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Bessemer Venture Partners has invested in the NFT marketplace OWND, which it found through its DAO. Better yet, this DAO had the backing of one of Silicon Valley's blue-chip venture firms, Bessemer Venture Partners. Bach Ryhl read all the crypto-related articles he could find on Medium and took a Web3 course on Udemy. Lunau Liechti, in particular, had been following the efforts of brands such as Nike and LVMH to launch NFT versions of their physical products. "We want to make it as easy to buy a Nike NFT as it is to buy a Nike sneaker online," Lunau Liechti said.
The blockchain-based creative platform StoryCo is launching a new immersive storytelling concept. People who sign up for a StoryPass (an NFT) can collect digital art and have creative control over "The Disco Ball." StoryCo just raised $6 million in a seed funding round led by VC firms Collab + Currency and Patron. At the end of "Disco Ball," NFT holders "will assume control over the infinitely expanding Disco Ball universe." Half of all net revenue from projects like "Disco Ball" would then be split among the treasury's members after its story writers and creators are compensated.
StoryCo founders Justin and J.P. Alanis are part of a wave of entrepreneurs building blockchain-based storytelling platforms. StoryCo raised a $6 million seed round from Web3-focused VC firms and Hollywood insiders. In other words, Hollywood studios have been gatekeepers to content — and profits — for far too long. StoryCo is one of several startups that see blockchain and Web3 technology creating big new opportunities for TV and film creatives. Passholders will have access to a project's treasury, which will include NFT sales, IP licensing revenue, and royalties.
Stacy Spikes told Insider he plans to put MoviePass out of beta and make it available for all by the summer. You would think Spikes would want to run as far away as possible from the movie-ticket-subscription startup. Before Stacy Spikes created MoviePass he created the Urbanworld Film Festival. I wanted to put that down because I see so many times people approach me and think MoviePass was my first business. MoviePassThe MoviePass beta version is focused on the credits system, e-ticketing, and fixing bugsWhat have been the biggest challenges in getting this beta version of MoviePass off the ground?
Crypto tokens were once a quick way for Web3 founders to cash in. Just over a year ago, Web3 startups regularly raised money by selling their own cryptocurrencies directly to the public. But now, the crypto crash has made it an inauspicious time for them to launch tokens. Common has since postponed its token launch indefinitely. Georgen said that his aspirations to launch tokens weren't primarily motivated by cashing in.
Open Forest Protocol, a Web3 climate-tech startup, has raised $4.1 million in pre-seed funding. An environmental engineer by trade, he launched a nonprofit devoted to helping reforestation projects find funding. Open Forest ProtocolFournier, Open Forest Protocol's CEO, cofounded the startup with Aureline Grange, a fellow environmental engineer at his nonprofit, and Michael Kelly, an early contributor to the Near blockchain. But on Open Forest Protocol, they can do so at no upfront cost. Here's an exclusive look at a version of the pitch deck Open Forest Protocol used to raise $4.1 million:
NEW YORK, Dec 27 (Reuters) - U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about $110 million in October by rigging the Mango Markets cryptocurrency exchange. Eisenberg was arrested on Monday night in Puerto Rico, U.S. Attorney Damian Williams in Manhattan said in a court filing. Mango is a decentralized cryptocurrency exchange run by Mango DAO that lets investors lend, borrow, swap, and use leverage to trade cryptocurrency assets. Mango soon began negotiations with Eisenberg and reached a settlement to recoup $67 million. The case is U.S. v. Eisenberg, U.S. District Court, Southern District of New York, No.
The State Bank of Vietnam (SBV) also said it will manage monetary policy in a flexible way to keep inflation at 4.5% next year, aiming to "stabilise the monetary and foreign exchange markets to ensure the safety of the banking system". Lending by Vietnamese banks rose 12.87% as of Dec. 21 from the end of last year, the SBV said in a statement. Tu said the SBV was buying dollars to boost its foreign exchange reserves, but provided no details. Vietnam does not provide regular disclosure on the size of its foreign exchange reserves. The central bank early this month raised its 14% cap on credit growth for the banking system this year by 1.5 to 2.0 percentage points, following a credit crunch in the property sector and its financial markets.
The Pentagon is working to shore up efforts to track weapons provided to Ukraine, according to three senior U.S. officials, including discussing whether to send a small number of additional U.S. troops to Ukraine. The Pentagon has a couple dozen U.S. troops in Ukraine at present, including a very small number already assigned to making sure weapons reach their intended recipients. While the U.S. troops do not travel to the front lines, they would travel outside Kyiv to scan barcodes on weapons and equipment to track supplies. The State Department also imposes caps on how many U.S. government officials — civilian and military — can live and work in other countries and that limit is low in Ukraine, officials say. “That’s ridiculous,” a U.S. defense official said, explaining that this is an “extremely limited” additional presence with a “very specific” mission.
FTX, the crypto exchange once worth $32 billion, filed for Chapter 11 bankruptcy on Nov 11. FTX, the crypto exchange reportedly worth $32 billion in February, filed for Chapter 11 bankruptcy on Nov. 11. A regulatory crackdown and the bull case for DeFiInsider asked five venture investors about their biggest takeaways from the fallout. "First, the crypto market is being de-leveraged, which paves the way for the next upturn. Risks of FTX's downfall could have been mitigated with a "hands on approach" by venture investors.
Marc Weinstein, a partner at VC firm Mechanism Capital, has cut 100 checks as an angel investor. The crypto venture firm grew from $500,000 to a peak AUM of $750 million in two years. But venture firms like Mechanism Capital say there are still tons of deals to be made. Founders who are 'catching the latest fad'The Mechanism Capital partner is focused on the team's backgrounds and what they've accomplished in the past. The firm, Weinstein included, looks for a certain level of consistency in their potential portfolio companies.
CNN Business —The big news in crypto this week came via a court filing in Texas. FTX, the crypto giant that is led by arguably the most powerful person in the industry, is under investigation by Texas regulators for selling unregistered securities. FDIC, OCC, SEC, DOL, FBI, US Treasury and IRS have all stepped up their crypto enforcement efforts. The crypto lawyer I spoke with told me that those who prefer the CFTC over the SEC fall into two camps. I interviewed Saylor last year for CNN’s crypto interactive (“The Bitcoin Billionaire” is what we dubbed him).
In the world of art, misgivings about AI have been particularly acute. Despite this widespread apprehension, Holly Herndon — an experimental musician and artist — doesn't think AI is nefarious or will ruin art. In her blog post announcing Holly+, Herndon said she envisioned a future where digitally created voices "soon become standard practice for artists and other creatives." While the project has yielded an ever-growing array of fascinating art, Holly+ also raises questions about the future of that art. (Anyone can use the Holly+ voice tool itself without submitting the output to the DAO, however.)
Ранний инвестор биткоина Мирча Попеску утонул в Тихом океане на побережье Коста-Рики. Попеску называли одним из самых консервативных сторонников первой криптовалюты – он возражал против любых изменений ее протокола. Как утверждали знакомые Попеску в 2016 году, на его счетах находилось примерно 1 млн BTC (около $1 млрд на тот момент). Сам Мирча Попеску неоднократно утверждал, что он единственный, у кого есть 1 миллион биткойнов. Сообщается, что с 2012 года Мирча Попеску начал писать статьи о биткойнах и криптовалютах.
Persons: Мирча Попеску, Попеску, Питер Велле Organizations: ETH, BTC, Bitcoin Savings & Trust, Департамент судебных расследований () Locations: , Тихий океан, КостаРики, ПлайяЭрмоса, Пунтаренас
Emilian Galaicu-Păun, 22 octombrie 2020
  + stars: | 2020-10-26 | by ( ) moldova.europalibera.org   time to read: +8 min
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