Reem Al Faisal, the photography-loving Saudi Arabian princess, recently announced the launch of her first Saudi non-fungible token (NFT) collection on Opensea and an art gallery in the metaverse. Photography Career Saudi princess Reem Al Faisal has launched her first NFT collection, called “Mekkah and Madinah,” on the Opensea marketplace, as well as an art gallery in the metaverse. The NFT collection features the Saudi shrine, Al Kabbah, while six Saudi artists are featured in the art gallery. According to a post on her Instagram account, the Saudi princess says…
Tag: NFT
Rolling Stone Partners With Coinbase, First Collaboration Is a Limited Edition NFT Collection – Bitcoin News
Following a two-year hiatus, the American magazine that’s dedicated to music, politics, and popular culture, Rolling Stone, announced the return of Rolling Stone Live. According to the publication, the Rolling Stone Live event marks the company’s first collaboration with Coinbase and the two firms will be dropping exclusive non-fungible tokens (NFTs). Rolling Stone Live 2022 Will be Presented by Coinbase This Year, Event Will Feature a Limited Edition Collection of NFTs Crafted by 12 Digital Artists Rolling Stone has teamed up with Coinbase in order to drop an exclusive Rolling…
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3 things every NFT investor should know to avoid a tax nightmare
2021 will be remembered as the year of nonfungible tokens (NFTs). In a year where names like Beeple and Bored Ape Yacht Club dominated the headlines, it’s estimated that NFTs have generated more than $23 billion in trading volume. The rise of NFTs has ushered in a new generation of investors who spend time scouring platforms like Discord and OpenSea looking for the next 100x opportunity. However, it’s important for the NFT investor of today to keep tax implications in mind. Otherwise, they risk repeating the mistakes of the past.…
Indian couple celebrates blockchain wedding with NFT vows, digital priest
A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain. The recently married couple from Pune, India, Shruti Nair and Anil Narasipuram decided to take their court marriage to the next level by hosting a blockchain wedding. According to Anil, the husband: “I read some articles on how people in other countries were doing blockchain marriages and it motivated me.” Other prominent crypto entrepreneurs to follow the trend include Rebecca Kacherginsky, Coinbase’s staff product designer. Most people…
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This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster – Bitcoin News
The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The NFL has partnered with Ticketmaster to issue the commemorative NFT tickets allowing fans to hold “a digital keepsake from their Super Bowl experience.” NFL and Ticketmaster Plan to Give Super Bowl LVI Attendees NFT Tickets On February 2, 2022, the NFL and the world’s largest ticket marketplace Ticketmaster Entertainment announced the organizations have collaborated in…
US Treasury Department Warns of NFT Risk in Art-Related Money Laundering
The U.S. Department of the Treasury warned that non-fungible tokens (NFTs) may become a tool for money laundering in the high value art market. Source
Which NFT Projects Should You Follow in 2022?
NFTs took the cryptocurrency market by storm last year. With numerous artists, athletes, and celebrities like Eminem, Snoop Dogg, John Cena, and Tony Hawk launching their own non-fungible token collections, hundreds of thousands of investors, collectors, and traders are waiting to get their hands on the hottest NFTs. Crypto users spent $44.2 billion of digital assets solely on Ethereum-based non-fungibles in 2021, according to a Chainalysis report. Most importantly, NFTs are definitely here to stay, with the sector continuing to thrive throughout 2022 and beyond. In this article, we have…
NFL to offer virtual NFT tickets at Super Bowl in Los Angeles
The NFL announced officially on Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized nonfungible token (NFT). The NFT will feature their unique section, row and seat to commemorate the game day and the Super Bowl’s return to Los Angeles for the first time in almost 30 years. According to the announcement, Super Bowl LVI provided the NFL with a special opportunity to offer NFTs at the event as a tool to engage and celebrate with fans. Robert Gallo, senior…