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

Nifty News: Ellen's NFT auction flops, Oscars controversy, Kayne's $1.8M sneakers, and more

The Golden State Warriors put the 'Legacy Collection' up for auction on OpenSea, the world's most expensive sneakers are fractionalized, and a Chadwick Boseman NFT is roundly criticized.

The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat" NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT.

The drawing appears to have been created with minimal effort in a bid to satirize the notion that any old celebrity-peddled junk will sell as an NFT.

A Platinum video monologue about NFTs by Ellen fetched the highest price — $14,555. In total, the sale has raised just $30,955 for the World Central Kitchen food relief charity — even after being promoted on her nationwide talk show and to her 79M followers on Twitter. But perhaps it was just the wrong audience.

While there was a backlash in some quarters of the crypto community against the sale, any mainstream publicity for NFTs is good publicity right?

Charity crypto founder wanted

Lending further weight to the idea that NFT investors are getting a little more choosy, the “world's first founding charity NFT,” Covid:aid, remains without a bid one week after opening the bidding.

Covid:aid aims to support those affected by the pandemic, and whoever buys the NFT — an image of the new charity's logo — will also received the coveted title of “Covid:aid Founding Crypto Philanthropist.” Originally listed at a reserve price of 1 ETH on April 21, the reserve was dropped to 0.1 ETH the following day, but is yet to attract a bid.

Basketball warriors

The Golden State Warriors has become the first professional sports team to release its own NFT collection on OpenSea. Up for auction this week, the Legacy Collection includes tokenized championship rings and ticket stubs from iconic games dating back to 1947, as well as NFTs including some IRL experiences. The team's interest in the space was reportedly sparked by the success of NBA Top Shot, which has made half a billion in sales since launching.

World’s most expensive sneakers fractionalized

Rare sneaker platform Rares.io snapped up Kanye West's 2008 Nike Air Yeezy 1 sneakers at a Sotheby’s auction on Monday for a cool $1.8M, making them the most expensive sneakers in history. It announced plans to fractionalize them and sell the shares to the "the sneaker community."

However, it does not appear as if the sneakers will be tokenized as NFTs — Rares’ terms and conditions do not mention digital assets, and the company’s Crunchbase profile talks about selling shares in sneakers through an app via an Initial Public Offering, or IPO. Various non-crypto fractionalized asset sites have sprung up in recent years, showing the concept is not unique to NFTs. It would arguably be easier to do using NFTs, but that’s another story.

Oscars NFT controversy

The artist behind a surprisingly controversial Oscars NFT of late-actor Chadwick Boseman has apologized and vowed to make changes. Andre Oshea was commissioned by the Academy to create the artwork, which many viewers apparently took as a sure sign Boseman was going to win Best Actor… but, of course, he was beaten by Anthony Hopkins.

The NFT was criticized for its environmental impact, the fact only 50% of the proceeds were going to charity, and for “trying to capitalize both on the tragedy of Boseman’s death and the current speculative interest in NFTs," according to Gizmodo Australia. Some took the artist to task for listing the NFT for $1.2 million, when Oshea had only spent $50 purchasing the 3D model of Boseman's head the NFT was based on. The artist released a statement on April 27 apologizing for "any upset caused":

“I now recognize that Chadwick’s face is a triggering reminder of his death rather than his life, and I will be redesigning the artwork to be auctioned off later this week.”
https://ift.tt/3vlQNFp
Labels:

Comments

Post a Comment

Popular posts from this blog

Bitcoin Legal Tender in 3 Days but Survey Shows 7 Out of 10 Salvadorans Want Bitcoin Law Repealed

Bitcoin is becoming legal tender in El Salvador in three days. However, a nationwide survey conducted by the University Institute of Public Opinion (Iudop) shows that seven out of 10 Salvadorans want the government to repeal the Bitcoin Law. El Salvador’s Bitcoin Law Goes Into Effect in 3 Days The University Institute of Public Opinion (Iudop) in El Salvador conducted a study between Aug. 13 and Aug. 20 of how the public views the country’s upcoming Bitcoin Law. The institute is a research center of the José Simeón Cañas Central American University (UCA). El Salvador’s Bitcoin Law is set to go into effect on Sept. 7 , when BTC will be legal tender in the country alongside the U.S. dollar. A total of 1,281 respondents ages 18 and over participated in this national survey that “represents the entire adult population residing in the country,” according to the institute. Out of all the respondents, 62.4% said they were aware of the approval of the Bitcoin Law by the deputies of the ...
Post a Comment
Read more

Bitcoin breaking new highs in Q4 will ‘temporarily turn alts to dust’ — Analyst

Things will get exciting in quarter four, but not before a convincing floor is put in across crypto, analysts say this week. Bitcoin ( BTC ) was busy losing its overnight gains on Sept. 27 as resistance continued to prove too much for bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst on Bitcoin: “Right now, we’re stuck” Data from Cointelegraph Markets Pro and TradingView  showed BTC/USD dropping to around $1,000 below overnight highs of $44,400 on Bitstamp on Sept. 27.  The move constitutes a rejection at a “critical” zone to break, Cointelegraph contributor Michaël van de Poppe explained, with $42,000 now the key level to hold for a higher low. Bitcoin is acting in an increasingly narrow range, he summarized in his latest YouTube update. “Right now, we’re stuck,” he said, pointing to $47,000 as next should the $44,600 zone be reclaimed. On the downside, the zone between $38,000 and $40,000 remains valid for a bounce, while a co...
Post a Comment
Read more

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, Plans to Merge With Metamask in the Future Consensys has acquired the Ethereum-based wallet Mycrypto for an undisclosed sum according to an announcement released on Tuesday. The deal aims to strengthen the company’s Ethereum wallet Metamask and “enhance Web3 experiences.” The eventual merger between the two Ethereum interfaces will “provide users with a heightened experience that is even more extensive and secure,” according to Consensys. Consensys is an Ethereum software company led by one of the Ethereum co-founders Joseph Lubin. The Web3 wallet Metamask, with 21 million monthly active users (MAUs) is owned by C...
Post a Comment
Read more