What Is NFTFi?
NFTFi is still nascent, and there is great potential for building innovative models for unlocking additional NFT utility.
On-Chain Spread Trading Platform Pear Protocol Raises $1.25 Million in Seed Investment Round
Pear Protocol, an on-chain spread trading platform, has raised $1.25 million in its latest seed investment round. The dapp will launch on Ethereum layer-2 Arbitrum and will allow traders to use their entire portfolio as collateral to cover various positions, making it easier to pair trade on decentralized derivative platforms.
Mastercard Launches NFT-Gated Musician Accelerator Program
Mastercard has announced a new artist accelerator program that is non-fungible token (NFT)-gated and only accessible to holders of its Mastercard Music Pass NFT. The limited-edition NFT is free until the end of the month and was created in collaboration with Polygon, offering free access to educational materials, unique AI tools, and other experiences. The program was designed to help users better understand and trust how blockchain and digital assets are used, and to connect people and build communities around shared universal passions. Mastercard has been a long-time supporter and early adopter of Web3 technologies and has already selected five artists from different genres globally to participate in the program. This development comes less than two months after both Mastercard and Visa announced that they would be delaying all new crypto and blockchain partnerships until improved market conditions and a more established regulatory framework.
Web3 Buzzwords & Social Trends To Watch
Web3 do not synonymous with Blockchain. It amalgamates different technologies, becoming a catch-all term for a new, better internet. At its core, Web3 uses blockchains, cryptocurrencies, and NFTs to return control in the form of ownership to the users.
iPollo Meta Girls Party Successfully Held During Hong Kong Web3 Festival
On April 11, iPollo successfully hosted Meta Girls Party, sponsored by Huobi, during Hong Kong Web3 Festival. The party brought together many honored guests and outstanding Web3 female representatives to spend a wonderful night.
Crypto Morning Briefing: Euler Finance Opens Redemptions After Hacker Returns Funds
Binance.US To Delist Tron’s TRX Amid Rumors Of Justin Sun’s Arrest; Bruce Lee Foundation Partners With Shibuya for Web3 Presence Through NFTs
Crypto Evening Briefing: Crypto Regulation by Enforcement Is ‘Really, Really Bad,’ Says Binance CEO
Binance CEO Changpeng Zhao has said that regulation, rather than lack of clarity, is a better option for the crypto industry. However, he added that regulation by enforcement is bad.
Hong Kong Financial Secretary to Chair Web3Hub Fund Supporting Web3.0 Companies
Hong Kong Financial Secretary Paul Chan Mo-po will serve as the Chairman of Web3Hub Fund, which will support more overseas Web3.0 companies to settle in Hong Kong. The fund will be managed by a committee of experts from the fields of fintech, blockchain, and cryptocurrency. The establishment of the Hong Kong Web3.0 Association was also announced on April 11. The fund will collaborate with organizations such as the Hong Kong Science and Technology Park and the Innovation and Technology Bureau to provide one-stop services for overseas Web3.0 companies.
2023 State of Crypto Report: Introducing the State of Crypto Index
Our 2023 report aims to address the imbalance between the noise of fleeting price movements – and the data that tracks the signals that matter, including the durable progress of web3 technology.
Ethereum: The Programmable Blockchain Platform
Ethereum is a decentralized blockchain platform that was created in 2015 by Vitalik Buterin. Ethereum is often referred to as the world computer because it enables developers to build decentralized applications (dApps) on top of its blockchain network.
Gucci and Yuga Labs Otherside-themed Fashion Collaboration
Yuga Labs partners with Gucci to create Otherside-themed jewelry — a limited-edition series of physical Gucci products and associated NFTs tied into the lore of the metaverse game.
Exploring Future Realities: Reddit Launches Third-Gen NFT Collection on Polygon
Reddit has launched its third-generation NFT collection on Polygon, this time featuring over 100 artists and using the theme of future realities. Artists were given freedom to create avatars within the Snoo template frame.
Shiba Inu to Partner with Legendary Musician Scott Page
The Shiba Inu ecosystem and PawZone are partnering with legendary American musician Scott Page to launch a range of undisclosed NFT-based projects in the future. The details of the partnership are currently unknown, but speculations of an NFT collaboration have emerged. The PawZone ecosystem features Pawzaar, a native NFT marketplace on Shibarium, which is looking to host unique collections on the network. Scott Page's fascination with Web3 technology led him to create an innovative art platform called Think:NFT. PawZone will be collaborating with Page's platform in an integration expected to surpass the prominence of OpenSea, one of the world's largest NFT marketplaces.
Fortune Launches Crypto 40 Benchmark, Ranking Top Firms in Crypto Space Across Eight Categories
Fortune has launched its Crypto 40 benchmark, ranking the top 5 firms in the crypto space across eight categories, including CeFi, TradFi, VC, NFTs, Data, Infrastructure, DeFi, and Protocols. Empirical metrics and surveys of over 200 financial executives conducted by Researchscape were used to find the top 40 firms, with the Ethereum Foundation topping the Protocols category and Coinbase coming in first in the CeFi category.
Top 3 Blockchains Used in NFT Development: A Beginner’s Guide
Learn about popular NFT blockchains and the key things to consider when choosing the right blockchain for your upcoming NFT project.
Ordinal Inscriptions Reach 1 Million Milestone, Collecting $4.7M in Fees as Non-Fungible Token Trend Continues
The number of Ordinal Inscriptions, a type of non-fungible token (NFT) that allows users to inscribe Bitcoin's smallest unit, reached a milestone on April 8, surpassing the 1 million mark. The trend gained significant demand after the mining pool Luxor mined a Bitcoin block containing Ordinal inscription No. 652.
Polygon Surpasses Ethereum in Daily Active Addresses, but Faces Challenges in DeFi Space and MATIC Price Correction
Polygon outperformed Ethereum in terms of daily active addresses, with 399,950 users compared to Ethereum's 376,350. The surge in activity on Polygon can be attributed to several factors, including the performance of its dApps and the migration of y00ts NFT.
Crypto Evening Briefing: Prosecutors Urge Binance to Block Do Kwon from Liquidating Millions in Crypto
Korean prosecutors have contacted Binance, requesting it to prevent crypto fugitive Do Kwon from withdrawing funds. Prosecutors fear that Kwon will start liquidating crypto from the proceeds of selling property.
Crypto Morning Briefing: Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad
DEX Aggregator, DODO Now Allows Users to Buy Shiba Inu with Fiat; CryptoCom Adds Support for Bone/Shiba Inu Trading Pair; ApeSwap Announces the Release of ApeSwap V3
