Tag Archives: Non-Fungible Token (NFT)

Jack Dorsey, the CEO of one of the largest social media platforms, Twitter, will be converting the proceeds of the sale of the genesis tweet in Bitcoin and donate it to the GiveDirectly’s Africa Response Campaign.Earlier during the weekend, CryptoPotato reported that Jack Dorsey has put up the genesis tweet for sale.This became possible through a platform that allows individuals to tokenize and sell their tweets in the form of a non-fungible token (NFT).At the time, Justin Sun, the founder of...

The hype around non-fungible tokens (NFTs) continues to escalate as demand for primary sales is only growing higher.The last manifestation of this was earlier during the BossLogic NFT drop that took place on the OpenSea marketplace, causing it to essentially crash under the high traffic.OpenSea Crashes as Traffic SurgesOpenSea, touted as the largest NFT marketplace crashed last night under a serious surge in traffic caused by an NFT drop.The platform took it to Twitter to explain what...

The market for non-fungible tokens, more popular for their abbreviation, NFTs, is booming. It’s no secret that interest in it is growing, having many to believe that it’s in a state of a bubble.Now, data shows that retail interest in NFTs has surpassed that for ICOs back in the peak of initial coin offerings in early 2018.NFT Craze Surpassing ICO MadnessThose who’ve been here long enough are aware of how crazy the market was back in the second half of 2017 and early 2018. Major...

Silicon valley billionaire bitcoin advocate and Twitter chief Jack Dorsey has finally joined the NFT craze. It was long coming, but Dorsey has made his grand entrance to the scene. He digitized his very first tweet and has auctioned it on Valuables, a platform that allows individuals to tokenize and sell their tweets.At the time of this writing, Justin Sun has bid $2 million for the piece.“Virtually” Anything is Possible With NFTsDigital asset enthusiasts have broken the bank for real estate...

Following milestone partnerships with sports teams in Europe, ChiliZ have their eyes set on conquering the United States. The fintech platform will open a new office in one of the world’s major commercial cities, New York.ChiliZ To Set Up New York OfficeMaltese blockchain giant, ChiliZ is scaling up operations after securing several partnerships with top European sports franchises. Reuters reported earlier today that the fan engagement platform would open an office and invest $50 million in...

FD7 Ventures, the cryptocurrency-oriented fund that recently vowed to dispose of its BTC holdings for ADA and DOT, has set up a $250 million micro-fund focusing on investments in teams working on the ecosystems of Polkadot and Cardano.FD7 Goes to India for DOT and ADABased in Dubai, UAE, FD7 is a crypto-oriented investment fund with over $1 billion in assets under management (AUM). The firm recently announced somewhat bold plans to dispose of $750 million of its BTC holdings and allocate the...

Can you imagine having an album of your favorite artist, with a song made to your specifications and that only you could listen to it? How much would you pay for that privilege?The well-known American DJ 3LAU wanted to find out. His fans are willing to pay millions: Specifically, $3,666,666 for one song and over 11 Million collectively for an entire collection of digital art tokenized on the blockchain in the form of NFTs.Step Aside, Billboard!The auction for 3LAU’s Ultraviolet album...

Ethernity, the digital platform building an NFT ecosystem, has announced plans to launch on the decentralized fundraising platform Polkastarter. The team will conduct a public sale of its ERN token on the permissionless DEX for cross-chain pools and auctions to enable its community to participate in the ongoing NFT craze.Ethernity To Go For a Polkastarter LaunchEthernity is a platform exploring various applications for non-fungible tokens (NFTs) focused on charity, decentralized finance...

Gene Simmons, the legendary KISS bassist, has made another dip into cryptocurrencies. The famous musician has expressed his belief in Cardano, presuming 2021 would be “the most productive year” for the altcoin.Believing in the Future of CardanoRock star Gene Klein, aka Gene Simmons, has appeared in online social media with yet another pro-cryptocurrency commentary. This time KISS’s legendary bass guitarist has expressed his opinion on Cardano and its native digital coin ADA.In his recent...

American singer, songwriter, and entrepreneur, Lindsay Lohan is the latest celebrity to openly endorse cryptocurrencies. Just three days ago, she announced the sale of her NFT, Bitcoin ‘Lightning,’ and now, it seems she is getting fascinated by the DeFi world.There appears to be a widespread bitcoin frenzy in the music scene. While Hip Hop star Jay Z is teaming up with Twitter CEO Jack Dorsey to donate bitcoin for developers in Africa, Lindsay Lohan is exploring the world of DeFi.She took to...