Sat - 8 July

8 July 23, 09 AM

Headlines for today: •Coca-Cola Serbia Partners With SolSea • NFTs For Land Ownership?• Dior Meets Ethereum • Are Collectors Bored of Apes?

🏞️ NFTs For Land Ownership?: Airchains, the Web3 wizards from India, are teaming up with the New Town Kolkata Development Authority (NKDA) to revolutionize land mutation in West Bengal! They're releasing 500,000 non-fungible tokens (NFTs) on Polygon's Supernets to digitize land ownership. Say goodbye to traditional bureaucracy and hello to a smarter future! These NFTs will enable landowners to transfer ownership rights and digitize their records, all on a custodial wallet managed by the government. Plus, they're taking it up a notch with fractional property ownership opportunities. And guess what? You can access your NFTs through snazzy QR codes! Get ready, because this groundbreaking project goes live in just two weeks. Additionally, blockchain can enable fractional property ownership, opening up new mutation opportunities.

👜 Dior Meets Ethereum: Dior, the fashion powerhouse, is taking a stylish step into the world of blockchain! Their brand new B33 sneakers from the Men's Fall 2023 collection are not your ordinary kicks. These sneakers are not just fashionable; they come with a touch of digital magic. What's the secret? Each pair of B33 sneakers is linked to a one-of-a-kind "digital twin" minted as an NFT on the Ethereum blockchain. This means you get an exclusive digital counterpart that proves the authenticity of your trendy footwear. Dior is offering a limited run of only 470 pairs. Each pair will have a price tag of $1,350, making them a coveted collector's item. Six additional styles of the B33 sneakers will be unleashed, featuring a special NFC chip hidden under the sole of the right foot. This little chip will grant lucky owners access to a personalized online platform. Think digital certificates of authenticity and exclusive services tailored just for you. It's a world of luxury at your fingertips! Dior is bringing together fashion, technology, and exclusivity in one stylish package!

🥤 Coca-Cola Serbia Partners With SolSea: SolSea, the Solana-based NFT platform, has teamed up with none other than Coca-Cola Srbija, the Serbian division of the iconic Coca-Cola brand. Together with Coca-Cola Serbia and in collaboration with EXIT Festival, a renowned summer music festival in Novi Sad, Serbia, SolSea is bringing a unique offering to the table. They will be offering exclusive Coca-Cola Serbia-branded NFTs, along with some fabulous festival merchandise. One of the highlights of this partnership is the "Magic Mirror" festival installation. Attendees will have the chance to dress up in random merchandise, and their outfits will be displayed in real-time 3D. To capture the moment, attendees can simply scan a QR code with their mobile devices and snap a picture using the Magic Mirror. It's a whole new level of interactive fun! SolSea and Coca-Cola Serbia are also offering 100 exclusive hoodies paired with NFTs to VIPs.

Golden Furr BAYC NFT

🐒 Are Collectors Bored of Apes: This week, the Bored Ape Yacht Club (BAYC) NFT collection saw its floor price reach its lowest point in nearly two years, sparking discussions about its value. However, experts emphasize that floor price is just one aspect to consider when evaluating NFTs. Royalty payouts for NFTs have also seen a decline as creators, platforms, and collectors grapple with differing opinions on the matter. While some may question whether BAYC is on the decline, the drop in floor price actually opens up opportunities for newcomers to join the community. NFT valuation is influenced by various factors, including rarity traits and cultural significance. Remarkably, Apes with rare traits like gold fur still command high values, with some priced above 300 ETH (approximately $556,000). The significant decline in BAYC's value reflects its previous focus on an exclusive community and aggressive marketing during the bullish market. As the market has cooled down, some collectors have opted for cash, prompting the project to justify its cultural worth.