Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator

Venture capital firm Animoca Brands will put its weight behind fan token blockchain Chiliz Chain as it joins the network as a validator within its proof-of-stake authority protocol.Chiliz Chain is the backbone of Socios.com, the platform that operates a plethora of fan tokens for some of t ...

NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue

A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives.“I wouldn’t say the NFT market has regressed,“ Decentraland Foundation executive director ...