NFTs
NFT Rentals: Why VCs Are Backing a Puzzling New Project
Animoca Brands is leading a $1.5 million bet on reNFT, a year-old decentralized autonomous organization (DAO) that lets you rent out NFTs on the Ethereum mainnet. The project is now backed by Lattice Capital, Play Ventures, MetaCartel Ventures and five other VC firms.
Soccer NFT Platform Sorare Is Being Investigated by UK Gambling Regulator
The United Kingdom Gambling Commission wrote that Sorare may have to register as a licensed gambling operator.
The Financialization of NFTs Raises Regulatory Issues
A “fantasy startup investing” platform lasted just one day in open beta, but in the process, it proved that the financialization of NFTs may be problematic.
FTX.US Launches Collectibles Arm in Boost to Solana-Based NFTs
The exchange will allow users to trade, mint, auction and authenticate Solana NFTs. Plans to support Ethereum NFTs are in the works.
Stacks Surges After NFT Push, Samsung Next Invests in Sky Mavis
Stacks surges following push into bitcoin non-fungible token (NFT) market. Samsung Next invests US$152 million in Sky Mavis despite Korean NFT gaming ban. China crypto mining clampdown continues to bite. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
NFT Rentals: Why VCs Are Backing a Puzzling New Project
Animoca Brands is leading a $1.5 million bet on reNFT, a year-old DAO that lets you rent out NFTs on the Ethereum mainnet.
Designer Eric Hu on Generative Butterflies and the Politics of NFTs
Hu’s new NFT collection, Monarchs, pulled in around $2.5 million in a pre-sale Wednesday afternoon.
South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
NFTs appear to be exempt from the crypto taxes for now because South Korea does not classify them as “virtual assets.”
Tezos to Present NFT Exhibition at Influential Art Basel Miami Beach Show
The blockchain platform will feature NFT artworks, some interactive, and include speakers and panel discussions during the three-day event.
