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STUDIO90ies’ First NFT Collection: SADBUNZ

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STUDIO90ies is an independent “3Decentralized” Art studio and artist collective, co-founded by Guy Jonathan Kazumba and Joy Katharina Lorck-Schierning, with an ambition to unify an ever-growing, globally positioned group of digital creators from diverse backgrounds to enable cross-collaboration and provide a supportive community for the next generation of Artists defining the modern-day Renaissance Era which we “arguably” find ourselves in once more, enabled through Blockchain and the emergence of NFTs. STUDIO90ies active project portfolio includes NFTs, Art, music, animation, fashion, Metaverse gear, game development, and more, to name a few. 

The first collectible NFT to launch under the STUDIO90ies name is the novel figurine SADBUNZ, authored by Pikazo 21, working in collaboration with Marley XXI, resident artists of the studio. However, the collectible game extends beyond merely being a standalone figurine. The figurine spins, unique music NFT soundtrack integrations play, produced exclusively by Kijana and Graphix Sounds, resident artists of the studio, for the SADBUNZ 1st Edition 2021 collectible series.  

SADBUNZ is an ethos, paying tribute to sadness by an innovative, sophisticated, first-of-its-kind NFT collectible figurine and collectors game hosted exclusively on OpenSea. The SADBUNZ 1st Edition (2021) series comprises 1,000 SADBUNZ NFT figurines available to collect, featuring a combined mixture of 12 distinct colors, textures, rarity, music, and unique attributes including four unlockable figurine ‘Mystery Boxes’ (yet to be revealed).

The game is run in the form of the SADBUNZ NFT Treasure Hunt, whereby figurines are released in limited and unpredictable quantities, with different colors and levels of rarity. The Treasure Hunt is estimated to run over the next 4 months, concluding in December when the winners will be awarded unique SADBUNZ NFT Trophies. Winners will have had to collect as many SADBUNZ NFT figurines as possible and ranked up the quickest in the members club: THE MELANCHOLY CLUB. 

The SADBUNZ community experience is expected to be in the vanguard of the NFT collectibles revolution, as the collection of distinctive SADBUNZ figurines qualifies collectors to become honored members of ‘THE MELANCHOLY CLUB’: an exclusive “for collectors only” membership club featuring complimentary minted NFT membership cards with benefits attached. 

The premium NFT membership cards offer a tiered membership ranking system, boasting exclusive perks for its members, each level unlocking more than the previous, thereby rewarding the savvy collector with every purchase. The larger the SADBUNZ NFT collection, the greater the membership status and benefits. A glimpse at what membership offers collectors includes early access to SADBUNZ events, metaverse gear, drops, premium digital frames, physical figurine releases (and at discounted prices), to name a few. 

For a deeper dive into the rules and stages of the game, visit the “Roadmap to the SADBUNZ Metaverse” here for more and follow the official SADBUNZ social media channels, especially Discord, because the creators have intentionally made social media and community channels integral parts to play the collectible game properly and to maximize what members get out of being apart of THE MELANCHOLY CLUB. 

When Pikazo, the author, was young, he loved to draw characters and create stories in his mind to bring his creations to life. Through being the self-defeating prophecy of his sadness and fear, he now lives his dream as a creator, full time, unapologetically. 

The message that should always be received when looking at SADBUNZ is that there is always a choice in life to feel sad or to challenge what makes you feel sad and work on doing what makes you feel good. 

Identifying your Sadness and defining the root cause should be the beginning of an inner,  self-reflecting, self-healing journey. Whatever reason it may be why you are feeling sad, OWN IT. Challenge it at THE MELANCHOLY CLUB #weownoursadness. 

The SADBUNZ digital exhibition is available for all of the public to see and experience. The “Guess Who” Game Campaign is being hosted on Instagram at @sadbunz, which will play out (over time) which started in August 2021.

NFT

Could this trademark application indicate that PayPal is developing an NFT market? 

A trademark application for blockchain and cryptocurrency technology has been submitted by PayPal. Some claim that the file has something to do with Web3 and the metaverse, although it may be tied to an NFT marketplace.

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A recent trademark application by PayPal has been found, and it suggests the development of a service pertaining to several facets of blockchain technology. The file, which was made on October 18, makes a notable allusion to the potential introduction of a non-fungible token (NFT) market.

For its logo, PayPal submitted two trademark applications. The first one concerns “downloadable software” for cryptocurrency trading and storage. The second discusses cryptocurrency-related payment processing services.

Although users may currently buy cryptocurrencies on PayPal’s platform, this filing suggests that there may be more to come. The concept of assets is substantially broader in the filing’s terminology. Mike Kondoudis, a trademark lawyer licensed by the USPTO, claimed on Twitter that this filing relates to NFTs and the metaverse.

Although there is no proof to support this, it would not be shocking if it were true. The finance business would be adding its name to a lengthy list of businesses that are starting to make inroads into the Web3 and metaverse spaces.

PayPal is investing more in cryptocurrency.
Over the past two years, PayPal has intensified its focus on cryptocurrencies. First, the company made a huge announcement for the industry by saying that consumers would be able to purchase cryptocurrency on its platform.

However, it didn’t start enabling users to move those funds into wallets outside of the network until recently. It indicated that it would roll out additional crypto-related features in the latter part of last year. One of those additions might be an NFT marketplace.

It teamed up with Coinbase’s TRUST network more recently. This was viewed by many as an endorsement of the sector. The TRUST network upholds consumer security and privacy while adhering to the banking industry’s Travel Rule.

Increased Criticism of Payment Giant
Additionally, PayPal has been in the spotlight for all the incorrect reasons. The business has recently come under fire for a contentious policy that penalized users for disseminating false information. Later, it claimed that false information was released with the amended policy. Crypto aficionados, however, were eager to point to this as evidence of the value of decentralization.

PayPal established a blockchain and cryptocurrency advisory committee earlier this year. According to the company’s management, working with governments is essential to overcoming obstacles and seizing possibilities.

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NFT

Seba Bank, a cryptocurrency company, aims to store valuable NFTs

Seba Bank, a cryptocurrency company, has launched its first NFT service, a blue-chip NFT-specific institutional-grade, certified, and independently audited hot and cold storage custody product.

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The launch comes in response to requests from customers to keep their NFTs with the bank alongside other crypto assets, such as the already-approved Bored Ape Yacht Club, Cryptopunk, and Clone X NFTs. The bank stated that new collections would be added based on customer demand.

With its newest offering, Seba Bank seeks to entice investors who view NFTs as an asset class and crypto natives. Not your keys, not your bitcoin is a well-known phrase in the crypto sphere, and adherents of this maxim could object to having their Apes or Punks stored with a third-party custodian.

Urs Bernegger, co-head of markets and investment solutions at Seba Bank, however, highlights a growing group of NFT holders who are more at ease handing up their NFTs and private keys to a company.

They don’t want the key because they aren’t even aware of how to handle and store it. He claimed that they’re more concerned with damaging the key than giving it to a bank.

It’s a significant issue. Between 2.3 million and 3.7 million bitcoins, according to Chainalysis, are trapped in inaccessible wallets. Numerous accounts of people have lost millions owing to losing private keys, including Russian officials, students, and engineers. Families have also been prevented from accessing substantial quantities of money following sudden deaths in which wallet owners had not disclosed their private keys.

Bernegger asserts institutional custody can be advantageous for native crypto users as well. There has been an increase in businesses providing services that employ NFTs as collateral for conventional banking services like loans.

Seba Bank is thinking about implementing these features in the future. Based in the crypto-friendly Swiss town of Zug, the four-year-old bank already backs several investing, credit, lending, and staking options for cryptocurrencies and might extend them to NFTs.

“Instead of traveling to the market, for instance, we could create a club for collectors and assist them in finding other collectors. There are a few things we have in mind, but we laid the groundwork by storing NFTs securely at first, “explained he.

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The NFT album maker for Kings of Leon now includes a metaverse music venue

YellowHeart, a Web3 ticketing startup, is opening a metaverse music venue in an effort to transform how performers, teams, and event organizers distribute tickets and interact with fans.

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The facility, constructed on Spatial, will feature Grammy-nominated blues musician G.Love as its opening act later this year. Fans can communicate with one another, participate in meet-and-greets before and after performances, and use several screens to view what is happening in various areas of the stadium simultaneously.

They will soon be able to order meals and drinks before the event, which will also be available as digital things.

The idea of an online concert has so far primarily been popularized by big gaming companies. The most well-liked virtual competitions have occurred on sites like Fortnite and Roblox. Ariana Grande’s Fortnite concert in August 2021 received 78 million viewers. Next month, Decentraland will host its second Metaverse Music Festival. Over 100 musicians are on the lineup, including well-known performers like Ozzy Osbourne and Soulja Boy.

In addition to throwing an event, YellowHeart, which assisted Kings of Leon in releasing an NFT version of their most recent album, stated that it hoped to accomplish more. It was established in 2017 with the lofty goal of revolutionizing the music ticketing sector as a whole, which has historically been dominated by powerful reselling organizations and exclusive ticketing relationships. These alliances frequently impose limitations on what purchasers can and cannot do with their tickets. Trying to resell a ticket for a concert you can’t go to might be a headache.

YellowHeart believes these issues can be resolved by returning control to artists and fans via web3 technology. Additionally, it may provide advantages that cannot be programmed into conventional tickets.

“These range from complete albums to personalized vinyl records, exclusive merchandise, and immersive visual art. Web3 tickets also allow performers to update fans on new tour dates, music releases, giveaway possibilities, and much more, according to the business.

It has already collaborated with well-known figures, including Julian Lennon, Maroon 5, and MGM Resorts. Contrary to the non-NFT versions offered on Spotify, iTunes, and other platforms, those obtained through YellowHeart entailed particular customer benefits.

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