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

Legendary Skateboarder Tony Hawk to Auction NFT of Trick Footage

Tony Hawk joins a growing list of celebrities digitizing and selling their collectibles as non-fungible tokens. The skateboarding icon plans to auction a film of the last time he performed the Ollie 540 – the trick he first mastered 32 years ago.

Ethernity Chain to Mint and Auction the Digital Collectible as NFT Boom Accelerates

On the heels of numerous blockbuster NFT auctions by artists, celebrities, entertainers, and crypto evangelists, professional skateboarder Tony Hawk is set to auction his digital collectible at a still-unannounced date and time.

The 52-year old pop-culture icon announced on Instagram that he had completed his final performance of the 540-degree “Ollie” that he landed first in 1989, underlining the scare and danger of doing the trick. On Twitter, he added, “Did my last ever ollie 540 today. You can compare it with my first one 32 years ago. This one meant a lot to me.”

According to the pro skateboarder, @tweestophers, angle of the shot of him completing the trick would be minted as an NFT on the Ethernity Chain and auctioned. Ethernity, a rapidly-expanding NFT blockchain network, is known for its social bent, given that all NFTs auctions donate a portion of the proceeds to charitable causes. The network has recently been tasked with building a collection of Muhammad Ali NFTs to benefit the Ali Center.

Growing Chorus of Celebrity NFT Sales Echo Big Auction Results

Hawk’s decision to turn to Ethernity for this event highlights the network’s growing cache following the launch of a 2500-piece lineup of Bosslogic’s NFT images specifically for Ethernity’s community.

Bosslogic’s sales, while significant, were dwarfed by Beeple’s recent results in a Christie’s auction, which saw the artist sell one single JPEG made of 5000 smaller images for an eye-watering $69.3 million by Singapore-based cryptocurrency investor Metakovan. Beeple has also auctioned NFTs for charity.

The NFT-craze has attracted many other celebrities, including Lindsey Lohan, Grimes, and key cryptocurrency evangelists like Twitter’s Jack Dorsey and Gemini’s Winklevoss twins. Still, some are more hesitant to embrace the movement, like Litecoin’s Charlie Lee, who likens the auctions to the speculative ICO bubble.

Tony Hawk hasn’t been as vocal as some of his celebrity counterparts in talking up cryptocurrency and NFTs, yet he’s been a surprisingly long-time advocate of Bitcoin. Tweets in past years establish that he’s “hodled” Bitcoin since 2013. Hawk was also slated to present at the Bitcoin 2020 conference in San Francisco last March before it was canceled due to the pandemic.

Are NFTs turning into a go-to quick-cash machine for celebrities, or are they seeing it as a legacy-cementing instrument? Let us know what you think 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