Category: Marketplace

More than 900,000 people signed up for Coinbase’s NFT platform waitlist — and it’s only day one

More than 900,000 people signed up for Coinbase’s NFT platform waitlist — and it’s only day one

So many people tried to sign onto the waiting list for Coinbase’s new NFT platform that the traffic broke the site.  “We are getting a LOT of signups — so grateful for all your interest,” wrote Coinbase’s Vice President of Product Sanchen Saxena on Twitter. “We are seeing insane loads on our servers and our […]

Continue Reading

NFL and Dapper Labs plan to launch an American football-focused NFT market: report

NFL and Dapper Labs plan to launch an American football-focused NFT market: report

The National Football League (NFL), NFL Players Association (NFLPA) and Dapper Labs, creators of the popular NFT projects like NBA TopShot and CryptoKitties, are reportedly planning to launch an American football-oriented NFT marketplace. Sports Business Journal reported on the deal Tuesday, citing anonymous sources. The site reported that the NFL and NFLPA will acquire equity in […]

Continue Reading

FTX Launches Cross-Platform NFT Marketplace

FTX Launches Cross-Platform NFT Marketplace

FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the popularity of these instruments, which […]

Continue Reading

This NFT expert explains how digital goods may have more use cases than luxury watches

This NFT expert explains how digital goods may have more use cases than luxury watches

  Franklin Fitch, Head of Growth at Blockparty, sees the commodification of culture as the future of the internet. Indeed, Fitch believes that a well executed NFT strategy could very well be a make-or-break opportunity for legacy brands as well as for the brands of the future: “When you start to connect physical events, digital […]

Continue Reading

OpenSea is first NFT marketplace to pass $1 billion in monthly trading volume 

OpenSea is first NFT marketplace to pass $1 billion in monthly trading volume 

The non-fungible token (NFT) marketplace OpenSea has surpassed $1 billion in monthly trading volume, according to data compiled by The Block.  OpenSea’s trading volume increased 286% from July to August, and it has carried the majority of NFT monthly trading volume since May of this year. The firm has already seen $1.23 billion in volume […]

Continue Reading

DraftKings launches NFT marketplace with first drop featuring Tom Brady

DraftKings launches NFT marketplace with first drop featuring Tom Brady

Daily fantasy and sports-betting company DraftKings has launched its new non-fungible token (NFT) marketplace and will host its first sale later this week.  Autograph, the NFT platform launched by football player Tom Brady, will provide content for DraftKings Marketplace’s first Preseason Access Collection. The collection will also include access passes from notable athletes like Wayne […]

Continue Reading

Blockchain dev platform Alchemy adds roster of angel investors to help lead company growth

Blockchain dev platform Alchemy adds roster of angel investors to help lead company growth

Blockchain development platform Alchemy has brought in several angel investors from different industries to advise and guide the company’s expansion efforts.   The roster of investors includes individuals from the crypto space and beyond: Chainalysis founder and CEO Michael Gronager, DoorDash founder and CEO Tony Xu, Morgan Stanley president and COO Vikram Pandit, and Dreamworks co-founder […]

Continue Reading

NFT marketplace MakersPlace secures $30 million in Series A round

NFT marketplace MakersPlace secures $30 million in Series A round

NFT marketplace MakersPlace has raised $30 million in a Series A fundraising round, the company announced Wednesday.  The round was led by Bessemer Venture Partners and Pantera Capital with participants including Uncork Capital, Coinbase Ventures, and Sony Music Entertainment.  MakersPlace plans to use the cash influx to grow its team and continue to expand its […]

Continue Reading

OpenSea secures $100 million in Series B round at $1.5 billion valuation

OpenSea secures $100 million in Series B round at $1.5 billion valuation

NFT marketplace OpenSea has raised $100 million in a Series B round led by venture capital firm Andreessen Horowitz (a16z). The new funding values the company at $1.5 billion, effectively making OpenSea a unicorn, or a startup with an over $1 billion total valuation. Participants in the round include talent and sports agency Creative Artists […]

Continue Reading