Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it. Regulation is sometimes positioned as the enemy of innovation, an antagonistic force that reduces progress in the name of bureaucracy. However, when implemented sensitively and proportionately, regulation can strengthen a private sector’s reputation by […]
Continue Reading
Non-fungible tokens are booming, with Animoca Brands and Skymarch revealing upcoming gaming titles powered by NFTs. Blockchain gaming firm Animoca Brands has announced a licensing agreement with electric single-seater car racing championship Formula E to develop a blockchain-powered motorsports game featuring non-fungible tokens (NFTs). The Formula E game will utilize Animoca’s REVV utility token as […]
Continue Reading
For now at least, the partnership appears focused on mutual brand outreach and marketing. Top-tier German soccer club Borussia Dortmund, or BVB, is entering a multi-year partnership with the crypto trading platform Bybit. At present, details of what the partnership will involve, beyond mutual brand outreach, remain slight. In a statement for Cointelegraph, Bybit CEO […]
Continue Reading
$2.5 million private funding round will be used to develop first “mass-market” digital collectibles platform. Digital collectibles platform Terra Virtua announced Nov. 4 that it had completed a $2.5 million private funding round, attracting support from funds such as Woodstock, NGC Ventures, and AU21 Capital. The investment raised will be used to further develop what […]
Continue Reading
Atari’s new Ethereum token fell off a cliff when trading began, leaving investors wondering what was behind the dump. Atari Token (ATRI), the first foray into a gaming digital currency by legendary video game developers Atari Interactive, ended its first 36 hours of trading down almost 70%. The current price is well below the public […]
Continue Reading
From owning land to playing games and creating artworks, earning opportunities on NFT marketplaces continue to grow. Nonfungible tokens are not a new phenomenon in the crypto space, as the emergence of blockchain technology has provided a useful base layer to create a sprawling economy for digital collectibles. Amid the growing appetite for digital art, […]
Continue Reading
As NFTs gain traction, here are some of the top marketplaces for finding NFTs, as well as the future outlook of this industry. Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with […]
Continue Reading
While it may seem like an expensive game, it is actually a relatively cheap way to get involved in NFT investing. The Pokemon-inspired Axie Infinity has grown to become the number one nonfungible token, or NFT, game on the Ethereum blockchain, with over 7,000 on-chain active monthly users. This week saw the launch of its […]
Continue Reading
Steadily declining DEX trading volumes and disintegrating DeFi token prices suggest investors have shifted their focus back to Bitcoin. All eyes are set on Bitcoin (BTC) as the digital asset continues to trek to a new 2020 high. Meanwhile, the hype around decentralized finance projects continues to die down, especially as token prices plummet. Data […]
Continue Reading
Where do NFTs fit into DeFi, what’s next for a space awash with funding, and how do DAOs manage NFT content? Jesse Johnson discusses with Cointelegraph Non-Fungible Tokens (NFTs), once the red-headed stepchild to more popular smart contract implementations, are finally beginning to have their day in the sun. Average purchase prices of NFTs on […]
Continue Reading