Connect with us

Projects

DJ Tiesto will perform at a VIP brunch in Cancun if you purchase this NFT item

For a three-day event in Cancun, Tiesto and the Party Degenerates are collaborating.

Published

on

#nft #nfts

Cancun, a tropical haven, will host a massive bash featuring DJ Tiesto from March 31 through April 3. However, this is a party organized and hosted by a collective of NFT members. The rebellious spirit of those who choose to celebrate life is captured in Party Degenerates, a collection of 10K NFTs. “The Trip” is the name of Tisto’s new concert. What makes this unique is that Party Degenerate token holders will gain access to exclusive experiences such as a bottomless VIP brunch hosted by Tisto, sunrise and sunset beach parties, and general admission to all performances.

Additionally, other artists performing at the event include ACRAZE, Joel Corry Kiko Franco 2AR, ANG, Dombresky, Luis Torres, Ms. Mada, Natalia Roth, Tini Tun, VER: WEST, Callie Reiff, Loud Luxury, Max Styler, and Morten.

Who are Party Degenerates?

As of October 20, 2021, the Party Degenerates are an NFT collectors’ collective whose first drop raised $23.5 million in just 24 hours. The project’s goal is to improve the utility of NFTs. In the group, token holders are referred to as “members” because they hold tokens. In the past, Party Degenerates have hosted members-only events with artists such as Dillon Francis, Marco Carola, Damian Lazarus, Jauz, me b2b Dixon, Guy Gerber, Anfisa Letyago, BLOND:ISH, Kaz James, and Gab Rhome. By virtue of token ownership, both Gary Vaynerchuck and Steve Aoki are members of the collective team, according to the team OpenSea’s floor price for Party Degenerates NFTs is 0.21 ETH with 3,600 owners at the time of this writing. The cost of membership is a bit high, but it is still less expensive than most country clubs.

Party Degenerates co-founder and NFT collector SEEDPHRASE said,

“We’re incredibly excited to connect Party Degenerates with one of the world’s greatest DJs, Tiësto; the metaverse pioneers The Sandbox; NFC; and Pollen, a curator of unforgettable experiences.”

After their trip to Tiesto, the Party Degenerates take their party planning skills to the internet. They will be hosting the “Jungle Afterparty” at Non-Fungible Conference in April as an afterparty for The Sandbox “Jungle.” Participants from the NFT community from all over the world will gather for two days of presentations, seminars, workshops, and hands-on activities. Speakers include Sorare, World of Women, The Sandbox, Screenshot, VeeFriends, and NonFungible.com.

The NFTS’s value

NFTs have long been intended to have practical applications in the real world. Gary Vaynerchuck’s VeeFriends, for example, provides holders with access to events, mentorship, and other tangible benefits. Despite all the talk about how NFTs can change the music industry, they seem to be lagging behind. Independent artists and NFT enthusiasts are taking the initiative to use the tools they are familiar with to bring music into the 21st century. On NFT platform Royal.io earlier this year, rapper Nas sold royalty rights to two of his songs. Under the slogan “Invest in artists,” other artists are selling their work as well. They mean what they say when they say, “Own your favorite music,” and they mean it.

Those who oppose NFTs argue that they are overpriced JPGs. In the minds of those who understand the technology, there is far more to the smart contract than the art it contains. Non-fungible assets can open up a world of possibilities for creatives around the world thanks to automated contracts. The average person would not be able to build the legal and technological infrastructure needed to do what can be accomplished with a few lines of code. NFTs are lowering the barriers to creative autonomy. This new era is just getting started. Assuming everything goes as planned, we’ll no longer have to worry about artists struggling to make ends meet.

Projects

To accelerate ecosystem growth, Fireblocks introduces Web3 Engine with developer tools

This set of tools is intended for developers working on DeFi, GameFi, and NFT products and services.

Published

on

Fireblocks, a digital assets custody platform, announced the debut of their new Web3 Engine to assist encourage the development of the Web3 ecosystem as the world moves closer to a decentralized future.

The dedicated Web3 engine contains a set of tools for developers to create goods and services in decentralized finance (DeFi), GameFi, and nonfungible currencies, the business revealed on Tuesday (NFT). For alternative asset managers and capital market participants, Fireblocks has opened up a world of decentralized programs (DApps), exchanges, NFT markets, and more.

“Web3 is the future,” Fireblocks CEO Michael Shaulov said, adding that “the Internet has already entered a new era.” According to Shaulov, in order for the Web3 ecosystem to continue to grow, the community must address a major issue: security.

Fireblocks’ new Web3 Engine, according to the announcement, makes it simple for developers to build DApps on top of Fireblocks’ tech stack or securely access the entire spectrum of current web3 apps. Web3 companies such as Animoca, Stardust, MoonPay, Xternity Games, Griffin Gaming, Wirex, Celsius, and Utopian Labs use Fireblocks to secure themselves from human mistake and hackers.

Web3 has sparked a lot of interest in the sector, as evidenced by the rise in market capitalization of Web3 coins in recent years. It’s an ecosystem that everyone can access from anywhere at any time, with no restrictions or middlemen. Many large corporations have made considerable investments in Web3’s potential.

Google Cloud has formed an internal team focused to developing services for blockchain developers and Web3-based application operators. With Metaverse involvement and NFT enthusiasm, industry titans like Meta and Amazon have entered the market. Square Enix, the gaming behemoth, recently announced that it would spend heavily in Web3 gaming.

Continue Reading

Projects

Is Fender quietly getting ready to enter the NFT market?

In order to preserve or launch its brand in web3, Fender has filed various NFT-related patents and trademark applications in the United States.

Published

on

Fender, a well-known guitar manufacturer, has filed three patents related to NFT with the US Patent and Trademark Office.

When it comes to developing, selling, or buying NFTs with the Fender brand name, the patents would suggest a purpose to make or protect its brand.

Fender filed a series of trademark applications linked to its headstock design in possible NFTs, according to GuitarWorld, including NFT collectibles, virtual products, pictures, artwork, video, and audio recordings featuring music and musical instruments.

Mike Kondoudis, a trademark attorney, noticed the application to the US Patent and Trademark Office, which was filed on April 28.

Source: Twitter

Fender isn’t the first guitar company to think about using NFTs. Billboard reported in January that Gibson, the legendary guitar brand and Fender rival, was preparing to join the NFT industry with six trademark applications connected to NFTs and digital goods.

Big brands, from Adidas to Gucci, have been fast to experiment with NFTs and the Metaverse as two new distribution channels. They’re still figuring out where they belong in the virtual worlds.

NFTs are being used by musicians to reinvent fan involvement

NFTs and the Metaverse are being used by many established bands and brands to redefine how they communicate with fans. Additionally, musicians that rely significantly on in-person concerts as a fundamental income source will find the revenue streams and royalties available by the sale of NFTs appealing.

Music producers and platforms such as Audius, DAOrecords, and TokenTraxx are collaborating with musicians to demonstrate the possibilities of Web3 technology and allow fans to be creative using NFTs.

As famous guitarists get involved in the NFT realm, guitar brands are naturally interested. Keith Richards sold one of his beloved guitars with an exclusive 1-of-1 Tezos blockchain NFT produced for $57,600 in January of this year. The guitar, as well as a digital replica in the shape of an NFT and a video of Richards signing the guitar, were all up for auction.

Since the beginning of the year, the number of NFT trademark applications has increased dramatically, with 3,306 applications filed between January and April.

Source: Twiter

Despite the applications, Fender has yet to reveal its plans for NFT.

Continue Reading

NFT

According to Music Ally, Spotify has begun testing NFTs on its platform

If a trial deployment goes well, artists may soon be allowed to market their non-fungible tokens (NFTs) on Spotify, according to Music Ally.

Published

on

Spotify, the most recent tech business to join the NFT bandwagon, entered the web3 world earlier this month with the introduction of “Spotify Island” on Roblox on May 3. Spotify will now test NFTs on the platform to specifically selected US consumers, starting with a single trial selection of artists, including Steve Aoki and The Wombats.

Users will have to purchase NFTs through an external marketplace, thus they won’t be able to sell them directly. As part of the trial, Spotify has stated that it will not take a portion of the sales.

Simultaneously, customers have stated that Spotify is sending out surveys and even paying some people to talk to team members about their feelings regarding NFTs and web3. Questions concerning sentiment, cryptocurrency purchases, and why people acquired NFTs have been circulated on Twitter. Some poster responded with mockery to the queries.

Since March, when Spotify placed two job offers for working on early-stage web3 projects, rumors have circulated that the firm was interested in entering the web3. The announcement comes only days after Meta revealed that it would begin testing digital collectibles and NFTs on Instagram as well.

By the time of publication, Spotify had not responded to a request for comment from The Block.

Continue Reading

Trending

bitcoin
Bitcoin (BTC) $ 30,246.00 2.41%
ethereum
Ethereum (ETH) $ 2,068.20 2.98%
tether
Tether (USDT) $ 1.00 0.11%
chiliz
Chiliz (CHZ) $ 0.117424 2.58%
enjincoin
Enjin Coin (ENJ) $ 0.724657 2.12%
decentraland
Decentraland (MANA) $ 1.19 1.01%
flow
Flow (FLOW) $ 2.99 4.57%
the-sandbox
The Sandbox (SAND) $ 1.36 2.22%
wax
WAX (WAXP) $ 0.127628 2.83%
ecomi
ECOMI (OMI) $ 0.001610 3.45%
terra-virtua-kolect
Terra Virtua Kolect (TVK) $ 0.039796 3.27%