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Pinata raised $21 5M to scale NFT media infrastructure – TechCrunch

Pinata, an NFT-focused media distribution platform, has raised a total of $21.5 million in funding, the company exclusively told TechCrunch. This is the only capital the four-year-old company has raised to date. The total amount came from a recently closed $18 million Series A and $3.5 million seed round in 2021, Kyle Tut, co-founder and […]

Nonfungible tokens don t live on the blockchain, experts say

Alex Salnikov said that the NFT living in a user’s wallet only points to the actual file, which it represents and is stored elsewhere.

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