Someone familiar with the situation stated that the cost was below the $250 million that was spent on acquiring the custody firm Metaco back in May.
The ZK rollup is constructed upon Polygon Supernets, a framework crafted to simplify the process for developers in launching specialized blockchains tailored for specific applications.
The metaverse-focused layer-1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.
The well-received initiative, which initially launched on Solana and later transitioned to Polygon earlier this year, announced its intention to fully refund all the grant funds it had received.
Blockchange Ventures took the forefront in spearheading the fundraising efforts, joined by a consortium of investors including Dispersion Capital, Symbolic Capital, Hypersphere Ventures, Iclub, and TA Ventures.
This week, there have been new reports indicating a significant deceleration in NFT trading. Additionally, Etihad Airways is set to introduce a fascinating initiative, allowing its community of frequent fliers to stake NFTs in exchange for miles.
Reddit unveiled the fourth generation of its NFT Collectible Avatars, coinciding with Amazon's expansion of its blockchain tools. Furthermore, prominent crypto influencers expressed their opinions on Threads and emphasized that they are not prepared to abandon Twitter at this time.
The company strives to empower artists in earning a livelihood from their music by tokenizing their songs on the blockchain and facilitating direct sales to their fans.
'We have only been given a similar profile picture to that of the original Azuki holders,' the DAO proposal reads.
Elena, a pseudonymous NFT researcher and artist, openly acknowledged incorporating traced pixel art into her highly anticipated collection, Atomic Ordinals.