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Metaverse: NFT start-up Royal secures $55 million

Royal, an NFT music rights startup, has raised another significant amount of capital, this time from Andreessen Horowitz’s crypto investment arm. Through the startup’s cooperation with artists, users may acquire NFTs, which represent shared ownership in works by musicians. The Chainsmokers, Nas, Logic, and Kygo all make an appearance in the round. NFT music
Economy Metaverse News Technology

Metaverse: A start-up promotes NFT loan and lease services

A new metaverse startup, Pawnfi, allows customers to borrow money against their NFTs. The company also provides appraisal and liquidation services. Venture capitalists are growingly financing startups that provide loan and lease services for digital goods. Pawnfi, an alternative asset lender, recently secured $3 million in a fundraising round led by Digital Currency Group.
Cryptocurrencies Economy Metaverse News Technology

Metaverse: Axie Infinity, boosting NFT trades

Blockchain-based game Axie Infinity has seen its local crypto token assembly by 2,100% since the start of July. Last month, it displayed a market cap $7.5 billion. Previously, the company airdropped 800,000 Axis Infinity Shard (AXS) tokens to its initial adopters. Furthermore, it opened up marking capacities, permitting clients to secure their tokens and acquire […]