Daily NFT: Associated Press Launching NFT Marketplace for Photographs

Jan 11, 2022 10:34 AM

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Associated Press Launching NFT Marketplace for Its Photographs

The marketplace will be built by blockchain technology firm Xooa, with NFTs to be minted on the Polygon blockchain.

The Associated Press news agency is launching a non-fungible token (NFT) marketplace for collectors to purchase photographs taken during its 175-year history. The marketplace is being built by blockchain tech firm Xooa and the NFTs will be minted on the Polygon blockchain. The initial collection will be released over several weeks starting on Jan. 31, with subjects ranging from space, climate and war to spotlights on the work of specific AP photographers.

Read the whole article here!

Hennessy launches its first NFT

The tangible product is Hennessy-8, a blend of eau de vies from the firm’s last 8 master blenders.

Proving that even a 250-year-old Cognac producer is not too old to learn new tricks, Maison Hennessy will on Wednesday launch its first NFTs – non-fungible tokens – consisting of numbers 1/250 and 250/250 of an offering whose primary fungible asset is a elegant decanter or carafe called Hennessy-8, which consists of a blend of spirits produced by the maison’s last eight master blenders, including the current one, Renaud Fillioux de Gironde.

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NFT marketplace LooksRare goes live with vampire attack on OpenSea

NFT marketplace LooksRare launched today in the hope of providing an alternative to OpenSea.

An upstart NFT platform called LooksRare has gone live today, as more marketplaces continue to crop up to try to take on market leader OpenSea. LooksRare claims to be a community-focused marketplace that will develop new features based on what its users want.

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Binance NFT Platform Introduces "Subscription Mechanism"

Binance NFT, a digital collectibles marketplace launched by world-leading cryptocurrency ecosystem Binance (BNB), changes the model of registration for the collections' upcoming sales.

According to the official announcement shared by Binance with U.Today, its NFT platform radically changed its registration model. The new design is set to guarantee fair and inclusive opportunities for all BNB holders. The new mechanism includes four phases: Preparation, Subscription, Calculation and Distribution. During the "Preparation" stage, users will be required to hold the average daily BNB balance for a predetermined period. The exact volume of BNB to be stored will be set by the team behind the sale.

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Taiwan icon Jay Chou’s PhantaBear NFT dethrones Bored Ape Yacht Club

A new NFT collection backed by Taiwanese superstar Jay Chou has dethroned Bored Ape Yacht Club on OpenSea in trading volume

The PhantaBear NFT series, co-created by Jay Chou’s hipster brand PHANTACi, sold out its 10,000 algorithmically-created NFTs on Jan. 1 within 40 minutes on its debut at 0.26 ETH (about US$1,000 at the time) each, according to a company statement. Its floor price currently sits at 5.88 ETH (US$18,344) at press time.

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That's it for today. Stay tuned!