Web3 news, June 24: weekly NFT market overview

This week has definitely been less bumpy than the previous one. And with everybody visiting NFT.NYC, including our own team, even the Crypto Twitter has been awfully quiet. It doesn’t mean that there hasn’t been news, though! Because there have been many of them. First, the NFT trading volume has been mostly positive, with major […]

Web3, June 8: Solana’s $100M fund, Salesforce NFT platform, Alibaba Cloud NFT services

Solana launches $100 million fund to support Web3 startups in South Korea Solana Ventures and Solana Foundation have announced they’re launching a $100 million investment fund to finance DeFi, NFT and Web3 projects in South Korea. Why South Korea? The teams believe that “Korea is at the forefront of web3 game design and development” after […]

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.            […]

Non-fungible tokens, explained

Non-fungible tokens (NFTs) – sometimes also referred to as “nifties” – are unique tokens that can not be interchanged or broken down into smaller parts (as opposed to fungible tokens). NFTs are unique in their nature, which means there might be only one of them, the original one; they represent a unique asset on a […]

Web3 news of the day: May 5, 2022

They say Thursday is a little Friday, but in the NFT market every day is a working day. Here’s what this Thursday has brought. New Ethereum NFT project to donate all proceedings to Ukraine’s non-profits The Russian invasion of Ukraine is still ongoing, and a lot of projects try to help in any way they […]