https://t.me/nftsdefifinance

2022-07-10 19:35:09 Crawley Town’s new owners raise £3MILLION in mere hours after WAGMI United NFT launch

CRAWLEY TOWN'S new owners raised more than £3MILLION in a matter of hours thanks to a new NFT launch. Crypto group WAGMI United, led by Preston Johnson and Eben Smith, completed a takeover of the Red Devils in April.And their new project - in partnership with Adidas - went live on Friday.The idea sees fans purchase digital assets giving access to a raft of perks including voting rights on club decisions, merchandise, exclusive experiences and digital content. So far more than 9,000 of the "non-fungible tokens" have been bought using a cryptocurrency called Ether - at a cost of roughly £355 a pop.

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2022-07-09 21:59:02 3AC’s NFT dream shattered as NFT market comes crashing down!

At the peak of the non-fungible token (NFT) craze last summer, Three Arrows Capital, a giant handling ten of billions of dollars, teamed up with fictitious non-fungible token collector Vincent Van Dough to form Starry Night Capital, a fund for NFTs with a $100 million goal.But, as the market started imploding, the NFT dream of Three Arrows is more or less shattered. The court ordered liquidation, failure to pay margin calls of highly reputed crypto exchanges, resulted in the Starry Night Fund’s worth to be reduced to a fraction of what it aimed for.

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2022-07-08 21:20:10 Croatian Web3 startup offers lifetime Netflix and Spotify membership via NFTs

The subscription-based unique NFT is capped at 10,000 and buyers would receive a digital debit card along with the NFT to pay for their subscription.On Friday, Web3 subscription and ticketing solution provider Revuto announced a novel subscription model for Netflix and Spotify, using a nonfungible token (NFT) solution.These subscription NFTs can be traded on crypto exchanges as well, allowing for the growth of a secondary market for these types of NFTs. Once the NFT changes hands, the old user’s digital debit card would get canceled and the new owner would be provided with a fresh debit card.

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2022-07-07 20:43:02 NFTs to be included in EU’s new digital asset and money laundering laws

Lawmakers in the European Union (EU) continued to press the issue of digital asset regulation on Monday, July 4, with members of the European Parliament proposing new amendments to the Union’s anti-money laundering legislation which would bring NFT exchanges within the bloc’s new AML/CFT framework. Last week, EU lawmakers reached a deal on the proposed MiCA (Market in Crypto Assets) rules, which will amount to a new and comprehensive regulatory regime in the EU for digital assets with a particular focus on market abuse and manipulation. The same week, the European Council published a partial position paper on a soon-to-be-established Anti-Money Laundering Authority (AMLA) for the EU—one which would have direct authority over high-risk digital asset service providers.

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2022-07-06 21:20:53 Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot

Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K.Meta, the social media and tech company that pivoted to metaverse tech, has announced a series of actions to help it face a market downturn in the future. According to reports, Mark Zuckerberg, founder and CEO of the organization, stated that the current economic situation would change the hiring plans of the company for this year.

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