After CryptoKicks comes .Swoosh, a destination for virtual apparel and other NFT-based products, with the first drop due in January Nike has been one of the biggest fashion-world players in Web3 through RTFKT, the NFT and digital apparel startup it acquired in late 2021, and we’ve seen the apparel giant gradually bring its own brand into the space as well. Now Nike[Read more…]
Author Archives: decrypt.co
11
Nov
Nov
Investors had a brief reprieve from the deepening FTX crisis thanks to limited withdrawals and rosier inflation numbers. Top cryptocurrencies staged a small rebound Friday morning, even as more details emerged about the deepening FTX crisis. Ethereum (ETH), Dogecoin (DOGE), and Polygon (MATIC) were among those that had rallied the most in the course of[Read more…]
08
Nov
Nov
There’s a new decentralized exchange joining DeFi. After rolling out a whitelisted service for traders on Ethereum over the summer, Bebop is launching on Polygon for all users. Though the platform is backed by Wintermute, an institutional-grade market maker in the decentralized finance space, Bebop will be aimed at attracting newcomers to the sector. It’s hoping to do this through[Read more…]
04
Nov
Nov
MATIC is pumping this month in the wake of Reddit’s surging Polygon NFTs and Instagram’s Polygon integration. Polygon, an Ethereum sidechain network, is seeing major price gains for its token MATIC after Meta announced Instagram would be using the Polygon network for its upcoming in-app NFT minting feature earlier this week. According to CoinGecko data, MATIC is up roughly 20% in the[Read more…]
28
Oct
Oct
McFarlane Toys, founded by famed comic book artist Todd McFarlane as a subsidiary of his media production company, announced today its new line of digital collectibles based on McFarlene’s popular Spawn series. The McFarlane Toys Digital collection launches on December 1, 2022. “For 30 years, McFarlane Toys has led in high-quality, design-driven collectibles for some[Read more…]
20
Oct
Oct
Matthew Stafford and others get the Deadfellaz treatment as Polygon NFTs that plug into DraftKings’ fantasy football competition. With Halloween nearing, fantasy sports platform DraftKings announced today that it has partnered with Ethereum NFT project Deadfellaz and the NFL Players Association (NFLPA) to create zombified NFT versions of star players to use within DraftKings’ fantasy football game.[Read more…]
19
Oct
Oct
Reddit generated $350 million in revenue last year and sees about 50 million daily active users. At least 3 million new users have turned to crypto, scrambling to scoop up one of Reddit’s Collectible Avatars NFTs. Redditors have created more than 3 million Reddit Vault wallets to buy and trade NFT avatars, which are based on[Read more…]
10
Oct
Oct
Polygon rolled out its first public testnet for its rollup solution zkEVM, with blue-chip DeFi projects Uniswap and Aave jumping on board. Polygon announced today the release of its zkEVM public testnet, which will let developers test the deployment of privacy-enhancing zk-rollups in their decentralized applications (dApps). Zk-rollups are a much-hyped layer-2 scaling solution that promises[Read more…]
06
Oct
Oct
Polygon’s Brian Trunzo sees a broader array of NFT use cases taking hold in the future, from fashion to gaming and beyond. In the early years of the NFT space thus far, it’s been profile pictures and artwork that have yielded top-dollar sales and consistently dominated headlines. But as the market evolves and the immersive future internet of the metaverse takes[Read more…]
30
Sep
Sep
Continuing its recent rollout, tech giant Meta announced today that its NFT collectables support is now available to all Facebook and Instagram users within the United States. Meta first began enabling NFT support on its platforms in May with Instagram, and then added Facebook support in June. In both cases, the firm started with a limited number of users, but has gradually[Read more…]