Although FTX collapsed last week, raises their ventures team contributed to are still being announced. Joepegs, an NFT marketplace on the Avalanche blockchain, raised $5 million in a seed round led by now-defunct FTX Ventures and the Avalanche Foundation, its co-founders who go by the pseudonyms Cryptofish and 0xMurloc, exclusively told ZebethMedia. “The funding from […]
Japanese messaging app Line’s non-fungible token (NFT) unit LineNext said Tuesday that it has launched a consumer-to-consumer (C2C) marketplace on the NFT platform DOSI. The C2C trading service allows users to buy and sell NFTs globally. The announcement comes nearly a year after Line said it plans to launch an NFT service in 2022 to provide a […]
The NFT market is worth tens of billions of dollars and saw rapid growth throughout the crypto bull run. NFT exchange OpenSea, led by CEO and co-founder Devin Finzer, emerged as a clear market leader, earning a $13.3B valuation in January and controlling an estimated 90% of the overall NFT market. Since then, it’s been […]
As the NFT ecosystem continues to waver, superfans and blue-chip holders are still holding on strong. But how can the digital asset sector reignite growth and appeal to new audiences? The number of NFT sales is down almost 90% from the year-ago date, according to data on NonFungible market tracker. But still, the hype is […]
