October 17, 2022 By Anjali Kochhar Non-fungible token (NFT) infrastructure company Gomu has closed a $5 million seed round, the company announced Wednesday. Founded earlier this year, Gomu has launched two products, NFT Hub and Collection.xyz, which make it easier to grow NFT communities. NFT Hub provides a customizable community hub and marketplace to NFT projects, […]

October 17, 2022 By Sharan Kaur Phillora The U.S. Securities and Exchange Commission is probing Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection, over whether sales of its digital assets violate federal law, according to a report from Bloomberg, citing an unnamed source close to the matter. Here’s what we know: 

October 14, 2022 By Sharan Kaur Phillora Big Eyes Coin (BIG) is a new meme coin that will integrate sustainability into its system and practical applications. Generally, the recent volatility and fluctuation in the coin market have made almost everyone reluctant to invest in or buy any coin. However, some old and new tokens are

October 14, 2022 By Murtuza Merchant NFTs will soon be available on Instagram, Mark Zuckerberg said earlier this year. What does that imply, exactly? We don’t know for sure how Zuckerberg will add this newest development to his Frankenstein product structure because the statement was a word vomit of cliches. The odds are against it

October 13, 2022 By Anjali Kochhar The global metaverse market is expected to reach $996 billion in 2030, a new report has said. According to GlobalData, a leading data and analytics company, the metaverse market size reached a value of $22.79 billion in 2021. “As of 2021, the media and entertainment market captured a sizable

October 13, 2022 By Anjali Kochhar Even as 2022’s ruthless bear market has dealt a blow to the overall crypto market, the crypto winter has been unable to deter brands and companies around the world from venturing into the exciting world of NFTs. As per the insights shared by United States Patent and Trademark Office

October 12, 2022 By Sharan Kaur Phillora NFT project creators can now skip the tedious task of deploying their own custom smart contracts using SeaDrop, an open-source smart contract developed by OpenSea, the leading NFT marketplace. Here’s what we know:  With SeaDrop, creators have more control over the technical details, as they can add drop

October 12, 2022 By Sharan Kaur Phillora Athletes are one of the most popular celebrities to join web3 and continue to pivot to NFTs by launching their own collections. Since the success of TopShot, NFTs have become a popular way for fans to “own” a piece of their favorite athletes’ careers with a tradeable digital

October 11, 2022 By Anjali Kochhar Blockchain technology company Funganomics has signed a marketing partnership agreement with Polygon Studios with a plan to work together closely in the coming years. Work is undergoing on a new Layer 2 solution for Funganomics that will deliver scalability, sustainability and reduced infrastructure costs. At the beating heart of