to sports cards, and even tweets have now become non-fungible tokens (NFTs). NFT Investments Are Like GamblingWith this raging NFT mania, investors are worried that this might be another bubble. More recently, John Egan, the CEO of French bank L’Atelier BNP Paribas, opined that investing in NFTs is like gambling, adding that they are the riskiest asset class...

According to an announcement from the project, the development team needs more time to “conduct a more thorough review and testing” to ensure that the network will function effectively when it scales over 100,000 Elite Edge Nodes.Theta Mainnet 3.0 To Launch In June Theta Labs has been consistently working on releasing its Elite Edge Nodes with TFUEL staking and burning on the Theta 3.0 Mainnet. The company also intends to “incorporate some building blocks” for an NFT marketplace on the...