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NFT Weekly Highlights (Aug 1st-Aug 5th)

Binance NFT
2022-08-05 07:27

News Roundup

Binance Pilots NFT Ticketing with S.S. Lazio in Upcoming Season - Binance will pilot a new NFT ticketing solution with Italian football team S.S. Lazio for the upcoming 2022/23 season.
Lazio fans using Binance will be able to claim digital tickets that will give them access to exclusive benefits, fan privileges, and more.
Soulbound Tokens to Pave the way for Decentralized Society on BNB Chain - Binance is set to issue ‘Binance Account Bound (BAB), the first-ever Soulbound Token (SBT) built on BNB Smart Chain. Soulbound tokens are non-transferable tokens that can only be revoked or canceled by the user in question, as it is a unique token that can only be minted upon completion of KYC.
Jewelry Brand Tiffany and Co. Unveils $50K CryptoPunk Necklaces - Exclusive to CryptoPunks holders, NFTiff transforms your NFT into a bespoke pendant handcrafted by Tiffany & Co. artisans. You’ll also receive an additional NFT version of the pendant.
CryptoPunks’ Floor Price Surges 10% Following Tiffany and Co. Collaboration News - The spike in interest is likely due to the recent partnership between high-end jewelry brand Tiffany and Co. and blockchain startup Chain, which will give Punk owners a chance to purchase up to three diamond-encrusted necklaces for 30 ETH (around $50,000) each on Aug. 5.
Singaporean Authorities To Hold Court Cases And Marriages In Metaverse - With the increasing progress in the metaverse, a Singaporean government ministry proposes handling disputes in the virtual space. Issues like court cases, marriage proceedings, and even government services could take place on metaverse.
Socios Owner Invests $100M in FC Barcelona's Web3 Efforts - Socios Owner has invested $100 million in FC Barcelona's non-fungible tokens (NFTs) and metaverse efforts.
Otherdeed NFT Collection Becomes Quickest to Surpass $1 Billion in All-Time Sales - Otherdeed has become one of the must-have digital collections since launching on April 30, reaching a total sales volume of around $1.01 billion.

Highlights From This Week

Minting fees have been reduced to ensure that everyone gets a chance to create their NFT collection with us!

Read Our Latest Blog Posts

All You Need to Know About NFT Smart Contracts - Learn what makes NFT smart contracts ‘smart’, how they work, what properties they have, as well as present and potential use cases of smart contracts.
How Can Blockchain and NFTs Decentralize Your Digital Identity on Web3?- NFTs can be much more than art and gaming assets! Decentralized Digital Identities can be a game changer when it comes to personal data storing. This article aims to explore more in detail about how Decentralized Digital Identities work and how it can help us move toward a more Decentralized society.
How Are NFTs Impacting the Sports Industry?- NFTs offer new ways for fans to support their favorite teams and interact with them. They are a tool for sports organizations to enhance the fan experience, by helping athletes and clubs to get closer to their fans and unlocking new sources of revenue, while also allowing loyal fans to get involved in decision-making. This article is an exploratory piece aiming to introduce you to the application of NFTs in the sports industry.
Risk Warning: The value of your NFT can go down or up. NFTs are subject to high market risk. Binance is not responsible for verifying the identity, legitimacy or authenticity of any NFT. NFTs are not regulated in most countries, however please ensure you are permitted to access our Binance NFT Marketplace based on your circumstances. For further details, see the Binance NFT Terms and Conditions, our Terms of Use and Risk Warning.
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