The move marks the popular memecoin generator’s first acquisition and comes days ahead of the platform's much-anticipated ICO.
The memecoin is currently trading above $0.21, about 66.13% away from an all-time high set in November 2024.
It's not the famous rapper's first foray into the industry, having been actively involved in NFTs and crypto for over a decade.
Capital will support the development of the open-world shooter "Reaper Actual," slated for release on Steam and the Epic Games Store.
Alex Atallah previously co-founded OpenSea with CEO Devin Finzer in 2018 but stepped down from the NFT marketplace in 2022.
OpenSea's new rewards program and broader utility-focused developments signal a shift from speculation to functional use cases.
The application, called Take My Ape, uses a process known as Liquifaction that allows users to take control of a Bored Ape NFT that they do not own for a limited period.
The NFT brand has had some success selling physical merchandise in major retail stores like Walmart and Target.
NFT marketplace OpenSea saw 467,322 active users last month, as its revamped OS2 platform recently exited beta stage.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Mythical Games, one of the largest blockchain gaming companies, will launch the mobile game "FIFA Rivals" on June 12.
Bored Apes creator Yuga Labs proposed terminating its ApeCoin DAO to set up a new governance entity named ApeCo.
President Donald Trump's three sons said this week that the Trump Organization "has zero involvement” with the wallet.
This is the second time this month that Yuga Labs has sold what was once considered prime web3 intellectual property.
PSG, facing off in the Champions League soccer finals this weekend, is also looking to invest in "Bitcoin entrepreneurs" and "Bitcoin ventures."
OpenSea's OS2 platform has exited beta, launching a new "Voyages" rewards program alongside the public release.
Anonymous developer "Tyler Durden" has launched @MRKT, a new TON-based NFT marketplace, inside Telegram for trading digital collectibles.
The creator of the DeGods and y00ts NFT series said he is "not ‘on the run’" while announcing his retirement.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Exchanges to support the token include Bybit, Binance Alpha, Gate, KuCoin and MEXC, with more platforms to come.
Doodles identified nine partner communities that will receive a New Blood allocation upon the DOOD airdrop, including certain BonkBot traders and Helius stakers, as well as ElizaOS contributors.
The company behind "NFL Rivals" has said that its FIFA game and a Pudgy Penguins title will be available in 2025.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Initially launching on Sui, Game Dollar is designed to power purchases, subscriptions and rewards across gaming ecosystems.
FIFA plans to launch a FIFA Blockchain that will be Ethereum Virtual Machine compatible and will power its NFT collection.
Camp Network enables users to register intellectual property onchain using a bespoke “proof of provenance” consensus mechanism.
A group of RTFKT NFT buyers sued Nike for allegedly executing a rug pull after winding down the NFT platform.
Mythical Games said in November that "FIFA Rivals" would be available this year on Apple and Android devices.
Based on Ethereum L2 Base, Zora is an onchain social media network that automatically converts posts into tokens.
Through the partnership Ubisoft and Immutable plan to launch the mobile title "Might and Magic Fates" early next year.