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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...

Dolce and Gabbana to launch of an exclusive NFT collection

Dolce and Gabbana announced the first in a line of NFTs in partnership with luxury marketplace UNXD.

Fashion and Luxury brand Dolce and Gabbana has announced the launch of an exclusive NFT collection in collaboration with UNXD — a digital marketplace powered by the Polygon Network which hopes to become an exclusive marketplace for digital luxury and culture.

The fashion brand’s debut NFT collection will be named Collezione Genesi, or Genesis Collection. Dolce and Gabbana will feature the collection at it’s upcoming shows for Alta Moda, Alta Sartoria, and Alta Goilleria in Venice at the end of August. The collection focuses on the deep-rooted artistic traditions of Venice, according to the release.

Related: Nonfungible tokens soar even as Bitcoin price drops close to $32,000

The first concept in the collection is inspired by a dream from designers Domenico Dolce and Stefano Gabbana called L’abito dei Sogni, or Dress from a Dream. Other NFTs in the Collezione Genesi collection will be revealed in the weeks before the Alta Moda, Alta Sartoria, and Alta Goilleria shows. All will be exclusively auctioned on UNXD.

Dolce and Gabanna’s NFT is not the first in high-end fashion to get involved in the NFT market. Designers involved with the Paris Fashion Week will have a few NFTs available, with Gucci rumored to be joining the NFT space as well.

Even as prices for many cryptocurrencies drop, NFTs have remained strong, with more and more additions to the market. Recently LABS Group combined real estate with NFTs, allowing people to purchase a stake in its resort using the popular token technology. Artists like Muse have also continued to creat more NFTs as brands, nonprofits and foundations each join the growing market.

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