One low-cap Ethereum-rival altcoin is moving in the opposite direction of most of the crypto market, partially on the news of a major celebrity partnership. While numerous crypto assets saw declining prices this week, XDB, the native token for open-source blockchain project DigitalBits, skyrocketed in value by 49.5% in the past seven days. DigitalBits bills […]
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Crypto companies continue to ramp-up marketing efforts with sports stars, with Beckham the latest to partner with blockchain provider, DigitalBits.
Iconic former English Premier League footballer, David Beckham, has become a global brand ambassador for the DigitalBits blockchain, launching his own range of NFTs in the process.
Beckham will release a series of NFTs and “other Blockchain-based digital assets” according to the brand ambassador announcement, with minting taking place on the DigitalBits blockchain.
Excited to announce #DavidBeckham has become a Global Ambassador for #DigitalBits!
— DigitalBits (XDB) (@DigitalBitsOrg) March 24, 2022
Get ready to explore the world of #Blockchain, #NFTs and #Metaverse with Beckham.
More details https://t.co/yafO7W2OuL
Thread pic.twitter.com/n54BMeDsnE
Beckham said the NFT collections were an “opportunity to create new experiences for my fans online.” According to DigitalBits, Beckham has a following of over 138 million, with an annual impression rate that surpasses nine billion across Instagram, Facebook, and China based social media platforms, Weibo and Douyin.
Crypto companies, in particular crypto exchanges, are ramping up partnerships with sporting teams and icons in a marketing effort to target mainstream consumers.
Australian based crypto exchange CoinSpot announced the launch of its new in-app NFT marketplace, allowing users to purchase digital art using a selection of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), and others.
CoinSpot said initially it will list only a selection of NFTs, including those from the Bored Ape Yacht Club, with more collections to be added over the next few months.
Gary Howells, Chief Product Officer at CoinSpot said its marketplace was created to simplify the process of buying an NFT, and make the transaction more affordable with lower fees in comparison to using other marketplaces.
American rap artists Snoop Dogg and Wiz Khalifa have released a special project consisting of eight tracks sold as NFTs featuring a theme tune for the Bored Ape Yacht Club.
Smoke a Bored 8th . Droppn a special project $APE COIN only @wizkhalifa @BoredApeYC
— Snoop Dogg (@SnoopDogg) March 24, 2022
▶️ https://t.co/8JXyIRN3Pm pic.twitter.com/yh8DFrEdj1
The collection, titled “Ape Drops 03 : An 8th” can be minted through Manifold, with each track available for purchase exclusively using ApeCoin (APE) with prices ranging from 12 to 15 APE, ($155 to $195).
Snoop Dogg and Wiz Khalifa both own Bored Ape NFTs, setting them as their profile pictures on Twitter. Snoop has been active in the crypto space and recently released 10,000 playable avatars and a “SnoopVerse” in partnership with the SandBox metaverse.
English Premier League football team Liverpool FC, announced its debut NFT collection in partnership with New York based auction house Sotheby’s.
They have arrived.
— LFC Heroes Club ⚽ (@LFCHeroesClub) March 24, 2022
Welcome to the world of LFC Heroes Club pic.twitter.com/T6H3uI9bQL
The collection features two series, each with 24 artwork NFTs, each one featuring a player on the team. The “Legendary” collection will be open for auction and sold to the highest bidder, and the “Hero” collection sold at a more accessible price of $75.
The US Department of Justice has arrested founders Ethan Nguyen and Andre Llacuna on wire fraud and money laundering charges for allegedly carrying out an NFT rug pull with the Frosties NFT project. If found guilty on both charges, the pair face up to 40 years in prison.
One of Vanuatu’s island is being built as the new capital for crypto, dubbed “Satoshi Island”, the project is selling plots of land and “citizenship” to the island as NFTs and say the entire economy will run on cryptocurrencies and blockchain technology.
