The NFT team of Red Bull Racing is now in the driver's seat for the last race of the season. Red Bull Racing will continue the trend of cryptocurrency and blockchain technology companies playing a significant role in Formula 1 by imprinting a nonfungible token (NFT) on the team's vehicles...
Year: 2022
Lionel Messi Becomes Sorare’s Brand Ambassador and Investor
Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor. Sorare is an Ethereum-based fantasy soccer game platform that leverages non-fungible tokens (NFTs). Therefore, Messi will be instrumental in how fans connect with players and clubs....
OpenSea Creates Tool for NFT Creators to Enforce Royalties On-Chain
NFT marketplace, OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments. It is probably not a new thing whether enforcing or not royalties which have been argued topics in the industry ever since it was introduced. While some platforms have...
Boson Protocol Launches Redeemable NFTs For Real World Assets
Boson Protocol, a Web3.0-based commercial marketplace has announced the revamping of its outfit for physical goods which it called Redeemable NFTs. Through this offshoot, users of the Boson Protocol can get a tokenized version of a physical object which they can redeem many years afterward. As detailed on the Boson...
Instagram to Run Polygon-backed NFT Marketplace
Meta has announced that social media giant Instagram will be introducing a non-fungible tokens (NFTs) marketplace that will run with the support of Polygon. "Creators will soon be able to make their own digital collectables on Instagram and sell them to fans, both on and off Instagram," Meta announced in...