The NFTs Revolution: LuxFi Is Launching Asset-Backed NFT Marketplace for Luxu...

The NFTs Revolution: LuxFi Is Launching Asset-Backed NFT Marketplace for Luxu...

Buying a Rolex watch or a Chanel bag with Bitcoins? It becomes possible with LuxFi. With the vision to bridge the gap between real-world luxury assets and digital assets (NFTs), LuxFi has announced the planned launch of its NFT marketplace. The introduction of LuxFi’s marketplace allows everyone to buy, sell and invest in luxury assets through NFTs, with the possibility of using cryptocurrency and traditional payment methods. The phygital world of luxury evolved into an integral part of human experience. With the recent worldwide impact of the COVID-19 pandemic and the increasing....


Related News

How to Invest in LuxFi – the Luxury Asset-Backed NFT Marketplace

For many people the luxury market is out of reach. However, with LuxFi, that is no longer the case. The platform combines blockchain technology, NFTs, and a luxury goods market open to anyone, anywhere. LuxFi will mark a significant shift in the way luxury goods are traded, and how people acquire them. LuxFi is at the center of this transformation in the market. The platform aims to create a transparent, open and data-driven marketplace where users can safely transact with each other. Let’s break down all the components of LuxFi. Non-Fungible Tokens (NFTs) At....

A Review of Ekta

Ekta is one of the trending blockchain protocols that bridges the physical and digital worlds. Named EktaChain, the mainnet leverages the power of blockchain in its tokenization of real-world assets. Hence, EktaChain facilitates the representation of physical assets and their real-world value as virtual analogs. In its operation, Ekta aims to offer users a platform to build a profitable and robust portfolio of real-world assets, but on-chain, and for all budgets and types of investors. Its mission to tokenize traditional businesses, natural resources and real-world capital provides both....

Coinbase Launching NFT Marketplace With Social Features to Grow Creator Commu...

Cryptocurrency exchange Coinbase is launching a peer-to-peer marketplace for non-fungible tokens (NFTs). The Nasdaq-listed company says that “Coinbase NFT” will make “minting, purchasing, showcasing, and discovering NFTs easier than ever.” In addition, Coinbase says, “We’re going to grow the creator community exponentially, a win for artists and for fans.” Coinbase NFT to Help Grow Creator Community ‘Exponentially’ The Nasdaq-listed cryptocurrency exchange Coinbase announced Tuesday that it is launching a marketplace....

NFT Marketplace Backed by Mark Cuban Raises $13 Million in Series A

The Mark Cuban-backed non-fungible token (NFT) marketplace Mintable has raised $13 million in a Series A funding round, according to an announcement on Thursday. The Singapore-headquartered Mintable, plans to use the funds to expand its offerings, as the application already features 700,000 NFTs minted on the Mintable platform. NFT Marketplace Mintable Raises $13 Million On July 1, 2021, the NFT marketplace Mintable announced that it had raised $13 million in a Series A financing round. Investment stemmed from well known investors like Metapurse, Ripple Labs, Animoca Brands, Metakovan,....

Japan’s Top Messaging App LINE Launches Marketplace With 40,000 NFTs

Japan’s top social network and messaging app, LINE, has launched a marketplace for non-fungible tokens (NFTs). The new service allows 90 million LINE users to send and exchange NFTs with their friends. ‘LINE NFT’ Marketplace Launched LVC Corp., the operator of LINE’s crypto asset and blockchain businesses, announced Wednesday that it has launched LINE NFT, a non-fungible token marketplace available only in Japan. LINE described itself as “the fastest-growing mobile messenger app in the world.” It offers free messages, voice calls, and video calls.....