There’s a lot of NFT news this week, starting with the shutdown of the National Football League (NFL) project due to a copyright issue.
As explained by the NFL, the various teams cannot be involved in crypto and NFTs, at least until a common line is decided for all clubs.
“Clubs are prohibited from selling, or otherwise allowing within club controlled media, advertisements for specific cryptocurrencies, initial coin offerings, other cryptocurrency sales or any other media category as it relates to blockchain, digital asset or as blockchain company, except as outlined in this policy”.
Summary
The Monza Circuit launches its first NFT collection
The famous Italian circuit has decided to enter the world of non-fungible tokens and give them away to all fans who register on Stargraph during the weekend of 10-12 September, when the Formula 1 Italian Grand Prix 2021 will take place.
The free NFT, designed by Miranda Biondi from Milan, will represent a reproduction of the trophy that is given to the winners of the races at the Monza Circuit.
In the future, other NFTs from the Monza Circuit will be offered for sale on the Stargraph platform, also digitizing physical works and the race tickets themselves to reward fans.
Alessandra Zinno, General Manager of the Monza Circuit, explained:
“We are happy to have entered a world that is new to us but has great potential, where the biggest sports players are already present. Being the first to arrive compared to all the other racetracks is a source of pride for us. We are working in the right direction, with an eye to the future and to sustainability, involving, through the concept of inclusiveness, all those who love motorsport and not only. The NFT project represents a starting point, and a courageous one at that, to develop other innovative activities that show how much our company loves to dare and always look beyond”.
NFT news from Loot’s project
A new NFT project has arrived from the creator of the short video platform Dom Hoffman: Loot.
These NFTs, instead of having the usual collectible style graphics, just have writing on them describing what is drawn on them.
LOOT
– randomized adventurer gear
– no images or stats. intentionally omitted for others to interpret
– no fee, just gas
– 8000 bags totalopensea: https://t.co/qSnRJ1FD0n
etherscan: https://t.co/bF9p0RSHX2available via contract only. not audited. mint at your own risk pic.twitter.com/uLukzFayUK
— dom (@dhof) August 27, 2021
The project has resulted in more than 60,000 Ethereum being traded, worth around $240 million to date.
Hermitage raises $400,000 with NFTs
Even the world’s most famous museums are entering the world of crypto art. One example is the Hermitage in Russia, which has launched its NFT collection on Binance.
In recent days, the project has collected 440 thousand BUSD, the Binance stablecoin pegged to the US dollar, selling works by Monet, Leonardo da Vinci and Van Gogh.
