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Lamborghini is accelerating into the world of the blockchain with the release of its first NFT (non-fungible token) next month. The Italian automaker, which is in the midst of an ambitious shift to hybrid and electric sports cars, announced that it would auction off a series of NFTs that it produced in collaboration with Swiss artist Fabian Oefner, as well as NFT Pro and Sotheby’s.
HT is foraying into web 3.0 by launching NFTs (non-fungible tokens) that will include digitised versions of original historic creatives which were published in Hindustan Times through the decades under the banner of “HT Timeless Tokens”.
Some artworks of Pablo Picasso, the legendary 20th-century Spanish artist will be seeing the light of the day in 2022, with his granddaughter Marina and her son Florian Picasso stepping into the NFT (Non-Fungible Tokens) space as they put to sale around 1,010 digital art pieces of one of his never-seen-before ceramic art, reported Indian Express.
NFTs took off in many corners of the world last year, but the trading of the fast-growing blockchain-powered and verifiable digital assets is yet to make inroads in India. Now a local startup – backed by high-profile investors Tiger Global, Sequoia Capital India, Coatue Management, and Dapper Labs – believes it’s cracked the code to win customers in the world’s second largest internet market. FanCraze on Thursday launched its digital assets that capture moments of a game that is very familiar to – and often a crucial part of – 1.3 billion people’s lives: cricket.
Adidas and Prada will invite their collective audiences to contribute unique anonymized photographs to the open-Metaverse NFT project. In a press release , Adidas said that atleast 3,000 community-sourced artworks will be minted as NFTs and compiled as tiles in a single mass-patchwork NFT designed by renowned creative coder and digital artist, Zach Lieberman.
He told Fortune. “I’d spend every day drawing for hours, having hope that maybe one day when I was really old or dead I’d get to experience the feeling of someone connecting to my art.” But now, between primary and secondary sales, his NFT art is valued at more than $26 million, according to the website cryptoart, which tracks the total transaction value of every NFT created by an artist.