Following its initial venture into the nonfungible token space with the Adidas For Prada resource project in partnership Zach Lieberman, SuperRare and SuperRare, the iconic fashion brand Prada now has its first NFT collection.
An online event hosted on the first Thursday of every month, Prada Timecapsule has, since December 2019, opened up exclusive access to clothing items on its website for 24 hours. Drop #30 in this series will be coupled with an NFT.
According to Prada, the asset’s design will be “decorated with Cassius Hirst’s signature mask and brain scan designs, both symbolizing unity and togetherness.”
From June 2nd #PradaTimecapsule customers will have the chance to become the first owners of Prada NFT by purchasing a Timecapsule product which also sees #NFT gifted. #Prada also launches #PradaCrypted the brand’s new community server on Discord. https://t.co/0ZZMaeKL1B pic.twitter.com/WofZryJp2K
— PRADA (@Prada) May 30, 2022
Some NFT members have criticised Prada’s NFT efforts, suggesting that Adidas for Prada has had a low utility value ever since its release. The asset is currently trading on OpenSea for 0. 08 Ether (ETH) and has 2,700 owners.
Eurovision winner Kalush Orchestra raises $900,000 for Ukraine
After the Ukrainian hip-hop group Kalush Orchestra won the hearts of the world in the 66th Eurovision Song Contest in Turin, Italy last month, the band decided to auction off their vibrant pink hat and glass microphone trophy awarded from the global ceremony to raise funds to help out amid the Ukrainian conflict.
An NFT depiction of the microphone will be presented to the highest bidder, which turned out to be European cryptocurrency exchange WhiteBIT, with a highly generous entry of 50 ETH, equivalent to $900,000.
We have no words, but we have 900 000$ for support of Ukraine! Auction is closed, crystal trophy of the Eurovision 2022 go to @whitebit. Congratulations!
— Meta History: Museum of War (@Meta_History_UA) May 29, 2022
All funds from the fiat auctions and NFT auctions, will be donated the Serhiy Prytula Foundation. It is headed by Serhiy Prytula, a Ukrainian actor and TV presenter.
” You guys are incredible. We appreciate each and every one of you who donated to this auction and a special thanks to the team WhiteBit who purchased the trophy for $900,000 and are now the rightful owners of our trophy,” said the band on Facebook.
P2E adoption soaring across India and Hong Kong
In a recent report released by market research firm Finder on the geographical proportion of NFT gamers, India and Hong Kong are respectively identified as the leading countries out of 26 surveyed for their interaction with play-to-earn games.
Axie infinity, Decentraland, and more recently, Solana’s StepN have all permeated cultural landscapes in developing countries to offer gamers a new, interconnected medium of gaming.
With 28.7% of the survey’s total respondents disclosing their previous experience with NFT games, the Indian and Hong Kong representation surpassed the average, with 33.8% and 28.7%, respectively, while the United States came in at 9.4%.
A little more nifty…
Leading NFT fashion brand RTFKT Studios announced the winners of its metaverse pod challenge this week after narrowing down a top 10 list from thousands of submissions. Viewers were able to see the future of metaverse universes through avant-garde landscapes as well as immersive architectural designs. Each loot pod that was selected will be available on the creator marketplace by the end of this year.
POD CHALLENGE WINNERS
We want to thank all of you for being part of this unique experience. We were overwhelmed by the submissions and found it difficult to choose five winners.
Watch the jury video going through the winner’s selection https://t.co/Y3eEos9JFe
— RTFKT (@RTFKT) May 31, 2022