Skip to main content

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment

Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars

Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars

Telsa’s new Technoking, Elon Musk, said that he is selling a song about NFTs as a non-fungible token (NFT). Many people have expressed their interest in buying it on social media. Artist Beeple made him an offer for $69 million and bids for his tweet on Valuables are up to $1.121 million.

Elon Musk Selling an NFT

Elon Musk, the new Technoking of Tesla, announced via Twitter Monday that he is selling a song about NFTs as an NFT. At the time of writing, his tweet has garnered 42.7K comments and has been liked 176.2K times. His 2:20-minute-long video has been viewed more than 8.5 million times.

Musk’s techno song briefly describes the nature of NFTs. The video shows a rotating rocket-to-the-moon trophy, displaying repeating words at the base: “HODL” and “Computers never sleep.” More words circling the trophy brightly flash “Vanity Trophy,” and the lyrics repeat:

NFT, for your vanity.
Computers never sleep.
It’s verified. It’s guaranteed.

Many people on Twitter have expressed their interest to buy Musk’s NFT; some even wrote the amount they are willing to pay. Among those interested is Tron founder Justin Sun, who simply stated, “Ok. I will buy.”

The artist Mike Winkelmann, also known as Beeple, is among interested parties. He recently made headlines when his NFT art sold for $69 million in a Christie’s auction. He wrote, “I’ll give you $69M for it.” Musk responded, “420M doge.” Beeple promptly replied, “Sold.”

However, it is unclear whether Beeple was serious about his offer, and at the time of writing, the Tesla technoking has not responded further to him. The price of dogecoin currently stands at $0.058043, making 420 million dogecoins worth less than $24.4 million.

Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars

Soon after Musk made his initial tweet about the NFT sale, the first bid of $3 appeared on Valuables, a platform released by Cent for buying and selling tweets as NFTs.

At the time of writing, the highest bid for Musk’s NFT is $1,121,000, made by Twitter user Sina Estavi, CEO at Bridge Oracle. He tweeted to Musk: “Elon Musk, I made an offer to buy your tweet.” Musk has not replied to his tweet.

Furthermore, other people’s tweets related to Musk’s NFT sale have also been getting offers. “NFT Inception. Someone just bid $88 on an NFT of this tweet about someone bidding $100,000 on an NFT of a @elonmusk tweet about a song that is an NFT about NFTs. The world has gone mad,” Twitter user The Chairman (@wsbchairman) wrote as he accepted the offer.

Polygon, formerly Matic, commented on Twitter:

You can own this Elon Musk autographed tweet on the Polygon-powered platform Valuables @cent. The current bid for ownership of this NFT is at $1.12M.

Twitter CEO Jack Dorsey is also using the Valuables platform to sell his first-ever tweet. Estavi is currently the highest bidder, offering Dorsey $2.5 million. The sale will end on March 21 and Dorsey says he will immediately convert the proceeds to BTC and donate to Give Directly’s Africa Response fund.

Update (March 16, 2021, at 7:46 P.M.): Elon Musk tweeted: “Actually, doesn’t feel quite right selling this. Will pass.”

What do you think about Elon Musk getting into NFTs? Let us know in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
Post a Comment
Read more

Year of sponsorships: Celebrities who embraced crypto in 2021

From Matt Damon appearing in a TV spot for Crypto.com to Kim Kardashian shilling EthereumMax, 2021 saw celebrities with higher profiles getting into crypto. Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets. In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram story shared with  her more than 200 million followers . The token, which was used as payment for online ticket purchases for some pay-per-view events, gained 116,000% in just one week following the celebrity’s activity before falling more than 99% and leaving many investors in the red. Kim Kardashian promoting EthereumMax on Instagram Stories, June 2021. Source: Instagram Though EthereumMax is somewhat of a cautionary tale for cry...
Post a Comment
Read more

Top 3 Rebase Token Markets Shudder — Stats Show TIME, OHM, BTRFLY Lost Billions Since All-Time Highs

While the crypto economy has shed more than 3% in fiat value during the last 24 hours dropping to $2.09 trillion, the top rebase tokens by market capitalization have seen significant losses this week. At the time of writing, the rebase token economy is valued at over $3.2 billion but has lost more than 10% in value during the last 24 hours. The largest rebase token economies such as Wonderland, Olympus, and Redacted Cartel have shed between 36% to 55% over the last week. Top 3 Rebase Token Protocols Shed Billions in Value Over the Last Week, Wonderland Down 87% Since High On the first day of November 2021, Bitcoin.com News took a deep dive into the Olympus DAO and the reserve-backed asset called OHM . Olympus is a decentralized finance (defi) project that is described as a rebase token and since Olympus started, a myriad of Olympus forks have been born. Essentially, rebase token protocols adjust the token supply in a periodic fashion or when the price fluctuates. Olympus was once ...
Post a Comment
Read more