Web3-centric NFT Platform Pixel Vault Obtains $100M Investment

Pixel Vault, a web3-centric NFT platform, today announced a $100 million investment from venture capital firms Velvet Sea Ventures and 01A. The financing aims to launch the first multi-franchise NFT development platform that allows artists, creators, and collectors to participate, enabling creators and collectors to own digital content. Pixel Vault, Inc. founder and CEO GFunk … Continue reading Web3-centric NFT Platform Pixel Vault Obtains $100M Investment

Top Indonesian Football Club Enters the Blockchain Gaming Arena, Partnering with LGG

To offer its fans new experiences in the blockchain gaming sphere, two-time Indonesian football league champion Persib Bandung has partnered with Liberty Gaming Guild (LGG).   Gabriella Witdarmono, the vice president of partnership and activation at Persib, acknowledged that intertwining football and innovations like blockchain gaming is a step forward in the digital era.  She noted: … Continue reading Top Indonesian Football Club Enters the Blockchain Gaming Arena, Partnering with LGG

Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says

Compared to Ethereum’s Solidity language when developing play-to-earn (P2E) games, the ease of use of Solana’s building language- Rust will give Solana a competitive edge, according to AmioTalio- the founder of UK-based animation and game development platform Paradox Studios. With blockchain gaming continuously accelerating the metaverse narrative, AmioTalio believes that the huge funding that Solana … Continue reading Solana to Replace Ethereum in Blockchain Gaming, Paradox Studios Founder Says

Gemini Report Shows Women Lagging Behind Men in Web3 Investments

There is a big difference between male and female Web3 investors, according to a report from cryptocurrency marketplace Gemini. The report showed that women make up only 26% of Web3 investors; and 15% of bitcoin investors, even though a 2021 study by the personal loan company Stilt showed that 94% of people who own crypto … Continue reading Gemini Report Shows Women Lagging Behind Men in Web3 Investments

Luna Trading Draws Online Discussions in China Despite Crypto Ban

As the ever-evolving cryptocurrency is gaining global attraction the value of some of the world’s most prevailing digital currencies and non-fungible tokens (NFTs) has increased the curiosity of Chinese locals, even though virtual asset trading is banned in the country. Thus, the country has witnessed an increase of over 80% in the luna cryptocurrency on … Continue reading Luna Trading Draws Online Discussions in China Despite Crypto Ban

CryptoPunks Now the Most Trading NFT Collection amid Rising Floor Price

The temporary revival in the broader cryptocurrency industry, which has seen the combined crypto market capitalization surge by 4.47% to $907.97 billion at the time of writing, is also impacting the Non-Fungible Token (NFT) ecosystem.  Per data from DappRadar, the floor prices of the most prestigious NFT collections are on the rise, a trend that … Continue reading CryptoPunks Now the Most Trading NFT Collection amid Rising Floor Price

GameFi Industry Expected to Reach $2.8B by 2028

The growth and adoption of the crypto GameFi business are expected to make the game-earning non-fungible token (NFT) gaming industry reach $2.8 billion by 2028, according to Absolute Reports, a company that provides market research services. The report shows that while the cryptocurrency market is going through a “crypto winter,” WAX and Binance Smart Chain have … Continue reading GameFi Industry Expected to Reach $2.8B by 2028

Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

Leading Solana NFT marketplace Magic Eden, accounting for over 90% of secondary NFT trades on the blockchain network, announced on Tuesday that it is expanding to the Ethereum blockchain. The expansion would enable Magic Eden to integrate Ethereum NFTs into its platform. The company said that such integration would enable it to provide the same “go-to-market” benefits … Continue reading Solana NTF Marketplace Magic Eden Is Expanding to Ethereum Blockchain

75% Investors Joins Crypto Space due to GameFi, Survey Shows

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Puma Launches Metaverse Space Black Station for Displaying NFTs

Puma has entered the metaverse by launching an interactive space titled Black Station to showcase limited edition non-fungible tokens (NFTs) based on its sneakers. The NFTs on display were created by the German athletic brand’s “Futrograde” collection. They will be on display as part of the New York Fashion Week, and buyers can redeem these … Continue reading Puma Launches Metaverse Space Black Station for Displaying NFTs

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