Seven-Time Superbowl Champ, Tom Brady, Is Launching an NFT Platform Called Autograph

Seven-Time Superbowl Champ, Tom Brady, Is Launching an NFT Platform Called Autograph

Seven-time Super Bowl champion Tom Brady is the latest one to join the non-fungible token (NFT) mania.

While NFTs are enjoying a boom helping artists make a fortune, Brady is no stranger to this. Recently, his rookie card sold for $2.25 million, the most expensive trading card in football history.

In the NFT realm, Brady is actually launching an NFT platform called Autograph, coming in Spring, which will also produce NFTs featuring the football quarterback.

The platform itself aims to bring together the biggest names from sports, fashion, entertainment, and other areas to create and launch NFTs and share “ground-breaking experiences to a community of fans and collectors,” said Dillon Rosenblatt, co-founder, and CEO of Autograph.

The platform is also planning to have interactive offerings like physical product drop, live auctions, and in-person experiences.

Brady, along with entrepreneur Richard Rosenblatt will serve as co-chairs of the platform, which has also assembled an advisory team with names like Apple SVP Eddy Cue, DraftKings co-founders Jason Robins and Paul Liberman, Lionsgate CEO Jon Feltheimer, Cameo CEO Steven Galanis, Spotify’s advertising business officer Dawn Ostroff, Warriors co-owner Peter Guber and DraftKings co-founder Matt Kalish among others.

McDonald France also showed interest in digital art this week and is putting its own NFT up for sale.

Amidst this, an offline exhibition for NFTs has been kicked off in Beijing, the world’s first offline exhibition for virtual crypto-art. It may be slow, but NFTs are gaining traction in China as well.

Sun Bohan, the CEO of a Chinese crypto art center, told the local publication that 2021 would be a breakthrough year for NFTs, especially in the US and Europe. NFT’s biggest innovation, according to him, is in optimizing art trading as it bypasses intermediaries.

Meanwhile, Wang Qinwen, the producer of “Virtual Niche,” attributes the NFT market boom to the COIVD-19 pandemic, as it has pushed everything online. While it will cool down after it peaks, she believes it underlines the expansion of blockchain technology.

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Author: AnTy

Jack Dorsey’s Square Crypto Is Building a ‘Super Unicorn’ Bitcoin Designer Community

Instead of hiring a unicorn designer, Square Crypto is now helping foster a “super unicorn” Bitcoin design community.

After all, according to the team, “Great design is essential to the adoption of new technologies.”

Fifteen months after Square Crypto first came into existence, the company will kickstart a new community of bitcoin designers. They will now offer grants to designers as well, which will last six months. Their existing grant program already gives developers the resources to focus exclusively on Bitcoin.

According to Square Crypto, the designer community of bitcoin is a growing one but also disconnected and underfunded.

Back in May 2019 at the time when Twitter founder and CEO Jack Dorsey first announced that Square is hiring crypto engineers and a designer, he had emphasized that the crypto ecosystem is an “underfunded area.”

“Great design will help more people access this technology faster and better. And we want to see more work to educate,” he said.

As such, instead of hiring one full-time designer, they are building a decentralized Bitcoin design community that won’t be run by Square’s crypto division. The official announcement reads,

“We expect this community to consist of freelance designers, designers who work full-time at bitcoin companies, and designers who are curious about bitcoin but not sure where to apply their skills.”

To participate, or join the Bitcoin Design Slack workspace to engage in discussions with fellow designers, contribute to a bitcoin design guide — with a focus on best practices for user onboarding, payments, private key management, and other areas where bitcoin’s UX currently lacks.

Here, designers also provide feedback on others’ work and contribute user experience research to open-source projects such as Bitcoin Core, BTCPay Server, and Bisq.

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Author: AnTy

Rakuten’s Super Points Can Now Become Crypto Assets with Wallet Launch

  • Diamond members have a higher limit on how many Rakuten Super Points they can convert for each transaction and for each month.
  • The only points that users can convert are Rakuten Super Points, and partner service company points are not eligible.

Rakuten is getting involved in the cryptocurrency world with their own loyalty points. A press release from Rakuten directly states that the new services launched through their wallet will allow users to transfer their Super Points into a selection of cryptocurrencies. The app for Rakuten Wallet allows consumers to participate in spot trading.

In Japan, users with a Rakuten Wallet and Super Points have the ability to trade for Bitcoin, Ethereum, and Bitcoin Cash, as long as they have at least 100 Rakuten Super Points. Every Super Point is worth one yen during crypto conversion, and the transaction will be recorded in the smartphone app.

Ultimately, the creators of the Rakuten Wallet aim to reduce the difficulty that some consumers face with entering the crypto space, allowing even novice users to get involve with trading. The new service allows customers to also use the Rakuten Super Points for a broader use cases, which makes their loyalty membership program more appealing to consumers.

With the new service, the only points eligible are from Rakuten directly, not their partner service companies. The user can only exchange for amounts over 100 Super Points, though the company has certain restrictions on how many points can be exchanged each month and for each transaction, depending on the current membership.

Diamond members can convert up to 50,000 Rakuten Super Points at once, with a limit of 500,000 Rakuten Super Points per month. Other members have a maximum of 30,000 Rakuten Super Points for each transaction, and a limit of 100,000 Rakuten Super Points per month.

The service will be available starting today.

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Author: Krystle M