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$APE’s rally comes amidst speculation that the NFT market may slowly be dying.
The agency’s deal with Deadfellaz is not its first in the NFT space.
EXMO CEO Sergey Zhdanov revealed that the move would have a notable impact on the company’s revenue.
The metaverse fund is expected to support web3 innovation in fields such as gaming, sport and consumer brands and collectibles.
The “Man in the Arena” collection, jointly curated with Religion of Sports and LA-based Autograph, was made available for viewing on Autograph.io on Wednesday.
Hydra Market is the largest and most widely used darknet market in the world. It was founded in 2015 and offers services such as ransomware-as-a-service (RaaS), hacking, counterfeit currency, illicit drugs, stolen crypto and personal information and software.
Since El Salvador adopted Bitcoin as legal last September, there has been speculation on which countries in the region would follow suit.
Haun’s vision for the firm is to provide more than capital for web3 projects. The firm pledges to help founders deliver “system change”.
With digital assets becoming more popular and authorities working on regulation, several hedge funds have taken an interest. Some in the investment space have called Bitcoin a hedge against inflation.
A Meta spokesperson said it was not the company’s intention to see users scammed or misled.