Connect with us

NFT

The new marketplace for pro-football NFT has a name: NFL All Day

It has been less than one year since NBA Top Shot was introduced to the world of NFTs by many sports fans. Now, the NFL is looking for a similar arrangement. The league announced a partnership in September with Dapper Labs, the company that runs Top Shot. Now we know the name and address of the service that will distribute video highlights clips that form the “Moments” which become NFTs: NFL All Day.

This effort is distinct from the Ticketmaster-powered NFL NFTs that are tied to select games this season (like the Lions’ annual Thanksgiving performance on national TV ),), but launching branding now doesn’t feel like a coincidence. On Thursday, there will be many blockchain- and NFT-related discussions amongst relatives. This is in addition to the NFL promotions and the Macy’s parade.

NFL All Day uses the Dapper Labs Blockchain just like Top Shot. The trading and showcasing Moments will take place on the All Day platform.

NFL All Day has yet to go live, but the website that hosts its waitlist was updated , promising fans that they will be able to experience “the future fandom” through digital video collectibles. It appears that things will be similar to NBA Top Shot, based on what we can see from a thread posted to Twitter. Each Moment can be purchased in random packs, each with a different rarity. You can also find “Melts”, which combine multiple plays into one Moment.

NBA Top Shot

Image: NBA Top Shot

The explosive initial popularity of Top Shot suggests the possibility there is an audience for this among the hundreds of millions of NFL fans. It’s not clear what these collectors will do with the collectibles until more features are launched. The marketplace is also growing in popularity to allow more users to discover rare items.

Read More

NFT

Nike is facing a lawsuit from people who bought its NFTs

Wes Davis

Wes Davis is a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020.

A group of people sued Nike this week over its decision to wind down its virtual show project RTFKT last year. The buyers of the digital assets accuse Nike of causing “the rug to be pulled out from under them,” and say they wouldn’t have bought its NFTs if they’d known they were “unregistered securities,” reports Reuters.

Filed in New York’s Eastern District, the proposed class action lawsuit seeks “unspecified damages of more than $5 million for alleged violations of New York, California, Florida and Oregon consumer protection laws.”

Nike tried to jump into the NFT game by buying RTFKT in 2021. But, like Starbucks Odyssey, it never quite worked out and the company abandoned the idea, announcing in December via the RTFKT X account that it planned to “wind down RTFKT operations” by the end of January this year.

Since then, RTFKT has seemingly been maintained by a single person named Samuel Cardillo, who spent Thursday posting through the sudden disappearance (and later reappearance) of artwork for its CloneX NFTs project.

Read More

Continue Reading

NFT

Report: SEC Concludes Opensea Probe, Drops Enforcement Threat Over NFTs

The U.S. Securities and Exchange Commission (SEC) has reportedly ended its investigation into Opensea and will not pursue enforcement action against the non-fungible token (NFT) marketplace over allegations that its NFTs constituted unregistered securities, the company confirmed to Bloomberg this week. Following Coinbase, SEC Ends OpenSea Investigation Under Trump’s Regulatory Climate Opensea…
Read More

Continue Reading

NFT

A Beginner’s Guide to Crypto AI Agents

First, it was Bitcoin. Then defi. Then NFTs. Now, AI is taking the crypto world by storm, unlocking new possibilities (and new riches). If you’re not paying attention, you’re about to miss one of the most explosive narratives of the cycle. This piece is a guest post by Blocmates…
Read More

Continue Reading

Trending

Copyright © 2017 Zox News Theme. Theme by MVP Themes, powered by WordPress.