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Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse

Space Runners, a major metaverse fashion brand focused on NFTs, announced on Monday that it raised $10 million in a funding round co-led by Polychain and Pantera Capital. In this round, other firms, including Accel and Jump Crypto as well as other investors such as Yat Siu (Co-founder and Chairman of Animoca Brands), and Justin … Continue reading Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse

NFT Gaming Platform Fractal Raises $35m, Co-Led by Paradigm Capital

Fractal, a marketplace for gamers to discover, buy and sell digital collectables and gaming Non-Fungible Tokens (NFT), has announced the successful raise of a seed round of $35 million from prominent investors. As announced by the platform through a Blog Post, the seed round was co-led by Paradigm and Multicoin Capital, with the participation of … Continue reading NFT Gaming Platform Fractal Raises $35m, Co-Led by Paradigm Capital

a16z Floats $600m Gaming Fund

After more than a decade of actively investing in the gaming industry, Andreessen Horowitz (a16z) wants to further exert its influence in that space. In order to do this, the investment giant has floated a $600 million fund which it believes will help position it aright to tap enough market share in the more than … Continue reading a16z Floats $600m Gaming Fund

Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products

Yuga Labs, the developer of the Bored Ape Yacht Club (BAYC), has hired Chris Fortier as its VP of Product. As the new VP of product at Yuga Labs, Fortier will be responsible for developing Web3, metaverse, NFTs and product planning, the company said. The new VP of Product will also be involved in simultaneously … Continue reading Yuga Labs Hires Former Rally Executive Chris Fortier as VP of Products

Esports, Web3 Firm Ampverse Expands into the Philippines

Esports and Web3 company Ampverse has expanded into the Philippines, making it the fifth market. With the expansion, Ampverse plans to invest more than 100 million pesos in the Southeast Asian country’s local gaming and esports ecosystem.  The investment will focus on boosting esports, talent, commerce, and Web3. Ferdinand Gutierrez, CEO of Ampverse, said, “the … Continue reading Esports, Web3 Firm Ampverse Expands into the Philippines

Heroic Story raises $6 million for Web3 RPG

Heroic Story, which is a Web3 game protocol, announced on November 17 that it has successfully completed a startup financing round in the amount of $6 million. The funding round was headed by Upfront Ventures, and it featured participation from both Multicoin Capital and Polygon Technology. The cash will be used for a variety of … Continue reading Heroic Story raises $6 million for Web3 RPG

Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection

Yuga Labs, the creators of Bored Ape Yacht Club (BAYC), have announced a new collection of non-fungible tokens (NFTs) called TwelveFold. The collection features 300 tokenized computer-generated artworks on Bitcoin, with each artwork representing a base 12 art system localized around a 12×12 grid. Yuga Labs designed the collection to explore the relationship between time, … Continue reading Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection

Emmett Shear Appointed Interim CEO of OpenAI as Sam Altman Steps Down

OpenAI, a leading artificial intelligence research lab, has announced a significant change in its leadership. Sam Altman, the previous CEO, has stepped down and left the board of directors. The decision comes after the board concluded that Altman was not consistently candid in his communications, affecting their ability to fulfill their responsibilities. As a result, … Continue reading Emmett Shear Appointed Interim CEO of OpenAI as Sam Altman Steps Down

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