Gary Vaynerchuk expects NFTs to expand beyond digital collectibles long term

Gary Vaynerchuk expects NFTs to expand beyond digital collectibles long term

Welcome back to Chain Reaction, a podcast that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. For this week’s episode, Jacquelyn interviewed Gary Vaynerchuk, better known as Gary Vee. He is the chairman of […]

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NFT avatar enabler GoodGang has the blessings of Korean giants Kakao and Naver

NFT avatar enabler GoodGang has the blessings of Korean giants Kakao and Naver

Critics have long discredited non-fungible tokens as overpriced JPEGs sold by people who want to make quick bucks. NFT believers want to prove them wrong and show that these certificates of digital art stored on the blockchain, a distributed, immutable database, have real use cases. Their efforts often involve integrating NFTs into applications already with […]

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NFT spinoff from newspaper SCMP gets funded to tokenize historical artifacts

NFT spinoff from newspaper SCMP gets funded to tokenize historical artifacts

When an NFT series commemorating the handover of Hong Kong from the U.K. to China generated $260,000 in sales, Artifact Labs, the startup that launched the collection, saw the long-term potential of tokenizing historical artifacts and making them immutable and accessible to the public. Artifact was born out of South China Morning Post, Hong Kong’s […]

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Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

Magic Eden launches Bitcoin marketplace as Ordinal inscriptions continue to grow

Magic Eden, one of the largest cross-chain NFT platforms, launched a Bitcoin marketplace for digital artifacts, the company shared on Tuesday. “We are already a multichain platform and believe that adding Bitcoin will connect us to a deep community of people and a rapidly growing collectibles market thanks to Ordinals,” Zhuoxun Yin, COO and co-founder […]

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Ant veteran turns to NFT verification for SXSW festival VIP feast

Ant veteran turns to NFT verification for SXSW festival VIP feast

As funding into web3 projects cool down during the crypto winter, startups in the space are increasingly focused on building bridges for mass adoption and exploring revenue opportunities to stay afloat. The key to driving mass adoption? Offer experiences that are so seamless that users don’t realize blockchain is involved. One company that is demonstrating […]

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Tensor raises $3M for Solana-focused NFT trading platform

Tensor raises $3M for Solana-focused NFT trading platform

Tensor, a Solana-centric NFT trading platform, has raised $3 million in a seed round led by Placeholder, the team exclusively shared with TechCrunch. The startup was co-founded by Ilja Moisejevs and Richard Wu, bringing a collective 10 years of experience in working on trading infrastructure and data-intensive systems. Until this point, Tensor was bootstrapped off […]

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NBA Top Shot creator to face lawsuit around securities status

NBA Top Shot creator to face lawsuit around securities status

Dapper Labs, the company behind many popular NFT collectible projects, will face a lawsuit accusing it of selling unregistered securities. In particular, the company has developed popular NFT game NBA Top Shot and one of the original NFT collectible game CryptoKitties. A class-action lawsuit was first filed against Dapper Labs in 2021. The company filed […]

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Spotify is testing playlists that could be unlocked by NFT holders

Spotify is testing playlists that could be unlocked by NFT holders

Unlocking exclusive access has been a long-held promise of a lot of NFT-based communities. And now, Spotify is helping some of them realize that claim with token-gated playlists. According to a series of tweets by Kingship, a metaverse band signed to Universal Music Group (UMG), the streaming company is piloting playlists that could be unlocked […]

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