ViRL NFT’s are Going Viral With WAX
In the digital world, traditional NFT’s rule the marketplace but WAX, the “King of NFT’s”, has declared ViRL NFT’s the next great innovation. Since their founding in 2017, WAX, the Worldwide Asset eXchange, has become the most popular…
Coinbase is Launching an NFT Platform. Should it Keep an Eye on Patents?
Cryptocurrency exchange platform Coinbase has announced that it is launching an NFT marketplace by the end of 2021. The company is hoping that this new venture will help with its recent troubles, including falling stock prices and a…
Fox Corp Taps Eluvio for Blockchain Tech — Who Else is in the Running?
Eluvio is a blockchain platform provider specializing in handling digital media, from creation and ownership to distribution. The startup has two issued patents for its decentralized media distribution network, which includes a partitioned…
Alibaba Launches NFT Marketplace… What’s Next?
Alibaba, the Chinese e-commerce and technology company affiliated with the Ant Group and Alipay, is one of the largest patent holders in the cryptocurrency and blockchain space, with over 800 patent assets. In early 2020, the company filed…
Gaming Companies Rush to Capitalize on NFTs
In the digital world, e-sports and gaming is fertile ground for NFTs, with opportunities for character skins, designs, and screen captures to be tokenized and transacted on the blockchain. NFTs have brought big investments in 2020, and we…
Big Time Studios Moves Fast on Patents, Secures $21M in Funding
Big Time Studios was founded in April of 2020 and boasts alumni of Epic Games, Riot Games, Blizzard Entertainment, and EA. The goal of the company is to boost adoption of cryptocurrency and NFTs in the gaming industry, while also creating…
Dapper Labs Raises $300M Amidst NFT Hype
Canadian startup Dapper Labs has developed a number of games, blockchain networks, and NFT digital collectibles platforms. Its platform, backed by patent-pending technology uses a more efficient consensus that may prove to be even more…
Verasity Announces NFT Platform. Patent Issues 6 Days Later — See the Pattern?
Non-Fungible Token (NFT) art has become a huge topic of discussion in recent weeks. As multiple industries rush to explore implementations as well as security concerns, it turns out the companies who have invested in patents may come out…
Christie’s Brings Cryptocurrency to Auctions
The world of art collecting and auctions is moving towards cryptocurrency, revealing a white space in the Patent Forecast®. In February of 2021, the prestigious Christie's auction house announced that it would be accepting cryptocurrency…
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