Skip to main content

Trekkies Rejoice, Real World Shatner NFTs Now Available to Buy

Best known for playing Captain James T. Kirk in the iconic Star Trek franchise, William Shatner is selling signed and authenticated NFTs. In conjunction with Mattereum, Shatner is auctioning real-world asset non-fungible tokens (rwaNFTs) via the OpenSea marketplace.

Real World NFTs From Star Trek and Boston Legal up For Grabs

The word NFTs conjures up thoughts of digital artwork for most people. But, NFTs can encompass a variety of other use cases, including event tickets, identity documentation, and gaming items.

Off the back of several high-profile sales, most notably Beeple’s First 5000 Days, it’s the NFT art market that has garnered the most attention in recent times. However, despite bringing art to a whole new audience, some art purists say there’s no substitute for physical art.

But that argument becomes void when it comes to the tokenization of real-world assets. Shatner’s rwaNFTs represent memorabilia and props from his roles as Captain Kirk of Star Trek and Denny Crane from Boston Legal.

The rwaNFTs are blockchain tokens that give digital ownership of a physical good recorded on the Ethereum blockchain. Third Millennia are responsible for ensuring items meet the expectations of collectors. At the same time, Mattereum has handled the asset passports, vaulting, and insurance.

The holder of the rwaNFT can exchange the token for the physical item and have it shipped to them. It’s assumed the rwaNFT is burned once exchanged. Alternatively, they can choose to keep the NFT and trade it with others.

Shatner commented that this collaboration is a prime example of bridging the digital and physical world. He called this the future of consumer products, where blockchain technology assures authenticity for buyers.

I am thrilled that the first authenticated products from my new company, Third Millennia, are coming to auction. These figures, pieces and props represent a bold step into the future of consumer products where, using crypto technology, consumers can be assured of what they purchased. This is the future everybody.

Tokenization Will Revolutionize Capital Markets

In the case of Shatner NFTs, the primary benefit of tokenization comes down to the authentication of collectibles. However, asset tokenization has the potential to transform and modernize the entire global economy.

This is because many real-world assets are considered illiquid. Things such as land and gemstones are somewhat difficult to turn into cash at short notice.

But tokenizing physical assets unlocks their potential by providing a framework with which to trade these assets in a manner much more efficient than the current convention.

“Unlocking the capital market’s potential means enabling individuals to trade with any valuable asset, anywhere and anytime in a reliable and swift manner.”

The crypto economy is just beginning to inroads into the real world. It won’t be long before blockchain is an integral part of everyday life.

Ethereum daily chart. NFTs.

Source: ETHUSD on TradingView.com


from NewsBTC https://ift.tt/39sEnCU
via IFTTT

Comments

Popular posts from this blog

How to play and earn in CryptoKitties

CryptoKitties is a blockchain-based game where players can buy, sell and breed digital cats with unique attributes. Reminiscent of Tamagotchi and Pokémon, the wildly popular digital pets and creatures of the 1990s, CryptoKitties is a blockchain-based game where players can collect, trade and breed digital virtual cats. CryptoKitties was the first Ethereum-based game, and its popularity underscored many of the network’s scaling issues. This digital cat-breeding blockchain game caused quite a bit of congestion on the Ethereum blockchain, peaking in 2020. However, the game’s creators were able to address these issues. What is CryptoKitties? Launched in 2017, CryptoKitties was built by Dapper Labs, the company that uses blockchain technology to bring nonfungible tokens (NFTs) and new forms of digital engagement to fans around the world. CryptoKitties is also considered one of the world’s first-ever blockchain games. In the game, each one of the digital collectible cats possesses a

Bitcoin dominance falls under 40%

While Bitcoin critics claim this means that BTC is losing its first-mover competitive advantage, others are anticipating the “altcoin season” is just around the corner, or might even be already underway. Bitcoin’s market dominance has continued to fall, bottoming out below 40% this week. That’s very close to the all-time low of 36.7% in Jan 2018 according to data from Tradingview. Bitcoin ( BTC ) market dominance refers to the ratio between BTC’s market cap and the total crypto market cap. It's not the first time dominance has dipped in 2021. Back in May, Cointelegraph reported that BTC had dipped to represent just 40.3% of the combined crypto asset capitalization, according to Coinmarketcap, and it neared the same level again in September.  Bitcoin critic and Europac chairman Peter Schiff tweeted about the event on Dec 29th, saying that it’s indicative that BTC is “losing its first-mover competitive advantage.” With over 16,000 alternative cryptos to choose from Bitcoin

Five Bitcoin Price Charts Analyzing The Dramatic Q1 2022 Conclusion

There are only hours remaining until the Q1 2022 close in Bitcoin price action. With the important quarterly candle set to close tonight, let’s look at what technicals might say about the direction of the next quarter. Q1 2022 Comes To A Close For Bitcoin The first quarter of a year, often sets the tone for the year to come. In investments, a poor Q1 performance is indicative of a bad year ahead. Considering the fact that Bitcoin price is now above $45,000 after touching $32,000 this quarter, it is tough to say the performance has been “poor” by anything other than crypto standards. Related Reading | Bitcoin Weekly Momentum Flips Bullish For First Time In 2022 The cryptocurrency has recovered nearly 40% from the low, leaving a long wick behind. Such a long wick suggests that before the quarter came to a close, buyers stepped up in a major way. Buyers were able to step up in a larger capacity in Q1 2022 than bears were able to in the final quarter of last year. The bearish wick to cl