Metaverse

Nifty News: Kraft Foods files for NFT and metaverse patents, Seth Green gets his ape back and more

American meals manufacturing and processing big Kraft Foods Group has filed nonfungible token (NFT) and metaverse patents for a number of of its common manufacturers. 

The agency joins a number of mainstream corporations comparable to Gatorade, Nike, Adidas and Coca-Cola which have moved to safe their merchandise and branding within the crypto/digital sphere.

According to a Monday Tweet from the United States Patent and Trademark Office (USPTO) licensed trademark lawyer Mike Kondoudis, Kraft Foods has locked in logos for Jell-O, Kool-Aid, Velveeta, Lunchables, Oscar Mayer, Philadelphia and, after all, the Kraft model.

The agency’s NFT and metaverse logos cowl a protracted vary of potential providers and merchandise, together with a digital restaurant the place customers can earn rewards and digital property, digital meals and drinks, NFTs and NFT-backed media and marketplaces for digital items and NFTs.

At this stage, it’s unclear if Kraft will look to roll out any digital choices or promos quickly or whether it is simply seeking to lock logos forward of time. One of its manufacturers already made a small play final 12 months, nonetheless, with the beloved sizzling canine producer Oscar Mayer auctioning off a pack of Dogecoin- (DOGE)-themed “Hot Doge Wieners” through eBay in August 2021 that got here with 10,000 DOGE at no cost.

Seth Green reunited together with his ape

Seth Green has lastly been reunited with the Bored Ape Yacht Club (BAYC) NFT that was swiped from him through a phishing rip-off, with the Hollywood actor and Robot Chicken co-creator stating that Ape #8398 “is home.”

After Green initially had his NFT stolen a month in the past, the scammer bought it to consumer DarkWing84 for 106.5 Ether (ETH) or $144,000 on the time. Green instantly reached out to the client to type out a deal on-line, with the NFT, which he named Fred Simian, having specific significance, as its underlying IP is being utilized to create an animated cartoon present.

It seems there will need to have been a prolonged negotiation course of, because the NFT didn’t get again to the actor till late final week.

As the NFT was locked and unable to be bought on OpenSea resulting from it being stolen, Green paid 165 ETH, price roughly $224,300 on the time of writing, through crypto escrow platform NFT dealer to get his token again, suggesting he paid tip of practically 60 ETH to Darkwing84 who returned the NFT in good religion.

Jim Carrey tokenizes authentic art work for charitable causes

Iconic actor and comic Jim Carrey is auctioning off an authentic tokenized artwork piece dubbed Sunshower through SuperRare, with all proceeds going to a nonprofit that helps meals banks throughout the U.S. referred to as Feeding America.

Apart from being recognized throughout the globe as a comedic actor, Carrey can be a revered artist who creates something from bodily work and illustrations to completely animated items.

Related: Pennsylvania pharmacist feeds hundreds of homeless utilizing crypto

The Sunshower NFT depicts an animated model of a vibrant acrylic canvas portray during which rain and vibrant colour washes over a person’s face, with a spoken-word piece being performed within the background.

At the time of writing, the public sale has one and half days to go, with the best bid to this point totaling 42.35 ETH, or roughly $57,500.

NFT buying and selling quantity plunges

According to NFT information aggregator CryptoSlam, 4 of the highest 5 blockchains by way of gross sales quantity have seen double-digit drops over the previous seven days.

Within that time-frame, buying and selling quantity on trade chief Ethereum is down 28.85% to $176.5 million, whereas second-placed Solana has additionally seen quantity drop 13.71% to $24.9 million.

The largest losers over the previous week are third-ranked Binance Smart Chain and fifth-ranked ImmutableX, with a whopping 46.59% and 58.63% plunge to account for $4.1 million and $1.3 million price of quantity a bit.

The solely blockchain within the high 5 to not internet but hit a double-digit drop is the Flow community, which has taken a 9% to account for $3.1 million price of NFT gross sales quantity.

Other Nifty News

Gordon Goner, pseudonymous co-founder of Yuga Labs, issued a warning on Saturday a couple of attainable incoming assault on their social media accounts below the Yuga Labs umbrella after receiving “credible information” that an insider from Twitter would assist bypass the safety of the accounts.

Global funds tech big Mastercard has partnered with numerous main NFT marketplaces to permit 2.9 billion cardholders to immediately make NFT purchases with out shopping for crypto first.

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