Chain News Daily Today TheBitTimes.com

The global non-fungible token market continues to attract institutions, businesses and prominent figures. Reid Hoffman, the co-founder of LinkedIn and a well-known venture capitalist, is the latest prominent figure to declare his foray into the burgeoning non-fungible token sector. Reid has picked a CryptoPunks profile picture as his profile image for his X account (formerly Twitter). Reid Hoffman Enters The NFT Space In an October 24 blog post, Mr. Reid Hoffman confirmed that he has eventually joined the non-fungible token space. Hoffman is a prominent American entrepreneur, investor, and author, best known as the co-founder of LinkedIn, the world’s largest professional networking service. A key figure in Silicon Valley, he is a partner at Greylock Partners and has been a prominent investor in and advocate for artificial intelligence, co-founding companies like Inflection AI. Picked this guy up a few months ago. Been investing in the space since 2013, and now excited to joi...

The global non-fungible token market has experienced a significant increase in market valuation, reaching a global market capitalization of around $7 billion. In response to the surge, institutions and capital investors have started to invest heavily in this burgeoning non-fungible token market. The blockchain gaming behemoth, Animoca Brands, is the latest venture capital to invest in the non-fungible token market, seeding heavily into the iconic non-fungible token brand, Coo Cats. Animoca Takes Control Of Cool Cats NFTs In an August 08 press release, Animoca Brands confirmed that it has strategically invested in the iconic non-fungible token brand Cool Cats. Animoca Brands is a company focused on digital property rights, particularly in the areas of blockchain, gaming, and the metaverse. It’s known for its extensive portfolio of more than 450 Web3 investments and its development and publishing of various products, including original games like The Sandbox. We have strategical...

Anichess, a community-driven, free-to-play chess gaming company and a subsidiary of Animoca Brands, has launched a new non-fungible token collection on the Ethereum blockchain network. The highly anticipated non-fungible token series has gone live on Magic Eden, one of the largest cross-chain NFT marketplaces. In this article, we shall explore more about this NFT collection. Anichess Ethernals NFTs Go Live On Magic Eden In a July 03 blog post, the Magic Eden NFT team confirmed that the Anichess Etherenals NFTs have successfully gone live on its platform. Magic Eden is one of the leading NFT marketplaces, primarily known for its dominance on the Solana blockchain, but now also supports other chains like Ethereum and Bitcoin. It allows users to buy, sell, mint, and manage NFTs. It’s also expanding into a broader web3 platform, offering Features like token trading, swaps, borrowing, and lending. Magic hits the board 🧙‍♂️♟️ Anichess Ethernal...