MGA Entertainment sets to launch L.O.L. Surprise NFT collectibles
MGA Entertainment is entering the nonfungible token (NFT) market by converting its best-selling toys L.O.L. Surprise into digital assets on the blockchain. Fans will be able to mint NFTs, exhibit their character collections, and buy, sell, and exchange digital treasures online when the American toy giant launches an NFT functionality for its world-famous brand L.O.L. […]
Sky Mavis studio secures $152M in a Series B funding round
Sky Mavis studio the Axie Infinity developer secures $152M in a recent Series B funding from investors, the gaming studio plans to use the fund to pursue further expansions in the emerging play-to-earn arena. Sky Mavis, the studio behind the popular nonfungible token (NFT) game Axie Infinity, has announced a new round of funding. Sky […]
NFT platform Sorare sets to invest in women’s sports
Sorare, a nonfungible token (NFT) marketplace, is aiming to be a key player in bridging the gap between sports and digital entertainment following a $680 million fundraising round. Sorare stated that the extra funding will be used to expand the company’s business through new employees and collaborations, as well as promote community-led projects . Sorare […]
Twitter previews its verified NFT as profile photo feature
Twitter has announced the beta release of a widget that will allow users to post a verified NFT as their profile photo. Users will have the option to set crypto collectibles as their profile pic to impress everyone. Mada Aflak, a senior software engineer at Twitter , uploaded a video explaining how users may add […]
Together Labs partners with Immutable X to launch NFT gaming on IMVU
Together Labs partnered with Immutable X to facilitate carbon-conscious NFT activity within the IMVU ecosystem, the partnership will promote the creation and distribution of NFTs. IMVU is a blockchain simulation game similar to The Sims or Second Life in which people may create, inhabit, and interact with virtual worlds. IMVU boasts 200,000 active creators and […]