Search Results for: NFT

Magnus Carlsen, NFT

Chess grandmaster Magnus Carlsen given with the NFT trophy, after tournament win

alsoGrandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, the Meltwater Champions Chess Tour, for the first time in chess history (MCCT). To indefinitely preserve the game’s most defining moments, the tournament produced a number of NFT trophies and collectibles. Carlsen expressed his gratitude to the cryptocurrency […]

advertising

As per reports, NFL banned teams from advertising crypto and selling NFTS

The NFL has reportedly banned all teams and members from participating in crypto-related sponsorships. And advertisements, as well as nonfungible token (NFT) sales. According to The Athletic, the NFL has prohibited cryptocurrency trading firms and NFTs from selling sponsorships until the league develops a strategy “for sports digital trading cards and art.” An anonymous NFL […]

Visa

NFTs are described as a “promising medium for fan engagement” in a Visa whitepaper

According to a recent whitepaper published by Visa. The company’s entry into the NFT market motivated by a review of the underlying technology. And it’s potential as a “promising medium for fan engagement.” Nonfungible tokens cited in the Aug. 23 publication as a key innovation during the pandemic, when strict shelter-in-place orders restricted live sports, […]

NFT Games

‘Formula E’ racing title, among four NFT-powered games announced

A licencing agreement with the Formula E electric single-seater car racing championship has been announced by Blockchain gaming company Animoca Brands to develop a blockchain-powered motorsports game with non-fungible tokens (NFTs). As an in-game currency, the Formula E game will use Animoca’s REVV utility token. For Animoca’s F1 Delta Time title, and the upcoming MotoGP […]

NFT Open With Exciting Gaming Lineup in 2020

NFT Open With Exciting Gaming Lineup in 2020

Blockchain in gaming is one of the hot topics of the market. This year the interests of both young software developers and big companies are catching up. Also, conferences and hackathons held regularly across the globe for developers. That to search for new ideas to incorporate blockchain into games. Decentralization and open-source design are the […]

FC Barcelona

FC Barcelona is in talks with crypto companies for shirt sponsorship

According to reports from Spain, footballing giants FC Barcelona may sign a crypto-related shirt sponsor. The club, which is one of the biggest and most successful in the world. Has a deal with Rakuten, a Japanese e-commerce behemoth. In Japan, the company runs the Rakuten Wallet crypto exchange, but its global interests are currently limited […]

crypto mining

COVID is forcing Chinese Internet cafes to become crypto mining hubs

As social distancing measures continue to bite in China, internet cafe owners are turning their businesses into crypto mining centers. According to The Time Weekly, via Sina, a large number of 24-hour internet cafes, designed primarily for PC gamers, shut down in 2020 as a result of the coronavirus pandemic. According to the media outlet, […]

Italian Firm Says That Its Non-Functional Tokens Will Fight Fake News

Italian Firm Says That Non-Functional Tokens Will Fight Fake News

Italian blockchain company LKS has developed a non-fungible token (NFT). Based network that could potentially prevent the dissemination of false news. An LKS spokesperson stated that the program produces an NFT containing publisher identity, publication time and a link to the original source. The token confirms the author’s identity (which is established during the registration […]

Formula 1 open tokenized crate sale on ethereum blockchain

Formula 1 Open Tokenized Crate Sale on Ethereum Blockchain

F1 Delta Time, the Ethereum-powered blockchain game has begun to sell in-game item crates. Players are now able to purchase a collection of cars, parts, drivers, and racing gear with the ERC-721 non-fungible tokens (NFT), according to F1 Delta Time official announcement from Feb 25. The sale will run through March 9, with 6,500 total […]

Blockchain-based shopify plugin

Blockchain Shopify Plugin Ensures Authentic Products for Consumers

We all are well-aware of the Shopify plugin. But blockchain-based Shopify plugin is a whole new thing both for the crypto traders/investors and individual consumers. Recently, a piece of news comes into the limelight that explains a San Francisco-based startup “Real Items Foundation” is beta testing a Shopify plugin. It includes blockchain technology to ensure […]