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Category: nft

$100 million fund

Entertainment Giant Fox Teams up With Bento Box to Manage $100 Million NFT Creator Fund

Fresh off the heels of announcing a non-fungible token (NFT) organization called Blockchain Creative Labs and a blockchain-based animated series, Fox Broadcasting Company has revealed it’s invoked a $100 million fund with Bento Box Entertainment (BBE) that aims to bolster NFT content creators. Fox and Bento Box to Fuel NFT Ecosystem With a $100 Million […]

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Fanzone

Porsche Enters NFT Market Launching Trading Card Platform Fanzone

Porsche, the German carmaker, is diversifying to digital markets through the launch of Fanzone, an NFT-based trading card market. Fanzone, built by Forward31, a Porsche company builder, seeks to capitalize on classic trading card demand. At the same time, Fanzone tries to combine this classical market with the NFT craze to offer digital products. Porsche […]

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Altcoins

NFT Craze Cools As Sales Reportedly Plunge 95% Since May

New data shows the non-fungible token (NFT) craze has hit a brick wall, with a dramatic drop in sales volume underway. NFTs took the cryptoverse by storm early this year, bringing in $1.5 billion in revenue during Q1, according to the Dapp Industry Report. Digital asset tracking website Nonfungible.com reports that NFT sales for the […]

The post NFT Craze Cools As Sales Reportedly Plunge 95% Since May appeared first on The Daily Hodl.

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