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This Is How DAOs Are Taking A Greater Role in the DeFi and NFT Sectors


Decentralized autonomous organizations (DAOs) have been operating under the radar for a while now. Amid all the excitement over bull markets, DeFi and NFTs, DAOs have found themselves being neglected, despite the fact that they’re coming to play an increasing role within the crypto ecosystem. From...

Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs


The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital...

NBA’s Portland Trail Blazers Partner With Crypto Cashback Company Stormx


In 2021, there’s been a plethora of cryptocurrency-related announcements about professional sports teams, leagues, and famous athletes. On July 1, the National Basketball Association’s (NBA) Portland Trail Blazers announced the professional basketball team has partnered with...

Mark Cuban-Backed NFT Marketplace Raises $13M in Series A


The NFT market is on a roll with new projects, collaborations, and fundraising, showcasing its potential. Mintable, the Mark Cuban-backed marketplace for NFTs, became the most recent example of that. The Singapore-based platform raised over 13 million dollars in its investment round Series A....

NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A


The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs...

Latest Major NFT Auctions Test Buyers’ Price Ceilings For History & Art


A fragment of Year 2, Age 15 - My Mama's Dream by FEWOCiOUS. Source: A screenshot, onlineonly.christies.com The non-fungible token (NFT) market has experienced a rollercoaster over the past year, and the latest major deals show how buyers strive to put a value on different types of digital art....

SBI Backs Ripple XRP Ledger for NFT, Tokenization


Source: iStock/isa_ozdere SBI, the Japanese financial and crypto giant, has reaffirmed its backing of Ripple and its XRP ecosystem – claiming that its XRP Ledger network is a good fit for the non-fungible token (NFT) industry, as well as “other assets.” In a briefing document authored by Yoshitaka...

Polygon Network Initiates Blind Boxes Launch as Part of Its Product Update


July is set to witness a Layer-2 scaling that would include the initiation of Blind Boxes providing support to Polygon. The vision of the collaboration is to aid the non-fungible tokens or NFTs through a robust decentralized computing and software ecosystem. Ever since the March IDO, the measured...

Hash Rush Use NFTs & Virtual Tokens For Gameplay Model


One of the most compelling and fun online games out there is building blockchain innovations, the likes of which have never been seen before. Leveraging new blockchain operability, it’s a good example of the potential that DeFi has for the gaming world. In the game Hash Rush, as you battle...

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