🥤 Starbucks Korea promotes sustainable sipping using Polygon NFT Consumers are encouraged to bring their own cups in exchange for a reward. On X, formerly Twitter, Polygon Labs, and Sandeep Nailwal have both confirmed the development. Starbucks Korea has confirmed that patrons can earn eco-stamps with each use of a personal cup. The accumulated eco-stamps will be deposited into the user’s Starbucks application wallet, which will be accessible for redemption when purchasing a Non-Fungible Token (NFT). NFTs have been categorized as Basic, Creative, and Artist, among others. Every customer can own only one NFT, which is bought based on how many stamps they have accumulated and redeemed. More details on the process will be made public tentatively in January. The Starbucks application wallet is scheduled to go live next month. A new Tumbler coupon policy will back it.
◽ ️◼️ OKX NFT marketplace volume surpasses Blur, OpenSea amid Bitcoin Ordinals frenzy OKX’s non-fungible token trading platform surpassed Blur and OpenSea in daily trading volume as NFT enthusiasts appear to continue trading Bitcoin Ordinals NFTs. OKX NFT Marketplace recorded a 24-hour trading volume of $50.33 million as of 2 p.m. Hong Kong time — making it the largest NFT marketplace by daily trading volume, according to data from DappRadar. Blur came in second with a daily trading volume of $13.21 million, followed by Magic Eden’s $7.63 million, UniSat’s $3.82 million and OpenSea’s $3.25 million. “OKX has become the number one NFT marketplace after enabling trading of BTC Ordinals NFTs,” Nick Ruck, chief operating officer of ContentFi Labs, told The Block. “Blur and OpenSea have not yet allowed trading of these Bitcoin-based NFTs, so they've started to fall behind in terms of volume due to the huge demand of Ordinals.”
🐻 Social Giant Line Raises $140 Million for NFT Push, 'Brown and Friends' Games Line Next, the NFT subsidiary of Japanese messaging giant Line, has raised $140 million in a funding round led by private equity firm Crescendo Equity Partners. The investment marks the largest backing for an Asian blockchain company this year, the company claims. The firm plans to use the fresh capital injection to expand its global NFT business and introduce new services to promote wider Web3 adoption. First on the agenda is the official launch of Dosi, Line Next’s global NFT marketplace, in January 2024. Integrated with Line's existing NFT platform in Japan, Dosi will be offered as a mobile app that enables global trading of digital assets.
🪙 The Sandbox Unveils New ERC-1155 Token CATALYSTs on Polygon to Empower Creators The Sandbox introduces CATALYST tokens on Polygon, replacing gems in NFT minting. These ERC-1155 tokens enable users to mint, monetize, and sell creations, enhancing platform capabilities. In a significant move within the metaverse, The Sandbox introduces CATALYSTs, ERC-1155 tokens aimed at empowering creators. These tokens enable users to mint ASSETs with defined rarity and properties across five tiers. The all-new CATALYSTs tokens on Polygon Layer 2, serve as a replacement for gems in the NFT minting process. These ERC-1155 tokens also empower users to mint, monetize, and sell their creations, ushering in a new era of enhanced capabilities within the platform.
🪙 Sotheby’s announces its first Bitcoin Ordinals sale Sotheby’s digital art arm announced that it would be auctioning off pieces from BitcoinShrooms, a Bitcoin Ordinals project designed by artist Shroomtoshi. The BitcoinShrooms collection was originally minted on-chain back on Oct. 22. Both the BitcoinShroom website and X account claim that it’s the “first ever Ordinals collection.” “Within the BitcoinShrooms collection lies a trove of references — from iconic Bitcoin memes to advanced technical concepts— a visual symphony that captures Bitcoin’s essence from the perspective of someone there since the early days,” Sotheby’s wrote. The auction will go from Dec. 6 to Dec. 13, and three pieces are currently available to bid on.