nft

why-celebrities-are-getting-sued-for-promoting-their-bored-ape-nfts

Why Celebrities Are Getting Sued for Promoting Their Bored Ape NFTs

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lexit-announces-best-nft-+-defi-partnerships-with-professional-automotive-drivers

LEXIT Announces Best NFT + DeFi Partnerships with Professional Automotive Drivers

January 13, 2022 by

The NFT and DeFi platform:  

IMAGINE, you could turn your Art, Music, Film, Books and ALL kinds of Inventions like… Source Code or even Patents into NFTs and have them available RIGHT AWAY to anyone & everybody on DeFi Liquidity Pools.

About LEXIT:  

LEXIT is a platform for transforming Intellectual Property into Non Fungible Tokens (NFTs). Anyone owning Art, Music, Film/Videos, Patents or Technical Inventions, can join and submit a listing for an NFT Launch, collect NFTs, follow/like its favorite creators and have the ability to build their NFT identity with LEXIT.

LEXIT will soon after also release an extension of its NFT Launchpad with an integration of its Decentralized Exchange (DEX) which will make launched NFTs immediately available for trading on LEXIT’s DeFi Pools.

Katia:  

“We are excited to be here at Petit Le Mans to debut our partnership with the talented Corey Lewis & Tommy Milner for the launch of LEXIT’s NFT Platform. LEXIT plans to have an automotive/motorsport themed launch with a focus on providing a fan engagement experience with the drivers and we couldn’t imagine two better drivers to lead that launch.”

THE WHY of it all:  

– LEXIT focuses on Motorsport’s industry to provide drivers a new source of revenue & a deeper level of engagement with fans. One of LEXIT’s goal is to provide a direct level of athlete engagement with fans 

– LEXIT is experimenting a new potential vehicle that could shift the overhaul of how sponsorship works with drivers

MEET THE DRIVERS 

Corey-Lewis-Profile-Pic

Corey Lewis: “Beyond excited to have LEXIT on board. This has been something that John Wise has been preaching for the last year. Now is the time – the future is now – NFT’s are rapidly growing and it is an absolute honor to be the first to have a Motorsport NFT with Lexit. I’m very excited for the future and I look forward to educating people in and out of Motorsports about NFT’s.”

R

Tommy Milner is an American race car driver with 18 seasons in the top sports car racing series, having represented and raced for some of the most successful racing teams and manufacturers over those years. He currently competes for Corvette Racing in the IMSA WeatherTech Sportscar Championship.

Jordan Taylor

Jordan Taylor (born May 10, 1991) is an American professional racing driver. He currently competes in the WeatherTech SportsCar Championship for Corvette Racing. He won the 2017 24 Hours of Daytona (along with Jeff Gordon, Max Angelelli and brother Ricky Taylor) and the 2017 championship in the Prototype class of the WeatherTech SportsCar Championship.MEET THE FOUNDERS 

Copy of IMG 4643.T

Katia Zaitsev, co-founder, Lexit

Katia Zaitsev 

Chief Business Officer & Co-Founder 

LEXi Digital Assets Ltd

About:  

Katia is a young female entrepreneur with expertise in business development, Growth in Revenue & Corporate Partnerships. Katia’s experience in growing revenue & developing businesses across various industries has given her the ability to grow LEXIT to its utmost potential. Katia began her career as a competitive athlete, representing Canada on a National Team level across the globe, giving her the strength, discipline & endurance from a young age to outperform the expectancy.

What is Lexit? 

LEXIT is a platform for transforming Intellectual Property into Non Fungible Tokens (NFTs). Anyone owning Art, Music, Film/Videos, Patents or Technical Inventions, can join and submit a listing for an NFT Launch, collect NFTs, follow/like its favourite creators and have the ability to build their NFT identity with LEXIT.

LEXIT will soon after also release an extension of its NFT Launchpad with an integration of its Decentralized Exchange (DEX) which will make launched NFTs immediately available for trading on LEXIT’s DeFi Pools.

Story Ideas:

– Our unique selling point is that we created a regulatory compliant process to fractionalize NFTs in any number of sNFT (Shard NFT) and making these available on our integrated Liquidity Pools to be swapped versus other crypto tokens.

– LEXIT is launching an industry wide theme – automotive/motorsport NFT marketplace

– Now is the time – the future is now – NFT’s are rapidly growing and it is an absolute honor to be the first to have a Motorsport NFT with Lexit.

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Last modified: January 12, 2022

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lalaland-launches-meta-model-nft-exclusively-for-ces

Lalaland launches Meta Model NFT exclusively for CES

Award-winning fashion tech start-up Lalaland today announced the launch of its Meta Model NFT exclusively for CES. The Amsterdam-based company is the next name to venture into the virtual world as interest in the metaverse

and assets like non-fungible tokens (NFTs) have surged over the past several months. 

Virtual fashion models, digital fashion, and blockchain collide in a global first with the launch of Lalaland’s new limited-edition NFT built using Lalaland’s Genesis Meta Model Creator.

Lalaland’s Genesis Meta Model Creator, launched at CES 2022, is a first-of-its-kind product. Fashion brands and retailers can leverage the tool to generate virtual fashion models of different body types, sizes, and skin complexions, helping them reduce cost and enjoy faster time to market for their on-model images.  

By combining crypto technology with virtual fashion models wearing digital fashion, Lalaland’s project marks the first time NFT artwork has been designed exclusively for CES visitors.

“The release of our NFT marks an exciting moment, because with this launch, we’re opening up new possibilities and value for NFTs, as well as a new distribution channel for our virtual fashion models,” said Lalaland’s co-founder and Chief Commercial Officer Harold Smeeman.

Lalaland is forging a whole new realm in fashion, and the world has taken notice. Backed by Google’s Black Founders Fund, Lalaland has already created virtual fashion models that more than two million consumers see on a weekly basis. 

Lalaland will be showcasing the Meta Model NFT at CES in the NL Tech Square Start-Up Pavilion in Eureka Park at Tech West in the Venetian Expo Venue, Level 1, Hall G.  

To learn more about Lalaland, visit them online at https://lalaland.ai/.

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Last modified: January 7, 2022

About the Author:

Tom is the Editorial Director at TheCESBible.com

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ethereum-will-be-the-new-app-store-in-a-decentralized-future,-says-microsoft-exec

Ethereum Will Be The New App Store In A Decentralized Future, Says Microsoft Exec

December 9, 2021 by

  • Microsoft’s top-ranking executive has touted Ethereum to be the de facto app store in the future.
  • He says the timeline for this to happen is 2023 and will occur after Ethereum scales up.
  • Ethereum network plays a key role in NFTs, DApps, and decentralized finance.

According to Microsoft’s Director, the Ethereum network could gain even more adoption in the future. The network’s offerings and capabilities will make it the ground-zero for apps in 2023.

Ethereum – The Mothership

Yorke Rhodes, the Director of Digital Transformation at Microsoft has hailed Ethereum’s stellar features and has predicted the network to be the go-to hub for apps by 2023. As the world inexorably marches towards a decentralized future, DApps are beginning to rise in popularity and according to Dapps Radar, there are over 9,000 decentralized applications in existence.

“Prediction: Ethereum becomes the Decentralized Appstore by 2023,” said Rhodes against the backdrop of falling revenues from traditional app stores like Google and Apple. 

Rhodes’ prediction of 2023 might be tied to the Ethereum network’s transition from Proof-of-Work to Proof-of-Stake that will usher in a new era for the network. The transition is viewed as a major solution to the nagging problem of scaling and the high gas fees associated with Ethereum in recent months. Already, Ethereum’s co-founder Vitalik Buterin has proposed some short-term scaling solutions for the network.

While Ethereum has the pedigree of being the first mover with decentralized applications like CryptoKitties gaining traction in 2017, it has come under threat from newer blockchains like Solana and Polkadot. It is widely expected that after Ethereum transitions, the network will be able to muscle the competition from other blockchains.

Ethereum’s switch to Proof-of-Stake is billed to be completed sometime in 2022. The network has well over 3,000 DApps built on it and is the undisputed leader in the nascent fields of NFTs and DeFi.

DApps Will Play A Huge Role

Web 3 is the new rallying cry of cryptocurrency enthusiasts, signaling a shift away from the traditional internet as we know it. This iteration of the internet focuses on decentralization which is in contrast with the current regime of centralization of data by big tech companies. 

DApps have their backend code running on decentralized peer-to-peer networks, unlike traditional applications that run their codes on centralized servers. According to proponents, DApps, NFTs, DeFi, and DAOs will serve as the building blocks for a new future of the internet.

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Last modified: December 23, 2021

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nft/crypto-becoming-‘impossible-to-ignore,’-as-it-ropes-in-more-wall-street-investors

NFT/Crypto becoming ‘impossible to ignore,’ as it ropes in more Wall Street investors

December 8, 2021 by

The cryptocurrency industry is steadily roping in Wall Streets giants. In its year-end letter, LionTree’s Chairman and CEO Aryeh Bourkoff highlighted the exponential growth and potential of the budding sector. Thus, citing the recent quest by the ConstitutionDAO to buy the American Constitution’s NFT. He said,

“It epitomizes the potential of the new economy: cutting-edge technology at the service of communities who can act upon their shared ideas not only recreationally, but in ways that create lasting value.”

He also argued that cryptocurrencies could fulfill the internet’s goal of empowering individuals. According to him, the crypto sector has now become “impossible to ignore” with the industry’s market cap sitting at over $2 trillion.

Furthermore, he noted that cryptocurrencies are also helping those with excess cash to guard their funds against inflation while also getting higher yields and returns.

Expanding upon LionTree’s future crypto plans, the banker noted,

“We’re currently exploring ways to start accepting crypto as payment for our services, and in the not-so-distant future, as our ecosystem grows and our relationships continue to mature, we might even create our own LionTree token of trust.”

However, Bourkoff’s high praise was accompanied by issues that he feels need to be addressed before cryptocurrencies truly become mainstream. He noted that the industry needs to become more energy efficient to be widely accepted.

Thereby, adding that a single transaction on the Ethereum network utilizes more energy than an average U.S. household does in a week. Notably, he also mentioned the need to adopt friendly user interfaces by crypto platforms so that their user base can expand further from a predominantly male and tech-savvy population.

The biggest issue perhaps would be meaningful regulation, according to Bourkoff, as it would include governing cryptocurrencies that are explicitly marketed as alternatives to fiat currencies. He said,

“Globally, countries will have to balance regulation and innovation, and weigh their desire to attract the next generation of entrepreneurs against their urge for control through centralized currencies.”

LionTree has had a successful 2021, having brokered some large media acquisition deals including those between WarnerMedia with Discovery Inc. along with Amazon’s acquisition of MGM Studios.

Bourkoff and his firm are one of the proponents of traditional finance that are now dipping their toes into the cryptocurrency industry. Just recently, billionaire investor Ray Dalio revealed that he owns “bits” of Bitcoin and Ethereum, adding that,

“It has been an amazing accomplishment for bitcoin to have achieved what it has done, from writing that program, not being hacked, having it work, and having it adopted the way it has been.”

In fact, a recent survey by EY found that one-in-four hedge fund managers are expecting to increase their exposure to cryptocurrencies in the next one to two years. Besides, 20% of the surveyed institutional investors claiming the same.

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Last modified: December 23, 2021

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coming,-nft-games-to-earn-cryptocurrency-in-2022

Coming, NFT Games To Earn Cryptocurrency In 2022

December 2, 2021 by

Every mobile game developer wants to create an excellent game with a monetization mechanism to maximize their advertising revenue. Currently, most crypto games require players to use real money to purchase virtual reality goods, after which they can unlock advanced content. Using cryptocurrencies instead of money would make the process a lot easier for NFT gamers and the developers if applied. And now, slowly, many developers are catching up to it and can tag their digital collectibles.

But, what does this mean? Game developers realize that an in-game economy based on blockchain networks rather than on real currency can give them their rights in value and existence rather than just an in-game currency. As a result, NFT gamers can purchase, use, sell, and trade the currencies they have amassed outside of the crypto gaming industry.

With NFT games growing in awareness and popularity, we thought now is the right time to list the best NFT games and where to find them. We reviewed different genres of NFT games so anyone might find a game they will enjoy. We are looking at these play-to-earn games from a gameplay perspective and financial advice. These are the games we suggest you buy into. The best way to stay updated with the upcoming NFT games & cryptocurrencies, join the Crypto Gaming Bulls telegram channel!

Top 5 Best NFT & Crypto Games to Invest & Explore in 2022: 

  • Battle of Guardians – Play-To-Earn NFT Fighting Game on Solana Blockchain
  • RaceFI – Newly Launched Metaverse Platform, Earn Crypto Prizes
  • Rainmaker – Stock Fantasy Gaming Platform based on Cryptocurrency
  • Polygonum – Cross-Platform DeFi Game With Crypto & NFT Marketplace

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Last modified: December 23, 2021

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