Mogul’s Film Financing Platform Announces First Ever Movie Vote

Share this article Mogul Productions, the decentralized film financing (DeFiFi) and movie-based NFT platform, unveils its first-ever slate of films for their showcase voting. The three movies, through a promotional campaign to Mogul’s STARS token holders, will be pitching their projects to receive votes on the Mogul platform; and be crowned the second movie to receive financing through Mogul’s DeFi platform.  The blockchain-based vote, which will occur from August 5th to August 19th, will be the first time ever that cryptocurrency holders get to govern the financing of a Hollywood…

Social NFT platform DeFine raises $5M from Asian investors

DeFine, a socially oriented nonfungible token platform, has raised $5 million in strategic investments as part of a wider effort to onboard more companies to the NFT world. The raise was led by Huobi Ventures, eSports entertainment company Abyss and global game developer PearlAbyss, the company announced Tuesday. Several Asian blockchain funds also participated, including Draper Dragon, NGC Ventures and SevenX Ventures. “It is my pleasure to have these major gaming and entertainment companies in Asia as strategic investors,” said Myoung Hoon Kang, DeFine’s global operations lead. “Strategic investment and…

Bitcoin interoperability platform Interlay raises $3M in seed funding

Interlay, a Bitcoin (BTC) interoperability project that first launched on Polkadot, has concluded a $3 million seed round to further develop its flagship decentralized finance product, marking another important capital raise in the blockchain industry.  The funding will go towards supporting Interlay’s interBTC platform, which allows users to invest, earn and pay with Bitcoin on any blockchain. Originally commissioned for Polkadot, interBTC will expand to other blockchains including Ethereum (ETH) and Cosmos. As Cointelegraph reported, Interlay began building its Bitcoin bridge in early 2020 after receiving a grant from Web3…

Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding

Reports have surfaced that French NFT-based soccer trading card game developer Sorare is closing in on a $532 million funding round with a valuation of at least $3.8 billion. According to unnamed sources in Business Insider, the latest funding round is expected to be led by Japanese telecommunications giant SoftBank, along with participation from European venture capital firm Atomico. Other backers thought to be in the mix include European investment firm Eurazeo, and Blisce, a fund founded by French entrepreneur Alexandre Mars. Sorare was founded in 2018 and the firm’s…

Thales raises $2.5M for binary options platform in Synthetix ecosystem

A decentralized finance project providing binary options style trading has just completed a $2.5 million seed round. Binary options are financial instruments that allow traders to speculate on the price movement of the underlying market or cryptocurrency. There are two possible outcomes which is why they are considered binary. At launch, Thales will support markets for more than 60 different assets including cryptocurrencies, commodities, equities, and index products, before expanding into sports markets. At the time of writing, there was no mention of the specific launch date. The strategic investment…

Nifty’s Inc. launches social NFT platform with Warner Bros. partnership

The debut of Nifty’s social NFT platform came with much fanfare on Monday after the company announced a major partnership with Warner Bros. and $10 million in seed investments from some of blockchain’s biggest venture firms.  Through its Warner Bros. partnership, Nifty’s will launch a collection of limited-edition NFTs featuring characters from the upcoming movie Space Jam: A New Legacy, the company announced Monday. The movie will be released in theaters and for streaming on Friday, July 16. The Space Jam NFTs were developed with the technology of Palm NFT…

Oscar-winner Anthony Hopkins’ new film to be sold as NFT on new platform Vuele

Oscar-winner Anthony Hopkins’ new film will be tokenized and sold on an up-and-coming NFT marketplace for movies dubbed “Vuele.” The 83-year-old Hopkins has had a celebrated career and won two Oscars and two Emmys, starring in notable films including Silence of the Lambs, The Elephant Man, the Thor franchise and The Father. The new feature-length film is called “Zero Contact” and has been produced by independent film finance and production company, Enderby Entertainment. According to Enderby, the story follows five characters from around the globe “connected only by their devotion…

Boston Celtics basketball team joins fan token platform Socios

Socios, the blockchain-based platform responsible for tokenizing many popular sports franchises, has said the Boston Celtics basketball team will be joining its roster. In a Wednesday announcement from the National Basketball Association, Socios said it will have a significant presence on the Celtics’ website. Though the platform did not specifically mention it would be tokenizing players for digital collectibles, it will be using Celtics’ logos for international marketing. Alexandre Dreyfus, CEO of Socios and blockchain-based sports platform Chiliz, said this partnership with an NBA team could lead to “enhanced fan…

Ethereum Developer Platform Alchemy Integrates Polygon 

Share this article Blockchain developer platform Alchemy has launched integration for the popular Ethereum scaling solution Polygon.  Alchemy Now Supports Polygon Integration Building on Polygon just became a lot easier. The popular blockchain developer platform Alchemy has added support for the fast-growing scaling solution. By providing the same high-speed, secure infrastructure as developing on Ethereum, Alchemy’s new integration will help developers launch their existing Ethereum applications on Polygon.  Alchemy currently powers 70% of all Ethereum applications, including the likes of OpenSea, Aave, and Yearn.Finance. However, due to the expense of…

Former EU trade commissioner joins advisory board for DeFi dispute resolution platform

Phil Hogan, who served the European Commissioner for Trade for less than a year, will be joining the advisory board for the Astra protocol. In a Tuesday announcement, Astra said Hogan would be coming onto its board as an executive advisor, citing his experience in the European Commission and international relations. The project said the addition of the former EU trade commissioner would provide strategic guidance in partnerships aimed at driving growth to the decentralized finance industry. “Decentralised finance is becoming increasingly prominent across the world, but the lack of…