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2021 was an exciting year for crypto, with several well-known — some unexpected — brands entering the crypto sector. Here’s looking at you, Charmin, and your toilet paper nonfungible tokens (NFTs). The year saw its fair share of moments that had crypto enthusiasts on the edge of their seats.While many
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On Wednesday, the non-fungible token (NFT) data and analytics platform Cryptoslam raised $9 million in a capital funding round led by Animoca Brands. Cryptoslam detailed that Mark Cuban participated in the financing and Ashton Kutcher’s and Guy Oseary’s Sound Ventures joined in as well. Cryptoslam Reveals $9 Million Capital Raise, Animoca
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Nonfungible tokens, or NFTs, have become one of the most discussed markets in the crypto space this year. A recent report from Cryptox Research found that NFT sales are aiming for a $17.7 billion record by the end of 2021. This may very well be the case, as a number of
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Clinique had a problem. The brand wanted to “enter the metaverse,” but it didn’t want to do it in a way that was cringey. So, they called a woman named Cathy Hackl: The “Godmother of the Metaverse.”Her credentials? Hackl, the “Chief Metaverse Officer” of Futures Intelligence Group, has worked in
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Venture accelerator Brinc closed a $130 million funding round, led by NFT and metaverse investor Animoca Brands.Brinc closed a $30 million Series B and a further $100 million for startup investments, the company said.The funds will be used to aid Brinc’s expansion into new locations and Web 3, which includes
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Binance Smart Chain, one of the leading smart contract platforms in the blockchain market, has partnered with Animoca Brands, operator and investor of several NFT based games, to launch a joint $200 million gamefi (financialization of gaming) incubation program. The two institutions will invest $100 million each to fund and
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The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Animoca Brands and Hex Trust are partnering to provide institutional-grade wallets and financial services for online gamers, the two companies said in a press release on Thursday.Animoca Brands is a leading investor in decentralized gaming and non-fungible tokens (NFTs)—with a $2.2 billion valuation as of October. Hex Trust is a
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BusinessThe software and VC firm said Animoca Brand said it will cover the loss of 265 ETH, worth about $1.1 million.By Tanzeel AkhtarNov 24, 2021 at 2:46 p.m. UTCUpdated Nov 24, 2021 at 2:46 p.m. UTCAnimoca Brands co-founder and chairman Yat Siu (Getty Images) Source
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Blockade has also attracted investment from notable investors such as Mike Dudas, as part of 6th Man Ventures, Meltem Demirors via her personal investment firm Shiny Pony, and Christine Moy, whose day job is overseeing blockchain development at JPMorgan. Source
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