Binance Dives into NFT Ticketing

In an attempt to reinvigorate the ticketing scene, Binance has teamed up with Società Sportiva Lazio. This fresh partnership will bring NFT tickets to all of the sports club’s home matches for the 2022-2023 season. Say goodbye to fake tickets and scalpers! NFT tickets promise extra perks, like discounts at the merchandise store and tokens! Who doesn’t love a good discount on their matchday hotdog?

KuCoin’s NFT ETF Debut

Moving to a different corner of the crypto universe, KuCoin has launched an ETF dedicated to NFTs, prominently featuring the coveted Bored Ape Yacht Club (BAYC) collection. With an umbrella of tokens being traded under the symbol hiBAYC, this ETF isn’t just another financial product; it’s a passport into the world of digital collectibles. According to KuCoin, there’s also an ETF star for CryptoPunks emerging under hiPUNKS. Sounds like a party we want to crash!

AI Meets BAYC: Artsy Monke

In an unexpected twist, a project named Artsy Monke has turned all 10,000 BAYC NFTs into machine-generated art. Using AI—because who needs humans anyway?—the system painted various forms of abstract art inspired by the BAYC collection. They even sold out on OpenSea! The process raised eyebrows, though, as some pondered if an AI could truly capture the spirit of a bored ape.

NFT Minting Madness: A $2.7B Spending Spree

So, how deep is the pocket of the NFT community? According to research by Nansen, these digital art enthusiasts spent approximately $2.7 billion minting NFTs across the Ethereum network within the first half of 2022. With nearly a million unique wallet addresses involved, the spending map reveals an undeniable trend. For those keeping score, this dwarfs minting amounts from the BNB Chain and Avalanche combined!

Muse Makes History: The NFT Album

Rock band Muse is poised to alter the musical charts with their upcoming NFT album, Will of the People. This album will be the first new format to hit music charts since 2015. Thanks to the Web3 marketplace Serenade, the album promises to revamp music royalties and ownership processes. Tiny record labels everywhere are likely shaking in their boots!

Weekly Nifty News Highlights

And in this week’s Nifty round-up: Dr DisRespect revealed snippets of his anticipated NFT game, Deadrop, receiving mixed reviews from fans still in disbelief. Meanwhile, an impressive NFT from FC Barcelona sold for a staggering $693,000—an audio-visual piece depicting Johan Cruyff’s iconic goal against Atletico Madrid back in 1973.

Thanks for sticking around for this week’s NFT highlights. Don’t forget to check in next Wednesday for more gossip and surprises in this rapidly changing digital landscape!