Sam Altman, the former president of Y Combinator, is working on a new cryptocurrency project. The token called Worldcoin will be distributed to everyone on Earth in exchange for their eye scans. The futuristic idea already has attracted many backers in Silicon Valley, including VC investment firms Andreessen Horowitz, Day One Ventures, and LinkedIn co-founder…
Digital artist Mike Winkelmann, also known as Beeple, unveiled his next venture on Thursday, a website called WENEW, which allows people to buy and own historic moments as NFTs, and “immortalizing these moments of human achievement.” Earlier this March, Beeple made headlines after Christie’s auctioned his artwork as an NFT for $69 million. Now he’s…
The ongoing Polkadot and Kusama auctions generate a lot of buzz in the crypto community. These twin networks, founded by Ethereum co-creator Gavin Wood, give developers an advantage to create new crypto assets and decentralized applications on top of the network, which is interoperable with other blockchains. The auctions are an important step in the…
Porsche, the world-known luxury sports car manufacturer, wants to join the digital economy, to remain innovative. Now it’s eyeing NFTs, the latest investor fashion. Startup Fanzone has been launched to issue collectible non-fungible tokens (NFTs). Porsche’s digital subsidiary spun off a new minority-owned company, called Fanzone, issuing non-fungible tokens (NFTs) to collect and trade. While…
India-based DeFi startup Instadapp reported on Friday the completion of a funding round in $10 million. It was led by Standard Crypto, including Andre Cronje, the founder of crypto investing platform Yearn.Finance. The startup plans to use funds to further developing of a “middleware” layer for the DeFi ecosystem. Instadapp plays an important role in…