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Showing posts from September, 2022

Universal Studios planning Halloween-themed NFT scavenger hunts

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  The   Universal studios   theme parks in California and Florida are adding non-fungible tokens to their list of attractions. Through Oct. 31, park visitors will be able to participate in a Halloween-themed scavenger hunt that could result in minting some 7 million total NFTs. Seven QR codes will be hidden at each park, and each will mint an NFT when scanned. Visitors who find and scan all seven will receive a special NFT, which Moonpay, the crypto payments service partnering with Universal on the project, said will unlock additional perks. πŸ‘‰     π‘©π’–π’Šπ’π’… 𝒀𝒐𝒖𝒓 π‘Άπ’˜π’ 𝑡𝑭𝑻 π‘ͺπ’π’π’π’†π’„π’•π’Šπ’π’ But the new NFT experience isn’t just for park visitors, MoonPay CEO Ivan Soto-Wright told " it provides the company with actionable customer data". The rise of NFTs last year was bolstered by their use as digital collectibles. According to data from Dune Analytics, major brands including  Nike, Dolce & Gabbana, and Tiffany  have sold hundreds of millions of dollars worth o

PGA Tour Links With Autograph for Multi-Year NFT Platform Partnership

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  The PGA, golf’s premier professional tour, has partnered with U.S. football quarterback Tom Brady’s non-fungible token ( NFT ) marketplace   Autograph   to create its own dedicated NFT platform. The multi-year tie-up will lead to NFT content created from the PGA’s archive of videos and player data, with all of the platform’s revenue going back into the players’ pockets, according to a report from Sportico. The new NFT platform is  set to launch  sometime in early 2023. The golf tour joins other major sporting leagues to ink long-term NFT deals, though it’s the first to do so with Autograph. The National Football League (NFL) and National Basketball Association (NBA) both have long-term NFT marketplace deals with Flow blockchain creator Dapper Labs, while Major League Baseball (MLB) sports an NFT partnership with Candy Digital. The English Premier League in soccer is also expanding into the space.        Create Your Own NFT Platform Autograph has slowly added big names to its platfor

New York museum plans to buy NFTs from art auction

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  According to a Sept. 13 Wall Street Journal article, the William S. Paley Foundation intends to auction off artwork valued at roughly $70 million and use a portion of the earnings to purchase non-fungible tokens (NFTs) and digital art, as reported by Cryptoslate. Glen Lowry, the director of the New York Museum of Modern Art (MoMA), revealed the concept. The organization overseeing William Paley’s estate since his passing reportedly plans to sell 29 of his 81 works currently housed at the museum and use the cash to increase MoMA’s digital footprints. According to Cryptoslate, to sell these items, the foundation has been in touch with Sotheby’s auction house. Pablo Picasso’s “Guitar on a Table” and Francis Bacon’s “Three Studies for a Portrait of Henrietta Moraes” are two works of art expected to be auctioned and each worth at least $55 million combined. There would be sales of further artwork, such as Renoir and Rousseau. It is anticipated that the transaction will bring in between $7

Generate Profits by converting your physical assets into NFTs

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Physical asset NFTs Real-world assets like land, properties, and artworks are converted into an NFT. Physical NFTs link the gap between the physical world and the digital world . Physical Assets NFTs make people understand their true potential of NFTs.  Digital NFTs and Physical NFTs Digital NFTs are NFTs that are available only in a digital medium. Every NFT is assigned a unique value and can be accessed from anywhere and anytime. In the beginning stage, NFTs were for people who wanted to collect digital assets. NFTs are now widely used by creators and digital artists who can monetize and tokenize their work. NFTs are also becoming popular in the gaming industry, with NFT games players can monetize their in-game assets as NFTs. Physical NFTs are physically present real-world assets like properties, land, artworks, etc.  How a Physical NFT works? ✪ Mint your physical asset as an NFT ✪ Choose the right marketplace for listing the NFT ✪ Trade your NFT with buyers ✪ A user will bid for