The most interesting news of the week is here with IKONIC Weekly. This week we have some big news from the NFTverse. Without further ado let us begin.
Ubisoft’s NFT Launch
AAA games and NFTs were a long-discussed subject among the NFT fans. Of course, after the popularity of NFTs, it was inevitable for the big gaming companies to launch NFTs in their games. The question was which company will be the first one to launch NFTs?
Well, Ubisoft is the first one. They integrated NFT gear into Ghost Recon: Breakpoint and named their NFTs as “digits”. Ubisoft stated that the fans will have unique items with a serial number on them. These NFTs will be Limited Editions and will bear the name of the owner.
However, the gamers did not enjoy the announcement and soon afterward the video was review bombed with a 95% like to dislike ratio. The issue is not that Ubisoft is launching NFTs, it is because of the ongoing battle between gamers and game companies on monetization.
CryptoPunk NFT for $10 Million
Over the last week, the NFT CryptoPunk #4156 sold for 2,500 ether, which is over $10 million USD.
Ape Cryptopunks is super rare since there are only 24 Ape CryptoPunks in existence. The average price point of “punks” is between 350,000 and $500,000. Even though this is a huge number the current record is held by CryptoPunk #7523 with $11.75 million.
Pepsi Reveals “Mic Drop Collection”
Drinks manufacturer Pepsi revealed their very own NFTs, “Mic Drop Collection”. There are 1,893 NFTs in the collection, which signifies the founding date of Pepsi.
This collection is Pepsi’s first-ever venture into the world of NFTs. The application process already started and on December 14, successful applicants can mint their Pepsi-themed NFTs.
Each NFT is built upon the Ethereum blockchain, and owners will be able to trade the items independently on third-party marketplaces.
Recently we have seen Coca-Cola entering the metaverse with a launch on Decentraland. Of course, following this news, it was only a matter of time for Pepsi to create their own NFTs.
Pitbull Partners with OneOf
American musician Pitbull partnered with NFT platform OneOf. Music producer Quincy Jones is the founder of OneOf and the platform is built specifically for the music vertical. For now, Pitbull will evangelize for OneOf, but he will launch his NFTs soon according to rumors.
Pitbull is an international artist and he has a solid fanbase especially in Latin America according to reports this was one of the factors why OneOf signed Pitbull.
COVID-19’s Genetic Code as NFTs
This one blew our minds. One of the most interesting NFT creations is actually created by one of the worst pandemics we have ever seen. Yes, you read the title right, a group of creators created NFT songs built upon the genetic code of the coronavirus.
“Viromusic” stated that they built these NFTs with a process called DNA Sonification, each note in the melody is a part of the virus’ copying mechanism.
Owners will get details about their chosen song, explaining which gene is used to create that particular song. It is one of the most innovative ways of creating NFTs we have seen. Combined with modern instruments each they have created over 10,000 songs which is quite an accomplishment.
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