Pixel Vault raises $100M for NFT development platform
The developer behind popular NFT projects PUNKS Comic and MetaHero Universe, alongside investors Velvet Sea Ventures and 01A, plan to pioneer Web3 storytelling via new company. Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded multi-franchise nonfungible token (NFT) entertainment company, Pixel Vault Inc. According to Pixel Vault, the aim of the new venture is to leverage NFTs and intellectual property to tell the stories of crypto-native....
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I’m an artist that creates digital art with pixel-based graphics. I’ve always been fascinated by the idea of pixel art as a form of representational art, and I’ve studied the history of pixel art extensively. With the invention of the blockchain and NFTs, I saw an opportunity to create pixel-based land art on a new […]
Peer-to-peer NFT marketplace OpenSea has listed “A million dollar red pixel,” which, as the name suggests, is an NFT of a red pixel with a price tag of $1 million. The NFT space continues to court controversy for a multitude of reasons. But the simplicity of “A million dollar red pixel” highlights the issues to […]
Leading yield farming platform DeFi Yield Protocol has launched its highly anticipated DYP Earn Vault. The Vault is an automated yield farming contract fully integrated with Compound Protocol and supports five markets, including ETH, WBTC, USDC, USDT, and DAI. Earn Rewards on DYP Earn Vaults Users can provide an asset to the DYP Earn Vault and begin earning impressive yields on their assets. One of the unique features of the Vault is the integration with Compound protocol. When users deposit funds into the Vault, the funds are forwarded to Compound protocol in exchange for respective....
dCanvas, the largest collaborative NFT art project, is finally paving way to the public with allocation of 256 public release NFTs in its community pixel board. Moreover, the NFT owners have full control on pixel colors at specific locations and can participate in NFT-backed art piece creations via an independent DAO. As the next phase […]
Virtual worlds have become popular because they enable users to experience something that is otherwise not possible in the real world. The possibilities are endless, and we are still only scratching the surface of what can be done in virtual worlds. The next big trend in virtual property is that it will be more accessible than ever before, aided by the likes of Next Earth, which has made virtual property available to all through an NFT-based replica of Earth. Further accessibility will be made possible by a combination of technological advancements, including better rendering capabilities,....