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BBTV Enlists ConsenSys to Co-Develop Web3 NFT Solutions for Creators

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Vancouver’s BBTV has entered into a partnership with ConsenSys, a leading Ethereum software company, to support BBTV’s development of Web3 NFT solutions for content creators.

As BBTV enters its next phase of growth it is uniquely positioned to drive the Web3 creator economy by connecting creators, fans and collectors. [Read more…] about BBTV Enlists ConsenSys to Co-Develop Web3 NFT Solutions for Creators

Accelerate To Launch NFT Fund, The First Web3 Investment Vehicle In Canada

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Calgary’s Accelerate Financial Technologies is launching the Accelerate NFT Fund, the first Web3 investment vehicle in Canada.

Accelerate is one of Canada’s fastest growing alternative investment solution providers, with a suite of institutional-caliber alternative ETFs for investors seeking diversification and long-term performance.

“Over the coming years, Web3, the next era of the internet, will become a more prevalent aspect of our everyday lives,” said Julian Klymochko, Founder and CEO of Accelerate. “NFTs, or non-fungible tokens, allow users to not just participate in, but to own Web3. We believe that the most popular NFT collections may become the Googles, Amazons and Facebooks of Web3.”

NFTs are a new type of crypto asset that combine digital art with elements of blockchain and social networks. A nascent $40 billion market, NFTs are a cultural phenomenon that derive value based on aesthetics, social proof, membership, network effects, brand building and culture.

Accelerate NFT Fund will own a diversified portfolio of “blue chip” NFTs, including collections such as CryptoPunks and Bored Ape Yacht Club.

“NFTs and Web3 are in the early innings of their growth cycle, analogous to the emerging bitcoin market in 2013. As the portfolio management team behind Canada’s first bitcoin fund back in 2017, we are excited to offer exposure to a nascent asset class with similar growth potential.”

Accelerate NFT Fund is available for accredited investors via private placement subscription with a $50,000 investment minimum and will initially be capped at $42.069 million.