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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.


Naomi Osaka’s NFT to Raise Awareness About Athlete Mental Health

An auction on Basic.Space will resell a rare NFT produced by tennis champion Naomi Osaka.



In April, Osaka collaborated with her sister Mari on a six-piece collection. On Basic.Space, the first five were auctioned off. They sold for about $600,000 in total, with one fetching over $200,000. Meanwhile, the sixth Osaka NFT was raffled off to the general public. As a result, the NFT is now available for sale in a global auction by the winner of that raffle. The silent auction will begin on July 26 at 9 a.m. ET.

“Finding What Was Lost” is the title of the digital artwork being auctioned. Naomi’s favorite of the six, according to Osaka’s sister. The NFTs for the Osakas were developed on the Flow blockchain, which is best known for its NBA Top Shots NFTs.

Mental Health Awareness

A part of the net earnings will raise mental health awareness and assist athletes all across the world. Donations to NGOs like Athletes for Hope fall within this category. In addition, the money will go to the organization’s newly announced Whole Being Athlete initiative. The project’s goal is to encourage athletes while also raising mental health awareness.

Jason Belinkie, COO of Athletes for Hope, stated that athletes are battling with their mental health now more than ever. “With one in every five individuals being diagnosed with a mental illness, it’s become the most sought cause for advocacy, connection, and support from our athlete network,” he said. Belinkie expressed his company’s “pleasure” at assisting Osaka in “continuing this critical effort in the mental health space.”

The NFT Influence

According to Shea Newkirk, founder of, the sale of the piece has special relevance for sports NFTs. “While professional athletes have sold some huge NFTs in the last six months, Naomi Osaka’s constant and positive presence in the public spotlight will almost certainly propel this auction to a new NFT record,” he said.

Boxer Tyson Fury established the NFT sales record for an athlete last week, selling a single-edition piece for $987,000. Fury has a history of releasing NFTs, dating back to earlier this year. Patrick Mahomes, a football player, sold an NFT for $247,000 in March, which Rob Gronkowski later surpassed with a sale of $430,000.

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Physical and NFT Versions of Steve Jobs’ 1973 Job Application are up for auction.

Apple co-founder Steve Jobs’ 1973 employment application form is up for auction, with both physical and digital versions available.



Steve Jobs’ 1973 handwritten application for an unknown job is up for sale once more. It’s unclear what position Jobs was applying for, where he applied, or whether he was hired. What is known is that this piece of paper has been sold for a large sum of money several times in recent years. It was sold for $18,750 in March 2017, $174,757 in 2018, and $222,400 in March 2021.

Jobs wrote the three-page application three years before he and Steve Wozniak co-founded Apple. Jobs is skilled with computers and calculators, but not so much with type machines, according to the application.

Physical and Digital Collectibles are Pitted Against Each Other Face-to-Face

The addition of a non-fungible token to this auction sets it apart from prior auctions. Both the original physical copy and a digital counterpart in the form of an NFT will be sold side by side, according to the listing. According to auctioneer Olly Joshi, the purpose is to see which version has the most value in the current market. In a statement, Joshi said, “The Steve Jobs hand-written 1973 job application auction intends to illustrate the modern shift in perceived worth — the physical or the digital.”

The auctions will take place on various platforms, with the digital edition available on Rarible and the physical version available on Joshi’s own website.

The auctions will last seven days and began on July 22 at 9:41 a.m. PT. That time was chosen because it was the time chosen by Jobs to unveil new Apple products at formal events, and it is also the time displayed on Apple product clocks.

The hard copy of the application currently has a price of $14,000, while the digital version has a bid of $635 at the time of writing. The Cancer Research Institute and the One Laptop Per Child organizations will each receive a percentage of the proceeds from the final sale.

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Dolce & Gabbana Will Debut an Exclusive NFT Collection

In collaboration with luxury marketplace UNXD, Dolce & Gabbana unveiled the first in a series of NFTs.



Dolce & Gabbana has announced the debut of an exclusive NFT collection in conjunction with UNXD, a digital marketplace powered by the Polygon Network that aspires to be the premier destination for digital luxury and culture.

Collezione Genesi, or Genesis Collection, will be the fashion label’s debut NFT collection. The collection will be shown at Dolce & Gabbana’s upcoming Alta Moda, Alta Sartoria, and Alta Goilleria exhibitions in Venice at the end of August. According to the press release, the collection focuses on Venice’s deep-rooted artistic traditions.

L’abito Dei Sogni, or Dress from a Dream, is the first concept in the collection, inspired by a dream by Domenico Dolce and Stefano Gabbana. In the weeks leading up to the Alta Moda, Alta Sartoria, and Alta Goilleria exhibitions, other NFTs from the Collezione Genesi collection will be shown. All will be auctioned exclusively on UNXD.

Dolce & Gabanna’s NFT isn’t the first high-end brand to venture into the NFT industry. A few NFTs will be available from designers participating in Paris Fashion Week, with Gucci believed to be joining the NFT sector as well.

NFTs have stayed robust even as the prices of various cryptocurrencies have fallen, with more and more entries to the market. For example, LABS Group recently merged real estate with NFTs, allowing individuals to invest in its resort using the popular token technology. In addition, as more corporations, organizations, and foundations join the burgeoning market, artists like Muse have created more NFTs.

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