NFT

Football or soccer is by far the most popular sport in the world. Having a following of 4 billion people, more than half of the world's population comprises football fans. Loyalty to clubs and national teams as well as legendary stars attest to the enormous following. On the other end of the spectrum is blockchain technology. Primarily billed as the next step in transacting, blockchain and cryptos are pretty young, slightly over two decades old. The disruptive, cutting-edge technology revolutionizes…

Elon Musk has once again moved the crypto market after shilling another cryptocurrency on Twitter. This time around, the SpaceX CEO caused the price of adult-themed cryptocurrency CumRocket (CUMMIES) to shoot up 350% in just 10 minutes. On June 5, the celebrity investor tweeted a series of emojis that appeared to reference CumRocket going to the moon. Musk first wrote, “Canada, USA, Mexico,” which some on crypto Twitter somehow interpreted as hinting at the phrase “CUM” based on the first…

E-commerce giant Amazon has moved to elect an ex-Financial Conduct Authority(FCA) official. This action follows Amazon's job advert announcement, which seeks to venture into digital currencies. In essence, the advert included a Digital and Emerging Payments division that will enable users to swap their cash into cryptocurrencies.  Two years before, Amazon secured at least six officials from the FCA, out of which four of them came on board a year later. The four regulatory specialists work for specific positions in Amazon,…

Art.army is a crypto NFT network designed to help and connect artists, investors, gallerists, and art fans. The platform will help connect users globally with services like exchanges, auctions, buying and selling tokens with an artistic value. NFTs are some forms of digital ownership documents for Art, including music, paintings, and videos. Generally, NFT gives artists an option to grow their potential over years while all their Art is appreciated. The idea of NFT is already gaining momentum, with small pieces…

Could anyone ever imagine that a virtual piece of art would cost as much as $70 million? Well, that would have only been a pure gold sculpture a few years ago. It gets pretty unimaginable when you do not receive anything tangible for all the millions, but instead, a piece of digital artwork. That was the case during Christie’s auction house when an NFT token sold for $69 million. If you are not an adept follower of blockchain and cryptocurrency…

Stater is a Peer-to-Peer NFT lending protocol and marketplace that seeks to merge DeFi with unique NFT artwork. The platform enables lenders and borrowers to participate using their own NFTs or Stater collectibles. Uniquely, users can borrow funds using their NFTs as collateral. In this way, they gain access to liquidity without relinquishing ownership of their digital assets. What Problems Does Stater Attempt to Fix? Stater's developers took some of the most pressing issues facing NFT owners and reduced or…

DMarket is an innovative metaverse that enables millions of esport enthusiasts and gamers to trade non-fungible tokens (NFT) and virtual in-game items via a set of advanced gaming tech and FinTech features. The Los Angeles-based startup seeks to unlock the multi-billion-dollar digital assets economy for streamers, gamers, developers, brands, esport clubs, and fans everywhere. The blockchain game tech firm provides over 20 reliable payment options such as Visa, PayPal, and Mastercard, via which users can purchase NFTs and in-game items…

Aloha DeFi combines the best features of decentralized finance with the growing ROI potential of NFTs to provide users with a unique opportunity to earn effortlessly. The network allows anyone to stake its native utility token, ALOHA. In return, they receive rare collectible NFTs. Uniquely, these NFTs also offer users more control over the platform's future developments.  Aloha already sees surprising adoption. For example, users staked over 8 million ALOHA in the first 24-hours of launch. These statistics fall in…

Dubai-based Investment firm FD7 Ventures has launched a $250 million micro-fund targeting Polkadot (DOT) and Cardano (ADA) projects. This is part of the investment firm's aim to expand its existing business portfolio.  $250 million Micro Fund FD7 Ventures revealed this move in a press release on February 28, 2021. According to the report, this development was part of opening an office in Bangalore, India. FD7 wants to build a presence in Bangalore, an area widely considered the home of India's…