digital collectibles

NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round

A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was led by U.S. actor Ashton Kutcher’s Sound Ventures. The other investors that participated in the funding round include Maven 11, Scalar Capital, and Kleiner Perkins. The company, which was founded by Stephen Young in February 2020, already acts as a marketplace where users can get a cryptocurrency loan

Blockchain unicorn Animoca Brands teams up with a K-Pop agency to create NFTs

Animoca Brands, a Hong Kong-based blockchain game developer, is teaming up with a Korean entertainment agency to offer digital collectibles starring music artists and actors, adding K-pop groups to the non-fungible token hype.  The move will add to the increasing list of celebrities who have embraced NFTs, which also includes BTS. K-pop related NFTs On Monday, Animoca announced a collaboration with Cube Entertainment, the South Korean talent agency behind girl group (G)I-dle and boy band BTOB, to start an NFT-related project.  NFTs are blockchain-based digital assets that verify the validity

Toy Companies Hasbro, Funko, and Mattel Turn to Wax as Trusted Partner

William Quigley loved baseball cards during his pre-teens. As the founder of WAX (Worldwide Asset Exchange), you might think Quigley’s crowning achievement may have been to strike a deal with Topps Baseball Card company, so WAX could manage and create NFTs with the MLB. However, Quigley was able to add another giant feather to his cap as WAX recently completed the rare “hat trick” as the official NFT partner for the toy industry’s “big three” – Funko, Hasbro and Mattel. WAX was already a trusted partner for many, working with

Sports NFTs Are Hot Property: How Blockchain Technology Gives Fans New Ways To Connect With Their Favourite Sport

It’s an exciting time to be a football fan. The sport is embracing new technology that is enabling fans to show their love for the beautiful game in totally new ways. But even as the digital collectible market expands, the crypto community can still offer fantastic physical prizes. Are NFTs the future of football fandom? The big finance firms seem to think so. SoftBank Vision Fund, LionTree, Bessemer Ventures, IVP, Hillhouse and Atomico were all lead investors in Sorare, a European fantasy football platform that offers digital collectibles in the

Chicago Blackhawks Unveil Debut NFT Collection

The Chicago Blackhawks of the National Hockey League (NHL) have announced the launch of the team’s first non-fungible token (NFT) collection. Sponsored Sponsored Professional hockey team, the Chicago Blackhawks, have announced the team’s first official NFT collection is now available. The team is making officially licensed ERC-721 NFTs with some being sold at a fixed price and others being auctioned off to the highest bidder. The collection is available on the Sweet platform using the Amazon Web Services Content Delivery Network (CDN) to host the digital collectibles publicly. Sweet allows brands

The NFT Avatar Trend Is About Community

Have you heard? NFTs are hot again. The media (both crypto media and mainstream media) declared NFTs dead in June, citing data that showed sales volume had dropped precipitously at the largest NFT sites. But now the market for blockchain-based digital collectibles has come roaring back (along with the price of Ethereum), especially one segment of the NFT boom that probably looks particularly bizarre to skeptical onlookers: cartoon animal collections. Pudgy Penguins hit $11 million in daily sales volume. Bored Apes hit a floor (the cheapest price for one NFT)

Ethereum Competitor Solana Hits All-Time High As Market Continues to Rise

Having briefly entered the top ten cryptocurrencies by market capitalization earlier this week, Solana has set new all-time highs over the last few days, including today. The SOL token briefly set an ATH of $78.63 in the early hours of this morning UTC, according to crypto data aggregator Nomics. Solana’s price has since retreated a little. It currently sits at $78.17, though this still represents an overnight increase of 8.91%. Solana’s price was under $40 at the beginning of last week, so in the last fortnight SOL has blown up by

World-Renowned Photographer Christina Jansen to Release First Muhammad Ali Digital Collectibles with dMerch.io

Never Before Seen Photos of “The Greatest” Available for Digital Collection on the WAX Blockchain The Worldwide Asset eXchange (WAX) is partnering with world-renowned photographer Christina Jansen and Dublin-based NFT agency, dMerch.io to bring to life the Muhammad Ali Series 1 digital collection. The collection contains 136 unique digital collectables, all showcasing the vibrant personality of Ali himself and will be available on WAX blockchain starting on August 10, 2021 at 1pm EST / 10 am PST. Throughout his iconic 21-year professional career, Ali was unconventional and incredible for the

NFT Floodgates Open With Impressive Lineup of Blockchain Games in 2020

Blockchain in the gaming industry is one of the space’s hot topics of 2019. This year is catching the interest of both young independent developers and large corporations. Conferences and hackathons are periodically held around the world for developers to search for new ideas for integrating blockchain into games.The main advantages of blockchain are its decentralization and open-source nature, which can significantly change the gaming market. The technology is taking trust between developers and players to a new level, and users can now own and freely exchange in-game assets without