Nifty News: Porsche Enters NFT Sector, Mark Cuban Continues to Invest and NFT Powered by Chainlink

By June 15, 2021Polkadot
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Porsche unveils its NFT subsidiary

German sports car giant Porsche has entered the non-fungible token (NFT) market, with an announcement on June 14 revealing the launch of an NFT collectible startup dubbed Fanzone.

However, the automaker won’t be looking to symbolize its luxury vehicles at this point, choosing instead to focus on football-themed NFT collectibles.

Fanzone, which was built from Porsche’s digital subsidiary, Forward 31, has already partnered with Germany’s national men’s, women’s and under-21 football teams. Fanzone also has an agreement with the third tier of the local professional league in Germany and intends to expand its support to other football leagues and other sporting codes in the future.

NFTs will be ERC-20 tokens issued through the Lukso blockchain – which was founded by former Ethereum developer and creator of the ERC-20 and ERC-725 token standards, Fabian Vogelsteller.

“NFTs guarantee the rarity and identity of collectibles. Thanks to the verifiable ownership, fans can benefit from increases in value, for example for limited editions, ”says the announcement.

The firm also highlighted concerns about the ecological footprint of the NFT sector, saying it will donate part of Fanzone’s transaction costs to “sustainable sports and environmental projects.” Fanzone added that all of its employees currently commute to work using “zero emission” methods.

Genshiro launches non-fungibles powered by Chainlink

Genshiro, the Kusama-based parachain of the big Polkadot project, Equilibrium, is launching a limited-edition collection of NFTs integrated with Chainlink celebrating five popular crypto assets.

Ethereum-based NFTs feature cartoon kittens inspired by Bitcoin, Ether, Polkadot, Kusama and Genshiro, with the integration of price oracle Chainlink serving to unlock special features when important price milestones are reached.

For example, the golden versions of the BTC themed kittens will be unlocked for NFT holders if the price of Bitcoin exceeds $ 100,000.

.@GenshiroDeFi integrated #Chain link Price feeds his cat collection #NFT, with purchases helping to fund their parachain Kusama auction offer. Each dynamic NFT will create a golden cat version if the underlying asset it represents reaches a certain price.

– Chainlink – Official channel (@chainlink) June 14, 2021

Mark Cuban and Ashton Kutcher support genius NFTs

NFT, a non-fungible start-up, Genius has closed a round of seed funding backed by a list of star investors, including billionaire Mark Cuban, CEO of Dapper Labs, Roham Gharegozlou, promoter of Bitcoin and co -Founder of Morgan Creek Digital, Anthony Pompliano, and actor Ashton Kutcher.

Details are scarce on what the funding will go to, however, the company currently has three NFT projects underway, including “Gaia” – a music-driven marketplace slated to launch on Dapper’s Flow blockchain, objects from cannabis-themed collection dubbed “Cryptobuds,” and “Sidekick” – comic-book-inspired NFTs designed by award-winning comic book author Paul Jenkins.

The company also plans to expand the Gaia market to host NFTs of sports, gaming and comedy niches in the future.

While officially still in development, NFT Genius launched the “Bitcoin Origins” collectible series in October 2020 – featuring symbolic collectibles celebrating major moments in Bitcoin’s history.

According to data from Crypto Slam, Bitcoin Origins tokens have generated over $ 440,000 in secondary market sales in the past 30 days.

It’s your life, symbolized

The composer behind Mad Max: Fury Road and Zach Snyder Justice League, Tom Holkenborg, is auctioning an NFT offering to the highest bidder a personalized 20-minute musical score inspired by the story of their life.

The auction, titled “Soundtrack of Your Life,” is scheduled to go live on the Tezos-backed NFT AmplifyX Marketplace on June 17 and will have a starting price of $ 1,000.

The listing states that the original score will be informed by “a series of interviews that encapsulate the unique victories, sorrows, memories and emotions that make up their lives.”

Related: Nifty News: Doge NFTs alot wow, Paris Hilton is an NFT advisor, NFT game raises $ 3 million

AmplifyX will also host Holkenborg’s NFT drop “Despite All That Was,” which features three open-edition digital artworks depicting a UFO-like spaceship designed by pseudonymous visual artist “Space Renders”, accompanied by the original music by Holkenborg.

Artworks cost between $ 100 and $ 300 each. Collectors who get all three NFTs will unlock additional music composed by Holkenborg.

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