Fox Corporation backs Eluvio's $100M raise as part of its content plan for NFTs
Fox Corporation is diving deeper into the NFT ecosystem with its latest partnership. U.S. mass media company Fox Corporation has made a strategic investment in digital content management firm Eluvio to help develop Fox’s nonfungible token business.An announcement on Aug. 25 reported that Fox Corporation's investment marks the completion of Eluvio's Series A funding round at a valuation of $100 million. Eluvio is a company dedicated to managing, distributing and monetizing premium content via blockchain. Under the new agreement, Eluvio will provide the technology for Fox Entertainment’s and....
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Fox Entertainment and Blockchain Creative Labs (BCL) has announced the launch of maskverse.com, a non-fungible token marketplace and community dedicated to the entertainment series and hit singing competition “The Masked Singer.” According to Fox and BCL, the NFT marketplace and a game will be powered by the Eluvio blockchain. Fox, Blockchain Creative Labs, Eluvio Introduce The Masked Singer NFT Marketplace In mid-May, Fox Broadcasting Company, the American commercial broadcast television network, announced it was launching a non-fungible token (NFT) business called....
Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC). NFTs, Games, and Metaverse Collaborations Cryptocurrency exchange Binance and YG Entertainment Inc., a South Korean entertainment corporation, recently announced they will cooperate on various blockchain projects and will also collaborate in the NFT space. Under the terms of the agreement, Binance....
Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab's network. Filecoin has officially become the storage collaborator for the Flow Blockchain. Filecoin said in an Oct. 13 announcement that the move was a part of a push to ensure holders' and issuers' NFTs are "securely available everywhere." The announcement follows from a previous move in August in Which Dapper Labs was working to integrate Filecoin’s storage services with the Flow Blockchain. The collaboration enables Flow users to....
Washington-based Bitcoin focused HashingSpace Corporation has completed a reverse merger with Milestone International Corporation, filed its 8-K with the United States Securities and Exchange Commission, and will trade on the OTC Markets under a new ticket symbol (HSHS), according to an official release. HashingSpace Corporation merged with Milestone International Corporation as part of a reverse merger for 120,000,000 shares of common stock, and 600,000 shares of Series A Preferred Stock. The merger was completed on July 10, 2015. Timothy Roberts, Chief Executive Officer of HashingSpace....
Corporations, US presidential candidate Mitt Romney reminds us, are people. Whether or not you agree with the conclusions that his partisans draw from that claim, the statement certainly carries a large amount of truth. What is a corporation, after all, but a certain group of people working together under a set of specific rules? When a corporation owns property, what that really means is that there is a legal contract stating that the property can only be used for certain purposes under the control of those people who are currently its board of directors - a designation itself modifiable....