NFT

How crypto exchange Backpack climbed its way to success after its major investor FTX died

Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic

Starbucks ditches its Odyssey NFT program

Starbucks launched Starbucks Odyssey in 2022 as its initial foray into the web3 world.

Former web3 gaming founders raise $2.5M for their NFT marketplace to retain users even when there ‘isn’t money to be made’

Even though NFT sales volume is still down 88% from 2022 all-time highs (and down 38% year-to-date), Pallet Exchange is building a new type of NFT marketplace focused on user retention. And it’s doi

NFT platform Zora is offering a novel way for AI model makers to earn money

Zora, an NFT-based social network platform, is continuing its expansion beyond the crypto-sphere into the hot artificial intelligence market, Dee Goens, the startups’ co-founder, said on Chain React

OpenSea’s partnership with Coachella is a sign that NFTs can be more than profile pictures

The NFT sector has not yet returned to the glory of its 2022 heyday, but that hasn’t stopped the evolution of the tech. For instance, OpenSea has partnered with the music and arts festival conglomer

Animoca Brands’ Yat Siu sees NFTs as a way to protect ownership in the age of AI

NFTs don’t always get taken very seriously, particularly now that AI and content creators are hogging the spotlight, but not everyone is so quick to discount crypto’s oft-derided younger sibling.

OpenSea takes the long view by focusing on its UX even as NFT sales remain low

The NFT space has lost a lot of its sparkle over the past few years, but that hasn’t stopped some founders, investors and projects from trucking along in hopes of another surge.

Why Puma is sticking to its web3 bets as crypto shakes off a long winter

While some brands moved away from web3 in 2023 during a long crypto winter, Puma stayed the course and its head of emerging technology, Ivan Dashkov, told TechCrunch+ it has no intentions of leaving.

Love ’em or hate ’em, NFTs can survive thanks to the communities that drive them

NFTs get a lot of heat, but there’s a widespread belief in the industry that there’s ample value underlying the concept and the various use cases it brings.

NFT startup Rario founders to leave a year after $120 million funding

Founders of Rario, the cricket NFT startup in which India’s Dream11 led a $120 million funding round last year, are leaving the two-year-old firm, people familiar with the matter said. Ankit Wad

SEC settles first NFT enforcement case, fines LA media company $6M

The U.S. Securities and Exchange Commission is suing a non-fungible token project, marking the first time the authority has taken enforcement action against a company for selling unregistered NFTs. Im

Monthly NFT sales fell for fifth consecutive month to $495M in July

Welcome back to Chain Reaction. The NFT space isn't doing too well right now. It seems like there’s a new project being launched every week, but there’s less and less money being spent in the spac

Magic Eden CEO talks multichain expansion and what’s next for the NFT platform

Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news in crypto with some of the biggest names in the industry to break things down block by bloc

Gary Vaynerchuk expects NFTs to expand beyond digital collectibles long term

Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto

NFT avatar enabler GoodGang has the blessings of Korean giants Kakao and Naver

Critics have long discredited non-fungible tokens as overpriced JPEGs sold by people who want to make quick bucks. NFT believers want to prove them wrong and show that these certificates of digital ar

NFT spinoff from newspaper SCMP gets funded to tokenize historical artifacts

When an NFT series commemorating the handover of Hong Kong from the U.K. to China generated $260,000 in sales, Artifact Labs, the startup that launched the collection, saw the long-term potential of t

OpenSea’s next journey is to help Web 2.0 brands get into web3

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

Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

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

Ant veteran turns to NFT verification for SXSW festival VIP feast

As funding into web3 projects cools down during the crypto winter, startups in the space are increasingly focused on building bridges for mass adoption and exploring revenue opportunities to stay aflo

Tensor raises $3M for Solana-focused NFT trading platform

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 R
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