NFT Archives - Grit Daily News https://gritdaily.com The Premier Startup News Hub. Thu, 14 Jul 2022 01:20:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.1 https://gritdaily.com/wp-content/uploads/2021/07/GD-favicon-150x150.png NFT Archives - Grit Daily News https://gritdaily.com 32 32 NFTs Changed Art and Gaming Forever: B3L Doesn’t Think That’s Enough https://gritdaily.com/nfts-changed-art-and-gaming-forever-b3l-doesnt-think-thats-enough/ https://gritdaily.com/nfts-changed-art-and-gaming-forever-b3l-doesnt-think-thats-enough/#respond Thu, 14 Jul 2022 00:21:26 +0000 https://gritdaily.com/?p=89728 There is no denying that blockchain is one of the most disruptive technologies of the last decades, changing multiple industries in a matter of years. The NFT craze of 2021 […]

The post NFTs Changed Art and Gaming Forever: B3L Doesn’t Think That’s Enough appeared first on Grit Daily News.

]]>
There is no denying that blockchain is one of the most disruptive technologies of the last decades, changing multiple industries in a matter of years. The NFT craze of 2021 further displayed the technology’s disruptive nature by changing how millions of people interacted with art, democratizing it in the process. Now that the craze has slowed down, new NFT cases are being explored each day, with “Heirloom” NFTs being one of the latest.

Led by investor and entrepreneur Fernando Garcia, Bridge 3 Labs (B3L) is an Austin-based blockchain startup focused on long-term wealth creation through disruptive Web3 technology. Founded in January of this year, the startup describes itself as “the 1st NFT Venture Studio bringing access to exclusive IRL assets through utility NFT projects.”

Born in Spain and now living in San Francisco, B3L’s CEO and Co-Founder Fernando Garcia has made a name for himself as an unstoppable leader and entrepreneur. He currently holds the position of Vice President of K2 Capital and Senior Vice President at Postlane Partners, having held similar leadership positions at Gladieux Energy, CKC Partners, and Search Fund Accelerator. Fernando is now channeling all of his experience on Bridge 3 Labs, which he is sure will outperform his previous $75M fuel automation technology and distribution business.

B3L’s Co-Founder and CEO Fernando Garcia

With this mission in mind, B3L is bringing together a private community of entrepreneurs and investors from different backgrounds to revolutionize how NFTs create wealth. By sourcing, identifying, and investing in promising teams, the startup not only helps new Web3 projects get off the ground but also brings value to its members. The B3L team has over 30 years of combined experience as founders and leaders of start-ups and mid-stage across the IT, Energy, Luxury Real Estate, and Wine industries.

The project uses its own NFT “B3L Pass” not only to grant its holder access to the exclusive community but also to advanced trading analytic tools, research, educational content, private IRL event invitations, and exclusive rewards. While the use of NFTs as a means to access a community is not new by itself, the highly professional nature of the B3L pass. In addition to this, the team will soon be adding value to the Genesis Collection via “Heirloom” NFTs.

Non-Fungible Tokens have been long criticized for their highly speculative nature and supposedly “lack of value”. Heirloom NFTs address this issue by using tangible high.end luxury experiences and commodities as their backing. At this time, these include a private Bitcoin mining operation, a boutique hotel chateaux, and a world-class winery. The high value and utility of the assets backing these NFTs mean that they will be especially beneficial to long-term holders, resulting in them being an heirloom of sorts as they continue to appreciate in value.

By taking the idea of NFT away from an art-focused technological tool, B3L is looking to make them a more effective and attractive wealth-generating tool. While this would be closer to the idea behind cryptocurrencies, Heirloom NFTs differ in their use of stable IRL assets instead of services and trust. B3L is bringing the best out of the worlds of crypto, NFTs, and luxury assets into a single product, a mix that is sure to be a game changer in the long term.

The post NFTs Changed Art and Gaming Forever: B3L Doesn’t Think That’s Enough appeared first on Grit Daily News.

]]>
https://gritdaily.com/nfts-changed-art-and-gaming-forever-b3l-doesnt-think-thats-enough/feed/ 0
Ruben Rojas Debuted ‘Phygital Love’ NFT Collection with VCCESS at The Gall3ry by Kollectiff https://gritdaily.com/ruben-rojas-debuted-phygital-love-nft-collection-with-vccess-at-the-gall3ry-by-kollectiff/ https://gritdaily.com/ruben-rojas-debuted-phygital-love-nft-collection-with-vccess-at-the-gall3ry-by-kollectiff/#respond Tue, 05 Jul 2022 14:29:33 +0000 https://gritdaily.com/?p=89427 World-renowned artist Ruben Rojas, best known for his “love” artwork which spreads his message of “Live Through Love ” across the world, partnered with VCCESS to drop the coveted, limited […]

The post Ruben Rojas Debuted ‘Phygital Love’ NFT Collection with VCCESS at The Gall3ry by Kollectiff appeared first on Grit Daily News.

]]>
World-renowned artist Ruben Rojas, best known for his “love” artwork which spreads his message of “Live Through Love ” across the world, partnered with VCCESS to drop the coveted, limited NFT Collection “Phygital Love.” The event took place at The Gall3ry by Kollectiff, Los Angeles’ only web3 members club and permanent NFT gallery and event space. 

“Phygital Love” is a convergence, merging digital with physical art. The event featured both Ruben’s NFT art on display in the gallery, as well as his physical paintings and sculptures throughout the event space. The drop included both elements when purchased with varied tiers for cost so that anyone- from a casual fan to a serious NFT collector- could participate. 

The ‘Lovers’ are 500 unique works of art that Ruben considers his “Love DNA.”  Each piece is one of a kind, randomly generated NFT, and as unique as you are! This item is a “Love” PFP (profile picture) priced at $250.

On display, there was also the  opportunity to purchase a Love digital animated video NFT with a corresponding physical  sculpture for $3000. Each digital sculpture, from the 1 of 1 ‘Genesis’ to the ‘25 to Love’ digital sculptures, was paired with a handmade physical sculpture.  The two unique pieces are paired with a Quantum Fingerprint Tag. The Quantum Fingerprint TAG (QFT™) is a secure digital identifier that can be applied to both digital and physical assets via an NFC chip (like a digital fingerprint!) so that each retains its intrinsic value.

In addition, a bespoke 1 of 1, 8-ft. Love Statue (sculpture) was on display for photo opportunities and available for purchase for  $35,000 along with an accompanying digital video NFT.  

The event included signature cocktails curated courtesy of local venice bar Roosterfish, while DJ Wesley Weekends kept the music as vibrant as the NFTs on display.

If you weren’t able to attend, don’t worry! The drop is still open for purchase via the one-of-a-kind QFT by visiting here,. VCCESS, the tech partner for the event,  makes owning NFTs easy because you can purchase with a traditional form of payment (credit card, etc.)  and don’t have to have a digital wallet or cryptocurrency. 

Please view images from the event which can be licensed from Getty Images HERE.

You can claim a free NFT by Ruben Rojas by including this link. 

About Ruben Rojas:

In 2013, Ruben Rojas traded in his suit for a paintbrush and began transforming blank walls into unique empowering messages that today are uplifting communities and challenging the public to create new dialogues. Rubens’ mission is to ignite creativity and inspire others to see the world through the lens of love. Ruben partners with companies who aim to give back, enhance workspaces and raise awareness of important issues. Some of his collaborations include Reebok, Tom’s, American Express, and more. Visit RubenRojas.com. Follow on Instagram and Twitter.

ABOUT VCCESS

VCCESS is a marketplace that provides brands and artists the ability to capture their customers within a digital world experience where they can buy, sell, and trade physical and digitally authenticated consumer goods. 

About Kollectiff

Kollectiff is a web3 innovation and venture studio leveraging blockchain technology and NFTs to create engaging and connected brand experiences, focusing on utility and experiential design. The studio helps IP owners and brands understand and unlock the full potential of Web3, NFTs, and the Metaverse, from concept ideation to creative and technical execution. Kollectiff specializes in taking brands and industry into the Metaverse. Company advisors include Sebastien Borget (COO, The Sandbox) and Rodolfo Echeverria (former Global Head of Creative at The Coca-Cola Company.)

The post Ruben Rojas Debuted ‘Phygital Love’ NFT Collection with VCCESS at The Gall3ry by Kollectiff appeared first on Grit Daily News.

]]>
https://gritdaily.com/ruben-rojas-debuted-phygital-love-nft-collection-with-vccess-at-the-gall3ry-by-kollectiff/feed/ 0
The Future of Web3 Gaming and How It Is Driving Blockchain Activity https://gritdaily.com/the-future-of-web3-gaming-and-how-it-is-driving-blockchain-activity/ https://gritdaily.com/the-future-of-web3-gaming-and-how-it-is-driving-blockchain-activity/#respond Mon, 27 Jun 2022 03:30:00 +0000 https://gritdaily.com/?p=89190 Gaming has become one of the most dominant industries in the tech world over the past years. What used to be a small niche reserved for “outcasts” and geeks, surpassed […]

The post The Future of Web3 Gaming and How It Is Driving Blockchain Activity appeared first on Grit Daily News.

]]>
Gaming has become one of the most dominant industries in the tech world over the past years. What used to be a small niche reserved for “outcasts” and geeks, surpassed the movies and sports industries in the US back in 2020, according to some reports. Now, gaming is quickly becoming an important sector in the blockchain space too, taking advantage of the benefits that NFTs and crypto bring to the table.

According to the Blockchain Game Alliance and DappRadar’s Q1 of 2022 report, $2.5 billion were raised by blockchain games during the first quarter. If this trend was to continue, investments would increase by 150% when compared to last year, with activity having grown already by 2,000%.

This growth is not fortuitous but the result of technologies like NFTs, Web3, and the metaverse gaining relevance in the blockchain and mainstream tech spaces. In fact, blockchain gaming’s impact on the blockchain space has been so strong that its activity accounts for 52% of all blockchain activity.

Games like Axie Infinity, Splinterlands, Alien Worlds, Crazy Defense Heroes, Sky Mavis, and The Sandbox are some of the games leading to the rise of blockchain gaming. Not only have these games allowed players all around the world to generate economic gains but they have also introduced innovative mechanics and partnerships.  An example of this is The Sandbox’s recent partnership with Time Magazine to develop “Time Square”, a metaverse version of NYC’s iconic intersection.

“The Sandbox is often viewed as a ‘virtual Manhattan’, a vibrant space alive with culture, entertainment, and brands, where anyone can discover, learn, work, meet new people, play, dance, and find amazing new opportunities,” said The Sandbox’s Co-Founder and COO Sebastien Borget in the announcement. “By partnering with TIME, we’re adding TIMEPieces as the beating heart and soul of this virtual Manhattan, where a design call for virtual architects will be held in TIME Square, a place in our creative metaverse for brands and creators.”

But what is the reason behind gamers’ captivation with blockchain gaming? The reason is simple: The play-to-earn model. Historically, gamers have been unable to profit from playing their favorite games as most developers don’t allow real money transactions. While the reasons for this decision vary, they are often related to an attempt to prevent botting, account hacking/sharing, and legal issues.

The result is that most players don’t truly own their in-game assets as they can’t sell them nor take them out of the game ecosystem. Blockchain changed this by introducing NFTs and crypto, facilitating the creation of open marketplaces for gamers to trade their assets. This, in addition to being able to move assets out of the game ecosystem, result in true ownership.

As part of Grit Daily House during Consensus 2022, attendees had the opportunity to hear directly from one of the pioneers shaping the future of blockchain gaming. PixelSmarter’s Founder & DashLeague Creator Joseph Lazukin sat with Entrepreneur Magazine’s Jeff Hunter to talk about the opportunities and challenges in the blockchain gaming industry.

If you missed the chance to attend Grit Daily House in person and to hear what Joseph had to say, worry not. You will be able to watch the fireside chat in the video below and find our other panels on Grit Daily’s official YouTube Channel.

The post The Future of Web3 Gaming and How It Is Driving Blockchain Activity appeared first on Grit Daily News.

]]>
https://gritdaily.com/the-future-of-web3-gaming-and-how-it-is-driving-blockchain-activity/feed/ 0
Crypto Ethics: The Math of Socially Responsible Investing in Blockchain & the Metaverse https://gritdaily.com/the-math-of-socially-responsible-investing-in-blockchain-the-metaverse/ https://gritdaily.com/the-math-of-socially-responsible-investing-in-blockchain-the-metaverse/#respond Sun, 26 Jun 2022 10:30:00 +0000 https://gritdaily.com/?p=89168 Disruptive technology always comes with ethical considerations, especially when it comes to the tech industry. The internet, Artificial Intelligence, social media, Peer-to-peer platforms, streaming services, and now, blockchain technology. With […]

The post Crypto Ethics: The Math of Socially Responsible Investing in Blockchain & the Metaverse appeared first on Grit Daily News.

]]>
Disruptive technology always comes with ethical considerations, especially when it comes to the tech industry. The internet, Artificial Intelligence, social media, Peer-to-peer platforms, streaming services, and now, blockchain technology. With blockchain technology’s role becoming increasingly important in today’s world, more investors are worried about socially responsible investing.

Concerns around the ethical implications of blockchain technology have been around since its early days. However, as the technology gained relevance, it would eventually become one of the major sources of both positive and negative criticism. Probably the biggest criticism that blockchain technology has had to face was when the New York Times published a piece on Bitcoin’s environmental impact.

The piece, titled “In Coinbase’s Rise, a Reminder: Cryptocurrencies Use Lots of Energy”, brought further attention to existing concerns on Proof-of-work’s energy consumption. Many articles and columns would show up over the next few days, with companies like Square and Citi weighing in. While the topic of Bitcoin’s use case is certainly not in the spotlight nowadays, it remains relevant.

More recently, Non-Fungible Tokens have also risen to prominence as celebrities and brands around the world started using and advocating them. During the NFT craze, thousands of people joined the discussion on how ethical NFTs really were. While supporters defended their potential use cases and their role in democratizing art, detractors pointed at the financial implications of speculation around them and their hypocrisy.

Debate on the ethics of new technologies is nothing new. The International Journal of Ethics published by The University of Chicago Press was already publishing about the topic back in 1923. In an article titled “Some Ethical Consequences of the Industrial Revolution”, Austin Freeman referred to the industrial revolution by saying:

“This ethical atrophy represents the subsidence to a lower level of essential civilization. For civilization, as we have agreed, is based upon the recognition by man of his duty towards his neighbour; of which none can be more obvious than that of honesty and fair dealing.”

Today, most of us don’t think of the technical revolution as a negative but quite the opposite. Just like that, most criticism toward NFT, blockchain, and crypto, is more about their current status… Not about the technology itself. When it comes to investing in a socially responsible manner, it is not about investing in crypto or not, but the how.

The “The Math of Socially Responsible Investing in Blockchain & the Metaverse” panel saw experts discuss this topic as part of Grit Daily House during Consensus 2022. Leah Callon-Butler, Director at Emfarsis; Evin Cheikosman, Policy Analyst at World Economic Forum; and Nisa Amoils, Managing Partner at A100x Ventures, took to the stage to share their insights, opinions, and experience with the attendees.

Moderated by Linqto’s Chief Strategy Officer Karim Nurani, panelists discussed topics such as environmental concerns around blockchain, the regulation of fintech, and the role of women in developing countries. If you want to know what these experts have to say, you can watch the entire panel in the video below. You can also find our other panels on Grit Daily’s official YouTube Channel!

The post Crypto Ethics: The Math of Socially Responsible Investing in Blockchain & the Metaverse appeared first on Grit Daily News.

]]>
https://gritdaily.com/the-math-of-socially-responsible-investing-in-blockchain-the-metaverse/feed/ 0
Getting Ready for The Next NFT Craze? Here is How to “Style” Your NFT! https://gritdaily.com/how-do-you-style-your-nft/ https://gritdaily.com/how-do-you-style-your-nft/#respond Sat, 25 Jun 2022 21:00:00 +0000 https://gritdaily.com/?p=89164 With crypto winter already here, the NFT craze seems to have slowed down. Data from NonFungible shows a steady decrease in NFT sales volume and value over the past months. […]

The post Getting Ready for The Next NFT Craze? Here is How to “Style” Your NFT! appeared first on Grit Daily News.

]]>
With crypto winter already here, the NFT craze seems to have slowed down. Data from NonFungible shows a steady decrease in NFT sales volume and value over the past months. In addition to this, media coverage has also shifted to cover other topics such as the crypto and stock crash. Now, the tranquility represents an opportunity for artists and NFT projects to regroup and plan for the future. 

Ever since NFTs went mainstream, their potential was hidden by the noise generated by media, speculators, and the saturation of the market. It is not surprising that NFTs generated a lot of criticisms, getting to the point that one of its co-inventors, Anil Dash, wrote for The Atlantic:

“When we invented non-fungible tokens, we were trying to protect artists. But tech-world opportunism has struck again.”

The NFT craze certainly opened the doors for many creators looking to gain agency over their works, becoming able to sell them and protect them against appropriation by third parties. Unfortunately, the monetary interest behind NFTs gave place to increasing centralization that resulted not only in single-points of failure and corporate greed but also in a lack of innovation around the technology.

Now, celebrities like Serena Williams, MC Hammer, Jimmy Fallon, and Reese Witherspoon are changing their NFT profile picture as the craze dies and media attention shifts. Sure, stars like Cristiano Ronaldo might be joining the space but in general, it seems that NFTs are returning to their roots: empowering artists and collectors.

While NFTs have far more uses than art, the interest shown by brokers like Christie’s and Sotheby’s has allowed NFTs to make it into the world of fine art. With artists already looking to innovate and prepare for the trends that are coming as web3, the metaverse, and the entire blockchain ecosystem continue to evolve.

As part of Grit Daily House during Consensus 2022, Edge of NFT’s Co-host and Co-Founder Josh Kriger moderated the “How Do You “Style” Your NFT?” panel. Amanda Terry, Metagood’s CEO and Co-Founder; Jared Christopherson, OneOf’s Co-Founder; and Mark Murrell, Haddie’s Bay Club’s CEO and Chief Curator shared their expert insights on the topic.

If you missed the chance to attend Grit Daily House in person and hear what these panelists have to say about this topic, worry not. You will be able to watch the panel in the video below and learn what the experts are saying about styling your NFTs in the current market. You can also find our other panels on Grit Daily’s official YouTube Channel!

The post Getting Ready for The Next NFT Craze? Here is How to “Style” Your NFT! appeared first on Grit Daily News.

]]>
https://gritdaily.com/how-do-you-style-your-nft/feed/ 0
The Crypto Bubble Is Bad, Right? Well, It’s Complicated https://gritdaily.com/the-crypto-bubble-is-bad-right-well-it-is-complicated/ https://gritdaily.com/the-crypto-bubble-is-bad-right-well-it-is-complicated/#respond Mon, 20 Jun 2022 02:00:00 +0000 https://gritdaily.com/?p=88897 It has been a pretty bad couple of weeks for crypto investors around the world. Not only has the crypto market plummeted for the second time this month as the […]

The post The Crypto Bubble Is Bad, Right? Well, It’s Complicated appeared first on Grit Daily News.

]]>
It has been a pretty bad couple of weeks for crypto investors around the world. Not only has the crypto market plummeted for the second time this month as the bubble burst but events like Terra’s downfall have shaken the ecosystem to its core. Fortunately, despite the fear and doubt that these have caused, the current situation has also resulted in new opportunities and positive changes for the space as a whole.

Not only is the crypto market far from the only market currently crashing but the space has also survived similar crashes in the past. Back in 2018, many believed that crypto was done as a result of the ICO boom, worries about a regulatory crackdown, exchange hacks, and many other events. However, despite such predictions, cryptocurrency perdured and grew even stronger as more stable and efficient safeguards were put in place.

It is not a surprise that most experts agree that while the current crypto crash is certainly alarming from a financial perspective, it is temporary. Just like stocks, real estate, and gold have crashes and corrections just to recover from them eventually, crypto is also cyclical. Vitalik Buterin shared his opinion about the current state of the market in a recent interview with Fortune:

“Crypto has had ups before, and it has had downs before, and it will have ups and downs again. The down periods are certainly challenging, though they are also often the periods where the most meaningful projects get nurtured and built.”

The outgoing bear market represents an opportunity for crypto projects to gain notoriety based on their technological relevance and innovation. Blockchain networks like Ethereum, Cardano, and Polkadot have already benefited from the lessons taught by recent developments. Charles Hoskinson, Cardano’s founder, offered an update on the impact of Terra’s crash on Cardano’s upcoming Vasil hard fork:

“After the collapse of LUNA, we decided to add an additional test harness to what we’re doing and think really carefully about some things. It’s taking a bit more time but we figured that the abundance of caution is well rewarded these days. We’ll just keep building.”

From an investment perspective, the bubble burst is also more multifaceted than most media and people would make investors think. Bubbles have the potential to drive investment to areas that favor innovation, allowing projects in them to get off the ground. In a similar manner, projects that rely on speculation instead of strong foundations are weeded out more often than not. 

Once you understand the potential positive ramifications of a bubble, it is easy to see why investments opt to get altcoins. The potential profit that can be gained from investing in the right altcoin during a bear market is more than enough to allure investors of all levels. However, this doesn’t mean that investing in any altcoin is the way to go as, in fact, choosing the right altcoin is in fact even more challenging than during a bull run.

Back on June 8th, Grit Daily House saw Linqto’s Chief Strategy Officer Karim Nurani, Journey’s Co-Founder & Chief Metaverse Officer Cathy Hackl, and Contrarian Thinking’s Founder Codie Sanchez, sit with CoinDesk TV’s Jenn Sanasie to talk about the crypto market bubble. Titled “Where Is the (Market) Bubble?”, the panel was full of important insights ranging from the Metaverse’s relationship to the bubble, to how investors can navigate the current bear market.

If you missed the chance to attend Grit Daily House in person and to hear what these experts have to say about the Yin and Yang that a bubble can be, worry not. Not only will you be able to watch the panel in the video below but you can also find other panels on Grit Daily’s official YouTube Channel.

The post The Crypto Bubble Is Bad, Right? Well, It’s Complicated appeared first on Grit Daily News.

]]>
https://gritdaily.com/the-crypto-bubble-is-bad-right-well-it-is-complicated/feed/ 0
What’s In a Crypto Wallet?: Understanding the Role of Crypto’s Essential Tool https://gritdaily.com/whats-in-a-crypto-wallet-understanding-the-role-of-cryptos-essential-tool/ https://gritdaily.com/whats-in-a-crypto-wallet-understanding-the-role-of-cryptos-essential-tool/#respond Sun, 19 Jun 2022 02:00:00 +0000 https://gritdaily.com/?p=88882 Cryptocurrency is known for not being a beginner-friendly technology, requiring new users to learn a lot of concepts and tools. While this is not surprising due to its highly technical […]

The post What’s In a Crypto Wallet?: Understanding the Role of Crypto’s Essential Tool appeared first on Grit Daily News.

]]>
Cryptocurrency is known for not being a beginner-friendly technology, requiring new users to learn a lot of concepts and tools. While this is not surprising due to its highly technical nature, users tend to fall for cognitive biases as they progress through their crypto journey. While not necessarily the case for everybody, it is not uncommon to see clear representations of the Dunning-Kruger effect in so-called “veterans”.

Probably the greatest example of crypto users overestimating their own knowledge is their understanding of crypto wallets. While Crypto wallets are probably the most important tool when it comes to interacting with crypto and blockchain, most people misunderstand them. Starting with the idea that crypto wallets “store” cryptocurrency, these misunderstandings can prove disastrous in the long term.

There is also a group of crypto enthusiasts that understand that cryptocurrency wallets don’t store crypto but the keys to interact with it. Private and public keys serve different purposes, allowing a range of actions from receiving cryptocurrency to authorizing transactions. To truly understand how these keys allow for such operations, a user would need to have an understanding of cryptography and basic blockchain infrastructure

The understanding of how crypto wallets work gets even more difficult as concepts like custodial, non-custodial, asymmetric cryptography, digital signature, hot/cold wallets, and multisig get thrown around. While it is true that understanding such concepts is not necessary to make use of a cryptocurrency wallet, misunderstanding them must be avoided at all costs. As such, making crypto wallets easy to use without the need to understand the technology is essential.

Making such a wallet might not sound that difficult but in truth, it can be especially complex given the decentralized nature of crypto. Decentralization comes with more freedom of choice at the cost of safeguards, putting developers in a tough spot. With new movements like Web3, NFTs, and GameFi gaining momentum, the importance of these decisions continues to increase.

Dilemmas like these are what Robin Guyard, CTO of Laguna; Blake Commagere, Co-founder and COO of Vault12; and Doug Horn, Chief Architect of Telos, sat to discuss during Grit Daily House at Consensus 2022. Rachel Wolfson, Enterprise Blockchain Analyst at CoinTelegraph, moderated the panel titled “What’s In a Crypto Wallet?” by asking insightful questions on the role wallets are to play in the future of the crypto space.

If you missed the chance to attend Grit Daily House in person and to hear what these experts had to say about this topic, worry not. Not only will you be able to watch the panel in the video below but you can also find other panels on Grit Daily’s official YouTube Channel.

The post What’s In a Crypto Wallet?: Understanding the Role of Crypto’s Essential Tool appeared first on Grit Daily News.

]]>
https://gritdaily.com/whats-in-a-crypto-wallet-understanding-the-role-of-cryptos-essential-tool/feed/ 0
Meet Travel Tokens: When Traveling and NFTs Converge https://gritdaily.com/meet-travel-tokens-when-traveling-meets-nfts/ https://gritdaily.com/meet-travel-tokens-when-traveling-meets-nfts/#respond Thu, 09 Jun 2022 23:32:56 +0000 https://gritdaily.com/?p=88541 It has been some months since traveling normalized after the COVID19 pandemic disrupted the industry and caused billions of dollars in losses. Not only did the US drop the mask […]

The post Meet Travel Tokens: When Traveling and NFTs Converge appeared first on Grit Daily News.

]]>
It has been some months since traveling normalized after the COVID19 pandemic disrupted the industry and caused billions of dollars in losses. Not only did the US drop the mask mandate for travelers back in April but so did the European Union one month later. With travel restrictions diminishing by the day, travelers like Drew Binsky are rejoicing and returning to doing what they love the most: Traveling the world.

Drew is one of the few world travelers and content creators who have visited 197 countries, which is 4 more than those recognized by the United Nations. Not only has Drew seen everything there is to see in terms of countries but he has also helped millions share his experience through his videos. With more than 7 billion views, Drew has grown to become one of the most prolific travelers out there.

Having “exhausted” what can be explored geographically, Drew now has chosen to explore the world of NFTs by launching his own collection. This collection consists of 420 “Travel Tokens” that represent all 197 countries through a mix of landmarks, natural wonders, city skylines, experiences, and funny stereotypes. With 348 common, 58 golden rare, and 14 platinum rare NFTs, Drew expects to attract all kinds of collectors.

As a true citizen of the world, Drew’s motivations are not monetary in nature but quite the opposite: 60% of all proceeds will be donated to Nova Ukraine. The nonprofit organization provides emergency relief and assistance to Ukrainians who have suffered as a result of the Russian invasion. The war has been going on for over 3.5 months, causing over 4.2k deaths and displacing over 7 million people.

In addition to helping Ukrainians, those who acquire a Travel Token will be guaranteed a free NFT from the 2nd collection, Drew’s Travel Hacking Course at no cost, a chance to win a free RTW trip with Drew, and access to his annual secret event. 

The project has been in the works for over 14 months, which is a bit more than the time when Drew reached his goal of visiting all 197 countries in October of 2021. All of the tokens were conceptualized by Drew and developed by his creative team, allowing his over 7.4 million fans to share a part of Drew’s experiences when traveling the world. 

The tokens can be minted via the project’s website and started minting started back on June 7th. The project quickly gained popularity among the NFT community, with the project’s Discord, Twitter, and Instagram communities following the trend.

The post Meet Travel Tokens: When Traveling and NFTs Converge appeared first on Grit Daily News.

]]>
https://gritdaily.com/meet-travel-tokens-when-traveling-meets-nfts/feed/ 0
Move Over Messi: This NFT Platform Is Helping Disadvantaged Young Athletes Become Stars https://gritdaily.com/nft-platform-disadvantaged-young-athletes-stars/ https://gritdaily.com/nft-platform-disadvantaged-young-athletes-stars/#respond Wed, 08 Jun 2022 20:30:31 +0000 https://gritdaily.com/?p=88462 The sports world is full of platforms for those household names that dominate their field (of play). But what about giving young athletes from disadvantaged and marginalized communities the same […]

The post Move Over Messi: This NFT Platform Is Helping Disadvantaged Young Athletes Become Stars appeared first on Grit Daily News.

]]>
The sports world is full of platforms for those household names that dominate their field (of play). But what about giving young athletes from disadvantaged and marginalized communities the same opportunity to shine as the Ronaldos, Williams, and Alonsos of this world. With a new NFT-based platform, one blockchain startup is doing just that.

LEAP is a sports discovery and endorsement platform that uses blockchain and Web3 to power its mobile app that helps to connect youth talent with talent seekers and fans. LEAP’s decentralized digital arena democratizes sports and grants all talents equal growth opportunities, motivating young athletes to develop their game and compete online in the “Tournament of Meta-Legends,” bringing their real-life skills to the digital playground.

It’s a noble cause. Across the world, children that grow up in impoverished communities dream of turning their passion for sports into an enriching professional career. In the U.S., home to many of the most prominent sports associations in the world and a high-class college and youth sports infrastructure, only one out of 16,000 high school athletes turns pro.

In regions like Latin America and Africa, where sports are just as popular, but resources are more limited, the chances are even lower. However, many athletes strive for a secondary route to stardom. LEAP uses decentralized economic models to make it possible for anyone engaged in real-life sports activities to play, grow, and earn.

With LEAP, young athletes showcase their skill-sets in short-form videos uploaded to the platform. By specifically working with young athletes from impoverished and isolated communities, LEAP brings together a digital community of sports talent, talent seekers, and fans to help the athletes gain recognition and get rewarded based on their skill levels. The app features a customized video editor – LEAP Studio – with filters, stickers, and add-ons to help talents better highlight their skills.  

Using a play-to-earn model, LEAP encourages athletes to improve their skills through competitions between its users. These one-on-one battles, known as DAREs, showcase individual talents through performing short-form videos highlighting specific skills. Think Tik Tok for talent, with a payoff for those that can outshine their rival. The LEAP Seekers community – consisting of fans, agents, hall of fame athletes, clubs and academies, brands, and journalists – vote for whoever they feel performed the skill best.

As the budding stars compete in DAREs, the higher their rating will be, resulting in the minting of unique player-card NFTs whose value, worth, and score will determine rarity. These NFTs can be bought and sold, allowing these young athletes to earn from their hard work while also serving as a potential investment if they develop into a star.

The platform rewards its users based on their accomplishments with LEAP’s in-game tokens. Users receive an allowance of in-game tokens backed by real crypto-assets and use them in the LEAP Meta-Market to purchase real-world products and services, further improving their athletic development.

“We are building an important platform that will enable young athletes to receive the visibility and rewards they deserve based on their talent level,” Omri Lachman, CEO and co-founder at LEAP, said. “For too long, athletes from certain backgrounds or geographic regions have seen ‘going pro’ as the only solution to better their lives, and we are here to show them that going pro is not the only win. We are bridging the traditional sports industry with emerging talents and fans to unlock a brand new universe where everyone has an equal shot at the title by bringing their physical skills into the digital space.”

It’s an intriguing idea and one that leverages Web3 and NFT technologies to help those athletes – that would typically be overlooked – grow into the next generation of superstars, get the backing they deserve, earn as they play, and be noticed by those that can propel their sports careers to the moon.

The post Move Over Messi: This NFT Platform Is Helping Disadvantaged Young Athletes Become Stars appeared first on Grit Daily News.

]]>
https://gritdaily.com/nft-platform-disadvantaged-young-athletes-stars/feed/ 0
Tulum Crypto Fest: It’s a Wrap! https://gritdaily.com/tulum-crypto-fest-wrap/ https://gritdaily.com/tulum-crypto-fest-wrap/#respond Mon, 06 Jun 2022 15:55:54 +0000 https://gritdaily.com/?p=88098 While I knew that Tulum Crypto Fest would bring the vibe, the beauty, and the smarts, I had no idea how much it would make me re-fall in love again […]

The post Tulum Crypto Fest: It’s a Wrap! appeared first on Grit Daily News.

]]>
While I knew that Tulum Crypto Fest would bring the vibe, the beauty, and the smarts, I had no idea how much it would make me re-fall in love again with Tulum and validate my reason for being here so much. Tulum brought so many of us here during the pandemic, pulled by an indescribable and energetic calling to this mystical jewel of the Caribbean and with a desire to find our tribe and apply our skills for good. Many of us feel a calling here to connect with other Earth caretakers, and collaborate on our many Web3 projects, all while feeding our souls with otherworldly mysticism and wonder. That’s what Tulum Crypto Fest was to me in a nutshell, but there was also more!

The talks from Crypto School were situated under the psychedelic mushroom sculptures of Papaya Playa’s sandy beachside courtyard. Speakers were approachable, spiritual and profound, educating noobs and enthusiasts alike on best practices for acquiring crypto, NFTs, wallet safety measures and what not to do along your crypto journey.

Conscious Crypto

Conscious crypto is a vibe unique to Tulum that mixes spirituality, a mindset of abundance, self-reliance, personal expression, and a conscious relationship with money into a perfect barefoot luxury blend that has permeated its way into the psyche of the fest.

Embodied by the Ascended Trader, Crypto Love Ninja, and Tulum Crypto Club Founders, barefoot luxury promises a lifestyle abundant in time and freedom, over visible material wealth.

Education goes Hand in Hand with Crypto

In order to create a decentralized world, we must onboard more people into crypto. Even in a bear market, we can see that crypto can be a path to wealth and financial independence. With so many countries adopting bitcoin as a national tender it is easy to see that the current dip crypto is a buying opportunity. But that’s what someone who has already drunk the kool-aid would say. 

The Women Taking the Lead in Web3 panel featured a group of strong badass chingonas that are making waves in the web3 world sharing their journeys and lessons.

Francesca Martina, Miroslava, Sandra Ponce de Leon, Karen Nieves, Steph Ferraro: More Women in Crypto

Miroslava Pineda Landa, is a serial entrepreneur and CEO of Fractional Class Mexico. Miroslava and her team are advancing fractional ownership of high end real-estate through the blockchain, having developed their own marketplace, smart contracts and wallets to offer democratized real estate investment opportunities to the public.

Francesca Martina, crypto enthusiast and founder of More Women in Crypto, believes that a decentralized way of life using blockchain can create new social and financial systems that benefit those traditional financial systems often leave behind. The organization has a mission to drive the adoption of crypto, offer mentorship opportunities, and bring exposure and visibility to women in blockchain.

Steph Ferrera is a Mexican entrepreneur, artist, community leader and cofounder of More Women In Crypto. Steph is passionate about encouraging mass adoption of decentralized systems and believes women have a powerful role to play in DEFI. Her experience as an ecologist and regeneration warrior has helped her bridge her passions into utility for Regen Tulum and as part of the team that is bringing Tulum Coin to market.

Karen Sieves is digital and traditional business designer, specializing in blockchain, NFT, and metaverse strategy development. Karen has been building projects in the blockchain and Web3 since 2017 and believes that these technologies are integral and essential to all modern and successful businesses. Her current projects such as MetaInvestors.eth are focused on education, web3 adoption and marketplace growth.

NFTs to Save the Planet

Another insightful and inspiring panel, NFTs to Save the Planet was headlined by Charlie Graham, CoFounder of Nemus and Pinche Chucho of Petgaseritos collection from Petgas. Both collections are on a mission to save the planet through Web3. 

Chucho Escoto Faces, Petgaseritos, Sandra Ponce de Leon, NFT Boutique, Charlie Graham, Nemus, Tulum Crypto Fest

Nemus´ model is the creation of NFTs that correlate to actual Amazon Rainforest land held in trust. The mint raise goes to the protection of this land, approximately the size of the island of Barbados or 41,000 hectares with plans to continue to expand the protected land acquired as well as sustainably develop the land with indigenous populations. Nemus is the first to use many innovations in both its planned game mechanics as well as how it is currently crowdsourcing its lore and getting its Guardians involved in the building and creation process. Nemus is building a ¨greenprint¨ for how to use Web3 as a model for conservation and inspiring a movement of similar projects that are using NFTs to bring awareness to and to save precious ecosystems like the Amazon.

Petgaseritos is the brainchild of Pinche Chucho, also known as Chucho Escoto Faces, Cofounder of Petgas.mx, a Mexican company that is bringing a new innovation to market that transforms plastic into clean fuels. The Petgaseritos go on adventures IRL (in real life) and around the metaverse incentivizing “plastic mining” through beach cleanups and other plastic collection initiatives which tie into the Petgas mission of shared responsibility where we all take part in saving the earth and de-plastifying the planet. Petgas NFT collections such as Petgaseritos will offer actual Petgas plant revenues as passive income opportunities and other drops of unlockable content. Petgaseritos and Petgas coin are two of the planned NFT collection launches it is planning as part of its web3 and corporate innovation strategy.

The XibablaNFT takes inspiration from Nemus´ Greenprint for Conservation. The 10,000 NFT planned collection will present the 10,000 square meters of stalactite and stalagmite filled cavern that is the most important cavern in the Mayan World.

The Zazil Tunich cenote, future XibalbaNFT

A beautiful jewelbox of nature’s artwork, it hosts thousands of natural formations that have been forming since the meteorite that hit the earth and caused the Ice age killing the dinosaurs. It has one formation that is over 500,000 years old. The NFT project is meant to continue the work of the family that has been taking care of the cenote and restoring it to its current state and beauty. 

NFT Boutique at the Beach Holographic Experience

The NFT Boutique brought its holographic experience to the beach at Papaya Playa featuring new upcoming collections

NFT Boutique Holographic Experience featuring Plantiver.se and House of Panther

such as the House of Panther, existing house collections Cosmic Cats 420, Petgaseritos, and also new partner collections currently for sale and minting such as The Eye of Soluminati, and Plantiver.se a collection of NFTs made by the plants themselves!

Plantiver.se is giving plants autonomy and a voice so that they can be active participants in the metaverse as well as our real world! The project attaches sensor to different plants and let their state control what art gets made. In this way, the plants have created beautiful images from a moment in their life, making them unique, collectible records and reminders of the powers and talents of the natural world we live in.

Tulum Crypto Fest brought the Tuluminati barefoot luxury beach vibes and showed the world why Tulum is the cultural center of Web3. A huge thanks to fest organizers, Tulum Crypto Fest, Like Group, Nazieh Fazli and Peiman Fazli of Coworking Tulum, and Feel the Fruit.

The post Tulum Crypto Fest: It’s a Wrap! appeared first on Grit Daily News.

]]>
https://gritdaily.com/tulum-crypto-fest-wrap/feed/ 0