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Art Blocks, the computer-generated digital art market where chromatic squiggles have commanded millions of dollars, raised $6 million in an equity round co-led by Galaxy Interactive, Galaxy Digital’s entertainment-focused venture fund.Calderon said on CryptoX’s “Opinionated” podcast that Art Blocks received investments from venture capital firms True Ventures, Collab Currency and
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“The songs are going to be placed in an LLC, and you will be a member of the LLC,” said Pialy Aditya, Republic’s chief strategy officer, in an interview. “You will have a share of ownership in that song, and a right to the royalty on the back end.” Original Source
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Most of us have heard about Beeple’s Everydays: The first 5000 days selling for a whopping $69.3 Million dollars but most of us don’t realize the significance of that astronomical number. To put it into perspective, compared to traditional art, only 100 paintings have sold at a higher price than
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The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency.The report, published on Oct. 4 by BoA subsidiary, BofA Securities, offers a nuanced appraisal of the digital asset sector that highlights innovation taking place within the decentralized finance (DeFi)
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Last week, TikTok announced its first foray into the world of non-fungible tokens (NFT) with “TikTok Top Moments” – a set of digital collectibles tied to short videos from Lil Nas X, Grimes, Bella Poarch and more.For the NFT business, it felt like a big deal. Crypto is fueled by
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In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became an extremely popular forum after the members played a major role in the Gamestop short squeeze escapade. In recent times, the founder of WSB, Jaime Rogozinski has been behind a new decentralized finance project called the Wallstreetbets Dapp
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sponsored The red planet is a mystery to man and his obsession with it has created many legends and myths over the centuries. As the US’s Perseverance rover lands on Mars and drills its first Martian rock core for NASA, interest in Mars is at an all-time high, and pioneers
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Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go into safe-haven assets, such as treasury bonds
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Dogecoin (DOGE) co-founder Billy Markus has set his sights on nonfungible tokens (NFTs) and an Ethereum-to-Dogecoin bridge to help bring about for mass adoption of the meme coin. In a Sept. 30 tweet, Markus emphasized the importance of completing the Ethereum-Dogecoin bridge so that the asset could be integrated with
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The Lobkowicz NFTs will feature historic pieces that tell stories digitally and will include a painting with a hidden story and a musical piece that has been unheard for 250 years. That piece was composed by Anna Maria Wilhelmina Althann, the wife of Philipp Hyacinth, who was a prince during
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