NFT ERA

2022-04-26 15:15:00 ​​Football legend David Beckham enters into NFTs and the metaverse with 3 trademark filings

Following in the footsteps of a slew of celebrities, organizations, and corporations, David Beckham is the latest name to take his brand to the metaverse, after he officially applied for several metaverse and non-fungible token (NFT)-related trademarks.

Indeed, the legendary footballer submitted three trademark applications with the United States Patent and Trademark Office (USPTO) on April 19, according to a tweet from NFT and metaverse trademark attorney Mike Kondoudis on April 24.

Officially, the trademark, registered under serial number 97369672, was filed by California-based DB Ventures Limited, the venture capital firm owned by the football star-turned businessman.

It’s worth mentioning that Beckham jumped on the blockchain and cryptocurrency bandwagon in late March when he became the global brand ambassador for layer-one blockchain protocol DigitalBits (XDB), in order to use his influence to market the platform and increase its reach.

Other metaverse newcomers
On top of that, Beckham also isn’t the first in the world of football (i.e. soccer) to venture into the metaverse. As Finbold reported earlier, French footballing powerhouse Paris Saint-Germain (PSG) featuring superstars like Lionel Messi, Kylian Mbappe, and Neymar, also submitted a trademark application on March 16.

Meanwhile, other major names filing NFT and metaverse-related trademarks have included the air service branch of the United States Armed Forces, recording artist Billie Eilish, multinational energy corporation Chevron, global payment facilitator Mastercard, energy drink giants Red Bull and Monster Energy, Mark Zuckerberg’s Meta, lingerie brand Victoria’s Secret, as well as food industry giants KFC, Taco Bell, and Pizza Hut, and many others.

In total, NFT-related trademark applications had skyrocketed 400-fold in 2021 alone, compared to only three in the entire 2020. In 2022, an average of 15 such registrations had been recorded daily, as Finbold noted in February. Open / Comment

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2022-04-24 18:35:00 ​​NFT-Backed Film 'Project Iceman' Tracks Antarctica Triathlon Attempt of Anders Hofman

A new documentary following "Iceman" Anders Hofman's attempt to complete the first long-distance triathlon in Antarctica is being funded by NFT sales.

The crowdfunding raise for "Project Iceman" comes after the producers of the film turned down a $1.25 million offer from a major streaming platform on the basis that it afforded them "limited creative freedom." Instead, the project aims to build a community around the film, with participants becoming "investors and digital owners of the film."

The raise includes four NFT tiers, with perks including access to the film's virtual and physical premieres, access to future events and NFT launches, and ownership of 10-second clips of the film itself.

Film and NFTs
"Project Iceman" is one of a number of projects using cryptocurrency, Web3 concepts such as DAOs, and non-fungible tokens (NFTs), to disrupt the film industry.

A number of films have launched NFT crowdfunding raises similar to that of "Project Iceman," while indie film "Calladita" has been partly funded by the decentralized autonomous organization Nouns DAO, in exchange for a "product placement" deal that will see its NFTs featured in the film.

Why I'm Funding a Short Film With NFTs
Film funding bodies such as Decentralized Pictures are adopting DAO-like structures to determine which projects will win funds; the Coppola-backed nonprofit recently teamed up with "Ocean's Eleven" director Steven Soderbergh to launch a $300,000 filmmaking grant on the platform.

NFT collections such as Bored Ape Yacht Club, World of Women and CryptoPunks have secured Hollywood representation—a trio of Bored Ape Yacht Club short films backed by crypto exchange Coinbase already is in development.

Films are also being distributed as NFTs, including last year's "Zero Contact," starring Anthony Hopkins, and "Clerks" director Kevin Smith's forthcoming "Killroy Was Here." And NFT creators are exploring creative applications for NFTs—crypto artist pplpleasr's Web3 video project Shibuya will give NFT holders a say in the creative direction of each project launched on the platform. Open / Comment

2022-04-23 17:10:00 ​​BABYDOGE Launches Long-Awaited NFT Collection

Baby Doge, a cryptocurrency created “by fans of the Doge Coin online community” that “seeks to impress his father by showing his new improved transaction speeds & adorableness” has launched a long-awaited non-fungible token (NFT) collection.

The project’s NFTs have first launched for whitelisted users to mint them, before the public mint. The whitelisted mint went live on April 20 (4/20) at 4:20 PM EST to celebrate the day, with each whitelisted user being allowed to mint a maximum of three BabyDoge NFTs.

BabyDoge’s NFT collection is made up 10,000 unique Baby Doges generated through the use of 200 potential traits that include their eyes, headwear, their clothing, and more. Each token is stored as an ERC-721 token on the Ethereum blockchain and hosted via the Interplanetary File System (IPFS).

The NFT collection’s launch was seemingly successful as shortly after Baby Dogecoin was trending on the microblogging platform Twitter.

The cryptocurrency itself is “hyper-deflationary” as it is designed to become more scarce over time. Baby Doge holders receive more tokens automatically as every transaction on its network incurs a 10%, out of which 5% are distributed among token holders, and half are added to its liquidity.

It’s worth noting that BABYDOGE’s supply started at 420 quadrillion tokens, and over 125 quadrillion have been burned so far. It’s only available to trade on the decentralized exchange PancakeSwap.

The cryptocurrency was launched June 1 on the Binance Smart Chain with a mission to save as many dogs as possible, according to its website.

BABYDOGE, as CryptoGlobe reported, saw its price jump last year ahead of a NASCAR debut. The cryptocurrency’s NASCAR debut was on July 10, with BABYDOGE’s branding featured on driver Brandon Brown’s No. 68 Chevrolet Camaro.

Earlier this year, supporters of the meme-inspired cryptocurrency rallied to get the token listed on leading cryptocurrency exchange Binance through a campaign the trading platform launched where it asked users to make wishes in a bid to make some of them come true. Binance hasn’t yet listed it. Open / Comment

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2022-04-22 15:25:00 ​​Just-In: Moonbirds NFT Sells For A Record $800,000 As Demand Heats Up

A Moonbird NFT sold for over $800,000 in less than a week after its launch, setting a new record in sales for the fast-growin NFT collection. The collection has skyrocketed in sales and value since a successful launch last week.

Data from NFT Go showed that Moonbirds #7205 sold for about 265 wrapped ETH, or roughly $804,600. The figure is the biggest sale seen by the collection, and is also one of the most valuable NFT sales in recent weeks.

The collection is produced by the Proof Collective, which claims to be a private group of 1000 NFT collectors and artists. Reports say popular artist Beeple- who holds the record for the most valuable NFT sale- is among its ranks.

Moonbirds take flight
Moonbirds is currently the most-traded NFT collection by volume, with 24 hour volumes at $54.5 million, up 51%. Trading in the collection has blown past bigger peers such as Bored Apes, CryptoPunks and Azuki.

Moonbirds is currently valued at about $266.5 million, more than twice its market capital at launch. The token’s floor price is currently at about 33 ETH, over 10 times its minting price of 2.5 ETH.

The collection consists of 10,000 unique images of owls, and offers benefits for holding each token for a longer period of time. Like Bored Apes, Moonbirds also offer membership to an exclusive club that is affiliated with the Proof Collective.

Scams pour in
But the collection’s surge in popularity also invited a slew of scams and phishing attempts on Twitter. Reports showed that hackers had used verified Twitter accounts to send links that claimed to be associated with Moonbirds.

The links encouraged users to link their crypto wallets, after which their funds and NFTs were swiftly drained.

Moonbirds founder Justin Mezzell Tweeted against the hackers, urging users to be cautious. The official Moonbirds Twitter handle also decried the attacks, and said the project did not have any other channels beyond its official website. Open / Comment

2022-04-21 15:55:00 ​​Long Awaited Baby DogeCoin NFTs are Here

BabyDoge NFTs Go Live
After much speculation in the Non-fungible Token (NFT) space, the highly anticipated BabyDoge NFTs are now available. The unique NFTs have been the major talking point on BNB Chain, concentrating on the $50,000 USDT reward that whitelisted users could win.

The NFT mint went live on April 20 at 20:20 UTC, as whitelisted users were urged by the platform to visit the NFT page to purchase at least one BabyDoge NFT. Whitelisted users are also allowed to buy a maximum of three BabyDoge NFTs. As for the $50,000 reward, one lucky whitelisted winner would be selected by the meme coin.

The NFT collection comprises 10,000 unique Baby Doges. Each Baby Doges is generated from over 200 possible traits, including eyes, headwear, mouth, fur clothing, hats, glasses, etc. All the NFTs have different rarities. BabyDoge NFTs are stored as ERC-721 tokens on the Ethereum blockchain, and the floor price for one mint is 0.14 ETH. As of writing, over 30%, representing 3K plus BabyDoges, have been minted by whitelisted users.

Away from the NFT launch, BabyDogeCoin received a massive development boost in the industry. Binance recently endorsed the protocol by releasing a feature that allows users to track the price of BABYDOGE. Users can now check the live crypto price chart of the protocol’s native token by visiting the “BabyDoge Price Live Data page” on Binance. According to BSCDaily’s Twitter post on April 18, Binance also has a guide for users to learn how to purchase BABYDOGE.

Ronaldinho Partners With BabyDoge
Moments after BabyDoge Coin launched its NFT collection to the space, one of the greatest football superstars, Ronaldinho Gaucho, pledged full support. The Brazilian legend took to Twitter to announce his intent to launch an NFT collection in partnership with BabyDoge.

“Excited to announce I am partnering with BabyDoge to help support the biggest army in crypto with an NFT collection,” Ronaldinho wrote.
Ronaldinho looks to leverage BabyDoge’s colossal community to promote the NFT launch. Meanwhile, both partners have not decided on any date to launch the collection as the collaboration is still in the early stages. However, BSCNews expects huge adoption from the BabyDoge community when the NFT collection is unveiled to the blockchain space.

What is Baby Doge Coin?
Baby Doge Coin is the acclaimed 'son' of popular meme token, DOGE. Baby Doge Coin has a hyper-deflationary system that progressively increases its scarcity and increases its liquidity. The project team hopes to ride the momentum of its ‘father’ coin but with faster transactions and enhanced cuteness.

The Baby Doge Coin project looks out for the welfare of dogs and is actively reaching out to dog shelters & organizations that benefit dogs. Helping rescue as many dogs as possible is its goal. Open / Comment

2022-04-20 16:55:00 ​​NBA Announces 'Dynamic' Ethereum NFTs for Playoffs

The National Basketball Association will begin minting its upcoming Ethereum NFT collection of 18,000 assets called The Association on Wednesday.

NFTs are unique blockchain tokens that indicate one’s ownership over an asset, like a piece of digital art. Each Association NFT represents a real NBA player in this year’s playoffs. There will be 75 NFTs of each player from the 16 different NBA teams participating.

But, as with actual players, these NFTs don't stay static. NFT traits will evolve over the course of the playoffs based on each player’s real-life performance, meaning that a certain number of dunks, blocks, three-pointers, rebounds, or assists will change that player’s image. NFT backgrounds and “frames” will also change based on the player’s team’s performance.

Notably, The Association’s NFTs won’t cost NBA fans much. Its website states that the NFTs will be free to mint, but interested collectors will have to pay for the cost of gas on Ethereum. That said, the NBA is reserving some assets for holders of NBA Top Shot NFTs and limiting anyone to a maximum of one per wallet.

After the presale minting begins, the NFT art will be revealed on Friday and visible on NFT marketplaces like OpenSea.

The news comes shortly after the NBA launched a Discord server (with nearly 50,000 members) and a fresh Twitter account dedicated to all things “NBA x NFT.” Interest had also been swirling after some pointed out that the NBA had filed a trademark application for “The Association” branding earlier this month.

While the NFT market as a whole is slowing down, interest in sports NFTs has persisted. Last week, the Gary Vaynerchuk-backed NFT basketball game Swoops announced a $3.5 million funding round to help build out its fantasy sports title on Polygon. Open / Comment

2022-04-18 15:16:00 ​​Louis Vuitton releases new NFTs as fashion brands continue experiments in gaming

Luxury fashion brand Louis Vuitton is moving ahead with its experimentation with non-fungible tokens (NFTs) with the introduction of PFP-inspired NFT rewards in its stand-alone mobile app game Louis: The Game.

The game was first introduced in August 2021. Players enter a world where they can dress up their brand-inspired avatar named Vivienne and run around collecting postcards that teach them about the brand's 200-year history. The company has added new quests and new NFT rewards to the app, according to Vogue Business, who first reported the news.

Players who collect a certain number of free NFTs in the game will have a chance to qualify for an NFT raffle, which runs until August 4 (as one of the postcards in the game reveals, that day is Louis Vuitton’s birthday). Players have a chance to win one of 10 new NFTs that feature Vivienne in a range of different looks, which will be portable across multiple platforms like a PFP.

The NFTs are made in collaboration with Beeple’s startup Wenew Labs, which also worked with sister company Possible, and minted from Louis Vuitton’s Ethereum wallet. Open / Comment

2022-04-17 14:58:26 ​​Moonbirds Set to Bring in $66M as NFT Drop Mints Out

The Moonbirds team has promised the NFTs will offer utility within the PROOF ecosystem.

Moonbirds Set to Mint Out
The NFT space is in a frenzy over this weekend’s big drop.

Moonbirds have gone live this afternoon, with the majority of the 10,000 strong NFT collection minting out within the first few hours. Of the 10,000, 2,000 were made available to PROOF Collective NFT holders via a free mint, 125 were distributed by the Moonbirds team, and the remaining 7,875 were minted for 2.5 ETH each by those who won an allowlist spot through a public raffle. The Moonbirds team raised approximately $66 million from the allowlist mint at the current market price of Ethereum.

Moonbirds is a collection of pixel art owls minted on Ethereum. Each owl has different traits that denote its scarcity, and the art makes for a fitting profile picture on social media apps like Twitter. In that respect, Moonbirds is similar to many other so-called “PFP” projects that gained popularity in 2021.

However, Moonbirds promises something more than many other NFT projects, which explains why it sold out at such a high mint price. Although Moonbirds resemble cute owl characters on the surface, they in fact serve as “utility NFTs” for PROOF, one of the recent winners in the NFT space. PROOF had a hugely successful launch when it unveiled PROOF Collective, a private members club for just 1,000 NFT collectors and artists. PROOF Collective’s first drop, called Grails, featured ultra-rare works by the likes of Larva Labs and Tyler Hobbs, and the current floor price for one of its entry passes on the secondary market is over $250,000 in Ethereum. Moonbirds have been labeled as the official avatar for PROOF and though details are currently scarce, they’re expected to offer holders similar benefits to PROOF Collective passes. That could mean early access to exclusive mints, airdrops, or other rewards.

As Moonbirds are linked to the highly-successful PROOF Collective, today’s mint was incredibly sought after. It was initially due to launch as a Dutch auction starting at 2.5 ETH, but the team opted for a raffle and allowlist sale to due to the overwhelming demand, and to help exclude bots. The team said it had received about four entries into the allowlist raffle for every NFT available. Anticipation for the drop was at a high in the leadup to the mint, with widespread speculation over what the floor price would look like on the secondary market. In the minutes after the first Moonbirds hit the market, speculators were buying the NFTs for up to 25 ETH each, around $76,000; however as more NFTs hit the market prices fell. The floor price currently sits at 7.65 ETH on OpenSea.

The Moonbirds team tweeted out that it was “thrilled to see the community coming together” after the mint but has not yet released any further information on the project’s roadmap. Still, with $66 million banked, the team shouldn’t have any difficulty finding cash for their upcoming plans. Open / Comment