Amar Gautam and Hyperlinq Seek to Make Crypto Trading Tools Easy to Access
Amar Gautam has been involved in cryptocurrency for some time. As the CEO and founder of a firm known as Hyperlinq, Gautam seeks to consolidate multiple portfolios and provide standard financial tools to crypto traders, something that has long separated both divisions of finance.
Amar Gautam Wants to Provide a One-Stop Shop for Crypto TradersInitially born in India, Gautam also received his education in the country, and majored in computer science while in school. He began his first job right after college and developed software for both hedge funds and banks. Four years later, he began working as a specialized API trading builder.
It was around this time that the cryptocurrency space first began to gain steam, and he noticed that while many individuals began entering the digital currency arena, there weren’t that many trading tools available. This is what prompted him to start Hyperlinq in 2018.
Amar Gautam has been involved in cryptocurrency for some time. As the CEO and founder of a firm known as Hyperlinq, Gautam seeks to consolidate multiple portfolios and provide standard financial tools to crypto traders, something that has long separated both divisions of finance.
Amar Gautam Wants to Provide a One-Stop Shop for Crypto TradersInitially born in India, Gautam also received his education in the country, and majored in computer science while in school. He began his first job right after college and developed software for both hedge funds and banks. Four years later, he began working as a specialized API trading builder.
It was around this time that the cryptocurrency space first began to gain steam, and he noticed that while many individuals began entering the digital currency arena, there weren’t that many trading tools available. This is what prompted him to start Hyperlinq in 2018.
SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use of cryptocurrencies.
SEC Won’t Ban CryptocurrenciesThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, answered a question about whether there is a plan to ban cryptocurrency during a hearing before the U.S. House Committee on Financial Services Tuesday.
The four-hour virtual hearing titled “Oversight of the U.S. Securities and Exchange Commission: Wall Street’s Cop Is Finally Back on the Beat” was hosted by Committee Chairwoman Maxine Waters and Ranking Member Patrick McHenry.
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use of cryptocurrencies.
SEC Won’t Ban CryptocurrenciesThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, answered a question about whether there is a plan to ban cryptocurrency during a hearing before the U.S. House Committee on Financial Services Tuesday.
The four-hour virtual hearing titled “Oversight of the U.S. Securities and Exchange Commission: Wall Street’s Cop Is Finally Back on the Beat” was hosted by Committee Chairwoman Maxine Waters and Ranking Member Patrick McHenry.
Forwarded from TrendGuru AI
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Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
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What Is FTM?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
💵💵💵
Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
💵💵💵
What Is FTM?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
The US Bests China as the World’s Biggest BTC Miner
Up to this point in time, China has always been the dominant country when it comes to mining bitcoin. Sadly, the region has done all it can to eliminate its standing in the industry, and now it looks like another nation – the United States – has opened itself up to become the world’s primary leader in the world of bitcoin mining.
China Has Been Outdone By the U.S.China was – at one point – home to about 65 to 75 percent of the world’s crypto mining projects. It also is the home of companies like Bitmain and Canaan Creative, which are arguably two of the world’s largest providers of bitcoin mining equipment. For a while, it looked like the nation was unstoppable in the industry… Until China became hellbent on stopping itself.
For reasons that are not entirely clear, China has seemingly sought to eliminate the mining presence from its turf. While it has been argued many times that the country is looking to become carbon neutral, it is also stated by others that the nation is looking to eliminate all future competition to its new digital yuan currency and having bitcoin getting mined to such a degree certainly puts the latter in a desperate position.
Up to this point in time, China has always been the dominant country when it comes to mining bitcoin. Sadly, the region has done all it can to eliminate its standing in the industry, and now it looks like another nation – the United States – has opened itself up to become the world’s primary leader in the world of bitcoin mining.
China Has Been Outdone By the U.S.China was – at one point – home to about 65 to 75 percent of the world’s crypto mining projects. It also is the home of companies like Bitmain and Canaan Creative, which are arguably two of the world’s largest providers of bitcoin mining equipment. For a while, it looked like the nation was unstoppable in the industry… Until China became hellbent on stopping itself.
For reasons that are not entirely clear, China has seemingly sought to eliminate the mining presence from its turf. While it has been argued many times that the country is looking to become carbon neutral, it is also stated by others that the nation is looking to eliminate all future competition to its new digital yuan currency and having bitcoin getting mined to such a degree certainly puts the latter in a desperate position.
CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5%
Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!
Currently, this is the lowest commission for withdrawal to Visa cards among all cryptocurrency exchanges. This promotion will not last long, so hurry to take advantage of this opportunity and register right now!
JPMorgan: Bitcoin Is Big Only Due to Inflation
Bitcoin has risen to $66,000 per unit over the past few days. The currency is trading higher than it ever has in roughly 12 years, and everyone seems to be ogling the asset that at one point was considered a bubble and a tool for crime.
Bitcoin Is Helping People Cope with the Wounds of FiatAs of late, there is plenty of speculation regarding what could have made bitcoin surge in such a way. Some believe it’s the fact that a bitcoin-based exchange-traded fund (ETF) is now available for trading on the New York Stock Exchange (NYSE). This is the first time such a product has been issued after several years’ worth of rejections by the Securities and Exchange Commission (SEC).
However, according to analysts at financial powerhouse JPMorgan, this has nothing to do with bitcoin’s present price surge. Rather, people are getting involved in the market for one simple reason… They are worried about inflation.
Bitcoin has risen to $66,000 per unit over the past few days. The currency is trading higher than it ever has in roughly 12 years, and everyone seems to be ogling the asset that at one point was considered a bubble and a tool for crime.
Bitcoin Is Helping People Cope with the Wounds of FiatAs of late, there is plenty of speculation regarding what could have made bitcoin surge in such a way. Some believe it’s the fact that a bitcoin-based exchange-traded fund (ETF) is now available for trading on the New York Stock Exchange (NYSE). This is the first time such a product has been issued after several years’ worth of rejections by the Securities and Exchange Commission (SEC).
However, according to analysts at financial powerhouse JPMorgan, this has nothing to do with bitcoin’s present price surge. Rather, people are getting involved in the market for one simple reason… They are worried about inflation.
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VanEck Is Finally Launching Its Bitcoin Futures ETF
Key takeaways
VanEck’s Bitcoin Strategy ETF is set to launch tomorrow on the CBOE.The futures-based Bitcoin fund will be the “lowest cost” Bitcoin ETF yet. Spot-settled Bitcoin ETFs are still the ultimate goal of the Bitcoin market. A new addition is being made to the number of Bitcoin futures exchange-traded funds on the market. Today, global investment manager, VanEck, announced that it would be launching its Bitcoin Strategy ETF tomorrow – November 16 – on the Chicago Board Options Exchange (CBOE) under the ticker symbol XBTF.
Key takeaways
VanEck’s Bitcoin Strategy ETF is set to launch tomorrow on the CBOE.The futures-based Bitcoin fund will be the “lowest cost” Bitcoin ETF yet. Spot-settled Bitcoin ETFs are still the ultimate goal of the Bitcoin market. A new addition is being made to the number of Bitcoin futures exchange-traded funds on the market. Today, global investment manager, VanEck, announced that it would be launching its Bitcoin Strategy ETF tomorrow – November 16 – on the Chicago Board Options Exchange (CBOE) under the ticker symbol XBTF.
US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and the swindlers mix among the part-time investors and first-time crypto traders.”
US Senator Urges Regulators to Clamp Down on Defi and StablecoinsDuring a hearing of the Senate Banking, Housing, and Urban Affairs Committee Wednesday, U.S. Senator Elizabeth Warren (D-Mass.) called on regulators to “clamp down” on stablecoins and decentralized finance (defi) platforms “before it is too late.”She brought up stablecoins tether (USDT) and usd coin (USDC). In response to Senator Warren, Alexis Goldstein, director of financial policy at Open Markets Institute, explained that stablecoins “may not always be backed one-to-one … as the assets backing those tokens are often not real dollars.”Warren pointed out that based on Tether’s own report, “only about 10% of the assets backing its stablecoin are real dollars in the bank. 90% is something else — not real dollars.” In addition, she stressed that the report “is not actually verified by a comprehensive audited financial statement or verified by any government regulator.”While noting that “stablecoins are not always stable,” Warren described: “It’s worse than that. In troubled economic times people are most likely to cash out of risky financial products and move into real dollars. Stablecoins will take a nosedive precisely when people most need stability, and that run-on-the-bank mentality could ultimately crash our whole economy.” The senator detailed:
Defi is the most dangerous part of the crypto world. This is where the regulation is effectively absent and — no surprise — it’s where the scammers, the cheats and the swindlers mix among the part-time investors and first-time cryptotraders. Shoot, in Defi someone can’t even tell if they are dealing with a terrorist.
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and the swindlers mix among the part-time investors and first-time crypto traders.”
US Senator Urges Regulators to Clamp Down on Defi and StablecoinsDuring a hearing of the Senate Banking, Housing, and Urban Affairs Committee Wednesday, U.S. Senator Elizabeth Warren (D-Mass.) called on regulators to “clamp down” on stablecoins and decentralized finance (defi) platforms “before it is too late.”She brought up stablecoins tether (USDT) and usd coin (USDC). In response to Senator Warren, Alexis Goldstein, director of financial policy at Open Markets Institute, explained that stablecoins “may not always be backed one-to-one … as the assets backing those tokens are often not real dollars.”Warren pointed out that based on Tether’s own report, “only about 10% of the assets backing its stablecoin are real dollars in the bank. 90% is something else — not real dollars.” In addition, she stressed that the report “is not actually verified by a comprehensive audited financial statement or verified by any government regulator.”While noting that “stablecoins are not always stable,” Warren described: “It’s worse than that. In troubled economic times people are most likely to cash out of risky financial products and move into real dollars. Stablecoins will take a nosedive precisely when people most need stability, and that run-on-the-bank mentality could ultimately crash our whole economy.” The senator detailed:
Defi is the most dangerous part of the crypto world. This is where the regulation is effectively absent and — no surprise — it’s where the scammers, the cheats and the swindlers mix among the part-time investors and first-time cryptotraders. Shoot, in Defi someone can’t even tell if they are dealing with a terrorist.
Ethereum Ultra-Bullish For 2022 Following The Implementation Of EIP-1559 — Here’s Why
The supply of Ether, the native coin of the Ethereum blockchain network may be entering a deflationary regime just like it was projected with the introduction of EIP-1559. At the moment, the controversial Ethereum Improvement proposal that shipped along with other proposals in the London Hardfork Upgrade in August is removing a remarkable 6.28 ETH per minute.
In the 131 days since EIP-1559 went live on the Ethereum blockchain, almost 1.2 million ETH (currently worth over $4.4 billion) have been burned according to Ultrasound Money. At this rate, it is estimated that 3.3 million ETH will be burned in a year.
The supply of Ether, the native coin of the Ethereum blockchain network may be entering a deflationary regime just like it was projected with the introduction of EIP-1559. At the moment, the controversial Ethereum Improvement proposal that shipped along with other proposals in the London Hardfork Upgrade in August is removing a remarkable 6.28 ETH per minute.
In the 131 days since EIP-1559 went live on the Ethereum blockchain, almost 1.2 million ETH (currently worth over $4.4 billion) have been burned according to Ultrasound Money. At this rate, it is estimated that 3.3 million ETH will be burned in a year.
Unused Bandwidth Monetization Protocol PKT Cash Lands Bittrex Listing
PKT Cash, an entirely decentralized and open-source project that seeks to create a truly influence-free internet, is listing its native cryptocurrency, $PKT on Bittrex. The protocol allows its users to carry out microtransactions and buy, sell and trade bandwidth leases which are available to purchase now on Pancakeswap, and will be available to buy shortly on Bittrex.
The project was launched in 2020 with the aim of decentralizing the internet to bring free and equal access for all by developing local ISP networks where large corporations currently under-served people. Although built using Bitcoin’s codebase, PKT uses its own PacketCrypt to replace the SHA-256 hashing algorithm. It also processes transactions 10x faster than Bitcoin with very little fees.
PKT Cash, an entirely decentralized and open-source project that seeks to create a truly influence-free internet, is listing its native cryptocurrency, $PKT on Bittrex. The protocol allows its users to carry out microtransactions and buy, sell and trade bandwidth leases which are available to purchase now on Pancakeswap, and will be available to buy shortly on Bittrex.
The project was launched in 2020 with the aim of decentralizing the internet to bring free and equal access for all by developing local ISP networks where large corporations currently under-served people. Although built using Bitcoin’s codebase, PKT uses its own PacketCrypt to replace the SHA-256 hashing algorithm. It also processes transactions 10x faster than Bitcoin with very little fees.
Alium Finance Will Give Away 380,000 ALM Tokens in Honor of Listing on the MEXC Exchange
PRESS RELEASE. DeFi ecosystem Alium Finance, which combines a native multi-chain decentralized exchange and NFT marketplace, announced a massive airdrop in honor of listing on the MEXC cryptocurrency exchange. In order to participate in the free token giveaway, MX token holders must stake coins, and then they will receive the right to vote and can become one of the winners of the Alium Finance airdrop. Recipients of ALM tokens will be selected randomly, depending on the size of the balance of MX coins in the Spot Wallet.
“Partnership with such a large cryptocurrency exchange as MEXC, which today serves more than 6 million users from all over the world, is an important event for our company. We plan to expand our interaction in the future and launch new joint initiatives for the community,” commented Denis Denisov, CEO of Alium Finance.
PRESS RELEASE. DeFi ecosystem Alium Finance, which combines a native multi-chain decentralized exchange and NFT marketplace, announced a massive airdrop in honor of listing on the MEXC cryptocurrency exchange. In order to participate in the free token giveaway, MX token holders must stake coins, and then they will receive the right to vote and can become one of the winners of the Alium Finance airdrop. Recipients of ALM tokens will be selected randomly, depending on the size of the balance of MX coins in the Spot Wallet.
“Partnership with such a large cryptocurrency exchange as MEXC, which today serves more than 6 million users from all over the world, is an important event for our company. We plan to expand our interaction in the future and launch new joint initiatives for the community,” commented Denis Denisov, CEO of Alium Finance.
Fed Chair Jerome Powell Hints at Aggressive Rate Hikes After Saying ‘Inflation Is Much Too High’
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since 2018, Powell stressed that the Fed will “take the necessary steps” to ensure price stability is feasible. The Fed chair further said raising the federal funds rate by “more than 25 basis points” may be appropriate.
Powell Envisions ‘Raising the Federal Funds Rate by More Than 25 Basis Points’On March 16, 2022, the U.S. Federal Reserve increased the federal funds rate for the first time since 2018, and the central bank expects six more rate hikes this year. Inflation has jumped a great deal in the United States, in a short period of time, as the U.S. Labor Department’s February Consumer Price Index (CPI) report indicated that inflation has risen at the fastest pace since 1982.
The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since 2018, Powell stressed that the Fed will “take the necessary steps” to ensure price stability is feasible. The Fed chair further said raising the federal funds rate by “more than 25 basis points” may be appropriate.
Powell Envisions ‘Raising the Federal Funds Rate by More Than 25 Basis Points’On March 16, 2022, the U.S. Federal Reserve increased the federal funds rate for the first time since 2018, and the central bank expects six more rate hikes this year. Inflation has jumped a great deal in the United States, in a short period of time, as the U.S. Labor Department’s February Consumer Price Index (CPI) report indicated that inflation has risen at the fastest pace since 1982.
All About GADA Sale on KICK.IO
On April 20th, GADA, Cardano’s first permissionless and community-governed launchpad ecosystem, will hold a sale on KICK.IO!
GADA uses two launchpads – GADA Pro and GADA Light – to assist various projects in raising liquidity and distributing tokens in a stress-free manner.
On April 20th, GADA, Cardano’s first permissionless and community-governed launchpad ecosystem, will hold a sale on KICK.IO!
GADA uses two launchpads – GADA Pro and GADA Light – to assist various projects in raising liquidity and distributing tokens in a stress-free manner.
Could Bitcoin Drop Another $10K? Analysts Weigh In
With the price of bitcoin dropping even further and further down (at the time of writing, the world’s leading digital asset is trading for just under $38,000), many are wondering what kind of rough factors await the crypto space.
How Much Lower Will Bitcoin Go?2022 has been a rough year for BTC and its altcoin cousins, especially when one considers the fact that roughly six months ago, the granddaddy of all crypto was trading for about $30,000 more than where it presently is. Now that the Fed has announced plans to potentially hike rates by as much as 50 basis points, some analysts believe bitcoin could fall to around $10,000… maybe even less.
This is a very dramatic drop, though it’s not implausible to assume this could happen not only because of the volatility that often comes with bitcoin, but also because the asset is now taking on more of a hedge form against inflation, which is at a 40-year high. These rate hikes are designed to control inflation, and with prices once again under control, bitcoin could find itself in a rather gray area.
With the price of bitcoin dropping even further and further down (at the time of writing, the world’s leading digital asset is trading for just under $38,000), many are wondering what kind of rough factors await the crypto space.
How Much Lower Will Bitcoin Go?2022 has been a rough year for BTC and its altcoin cousins, especially when one considers the fact that roughly six months ago, the granddaddy of all crypto was trading for about $30,000 more than where it presently is. Now that the Fed has announced plans to potentially hike rates by as much as 50 basis points, some analysts believe bitcoin could fall to around $10,000… maybe even less.
This is a very dramatic drop, though it’s not implausible to assume this could happen not only because of the volatility that often comes with bitcoin, but also because the asset is now taking on more of a hedge form against inflation, which is at a 40-year high. These rate hikes are designed to control inflation, and with prices once again under control, bitcoin could find itself in a rather gray area.
Coinweb is one of the most promising projects
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K.
Peter Schiff Shares Future Outlook for Bitcoin, Ether, CryptoGold bug Peter Schiff, the chief economist and lead strategist at Euro Pacific Capital and founder of Schiffgold, has made some dire predictions about bitcoin, ether, and the crypto market in general.
Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K.
Peter Schiff Shares Future Outlook for Bitcoin, Ether, CryptoGold bug Peter Schiff, the chief economist and lead strategist at Euro Pacific Capital and founder of Schiffgold, has made some dire predictions about bitcoin, ether, and the crypto market in general.
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Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp
Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the company is launching a new NFT collection featuring Jay and Silent Bob from the filmmaker Kevin Smith’s Clerks films.
Funko to Introduce Jay and Silent Bob Non-Fungible Tokens and Corresponding Physical VersionsThe cult classic characters from the Clerks movies, Jay and Silent Bob, will be showcased in a new non-fungible token (NFT) collection released by the publicly-listed pop-culture consumer products firm Funko (Nasdaq: FNKO).Jay and Silent Bob are best known for appearing in the Clerks films, but they also appear in all of Kevin Smith’s Askewniverse movies. The duo also star in their own films “Jay and Silent Bob Strike Back,” “Jay & Silent Bob’s Super Groovy Cartoon Movie,” and “Jay and Silent Bob Reboot.”Funko announced the Jay and Silent Bob NFT collection on Friday via Twitter and Facebook and noted that the collection will drop on Tuesday, July 26, 2022. “Jay and Silent Bob x Funko Series 1 Digital Pop! coming soon to Droppp,” Funko tweeted.The website digital.funko.com gives a bit more information on the upcoming Jay and Silent Bob NFT compilation. According to the site, Funko is releasing Jay and Silent Bob digital collectibles, but also physical versions of the Jay and Silent Bob Funko Pop characters will be created as well.
Funko’s Digital Pop NFTs Join Dozens of Well Known Brands Issuing Digital Collectible Products
Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have the potential to be a “game-changer.” On Friday, Funko announced the company is launching a new NFT collection featuring Jay and Silent Bob from the filmmaker Kevin Smith’s Clerks films.
Funko to Introduce Jay and Silent Bob Non-Fungible Tokens and Corresponding Physical VersionsThe cult classic characters from the Clerks movies, Jay and Silent Bob, will be showcased in a new non-fungible token (NFT) collection released by the publicly-listed pop-culture consumer products firm Funko (Nasdaq: FNKO).Jay and Silent Bob are best known for appearing in the Clerks films, but they also appear in all of Kevin Smith’s Askewniverse movies. The duo also star in their own films “Jay and Silent Bob Strike Back,” “Jay & Silent Bob’s Super Groovy Cartoon Movie,” and “Jay and Silent Bob Reboot.”Funko announced the Jay and Silent Bob NFT collection on Friday via Twitter and Facebook and noted that the collection will drop on Tuesday, July 26, 2022. “Jay and Silent Bob x Funko Series 1 Digital Pop! coming soon to Droppp,” Funko tweeted.The website digital.funko.com gives a bit more information on the upcoming Jay and Silent Bob NFT compilation. According to the site, Funko is releasing Jay and Silent Bob digital collectibles, but also physical versions of the Jay and Silent Bob Funko Pop characters will be created as well.
Funko’s Digital Pop NFTs Join Dozens of Well Known Brands Issuing Digital Collectible Products