Nabil Al Sayed, a serial startup entrepreneur, has announced the launch on Thursday of NIFTY Souq, a new digital platform where artists and collectors of the Middle East and North Africa region can create and buy NFTs. The new NFT marketplace is going to revolutionize the music and art scene in the Gulf countries. As…
Cardano plans to make its blockchain interoperable and compete with the DeFi ecosystem based on Ethereum. Using its native altcoin (ADA), Cardano is getting closer to its decentralized finance objectives in partnership with dcSpark. dcSpark, a product-based DLT company, announced on Wednesday plans to develop a new sidechain project titled “Milkomeda” to aid cryptocurrencies not…
Meet Youssof Altoukhi, a very young entrepreneur who has launched his own coin ‘Y Coin,’ intending to set a template on how to democratize decision-making when launching a project or token. Grew up in London, Youssof, in his 16, has had a surprising various entrepreneur practice. His first move into business involved selling products to…
As the initial five Kusama parachain auction winners have been chosen between June 15th and July 20th, Moonriver, a community-driven sister network to the Moonbeam Foundation, became among them. Kusama is the sister network of Polkadot, serving as a testbed where much of the innovation is unfolding. Similarly, Moonbeam has its own sister that serves…
Led by former professional poker players, the Ascensive Assets investment firm has raised a $130 million fund to focus on the decentralized finance (DeFi). That substantially exceeds Ascensive’s first fundraising of $24 million in 2019, backed by Polkaswap, Benqi, Yield Guild Games, and JennyDAO. By the words of Ascensive Assets partner Oliver Blakey, Investors in…
After months of waiting, the initial five Kusama Parachain auctions went off without a problem. The process was conducted between June 15th and July 20th, and five winners have been chosen. Let’s take a closer look – who are they? Parachains are custom, project-specific blockchains Integrated within the Polkadot and Kusama networks. Users can customize…