Category: Media

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Pixel Vault raises $100M for NFT development platform

The developer behind popular NFT projects PUNKS Comic and MetaHero Universe, alongside investors Velvet Sea Ventures and 01A, plan to pioneer Web3 storytelling via new company. Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded multi-franchise…
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New LGBT token aims for equity but raises red flags with community

While sporting a questionable name, the coin’s project says it wants to enable a “social and ethical” payment method. The cryptocurrency community has raised concerns about Mari Coin, a new token supposedly related to the LGBT+ community, with some people even suspecting the project to be a scam. Launched in December 2021, MariCoin promises to…
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China’s state-run news agency to launch NFT collection

Despite central bank officials’ call for heavy monitoring, Chinese state-run news agency Xinhua is launching an NFT collection. In an announcement made on Wednesday, China’s official Xinhua News Agency will issue its first series of nonfungible token (NFT) collectibles. The move is a thumbs up to blockchain technology previously shunned by the People’s Republic of…
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China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto

Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing crypto crackdown, is seen as a boost for blockchain, the technology that also underpins cryptocurrencies. Xinhua to Create Digital Collectibles Based on Photo Reports The…
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South Park excoriates NFTs as investments in latest vision of post-COVID-19 future

“Another 30 seconds in that room and you would have started considering NFTs as a viable investment” was just one of the jokes the show used comparing NFT investments to insanity. Apparently, it only took a pandemic for the writers behind the animated TV series South Park to offer their take on nonfungible tokens (NFTs)…
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Dogecoin is better than Bitcoin for payments, Elon Musk declares

Elon Musk continued promoting DOGE in a Time Magazine interview after being named Time’s 2021 Person of the Year. Tesla CEO Elon Musk believes that Bitcoin (BTC) is not that good for everyday payments as the meme-based cryptocurrency Dogecoin (DOGE). Musk compared the world’s largest cryptocurrency, Bitcoin, to DOGE in a Time Magazine interview shortly…
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Chinese crypto ban poses no threat to local industry media, sources say

Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram. While some major Chinese cryptocurrency-related publications seem to be shutting down, a number of local news agencies continue running by moving to social media like Twitter. China’s most recent crypto ban would not…
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The future is Bitcoin according to South Park creators

“It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes,” said the motel clerk accepting Bitcoin as payment. South Park, the animated TV series that often tackles topical issues with a comedic twist, showed Bitcoin being used as a mainstream means of payment in the not…
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Associated Press plans to launch Chainlink node to publish data

The news agency added it would be open to shifting its approach based on the response from developers as it kept “a finger on the pulse of the blockchain economy.” The Associated Press news agency announced it would be launching its own Chainlink oracle node to ensure any data from its U.S. newspaper and broadcaster…
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TikTok embraces NFTs with creator-led collection

The NFT launch features prominent TikTokers including Lil Nas X, Bella Poarch, Curtis Roach, Brittany Broski and others. Social media platform TikTok has announced its first foray into the NFT market with a new collection inspired by its leading trend-setters. On Thursday, the company announced TikTok Top Moments, a new program that allows content creators…
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