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Category: NFT News

The best curated daily NFT news

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The Sandbox Goes Live with Polygon Staking

In a grand new addition to its metaverse empire and as part of its initiative to move away from Ethereum Mainnet, The Sandbox is introducing Polygon staking into the mix. Now, users of the platform can stake $SAND – $MATIC pairs in order to earn a share of the staking pool. As of December 17, investors can supply Liquidity Provider […]

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Monopoly Man: Please Screenshot My NFTs

Welcome back to the Monopoly Man column here at NFT Plazas. In case you missed it, NFTs have made their way into the mainstream. No longer reserved for the crypto-minded futurists, some rather notable celebrities have recently touted some high value Apes. Amongst these celebrities are Future, Jimmy Fallon, Post Malone, Andy Milonakis, etc. Go Ahead, Screenshot My NFT While […]

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Music NFT Innovator Sound.xyz Raises $5 Million in Seed Funding

NFT music start-up, Sound.xyz, has raised a staggering $5 million in its latest round of funding, which will be used to beef up the development of its platform. The bulk of funds arrived via investment firm, a16z, with further contributions by Variant Fund and Atelier Ventures, as well as a number of angel investors, including 21 Savage, Holly Herndon and […]

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Otis House Auctions NFT-Backed Physical Collectibles

Brand new auction platform, Otis House, has listed a masterpiece painted by arguably the greatest artist of all time. The work in question, is an NFT-backed physical item by world-renowned brush maestro, Bob Ross. This prime example of fine art is one of five NFTs going under the hammer to mark the launch of the fledgling auction house and represents […]

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PhotoChromic Launches Biometrically Secured Identification NFTs

Purveyor of self-programmable digital identities, PhotoChromic, is about to launch its flagship offering. An NFT-enabled identity verification suite touted as a next-gen passport to the digital world. The idea is to store identity information accurately and securely in the form of an NFT, which users can then access through biometrics and use in place of traditional verification methods. This in […]

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$25 Million Fund Raised As Spatial Switches Focus To Metaverse Events

Spatial Systems Inc., a company formerly known for creating a VR collaboration platform, has announced a dramatic shift in the direction of its future endeavours. With the aid of a $25 million fundraise, the company will now focus on making its platform as the metaverse for cultural events such as NFT exhibitions, conferences, and branded experiences. Investors include Pine Venture Partners, […]

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The Weekly Rundown – NFT Sales December 11-17 2021

The market has been a little bit bearish right now, but builders are still building, collectors are still collecting, and artists are still minting their pieces. Some noticeable data points are that this is the first time that Axie Infinity’s weekly revenue has gone below $100M’s in the last couple of months (last week was around $99.8M, still almost $100M). […]

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Dr. Seuss NFT Collection Launches on Seussibles App

The creations of Dr. Seuss are making their way into the NFT world via a new mobile app called Seussibles. The app will allow fans to buy and sell a new collection of Dr. Seuss-inspired NFTs, which have been developed in a partnership between NFT start-up Tibles and crypto-gaming giant Dapper Labs. The Seussibles app allows its users to buy […]

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General Catalyst Lead $7 Million Investment in AR Start-Up Jadu

Augmented reality (AR) start-up Jadu recently scored $7 million in venture funding. The investment fund was led by venture capital company General Catalyst, with other contributions coming from Coinbase Ventures, The VR Fund, Guy Oseary, Sound Ventures, and more. To date, the start up has made millions of dollars selling pixelated NFT jetpacks and hoverboards. Over the weekend of December […]

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Gala Games and C2 Ventures Set Up $100M Fund For Blockchain Gaming

Gala Games and crypto investment firm C2 Ventures have partnered up to create a $100 million fund which will be used to invest in game developers, play-to-earn-games, and decentralized gaming projects. The fund will also be used to develop metaverse environments and various other projects being powered by blockchain innovations. According to analytics, the revenue of the gaming sector is […]

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