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What’s not clear is how the new LimeWire will distinguish itself from existing music NFT platforms. Sound.xyz, which launched in December, is explicitly focused on communal listening and monetization. Royal, led by the producer Justin Blau, offers song royalties via crypto. Catalog is a marketplace for one-of-one audio NFTs. And
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Blockchain game development studio Metaverse Game Studios has raised $10 million in a funding round co-led by Pantera Capital, Animoca Brands, Solana Ventures and Everyrealm. Other investors included OKX Blockdream Ventures, Mechanism Capital, Morningstar Ventures, Huobi Ventures and Shima Capital. Original Source
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On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.” Bored
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The number of brands seeking to gain a foothold in the metaverse has risen exponentially in recent months, with the likes of Nike and Disney conducting a recruitment drive to employ metaverse specialists. According to JPMorgan, annual metaverse revenue opportunities through social commerce, live events and advertising could soon surpass
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Blockchain gaming firm Animoca Brands has revealed the company is breaking ties with Russian users following the Ukraine invasion that started seven days ago. Animoca Brands co-founder Yat Siu noted in an interview that the company received legal advice about the situation and the Animoca executive compared the newly sanctioned
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The Hong Kong gaming giant has received legal advice to impose restrictions, the chairman and co-founder said. Source
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The new capital will be used to scale operations, including platform and blockchain tech development, Ucollex board member Roberto Grande told CryptoX in an email. The funding will also help drive marketing efforts related to significant intellectual property (IP) partnerships, which will be announced soon. Source
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Wan Wei: Hi, Martian. The metaverse can be conceptualized as the next iteration of today’s mobile internet. It revolutionizes how we interact with one another, promotes entrepreneurship among communities and allows us to build truly inclusive societies and industries. The open metaverse, powered by Web 3, is immersive (identifiable as
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Animoca Brands, the noted investor in non-fungible token (NFT) and metaverse projects, has acquired Melbourne-based motorsport games developer Grease Monkey. Original Source
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Creating a new crypto project is dangerously easy: One needs to generate a token, pick a ticker, market it to the crypto community through coin information websites such as CoinMarketCap or CoinGecko, and then get it listed on decentralized exchanges or the thousands of new centralized crypto exchanges that will
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