NFT News June 25, 2022
The Genesis NFT Collection From Bentley Motors is Coming
The famous British luxury car designer Bentley Motors Limited is finally doing what we all hoped they would do all along. They will be designing something for the future Web3 ecosystem. This is going to take the form of the launch of a non-fungible token (NFT) collection, which will be on the Ethereum scaling platform Polygon, the company announced today. According to a recent announcement, the new NFT collection is slated to hit the markets in September 2022 and will feature a collection of a total of 208 pieces.
The News
Bentley Design is going to be in charge of making the NFT collection. Investors and purchasers that obtain the NFTs will receive special access and rewards from Bentley Motors. The car manufacturer did not release the NFTs’ price tag as yet.
Additionally, Bentley Motors has told sources that they plan to contribute the proceeds of the sale of all the NFTs to supporting students interested in engineering, design, and manufacturing. Additionally, the company plans to use the funds to support organizations that push for sustainability, especially in the transportation industry.
The Scoop
“The car manufacturer chose to drop its NFT collection on Polygon because the network is carbon neutral. Per the announcement, the Bentley NFTs will be eco-friendly, helping the company build on its commitment to achieving end-to-end carbon neutrality by 2030.” -Bentley
This collection will eventually set a precedent that all car companies and will hopefully result in more than a few collections getting fast-tracked.
MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.
NFTs have has a huge impact on the Metaverse, and the revolution of digital content in general. If you haven’t heard, these markets are huge now, having expanded in recent years. You’ve also likely heard a lot of definitions of what NFTs are and what the future of that market will be. We’ve written before about the criteria you should look for when you’re thinking about investing in NFTs. Currently, the markets around NFTs are certainly something to be paying attention to, and now we want to discuss the way in which we value the NFTs we examine.
The News
Recently, if you’ve been looking into NFTs, you’ve likely seen that the markets are down. Now, whatever reasons there are for this, we want to look into how you should evaluate the pros and cons of purchasing NFTs. Just because one NFT in a wide collection of NFTs, and therefore boosts the overall value of the collection, doesn’t necessarily mean that you should invest.
Interest
“NFT gives artists and authors the opportunity to monetize their work. All creative industry enthusiasts need is to join the digital ecosystem, create their own product, and put it up for auction. Thousands of creative people no longer need to rely on galleries or auction houses which involve paying margins. They can use the BTC ecosystem to publish a variety of files — musical works, paintings, collages, animations, etc. Furthermore, any artist can do this without intermediaries by sending the work as NFT directly to the art collector. Users can program licensing fees to earn money each time their product is sold to a new owner.” -Yahoo Finance
MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.
If you are an investor, or even if you are an intermediate collector of NFTs, you’ve probably heard plenty of strategies that pertain to the search and possession of NFTs. You’ve also likely heard a lot of definitions of what NFTs are and what the future of that market will be. We’ve written before about the criteria you should look for when you’re thinking about investing in NFTs. Currently, the markets around NFTs are certainly something to be paying attention to, and now we want to discuss the way in which we value the NFTs we examine.
The News
Recently, if you’ve been looking into NFTs, you’ve likely seen that the markets are down. Now, whatever reasons there are for this, we want to look into how you should evaluate the pros and cons of purchasing NFTs. Just because one NFT in a wide collection of NFTs, and therefore boosts the overall value of the collection, doesn’t necessarily mean that you should invest.
Interest
“NFT gives artists and authors the opportunity to monetize their work. All creative industry enthusiasts need is to join the digital ecosystem, create their own product, and put it up for auction. Thousands of creative people no longer need to rely on galleries or auction houses which involve paying margins. They can use the BTC ecosystem to publish a variety of files — musical works, paintings, collages, animations, etc. Furthermore, any artist can do this without intermediaries by sending the work as NFT directly to the art collector. Users can program licensing fees to earn money each time their product is sold to a new owner.” -Yahoo Finance
MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.
The oddly and aptly named NFT collection called CryptoDickButts is seeing an incredible increase in value. At this point, some of these collections, by analysis of the name alone, are vehicles for immense wealth shifts for the people who program them. Are they making fun of us, or do they know something we don’t? Let’s find out in the article we have prepared for you today. We want to detail some of the reasons this increase in the CryptoDickButts value has occurred, and ask the question, why should you care?
The News
Recently, if you’ve been looking into NFTs, you’ve likely seen that the markets are down. Now, whatever reasons there are for this, we want to look into how you should evaluate the pros and cons of purchasing NFTs. Just because one NFT in a wide collection of NFTs, and therefore boosts the overall value of the collection, doesn’t necessarily mean that you should invest.
Interest
“NFT gives artists and authors the opportunity to monetize their work. All creative industry enthusiasts need is to join the digital ecosystem, create their own product, and put it up for auction. Thousands of creative people no longer need to rely on galleries or auction houses which involve paying margins. They can use the BTC ecosystem to publish a variety of files — musical works, paintings, collages, animations, etc. Furthermore, any artist can do this without intermediaries by sending the work as NFT directly to the art collector. Users can program licensing fees to earn money each time their product is sold to a new owner.” -Yahoo Finance
MetaNews is your number one resource for information on the Metaverse and the markets. We deliver the relevant news, every day. Don’t forget to check us out on Twitter! @metanews_com. Our staff of expert researchers and copywriters are dedicated to bringing you the latest, most relevant information from all over the Metaverse and its affiliated properties. From commerce and finance, to technology and interconnectivity, MetaNews produces well researched, accurately sourced articles on a daily basis.
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