
October 22nd, 2025
According to Ben Gore, Christie’s COO, the launch of the fund will open more opportunities for exploring Web3 as well as provide another advantage over competitors.
Yuga Labs also mentioned that the early testing phase which includes a lot of trips would mostly include participants who are Otherdeed owners and third-party developers.
NFT trading volumes have taken a hit across the board owing to crypto winter, as OpenSea plans to downsize workforce by 20%.
Since TIME launched TIMEPieces on September 22nd, 2021, the company has dropped over 20,000 pieces of NFT.
The NFT market went big last year, getting the attention of notable names across different spheres of life. As a result of the NFT craze, the global NFT market hit $17.6 billion last year.
UnCaged Studios said that they will use these funds for the further development of the popular Solana-based game MonkeyLeague as well as release new games in future.
The secured fund, according to reports, would be used for creating data analytics, user-friendly crypto infrastructures, and financing solutions.
Due to its explosive popularity in less than two years, a VMR report predicts that the NFT market will swell to over $231 billion by 2030.
Despite that NFTs are not banned in China, stringent government policies have made it practically impossible, even for NFT businesses to thrive there.
The newly launched is not even offering gaming NFTs yet, which will reportedly be the marketplace’s planned core offering.
It is important to note that Snap is already working with developers who create playful AR filters for users using the platform.
Safe further noted that it will use the raised funds to build an ecosystem of applications and wallets by using Safe smart contract accounts via grants and accelerator programs.
The NFT marketplace will also enable parties to connect to their own digital asset wallets, including the GameStop Wallet, which was launched recently.
The role of Atomic Lab is to use secure multiparty computation encryption for the wallet.
Reddit has stated that the avatars aren’t NFTs. Thus, users do not need an existing crypto wallet to buy them.