Alex Coin The company funded by Microsoft, Palm NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. Studio raised a total of USD $27 million in this new round of financing. Serie B .
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noneMicrosoft, recently participated in a funding round organized by a startup that deals in cryptocurrencies and non-fungible tokens.(NFT).
Microsoft invierte en startup de NFT’s
The company organizing the investment round wasPalm NFT Studiowhich was organizing a fundraiserSerieB which was rightly led byMicrosoft,noneM12.
According to thePalm NFT StudioThe round raised a total of USD $27 million, and that capital capital is most commonly defined as the large sum of money you would use to invest. would be used to expand its team as it expands its scope of services in the entertainment, arts, games and creative culture sectors, all based on a system ofNFT a través de su propia red Blockchain, calledPalm.
In this regard, the co-founder and CEO ofPalm NFT StudioDan Heyman, reiterated his commitment to the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. collectibles space, seeing it as a sector that will open up room for great innovation in the years to come:
“Three years from now, most NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). will be distributed for free. We will see a shift from NFTs as exclusive collectibles to mass community participation, and Palm NFT Studio is leading that evolution. We envision programs that mint millions of NFTs with utility; social objects that connect communities, drive participation, and reward true fans.”
Other investors in the round include firms such asRRE, Third Kind Venture Capital, NFT Investor Sfermion y The LAO.
MicrosoftnoneBlockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies.
While the participation ofMicrosoft While it may be new for a company in the crypto sector to be involved in a funding round, the truth is that the company has been establishing ties with the crypto space for some time now.Blockchain and cryptocurrencies.
En agosto de este año, la compañía recibió aprobación por parte de la United States Patent Office,USPTO,precisely because of a request he introduced for the creation of a system that allows its users to develop applications.Blockchain, this by facilitating the design of tokens that can operate across multiple networks as the process could well prove to be “difficult and cumbersome”.
Also in August of this year, the company was working on the development of anti-piracy measures usingEthereum, for which he made use of a research developed jointly between Alibaba and Carnegie Mellon University.
Regarding Palm NFT Studiothe participation ofMicrosoft could allow the company to have even more contact with the work that the startup does. In recent times, the company’sNFT’s has been launching several products and services, including a sidechain for digital collectibles based onEthereum, the platform a place to buy, sell and store cryptocurrencyMLB NFT deCandy Digital, as well as theThe Matrix Resurrections deNifty conWarner Bros yNFTPro.
- Microsoft receives patent for crypto token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. creation software
- Microsoft and Alibaba to build anti-piracy software piracy system on Ethereum a decentralized open-source blockchain with smart contracts functionality.
- Microsoft announces Azure Blockchain shutdown on September 10
Source: Finbold , Press Release Palm NFT Studio
Version by Angel Di Matteo /DiarioBitcoin
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