There have been many recent news releases about NFTs; these include collaborative efforts, new NFT collections, and trademark applications from companies interested in entering the metaverse.
There are no signs that the adoption of NFTs will slow down, and it is expected to reach higher levels.
Following are our top ten NFT news stories from this week, as part of our weekly NFT news roundup.
Crurated, the London-based membership wine community, will dedicate the week of March 14-20, 2022 for a charity auction of rare wines from world-renowned producers in support of the humanitarian needs of the Ukrainian people.
Wines donated to the auction will include Louis Roederer Cristal, Domaine Meo-Camuzet, Domaine Dujac, and others.
Crurated has also developed a platform that provides customers with non-fungible tokens (NFTs) with every purchase they make.
In addition to verifying the authenticity of the bottle, the NFT provides information including ownership history, vintage, vineyard location, varietal, and more.
The Ukrainian government has announced the launch of a non-fungible token (NFT) to mark the history of the Russian invasion in a new use of digital assets to fund the war effort.
NFT will serve as a museum dedicated to the Russian-Ukrainian War. With this NFT format, the Ukrainian government intends to communicate the war’s results to the world.
According to The Guardian, Alex Bornyakov, Ukrainian deputy minister for digital transformation and IT industry development, stated that every NFT will include a piece of art representing a trustworthy news report.
In the news a few days ago, it was reported that LimeWire would relaunch as an NFT marketplace, led by Austrian brothers Julian and Paul Zehetmayr.
In the next step, LimeWire announced that it would use the Algorand blockchain to relaunch its digital collectibles marketplace.
Algorand was selected because of its carbon-negative blockchain, scalability, security, and reliability
LimeWire will not only mint digital collectibles on Algorand, but will also launch a token later this year that will provide members with exclusive community access, voting mechanisms, and rewards.
McDonald’s has already taken multiple actions that indicate its interest in entering the metaverse and exploring non-fungible tokens (NFTs).
McDonald’s is now expanding its NFT efforts in Italy as well, after experimenting in multiple countries.
As such, the launch of the Triple Cheeseburger turned into an opportunity for three emerging artists from the NFT universe, along with Ghali, an ambassador of the campaign and a representative of McDonald’s values of togetherness, inclusion, and multiculturalism.
Under his guidance, the artists Daniele Tozzi, Serena Gianoli, Nicola Laurora, designer and illustrator, have reinterpreted the concept of “level up” – the idea behind McDonald’s new sandwich which aims to bring the consumer to a higher level of taste – to produce three digital works of art to be transformed into NFTs.
As part of his 34th birthday celebration, Stephen Curry surprised thousands of NFT collection owners with a new birthday cake-themed NFT in their crypto wallets on Monday afternoon.
Just three days after breaking the NBA 3 point record at Madison Square Garden with 2,974 made field goals from distance, Curry launched his “2,974” NFT collection in December.
Of the 2,974 NFTs in the total collection, 28 of Curry’s 3-pointers occurred during a game he played on his birthday. The owners of those special shot moments, like #2671 NFT commemorating last year’s March 14 game, will receive an all-expenses-paid trip to San Francisco to meet Curry, courtesy of FTX.
American Express, the multinational corporation specialized in payment card services, has filed seven trademark applications for its logos and “AMERICAN EXPRESS,” “AMEX,” “CENTURION,” “SHOP SMAL”, and “MEMBERSHIP REWARDS,” expressing its intention to enter the metaverse and embrace of non-fungible tokens (NFTs).
The trademark applications state that the company wants to provide NFTs, as well as virtual currency and banking services in the metaverse and other virtual worlds.
MakersPlace, the premier marketplace for unique and authentic digital artworks, announced a collaboration between the world’s most famous hip-hop artist Snoop Dogg and BossLogic, the top-selling artist at the time, called SUPERCUZZ NFT collection.
The NFT collection features artwork created by BossLogic, including animated comic book covers featuring Snoop Dogg as SUPERCUZZ, a self-made crypto-trillionaire who smokes evil and eliminates crime.
Mark Zuckerberg spoke about the upcoming addition of non-fungible tokens (NFTs) to Instagram at South By Southwest, saying: “We’re working on bringing NFTs to Instagram in the near term.” Then, he continued, “Over the next several months, the ability to bring some of your NFTs in, hopefully over time be able to mint things within that environment.”
Meta has not revealed how NFTs will be implemented, nor how they will work. Nevertheless, it’s clear that NFT is growing substantially, and Meta is ready to take advantage of it.
Winamp, a media player for Microsoft Windows, will sell a non-fungible token (NFT) linked to its media player’s original 1997 graphical skin.
The NFT auction will take place on OpenSea between May 16th and May 22nd.
Starting May 23rd, Winamp will also sell 20 artworks derived from the original skin. Nineteen pieces will be available in editions of 100, and the remaining one will have 97. They will all sell for 0.08 Ethereum, or around $221 (at the time of writing). The artists receive 10 percent of royalties when later sales are made unless the seller sets a different price.
Rihanna is the last big celebrity to apply for a trademark for her Fenty Beauty brand in order to enter the metaverse.
Specifically, the trademark application states that the superstar will offer virtual goods, including virtual cosmetics and makeup, cosmetic and makeup accessories, hair care preparations, hair coloring preparations, hair styling preparations, hair care accessories, hair coloring accessories, and much more, for use in virtual environments.
There are also plans to offer retail store services that feature goods for online use as well as virtual merchandise, and non-fungible tokens (NFTs).
