NFT

Expert Tech Panel Ponders The Future Of NFTs

Expert Tech Panel Ponders The Future Of NFTs

Ellen Britt for CNT #NFTWe have already pointed out that NFTs are headed more and more toward utility and away from fuzzy jpegs of bored apes, so let’s take a look at what an expert tech panel has to say.NFT art is not going away, but we will see an increasing trend toward adding utility to the use of NFTs, even with artwork. Plus, the use of NFTs as pure utilities will also expand.We have been seeing the prices for  NFTs that represent digital art continue to decline after the oxygen depriving heights of last year. But a recent tech panel believes…
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Get Set For An NFT Scavenger Hunt

Get Set For An NFT Scavenger Hunt

Ellen Britt for CNT #NFT Netflix is bringing back its popular series Love, Death + Robots for a third go round, only this time with an NFT twist! Information on the show’s website reveals that the NFT scavenger hunt was created in conjunction with Web3 studio Feature. The hidden prizes include nine QR-coded pieces of digital art embedded in various media including videos, billboards and in actual episodes of the sci-fi series.  Minted Via Ethereum Like the majority of NFTs, the Love, Death + Robots NFTs are minted on the Ethereum blockchain, with the starting price of each on OpenSea about…
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Largest Virtual Real Estate Purchase To Be Finalized

Largest Virtual Real Estate Purchase To Be Finalized

Ellen Britt for CNT #NFTIf you thought interest in virtual real estate was beginning to decline, think again because Curzio Research is making one of the largest real estate purchases ever made for virtual property.Curzio Research, Inc. is a financial publishing company that specializes in investment research and analysis. The company, according to a report by Brave New Coin, is going to build its headquarters in TCG World, a metaverse platform. Staking Their ClaimIt makes sense that they have staked a claim to land in the Asia region of the platform, and the company plans to use its headquarters as a venue…
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Reserve A Hotel Or Resort Room By Buying An NFT

Reserve A Hotel Or Resort Room By Buying An NFT

Ellen Britt for CNT #NFTHere at City News and Talk we have been pointing out for a while that NFTs are beginning to move more and more toward utility. Hotel and resort reservations are just one example of that trend.Make no mistake, NFT art is not going anywhere. But uses that demonstrate the utility behind NFT technology are getting more and more press. According to the Wall Street Journal, hotel guests can reserve a room at a discount by purchasing an NFT through a third party service such as Pinktada, which recently introduced a booking system that includes hotels in the…
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NFTs And Events – Two Main Benefits

NFTs And Events – Two Main Benefits

Ellen Britt for CNT #NFTSo. Gary V recently successfully pulled off a huge event and incorporated NFTs. How might this technology apply to a conference or other event you are planning for your business?NFTs can, of course, be used in conjunction with events to generate a revenue stream. But they also have another use, and that is to build connection. Have you ever bought a piece of memorabilia related to an event, such as a concert t-shirt? It’s very likely. Well, these pieces of memorabilia could be tied to an NFT so you, as the owner, are verified on the blockchain.AuthenticityAn…
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Precision Medicine And NFTs

Precision Medicine And NFTs

Ellen Britt for CNT #NFTWe already mentioned that NFT blockchain technology will likely be widely used to enhance the security and privacy of an individual’s medical records. But another medical use is on the horizon…precision medicine.So precisely (no pun intended!) what is precision medicine?Before we get to that, it’s important to understand that tokenization in a different way from NFTs is becoming more common as a way to protect patients personal data. A tokenization company, such as Seqster, founded in 2016, can take information from personal data fields such as name, address, phone number, date of birth and so forth and…
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Gary V And NFTs – His Strategy

Gary V And NFTs – His Strategy

Ellen Britt for CNT #NFT Gary Vaynerchuk, aka Gary V, is known for always being ahead when it comes to digital marketing. He’s done it again with his in person VeeCon NFT Conference. The Big V spoke with Decrypt before his conference got underway in Minneapolis this past weekend. If you were able to snag a ticket, that’s because you were already an owner of VeeFriends, which is the hand-drawn NFT collection Gary launched a year ago.  $300 Million In Combined Sales Ownership comes with 3 years of access to a yearly conference plus other goodies. So far, it’s doing awesome,…
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Wine NFTs – Will These Age Well Or Go Sour?

Wine NFTs – Will These Age Well Or Go Sour?

Ellen Britt for CNT #NFTAccording to a new article by investment advisors, The Motley Fool, wine NFTs are now a thing! But are they a good investment or simply a marketing gimmick?First of all, what is a wine NFT? If you recall, NFT stands for non-fungible tokens, which is a certificate of your digital ownership and this resides on the blockchain. While some of these new wine NFTs are definitely making a marketing play, others are a bit more serious.Sage AdviceThe folks at Motley Fool give the same advice to their clients about wine NFTs as they do to other NFTs:…
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The Metaverse As A Whole New Economy

The Metaverse As A Whole New Economy

Ellen Britt for CNT #NFTAccording to a new article in Forbes, the metaverse is not just a gaming space, unlike what some people think. You should think of it as a whole new economy.Plus, this new economy is not only reserved for tech companies. As we have already reported in a previous article, major food chains as well as retailers are envisioning a space for shopping, attending concerts, working, playing games and meeting friends. In other words, it’s your virtual life!The Wild, Wild WestIt’s the wild, wild West out there as well, as there is no crystal clear vision and plan…
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The Soldier’s Metaverse – U.S. Military Coming Online

The Soldier’s Metaverse – U.S. Military Coming Online

Ellen Britt for CNT #NFTAccording to a new report out from Wired magazine, the U.S. military is building it’s own metaverse. But this version is unlikely to look like any of the metaverse platforms we have seen so far.Picture this: In the skies above the California desert, pilots flying two Berkut 540 jets slipped on custom AR headsets. Next they connected to a sophisticated system that overlaid a semi-transparent image of a refueling plane that flew alongside their aircraft. One of the pilots practiced a refueling maneuver with the virtual aircraft as the other pilot observed. The metaverse of the military…
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