TL; DR Breakdown Mythical Games has secured a USD150 million additional capital injection. The crypto-gaming firm raised the funds from its recent series of financing rounds. Andreessen Horowitz (A16z), a Silicon Valley Venture Capital (VC) firm, led a consortium of investors in providing the finances. These new funds have seen Mythical Games attain unicorn status. […]
TL;DR Breakdown • The brand partnered with Tezos to create its NFT collection.• Red Bull and McLaren revolutionize the virtual market with their unique auctions. Recently the automotive group that has gained priority in Formula 1, Red Bull, completed its first auction of Non-fungible tokens. The American company that has always supported the sport offered […]
TL;DR Breakdown • Non-fungible token fans in India may pay up to $50 per piece.• India could become the next focus country for non-fungible tokens. Since the non-fungible token market was launched in 2017 with the CryptoPunk collection, many countries have adopted them, including India. According to reports, South Asia has increased its adoption rate […]
TL;DR Breakdown Two-time NBA champion Kevin Durant has filed with the SEC to launch a $200 million SPAC. Durant’s Infinite Acquisition Corp. will seek a deal with tech-driven firms in crypto and other industries. Kevin Durant, one of the most successful NBA players in history, is launching a new company. The champion wants to invest […]
TL;DR Breakdown Captain America NFT launch after Spiderman’s Spiderman, Captain America NFT launched to celebrate Marvel entertainment launch NFTs become a trend in comics industry too After Marvel Entertainment floated superhero Spider-Man NFT, they have decided to expand the non-fungible token universe with tokens of other superheroes. The comic book giant launched the digital collection […]
TL;DR Breakdown ONE Championship joins hands with the Theta Network to further their interests in the NFT industry. The rise of NFTs has led to the development of a new NFT marketplace that will be a result of this new partnership. NFTs or non-fungible tokens have been quite popular with several people around the world […]
TL;DR Breakdown • A 14-year-old Vietnamese man has made almost $23000 from a Binance NFT exposure.• NFT exposures on Binance may increase by the end of 2021. Xeo Chu, a 14-year-old Vietnamese painter, trended a few hours ago for selling his latest work for $22899. The work titled “The Lucky Apricot Blossoms” was auctioned for […]
The concept of virtual land has been around for decades, such as with the Multi-User Dungeon games of the late 70s. These text-based games evolved into MMORPGs like Worldsaway and Dreamscape, all the way to today’s immersive virtual land experiences like No Man’s Sky or Minecraft. However, these virtual land platforms all have one thing […]
TL;DR Breakdown • Marvel will divide the NFT Collection into five sections ranging from $40 to $400.• Marvel hopes to continue to create experiments with NFTs. The Marvel superhero movie franchise has created its NFT collection supporting cryptocurrencies. The film company did not miss the opportunity to use the non-fungible tokens for its benefit and […]
The gaming industry is worth over $180 billion—and this behemoth is rapidly growing, with no signs of slowing down. As the gaming industry grows, it’s also an early adopter of many hot new technologies, from VR and AR to curved screens and the latest GPUs. The gaming industry is also an early adopter of NFTs, […]