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How Much Is Your Love Worth? Polish Influencer Sells “Love” As NFT

NFTs are becoming the next big thing in the crypto market as more investors get on board with projects surrounding them. Non-fungible tokens like the “Stoner Cats” NFTs was released with huge success in their communities. Non-fungible tokens which mostly revolved around art when they were first released has now expanded into a wider domain. Increasing support for NFTs has shone through with e-commerce giant Shopify adding merchant support for non-fungible tokens. And most recently, Coca-Cola partnering up with Tafi to launch its very first collection of non-fungible tokens. The non-fungible tokens include files like images, audio, and video. Related Reading | Are NFTs Dead? New Game Changing Trends Now comes one of the most interesting uses of none-fungible tokens so far and that is 26-year-old Polish influencer Marta Rentel announcing she has sold her love online as an NFT. The NFT sold for $250,000 and the lucky buyer gets to go on a date with the influencer. Selling “Digital Love” Talking about the sale, Rental explained that she wasn’t selling her physical love. But was rather selling the love of her online persona. “Nothing on the Internet is physical,” Rental said. “It’s part of my online persona.” The 26-year-old Polish influencer boasts over 600,000 followers on Instagram and goes by the name of Marti Renti online. The influencer explained that she wanted to be the first person in the world to tokenize emotions. Related Reading | TABOO Set to Launch First-Ever NFT Collectibles for Supermodels This remains a novel idea, as one would scratch their head trying to figure out exactly how they would tokenize emotions. But Rentel believes that love can be separated into physical love, platonic love, and most importantly, digital love. With each one being just as real as the other. Rentel confirmed the sale of the NFT but added that she did not know who had bought it either. The identity of the buyer seems will remain unknown until the date with the influencer. NFTs As A Store Of Value NFTs are gaining more support given what they represent. With this, people can show that they undisputedly own a piece of artwork or anything else being sold as a non-fungible token. Information about the work and the owner is written directly to the blockchain where everyone can see who the owner of the piece is. This has been especially popular amongst artists as this provides them a way to directly sell their art. And also helps to combat people using their work without properly paying or licensing it. Related Reading | Banksy’s Infamous ‘Spike’ Artwork Becomes an NFT The information on the blockchain is impossible to edit or remove. So every and all record regarding a sale is put on the blockchain, which basically acts as a digital ledger for the sale. Marta Rentel does not stop at selling her “love” as an NFT. The influencer plans to continue to sell her Instagram photos and YouTube videos as non-fungible tokens. Featured image from Kindpng
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Axie Infinity’s July Revenue Tops $200 Million. Here’s How Filipinos Drove It

Leah Callon-Butler, director of Emfarsis, discusses her documentary, “Play-to-Earn: NFT Gaming in the Philippines,” and the real-world impact that crypto is having in the Philippines. Show highlights: how the Axie[…]

The post Axie Infinity’s July Revenue Tops $200 Million. Here’s How Filipinos Drove It appeared first on Unchained Podcast.

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NBA’s Sacramento Kings to launch first ever NFT ticket

The Kings are back with another innovative technology experience for their fans. US basketball team, Sacramento Kings has announced to begin trial for the first-ever Smart Ticket NFT Experience Pass. This limited edition NFT ticket will come with exclusive privileges and experiences. Sacramento Kings has signed a partnership agreement with Lava and Flow, the blockchain

The post NBA’s Sacramento Kings to launch first ever NFT ticket appeared first on Coingape.

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Binance NFT to tokenize Leonardo-da-Vinci & Van Gogh’s artwork

Binance NFT platform has partnered with The Hermitage – one of the largest museums in the world, to tokenize artworks preserved at the museum. Binance announced yesterday that NFTs will be auctioned on its native marketplace at the end of August 2021. The collaborative NFT project is called, “Your token is kept in the Hermitage”,

The post Binance NFT to tokenize Leonardo-da-Vinci & Van Gogh’s artwork appeared first on Coingape.

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Cardano Aims To Facilitate Users With Smart Contracts

According to the announcement from IOHK, “Project Alonzon testnet” has moved from Blue to White and is making it possible for Cardano to launch smart contracts. IOHK is the development team of the Cardano blockchain. The team made the announcement recently, revealing that the testnet is successful. Related Reading | Anthony Di Lorio To Leave Cryptocurrency Space For Philanthropic Initiatives In their announcement, the development team shared the success of the “#Alonzon testnet” fork to a new version, “#AlonzonWhitenode.” The announcement also disclosed that the latest version has commenced making blocks immediately. HARD FORK SUCCESSFUL: Delighted to report around 19.44 UTC today we successfully forked the #Alonzo testnet to the new #AlonzoWhite node. The new network is happily making blocks already. 1/5 — Input Output (@InputOutputHK) July 14, 2021 This new fork is taking the network a step further to launching smart contracts, which will be beneficial for its users. Cardano Testnet Had Limitations The first Cardano testnet may have offered smart contracts, but there were some limitations. The smart contract features it had were only for some people who are core insiders of the blockchain. Related Reading | Ether EFT Gets Approval From Brazilian Securities Regulator Given the upgrade that the team has announced, the network can now accommodate up to 500 validators, developers, and stake pool operators who will test the features. According to the announcement, the new Fork “Alonzon white” will run for 2 to 4 weeks. Then, it will upgrade to the Alonzo Purple, which is the final testnet for this current phase of its development. Before now, there has been some backlash against the network from the community. However, even with all those issues, the Cardano blockchain founder Charles Hoskinson assured the community that the project is moving as they planned it. He made this statement on Youtube, saying that the team is following the roadmap they set earlier for the project. Hoskinson also noted that Cardano had facilitated the sale of over $10 million worth of NFTs on its network. Also, apart from the NFTs, the founder mentioned that the network had facilitated assets sales worth tens of thousands. The ADA market is flourishing after a hectic week of trading in the red zone | Source: ADAUSD on TradingView.com He continued to assure the community that the release of Alonzo White to the Cardano mainnet will enable developers to launch NFTs, dApps, and other projects. More Developments in DeFi After the announcement of the Alonzo white fork, a DeFi and NFT marketplace, Spores Network disclosed that it had raised a whopping $2.3 million through its fundraising event yesterday, July 16, 2021. According to the company, it plans to utilize the best features of Cardano, such as low transaction costs, higher transaction throughput, and low carbon footprint, to make NFTs available for mainstream users. Related Reading | Nifty’s Inc. Partners With Warner Bros To Roll Out A Social NFT Platform In recent times, more and more artists and companies are joining the NFT market. Some notable ones include Dolce & Cabbana plus Sorare, a “fantasy soccer NFT platform.” In addition, Sorare recently closed a $532M in a funding round. All these interests and collaboration mean more gains to the Cardano network and the people who use it. Featured image from Pexels, chart from TradingView.com
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Great Britain becomes first team at Tokyo Olympics to offer NFT

Great Britain (GB) became the first team to launch its NFT for fans at the Tokyo Olympics 2020. Team GB has partnered with the leading NFT commerce provider Tokns, to launch an NFT store that will showcase all legendary moments, videos, photographs, and artworks of Team GB at the Tokyo Olympics. “We are delighted to

The post Great Britain becomes first team at Tokyo Olympics to offer NFT appeared first on Coingape.

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The NFT Market Is Only for Crypto Whales – Here’s What Needs to Change

The non-fungible token (NFT) market is generating immense hype. This hype towards collectible tokens and their technology makes it appear that everyone is in the market for an NFT. However, it’s clear that’s not the case.

The post The NFT Market Is Only for Crypto Whales – Here’s What Needs to Change appeared first on BeInCrypto.

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The Sounds of Crypto — Changing the Music Industry For Good

The emerging world of crypto was once a niche space for those who took a giant gamble on a little-known algorithmic system. Until recently, the space has stayed within a relatively small sphere of recognition.

The post The Sounds of Crypto — Changing the Music Industry For Good appeared first on BeInCrypto.

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Seascape Network, Binance NFT Release Exclusive Zombie Mystery Box NFTs

20th July 2021, SINGAPORE – Leading DeFi and NFT gaming platform Seascape Network is working with Binance NFT, enabling the integration of BSC for exclusive NFTs from their upcoming Zombie game series on the brand new Binance NFT Marketplace.  Binance NFT Mystery Boxes The limited-edition zombie slayer character Wichita will be exclusively available only through … Continued

The post Seascape Network, Binance NFT Release Exclusive Zombie Mystery Box NFTs appeared first on BeInCrypto.

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Play and Earn: The Rise of NFT Gaming in South East Asia

“To create an economic society where everyone can live and earn while having fun.” That’s the goal Singapore-based startup Digital Entertainment Asset (DEA) started off with as it officially launched in 2018. The company’s mission is to harness the power of blockchain technology and popular digital entertainment mediums to bring about a new era of an entertainment-centric economy where people can live freely.

The post Play and Earn: The Rise of NFT Gaming in South East Asia appeared first on BeInCrypto.

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Nifty’s Inc. Partners With Warner Bros To Roll Out A Social NFT Platform

The inaugural kick-off of Nifty’s social NFT platform took a new wave of excitement on Monday. This unusual wave came from announcing Warner Bros as the principal collaborator with Nifty’s Inc. There’s also a backup of seed investment worth about $10 million from some big venture firms of the blockchain. The partnership with Warner Bros […]
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Christie’s NFT Summit Kicks Off By Finding Value in the Unknown

Christie’s Art + Tech Summit dives right into non-fungible tokens (NFTs) and the art world. Bringing together collectors, artists, curators, and auctioneers to discuss this burgeoning art form. NFTs have taken the art world by storm this year. Christie’s was the first auction house to get into the game, with an exclusive NFT auction. The … Continued

The post Christie’s NFT Summit Kicks Off By Finding Value in the Unknown appeared first on BeInCrypto.

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Another NFT breach; Huobi NFT platform accused of copyright infringement

Huobi’s NFT trade and exchange platform has been accused of breaches on two entertainment star projects in a row. Huobi has been warned of foreseeable legal action against its NFT platform. However, the breached data has been taken down from Huobi’s NFT platform, users are now demanding a statement clarifying how the purchased and acquired

The post Another NFT breach; Huobi NFT platform accused of copyright infringement appeared first on Coingape.

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