Gomu, a non-fungible token (NFT) infrastructure company, has closed a $5 million seed round, the company announced Wednesday. The fundraise included participation from venture capital firms Coinbase Ventures, DeFiance Capital, Saison Capital and others. A spokesperson for Gomu declined to disclose the company’s valuation. Founded earlier this summer, Gomu has launched two products, NFT Hub and Collection.xyz, which make it…
Europe-based digital asset management platform CoinShares released an experimental artificial intelligence (AI) bot on Thursday that might be able to help traders determine a fair price for some non-fungible tokens (NFT). The experimental project, called CoinShares NFTAI, aggregates different sets of data to provide a user with what it determines is a fair price for a rotating list of…
This year has been tough for everyone. Whether you’re an investor or not, the economichardships stemming from COVID-19 have been felt – supply chain issues, inflation rates, andnow interest hikes. On top of that, for crypto investors, there was Voyager and Celsiusdeclaring bankruptcy, which froze millions in customer assets, and the Luna fiasco which shookthe…
The Monuverse is taking some of the world’s most precious monuments and preserving them forever as NFTs in the digital universe. The use cases of nonfungible tokens (NFTs) have evolved from pixelated Punks and Apes to real-world applications like real estate contracts and music royalties. Another use case is surfacing as the Monuverse uses NFTs to preserve cultural heritages…