It’s been another busy week in the world of NFTs, so here’s the first of what will become our weekly NFT news recaps, including Martha Stewart’s new sideline, Facebook building the metaverse, and the Wu Tan Clan’s famous one-off album getting the NFT treatment.
883 Police Lists Digitalware on Bling
Popular Italian designer brand 883 Police will launch a special edition ‘883 Police NFT Collection’ on lifestyle and luxury NFT marketplace Bling as a part of its collaboration with Trace Network Labs. 883 Police CEO Seetharaman Kannan said he was “confident that with the 883 Police brand’s legacy of many years we can bring in extraordinarily quirky digital fashion that can be transaction as NFTs and also worn by users of a metaverse.”
Fancy Buying Plots on a Digital Mars?
Talking of the metaverse, a forthcoming NFT sale for Mars4 is allowing buyers to explore a virtual Mars metaverse, own and customize portions of the virtual red planet and even reap the rewards of the world’s first revenue-generating NFT. The Mars4 team has developed a blockchain version of the planet using NASA’s Mars data and has issued 4 billion tokens that equate to the planet’s virtual surface.
Facebook Going Big on the Metaverse
Staying with the metaverse, Facebook plans to change its name and focus on building the metaverse. CEO Mark Zuckerberg will discuss the venture next week, with the shift designed to make the company known for more than just its social media platform, which is coming under seemingly relentless assault. Facebook’s metaverse could be a place where NFT buyers can finally utilize their purchases for all manner of reasons.
Candy Digital Raises $100 Million
Candy Digital, which launched in June as the official NFT partner of Major League Baseball, has raised $100 million through Series A funding which values the company at $1.5 billion. The company, which makes digital collectibles on behalf of the MLB, will use the funds to continue its expansion into the sports collectibles market.
Martha Stewart Gets Ready to NFTrick or Treat
TV legend Martha Stewart has venture into the NFT world, launching her first collection on her own site Fresh Mint (cute). The first drop contains a collection of Halloween themed pieces ranging from personalized pumpkins to recreations of “Martha’s unforgettable Halloween costumes” from years gone by.
PleasrDAO Buys Rare Wu-Tang Clan Album as NFT for $4 Million
A cryptocurrency DAO, PleasrDAO, this week purchased the only existing copy of Wu-Tang Clan’s album ‘Once Upon A Time In Shaolin’ as an NFT for $4million. which was previously owned by former hedge fund manager and convicted felon Martin Shkreli.
The Clan stipulated that the album could never be shared, but PleasrDAO CEO Jamis Johnson still thinks that “we can do something with this piece to enable it to be shared and ideally owned in part by fans and anyone in the world.”
The Economist Falls Down the Rabbit Hole
The Economist has designed a beautiful crypto/Alice in Wonderland themed image for its latest cover which it is auctioning off as an NFT. The magazine says the auction is half experiment half charity event as 90% of the proceeds will go to its educational charity, while it refers to NFTs as being “a licence to use an image in certain limited ways”, which is a fairly accurate description of the technology