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Tag Archives: Non-Fungible Token (NFT)

$250M Fund to Invest in Polkadot and Cardano Launched in India

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...

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American DJ 3LAU Sells The World’s First NFT Collection of a Music Album for $11.6 Million

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...

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NFT Platform Ethernity to Launch IDO on Polkastarter

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...

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Legendary Rock Star Gene Simmons Buys Cardano (ADA) Worth $300,000

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...

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Lindsay Lohan Tweeting About TRON: Is It Time to Take Profits?

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...

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Gamer Shells Out $1.5 Million For Virtual Estate, Sets New NFT Sale Record

The explosive growth of Non-Fungible Tokens (NFTs) has opened up the blockchain industry to a new realm of endless possibilities.They have allowed for the existence of rare assets reminiscent of those in our conventional world, and virtual reality gamers are throwing their weight behind by splurging on these assets. An Axie Infinity gamer recently paid 888.25 ETH (worth $1.5 million at the time of purchase) for a virtual estate, breaking the previous record of $800,000 paid by Polyient Games...

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The Winklevoss Twins, Paolo Maldini, and 76ers’ Michael Rubin to Have Personal NFTs On Ethernity

Several well-known individuals, including Gemini’s co-founders the Winklevoss twins, soccer legends Christian Vieri and Paolo Maldini, and Philadelphia 76ers owner Michael Rubin, are set to join the NFT craze. Each will have his own personal digital artwork as a non-fungible token (NFT) on the Ethernity platform.Digital Artwork On Ethernity With Famous IndividualsFounded by the early Bitcoin adopter Nick Rose Ntertsas, Ethernity is an initiative that explores various applications for...

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The NFT Craze Expands: Rare Hashmask Was Sold For $140,000 Worth of ETH

Barely a week after its launch, the new non-fungible token (NFT) project, Hashmask, takes the NFT market by storm. Earlier today, a rare Hashmask was sold at 97,2 ETH, worth $139,100 as of today’s price.What Are Hashmasks?Hashmasks are living digital art collectibles that have been created by more than 70 artists from across the globe. There are a total of 16,384 unique digital portraits as of now.Each of these artworks is uniquely designed to be part digital art and part digital collectible....

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