FTX’s Latest Sports Sponsorship
The University of Kentucky has entered into a sponsorship agreement with FTX.US for the Wildcats men’s basketball team to serve as brand ambassadors.
Players will receive a monthly salary in FTX.US dollars paid with FTX debit cards and will also be able to create their own NFTs on the FTX NFT platform and retain a portion of the revenue.
A recent decision by the National Collegiate Athletics Association (NCAA) to allow athletes to monetize their forms and names made the NFT deal possible.
It’s the latest in a series of partnerships between FTX and American sports brands including the NBA’s Miami Heat and MLB.
Activist fights force with NFTs
New York artist and activist Drue Kataoka has announced an NFT auction of her NFT audiovisual work with all proceeds to be donated to civil rights activist groups The King Center and stopaapihate.org.
Partnered with Lucasfilm’s ILMxLAB, “Will Your Heart Pass the Test” is a multimedia NFT that features symbols from the Egyptian Book of the Dead and takes inspiration from the myth in which a person’s heart is weighed against a feather to see if a soul is ready to move to the afterlife. Each frame took 20 minutes to render, resulting in a total of 23 days to render the entire NFT.
5 Influential Women Collaborate To Bring Spirit To #NFTs And fight racism
– Drew Kataoka (@DrueKataoka) November 3, 2021
According to the official announcement, the NFT was released in response to “missed opportunities to confront a debilitated and suffering world reeling from the social ills of racism and sexism” online and within the NFT ecosystem. Kataoka is an artist-technologist-activist who serves some of the world’s top art collectors in 30 different countries.
The auction will be run by Philips Traditional Auctions, which begins on December 8 and ends on December 15.
WeMeta closes its first $1.1 million funding round
WeMeta announced on the NFT land market that it has raised $1.1 million in its first funding round with the support of seven strategic partners and six angel investors.
All for the Metaverse! We are excited to announce the closing of our first funding round: https://t.co/NgzkFk1tne
– WeMeta (@WeMetaTweets) November 3, 2021
WeMeta will use the investment to continue building its multi-chain NFT land market which provides transparent pricing for the Metaverse land in The Sandbox, Decentraland, Cryptovoxels and Somnium Space.
Participants in this funding round included Delphi Digital, Davey Alliance, Cryptocurrency Group, Galaxy Interactive, Hashed, Sky Vision Capital and Trip Capital with Angel Backed Andy Corlean (fractional), Darren Lau (The Daily Abbey), John Fiorelli (Kinetic), and Navi. Singh (Intler).
Tom Shaughnessy of Delphi Digital commented:
“WeMeta is in a position to become the dominant digital real estate aggregator and analytics platform on the Metaverse.”
NFT Zed Run Horse Racing with Netflix
Digital horse racing and breeding platform Zed Run has announced a partnership with the newly released Netflix movie The hardest they fell on Netflix, which was created in collaboration with Virtually Human Studio (VHS).
Zed Run gives users the ability to buy, sell, breed and race digital horse racing NFTs online. Users can also bet on the results of the races, which they can watch in real time via live broadcasts on Zed Run or on Twitch.
Related: Asia Pacific leads the world in NFT searches on Google
The hardest they fell It is a new kind of westerns about outlaw gangs in gun slings and horseback riding. The film shows scenes at the Redwood City Classic Race. It’s a story of revenge with some twists and turns along the way starring Idris Elba, Regina King, Damon Wayans Jr.
The partnership will bring “The Redwood City Classic” to Zed Run. This new event will see the top 12 horses of the NFT Racing at Zed Run compete against each other in a high-stakes singles race on November 14.
Other NFT News
Popular NFT Metaverse The Sandbox announced on November 2 that it has completed a $93 million Series B funding round led by SoftBank Vision Fund 2. The money will be used to improve scalability by adding new games and experiences to the ecosystem.
Crypto.com has launched its own UFC NFT chain. This NFT is the first to be approved by the UFC. The series will feature collectible moments from fight nights, event posters, championship belts, and fighter avatars.