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With ‘Planet Doja,’ Doja Cat Enters the NFT Arena

Thousands of limited edition items and VIP options for forthcoming performances are included in the non-fungible tokens.

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Doja Cat, a pop legend, delves into the realm of NFTs in anticipation of her new album. Her series is titled “Planet Doja.” There are 26,000 limited-edition digital collectibles, as well as VIP concert bundles, in the collection.

Next Wednesday at 12:00, the NFT drop will go live. Doja selected OneOf to host her NFT auction. The market is dominated by music and features ecologically friendly NFTs. With the help of Quincy Jones, it debuted in May.

Doja Cat admitted to not understanding anything about the industry in a statement. “I’m not that knowledgeable with NFTs. But I do know that they may be harmful to the environment and expensive. So mine isn’t going to.”

NFTs from the singer can be purchased using debit or credit cards in 150 different currencies, as well as for cryptocurrencies including Tezos (XTZ), Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) (LTC).

Inside the Doja Planet

Planet Doja is divided into several levels. Gold-tier flower tokens and platinum-tier elemental tokens make up the first group. NFTs in these price ranges range from $5 to $100. Doja Cat concert tickets are available to gold-tier NFT subscribers. In addition, VIP tickets, apparel, and other perks are available at the Platinum level.

More rare elements tokens are available on the diamond tier, which comes with guaranteed VIP tickets. This tier has a starting price of $2,500. Finally, Doja’s “OneOf” tier offers a once-in-a-lifetime encounter to the winning bidder. The winner will be treated to an all-expenses-paid trip for two people. Tickets to an upcoming show, travel, a hotel, and tours to Doja’s favorite sites and restaurants are all included in the package.

The winner of this ultimate NFT will receive gold-tier NFT from every future drop by a musical artist on the platform for as long as it exists, according to OneOf. According to an official release, the owners of these digital artifacts are all “founder Kittizens of Planet Doja.”

The NFTs, on the other hand, will not include any new music. Lin Dai, the CEO and co-founder of OneOf plans to hold music-related NFTs in the future.

NFT

OpenSea and Kakao’s Klaytn collaborate to expand NFT across Asia

Klaytn, a Singapore-based public blockchain platform, and OpenSea, a non-fungible token (NFT) market, established a cooperation on Friday to support the Asian NFT ecosystem.

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  • In order to showcase Asian NFT initiatives to a worldwide audience, the alliance involves conference collaborations and ecosystem awards.
  • The largest NFT marketplace in the world supports four blockchains: Klaytn, Polygon, Solana, and Ethereum.
  • The blockchain subsidiary of South Korean internet behemoth Kakao, Ground X, founded the Klaytn Foundation.
  • On its central bank digital currency (CBDC) pilot project, the Bank of Korea collaborates with Ground X.

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Shopify Expands Online Retailers’ NFT-Gated Options

Brands are able to increase the exclusivity of their shops thanks to the e-commerce platform.

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The future of e-commerce, according to Shopify, is in NFTs.

As a new option for brands wishing to make their stores more exclusive, the online retail behemoth, which enables small businesses to construct customized e-commerce shops, is providing NFT-gated storefronts, Shopify announced on Wednesday.

In the Shopify introduction video, which includes a skating woman who passes through a pastel portal and transforms into a Doodles NFT, a voiceover urges viewers to “invite their communities into a world that acknowledges and rewards devotion.”

The video explains that token holders can access special shopping opportunities by connecting a cryptocurrency wallet, including early access to drops and limited collections as well as one-of-a-kind experiences and other surprises.

Only individuals with existing NFT collections are able to apply for early access to Shopify’s “gm” shop, which is a gated merchandise store and a play on the Crypto Twitter acronym for “good morning.”

However, those that haven’t received approval yet can still integrate NFT token-gating apps like Shopthru or Single into their Shopify sites.

Shopify announced that it has already collaborated with the Adam Bomb Squad, Doodles, World of Women, Invisible Friends, Superplastic, Stapleverse, and Cool Cats NFT collections to develop token-gated shops as part of its token-gated business launch.

Shopify is introducing “IRL” token-gating in brick-and-mortar stores in addition to online token-gating, which restricts access to certain merchandise to authorized NFT holders exclusively.

Why is this important? The future of Web3 commerce will focus on exclusivity, for one thing. NFTs, which are distinctive blockchain tokens that denote ownership over an asset, are increasingly employed as membership cards, tickets to events, and “keys” to open benefits, despite the fact that they are frequently oversimplified as digital art or “jpgs.”

Additionally, this isn’t Shopify’s first venture into NFTs: The business has been involved with Web3 since last year, when it announced the launch of NFT sales on its platform. Brands can mine and sell NFTs on Shopify to clients using the Ethereum, Polygon, Solana, or Flow platforms.

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OpenSea, beware—Uniswap is pushing into NFTs

The NFT aggregation platform Genie is being purchased by Uniswap Labs, the organization that created the Ethereum-based decentralized exchange Uniswap.

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In a Bankless interview on Tuesday, Uniswap founder and CEO Hayden Adams said, “We’re attempting to transfer what we brought to the ERC-20 market to the NFT sector.”

You can buy NFTs—individual blockchain tokens that represent ownership—on a variety of different marketplaces, such as OpenSea, LooksRare, or Coinbase NFT. However, few allow consumers to buy many things at once, and none provide aggregation tools that let traders view listings on competing marketplaces.

According to Uniswap Labs on Twitter, “We see NFTs as another form of value in the burgeoning digital economy, and it’s a no-brainer for us to integrate them.”

The NFT aggregator Gem, which also enables customers to acquire numerous NFTs in a single transaction, was purchased by OpenSea just two months prior to the announcement of its acquisition by Genie. OpenSea intends to incorporate NFT aggregation functions into its primary platform, just like Uniswap.

A new tab dedicated to NFTs will be added to Uniswap’s main website later this year as part of the company’s push into NFTs, according to a statement from the company. Additionally, NFTs will be included in its developers’ APIs and widgets.

Uniswap Labs intends to airdrop an unspecified quantity of the stablecoin USDC to Genie’s early backers as a way to commemorate its acquisition. By April 15th, USDC will be given to everybody who had utilized the platform at least once or owned a Genie Genesis NFT. (The business had earlier tweeted that Genie Gem owners were eligible for the airdrop.)

Uniswap entered the NFT market for the first time in 2019 with Unisocks, an NFT that granted holders access to a real pair of socks.

The largest NFT market, OpenSea, has a floor price for Unisocks of 13 ETH (about $15,300) at the time of writing.

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