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Singapore-based NIFTEX, the platform that allows for the fractional trading of non-fungible tokens (NFTs), announced a $500,000 funding round led by 1kx and joined by CoinFund, MetaCartel Ventures, Sparq and Digital Currency Group (CryptoX’s parent company).The company launched its alpha version five months ago and has generated more than $2
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Currently worth $100 million, the nonfungible tokens industry is changing how the ownership and authenticity of digital assets are perceived. Leading entities in the gaming and blockchain world are already experimenting with NFTs in all sorts of ways. However, the primary goal is to prove the authenticity and ownership of
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As Kenn Bosak mentions in the launch podcast we did together with Brittany Kaiser; you must have lived
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Regular art and digital art face a similar hurdle: insufficient liquidity. A new contract rolled out by Ark.Gallery hopes to inject some fluid in the CryptoPunk market by letting people place blind bids backed by ether (ETH), called bounties, for the increasingly in-demand digital collectibles. Launched Friday, the bounties give CryptoPunk owners
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Sexy selfies and feminist GIFs are selling like hotcakes on non-fungible token (NFT) markets, but not everyone is thrilled about this trend. Blockade Games co-founder Marguerite deCourcelle, who sold more than $160,000 worth of NFTs before the NFT craze really kicked off in August 2020, launched a cypherpunk self-portrait NFT in
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Non-fungible tokens (NFTs) are vying for a bigger slice of the crypto pie. In recognition of this, the
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Place/Date: TEL AVIV, ISRAEL - September 29th, 2020 at 5:55 pm UTC · 3 min read Contact: Simplex, Source: Leading payment processor Simplex has joined forces with Worldwide Asset eXchange (WAX), making the latter’s native WAXP token purchasable on leading global trading platforms. In addition to making WAXP available
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High gas prices have become a problem for non-fungible token (NFT) marketplaces, especially as they look to mint at scale, the founder of a start-up said. Sean Papanikolas, founder of NFT marketplace Cargo, told Cryptox in an interview that the NFT sector is at an inflection point. But scalability weighs on
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In some circumstances, is yield farming with non-fungible tokens (NFTs) another term for wash trading? Yield farming is the process of getting tokens in return for providing crypto assets to fledgling marketplaces. The activity surged this summer starting with decentralized finance (DeFi) money markets like Compound. But now the game has
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