OpenSea’s big journey right now is to make bigger bets with key Web 2.0 and web3 creators or brands, the platform’s chief business officer said OpenSea’s next journey is to help Web 2.0 brands get into web3 by Jacquelyn Melinek originally published on TechCrunch
Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder…
As funding into web3 projects cool down during the crypto winter, startups in the space are increasingly focused on building bridges for mass adoption and exploring revenue opportunities to stay afloat. The key to driving mass adoption? Offer experiences that are so seamless that users don’t realize blockchain is involved. One company that is demonstrating…
Tensor, a Solana-centric NFT trading platform, has raised $3 million in a seed round led by Placeholder, the team exclusively shared with TechCrunch. The startup was co-founded by Ilja Moisejevs and Richard Wu, bringing a collective 10 years of experience in working on trading infrastructure and data-intensive systems. Until this point, Tensor was bootstrapped off…
The NFT market may be finding its footing again as the market on the Ethereum blockchain surpassed $1 billion for the first time since May 2022. Ethereum NFT marketplace passes $1B in volume for first time since May as the creator royalties war heats up by Jacquelyn Melinek originally published on TechCrunch
Dapper Labs, the company behind many popular NFT collectible projects, will face a lawsuit accusing it of selling unregistered securities. In particular, the company has developed popular NFT game NBA Top Shot and one of the original NFT collectible game CryptoKitties. A class-action lawsuit was first filed against Dapper Labs in 2021. The company filed…
Unlocking exclusive access has been a long-held promise of a lot of NFT-based communities. And now, Spotify is helping some of them realize that claim with token-gated playlists. According to a series of tweets by Kingship, a metaverse band signed to Universal Music Group (UMG), the streaming company is piloting playlists that could be unlocked…
Amid signs of life in the NFT market, an NFT-focused startup, Thred, launched today to help users discover new collections, the company exclusively told TechCrunch. “We think of it like a Yelp, Tripadvisor or Zillow of the space,” Ben Straley, founder and CEO of Thred, said to TechCrunch. Straley has over 25 years of experience…
Artist Mason Rothschild thought he was sitting on a “goldmine” when he began creating digital versions of the iconic Hermès Birkin handbag and selling these as NFTs. Among them was an animated piece called “Baby Birkin” that depicted a human fetus floating inside and which was ultimately acquired by a buyer for $47,000 at the…
It appears the NFT market is slowly getting back on its feet. Trading volumes rose for two months straight, with January scoring the highest volumes since June last year, according to the Dapp Industry Report: January 2023. The growth in January marked a stark difference from the trend of the past few months — October…
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