Burnt Finance is a crypto startup which, as a stunt, burnt a Banksy artwork and but then the NFT they’d minted for it for $400,000, double what it cost on the ‘normal’ open art market. Based on the idea that auctions for NFTs could be improved, it went on to raise $3 million for a […]
VCs eye investment in Polygon
A number of investors including Sequoia Capital India and Steadview Capital are in talks to back Polygon, which operates a framework for building and connecting Ethereum-compatible blockchain networks, by way of tokens purchase, three sources familiar with the matter told me. The investors are looking to purchase tokens worth $50 million to $150 million, sources said, requesting […]