Porsche introduces NFT subsidiary
German sports car giant Porsche has entered the non-fungible token (NFT) market, with an announcement on June 14. developer the launch of a collectible NFT startup called Fanzone.
However, the automaker will not be looking to tokenize its luxury vehicles at this stage, instead choosing to focus on football-themed NFT collectibles.
The Fanzone, which was built from Porsche’s digital subsidiary Forward 31, has already partnered with Germany’s national men’s, women’s and under-21 soccer teams. Fanzone also has an agreement with the third tier of the local German professional league and intends to expand support for additional soccer leagues and other sports codes in the future.
The NFTs will be ERC-20 tokens issued through the Lukso blockchain, which was founded by former Ethereum developer and creator of ERC-20 and ERC-725 token standards, Fabian Vogelsteller.
“NFTs guarantee the rarity and identity of collectibles. Thanks to verifiable ownership, fans can benefit from increases in value, for example for limited editions, ”the ad read.
The firm also emphasized its concerns regarding the ecological footprint of the NFT sector, stating that it will donate part of Fanzone’s transaction costs to “sustainable sports and environmental projects.” Fanzone added that all of its employees currently commute to work using “emission-free” methods.
Genshiro launches non-expendable with Chainlink
Genshiro, the Kusama-based parachain from Polkadot’s main project Equilibrium, is launching a limited-edition collection of Chainlink-embedded NFTs celebrating five popular crypto assets.
Ethereum-based NFTs represent Cartoon kittens inspired by Bitcoin, Ether, Polkadot, Kusama, and Genshiro, with Chainlink pricing oracle integration serving to unlock special functionality when significant price milestones are reached.
For example, the golden versions of the BTC-themed kittens will be unlocked for NFT holders in case the price of Bitcoin exceeds $ 100,000.
.@GenshiroDeFi integrates #Link of the chain Price feeds on his collection of cats #NFTs, with purchases that help fund your Kusama parachain auction offering. Each dynamic NFT will produce a version of the golden cat if the underlying asset it represents reaches a certain price.https://t.co/SZ3E2y2feR
– Chainlink – Official Channel (@chainlink) June 14, 2021
Mark Cuban and Ashton Kutcher endorse NFT geniuses
Non-expendable startup, NFT, Genius has closed a seed funding round backed by a star-studded lineup of investors, including billionaire Mark Cuban, Dapper Labs CEO Roham Gharegozlou, Bitcoin proponent and Morgan Creek Digital co-founder Anthony Pompliano, and actor Ashton Kutcher.
Details on where the funding will go are scant, however the company currently has three NFT projects in the works, including “Gaia,” a music-centric marketplace slated for launch on Dapper’s Flow blockchain. Cannabis-themed collectibles called “Cryptobuds”. “And” Sidekick “: NFTs inspired by the comics designed by award-winning comic book writer Paul Jenkins.
The company also plans to expand the Gaia market to host NFTs from the sports, gaming and comedy niches in the future.
Although it is officially still in development, NFT Genius launched the collectible series “Bitcoin Origins” in October 2020, with tokenized collectibles celebrating major moments in Bitcoin history.
According to data from Crypto Slam, Bitcoin Origins tokens have generated more than $ 440,000 in sales in secondary markets during the last 30 days.
This is your life, tokenized
The composer behind Mad Max: Fury Road Y Zach Snyder’s Justice League, Tom Holkenborg, is auctioning an NFT that offers the highest bidder a custom 20 minute musical score inspired by his life story.
The auction, titled “Soundtrack of Your Life,” will launch live on AmplifyX, the Tezos-backed NFT marketplace, on June 17 and will start at $ 1,000.
The list states that the original score will be based on “a series of interviews that summarize the victories, heartbreaks, memories and unique emotions that make up their lives.”
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AmplifyX will also present Holkenborg’s NFT release “Despite All That Was”, featuring three open-edition digital artworks depicting UFO-like spaceships designed by the pseudonymous visual artist, “Space Renders,” accompanied by Holkenborg original music.
The artworks are priced between $ 100 and $ 300 each. Collectors who obtain all three NFTs will unlock additional music composed by Holkenborg.