Ronaldo hints at NFT plans, and will the metaverse be a ‘tax haven?’: Nifty Newsletter

In this week’s newsletter, read about how German flagship airline Lufthansa uses nonfungible tokens (NFTs) to reward loyal customers and how soccer superstar Cristiano Ronaldo teased his future NFT plans during a lie detector test. Check out why a law professor believes the metaverse should be taxed, and find out how artificial intelligence (AI) and NFTs can provide a personalized learning experience to children. And don’t forget this week’s Nifty News, featuring a Mutant Ape NFT selling for over $800,000 amid an ongoing downward price trend.  Lufthansa launches NFT loyalty…

Google will allow ads for NFT games starting September 15

Google has updated its cryptocurrency advertising policy to allow for blockchain-based NFT gaming advertisements as long as they don’t promote gambling or gambling services.  According to a blog post from Google, the new changes will go into effect starting Sep. 15 and will be restricted only to games that meet certain criteria: “NFT games that allow players to purchase in-game items, like virtual apparel for a player’s characters, weaponry, or armor with better stats, consumed or used in a game to enhance a user’s experience or aid users in advancing…

NFT collapse and monster egos feature in new Murakami exhibition – Cointelegraph Magazine

Even if you aren’t personally familiar with famed Japanese contemporary artist Takashi Murakami, you have surely seen his work. The pop artist’s brightly colored signature characters have appeared on everything from limited edition Louis Vuitton bags to Supreme shirts to Vans skateboarding shoes. Having collaborated with celebrities like Drake, Kanye West and Billie Eilish, and institutions such as the Museum of Modern Art and Gagosian, Murakami is, without a doubt, one of the biggest “conventional” artists to try their hand at making nonfungible tokens (NFTs). Despite this, his projects still…

Justin Bieber hit track becomes NFT for royalty-sharing

On Sep. 7, the blockchain-centric music tech platform anotherblock and the co- producer of the track Andreas Schuller, also known as Axident, will drop the track “Company” as an NFT with only 2,000 available. The global pop icon Justin Beiber will have one of his hit songs turned into a nonfungible token (NFT), which fans can then invest in a stake of the royalties.  While Axident will still remain the rights holder, fans owning an NFT of the track will then be able to participate in a 1% royalty share…

Ronaldo teases NFT plans while on a lie detector test

Soccer legend Cristiano Ronaldo went through a lie detector test to answer various questions about soccer and teased his plans to release more nonfungible token (NFT) collections in the future.  The lie detector test video was done as the soccer star released his second NFT collection in partnership with crypto exchange Binance. The collection was released in July to celebrate the athlete’s reign as the highest goal scorer in the sport. Soccer star Cristiano Ronaldo was put under a lie detector test. Source: Binance The video allowed soccer fans to…

NFT trades surge as the average sale price hikes

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Non-fungible token (NFT) sales have witnessed a significant surge after taking a downward curve between Aug. 25 and 29. According to CryptoSlam, NFT sales grew by 36.5% in the past 24 hours, reaching roughly $14.25 million. Per the data aggregator, the total trades are still down by 19% from its local top of $17.61 million on Aug. 17. Moreover, the total number of transactions and the average sale have also registered 9.05% and 32.33% hikes. Per…

Airline Group Lufthansa Launches Polygon-Based NFT Loyalty Program

The rewards program has the potential to bring blockchain technology to more users as Lufthansa Group has about 36 million members in its regular Miles and More loyalty program. Lufthansa Group, the parent company of airlines such as Lufthansa, Austrian Airlines, Swiss International Air Lines, Eurowings, Brussel Airlines and others, has announced the launch of a new NFT-based loyalty program. Eligible customers in the program will receive blockchain-based digital trading cards that they can use to unlock benefits. The loyalty program is called Uptrip and is available on all of…

Lufthansa airline launches NFT loyalty program on Polygon

Lufthansa, one of the largest airline groups in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Network. The program will allow passengers to turn their trips into NFTs that can unlock rewards like miles and business lounge vouchers.  On Aug. 31, Lufthansa announced the Uptrip mobile application, a project by Lufthansa Innovation Hub, the airline group’s digital innovation unit and Miles & More, the airlines’ frequent flyer program. Lufthansa’s @Uptrip_app loyalty program is building #onPolygon to turn flights into rewardsCollect NFT trading cards for every flight…

Trump NFTs back in demand, SEC says NFT sales are unregistered securities: Nifty Newsletter

​​Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights. In this week’s newsletter, the United States Securities and Exchange Commission (SEC) registered its first unregistered securities sales claim against nonfungible token (NFT) offerings. An OpenSea manager accused of insider trading was sentenced to three months in prison and fined $50,000, and Trump NFT prices shot up after the former…

Animoca subsidiary builds AI and NFT tools for educators

TinyTap, an ed-tech subsidiary of Web3 developer Animoca Brands, announced on Aug. 30 the integration of new artificial intelligence (AI) and nonfungible token (NFT) tools aimed at educators and parents.  The integration of AI will now allow educators, and anyone using the platform, to create an educational game via a topical prompt which will then generate the game within minutes. It also introduced a text-to-image tool allowing for the creation of dynamic educational images to enhance games and graphics. A text prompt being entered into the TinyTap AI game generator.…