At the start of each year, several customers make goals or resolutions that involve trying something new. However, as we approach 2022, it seems as if more businesses, particularly those in the beverage industry, are taking notice and entering the non-fungible token (NFT) market. Brandessence Market Research provided statistics in
On Monday, Nike Inc announced that it had purchased RTFKT, a virtual sneaker company, for an undisclosed amount. The sportswear giant is quickly expanding its footprint in the fast-rising metaverse. The metaverse race is hitting up among several major brands. Last month, Nike became one of the first global brands
BeyondLife.club, powered by GuardianLink.io, collaborated with Stan Lee's P.O.W.! Entertainment, Graphic India, and Orange Comet to introduce the Chakraverse limited edition NFT collection on Tuesday. Based on Stan Lee and Sharad Devarajan's "Chakra The Invincible," the 'Chakraverse' limited-edition
MicroPets has announced that their 2D NFT has been validated on B.S.C. MicroPets has amassed over 60,000 holders in less than two months and a market capitalization of more than $200 million. MicroPets has converted the trendiest memes in the cryptocurrency sector, from Doge to Floki, into
The $50 million feature film Antara, based on the story of medieval Arabian knight Antarah Ibn Shaddad, is being produced by the NFT community Arabian Camels, which has developed an NFT that enables purchasers to retain up to half of the intellectual property rights. Arabian Camels and Swapp Protocol launched
It is estimated that by the third quarter of 2021, the global market for NFTs would be worth over $10 billion, thanks to the announcement of the first full-fledged NFT at DEVCON in October 2015. Moreover, as a means of representing a wide range of different things, NFTs are a
Invictus Capital aims to introduce modern digital artists to the global market by creating an NFT (non-fungible token) collection via the Invictus NFT Lab, which will bring together the finest of fine art and blockchain technology. One hundred NFTs on the Ethereum blockchain make up the Out of Africa Collection,
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According to The Sandbox’s co-founder Sebastien Borget, the open metaverse is at risk of being overrun by Big Tech companies. Borget, who serves as the company’s chief operating officer, reportedly told the South China Morning Post that his “biggest consideration” was defending the decentralized metaverse against big companies
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L’Oreal, the world’s largest cosmetics brand has teamed up with United Talent Agency (UTA) to launch a collection of non-fungible tokens (NFTs) celebrating women. The move is part of the brand’s marketing strategy for its new lipstick collection, dubbed ‘Reds of Worth’ by Color Riche. The NFT
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A member of the Bored Ape Yacht Club, one of the most popular collections of NFT in the world, recently sold an NFT worth $300,000 for a mere $3,000. The owner of the NFT, who went by the name Max or username, maxnaut, had wanted to list his
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In 2018, during the Ethereal blockchain summit, a certain Jacon Osinachi Igwe became the first Nigerian to tender his work for an NFT sale. He would then become the first finalist for the Bridgeman Studio Award in 2019. Jack Osinachi had some knowledge in NFT mining before the Covid-19 pandemic.
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Facebook (now Meta) has announced that its social VR experience platform Horizon Worlds can now be accessed for free by those in the US and Canada. The social media giant announced on Thursday that its platform, which has been in beta since last year, is now available to everyone 18
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The global Covid-19 pandemic has taught us that we can work from virtually anywhere. While this may not apply to certain critical roles like emergency healthcare, thousands of companies are beginning to rethink productivity and communication in the workspace. Fueled by the latest development in the metaverse space and the
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The COVID-19 pandemic has seen people moving from physical to digital, and the world of art was not left behind. Interest in digital art piqued with the pandemic, especially concerning NFT. NFT has made it easier to access art and made it possible to transform physical art into a digital
The Open Head NFT has announced its plan to deliver the pioneer raffle project on the block chain space using Ethereum. According to them, the idea for the project was conceived in line with their goal of developing trust and transparency in a decentralized eco-system. This project was developed by
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Viromusic Sets to Sell COVID-19 Genetic Code as Music NFT Another brand – Viromusic – has got caught up in the recent wave of integration between the arts, music, and the blockchain space. Viromusic has recently set out to leverage new medical and creative technology to synthesize COVID-19 genetic codes into sound.