Meta is ditching its pursuit of NFTs as the company looks to prioritize, according to Stephane Kasriel, head of commerce and financial technologies at Meta. “Some product news: across the...
Tag: Corporate NFTs
Starbucks’s web3 Odyssey is seeing early signs of success, BofA says
Starbucks’s Odyssey program, an extension of Starbucks Rewards that seeks to expand brand loyalty in the virtual world, is seeing encouraging signs of early success, Bank of America said. ...
Deloitte, Sinclair Broadcast launching new sports metaverse experience
Deloitte and Sinclair Broadcast Group said they’ll be launching a new metaverse sports fan community experience leveraging Epic Games’ Unreal Engine to “enhance the ways in which fan...
Yuga Labs drops bitcoin-based NFT collection TwelveFold
Web3 • February 27, 2023, 6:00PM EST Yuga Labs, the creator of the Bored Ape Yacht Club, announced the release of a new bitcoin-based NFT collection called TwelveFold. The collection will consis...
Jury favors Hermes in MetaBirkin trademark dispute, says NFTs are not art
Luxury handbag maker Hermes won in court against the artist producing an NFT dupe of its flagship trademark Birkin. A nine-person jury in New York returned the verdict on Wednesday, ordering th...
Lionel Messi’s crypto sponsor Socios offering token holders chance to snag game balls
Socios, the company with World Cup-winner Lionel Messi as its global ambassador, is trying to score with fans by offering them a chance to win balls used to score goals. But you’ll have to pay t...
The year in NFT charts
From the dizzying highs of the bull run, when NFT Google searches were up what felt like thousands of percentage points, to the dark corners of the bear market, it’s been a tumultuous year for N...
Christie’s NFT sales fall 96% in 2022
Art auction house Christie’s saw a tremendous decrease in NFT sales this year compared to 2021, despite a bumper year elsewhere in its art business. Christie’s sold 87 NFTs in 2022 ...
Donald Trump NFT collection sells out within hours
A 45,000 item NFT trading card collection created by the former U.S. president Donald Trump sold out within hours and has already racked up more than 648 ETH, or about $785,000, in trading volume, acc...
Ripple sees promise in carbon credit and gaming NFTs despite market downturn
While Ripple Chief Technology Officer David Schwartz says he still gets most excited about payments, he’s also got his eye on carbon credits and gaming NFTs. “We’re really excited about carbon c...
Starbucks NFTs are now available to beta testers
Bringing a whole new meaning to javascript, Starbucks is expanding its coffee empire to web3 in earnest, as it rolls out its loyalty program in the U.S. to beta testers. The Polygon-based initia...
Warner Music Group and Polygon team up on virtual vinyl platform
Polygon and Warner Music Group have teamed up with e-commerce platform LGND.io to roll out a multi-year web3 music program that will allow users to play digital vinyl on-the-go. The platform, c...
The Block’s guide for the crazy web3 week ahead in Miami
Miami’s busiest week of the year is about to unfold, with the global jet set due to storm the city just after Thanksgiving for seven straight days of nonstop art and parties anchored by the Art ...
What’s next for metaverse post-crypto winter? Q&A with CAA’s Joanna Popper
As a kid growing up in Chicago, some of CAA’s Chief Metaverse Officer Joanna Popper’s earliest experiences with digital worlds came from playing arcade classics like Pac-Man and Ms. Pac-Man. Now...
Brevan Howard Digital co-leads $4.8 million round for NFT fraud detection startup Yakoa
Yakoa, a California-based NFT fraud detection startup, has raised $4.8 million in a seed funding round. Brevan Howard Digital, Volt Capital and Collab+Currency co-led the round, with Uniswap La...
Doodles CEO says brand is ‘ready to grow up,’ aims for Disney-level brand recognition
Ask Doodles new CEO Julian Holguin what he envisions for his upstart NFT brand, and he boasts of his company aspiring to challenge entertainment giants such as Disney, Amazon or Netflix. Doodles...