Nifty News: Winamp adds NFT support, Atari gets physical and more

2 years ago

NFT euphony connected Winamp

Old schoolhouse classical PC-friendly media subordinate Winamp has rolled retired enactment for Ethereum and Polygon-based euphony nonfungible tokens (NFTs) successful the latest update of its desktop player.

Winamp has been astir since 1997 and was 1 of the astir fashionable media players for PC users but has since been overtaken by Windows Media Player and Apple’s ascendant iTunes.

It has a estimation for supporting a wide scope of media files, and successful the latest update announcement connected Dec. 7 the Winamp squad noted that NFT enactment is officially unrecorded and acceptable to go.

@winamp I person fond memories of Winamp from backmost successful my youth. Are we ever going to spot a authoritative integration with @Spotify? I'd emotion immoderate saccharine aboriginal 2000's visualizations with my beats

— Sjoerd Stottelaar (@sjoerds) December 6, 2022

Users tin present link their Metamask wallets from a big of browsers, and load up the euphony embedded successful ERC-721 and ERC-1155 tokens minted connected Ethereum and Polygon.

“The genesis of Winamp has ever been astir accessibility and innovation, and contiguous we are arrogant to motorboat the precise archetypal standalone subordinate speechmaking audio NFTs, arsenic good arsenic immoderate different existing formats,” said Winamp CEO Alexandre Saboundjian successful a statement.

There could soon beryllium a batch of Polygon-based euphony NFTs to take from arsenic well. The squad down the Ethereum scaling solution besides announced connected Dec. 7 that it had partnered with Warner Music and LGND Music to physique a “collaborative, integer collectible” euphony platform.

The platform, dubbed LGND Music, is acceptable to rotation retired successful January 2023 and volition supply users with a user-friendly on-ramp to bargain and hodl euphony NFTs.

With a seamless, easy-to-use on-ramp, you tin bargain & ain euphony tokens, adjacent if you’re not acquainted with integer collectibles.

Rolling retired successful Jan 2023 and collaborating w/ the world’s starring creation grounds label, @SpinninRecords

— Polygon - MATIC (@0xPolygon) December 6, 2022

Investopedia: NFT taxes explained, prosecute an accountant

Financial media website Investopedia has published a elaborate run-down of NFT taxation instrumentality successful the United States emphasizing that radical should astir apt prosecute a taxation nonrecreational if they don’t privation the Internal Revenue Service (IRS) connected their tail.

The website offers an extended Wikipedia-style mentation for the assorted analyzable presumption successful concern and yet added an NFT Tax Guide connected Dec. 5.

A cardinal takeaway is the IRS is yet to contented “specific guidance” astir however to study gains and losses from NFT income connected taxation returns, indicating there’s a large grey country to navigate for taxpayers.

Some NFTs volition apt beryllium classified arsenic collectibles if they are purely art-focused, portion others utilized for inferior purposes, particularly successful narration to concern usage “may suffice for superior gains treatment.”

“The taxation of NFTs volition autumn determination betwixt cryptocurrencies, which are taxed arsenic spot and person a semipermanent superior gains complaint of 0-20% depending connected income, and collectibles, which person a higher maximum superior gains complaint of 28%,” the usher reads.

Crypto.com and Coca Cola’s World Cup NFTs

Crypto speech Crypto.com and beverage elephantine Coca-Cola person partnered up to motorboat a unsocial acceptable of NFTs depicting subordinate vigor maps from matches astatine the 2022 F World Cup.

According to a Dec. 5 announcement the artwork for the postulation of 10,000 NFTs is being designed by integer creator GMUNK, who worked connected fashionable sci-fi films Tron: Legacy and Oblivion. However, a circumstantial motorboat day was not detailed.

Heat maps successful shot are mostly utilized to amusement however a subordinate performed during a game, arsenic they bespeak however overmuch of the tract they screen and which circumstantial areas they spent the astir clip in.

The usage of in-game information to make artwork whitethorn supply a caller mode to make collectors items from large sporting events.

Crypto.com x Coca Cola NFT drop. Image: Crypto.com

Atari’s caller concept: Physical art

Japanese video crippled elephantine Atari has teamed up with print-on-demand steadfast Pixels.com to rotation retired a revolutionary conception revolving astir printed NFT artwork.

Related: Malta prepares to revise regulatory attraction of NFTs

While immoderate whitethorn beryllium blessed looking astatine their Atari NFT creation digitally, others bask carnal artwork.

To that end, according to a Dec. 6 announcement Atari NFT holders tin present link Ethereum-based wallets to Pixels and alteration them into framed prints oregon posters.

Those who don’t ain Atari NFTs tin besides conscionable right-click and prevention the images of those circumstantial NFTs, and past people them via Pixels anyway.

Other Nifty News:

Digital entertainment, blockchain and gamification institution Animoca Brands has secured a bulk involvement successful the Los Angeles-based music metaverse gaming platform Pixelynx.

A Chinese tribunal successful the metropolis of Hangzhou has said NFT collections are online virtual spot that should beryllium protected nether Chinese law.

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