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Kraken revved up the next phase of its plan to stir engagement and boost its customer base via its partnership with Williams Racing’s Formula 1 team, this time by offering contestants the chance to pick what NFT appears on racecars competing in the upcoming U.S. Grand Prix. The crypto exchange took to Twitter to announce the sweepstakes ahead of the race set to start in less than three months. “Want to see your favorite NFT at 200+ mph in front of millions of racing fans?” Kraken asked in a post. Winners of the contest will be able to choose to…

Crypto exchange Kraken is crowdsourcing which NFTs will adorn an F1 car Six total NFTs will be incorporated on the Williams’ car in the race If you look closely, you might catch a Bored Ape crossing the finish line during a Formula 1 race this fall. In an ongoing partnership with British Formula One team Williams Racing, crypto exchange Kraken will place non-fungible tokens (NFTs) on the back of the team’s cars competing in the U.S. Grand Prix this October. But which NFTs to choose? Kraken will be crowdsourcing its race car decals by allowing users to submit their NFTs…

As more artists and collectors flock to NFT marketplaces, it’s crucial to understand the ins and outs of this emerging market. This article will provide valuable tips to help buyers and sellers navigate NFT marketplaces effectively.Understanding NFT MarketplacesBefore diving into the tips, it’s essential to grasp the concept of NFT marketplaces. These platforms facilitate the buying, selling, and trading of NFTs. Popular marketplaces like OpenSea, X2Y2, and Blur allow artists to mint their digital creations as NFTs and collectors to purchase and trade these unique assets. Each marketplace has unique features, fee structures, and user interface, so it’s crucial to explore different…

Unofficial lord of the caffeinated beverage, Starbucks, has unveiled the latest stage of its NFT loyalty initiative. As a result, get ready to pay homage to an iconic piece of coffee-related apparel in the, drum roll please, Starbucks Green Apron Collection!Coming in hot at 12pm PDT on August 1, members of the Starbucks Odyssey program can purchase up to 2 NFTs that honor 50 years of the beloved green apron. However, those completing 3 ‘journeys’ prior to July 28, and members of the Starbucks workplace, can mint 3 hours early, at 9am PDT. Depending on its popularity, the mint will…

Just as the NFT realm appears to have hit a slow period, a new player has entered the game to shake up the industry with the power of augmented reality (AR). Through its cutting-edge facial tracking tools, FILT3R will let collectors become their digital selves in videos, meetings, virtual events, and more!Over the course of the last 2 years, tech entrepreneur and visionary, Marc Dutch, aka BAYC7621, has assembled a crack team of experts and co-founders with a mission to revolutionize the world of digital collectibles. As a result, it will enable NFT owners to unlock their 2-dimensional profile pics…

PROOF recently revealed that its new batch of NFTs, Grails IV, is now live! This limited supply of 1,138 creative collectibles completes the collective’s in-person exhibition in LA, whereby art lovers can admire the creations up close from August 11.With previous Grails collections boasting renowned artworks from Tyler Hobbs, Snowfro, Larva Labs, and Refik Anadol, Grails IV has been highly anticipated. However, adding mystery and anticipation to these new Grails assets are the 20 creative masterminds behind the masterpieces not being revealed until the same date as the live event launch — post the NFT minting phase on August 7-10.Grails…

Yuga Labs accelerates Otherside pla Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse. Yuga tweeted the news on July 31 saying the impending acquisition was to “execute our expansive vision” for Otherside. An accompanying release said Roar Studios’ founder and chief Eric Reid will join Yuga as the general manager of Otherside, charged with leading the development and production of the metaverse. We are proud to announce Yuga Labs is acquiring Roar Studios, a music and metaverse startup led by long-time entertainment Executive, Eric Reid,…

United Arab Emirates national airline Etihad Airways will soon release a new 300-edition expansion to its Polygon-based EY-ZERO1 non-fungible token (NFT) collection, promising holders a slate of new benefits like Etihad Guest Silver Tier Status, priority check-in, lounge access and the ability to stake their assets to earn miles. The limited-edition release, which launches on August 1, is the eleventh 3D aircraft model added to its EY-ZERO1 NFT collection, which first launched in July 2022. The new NFTs are designed to look like the Mission: Impossible-brandished Boeing 787 Dreamliner unveiled as part of a promotional tour for the recently-released “Mission:…

Bitcoin Ordinal inscriptions rebounded in a big way in July, but sales volumes measured by dollar value cratered as demand wanes. Even though July 30 saw a new daily record with more than 422,000 inscriptions, according to a Dune Analytics dashboard, sales volumes for the Bitcoin NFTs are on pace to finish nearly 50% lower than last month. Ordinals, which were launched in January, allow for the creation of NFTs on Bitcoin through a process that’s been dubbed as “inscription.” Bitcoin inscriptions daily volume. Source: Dune Bitcoin Ordinals trading volume CryptoSlam! trading data shows that Bitcoin Ordinal trading volume in…

The company’s president, Alejandro Navia, took to Twitter (X) to share the news, explaining that they had expanded too rapidly during the bullish market phase, necessitating a reduction in staff. The concept of web3 media or tokenized media publications aims to address the challenges faced by web2 media firms by capitalizing on NFTs to build a strong community around their content creation. NFT Now is currently on a mission to empower cultural makers and encourage the widespread use of NFTs and web3. In a notable achievement, the media company launched its Now Pass token in March, which rapidly sold out…