Ellen Britt

29 Posts
How Can You Be Sure NFTs Are Here To Stay?

How Can You Be Sure NFTs Are Here To Stay?

Ellen Britt for CNT #NFT If you are like many people, you may be wondering if NFTs are just a passing fad, flash-in-the-pan kind of thing, or are they really here to stay? We can get some clues by observing what big corporations are doing! It’s one thing for your average Joe or Jane to hop into the NFT game, but when big players such as Coca-Cola, Walmart, Mercedes-Benz, Crocs, and even the NFL are getting in on the action, it’s time to at least start paying attention. Insiders Are Talking! But now, it’s being reported that insiders at the Financial…
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The First NFT Museum

The First NFT Museum

Ellen Britt for CNT #NFT Although NFTs are swarming all over the art world, there are no museums or other physical institutions devoted exclusively to this art form. Until now, that is! The opening of the Seattle NFT Museum this month changed all that, opening space to champion NFT digital artists. The Museum was founded by two tech executives, Jennifer Wong and Peter Hamilton, a husband and wife duo, who admit they are novices when it comes to NFTs but they are ready to learn. To Go Where No NFT Has Gone Before! Their aim is to enable the exploration of…
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Mercedes-Benz Rolls Into The Luxury NFT Market

Mercedes-Benz Rolls Into The Luxury NFT Market

Ellen Britt for CNT #NFT From Walmart to Coca-Cola to the NFL Superbowl, companies representing consumers from all walks of life are getting into the NFT marketplace. The latest company to throw its hat into the ring, or in this case, its premium G Class SUV series is Mercedes-Benz. These vehicles, clearly aimed at the luxury market, have a suggested starting MRSP of $133,250. Mercedes-Benz is collaborating with five international NFT artists who have created G Class-inspired artwork using different mediums, ensuring the diversity and originality of each of the pieces. Time-Limited Auction...With A Twist At 6 p.m. EST on January 23rd, the NFTs will…
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The Superbowl Of NFTs

The Superbowl Of NFTs

Ellen Britt for CNT #NFT Got plans to attend the February 13th Superbowl title game in Los Angeles? If so, you’re in luck because the NFL will also be offering all ticketed attendees an NFT, customized with your SoFi Stadium seat number! So far, the NFL offerings will be collectibles only but rumor has it that league executives are seriously considering adding fan access and possibly experiences to NFT offerings in the future.  The NFL is big business, and you can be sure that executives are not going to allow themselves to get sacked by missing out on this opportunity. This coming Superbowl will be…
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Walmart Gets In The NFT Game

Walmart Gets In The NFT Game

Ellen Britt for CNT #NFT First, it was Coca-Cola, then Crocs. Don’t look now, but mega big-box retailer Walmart is about to jump into the NFT game! A Hint At Walmart's Plans Walmart’s management has not announced its plans, but according to filings with the USPTO (United States Patent and Trademark Office), the retail giant has big plans.  Not only are they going to create their own cryptocurrency (Walcoin?!) as well as meet customers in the metaverse, Walmart is apparently also going to be releasing a series of NFTs.   A Big Box Move This move will allow Walmart to tokenize physical goods as well as create potential…
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Watch Out! Crocs Are Coming With NFTs

Watch Out! Crocs Are Coming With NFTs

Ellen Britt for CNT #NFT We recently told you about how the iconic brand Coca-Cola cashed in with an open NFT auction that raised an eye-popping $575,883.61. Now the ever-popular Crocs brand appears to be getting poised to take action in the NFT space. Now the Crocs company has not made an announcement, at least not yet, but they signaled their intentions on January 11th by filing a USPTO (United States Patent and Trademark Office) application reserving non-fungible tokens of Crocs “footwear, clothing, bags, accessories, and charms for decorating” according to the filing, which is public. Move over, Coca-Cola! But they went…
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NFTs And Coca-Cola – It’s The Real Thing!

NFTs And Coca-Cola – It’s The Real Thing!

Ellen Britt for CNT #NFT Seems like everyone is getting into the NFT space these days, and it’s not just hearsay. Earlier this year, soft drink giant Coca-Cola auctioned off a collection of four NFTs uniquely packaged to attract buyers.  So how did Coca-cola structure its NFTs? For International Friendship Day on July 30th, Coco-Cola offered four distinctive multisensory NFTs, auctioned as one lot: One - A custom-designed futuristic Coca-Cola Bubble Jacket, which includes an unlockable version that can be “worn” in a 3D virtual reality metaverse Two - The Friendship Box is a reimagining of the vintage Coco-Cola cooler as a loot box. Three - The…
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NFT Glossary Deep Dive:  Drop

NFT Glossary Deep Dive: Drop

Ellen Britt for CNT #NFT You’ve probably heard the word “drop” used when a musical artist is about to release a new song. Or a new, limited edition of the latest big-name sneakers are about to hit the market. That’s a drop too. Well, the same thing applies in the NFT world, when a new NFT is about to be released to the public. Only this time, the drop is digital. Most NFT drops don’t just come out of the blue but are announced in advance so that as many people as possible will have a fair share at nabbing them. But there are many…
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NFT Glossary Deep Dive: Fractional NFT

NFT Glossary Deep Dive: Fractional NFT

Ellen Britt for CNT #NFTAs you might guess, a fractional NFT means that NFT is owned by a group of people, instead of an individual.  So what is the purpose behind this? Why would you want to own a fraction of an NFT? Fractionalization Democratizes NFT Ownership One of the reasons fractionalization, as it is called, is so attractive to some buyers, is that they can own a piece of a very valuable NFT for a low price.  Also, because so many people are participating in these transactions, fractionalization increases the liquidity of these high-value NFTs. That's A Glossary Wrap This closes out our NFT Glossary series.…
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NFT Glossary Deep Dive: Open Edition

NFT Glossary Deep Dive: Open Edition

Ellen Britt for CNT #NFT One of the things about many NFT collections that adds to their value is that they are limited in terms of the number that can be minted. But sometimes NFTs may be marked as an Open Edition, where the creator of the NFT does not limit the quantity.  At first glance, you would think this would bring automatically bring down the value of the NFT, but many NFT creators who choose to go with an Open Edition model will place other restrictions on the NFT. For example, a particular NFT collection may have a limited time…
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