NFTs
Dapper Labs Said to Reach $7.6B Valuation in $250M Funding Round
The company behind NBA Top Shot and the Flow blockchain, Dapper Labs, has closed a $250 million funding round to an estimated $7.6 billion valuation. Coatue led the raise, including Andreessen Horowitz, Google’s GV (formerly Google Ventures), and Version One Ventures.
Neopets Looks to NFTs to Revive Its Early-Aughts Glory
The virtual pet universe has tapped Solana’s Raydium exchange for an NFT drop high on nostalgia.
Recur Raises $50M, Largest Series A Round in NFT Space
Recur, a platform that lets users buy, collect, and resell NFTs, has raised $50 million to a total valuation of $333 million after a Series A funding round led by Digital, a metaverse investment platform backed by billionaire Steve Cohen’s family office. Co-founders and co-CEOs Zach Bruch and Trevor George discuss how they secured the funds and what they will use them for, including launching a new NFT college sports platform, NFTU. Plus, insights into NFT investment risks amid the booming NFT market.
European Football NFT Platform Sorare Raises $680M Series B
European fantasy soccer and digital collectible platform Sorare announced a $680 million Series B raise Tuesday, the largest ever in the non-fungible token (NFT) space, valuing the company at $4.3 billion. “The Hash” crew discusses the evolving NFT market as it continues to collide with global sports and the lucrative European soccer space.
No, Airdropped NFTs Cannot Empty Your Crypto Wallet
As NFT collectors learn about smart contracts for the first time, rumors and misinformation run amok.
Get Ready for Investor Fan Tokens: Polychain Backs Prysm’s Approach to ‘Social Investing’
The platform aims to let new traders follow “the best investors in DeFi.”
Solana-Based Metaverse Gaming Platform Star Atlas Closes $2M in Public Token Sale
Blockchain-based metaverse gaming platform Star Atlas has closed $2 million in a public token sale, adding to the $41 million in sales it has already raised in NFTs. These NFTs and native Atlas tokens will be issued in Star Atlas’ play-to-earn gaming platform.
European Football NFT Platform Sorare Raises $680M Series B
The raise values the company at $4.3 billion.
Metal Fans Snap Up Gwar’s ‘Scumdog’ and ‘Slave’ NFTs Amid Market Frenzy
The group’s cheapest set of NFTs sells for $20 a pop, but transferring one to a MetaMask wallet costs $125 due to the high cost of Ethereum “gas” fees.
OpenSea Scandal Shows Need for More NFT Regulation
Crypto purists may bristle at the idea, but greater oversight could foster a safer trading environment.
