NFTs
Buy high, sell high: Custom pipe-maker to Snoop Dogg and Santana tokenizes bongs
Las Vegas-based glass pipe maker to the stars Jerome Baker Designs will launch a series of bong-related NFTs tied to corresponding physical assets early next month. The NFTs, on FDCTech’s Ethereum-based platform, depict the unique glassblowing process for each bong and come with additional unique benefits. They are due to drop on Super Bowl Sunday (Feb. 13) and the corresponding physical bongs will be auctioned off at Superchief Gallery. Jerome Baker Designs Founder and President Jason Harris is considered to be one of the top ten glassblowers in the world, according to smoking products marketplace SLX. He founded the business in the early 1990s and has built custom-made pieces for celebrities such as Snoop Dogg, George Clooney, Grateful Dead, Santana and Rita Marley. He told Cointelegraph...
Why Kevin O’Leary thinks NFTs could become bigger than Bitcoin
Millionaire investor and crypto proponent Kevin O’Leary thinks that the NFT sector could be worth more than Bitcoin in the future. Speaking with CNBC’s Capital Connection on Jan. 5, O’Leary — also known as Mr. Wonderful — argued that NFTs provide a greater potential to attract capital than Bitcoin due to their ability to tokenize and authenticate physical assets such as cars, watches and real estate: “You’re going to see a lot of movement in terms of doing authentication and insurance policies and real estate transfer taxes all online over the next few years, making NFTs a much bigger, more fluid market potentially than just Bitcoin alone.” Mr. Wonderful admitted however, that he is not tied to that bet and will still be investing on “both sides of that equation.” The former cr...
Blockchain and the Metaverse make inroads at Consumer Electronics Show
Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants such as LG, Samsung, Amazon, Nvidia and Sony. Innovation of mobility. Sony’s Vision-S #CES2022 pic.twitter.com/lLykDAUapB — Sony (@Sony) January 5, 2022 This year’s event runs between Jan. 5 and Jan. 7 and will host more than 2200 exhibitors, with crypto and NFT companies a notable addition to the perennial gadget makers and TV manufacturers. In terms of the blockchain sector, the exhibitors grouped under the cryptocurrency category include the derivatives and NFT exchange FTX, NFT platform Blockparty and NFT Software and hardware deve...
What’s ahead for crypto and blockchain in 2022? Experts Answer, Part 2
Alan is the chief legal officer at PrimeBlock, a sustainable Bitcoin mining operation, infrastructure solutions provider and member of the Bitcoin Mining Council, with locations spread across North America. “We’re going to see more countries adopting crypto as a legal currency. We’re also going to see central governments coming out and taking their own currencies and putting them on a blockchain. China has already said it is going to do this, which will speed up the real competition for private cryptocurrencies from a payment perspective. Central bank digital currencies do not present competition from a store of value or inflation protection perspective because it’s still the same fiat currency, subject to the same monetary policy manipulat...
Fractal: 110K join Discord of Twitch founder’s new NFT gaming marketplace
Twitch co-founder Justin Kan launched a new blockchain gaming-focused nonfungible token (NFT) marketplace on Thursday dubbed Fractal. Fractal’s Discord group has since amassed more than 111,000 members despite only being announced two weeks ago. At the time of writing, it appears that the most significant sale on the platform so far was for a “Baby Scoot” NFT that went for 4 Solana (SOL) worth roughly $680. The Solana-based marketplace enables users to buy, trade and hold NFTs used in blockchain games. In an announcement made on Thursday, the firm unveiled its first partnered blockchain games, including The Sandbox, Nyan Heroes, Caveworld and Genopets, to name a few. first of all: we are live https://t.co/y2yO4R7Ty2 — fractal ❄️ (@fractalwagmi) December 30, 2021 As part of th...
What’s ahead for crypto and blockchain in 2022? Experts answer, Part 1
Sandra is CEO of the Global Blockchain Business Council, an industry association for the blockchain technology ecosystem. “In 2022, it will be ‘corporate career risk’ to not have a baseline understanding of cryptocurrencies and blockchain technology. From bankers to corporate executives to politicians, it is imperative that they get on board and seriously consider the implications of blockchain. Further, 2022 winners will ‘expect the unexpected,’ and adapt to investing, servicing clients and participating in new trends. In 2021, few expected NFTs to become the killer app, driving mainstream interest and adoption. Web3, the Metaverse and DAOs will enter mainstream curiosity in 2022. The boring infrastructure stuff is critical. ...
Nifty News: Decentraland Times Square NYE party, Mutant Apes go bananas and more…
Times Square NYE party in Decentraland Decentralized Metaverse project Decentraland will unveil the virtual reality version of the iconic Times Square via a New Years Eve party that coincides with the timing of the real life celebration in New York city. The event is called the “MetaFest 2022 NYE Party” and will run until 8:00 am UTC on Jan. 1 in Decentraland’s Estate 4 district. It will feature live music, rooftop VIP lounges, a new tokenized collectibles and wearables drop, live feeds of real world NYE events across the globe, CryptoArt galleries and games. The virtual reality equivalent of the famous spot at the heart of New York is called “One Times Square,”, with the “one time” pun suggesting that the structure may be dissolved after the party concludes. Celebrate New Year...
Ozzy Osbourne Announces CryptoBatz NFT Collection: Details
Ozzy Osbourne is the latest musician to try their hand at NFTs. On Monday (Dec. 27), the Prince of Darkness revealed on Instagram that he’s releasing CryptoBatz, his very first collection of non-fungible tokens. “I’m launching a f–king NFT project. 9,666 unique bats designed by yours truly,” Osbourne wrote in his post, along with a sneak preview of two bats — a traditional black bat with the 73-year-old’s signature circular tinted sunglasses as well as a hot pink bat smiling without teeth. Explore See latest videos, charts and news “I’ve been trying to get in on the NFT action for a while so when I asked Sharon for a Bored Ape for Christmas after several failed attempts of buying my own, and she said no, so I decided to create my own,” Osbourne said in a press release. “CryptoBatz is a f–k...
3 embroidery artists weave NFT charity drop to help victims of human trafficking
Three embroidery artists — Russia’s Katerina Marchenko, Brazil’s Aline Brant and Ninni Luhtasaari of Finland — announced Thursday that they will be auctioning their nonfungible token (NFT) art pieces to support Hope for the Future (HFTF), a registered charity based in Austria. Proceeds from the auction will help victims of human trafficking find entry-level work positions after their harrowing experiences. Katerina Marchenko embroidering. Source: Katerina Marchenko The NFT sale will take place on Orica between Dec. 27–30, with each piece having a floor price of $500. The auction’s goal is to raise $10,000 for the employment program. “Even when one offers survivors the possibility to get out, they are mostly very traumatized by their experiences, they have littl...
Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund
On Tuesday, Solana nonfungible token (NFT) project Monkey Kingdom, which has received notable backing from American DJ Steve Aoki, announced via Twitter that hackers made off with $1.3 million of the community’s crypto funds through a security breach on Discord. According to its developers, the hack first occurred with the breach of Grape, a popular solution for verifying users on Solana. Hackers then used the exploit to take over an administrative account, which posted a phishing link in the Monkey Kingdom Discord’s announcement channel. Users who followed the link connected their wallets expecting they would receive an NFT but instead were drained of their SOL tokens by the scammer. Announcement on the discord hack pic.twitter.com/1r7svjlZcB — Monkey Kingdom (@MonkeyKin...
From the Altai Mountains to the Gobi Desert: Tokenizing the history of nomadic horse riders through Mongol NFTs
Mongolia is a land of endless steppes, hosting mystic Tibetan Buddhist monasteries and fierce horse warriors blessed by the eternal Tengri, the sky god in folk shamanism. For centuries, the harsh, cold climate of the plains forced its people to venture to the world beyond in a series of journeys and conquests. And now, blockchain enthusiasts can hear their stories in the form of nonfungible tokens through the Mongol NFT platform. Since its inception in September, the platform has surpassed 100,000 registered users and close to 400 creators in various stages of their projects. In an exclusive interview with Cointelegraph, Gabit Bazar and Adiya Bayansan, co-founders of Mongol NFT, discussed the future of the project that’s bringing Mongolia (once again) to the world stage.&n...
Here are Music’s Major NFT Moments This Year
While non-fungible tokens have been around for years, buying and selling these blockchain-powered collectibles was relegated to cryptocurrency circles. But there was a noticeable shift in early 2021, when the market for music-related NFTs skyrocketed from $306,000 in sales during December 2020 to $26,756,243 in March 2021, according to tech newsletter Water & Music. The spike proved that what was once a niche, tech-savvy market became music’s next revolution — or at least a way for artists to make a quick buck as the pandemic stretched on. Illmind Sells Samples and Beats as NFTs Grammy-winning producer Illmind released the first-ever melody/sample loop pack as an NFT, opening a new practical use for the token in the music business. By purchasing this NFT, buyers could use the samples i...
