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Yakoa, an NFT fraud detection startup, has raised $4.8 million to build tools to fight intellectual property fraud in web3, the company exclusively told TechCrunch. One of the most common attacks ...
These functions allow transfers initiated by the token owner, or an approved operator of their individual tokens. Further, developers can implement custom logic to these transfer functions, providing the functionality for NFT protocols to operate. For example, marketplaces like OpenSea, make use of approved operators to facilitate the sale of NFTs.
During the height of the breakout success of CryptoKitties and the emergence of ERC-721 tokens in 2017, an NFT marketplace called OpenSea emerged to capitalize off of the new non-fungible token standard. [46] It positioned itself early in the NFT market landscape and grew to a $1.4 billion market cap in 2021 during the then-ongoing NFT boom. [47]
The NFT ecosystem has exploded in 2021 and 2022 is off to a great start. A huge winner of this phenomenon is marketplace OpenSea, which has seen its trading volumes reach $3.25 billion in December...
After seeing him correctly predict six football games in a row, the patrons are enamored when he returns to the bar the next week and claims "football is a hobby, my real business is the stock market". He receives an influx of new business and tells his new customers that the market is "adjusting" any time the Dow-Jones Industrial Average drops.
(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.
Avatars socialising in the virtual world Second Life. The metaverse is a loosely defined term referring to virtual worlds in which users represented by avatars interact, [1] usually in 3D and focused on social and economic connection.
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