Tag Archives: Non-Fungible Token (NFT)

This year, Radioshack, the legendary seller of electronic components and specialized hardware, turned 100 years old, and what better way to celebrate its longevity than to change its line of business to fully embrace the world of cryptocurrencies with the launch of a DeFi protocol and an NFT collection. In a move that left a good portion of assiduous Crypto Twitter users scratching their heads, the company changed its Bio and website to promote its new vision of launching and...

The multinational e-commerce company – Shopify – enabled its users to mint and trade non-fungible tokens on its platform. To provide this opportunity, the firm partnered with GigLabs – an organization that specializes in offering tools to operate with NFTs. Shopify Enters The NFT Universe Tobias Lütke – Chief Executive Officer at the company – revealed the new service on his Twitter account. Use Shopify for your NFT dropshttps://t.co/sZwjLZetoU — tobi.eth (@tobi) December...

An independent NFT project, Sneaky Vampire Syndicate (SVS), has announced a partnership with Paramount Pictures and Spyglass Media Group’s horror film Scream. The Collaboration According to the press release shared with CryptoPotato, SVS and the horror film are joining forces to promote the latest movie in the Scream franchise, which is set to hit the theatres on January 14, 2022. The collaboration aims to bring real-world benefits to the community. The team behind the NFT...

Blockchain.com outlined plans to launch a marketplace exclusively focussed on NFTs to cater to the rising demand and fortunes that have attracted the attention of well-known individuals from different fields. With this move, the Luxembourg-based company is the latest one to dip its toes into the NFT market. It joins the list of crypto giants such as Binance, Coinbase, and FTX.US, which have announced the launch of new NFT-focussed wings. Blockchain.com’s NFT Marketplace is...

There have been many reports questioning if Spotify pays musicians fairly. While the popular music streaming service is yet to disclose exactly how much it pays, industry experts have suggested that its payout rate for recordings at nearly $4,000 per million streams, or less than half a cent per stream. However, NFT is here to rescue, at least, according to Saxo Bank. NFTs vs. Traditional Streaming Platforms Saxo believes that the outlook is bright for NFT technology despite...

AMC Theatres – the largest movie theatre chain in the US – recently offered 86,000 non-fungible tokens to early buyers of the latest Spider-Man film. The enthusiasm among fans was quite high as it led to the second-highest one-day ticket sales in AMC’s entire history. AMC’s NFT Offer At the start of this week, the movie theatre chain partnered with Sony Pictures to provide 86,000 NFTs to reward members and retail investors who pre-order tickets for the December 16 premiere of...

Following a related partnership with Coinbase, Adidas has joined various NFT influencers as part of their adaptation to the metaverse. These include Punks Comic, GMoney, and Bored Ape Yacht Club (BAYC). Leaping Into The Metaverse Adidas originals – an Adidas subdivision dedicated to lifestyle and fashion – tweeted about their new partnership earlier today. Few details exist about what plans their “Metaverse” entry will entail, but they have confirmed partnerships with Punks...

The Federal Byzantine Agreement-based (FBA) network, Flare, recently partnered with Rival to become its preferred NFT, Utility, and DAO token platform for Rival’s NFT marketplace. Flare and Rival’s Partnership Rival is an enterprise solution that integrates gaming, esports, and now NFTs, into a company’s fan-engagement strategy. Some of these entities are the Seattle Seahawks from the NFL and the Arizona Coyotes from the NHL. Using Flare, fans will be able to trade and engage...

Emerald, the Ethereum Virtual Machine (EVM) compatible ParaTime developed by the privacy-focused blockchain protocol Oasis, has officially seen the light of day on Mainnet. Oasis aims to attract more projects from the DeFi, NFT, and gaming dApps industries onto its network with the move. The press release seen by CryptoPotato informed of the launch, explaining that Oasis Network wants to provide enhanced DeFi and NFT experience for its user base but only for a fraction of the...

A survey conducted by the software firm – Stratis – revealed that 58% of American and British video game developers had incorporated blockchain technology into their endeavors. 47% have integrated non-fungible tokens in their games. Blockchain Is The Future for Video Games The poll surveyed 197 video game developers in the USA and the UK. Apart from those who already use blockchain and NFT technologies, the rest of the participants are also optimistic since 72% said they...