NFT
The Beatles and John Lennon music history collection to be auctioned as NFTs
John Lennon’s eldest son Julian is selling some of the rarest pieces of music history from his private collection. John Lennon’s coat from the “Magical Mystery Tour” film, his cape from “Help!,” three guitars and Paul McCartney’s handwritten arrangement notes for “Hey Jude” are some of the most sought after memorabilia from music history up for nonfungible token (NFT) auction. The NFT series, called “Lennon Connection: The NFT Collection,” has opened up for bidding on Monday and will commence on February 7 in collaboration with NFT marketplace YellowHeart and Julien’s Auctions. A portion of the sale from the NFT auction will be donated to Lennon’s White Feather Foundation. Registration and Bidding is now open for Lennon Connection: The NFT Collection. In...
Steve Angello Bets On Blockchain Marketplace to Revolutionize Music Rights Ownership
Steve Angello is placing a bet on the future of music rights and throwing his weight behind anotherblock, a Swedish startup dedicated to expanding public access to royalty investing by way of NFTs. Founders Sebastian Knutsson and Mattias Miksche both boast impressive pedigrees from different sectors of the technology industry. Knutsson is the founder of King, the publishing and development company behind Candy Crush, while Miksche’s company Stardoll has operated as an angel investor in AI-learning platform Sana Labs, among other successful early stage companies. According to a press release shared with EDM.com, the Swedish House Mafia star threw his hat in the ring during anotherblock’s latest pre-seed funding round, which raised $1.2 million. The platform will seek to tokenize...
Ozzy Osbourne’s CryptoBatz NFTs Hit by Scam That Bilked Users Out of Thousands of Dollars
A few weeks ago, Ozzy Osbourne announced his new CryptoBatz NFT collection, making 9,666 unique digital bat designs available to those willing to part with their cryptocurrency. Now it turns out that a large number of people were scammed out of thousands of dollars worth of crypto thanks to a bad link shared by the project’s official Twitter account and website. As tech site The Verge reports, Cryptobatz uses the site Discord for its transactions and initially used the shot URL “discord.gg/cryptobatznft” (do NOT click) in its Twitter posts. Somewhere along the line, the official short link was changed to discord.gg/cryptobatz, but hackers took advantage of the old URL to set up a fake Discord site. Unfortunately, Ozzy and his partner companies still left up the old Tweets with the old link...
Custodial vs non-custodial NFTs: Key differences
Nonfungible tokens can be minted, sold or bought on NFT trading platforms that are either custodial or non-custodial Today, the crypto space is filled with NFT platforms of all kinds such as mass and niche ones, self-service or invite-only platforms, gaming NFT platforms, sports or music NFT marketplaces and many others. All of them operate slightly differently, provide distinct functionality and offer various types of NFTs. The majority of NFT marketplaces are based on the Ethereum blockchain while others belong to blockchains like Binance Smart Chain (BSC), Polkadot, Solana and Cosmos, to name a few. Some marketplaces are custodial and some are non-custodial. It is worth noting that some types of NFTs may not get accepted on certain platforms, mostly custodial ones as they get to choose ...
Meta exploring NFTs integration, with a marketplace reportedly in plans
Meta will support digital art creators by introducing monetisation for their collectibles Social media giant Meta plans to take advantage of the growing hype in the NFTs industry, according to recent reports. NFTs burst into the scene last year, ballooning to surpass a figure of $40 billion in trades as of the end of 2021. A Thursday report from the Financial Times detailed that ‘several people familiar with the matter’ have suggested that Facebook and Instagram are eyeing NFT integration with talks of an NFT marketplace also in the air. It is worth noting that following the transformation of Facebook into Meta, CEO Mark Zuckerberg indicated that his company would explore the idea of bringing NFTs into the Meta universe. A ‘space’ for creators to exhibit their work ...
Tom Brady’s NFT platform Autograph raises $170M to scale operations
The nonfungible token (NFT) marketplace Autograph co-founded by Super Bowl champion Tom Brady has announced it closed on a $170 million funding round. In a Wednesday announcement, Autograph said Andreessen Horowitz, or a16z, and VC firm Kleiner Perkin co-led the $170-million Series B round with contributions from crypto investor Katie Haun’s firm, Nicole Quinn of Lightspeed Venture Partners, and San Francisco-based venture firm 01A. The company said it planned to use the funds to scale its NFT technology and hinted at a series of partnerships aimed at expanding its user base. In addition to the funding round, Haun, a16z general partner Arianna Simpson, and Kleiner Perkins partner Ilya Fushman will join Autograph’s board of directors, with a16z general partner Chris Dixon joining the firm’s...
Metaplex Foundation closes $46 million raise to expand Solana NFT use cases
The firm specifically sought investors in the sports and entertainment industries to stick with the current NFT curve Metaplex Foundation, the creator of Solana’s NFT protocol Metaplex, has today said it completed a funding round in which it raised $46 million. The round was co-led by Jump Crypto and Multicoin Capital, with several other major brands, including Alameda research, Solana Ventures and Animoca Brands involved. Prominent public figures, including American rapper Snoop Dogg and several retired as well as active pro basketballers such as Michael Jordan, Allen Iverson, and Kevin Love took part. DJ production duo The Chainsmokers (via Mantis Venture Capital firm) and New York Knicks Executive Vice President also participated. In total, 90 investors pitched in the fundraising....
Coinbase seals partnership deal with Mastercard to facilitate NFT purchases
The exchange announced its upcoming NFT marketplace last year, and its waiting list has already accumulated over 2.5 million users US-based cryptocurrency platform Coinbase, on Tuesday, announced it is working with multinational financial services firm Mastercard to allow users to buy NFTs using cards. Most of the existing NFT marketplaces currently only support crypto payments for the collectables and digital items they host. The Coinbase-Mastercard partnership aims to simplify things for users of the former’s upcoming NFT platform by allowing them to complete purchases using the latter’s cards. By making the experience of purchasing NFTs suitable for novice users, the pair hopes to reach a broad market. “As an important step in this mission, we’re excited to annou...
Crypto Collective Spent Millions on Copy of Dune Book Thinking It Gave Them IP Rights
Cryptocurrency collective Spice DAO purchased a rare copy of Alejandro Jodorowsky’s Dune, spending millions — more than one hundred times the estimated auction price — because they were apparently under the mistaken impression that owning a book was the same as owning intellectual property rights. Christie’s auction house thought that the book would sell for between €25,000 and €35,000, or about $28,000 to $40,000 USD. That’s still a lot for a book, which is based on a cinematic adaption of Frank Herbert’s Dune that acclaimed avant-garde director Alejandro Jodorowsky attempted and failed to make in the 1970s. This copy is one of about ten bibles Jodorowsky created in an attempt to convince studios to finance the project. He didn’t succeed, but the curios have gained a c...
Escape Reality With Aluna’s Kaleidoscopic “Forget About Me” Music Video
Aluna has invited us to “escape reality” and enter her psychedelic dream world in the music video for her latest single, “Forget About Me.” Out now via Mad Decent, the video takes us to a kaleidoscopic Palace of Versailles where Aluna, clad in a towering electric blue wig, hosts a decadent tea party and travels to an animated dimension with her VR headset. It’s all set to the feel-good dance pop tune of “Forget About Me,” which features Diplo and Durante and is embedded with a future house, four-on-the-floor bass beat and bright tropical house percussion. Aluna’s piano skills also make an appearance, as does Diplo on the bass guitar. Recommended Articles “Forget About Me” also came paired with 69 corresponding ...
IreneDAO NFTs causing a stir on crypto Twitter
The story of the IreneDAO NFT craze started in October when 28-year-old Chinese crypto influencer and model Yuqing Irene Zhao came up with the idea for “So-Col” with her business partner, Benjamin Tang. So-Col is short for “Social Collectables,” Irene explained to Cointelegraph, and the platform aims to help content creators monetize their content and build communities with their fans. Branded as the “decentralized version of OnlyFans, Discord, Twitch, and Patreon,” the platform allows content creators and influencers to convert their social media content into non-fungible collectible items (NFTs.) It is powered by StarkWare’s layer-two solution StarkEx and leverages the decentralized ID protocol. Fast-forward to Tuesday last week, Tang and Irene launched a sticker pack for Irene’s Telegra...
Gramatik’s “Water 4 The Soul II” Album Is An Ode to Emerging Blockchain Technologies
“Strap on your headsets and gather all your assets,” commands Stehreo in the introduction of Gramatik‘s new album, Water 4 The Soul II. Gramatik’s passion for blockchain technology is nothing new, but his latest effort reveals the multi-genre producer has only become more entrenched and enamored with the promises of the metaverse, digital collectibles and more. The nine-track effort is only available on blockchain-based streaming platform Audius thus far, and is chock full of nods to emerging cryptocurrency tech with titles like “Wagmi Express” and “Hodlers in Paris.” Musically, Gramatik continues to derive inspiration at the intersection of funk and electronic with twangy pluck basses, jazzy piano riffs, and lively brass fanfare. Recom...
