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Domen Prevc, giving away his NFT Porsche, why?

Domen Prevc, NFT collection & Porsche on lottery

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Domen Prevc, a wunderkind ski jumper from Slovenia is the latest addition to NFT hype around the world. With his approach and contribution to the NFTs, crypto and blockchain in general, he is changing the game. Before we talk about NFT Porsche let’s take a look at his career.

Early days & career development

But first, let’s take a look at his background. Domen Prevc was born 4 June 1999 and he is the younger brother of world cup ski jumpers Cene Prevc and Peter Prevc. From his young age, he fell in love with sports and nature. He was quickly discovered as one of the most promising ski jumpers in the world. He competed in the 2015 European Youth Olympic Winter Festival. Domen made an individual World Cup debut on 22 November 2015 in Klingenthal with eighth place. He needed only four World Cup starts to reach his first podium on 19 December 2015 in Engelberg where he took second place. At that event, Domen and Peter Prevc shared a podium as the first brothers in the World Cup history. Wonderkid won his first World Cup individual event on 25 November 2016 at the 2016–17 season-opening in Kuusamo/Ruka, and therefore wore a yellow bib as the World Cup overall leader for the first time in his career. Soon after that, he won another three December World Cup individual events in Klingenthal, Lillehammer and Engelberg. It was a fantastic time for him.

Sports success story

On 28 January 2017 in Willingen, three brothers represented a national team for the first time in the World Cup team event history, as he jumped with his brothers Cene and Peter. Despite his youth, he competed for the first time in his career at the ski flying event in Oberstdorf on 3 February 2017. On 19 March 2017 in Vikersund, he improved his personal best jump to 243.5 metres. So in ski jumping, the sky is a limit for him.

It’s more than meets the eye. A swift businessman.

But what about his business endeavors? Prevc’s family are the owners of a few furniture stores in Slovenia so he was into the business from a young age. He stood out from his peers also in that area in which he always tried to get the most knowledge out. He is a »crypto OG« as they say »in the space«, very familiar with the technology behind it. When the possibility of NFTs became a reality, he took the chance with both hands. He will be participating in his own NFT digital collection on nftdeals.io, but he also took a step forward in combining the physical and digital world.

NFT Porsche? Real Porsche connected to the token.

He sees a lot of opportunities in tokenization of his image rights since there is a lack of marketing done by agencies and federations and he wants to be the one who will break the ice and help himself and others on that path. As he mentioned in the latest interview, he will be giving away his own rare collectible car, Porsche 911 (the model year 1978) connected to NFT, and so the people who are buying and investing in NFTs will have a chance to get, drive and enjoy a physical item from a star athlete which never happened in history. He wants to make a statement and move the sports vehicle into a new era of development.

More on: NFT marketplace: here

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The NFT Sale of the ‘Kia Sedona’ Goes Sour as the Contractor Allegedly Steals $3 Million

A sale of tokens that could be swapped for “Kia Sedona” NFTs raised $3.1 million. But a contractor for the token sale platform Miso allegedly disappeared with all of the funds.

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In the fast-growing market for NFTs, there have been several swindles, frauds, and rug pulls. However, this one strikes out as a little odd.

To begin with, the NFT sale itself was unusual. The entire concept was inspired by a recent meme on crypto Twitter about the Kia Sedona automobile brand (the joke being that the Kia Sedona is a type of hard money). As a result, ten unknown persons built a funky website called “Jay Pegs Auto Mart.” (It was unrelated to the automobile maker in any way.)

DONA reservation tokens were available for purchase. These could be acquired on SushiSwap’s Miso token sale platform, which is run by a decentralized exchange. Out of 10,000 DONA tokens available, each could be exchanged for one 2007 Kia Sedona NFT.

And the token sale went off without a hitch. It raised $3.1 million in ether (ETH), worth 864.8. When the mysterious team of shadowy super coders (another joke) decided to use Miso, they didn’t expect all of their finances to be taken away.

An unidentified contractor placed malicious code into the Miso platform, according to SushiSwap CTO Joseph Delong, changing the destination address for all incoming monies in the token sale to their address. According to Delong, the Jay Pegs Auto Mart sale was the only one affected, and all of the cash raised was stolen.

SushiSwap has urged Binance and FTX to identify the hacker by revealing their KYC information, but they have not done so, according to Delong. He added the platform had directed Stephen Palley, a partner at law firm Anderson Kill, to file a complaint with the FBI if the funds aren’t recovered by 8 a.m. ET.

On the good side, the Jay Pegs Auto Mart Twitter account promised consumers that the Kia Sedona NFTs would still be distributed despite the lack of funds.

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SLAM, a Basketball Brand, Joins the NFT Platform Autograph

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Autograph has taken over the world of sports NFTs. Autograph, co-founded by future Hall of Fame quarterback Tom Brady, has signed deals with renowned athletes from various sports. In addition, the platform is teaming up with SLAM this week on the hardwood.

SLAM has streamlined its company into a new digital era and is known for its classic vintage magazine covers dating to 1994. Basketball enthusiasts may get news, unique features, digital material, and apparel through the portal. Without dipping into NFTs, it wouldn’t be complete.

Autograph and Its High-End Partners

Autograph has signed deals with Naomi Osaka, Derek Jeter, Simone Biles, and Tony Hawk in a short period. Top-tier athletes from many sports verticals make up the increasing advisory board. Additionally, autograph just partnered with DraftKings to give the sports betting platform access to NFTs.

According to a press statement issued this week, autograph will be a launch partner for SLAM’s NFT collection of classic magazine covers. Additionally, this will be Autograph’s first foray into basketball, with SLAM serving as a cornerstone for the platform’s introduction into the sport.

SLAM archives of the 300-plus covers that graced the front of SLAM for decades will be featured at NFTs. In addition, the NFTs will be available for purchase on the DraftKings Marketplace, which Autograph powers.

Blockchain Technology Meets Sports Media

Sports and technology are becoming increasingly entwined.

“We’ve been building a portfolio of companies focused on the convergence of sports media and blockchain technology, and this deal sits firmly at that crossroads,” said Matt Aronson, President of SLAM parent company JDS Sports. SLAM’s digital presence has grown to include over twenty social media channels with over 16 million followers. JDS Sports was also an early supporter of Autograph.

Through established partners, Autograph continues to push the fold on sports NFTs. The two have already issued NFTs for Tiger Woods, Wayne Gretzky, Simone Biles, and others through DraftKings Marketplace. Autograph, on the other hand, isn’t content to stop at sports. The platform also announced a relationship with Lionsgate in July. In addition, Autograph will develop digital collectibles for the new flagship movie series later this year due to the agreement.

It appears that SLAM isn’t starting or stopping here, either. In April, SLAM teamed up with rising basketball phenom Zion Williamson. This collaboration resulted in four limited-edition NFTs based on two of Zion’s SLAM cover appearances.

As brands, companies, teams, leagues, and individuals from practically every sport imaginable get involved, the convergence of sports and crypto continues to increase.

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Following Allegations of NFT Insider Trading, OpenSea’s Head of Product has Resigned

After being accused of NFT flipping using insider knowledge, Nate Chastain, Head of Product at prominent NFT marketplace OpenSea, appears to have left the company.

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The Product Manager has resigned

Chastain’s Twitter profile has been altered to add the term “Past: @opensea” since he was called out two days ago, implying that the marketplace no longer employs him.

Though there isn’t proof that he was fired from OpenSea because of the allegations, it’s a strong possibility.

OpenSea CEO Devin Finzer has already updated his previous blog post about the event with the news that one of their employees “asked and accepted” his resignation just yesterday for violating their “duty to the community.”

According to the CEO’s update, OpenSea promptly commissioned a third-party investigation after learning of the event and is aggressively adopting its recommendations while the inquiry is ongoing.

Despite growing evidence against him, Nate Chastain has yet to issue a public statement. Meanwhile, the general belief on Twitter seems to be that he is guilty, with some even ‘celebrating his death’ with a fresh CryptoPhunk giveaway. However, despite Chastain’s misconduct, others express gratitude for his work for the NFT community and wish him the best in the future.

The Allegations and the Proof

Nate Chastain was accused of buying OpenSea NFTs with insider information before they were released on the platform’s site, then selling them for a much higher profit.

Chastain purchased the NFTs using burner accounts to conceal his identity; nevertheless, he was detected utilizing blockchain data, which proved that all of his winnings were being transmitted to his public address. Later, OpenSea published a blog post indicating that this “insider trade” had occurred.

Chastain made a profit of 19 ETH, which is worth more than $65k at press time.

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