Facebook, Fox and Canada Doubling Down on NFTs
NFTs are the future
NFTs enter the fashion industry
Vogue is a luxury fashion magazine. And the Singapore edition is using NFTs. The September issue will enable access to 2 digital covers available as NFTs.
The coolest part? They’re programmable NFTs. Meaning, they change depending on the time of day. Here’s a tweet from Vogue about it!
Facebook’s Crypto wallet and NFTs
Facebook is building a crypto wallet called Novi Digital Wallet. A FB executive reported that they’re working to integrate NFTs to support consumers with the wallet.
This is going to be a big deal for NFTs. Facebook’s wallet will do a lot to onboard new people to crypto. And with NFTs available to all these new users, adoption is only going to accelerate.
Fox Core Invests $100 million into NFTs
Fox Core is investing $100 million into a blockchain digital content management company called Eluvio. Their mission is to increase widespread adoption of NFTs through entertainment and media.
It’s amazing to see Fox, a conservative media giant, invest in the adoption of this new and exciting technology.
Canadians Getting into NFTs
The Montreal Canadians are releasing a line of digital art as NFTs. They’ll be releasing 2 packs. The base pack is $25 and the rare one is $50.
This is another example of sports stars using NFTs to create more value for their fans. With the last few months, it looks like this is going to be a regular part of the sports & entertainment industry.
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Meme of the week
