Search results
Results from the WOW.Com Content Network
OpenSea is an American non-fungible token (NFT) marketplace headquartered in Miami. The company was founded by Devin Finzer and Alex Atallah in 2017. [1] [2] OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
In January 2022, OpenSea raised $300 million in new series C funding, propelling the company's valuation to $13.3 billion. [13] In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [ 2 ]
The top NFT marketplace plants a flag in the ground for creator royalties—but only after taking flak for considering otherwise. OpenSea Pledges to Enforce NFT Royalties After Creator Backlash ...
[9] [10] [11] ERC-721: Non-Fungible Token Standard is credited with formalizing and defining the term NFT. [12] During the standard's drafting phase, lead author Entriken held a vote among the stakeholders where different words were considered including deed, title and asset, but ultimately "NFT" was chosen for the standard's final publication ...
(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The United States Food and Drugs Administration is warning pet owners about a common medication given to pets to treat arthritis. The F.D.A. now says that the drug Librela may be associated with ...
An NFT is a data file, stored on a type of digital ledger called a blockchain, which can be sold and traded. [9] The NFT can be associated with a particular asset – digital or physical – such as an image, art, music, or recording of a sports event. [10] It may confer licensing rights to use the asset for a specified purpose. [11]