Less than three months after announcing a $16 million seed round led by Founders Fund and Paradigm, NFT music rights startup Royal has raised another major bout of funding, banking a $55 million Series A from Andreessen Horowitz’s crypto investment arm. The startup partners with musicians and allows users to buy NFTs which represent collective […]
Riot Games’ new esports president on NBA collaboration, its hit Netflix series, and NFTs
Amid a spectacle staged during the Golden State Warriors versus Toronto Raptors game on November 21, Riot Games’ new esports president John Needham sent League of Legends T-shirts parachuting down onto a packed stadium of sports fans while a cinematic trailer announced the return of one of the world’s largest esports tournaments to North America. […]
Ben Rubin explains why the Web3 era of social media will help everybody get paid
After a decade of a handful of social media companies trading what are essentially publishing tools in exchange for serving us all an endless deluge of ads, the winds of change are finally blowing.
SEC Regional Director Erin Schneider talks SPACs, Coinbase and what startups could do better
Schneider shares insight into her personal thinking about a range of issues including crypto lending, SPACs, NFTs and what startups can do to stay out of regulators’ cross hairs.
Niio announces $15M Series A following strategic partnership with Samsung Displays
Niio, a Tel Aviv-based digital art platform featuring work ranging from contemporary artists and galleries through to NFTs, announced today it has closed $15 million Series A funding in the wake of a strategic partnership with Samsung Displays, announced last week. The round was co-led by L Catterton, a joint venture between LVMH and Catterton, Entrée Capital […]
OpenSea released an app — but it’s for browsing, not buying and selling
It’s a big day for the Amazon of the decentralized internet — OpenSea now has an app for iOS and Android. For most companies, having a mobile app is a milestone you’d reach before hitting a $1.5 billion valuation. But like any store — whether you’re selling NFT art or not — there’s a hefty […]
For the love of the loot: Blockchain, the metaverse and gaming’s blind spot
The way NFTs are currently being discussed in relation to gaming are very much in danger of Killing the core gameplay loop via a financial fast track.
NFT – Nothing For Tons (of Cash)
If you thought the NFT mania was nutty before….. As Matthew Levine put it:
“Another model is that the value in an NFT comes from a concept, and the value in a fractionalized NFT comes from, like, two concepts. “Take an object / Do something to it / …
The Loot project flips the script on NFTs
Editor’s note: Kyle Russell is the founder of Playbyte, a startup building an app that lets people make games on their phones. Last Friday, Dom Hofmann tweeted the launch of Loot, one of his new projects looking at games and game creation through the lens of NFTs: LOOT – randomized adventurer gear– no images or stats. […]
CryptoPunks creator inks representation deal with major Hollywood talent agency
One of Hollywood’s biggest talent agencies is getting into the NFT game. Larva Labs, the creator of CryptoPunks, just signed with United Talent Agency (UTA) in a representation deal that will bring one of the earliest and most iconic NFT projects into the entertainment and branding worlds. “I would say that it is one of […]