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Sushi released LSD-themed NFTs to commemorate the introduction of its trident AMM, and Tyson Fury, the ‘Gypsy King,’ sold a single NFT for nearly $1 million.
On HoDooi.com, a new platform aspiring to become the “eBay of NFTs,” Tyson Fury’s maiden foray into the NFT market resulted in a single NFT selling for nearly $1 million.
The auction for ‘Lineal by Tyson Fury’ closed on July 16, and represents one of the top athlete-themed sales in the market to date. The NFT depicts a tokenized illustration of Fury with two championship belts over each shoulder and a crown featuring his nickname “Gypsy King” on the front.
The NFT includes real-world bonuses such as a signed five-by-five foot painting of the artwork, signed boxing gloves, and video from Fury congratulating the winning bidder.
The NFT sale on HoDooi was also accompanied by a collection of five open edition NFTs of varying numbers of copies, that are priced between 250 USDT and 1000 USDT and are still on sale.
“It was great working with the HoDooi team and I’m happy we are all a part of history with one of the highest bids on a single sporting NFT!” Fury said.
Tokenized fine wine
WiV Technology, a blockchain trading platform for “unique assets” has partnered with the Georgian government to tokenize some of the country’s finest vintages and whiskeys as NFTs. The platform enables producers and collectors to buy, sell and borrow money against their holdings.
The idea is to provide transparency, reduced costs, and efficiency to buying and selling of assets such as wine. Georgia-based wine companies will also be able to certify authenticity of product lines with the use of NFTs.
“Each wine asset is allocated a corresponding digital token that securely collects and stores information about the wine’s provenance and transaction history,” WiV’s website reads.
WiV also plans to develop a quality assurance program hosted by a panel of expert judges to enhance the credibility of Georgia’s wine ranges.
“Economics is changing. Physical assets can now be turned into digital representations of the physical assets so that they can be traded more quickly and efficiently,” said Salome Zourabichvili, the President of Georgia.
On July 20, Sushi announced the launch of a new automated market maker (AMM) dubbed “Trident” and dropped an LSD-themed NFT to celebrate the launch.
07/20 marks the date that we reveal to you all our Next Generation AMM, Trident🔱
Trident is a new AMM protocol built in-house by the Sushi team, with features never-before-imagined in DeFi.
We can’t wait to welcome you to the “not just a fork” SushiSwap, Trident, coming soon! pic.twitter.com/RTLiduUVZf
— SushiChef (@SushiSwap) July 20, 2021
The NFT is titled “Terrible Trip,” and it features a silver trident perched on top of an eyeball sitting in the desert with a background of human-like statues, similar to what you could see on a bad LSD trip.
On Miso Sushi, tokenized and fractionalized versions of the artwork are for sale, with 20 full copies available. At the moment, one Bad Trip NFT costs 269 SUSHI.
New NFT accelerator: Launchpad Luna
Animoca Brands, a leading NFT game and property developer, has teamed with business accelerator Brinc to launch “Launchpad Luna,” a new programme to assist NFT-based startups.
The programme will “identify and develop NFT innovation in the domains of culture, art, entertainment, media, gaming, streaming, collectibles, insurance, finance, and data management,” according to the two.
Early-stage ideas with “high promise” will receive funding of up to $500,000 as well as a mentorship programme.
Enjin, a blockchain gaming platform, plans to employ NFTs to promote sustainability and equality as part of the United Nations Global Compact, as reported on July 21.
The company has proposed strategies such as deploying NFT technology in carbon-capture companies to mitigate climate change and eliminating the global wealth gap by granting innovators worldwide permissionless access to NFT markets.
As part of a push to integrate more companies into the NFT industry, a new socially focused NFT platform branded “Define” has raised $5 million in strategic investments. Users are given NFT-based social profiles as part of the platform, which reflect their contributions to the network and accomplishments.
Huobi Ventures, eSports entertainment business Abyss, and worldwide game developer PearlAbyss lead the $5 million round.