NFTs

Holoride debuts Ride crypto, the currency of its in-car metaverse

Holoride, the Audi-backed startup that’s creating an in-vehicle virtual reality entertainment system designed for passengers, has begun publicly selling its Ride cryptocurrency token. The launch

NFT music rights startup Royal banks $55M investment led by a16z Crypto

Less than three months after announcing a $16 million seed round led by Founders Fund and Paradigm, NFT music rights startup Royal has raised another major round of funding, banking a $55 million Seri

Riot Games’ new esports president on NBA collaboration, its hit Netflix series and NFTs

Amid a spectacle staged during the Golden State Warriors versus Toronto Raptors game on November 21, Riot Games’ new esports president John Needham sent League of Legends T-shirts parachuting do

South Africa’s NFTfi raises $5M so people can use their NFTs as collateral for loans

Once regarded as a fad (for some, it still is), NFTs, digital assets that depict real-world objects, are becoming increasingly popular within and outside the crypto world. But with large amounts of ca

Zynga CEO on its blockchain gaming division and navigating the advertising crisis

Beating the street and its own guidance, Zynga reported record third-quarter revenue of $705 million, up 40% from the same period last year and reaching its largest mobile audience ever of 183 million

NFTs and crypto wallets could be in Discord’s future

Discord is already the de facto home for NFT communities, but the company could be planning to deepen those connections in a big way. On Monday, Discord founder and CEO Jason Citron tweeted a screensh

Three-quarters of record-breaking funding for female founders is a win

Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. And have fun! This week our very own Mary Ann was off — we

BTS enters NFT market in joint venture with Upbit

Hybe, the South Korean agency behind K-pop megastar BTS, announced today that it plans to set up a joint venture with Korean crypto exchange Upbit to enter the non-fungible token (NFT) business. Hybe

Bring on the low-cost NFTs

The market is speaking with activity numbers that lower-priced, more-useful NFTs connected to an interactive world can generate not only lots of economic value, but also lots of fans.

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.

Inside the Realms of Ruin

“The Ruin stirs, and the Five Realms rumble,” a now-archived web announcement read on Thursday morning. “You are cordially invited to join New York Times bestselling and award-winning authors Ma

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

Superplastic raises $20M to expand its cartoon influencer universe

A company from the creator of Ello and Kidrobot is announcing a new $20 million funding round to build out an imagined virtual world populated with deranged-yet-cute cartoon influencers. Superplastic&

Patron, a new fund from former Riot Games colleagues, locks down $90 million

If you follow tech press, you’ve probably noticed more outlets covering the blockchain-based, play-to-earn trend, wherein individuals playing crypto-powered games can ostensibly earn a living by

ViacomCBS gets into NFTs via a partnership with NFT startup Recur

Media company ViacomCBS is getting into NFTs. Amid growing hype around the potential market for NFTs, aka non-fungible tokens — digital assets linked to ownership that’s stored on a blockc

Coinbase is launching its own NFT platform to take on OpenSea

Coinbase is readying the launch of an NFT marketplace that will compete with existing major players in the space, like OpenSea, debuting a user waitlist for the desktop product that it hopes to launch

‘Fantasy startup investing’ NFT platform Visionrare shuts down paid marketplace after a day in open beta

Just over 24 hours into its open beta, Visionrare, which launched an NFT marketplace for “fantasy startup investing,” is temporarily shutting down and refunding users who purchased shares,

Masterworks raises $110M to sell fractional shares of physical art — not NFTs

As investors look to diversify their holding amid exceptionally top-heavy traditional asset markets, more tech-enabled platforms are popping up to make the case for their alternative investment platfo

Ben Rubin explains why the Web3 era of social media will help everybody get paid

After a decade of a handful of social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing.
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