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According to Li, most sales of luxury artworks occur only “on paper” with no physical transferring of goods. “The ownership changes, but the pieces don’t move,” Li explained. NFTs therefore make ownership of non-fungible, real-world items easy to trade and gift, potentially disrupting traditional marketplaces or auction houses such as
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The marketplace is launching with four issuers, mostly venture capital firms in the blockchain and digital assets market, but Securitize plans to draw in firms from outside the crypto ecosystem in the future. In the coming weeks, four more issuers are expected to join, including digital wallet firm Exodus, which
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sponsored Buying a Rolex watch or a Chanel bag with Bitcoins? It becomes possible with LuxFi. With the vision to bridge the gap between real-world luxury assets and digital assets (NFTs), LuxFi has announced the planned launch of its NFT marketplace. The introduction of LuxFi’s marketplace allows everyone to buy,
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On September 24, 2021, the Fantom Foundation announced the launch of a new non-fungible token (NFT) marketplace that aims to compete with the myriad of NFT markets out there today. The market dubbed Artion is an NFT marketplace built on the Fantom network and claims to bolster “0% commissions, with
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While mostly mercenary, vampire attacks are occasionally justified as being ideological in nature. During the attack, Sushi proponents argued that a disproportionate percentage of Uniswap’s UNI tokens went to early venture capital investors, while Sushi distributed tokens more broadly to users – a system that better captures the open, permissionless
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Waggle Network, a cross-chain protocol that unlocks liquidity for post-IDO tokens, has announced a $3 million seed raise by leading investors including (but not limited to) GBV, SVC, Genesis Block Capital, Basics Capital, Bixin Ventures, NGC, AU21, Gate.io labs, MEXC, HG Ventures and Spark Digital. Waggle has also announced the addition
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On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there publicly,” Opensea informed the public on
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The Swiss Financial Market Supervisory Authority, or FINMA, announced their approval for regulated Swiss exchange SIX to launch a digital asset marketplace and central securities depository built on distributed ledger technology on Friday.Initially intent on launching in the latter half of 2019, the Six exchange was slowed from progressing its
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Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level.The SOL/USD exchange rate almost reached $200 on Sept. 7 as investors continued to treat Solana as a long-term competitor to Ethereum, the world's leading smart contracts platform. More bullish evidence came on
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FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the
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