American rock band Kings of Leon is the latest music project to jump on the bandwagon on the non-fungible token, or NFT, industry. After a four-year break, including a delay caused by the COVID-19 pandemic, the Nashville family band is back with something more than just their eighth music album. On Friday, Kings of Leon will release its new album, When You See Yourself, in the form of an NFT token, dropping three types of tokens as part of a series called “NFT Yourself,” the project told Rolling Stone. The album itself will be released on traditional platforms like Spotify …
On Thursday, Frax Finance, a developer of algorithmic stablecoins, announced it would launch the Frax Price Index, or FPI, on the Partisia blockchain. The benchmark would have its stablecoin pegged to it and serve as a competitor to the standard Consumer Price Index, or CPI. Although the latter is a near-universally adopted inflation gauge, skeptics have claimed that its methodology does not account for items such as housing prices, college tuition, healthcare, etc. All of which have risen significantly in the past decade in the United States. Brian Gallagher, co-Founder at Partisia Blockchain, elaborated on the development: Together with Partisia …
Described by many users and outsiders as the Wild West, Web3 is open-source and decentralized, and it has been prompting many to look for ways to profit from its features, especially with the growing Metaverse. While some companies and investors are sorting out where to place their best bets, popular rapper and nonfungible token collector Snoop Dogg seems to have found his rhythm and is beating many to the market. The cannabis and NFT connoisseur announced he had joined the digitally native lifestyle and gaming platform FaZe Clan on March 7, with the intention of strengthening the cultural connection between …
The festival and clubbing scene is a vibrant and constantly evolving industry, with new trends and experiences popping up every year. From electronic dance music festivals to underground clubs, there’s something for everyone in the party scene. It’s an industry that brings people together, and it’s also a significant contributor to the economy. As the scene continues to grow and adapt, new technologies and innovations are being introduced to enhance the overall experience. One such innovation is the integration of cryptocurrency into the nightlife scene, specifically KlubCoin, which promises to bring a new level of excitement and innovation to the …
The revolution will not be televised — it will be minted. Earlier this year, we saw the meteoric rise (and fall) of nonfungible tokens, or NFTs, in mainstream media and popular culture. We all heard about them, but was the hype real? Top businessmen and media moguls, such as Mark Cuban and Gary Vee, still strongly advocate NFT use and the role smart contracts will play in the near future, while each week new NFT exchanges and drops continue to roll out. Jay-Z’s Twitter profile picture is an NFT CryptoPunk. With or without the buzz, one of the most powerful …