With maiden $42M fund, Bonfire Union wants to invest in web3 like Tencent does in Web 2.0

With maiden $42M fund, Bonfire Union wants to invest in web3 like Tencent does in Web 2.0

Mask Network, a Binance-backed startup that enables users to send cryptocurrencies and encrypted messages on established internet platforms like Twitter, has an ambitious goal: to become the corporate venture capital powerhouse in web3 as Tencent has done in Web 2.0. To that end, the five-year-old company recently completed the first close of its venture investment […]

Read more
What the NFT? VC David Pakman dumbs down the intensifying digital collectibles frenzy

What the NFT? VC David Pakman dumbs down the intensifying digital collectibles frenzy

Non-fungible tokens have been around for two years, but these NFTs, one-of-one digital items on the Ethereum and other blockchains, are suddenly becoming a more popular way to collect visual art primarily, whether it’s an animated cat or an NBA clip or virtual furniture. “Suddenly” is hardly an overstatement. According to the outlet Cointelegraph, during […]

Read more