This week’s newsletter features exciting news in the world of nonfungible tokens (NFTs). SuperRare, a popular NFT marketplace, is expanding into Bitcoin Ordinals, while renowned American rapper Ghostface Killah is releasing exclusive music on Bitcoin. Additionally, Indian Railways is celebrating a festival by offering NFT train tickets, and Starbucks is winding down its NFT rewards program.
Starbucks recently announced that its NFT rewards program, called the “Odyssey Beta program,” will be discontinued on March 31. This program allowed customers to collect NFT stamps by playing coffee-related games. However, Starbucks will be launching new initiatives, and the Odyssey marketplace, where users can trade digital stamps, will transition into a Nifty Marketplace, allowing users to continue buying and selling stamps.
In an exciting move, Ghostface Killah, a member of the famous hip hop group Wu-Tang Clan, will be releasing music exclusively on Bitcoin Ordinals. This collection will have a limited supply of 10,000 and will be available for free. Holders of these NFTs will have Creative Commons Zero rights to the music, granting them the freedom to build upon the work as they desire.
Indian Railways is embracing NFT technology to enhance the travel experience during the Hindu festival of Holi. Passengers traveling to Delhi between March 20 and April 2 on two newly launched trains will receive NFT tickets. These personalized digital collectibles can be verified through the blockchain, offering not only a digital souvenir but also a celebration of Indian culture.
SuperRare, a prominent NFT marketplace, has partnered with the art platform Gamma to expand into the Bitcoin Ordinals space. Previously limited to Ethereum transactions, SuperRare will now support multiple blockchains. This move comes in response to the growing interest in Bitcoin Ordinals among their artist community. To mark this expansion, SuperRare collaborated with artist Killer Acid to launch a collection of Bitcoin-based NFTs.
Thank you for reading this summary of the latest developments in the NFT space. Join us again next Wednesday for more reports and insights into this dynamic and rapidly evolving field.