Tag: NFT

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Recur raises $5 million for perpetual cross-platform NFT royalties

A seed round in a new NFT platform is a promising step towards universal NFT royalties Can a new non-fungible token (NFT) platform finally solve the problem of ecosystem-wide royalties? NFT platform Recur announced on Thursday a $5 million seed round led by the DeFi Alliance, Delphi Digital, Ethereum co-founder Joe Lubin, and Gemini, among…
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Russia’s Hermitage museum to host NFT art exhibition

The NFT exhibition will be part of the “Hermitage 20/21” project. Russia’s State Hermitage Museum, the second-largest art museum in the world, is preparing to host a digital art exhibition involving non-fungible tokens. Scheduled to take place in 2021, the Hermitage’s NFT project will be Russia’s first exhibition in the field of NFT art, the…
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Crypto.com launches CRO token mainnet

The crypto exchange said the new open-source public blockchain was aimed at “payments, DeFi and NFTs.” Cryptocurrency exchange Crypto.com has launched a fully decentralized open-source public blockchain, the Crypto.org Chain. In an announcement today, the crypto exchange said it had launched its Crypto.org public blockchain after more than two years of research and development, two…
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Could LEGO be hopping on the NFT train?

A mysterious, since-deleted tweet from the toymaker has piqued the interest of NFT collectors. The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space. On Wednesday, the official LEGO Twitter account posted (and then quickly deleted) a message…
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The NFT of record: New York Times raises $500,000 for charity in NFT column sale

The NYT goes NFT as tokenized article auctions for over $500,000 “It’s worth a try,” wrote New York Times columnist Kevin Roose of his attempt to auction one of his articles as a non-fungible token (NFT). Just a day later, however, it appears to be worth much more than that. After publishing a step-by-step NFT explainer…
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New tech allows crypto users to mint NFTs with ‘proof of presence’

IoTeX’s project uses “verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time,” said Larry Pang. The latest product from IoTeX, a privacy-focused platform for the Internet of Things, reportedly brings the concept of a smartphone’s trusted execution environment with real-world data to the crypto space. Head…
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Nifty News: Italian copyright agency mints 4M NFTs, breast cancer LINK found, and more

Algorand helps secure almost 100,000 authors’ copyrights, NFTs raise breast cancer awareness, the New York Times gets in on the action, and more. Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the rights of more than 95,000 authors.…
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Theta token price sinks 25% overnight after mainnet delay

Theta lost a quarter of its value in a flash dip following the delay of its mainnet launch. After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months.…
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Theta’s Mainnet 3.0 launch date pushed to June

“We decided that additional time to conduct a more thorough code review and testing was important,” said Theta Labs. Crypto-powered esports streaming app Theta’s mainnet 3.0 launch has been delayed until June. In an announcement from Theta Labs, the company stated that its development team is still working “to incorporate some building blocks” for a…
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Crypto .com launching NFT platform with exclusive content from artists

“NFTs are a super exciting way to forge deeper bonds with my supporters,” said musical artist Alex Mansoor. Cryptocurrency exchange Crypto .com will be launching a non-fungible token platform this Friday featuring content from major artists, athletes, and musicians. In an announcement today, Crypto .com said it would be introducing a non-fungible token, or NFT,…
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