* Our Parent Company Crypto Token is LIVE!!! *Flag Token

China’s endearing Olympics panda does brisk trade on blockchain

Date:

Share post:

As the Beijing Winter Olympics wraps up, the craze for acquiring a Bing Dwen Dwen, the panda mascot for the games, has persisted, now expanding into the digital art market supported by blockchain technology.

On Friday, a San Francisco-based mobile-game company called nWayPlay rolled out its second batch of 200 Legendary Box packages containing the digital pins to several non-fungible tokens (NFTs) featuring images of the mascot. The panda-themed NFTs are authorized by the International Olympics Committee.

The NFTs are non-interchangeable units of data stored on a blockchain to offer public certificates of authenticity or ownership of digital artworks. The blockchain technology features an immutable data record that can be used and shared within a decentralized and publicly accessible network.

Each Legendary Box is officially priced 349 US dollars, much more expensive than a stuffed toy figurine, which sells for about 30 dollars. However, the digital pins were sold out only three days after their launch.

Read more…

Related articles

Bluefin Secures Agreement with Everi to Bring Added Cash Access Security to Casino Gaming Floor – FinTech Futures

Everi is the first gaming provider to integrate to Bluefin’s patented P2PE as-a-service technology ATLANTA–(BUSINESS WIRE)–Bluefin, the recognized...

Blur tops critical metrics in race to ace NFT marketplace, but…

Blur has dominated trading volume throughout February 2023. It has, however, lagged in the number of transactions. Blur has come...

Dormant Satoshi-Era Wallet Moves $9.6M Bitcoin After 11 Years

A Bitcoin BTC/USD address that had been dormant for more than a decade suddenly sprung back to life...

Blockchain is on RBI’s priority list as innovative technologies, says MoS Finance – The Financial Express

Blockchain is on RBI’s priority list as innovative technologies, says MoS Finance  The Financial Express Read more...