Web3 Entertainment Studio Toonstar to Release NFT-Backed TV Series ‘Space Junk’
The animated show about trash collectors in space was written by “Workaholics” producer Dominic Russo and stars "Napoleon Dynamite" actor Jon Heder. Source
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NFTBacked
Azuki Raises $2.5M with NFT-Backed Golden Skateboard Sale
Azuki is the fifth most popular NFT collection of all time by sales volume, with 266,000 ETH (approx. $355 million) in sales since its launch in January. The collection is currently holding onto a floor price of 11.5 ETH, down from its high of 29 ETH in May, according to
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Genesis issues $6M NFT-backed loan to Meta4 Capital
Genesis Global Capital has completed one of its first purely NFT-backed loans for $6 million to Meta4 Capital, a Miami-based Web3 focused investment management firm. This loan is notable not just for its amount but for solely using nonfungible tokens (NFTs) as collateral instead of including broader liquid collateral. Meta4
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Arcade Raises $15M to Offer NFT-Backed Loans
“Arcade’s collateralization of this new asset class will incentivize the participation of new entities from both the traditional and digital art and finance worlds, including institutional lenders, high-net-worth individuals, DAOs, companies with NFTs on their balance sheets and NFT collectors and creators,” said Pantera Capital principal Lauren Stephanian in a
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Reddit Seeks Senior Engineer for Platform That Features ‘NFT-Backed Digital Goods’ – Bitcoin News
On Friday, American social news aggregation and discussion website, Reddit published a job listing seeking a senior backend engineer for a non-fungible token (NFT) platform. As part of Reddit’s development team, the new hire would help “design, build and ship backend services for millions of users to create, buy, sell
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