Solana co-founder says NFTs have ’50 different use cases’ that can onboard millions this year
New NFT use cases stretch from gaming to music, and Solana co-founder Raj Gokal says he sees enough startup activity focused on those areas to feel optimistic about the digital assets more generally.
Tiffany and Gucci’s dip into crypto is a balance of reputation and revenue
Are crypto integrations by household name brands and sports teams evidence of increasing use cases for digital assets and cryptocurrencies -- or more of a marketing ploy?
GameStop looks to diversify its meme money
Welcome back to Chain Reaction. Last week, we looked at web3 without Web 2.0’s winners. This week, we’re looking at a crossover episode for meme investing. You can get this in your inbox e
The NFT slump is real (really)
The data doesn't appear to indicate that there is a more attractive way to view NFT activity today. It is, by a number of measuring methods, depressed at the moment. This meets our view of a slump.
Co:Create aims to help NFT projects launch their own cryptocurrencies
NFT powerhouse Yuga Labs, the startup behind the Bored Apes Yacht Club (BAYC) monkey JPEGs, launched its native ApeCoin cryptocurrency in March to much fanfare. Through the launch, the startup was abl
Blue-chip NFT owners explore alternative uses as sales decline
Blue-chip NFT holders who have “strong beliefs” in their NFTs are finding new ways to utilize their assets without selling.
Bored Apes NFT startup Yuga Labs raises seed round at monster $4B valuation
Yuga Labs, maker of the multimillion dollar monkey JPEGs that plenty of NFT skeptics love to hate, just raised a $450 million round from Andreessen Horowitz at a $4 billion valuation, the company anno
Bored Apes NFT project gets official ‘ApeCoin’ token
Even among the fastest-growing crypto startups, Yuga Labs has had a particularly explosive year. The startup is behind the NFT project Bored Apes Yacht Club (BAYC), which only launched in April of las
Bored Apes maker Yuga Labs acquires CryptoPunks NFT collection
Bored Apes Yacht Club maker Yuga Labs announced Friday that they have acquired the rights to the CryptoPunks and Meebits NFT collections from creator Larva Labs. Bored Apes and CryptoPunks are the two
Chris Dixon, Marc Andreessen back $30M fund exclusively investing in NFT art
The world of NFTs is never dull — as long as the money never stops. While investors continue to pour billions into the sector, albeit at a slowing pace, more crypto buyers are spinning up funds
Pixel Vault banks $100 million in funding to chase an NFT media empire
The world of NFTs is bizarre, confounding and exhilarating. Detractors see a space full of capital-obsessed hucksters who want to choke all of the lasting value from popular culture, while boosters se
Nike acquires NFT collectibles studio RTFKT
Nike is taking a plunge deeper into the world of crypto collectibles, announcing that they’re acquiring the NFT studio RTFKT (pronounced “artifact”). The acquisition announcement com
NFTs and the future history of art
The factors that have determined whether art trends become art history are receiving scant attention amid the NFT writing of today.
NFT sci-fi card game Parallel raises at $500M valuation from Paradigm
It’s no secret that NFTs have been a hot space for crypto speculators in the Ethereum ecosystem to diversify their holdings, and while some see a golden opportunity to shill bad art to suckers,
A nine-figure fund for JPGs?
The NFT craze of the past year has triggered an avalanche of crypto capital flowing into art, trading card games, luxury avatars and digital objects, but so far, institutional investment firms have la
Does the NFT craze actually matter?
Hello friends, and welcome back to Week in Review! Last week, we talked about Apple’s subscription addiction. This week, I’m diving deep into whether there’s actually any meaning to
NBA Top Shot creator on the NFT craze and why Ethereum still isn’t consumer friendly
We caught up with the Dapper Labs CEO at TechCrunch Disrupt 2021 last week to discuss the challenges facing the crypto space, the future of Ethereum, and how quickly NFTs blew up this year.
CryptoPunks creator inks representation deal with major Hollywood talent agency
One of Hollywood’s biggest talent agencies is getting into the NFT game. Larva Labs, the creator of CryptoPunks, just signed with United Talent Agency (UTA) in a representation deal that will br
Founders Fund backs Royal, a music marketplace planning to sell song rights as NFTs
Founders Fund and Paradigm are leading an investment in a platform that’s aiming to wed music rights with NFTs, allowing users to buy shares of songs through the company’s marketplace, ear
CryptoPunks NFT bundle goes for $17 million in Christie’s auction
A lot of 9 CryptoPunks portraits ended up selling for just under $17 million in a Christie’s auction Tuesday evening, marking another substantial moment for NFT art sales. The lot of pixelated p