NeoNexus Founder Pulls Out Of Popular Metaverse NFT Project
According to Estimates, the metaverse initiative earned between $2 and $4 million from its NFT mints, raising 25,000 SOL. NeoNexus, a Solana-based NFT project, has announced that the team would no longer be pursuing the project, citing a decline in Solana (SOL) costs as the reason for the decision. The project’s founder, Jack Shi, took […]
Yuga Labs Buys NFT Collections Of CryptoPunks And Meebits
Bored Ape Yacht Club creator, Yuga Labs buys CryptoPunks and Meebits to provide the companies with commercial rights as it does for BAYC. Yuga Labs, the company behind the wildly popular Bored Ape Yacht Club nonfungible token collection, has acquired the intellectual property of CryptoPunks and Meebits from Larva Labs, a pioneer in the NFT […]
Immutable Raises $200 Million In Series C, NFT Startup Values At $2.5 Billion
The Sydney-based blockchain firm has raised a series C funding of $200 to million, having been led by Temasek. The company is now valued at $2.5 billion. Immutable Raises $200 Million, NFT Startup Aims To Boost Gaming Studio Immutable, a blockchain startup, announced on Monday that it had raised $200 million in a Series C […]
Bob Dylan goes meta as Sony and Universal collaborate with Snowcrash NFT platform
Snowcrash, a Solana-based NFT marketplace, has announced that Sony Music and Universal Music Group, the world’s two largest music companies, have joined forces with the future platform. Snowcrash, a Solana-based NFT marketplace, will distribute Bob Dylan and Miles Davis NFT sets later this year. Later this year, the two music companies will release NFT collections […]
NFTs – Fad or Here to Stay?
Non-fungible tokens (NFTs) have become the biggest new thing in cryptocurrency. And that’s saying a lot in an industry on the cutting edge of technology. A lot of the publicity NFTs have received has come from the large number of NFT art projects launched in 2021 along with a massive price appreciation in CryptoPunks. This […]