In a move that is believed to have minimized the gap between blockchain technology and the music industry even further, Justin Bieber’s 2015 chart-topping song “Company” will be tokenized as a non-fungible token (NFT). Notably, the blockchain-based music platform AnotherBlock is joining hands with Andreas “Axident” Schuller, who is the co-producer of this song, to… Continue reading Justin Bieber’s ‘Company’ Dives Into The NFT World With Fan Royalty Shares
Tag: NFT
Cupra’s DarkRebel Concept Car: Metaverse Introduction To Real-World Design
In a distinct aggregation of virtual reality (VR) and traditional automotive design, Cupra presented its DarkRebel concept car at the recent IAA Mobility show in Munich. This concept had its initial public reveal in April 2023 within Metahype, Cupra’s dedicated space within the Metaverse. The initial introduction lets users interact with and customize the vehicle… Continue reading Cupra’s DarkRebel Concept Car: Metaverse Introduction To Real-World Design
Lufthansa Enhances Customer Loyalty With NFTs
In another notable move to active customer engagement with blockchain technology, the Lufthansa Group, the parent company of one of the biggest airlines in the world, has confirmed the launch of an NFT-based loyalty program known as Uptrip. The program, nonetheless, is not limited to Lufthansa only, its subsidiaries such as Swiss International Air Lines… Continue reading Lufthansa Enhances Customer Loyalty With NFTs
Mystic Moose Unleashed Planet Mojo Marketplace In Time For The Fall
One renowned game development firm, Mystic Moose, recently launched the “Planet Mojo Marketplace,” which strives to serve as a central hub for Mojo Melee players. Interestingly, the marketplace is powered by the Polygon blockchain. This move is meant to offer both speed and lower transaction costs for gamers. As autumn nears in the game’s virtual… Continue reading Mystic Moose Unleashed Planet Mojo Marketplace In Time For The Fall
SEC Implements First Enforcement Action In The NFT Industry
The United States Securities and Exchange Commission (SEC) has implemented its first non-fungible token (NFT) enforcement action against Los Angeles-based firm, Impact Theory. Based on the regulatory agency, Impact Theory sold its NFTs as unregistered securities, a violation of federal law. This action ended in a legal settlement that needs Impact Theory to establish a… Continue reading SEC Implements First Enforcement Action In The NFT Industry
South Korea’s BC Card Submitted Patent Applications For Receipt-Based NFTs
In a world where digital assets have massive potential to become the norm, South Korea’s BC Card confirmed that it has applied for two domestic patents to use non-fungible tokens (NFTs) to confirm the purchase details in trading used luxury goods. While NFTs are mostly known for their role in art and collectibles, BC Card… Continue reading South Korea’s BC Card Submitted Patent Applications For Receipt-Based NFTs
Donald Trump’s Arrest Push NFT Prices Explosively Higher
Non-fungible tokens that feature the resemblance to former US President Donald Trump have recorded a massive surge in their value after his recent arrest in Georgia. As anyone would expect, the arrest rapidly became the talk of the town. What is the hype all about? NFTs Rise Remarkably In the past week, the trading volume… Continue reading Donald Trump’s Arrest Push NFT Prices Explosively Higher
Dutch Grand Prix’s Digital Collectible Lets Users Co-Own The Track
The Formula 1 Heineken Dutch Grand Prix has innovatively introduced a fan engagement opportunity focused on digital collectibles. Event enthusiasts can now acquire a digital portion of the CM.com Circuit Zandvoort, granting them symbolic co-ownership of the circuit throughout the race weekend. Interestingly, this ownership is verified on the blockchain, guaranteeing a securely documented possession… Continue reading Dutch Grand Prix’s Digital Collectible Lets Users Co-Own The Track
Snoop Dogg Partner With Skechers To Unveil New Dr. Bombay-Inspired Collection
Snoop Dogg, an internationally acclaimed rapper, and entertainer, has once more partnered with global footwear behemoth Skechers. Their new collection, acquiring inspiration from Snoop’s Bored Ape Yacht Club (BAYC) NFT called Dr. Bombay, was introduced on Skechers’ website in the past week. Here, we explore the details of the new collection, its many inspirations, and… Continue reading Snoop Dogg Partner With Skechers To Unveil New Dr. Bombay-Inspired Collection
OpenSea Drops Royalty Fees As Yuga Labs Responds By Blocking Trades
In a recent move that has sent huge shockwaves in the entire NFT community, OpenSea confirmed its decision to stop collecting royalty fees on behalf of NFT creators. This decision made Yuga Labs, the creator of CryptoPunks and Bored Ape Yacht Club NFT collections block the ability to trade in newer NFTs on OpenSea by… Continue reading OpenSea Drops Royalty Fees As Yuga Labs Responds By Blocking Trades