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K8IROS “crypto sneaker” NFT Linked to SUKU’s Distributed Ledger

With all sales going to the Dinwiddie Family Foundation to benefit at-risk minority youngsters, the K8IROS drop will be the first NFT verifiably attached to a tangible item using SUKU’s digital ledger-enabled NFT tagging mechanism…



NBA Spencer Dinwiddie, a Brooklyn Nets basketball player, and Calaxy Co-Founder, announced a collaboration with SUKU’s carbon-neutral INFINITE NFT Marketplace to launch the first non-fungible token attached to a physically redeemable item.

Dinwiddie has released his signature, game-worn K8IROS crypto sneakers with SUKU’s digital ledger-enabled tag. The SUKU ledger confirms and ensures the validity of this one-of-a-kind NFT drop, which will go up for auction on July 22nd, 2021.

The Dinwiddie Family Foundation, which supports poor and at-risk adolescents through fitness, literacy, and educational activities, will receive 100% of the proceeds from the drop.

Summary of the Drop

  • The NFT of the K8IROS “crypto sneaker” will be auctioned off as a 1:1 exchangeable for the actual item.
  • The signed production K8IROS sneaker NFTs will be auctioned as a raffle, with the winners receiving one of the signature sneakers.
  • The Dinwiddie Family Foundation will get 100% of the revenues from the drop.

“I’m incredibly pleased to see this NFT drop come to fruition because it’s been in the works for a long time. This has the potential to revolutionize the game for businesses, sportsmen, and influencers by allowing NFTs to be verified as real items. As mediated by SUKU and Hedera, this whole new approach of bringing physical treasures into the digital environment puts us up to revolutionize the creator economy as we know it. I believe that by donating all proceeds to my foundation, I can help level the playing field for children and allow them to achieve their full potential,” says Dinwiddie.


The introduction of SUKU INFINITE physical tags and NFTs is a step toward addressing the $450 billion counterfeit sneaker market by utilizing immutably logged IDs that can be traced on the Hedera Hashgraph distributed ledger.

SUKU protects suppliers and merchants from fraud and theft utilizing Hedera’s innovative technologies, while also providing provenance for entrepreneurs, artists, and other creators using NFTs to market their physical items.

“As an athlete and futurist, Spencer Dinwiddie is using his platform to raise awareness about the true potential of NFTs, and we’re ecstatic to be collaborating with him on his K8IROS crypto sneaker NFT launch. Spencer is showing the globe how companies and influencers can bring physical artifacts and items to the digital realm while saving the earth by leveraging SUKU’s carbon-negative INFINITE Marketplace.” – Yonathan Lapchik, CEO of SUKU

SUKU uses its Smartrac NFC tags in conjunction with Avery Dennison to enable convenient product tracking through the use of long-range, dual-frequency transponders for product identification and management.

Avery Dennison’s tags are long-lasting, unobtrusive, and tamper-proof. If a tag is attempted to be removed from a product, the tag’s circuitry will fail, ensuring that marked objects can always be authenticated using the connected digital NFT. Furthermore, all NFT mints on INFINITE are carbon-negative, supporting climate-certified programs that cut carbon emissions in the battle against climate change.

The Dinwiddie Family Foundation will receive 100% of the proceeds from the K8IROS sale, which will be used to create programming for disadvantaged youngsters. The Dinwiddie Scholars program, which grants educational scholarships in cooperation with the United Negro College Fund (UNCF), America’s largest and most effective minority education organization, aspires to create the next generation of diverse leaders.


NFTs for Good Causes will be Showcased at a Hong Kong Event

The usage of digital tokens to advance UN sustainability goals is demonstrated at an NFT art exhibition.



Christie’s auction house sold a non-fungible token (NFT) image of a green-faced pixel avatar known as ‘Cryptopunk 9997’ for roughly US$4.3 million. Investors and collectors are currently interested in all types of NFTs, whether a simple pixel avatar or a finely crafted digital work of art.

NFTs are proven to be successful digital assets in various areas, including gaming, entertainment, and real estate. But, on the other hand, some people are starting NFTS to support issues like the environment and local communities.

By displaying NFTs for good, a new NFT exhibition in Hong Kong hopes to pioneer that positive spirit. The ImpactNFT Exhibition, which opens this Friday, will allow collectors and NFT aficionados to view and purchase digital artworks based on the United Nations’ 17 Sustainable Development Goals, including climate action, equal access to education, and gender equality.

Genesis Drop is one of the NFT artworks from Project Ark that will be on display during the show, and Romanian culture’s hand-painted eggs inspire it. In addition, project Ark, a carbon-neutral NFT marketplace, donates half of all earnings from Genesis Drop to the WWF in Romania, which is working to return the endangered European Bison back into the wild.

“By creating a win-win for artists, charities, and our partners, we want to show Hong Kong and the rest of the globe the power of NFTs for social and environmental impact,” said Roy Weissbach, Project Ark’s business development advisor.

NFTs from Earth.Org and the charitable art organization Sovereign Art Foundation will be on display, as will artwork by VintageMozart in support of the Nashulai Maasai Conservancy in East Africa NFTs minted for charity by eight Mexican artists.

The South China Morning Post (SCMP), based in Hong Kong, will also highlight its upcoming NFT auction in support of Operation Santa Claus (OSC), including new works by Hong Kong’s iconic visual and performance artist Frog King. SCMP and Radio Television Hong Kong (RTHK) run Operation Santa Claus every year to raise funds for a local charity.

Aside from displaying NFT artworks, anti-wildlife trafficking organization Break The Chain will host an augmented reality (AR) demonstration produced by gaming and entertainment metaverse portal The Nemesis.

In support of the ImpactNFT exhibition, RioDeFi’s chief marketing officer Stephane Villedieu said,

“The world already knows that blockchain technology provides a decentralized infrastructure for a more transparent, safe, and efficient financial system.”

ImpactNFT Alliance, in collaboration with Project Ark and Sovereign Art Foundation, will curate the exhibition, which will run from October 15 to 24, at the Soho House Hong Kong. Online viewers can watch the show at,, and

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Shiba Inu Announces an NFT Sale

The $SHIB coin’s developers have announced the launch of a non-fungible token (NFT) sale.



Shiba Inu announced the launch of an NFT collection called “Shiboshis” in a recent Medium post. The subject of the NFT collection will be similar to that of the SHIB coin, highlighting the coin’s tongue-in-cheek nature.

According to the article, 10,000 Shiboshis will be created for the debut, which will happen this week. Users will acquire NFTs using $LEASH for the first 24-hours, then with a mix of $ETH and $LEASH after that.

According to the post, the first purchase will be made through the ShiboshiSwap website, customized to sell Shiboshis. After that, users will be able to transfer and exchange their NFTs on secondary markets like OpenSea.

The NFT collection will first be sold in tiers, with prices doubling when the first 3,000 Shiboshis are sold.

According to the report,

“Shiboshi costs are based on tiered pricing. The first 3,000 Shiboshis will cost 0.1 Eth (BUT must be purchased in Leash for the first 24 hours). Shout out to XFund once again providing an incredible Oracle to help with this calculation. The next 5,000 Shiboshis will cost 0.2 Eth (in Leash for 24hrs) and the final 2000 Shiboshis will cost 0.3 Eth (in Leash for the first 24hrs).We don’t expect that floor to last for long.”

According to the post, users will be able to rename their Shiboshis with $SHIB, with the spent funds resulting in a coin burn.

The report continues,

“Initially [Shiboshis] just have generic names like 00001, but you can name it Flytoshi Kahn or whatever you like for an additional fee of $100 paid in Shib. Whenever the name is changed, these funds are burnt to the Shib burn wallet. If everyone names their Shiboshis that will be a $1 MILLION dollar burn.”

Shiboshis will eventually be converted to characters in the Shiboshi game, allowing users to deploy their NFTs in strategic gameplay, with each having the potential for unique qualities, according to the blog post.

The Shiba Inu team posted a video yesterday explaining how individuals can purchase $LEASH tokens:

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On Avalanche, the Artist who Painted the Kanye West Mural in Chicago will Offer it as an NFT



On the Avalanche blockchain, artist Jason Peterson is selling a mural of American rapper Kanye West that he recently painted in Chicago as an NFT.

The NFT will be sold on a new marketplace called, created by Peterson, Kalao, an NFT startup, and Ava Labs, the Avalanche development team.

The NFT auction will begin on October 11 at 1 p.m. Eastern Time and end on October 22 at 1 p.m. Eastern Time.

The artwork will be linked to the NFT’s owner via a QR code on the actual mural. The NFT’s ownership will be available on the Avalanche blockchain at all times, and if it changes hands, the information associated with the QR code will be updated as well.

Peterson’s first NFT piece is a mural of Kanye West. The artist, who has a million Instagram followers, promises to release more NFTs containing his best pictures.

In a statement, Peterson said,

“Contemporary artists are continuously finding new methods to question the status quo of art and its medium. NFTs introduced an inventive, new medium to the art world, allowing artists to have complete control over the distribution of their work while also allowing them to experiment with new ideas.”

While Ethereum is the foundation for most NFTs today, other blockchains such as Solana, Tezos, and Avalanche appear to be gaining traction in the NFT field. For example, American rapper Doja Cat just debuted her first NFT collection on the Tezos-based OneOf platform. In addition, the Solana blockchain had its first million-dollar NFT sale last month.

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