Late Stage Mature Pre IPO Unicorns -

Enjin wants to decentralize its metaverse with new $100M fund

By Helen Partz, The Efinity Metaverse Fund will focus on seed equity investments for projects building Efinity. Blockchain gaming platform Enjin is establishing a new fund to support the development of the metaverse ecosystem and make it more decentralized. Enjin, a startup behind the nonfungible token (NFT)-focused blockchain Efinity, has formed a $100-million fund to[…]

Reddit to reportedly tokenize karma points and onboard 500M new users

By Arijit Sarkar, Reddit engineer, Rahul, highlights the social media platform’s efforts to improve user interaction through various cryptocurrency initiatives. NEWS American social media giant Reddit may soon convert users’ karma points into Ethereum-based (ERC-20) tokens and onboard 500 million new crypto users in the process, according to a newly hired Reddit engineer. A series[…]

Elon Musk-named memecoin ‘Dogelon Mars’ gains nearly 4,000% in October

By Yashu Gola, The humongous bull run appeared in sync with similar price rallies across Dogecoin-inspired joke cryptocurrencies, notably Shiba Inu. ALTCOIN WATCH A so-called meme cryptocurrency named after Tesla and SpaceX CEO Elon Musk is rising in value, namely by a whopping 3,780% in October. Dubbed Dogelon Mars (ELON), the cryptocurrency reached $0.00000233 Saturday — its[…]