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A Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants

The concept of leveraging a decentralized autonomous organization (DAO) has become very popular these days, as a myriad of DAO ideas have been created. A new DAO dedicated to purchasing…

Continue ReadingA Project Called Fries DAO Raises $5.4 Million to Purchase Fast-Food Restaurants

Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’

The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent…

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Japanese Online Retail Giant Rakuten Launches NFT Marketplace

Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that…

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Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days

Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out…

Continue ReadingWeekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days

Officials Attend First Lecture on NFTs at Major Turkish University

Ankara University has become the first higher education institution in Turkey to organize a course on non-fungible tokens (NFTs). The freshly-launched lecture has been attended by high-ranking government officials, local…

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Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles

On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event.…

Continue ReadingSotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles