Tag: NFT

Lacoste expands NFT ecosystem with new rewards and co-creation feature

French fashion brand Lacoste has announced the expansion of its non-fungible token (NFT) ecosystem by introducing a rewards and co-creation feature for its UNDW3 community. Lacoste made its initial foray into the world of web3 in June 2022 with the launch of the UNDW3 Genesis passes NFT collection, consisting of 11,212 unique tokens. These NFTs served as a gateway for community members to access exclusive limited-edition merchandise and in-person community events, providing an immersive and unique experience. With each NFT initially minted at the cost of 0.08 ETH (approximately $95…

Candy Digital and Palm NFT Studio Announce Merger

“We’re thrilled to bring together two teams that have been market leaders in innovation and fan engagement,” Lawin told CoinDesk. “Palm NFT Studio shares Candy’s excitement about the role that digital assets will play as the connective tissue between fans, brands and content in Web3, and we’re looking forward to bringing world-class brands like Warner Bros. Discovery and DC to the Candy platform and community.” Source

Azuki ‘Elementals’ Mint Mishap Is a Reminder of the Precarious State of the NFT Market

Last Friday, the Azuki team held a token-gated event in Las Vegas called “Follow the Rabbit,” where they airdropped a portion of the unrevealed Elemental NFTs to holders in attendance. On Monday, the team announced details of the mint, explaining that the remaining Elemental NFTs would be sold in 10-minute rounds – first to holders of Azuki NFTs, then to BEANZ holders and then to the general public. The sale was meant to be held Dutch auction style, where the price of the NFTs would begin at 2 ETH and…

You Can Now Show ‘Proof of Work’ History Through Coordinape’s Soulbound NFT

“We think that work history will live on-chain for digital communities and digitally native organizations (like DAOs), as a record of provable interactions between individuals, teams, orgs, etc.,” said Zemm. “For contributors using Coordinape, this is an early primitive that we think can add to the space and story of someone’s work and collaborations, and in a manner that will become more sovereign and provable than has been done before.” Source

Yes, the Secret Service has an NFT collection, and no, it’s not for sale

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The United States Secret Service has finally shed more light on its bizarre nonfungible token (NFT) collection sitting on OpenSea.  The NFT collection was first revealed during a Reddit AMA on May 16, where agents answered questions from members of the r/cryptocurrency subreddit about their involvement in crypto and blockchain tech. Until this time, not much of an explanation was provided about the NFT collection or why it exists. Speaking to Cointelegraph, agents from the Secret Service’s San-Francisco field office, known as the “Digital Asset Technology Alliance” (DATA) Squad, said…

MetaBirkins NFT Maker Banned From Selling Birkin-Based Collectibles

“As the jury expressly found, Rothschild, a self-described ‘marketing strategist,’ purposely sought (with some success) to confuse consumers into believing that his non-fungible tokens (‘NFTs’), labeled ‘MetaBirkins…’ were affiliated with Hermès’ iconic ‘Birkin’ trademarks,” Judge Rakoff wrote in a filing on Friday. Source