Porsche will release 7,500 NFTs for use in a “virtual world”
German luxury car manufacturer Porsche has hinted that it will significantly intensify its Web3 efforts after unveiling an upcoming NFT project consisting of 7,500 tokenized customizable vehicles..
In a November 29 announcement, Porsche stated that NFTs will be released in January and that users will be able to customize various aspects of the cars regarding performance and appearance..
The NFT art is being designed by designer and 3D artist Patrick Vogel, and all the pieces revolve around the famous Porsche 911 model..
Notably These virtual assets will be designed on Epic Games’ Unreal Engine 5, which suggests that in-game integration is well underway..
The company gave a glimpse of the project at the Art Basel conference in Miami on November 30. Although no specific details have been mentioned, the company pointed out that owners will be able to use the cars in the “virtual world”, which probably means a kind of Metaverse.
In more general terms, Porsche has suggested that it is looking to significantly increase its exposure to Web3 in the future.; the ad stated that:
“Digital art is just one aspect of Porsche’s Web3 strategy. The sports car manufacturer is working to integrate the potential of blockchain technology into existing and future processes and solutions.”
Previously, Porsche had a hand in the launch of soccer-themed NFT collectibles in June 2021. as part of a project called Fanzone, but now it seems to be taking the tokenization of its cars more seriously.
BMW will get Web3 brands
Speaking of German luxury car manufacturers, BMW has reportedly applied for a trademark for its logo in connection with a number of Web3 products and services..
The move was highlighted by USPTO licensed trademark attorney Mike Kondoudis.who frequently shares news about US Web3 trademark filings from top companies.
BMW has signaled its intention for its logo to encompass collectible products such as clothing, footwear, hats and virtual vehicles, while also indicating plans to create downloadable virtual products such as environments and online games.
BMW is coming to the metaverse!
The company has applied to trademark its logo for:
▶️ NFT authenticated media + files
▶️ Virtual vehicles + clothing + footwear
▶️ Retail stores for virtual vehicles + clothing
▶️ Virtual environments
… and more!#NFT #Metaverse #Web3 #BMW pic.twitter.com/huO0RkiGWz—Mike Kondoudis (@KondoudisLaw) November 30, 2022
BMW reaches the metaverse. The company has applied for its logo mark for:
▶️ NFT authenticated media + files
▶️ Virtual vehicles + clothes + shoes
▶️ Virtual Vehicle Retail Stores + Clothes
▶️ Virtual environments
… and much more. #NFT #Metaverse #Web3 #BMW pic.twitter.com/huO0RkiGWz
The Baby Shark Web3 Arc
The content of Pinkfong’s popular children’s song/music video, Baby Shark, to be tokenized as part of a family-focused blockchain game.
Reportedly, Pinkfong drafted a license agreement with Toekenz Collectibles to create and issue Baby Shark characters in a child-safe digital environment.
Toekenz Collectibles is an NFT platform aimed at children 12 and underand the goal of the game is to educate children ages five to nine “about the economics of trading digital collectibles.”
Kids will also be able to customize NFT art to their liking, and even participate in a DAO Tokenz where they “will be able to exercise democratic decision-making.”.
This isn’t Pinkfong’s first dive into NFTs; Cointelegraph previously reported that the South Korea-based company released a series of limited edition Baby Shark NFTs in December last year..
Deadmau5 launches a musical metaverse
A Web3 startup co-founded by popular DJ Cryptocurrency friend Deadmau5 (Joel Zimmerman) is preparing to launch a metaverse platform focused on music and games.
Announced at the Art Basel event on November 29, The startup known as Pixelynx has stated that the Polygon-based platform will launch this week, kicking it off with an augmented reality (AR) scavenger hunt set in Miami Beach..
The CEO and co-founder of the company, Inder Phull described the augmented reality scavenger hunt as a “Rock Band/Pokémon Go experience”, in which virtual features of the game merge with real locations on maps via smart devices..
Users who own Deadmau5 NFT Droplets will get early access to the Pixelynx metaversewith which the platform intends to offer a series of virtual experiences to fans of certain musicians and artists.
More Nifty News
NFTs representing the ongoing protests in China against the harsh zero-tolerance policy of COVID-19 have arrived on the OpenSea NFT marketplace in late November..
On Nov. 30, decentralized exchange (DEX) Uniswap announced that users can now trade NFTs on its native protocol.. The feature will initially feature NFT collections for sale on platforms such as OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT20, and NFTX.
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