Bitcoin News Post
No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
LIVE PRICES
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation
No Result
View All Result
Bitcoin News Post
No Result
View All Result

Coca-Cola to Launch First-Ever NFT Collectibles to Honor International Friendship Day

by BNP
July 28, 2021
in Blockchain News
0
Share on FacebookShare on Twitter


Coca-Cola has partnered with Tafi, a number one designer of avatars and digital wearables, for the corporate’s first-ever non-fungible token (NFT) to have fun Worldwide Friendship Day to be held on July 30. 

Boosting NFT adoption

The main world beverage firm famous that this collaboration was a big step ahead in the direction of NFT adoption. Per the announcement:

“Coca-Cola will likely be auctioning an NFT loot field on OpenSea that incorporates Tafi-designed digital attire that may be worn eternally within the digital world of Decentraland.”

Due to this fact, Tafi will likely be tasked with designing the NFT collectables within the type of digital wearables. They’ll embody a customized Coca-Cola bubble jacket wearable, a friendship card, and a sound visualizer.

An NFT is a digital asset whose possession is blockchain-based, and its worth is pegged on its uniqueness.

Due to this fact, an NFT is completely different from a typical crypto token due to fungibility. A fungible token might be exchanged for one more, whereas a non-fungible token (NFT) can’t be primarily based on its finite nature. 

In consequence, NFTs are distinctive as a result of they’re non-divisible on condition that they need to be purchased of their entirety. For cryptocurrencies like Bitcoin, you should purchase a fraction of them, however that is unimaginable with an NFT. 

Reinterpreting Coca-Cola’s cores within the digital world

Based on Selman Carega, the president of International Coca-Cola Trademark:

“Every NFT was created to have fun parts which are core to the Coca-Cola model reinterpreted for a digital world in new and thrilling methods.”

Alternatively, Ty Duperron, Tafi’s COO, stated:

“That is really history-in-the-making, and it’s our hope that this inaugural assortment of Coca-Cola NFTs will delight and encourage followers and collectors for hundreds of years to come back.”

NFTs have emerged as a booming sector within the crypto ecosystem. As an example, they’ve performed a big function within the adoption of the Ethereum community. 

Picture supply: Shutterstock



Source link

ShareTweetPin

Related Posts

3 Website Operators Lured Romance-Seeking Victims Into Their Fraud

by BNP
February 6, 2023
0

The New Jersey Bureau of Securities has issued a stop and desist order to the homeowners of three web sites,...

U.K. Central Bank and Treasury Believe Digital Pound is Needed

by BNP
February 6, 2023
0

In keeping with a narrative that was printed by the Day by day Telegraph on February 4, the Financial institution...

BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari

by BNP
February 6, 2023
0

The Binance-native blockchain BNB Chain continued to indicate regular exercise development within the fourth quarter of final yr regardless of...

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

by BNP
February 6, 2023
0

In accordance with paperwork filed with the courtroom on February 4, a committee consisting of seven members has been constituted...

Starkware commits to open source its ‘magic wand’ Starknet Prover

by BNP
February 5, 2023
0

Ethereum layer 2 scaling resolution StarkWare introduced plans to open supply its proprietary Starknet Prover below the Apache 2.0 license,...

CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations

by BNP
February 5, 2023
0

The chairman of the US Commodity Futures Buying and selling Fee, usually generally known as the CFTC, is Rostin Behnam,...

Load More
Next Post

Morningstar analyst pegs Cardano (ADA) as one of the "big three" cryptocurrencies

Bitcoin News Post

Get the latest Bitcoin news & Cryptocurrency updates from the world's top trusted sources.

  • Home
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © Bitcoin News Post.

No Result
View All Result
  • Home
  • Latest News
    • Crypto News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • Ripple News
    • Litecoin News
  • Analysis
  • Blockchain
  • Exchanges
  • Business
  • Regulation

Copyright © Bitcoin News Post.

  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%
  • lympoLympo(LYM)$0.004392-4.43%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • RelevantRelevant(REL)$0.791.67%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • B-cube.aiB-cube.ai(BCUBE)$0.183584-4.85%
  • Shard CoinShard Coin(SHARD)$0.216756-21.17%
  • Finance VoteFinance Vote(FVT)$0.007875-2.41%
  • Value DeFiValue DeFi(VALUE)$0.554.96%