The Nightly Mint: Daily NFT Recap

2 years ago

Welcome to the Nightly Mint – a caller contented bid from our squad astatine NewsBTC that provides each the speedy hits astatine the extremity of each time astir each things NFT.

Each weekday, we’re bringing you a regular NFT recap of the latest bites of enactment – spanning crossed quality headlines, assemblage chatter, and a closing “minty fresh” instrumentality that we’ll stock each time to support the curiosity cooking.

The Nightly Mint

New TIMEPieces Mint

TIME Magazine has easy been the astir assertive accepted work to get NFTs right. TIME dropped their latest ‘TIMEPieces’ launch today, raising funds for humanitarian alleviation efforts successful Ukraine.

Pixelmon Takes Heat

Chatter astir the NFT assemblage contiguous was aplenty surrounding the monolithic flop of Pixelmon, an NFT task that raised a staggering $70M, and promised a high-flying roadmap. It’s been a flop of epic proportions, rapidly becoming a spot of the ‘flavor of the week’ laughingstock successful the NFT space:

Pixelmon had an creation uncover truthful terrible, ‘Kevin’ is being labeled a humanities NFT pic.twitter.com/A2ummGDypV

— ThreadGuy.eth 💫 (@DiscoverXnft) February 28, 2022

Related Reading | Bitcoin Mining More Damaging To The Environment After China Ban, Study Says

KPMG Canada is purchasing an NFT conscionable a fewer abbreviated weeks aft adding Bitcoin and Ethereum (ETH) to their portfolio. | Source: ETH-USD connected TradingView.com

KPMG Canada Buys ‘World Of Women’ NFT

KPMG is 1 of the ‘big four’ accounting firms with operations that span crossed the globe. In an announcement today, the Canadian part astatine KPMG has purchased a ‘World of Women’ NFT arsenic “part of it’s firm strategy.” The level terms connected WoW is presently astir $25K. A Managing Partner of Advisory Services astatine KPMG Canada, Benjie Thomas, stated:

“This acquisition reflects our content not lone successful the continued maturation of NFTs, but successful the worth of WoW and its mission. Having present gone done the process, we are well-positioned to usher our clients astir gathering a firm NFT strategy, including, acquiring and safeguarding NFTs.”

Projects similar WoW that basal for sex equity successful a predominantly antheral situation are primed to beryllium large players for institutions that tendency purpose-driven NFT investments.

The ‘Minty Fresh’ Take

Today’s minty caller instrumentality comes courtesy of @mikethreezy connected Twitter:

there is thing astir an NFT that is inherently related to art. NFTs are overmuch broader, non-fungible things, and the kinds of things they correspond irl volition apt turn exponentially

expecting ppl to person much involvement successful the creation tokens is mounting urself up for disappointment

— mike 3 🔻 (@mikethreezy) February 28, 2022

At NewsBTC and our sister web Bitcoinist, we’ve been covering each sorts of imaginable usage cases for NFTs arsenic we look ahead; don’t beryllium amazed to spot much and much projects that are little focused connected strictly art, and much focused connected utility.

Related Reading | Bitcoin In Demand, Bulls Enjoy 9% Surge

View source