blockchain

blockchain

Courtesy of Autograph

Autograph—the Santa Monica-based NFT agency co-founded by superstar NFL quarterback Tom Brady—has raised $170 million in Series B funding.

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Image from Shutterstock

Non-fungible tokens—better known as NFTs—have gone mainstream in the past year, with everyone from major art auction houses to Hollywood movie studios buying into the hype.

NFTs are unique pieces of data tracked and stored on blockchains like Ethereum. They’re usually associated with digital images, such as cartoon apes or the artist Beeple’s $69 million digital collage. NFTs offer a record of ownership that is verifiable through a digital ledger, opening up a whole range of possibilities for digital assets that people can buy, sell, and transact with.

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Fan Controlled Football, a pro football league that lets spectators who own crypto call the plays in the game, has raised a $40 million Series A funding round as it looks to double its team count ahead of its upcoming second season.

Animoca Brands and Delphi Digital led the round, which included participation from investors Gemini Frontier Fund, 6th Man Ventures, Jump Crypto, Red Beard Ventures, Spartan Capital, NGC Ventures, executives at GoldenTree Asset Management and The Sandbox co-founder Sebastien Borget.

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