The post A Deep Dive Into The Growing NFT Ecosystem And Some Of The Unique Innovations appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Non-fungible tokens (NFTs) have skyrocketed in popularity within the past year, eclipsing $23 billion in total volumes over the course of 2021. According to the latest DappRadar report, NFTs have continued with a similar trend this year, with the number of unique traders and sales increasing by 8% and 2%, respectively.  These metrics come as …

Dan Schulman, CEO of payments giant PayPal, thinks crypto will redefine the global financial system. The tech veteran sat down in an interview with Israeli technology publication CTech to reveal his thoughts on the burgeoning digital asset space. “I’m very excited about what crypto and digital ledger technology can do to the financial system going […]

The post PayPal CEO Gives Nod of Approval to Crypto, Expects Blockchain to Redefine Finance appeared first on Coin Bureau.

Everyone knows that the Non-fungible token space was one of the best performing crypto niches last year, a new report from Nonfungible, an NFT data company reveals the extent of the growth.

The post Report: NFT trades top $17 billion in 2021 appeared first on CryptoSlate.

The Biden Administration's executive order on crypto was surprising, and comprehensive.

In this episode, we’re joined by Temenos CTO Tony Coleman.

2021 was a fruitful year for Vietnam’s fintech sector which saw rising consumer adoption of digital financial solutions amid COVID-19 restrictions and continued investor interest in the growth prospect of

The post 5 Early-Stage Fintech Startups from Vietnam to Follow in 2022 appeared first on Fintech Singapore.

New sports sponsorship deals by crypto companies increased by 1,100% between 2019 and 2021.

The post Crypto Sponsorship in Sports Projected to Reach $5 Billion by 2026 appeared first on BitcoinChaser.

The Chairman of the U.S. Federal Reserve says that the crypto industry needs to form regulations to thwart digital assets from being used to finance terrorism and other crimes. In a testimony before the House Financial Services Committee, Fed Chair Jerome Powell says that the crypto industry, much like other prominent emerging tech markets of […]

The post Fed Chair Jerome Powell Says Cryptocurrency Needs Regulation To Prevent Terrorist Financing appeared first on The Daily Hodl.

Russia, sanctions, crypto– yes, three words that have this week informed one of the…

The post Coinbase CEO says Russian oligarchs won’t use crypto to evade sanctions appeared first on Coin Journal.

The number of brands seeking to gain a foothold in the metaverse has risen exponentially in recent months, with the likes of Nike and Disney conducting a recruitment drive to employ metaverse specialists. According to JPMorgan, annual metaverse revenue opportunities through social commerce, live events and advertising could soon surpass $1 trillion. SandStorm, the world’s largest weekly metaverse event, is determined to capitalize on this trend by paving the way for brands to establish a presence in virtual reality. The project has unveiled a new multi-chain platform to connect established and emerging brands with the top builders in the metaverse. Here Come the Brands Having recently closed a $2.5m seed round, SandStorm will debut the beta version of its live platform and NFT marketplace at next week’s South by Southwest (SXSW) festival in Austin, Texas. Built on the Polygon and Ethereum blockchains, the platform enables brands that have yet to make their presence felt in the metaverse search through a directory containing hundreds of verified Web3 builders. SandStorm will also provide white-glove service to bring brands into the metaverse and build experiences for them within popular open-world environments such as The Sandbox. “As a growing number of brands are entering the metaverse through The Sandbox, we’re seeing an increased need for a platform to connect them to Builders, Agencies, Architects, Designers, Community Managers and thousands of providers in this open ecosystem,” says the game’s co-founder and COO Sebastian Borget, who invested in SandStorm’s recent seed round alongside a swathe of VC funds. “SandStorm offers a decentralised solution for matching these needs and providing visibility to projects through meet-ups and social events in the metaverse.” Although several brands have already planted a flag in the metaverse, many remain daunted by the steep learning curve that awaits them. SandStorm intends to help such companies overcome their reservations by bridging the education gap and exploring revenue-raising opportunities via NFTs and virtual experiences. The Sandbox has been one of the runaway success stories in the burgeoning metaverse space. Primary sales of virtual land parcels in the game generated $12 million in Q4 of 2021 while secondary sales volume grew 1,685% compared to the previous quarter. Several major brands have already purchased land in The Sandbox, including luxury fashion house Gucci which is developing what it calls an interactive fashion experience “inspired by childhood memories of the search for beauty.” Reflecting on SandStorm’s vast creators’ community, CEO Steve McGarry said, “We’ve seen metaverse builders mint everything from skyscrapers and avatars to custom headphones on the platform already. We’re hyper focused on the one-of-one NFTs that take creators weeks to construct. We’re not interested in the 1,000+ collections.” Metaverse Marketing The arrival of SandStorm’s platform comes at a time when consumer brands are reinventing marketing in the metaverse. Decentraland, a rival of The Sandbox, is currently gearing up to host a virtual fashion week featuring designers such as Dolce & Gabbana, Tommy Hilfiger, Dundas and Etro. McDonald’s, meanwhile, has filed no fewer than 10 trademark applications including one for a virtual restaurant that delivers to customers’ homes. According to McGarry, SandStorm already reaches over 3 million users each month and has attracted 50 brands and over 500 builders ahead of launch. The latter have been onboarding since the platform’s Builders Program launched last October. Brands can leverage the metaverse in numerous ways, such as by releasing limited-edition digital collectibles, advertising on billboards seen by gamers, and hosting virtual experiences and rewards programs. Many commentators believe that brands who ignore the metaverse risk being left behind, invoking the cautionary tale of Blockbuster Video – a company that once turned down the chance to buy Netflix for $50 million.  

As regulators and politicians aim to prevent cryptocurrency usage by sanctioned individuals, Bitcoin alternatives display a lack of resistance.

Things to know: – We are proud to announce the arrival of Mung Ki Woo as VP Trust Services and Seth Hertlein as VP Global Head of Policy at Ledger. – Mung Ki Woo is in charge of creating and leading a new global Business Unit to offer services to Ledger consumers, and thus enhance […]