At Gary Vaynerchuk’s multi-day non-fungible token (NFT) conference “VeeCon” in Minneapolis, there was no visible sign of the market collapse that preceded the crypto-palooza. ‘Happy’ singer Pharrell Williams had just left the main stage after bestowing the virtues of Web 3.0 and telling the enthusiastic NFT collector crowd “you are changing the paradigm right now.” Nearby, a line of mostly men in their late 20s and early 30s waited patiently to buy whatever merch they could… Source link
Read More »NFT rookie cards are coming to the NFL
Even sports rookie cards now have their own NFTs as the digital-token craze continues to push further into sports. Panini America, which traditionally makes standard hard-copy playing cards, will be providing 16 NFL prospects with their own 1-of-1 NFT after the Thursday night’s 2022 NFL Draft. “We’ve been doing this the last 12 years where we’d showcase them with their physical trading car, and we’re still going be doing that from the physical trading card side of it, but as the world… Source link
Read More »Blocto teams up with Yahoo Taiwan to launch NFT store
portto, the company behind nonfungible token (NFT) and crypto wallet Blocto, is joining forces with Yahoo Taiwan to launch Yahoo Taiwan NFT Store. They’re set to debut by the end of this month with the first NFT collection featuring ‘A-Hoo’ , the official mascot of Yahoo Taiwan whose image widely appears on its stickers, branded products, and even delivery crates. The ‘A-Hoo’ collection will also be available to trade on Blocto’s NFT marketplace, BloctoBay. The new store enables… Source link
Read More »GameStop Ryan Cohen’s vision is to create an “ultimate destination”, says new NFT partner
GameStop Chairman Ryan Cohen — aka leader of the meme stock army (apologies to AMC CEO Adam Aron) — has grand ambitions for the company, says its new NFT marketplace partner. “The default is gaming,” Immutable X co-founder Robbie Ferguson said on Yahoo Finance Live when asked about Cohen’s vision for GameStop. “The one-stop, ultimate destination in which everyone can come and trade their in-gamed owned items.” Ferguson’s team will help GameStop achieve that mission. The pair inked a deal… Source link
Read More »Tom Brady’s NFT agency raises $170 million from crypto investors
Did you know that Tampa Bay Buccaneers quarterback Tom Brady co-founded an NFT agency? Well he did! It’s called Autograph, and you won’t be surprised to find out that it’s doing pretty well. The company told TechCrunch on Wednesday that it had just completed its Series B funding round and had raised $170 million from venture capital firms Andreessen Horowitz and Kleiner Perkins, among several others. Both firms have been investing in cryptocurrency related projects and Autograph is the… Source link
Read More »GameStop’s reported NFT plan is ‘dead on arrival’: Analyst
GameStop’s (GME) reported plan to launch an NFT marketplace is “dead on arrival”, says one analyst. “NFT’s are a real thing…the problem is GameStop,” Wedbush’s Michael Pachter told Yahoo Finance Live. A Wall Street Journal report says the company hired more than 20 people to run the unit which will launch an NFT marketplace, a plan which the video game retailer has hinted at in the past. The report also states GameStop is working on creating partnerships with two crypto companies. “NFT’s… Source link
Read More »GameStop surges 30% in after-hours on reported NFT plans
GameStop’s (GME) stock surged as much as 30% in after hours after a report that the video game retailer is launching a marketplace for non-fungible tokens (NFTs), a move which had been telegraphed last year. GameStop is also reportedly creating partnerships with two crypto companies to “share technology and co-invest in the development of games that use blockchain and NFT technology, as well as other NFT-related projects,” according to people familiar with the plans who spoke to the… Source link
Read More »Why Black Americans are leading the NFT, crypto revolution
The emergence of Web3, a vision of the internet built on blockchain-based, decentralized systems, has many investors licking their chops because of its financial upside. Meanwhile, others are betting on Web3’s downfall. The rise of NFTs, or non-fungible tokens, in popularity and demand may be the clearest indication of Web3’s promise. “NFTs will be ubiquitous,” Brandon Buchanan, founder and managing partner of Meta4 Capital, a crypto-focused investment management firm, told Yahoo… Source link
Read More »NFT craze breathes life into first ETF, investors seek to ‘connect and create’
A new exchange traded fund (ETF) is trying to capture the white-hot market for non-fungible tokens (NFTs) in one financial product. But the catch is that it won’t actually own any NFTs, crypto assets or related derivatives. Listed under the symbol “NFTZ” by issuer Defiance ETFs, the Defiance Digital Revolution ETF launches Thursday on the New York Stock Exchange’s Arca platform. The fund owns shares in publicly traded blockchain-related companies like Coinbase (COIN), in addition to those… Source link
Read More »Bitcoin Latinum launches world’s first Bitcoin Enabled NFT platform in partnership with Unico NFT
PALO ALTO, Calif., Nov. 27, 2021 (GLOBE NEWSWIRE) — Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, in partnership with Unico NFT, is launching an NFT marketplace that features thousands of digital artwork that can be bought and sold exclusively with Bitcoin (BTC) and Bitcoin Latinum (LTNM). This is the world’s first platform that enables the option of buying, selling and trading NFTs using cryptocurrencies other than Ethereum type currencies. Using a… Source link
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