NFT Gaming ‘Unicorn’ Animoca Raises Another $50M From Coinbase, Others

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Animoca extends its recent $88.88 million funding round with a second tranche, bringing in Coinbase Ventures and other investors. Coinbase Ventures—the investment arm of the popular cryptocurrency exchange—is one of the major new investors backing Animoca with this extended round, along with Samsung Venture Investment Corporation and Razer’s zVentures. Other investors revealed in this latest round include Korea Investment Partners, Blue Pool Capital, Scopely, Liberty City Ventures, Gobi Partners, and Token Bay Capital.

Animoca Brands focuses on blockchain-based video games built around non-fungible tokens (NFTs), which allow for player-owned economies, play-to-earn gameplay models, and interactive items that can be bought and sold. While many NFTs take the form of artwork or video clips, video game NFTs can be character skins/outfits, weapons, plots of land, accessories, trading cards, and plenty more.source

[Papusha20]

THE MOON, a music and arts festival. It’s a collaboration between NFT marketplace KnownOrigin, NFT tastemaker collective Illumino, and crypto consultancy firm BEAR NFT.
The festival will be hosted at KnownOrigin’s virtual headquarters within Decentraland and will feature performances by electronic

[Sumaiya2]

the largest NFT marketplaces, OpenSea, reached a record high in June. And investment in the sector continues to grow. NFT marketplace. However, NFTs have also come in for their fair share of criticism, particularly in respect of their lack of regulatory clarity, and their carbon footprint.