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AMC dropped an NFT to its shareholders, Puppy Bowl will feature an NFT sale on Chronicle, and Naomi Osaka launched her third collection.
The AMC movie theater chain dropped NFTs to all AMC shareholders on Tuesday.
As part of the reward, AMC CEO Adam Aron tweeted that the NFT and a WAX wallet in which to hold it will be free to claim for up to a year.
Emails detailing how to claim your AMC Investor Connect “I Own AMC” NFT will be sent next week on Jan 18, to all in the U.S. and globally who enrolled by 12/31/21. The NFT and a WAX wallet for up to a year are free to you. TY to our passionate shareholders. Own this NFT proudly! pic.twitter.com/veo5hSYCkr
— Adam Aron (@CEOAdam) January 13, 2022
The NFTs, dubbed ‘I Own AMC,’ show a sizable cordoned off medal with the company’s namesake across the middle as a grandiose kind of thank-you.
AMC has embraced cryptocurrency more and more since its stock (AMC) became the target of a retail stock buying craze led by r/Wallstreetbets that started with GameStop.
In Sept. 2021, Aron tweeted that the company would begin accepting Bitcoin (BTC), Ether (ETH), Litecoin (LTC), and Bitcoin Cash (BCH) as payment at its theater locations by the end of 2022.
Aron has been teasing Doge and Shiba fans about adding their favorite memecoin as a payment option. On Jan. 7, he tweeted that his company was “well on track for the promised Q1 implementation” of accepting Dogecoin (DOGE) and Shiba Inu (SHIB) as payment.
This year’s Puppy Bowl on Animal Planet will include an NFT sale to help raise funds for Ariana Grande’s Orange Twins Rescue animal rescue organization.
The Puppy Bowl is an event that airs on Super Bowl Sunday and depicts puppies playing within a small stadium. This year, the Puppy Bowl will air on Feb. 13 on the cable network.
The NFTs depict the puppies competing in the Puppy Bowl as trading cards and show their breed, hometown, and personality type.
The sale began with a free drop for early visitors to the Chronicle NFT marketplace. The official sale began on Jan. 14 with the ‘Common’ items, and will end on Feb. 13 with the ‘Immortal’ items at a higher price and rarity.
Organizers of the Puppy Bowl from Animal Planet signaled environmental awareness by stating that the NFTs were generated by “solutions that are Proof of Stake-driven, and with a commitment to reduce their carbon footprint."
This week, the defending Australian Open tennis champ Naomi Osaka is launching a new NFT collection designed by her sister, Mari Osaka.
The "Resolve: The Naomi Osaka Manga Collection" collection will be sold on the Autograph NFT marketplace.
Osaka's collection consists of 11,000 NFTs made from 10 different drawings. They will be available for early access starting Jan. 18. The NFTs and any special rewards for early buyers will not be fully revealed until Jan. 25. This will be Osaka's second collection on Autograph and her third NFT collection overall.
NFL star Tom Brady’s Autograph marketplace specializes in offering NFTs based on entertainment and sports stars. It features collections on Tom Brady, Derek Jeter, The Weekend, and many others. Autograph recently closed a funding round worth $170 million.
Osaka won the 2021 Australia Open and is defending her title at the 2022 Open this week.
Tech investor Guy Oseary has added another NFT project to his portfolio by agreeing to represent World of Women, a popular female empowerment NFT collection.
Oseary plans to help World of Women capitalize on film, TV, music and gaming opportunities. He also represents the popular Bored Ape Yacht Club NFT collection.
World of Women is a collection of 10,000 pictures depicting “diverse and powerful women” on OpenSea. The collection has a trading volume of 43,500 ETH on the world’s largest NFT marketplace with a floor price of 7.85 ETH ($24,552).
Lindsay Lohan signed on to Superfandom experiential NFT marketplace to offer her own experiences for fans and to serve as an advisor. She will help garner interest in the platform and find more talent to offer experiences as NFTs.
Microsoft bought Activision Blizzard for $69 billion earlier this week. This gives it ownership over wildly popular gaming titles such as Call of Duty, Overwatch, and World of Warcraft. The plan is to tie its gaming services into a framework that will “provide building blocks for the Metaverse,” according to Microsoft CEO and chairman Satya Nadella.
Guy Oseary has signed on to represent Yuga Labs in the entertainment sector, with the bored Ape Yacht Club NFT project slated to expand into music, gaming, tv and film.
Guy Oseary, the manager of musical heavyweights U2 and Madonna has signed a representation deal with Yuga Labs to expand the Bored Ape Yacht Club (BAYC) NFT project into movies, TV, music and gaming.
The move from Yuga Labs comes a month after CryptoPunks creators’ Larva Labs penned a representation deal in Hollywood with the United Talent Agency. Oseary adds BAYC to a list of all star clients which includes, alongside U2 and Madonna, comedian Amy Schumer and the Red Hot Chilli Peppers.
Welcome to the club, @guyoseary ! ☠️⛵️ https://t.co/PcUtD67zIF
— Bored Ape Yacht Club (@BoredApeYC) October 12, 2021
The announcement was shared via Variety on Oct. 12, with Oseary highlighting that despite the success of the BAYC project, Yuga Labs is still a relatively unknown brand, suggesting that there is plenty of growth potential for the firm:
“Many people still have not heard of Yuga, yet they are one of the highest-grossing talents of the year from any artform, including music and film.”
BAYC NFTs have become a highly sought-after asset in the past few months, with a collection of 101 bored ape NFTs selling for $24 million through auction on Sept. 10. Figures such as NBA Star Steph Curry have splurged six-figure sums on the adorable apes, while Metaverse gaming firm the Sandbox bought a golden ape for 740 Ethereum (ETH) on Sept. 6.
“We have many ambitious projects in the works and we’re thankful to have Guy’s expertise as we move the club into this new chapter, for the benefit of the entire BAYC community,” Yuga Labs said.
According to data from CryptoSlam, BAYC NFTs have generated more than $555 million worth of sales on secondary markets since launching in April. The floor price sits at 37.08 ETH which is worth roughly $130,000 at the time of publication. While a not inconsiderable sum, it is currently down 51% since its all-time high of 76.8 ETH ($269,000) on Sept. 30.
Oseary also emphasized that the Yuga Labs representation deal will offer plenty of opportunities for hodlers of the BAYC NFTS, noting that:
“They are originals, empowering their community of NFT holders by giving them IP rights to their purchased ape, and continually creating ways to add benefits and utility to the purchased artwork.”
“The Apes at Yuga Labs and I have a lot of exciting initiatives for the community and we look forward to sharing them soon,” he added.
Related Coinbase follows FTX and Binance in launching NFT marketplace
An upcoming project for the BAYC is the launch of its own token, with the team revealing on Twitter last Friday that it will be launching an ERC-20 in Q1 of 2022. BAYC stated that while launching a token takes “minutes,” it is carefully working on constructing a “legally compliant token” that is set up in a “responsible way.”
First things first: It's stupid easy to launch an ERC-20 token; it takes minutes.
— Bored Ape Yacht Club (@BoredApeYC) October 8, 2021
It’s much more complicated to construct a legally compliant token and set it up in a responsible, sustainable way.