Tag: Physical

Layer-1 Blockchain Peaq Raises $15M to Fund Expansion of Its Decentralized Physical Infrastructure Ecosystem

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Rocket Carrying Physical Dogecoin To The Moon Takes Off, But Why Is Price Struggling?

The highly anticipated space launch that is carrying a physical Dogecoin to the moon has finally happened, but the DOGE price has remained stagnant. The Vulcan Centaur rocket took off earlier today with its impressive cargo with hundreds of thousands of participants dropping in. Vulcan Launch Goes Off Without A Hitch The Vulcan Centaur rocket launch carried out by the United Launch Alliance took off in the early hours of Monday. The rocket which carried the Peregrine Lunar Lander which is part of the NASA Commercial Luna Payload Services (CLPS)…

Physical CryptoPunks, Mercedes NFTs, and Yuga Labs wins ‘copycat’ lawsuit: Nifty Newsletter

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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, read about how holders of CryptoPunks nonfungible tokens (NFTs) were offered physical versions of their NFTs for 48 hours. Find out why some artists were ordered to pay Yuga Labs $1.6 million in a copyright lawsuit and why major German companies like Mercedes and Lufthansa are…

Exploring the integration of NFTs and physical assets

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NFTs have changed our understanding of digital assets since gaining more mainstream attention in recent years. With this, the relationship between NFTs and physical assets has also emerged as an intriguing and innovative use-case for this technology. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are unique digital tokens that represent one-of-a-kind items or assets. While NFTs are predominantly associated with the digital space, they can also be linked to physical assets through tokenization, thus bridging the gap between…

CryptoPunk holders offered physical versions of their NFTs for 48 hours

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Holders of CryptoPunk non-fungible tokens (NFTs) are being offered the chance to obtain physical prints of their digital art items, according to an October 26 announcement. The items are being offered as part of a partnership between online art store Avante Art and CryptoPunks brand owner Yuga Labs. The sale will last for only 48 hours. It began on October 26 at 3:00 p.m. UTC and will end on October 28 at 3:00 p.m. UTC. Our print collaboration with @avant_arte is officially live – for 48 hours only. Punk On-Chain…

CBDCs on the Rise: What the Decline of Physical Cash Means for Blockchain and Privacy

Key Takeaways * By 2028, only 9% of all payments are expected to be made in physical currency. * Central Bank Digital Currencies (CBDCs) are under development, but their design raises questions about privacy and personal freedom. * Critics argue that digital payment systems, unlike cash, can be monitored and can refuse service without consequence. The Inevitable Decline of Cash According to a report by the World Economic Forum dated September 26, 2023, the use of physical cash has been declining at a rate of approximately 15% each year since…

Walmart to Allow Customers Purchase Physical Items in Metaverse

Walmart has broadened the shopping experience for its customers in the metaverse as it merges purchases in the physical and virtual worlds. American multinational retail corporation Walmart Inc (NYSE: WMT) plans to expand its metaverse strategy by allowing its customers to buy physical versions of items available for virtual home purchases. Users can now purchase the items for their physical homes as they would for their virtual homes in House Flip, a game where players can renovate and sell virtual houses. In addition, customers can purchase virtual clothing in Zepeto, a mobile…

Adidas, FEWOCiOUS Releasing Digital and Physical NFT Sneaker

Tier Two will give presale access at regular price to holders of at least one ALTS by Adidas NFT ALT[er] Egos and all FEWOCiOUS NFT Holders. Tier Three is for any holder of at least one NFT from Gmoney’s Admit One, Bored Ape Yacht Club, Doodles, Inhabants: Generative Identities or Farokh’s Rug Radio collections. Source AdidasDigitalFEWOCiOUSNFTPhysicalReleasingSneaker CryptoX Portal

BitMEX collaborates with industry players to send physical bitcoin lunar

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BitMEX has formed a partnership with Astrobotic Technology Inc. and Bitcoin Magazine to launch the first physical bitcoin to the moon. The launch is scheduled to take place at the Kennedy Space Center this summer.  Readying for a space flight The upcoming event will mark the first Western soft lunar landing since NASA’s Apollo 17 mission in 1972. With over two years of meticulous preparation, the physical bitcoin has been integrated into the Moon lander Peregrine-1,…

NFTs unlock physical biodegradable vinyl records

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Hype around nonfungible tokens (NFTs) has cooled down, however innovative use cases for these digital assets continue to appear on the scene. Particularly in the music industry, which has been fertile soil for use cases of emerging Web3 tools in recent years.  On April 5th the DJ, producer and eco-warrior BLOND:ISH announced a new NFT project, which once purchased unlocks physical copies of her latest album on vinyl record. Cointelegraph reached out to BLOND:ISH for more details on the usage of NFTs as a gateway to unlocking physical items as…