Tag: blockchain
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Are NFTs a Good Investment? Many Los Angeles VCs Aren’t Convinced
Non-fungible tokens—better known as NFTs—have gone mainstream in the past year, with everyone from major art auction houses to Hollywood movie studios buying into the hype. NFTs are unique pieces of data tracked and stored on blockchains like Ethereum…
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Fan Controlled Football Raises $40 Million to Expand Its NFT-Enabled League
Fan Controlled Football, a pro football league that lets spectators who own crypto call the plays in the game, has raised a $40 million Series A funding round as it looks to double its team count ahead of its upcoming second season. Animoca Brands and…
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Staples Center Will Become Crypto.com Arena as the Blockchain Expands Deeper Into LA’s Creative Industries
Merry Christmas, Los Angeles. On December 25, the sports and entertainment mecca once known as Staples Center will officially be re-christened The Crypto.com Arena. It will stay that way for at least the next 20 years, according to the contract signed…
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Afterparty’s New Tool Aims to Make It Easy to Create Crypto Tokens and Tickets
The founders of Afterparty see themselves as on the forefront of a so-called “Web 3,” a reimagined internet that relies less on private intermediaries like Google and Facebook, and enables more direct connections between creators and their fans throug…
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Anthony Hopkins’ New Film Is an NFT
A new film about a tech titan starring Anthony Hopkins is being released next month, not on Netflix or in theaters but on an NFT platform.L.A.-based startup Vuele is releasing “Zero Contact,” a film featuring Hopkins as a character whose secret invent…
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By Turning Tweets Into NFTs, Cent Capitalizes on Digital Currency Movement
Whether Jack Dorsey intended it or not, when the Twitter founder sold his first tweet as a non-fungible token (NFT) for nearly $3 million in March, he helped to bring the blockchain-based financing technology mainstream. He also gave a the company…
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Dibbs Raises $13 Million for Their Fractional NFT Marketplace
What if you could own a small portion of a Mickey Mantle or Stephen Curry rookie card? A new marketplace for sports cards and NFTs wants to allow users to do exactly that.El Segundo-based Dibbs, which brands itself as “the only real-time fractional sp…
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DressX’s Snapchat-like Filters Lets Users Dress in Couture Fashion
Daria Shapovalova and Natalia Modenova want to sell you clothes, but not the type that hangs in your closet. Their virtual outfits can be cropped into your next Instagram post to make followers think you paid thousands of dollars for a dress designed …
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Playform’s New LA-Based CEO Aims to Create More AI Products for Artists
Mattia Cuttini’s “Produkt Hi-res-50-10” is a culmination of the Italian visual artist’s 12 years of creative experimentation with rubber stamps and Xerox machines, which he sold earlier this year for over $5,000 on digital art marketplace SuperRare. B…
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The First NFT To Be Minted from Human Poop Will Fund Autism Research
Just when the world thought the NFT craze couldn’t get more strange, Matty Mo walked into the picture.The contemporary artist announced an auction of his new non-fungible token “The Most Sh*ttiest NFT,” this week. The NFT, a 360-degree video of a scul…