Web3 news, June 7: Samsung’s Web3 Discord, Metaverse crypto index, English Premier League NFT move
Bitwise, Multicoin, Matthew Ball set up Metaverse Crypto Index Fund Bitwise Asset Management, Multicoin Capital and Matthew Ball have launched the Ball Multicoin Bitwise Metaverse Index Fund, a metaverse crypto asset index and fund with 40 crypto assets. Matthew Ball describes it as a “rules-driven index that combines the best of institutional indexing approaches with […]
Web3, June 6: $50 million earned in NFT sales, $370,000 stolen in attack, $72 million raised in game
19-year old transgender artist earns $50 million selling NFTs Victor Langlois is joining the list of highly successful NFT artists making six figures. The 19-year-old transgender artist has shared that he made earned $50 million in less than a year by selling his NFTs. Langlois was one of the artists whose work was sold at a Christie’s […]
What is a token?
A token is a word that is often used to describe cryptocurrencies. But while cryptocurrencies represent a medium of exchange, tokens represent assets. Tokens can be Traded Staked Held for value But, unlike cryptocurrencies, tokens are built on top of an existing blockchain using a certain token standard, like ERC-20 or ERC-721. One of […]
What is a blockchain?
The word “blockchain” seems to be everywhere these days. Everyone, from the biggest corporations like IBM to small startups, is jumping on the blockchain bandwagon, trying to leverage the best of it for their products and clients. And even though the technology might look confusing from the outside, it really isn’t, and here’s our guide […]
Web3 news, June 1: Insider trading charge and Kanye West’s U-turn on NFTs
Ex OpenSea head of product charged with insider trading Nathaniel Chastain, former head of product at non-fungible token (NFT) platform OpenSea, has been charged with money laundering and wire fraud. Chastain is accused of making money using privileged information. He is said to have been responsible for NFTs that will be featured on the Open […]
Web3 news, May 31: Sci-fi project from Hunger Games execs, Gary Vee’s NFT venture, market outlook
‘Hunger Games’ creative execs turning new project into Web3 world In an interview with Decrypt, Cedric Nicolas-Troyan, Bryan Unkeless, Blaise Hemingway and Bryce Anderson shared their vision and plans for the upcoming sci-fi project called Runner. Runner is built to become a video game, NFT profile picture project, comic book and TV show. “While our […]
Web3 news, May 30: Prada, Balmain, Nike, market growth
This week kicks off in fashion! Major luxury brands are turning to the digital assets space in an attempt to capture potential buyers’ attention. Prada has become the latest luxury brand to launch NFTs Prada is launching its newest Timecapsule collection with a tech twist on Thursday. The Italian luxury fashion house is releasing 100 […]
May 24, Web3 news: Earvin ‘Magic’ Johnson, $37 million for metaverse app, 26 NFT trademarks
Earvin “Magic” Johnson to launch NFT collection Earvin “Magic” Johnson is joining the list of athletes and celebrities who entered the non-fungible (NFT) space. The basketball legend is releasing “The anthology: Magic Johnson” NFT collection on June 7 in partnership with NBA Top Shot. The collection will consist of 1,600 digital collectibles packs depicting the […]
Web3, May 23: eBay, GameStop, and Pharrell Williams
Ebay taps into Web3 with NFT collection An e-commerce giant eBay is releasing a collection of 13 “limited-edition” digital collectibles, containing 299 NFTs, in partnership with a Canadian hockey legend, Wayne Gretzky. Each collectible depicts a 3D animated rendering of Gretzky making one of his famous moves on the ice. […]
Web3 news: May 20: Biggest NFT conference, DAO for women and LGBTQ community, NFTs for vaccinated teens
DAO raises $4.5 million to challenge male dominance, support women, LGBTQ UnicornDAO, formed by Nadya Tolokonnikova, a founder of a Russian feminist activist band, John Caldwell and Rebecca Lamis, in March 2022, has raised $4.5 million and bought $1.4 million worth of art to support artists that come from minority groups, including women and members […]