Posts tagged with "blockchain"

Woman at Computer by Mina Tocalini for 360 Magazine

Aura SaaS

The Aura Blockchain Consortium, founded by LVMH, Prada Group, Cartier, part of Richemont, and OTB Group, is pleased to announce the launch of Aura SaaS, a game-changing cloud-based SaaS solution. The Aura Blockchain Consortium currently has more than 15 million digital tokens on their private, permission-based blockchain platform which offers both upstream and downstream traceability in the supply chain which is direct-to-consumer. 

The launch of Aura SaaS is the first blockchain-based platform designed for luxury brands to help the luxury industry to embrace the blockchain in their day-to-day business operations including supply chain, customer service, marketing, manufacturing, sustainability, purchasing, logistics, and legal. Aura SaaS will allow Aura member brands to quickly and easily onboard, maximizing value focusing on the customer journey and digital innovation and allowing for both upstream and downstream traceability in the supply chain for consumers–making it one of the best direct to consumer offerings in the market.

Aura SaaS is a no-code solution that allows for a quick and hassle-free implementation. There are also lower up-front costs, as Aura SaaS users benefit from lower license and onboarding fees. The launch of Aura SaaS will make Aura more accessible to luxury brands across the globe while strengthening the industry’s response to challenges such as counterfeiting and responsible sourcing. 

With Aura SaaS, brands can easily access the Aura Blockchain directly through APIs and connect them to their own IT systems and applications. Main functionalities include:

  • Smart contract generator: no coding skills needed
  • Products registered on the blockchain
  • Product events/rich content management
  • Product history
  • Product ownership acquisition & transfer

On top of the blockchain functionalities and APIs accessibility by luxury brands, Aura SaaS will offer various white-label front-end interfaces and web pages to easily write, read and display information from the Aura Blockchain–this will be fully customized to align with the UX of each brand, requiring no technical or blockchain expertise. These web pages can be also directly accessible by luxury clients. Aura SaaS helps luxury brands to address the following topics: authenticity, ownership, warranty, transparency, and traceability targeting both upstream use cases (e.g. raw material sourcing) and downstream use cases (e.g. digital certificates of ownership and authenticity certified on the Aura Blockchain, e-warranty, transfer of ownership, etc.)

Daniela Ott, Secretary General of Aura Blockchain Consortium, said of the launch: “Our ecosystem is growing on a daily basis and Aura’s solution covers the entire lifecycle of luxury production and consumption. Aura SaaS provides a game-changing toolbox for the luxury industry with an easy onboarding, minimum costs, and without the need to manage any Cloud infrastructure and deploying any instance, thus reducing the Time-to-Market to launch new blockchain use cases. This solution is meant to last and benefit the whole value chain. Given its accessible pricing, it is a solution suitable for luxury brands of any size, for most product categories within the luxury sphere.”

Alongside the Aura SaaS solution, the Aura Blockchain Consortium is also developing a suite of turnkey tools to accelerate route to market, with smaller brands in mind. These would include simple, ready-to-use front-end tools that can provide luxury consumers with a visualization of data on the blockchain. For example, brands could offer more transparency into their sustainability credentials by providing consumers with the ability to view the provenance of materials used in the manufacturing process. Such a solution is particularly attractive to brands yet to implement their own advanced front-end but keen to offer customers more insights and interactions.

Lauren Hurley/ Lauren Hurley Creative x Sator/ Project Chimps for use by 360 Magazine

Sator × Project Chimps

Sator has just announced its partnership with one of the most recent chimpanzee sanctuaries, Project Chimps. The collaboration includes the launch of a sequence of Non-Fungible Tokens (NFTs) on the Sator app. Each chimp at Project Chimps will receive their own specially minted NFTs, and all proceeds will be returned back to the sanctuary.

The Project Chimps sanctuary is located in the Blue Ridge Mountains of north Georgia, where former research chimps are given lifelong refuge and rehabilitation. Home to 82 chimps today, Project Chimps aims to grow these numbers and provide more chimps with accessible care. To learn more about the chimps, visit ProjectChimps.org.

With the announcement of the collaboration, this supports the sanctuaries’ goal to assist more chimps in the future. The proceeds accumulated through the purchase of the NFTs go directly back to the sanctuary, providing more resources for better care of the chimps and to house more chimps in the future.

The NFTs will be released in a sequence of groups. The first collection drop is “The 5 Alphas.” “The 5 Alphas” include the heads of the 5 separate family units at the Project Chimps sanctuary: Binah, Bo, Kareem, Kirk and Patrick. “The 5 Alphas” NFTs can be accessible now through the Sator app. There are around 5,000 NFTs for each individual Alpha offered.  NFTs can be bought through Sator’s native token (SAO) for roughly $5 each.

Sator’s President Chris Martin speaks on the significance of the collaboration between the two teams. Martin states, “We are honored that Project Chimps chose Sator to launch their first-ever NFT campaign in support of the sanctuary’s efforts to provide care to the retired research chimpanzees. We see it as a creative way to bring awareness to their mission and we’re very excited to be a part of it.”

A feature apart of the Sator app allows users to diverge into various realms to earn crypto tokens through playing games and connecting with content. These crypto tokens can be substituted for NFTs in the app. The app also allows users the opportunity to conversate with other users around the world.

To download the Sator dApp:

iPhone: visit HERE

Android: visit HERE

Art Basel Gif by Reb Czukoski for use by 360 Magazine

Basquiat × Art Basel

Fat Joe, French Montana, Busta Rhymes, and D-Nice all hit the Triller × The Bishop Gallery physical and digital curated experience during Miami’s Art Basel for the historic first-ever live NFT auction of rare photos of Jean-Michel Basquiat, a legendary neo-expressionist artist, by photographers Alexis Adler and Al Diaz.

Our Friend Jean NFT Auction, was an exclusive event of art, music along with a live NFT auction experience. For the first time, an incredible selection of NFTs featuring rare and personal photos of Basquiat were available on the Triller marketplace, a trailblazing AI-powered global platform, with exclusive previews and purchase opportunities onsite. The Bishop Gallery chose the Triller NFT marketplace because the Triller platform has been specifically engineered to minimize the minting process’s computing costs and complexities to reduce the carbon footprint effects and provide accessibility for creators looking to monetize through NFT sales.

The photos of Basquiat being introduced to the blockchain, gave the world a chance to own a piece of the man that made the art movement of the early 80s New York City so electric. The blowout event featured performances from hip hop royalty.

Fat Joe first took the stage to perform and welcomed Stevenson A. Dunn, Jr. from The Bishop Gallery to introduce the first ever seen NFT drop, which included four rare photos of Basquiat. Next, Busta Rhymes came out to perform and lastly, French Montana performed a set while DJ D-Nice spun the entire night.

Next up after Art Basel, Triller x The Bishop Gallery in partnership with NYX Professional Makeup will present the “Our Friend, Jean-HBCU Tour,” and exhibition that will embark on a tour to eight HBCU (Historically Black Colleges/Universities) schools. The tour will kick off in early 2022 and land in eight cities, where Adler will appear to share the works from the Alexis Adler Archive, featuring works from Basquiat and potential art donations to the schools. Together, Triller, Bishop Gallery, and NYX Pm, have artistry for all that has been at the core, and strive to bring accessibility to the arts and self-expression to younger generations.

photo at Aku World by Rowben Lantion for use by 360 Magazine

AKU WORLD DEBUTS IN MIAMI

Miami is Aku’s first introduction to the physical world and brings friends and collaborators spanning from leaders in cryptocurrency, NFT creators, art curators and collectors, fashion and streetwear icons, A-list musicians, and Hollywood execs together in one space to explore NFTs from a range of perspectives with real world conversations that bridge the gap between crypto and mainstream culture. 

Conceived by Micah Johnson in February 2021, Aku has since become the first NFT to be optioned for film and television projects and is the first NFT to travel to space. Aku is a conduit to empower the next generation of explorers and dreamers. The visually-stunning, multilayered event showcases the otherworldly dimension of Aku and allows guests to step out of reality and into the metaverse through carefully curated exhibits that blur the lines between NFT technology and IRL experiences:

  • Unique NFTs: Through a partnership with leading cryptocurrency exchange FTX US, attendees will be able to sign up for their own crypto wallet, collect NFTs throughout the space via hidden QR codes, and purchase digital artworks by legendary 3D artist, Raf Grassetti, as well as unique Aku digital works
  • FTX Minting Room: Top-tier ticket holders will have exclusive access to the Minting Room presented by FTX US, where they can create their own 4D-scanned avatar that lives within the Aku universe and mint them into NFTs, which they can later trade, sell or display in their digital wallets.
  • Aku’s Merch Room: Attendees can shop on-site via the Merch Room, which will host three days of exclusive merch collaborations with VIP guest collaborators Pusha-T, Jérôme LaMaar and Aleali May, with each day dedicated to a single limited time, limited edition collection, available for pre-order at the event and online. PORTL, the holoportation and NFT hologram showcase leader, will present the merchandise in four epic hologram units.
  • Aku’s Collection: Aku’s Collection, curated by Art Angels, will tell more of Aku’s story through an art installation for guests to explore and interact with. A special curation of young Black artists including Jade Yasmeen, Asiko, Floyd Strickland, and Solomon Omogboye will be exhibited alongside two new original paintings by Micah Johnson, as well as three screen prints by Jean-Michel Basquiat. Guests will have the opportunity to view and purchase original artworks on-site.
  • Aku’s Helmet: Conceptualized by renowned creative and experiential studio MATTE Projects, the 30,000 square foot space will house a futuristic lifesize art installation of Aku’s Helmet, where guests can experience three otherworldly dimensions of Aku.
  • Blue Room: The Blue Room will host daily panel sessions and conversations led by leaders in art, fashion, music and crypto.

AKU WORLD | DAYTIME PROGRAMMING SCHEDULE

Open daily from 12-7 PM

Wynwood Arts 29 |  95 NW 29th St. Miami, FL 33127

FRIDAY, DECEMBER 3rd

1:00 PM | Traditional Art and Web 3                                                                                              

Micah Johnson and experts from renowned art galleries and institutions will address the opportunities and challenges surrounding Web 3 and the art world.

Moderator: Micah Johnson (Creator of Aku)

Panelists: Ronnie K. Pirovino (Art collector, Curator and Appraiser), Sophia Cohen (Sales Associate and Artist Liaison, Gagosian)

3:00 PM | Designer Talk                                                                                    

Micah Johnson and Summer Watson will be joined by exclusive Aku World: Miami merch collaborators to talk about all things designer, creativity, streetwear, drop culture and more.

Moderators: Micah Johnson (Creator of Aku) and Summer Watson (President, Vol. 1; Exec Producer, Aku World: Miami) 

Panelists: Pusha-T (Musician), Aleali May (Style Consultant, Model and Designer), Jérôme LaMaar (Creative Director, Designer and Stylist)

4:00 PM | Music and NFTs                                                                                

Summer Watson will be joined by artists and industry execs to discuss NFTs, crypto and the music industry. 

Moderator: Summer Watson (President, Vol. 1; Exec Producer, Aku World: Miami)

Panelists: Mike Spitz (Founder & CEO, Vol. 1), Haleek Maul (Musician), Hugo Renaudin (Co-Founder and CEO of P00LS), SassyBlack (Musical Artist), Latashá Alcindor (Artist Community Lead, ZORA)

SATURDAY, DECEMBER 4th

1:00 PM | Future of Media: Web 3                                                                                  

Clint Kisker will be joined by leading film and media executives to discuss the opportunities in web 3.

Moderator: Clint Kisker (Co-Founder, Madison Wells Media)

Panelists: Kiri Hart (Film Executive, Writer and Producer), Logan Coles (Writer, Producer and Director), Stephen Feder (Film and TV Producer)

3:00 PM | Fireside Chat                                                                     

One-on-one conversation between Micah Johnson (Creator of Aku) and Roham Gharegozlou (CEO, Dapper Labs)

4:00 PM | ‘The Wolf of All Streets’ Podcast                                                                                   

Scott Melker, aka the Wolf of All Streets, will speak with prolific leaders from the worlds of crypto, trading, finance, music, art, and more.

Moderator: Scott Melker (Host of The Wolf of All Streets Podcast)

Panelists: Special guests to be announced

ANTARA MOVIE OWNERS TO SELL RIGHTS VIA NFT

In a groundbreaking move, film distributors must pay the owners of the Antara Movie NFT to distribute the film in theatres and streaming channels

Arabian Camels today announced the launch of an ‘Antara Movie NFT,’ that will grant buyers up to 50 percent of the intellectual property rights to “Antara,” a $50 million dollar feature film. Antara is based on the life of Antarah Ibn Shaddad, an ancient Arabian knight and poet, famous for his adventurous life. Prospective film distributors would pay the owners of the Antara Movie NFT to distribute the movie in theatres and/or streaming channels, tying the Arabian Camel community into millions of dollars worth of value in the real world. The NFT drop is anticipated this December.

The Arabian Camels envision merging Movies and NFTs with DeFi, Gaming, and the Metaverse, with a focus on community, extracting value from the booming transmedia space, and sharing the value entertainment properties with the Arabian Camel community. 

“While other NFT projects were busy manipulating their floor price and buying up their own NFTs, the founder of Arabian Camels, stayed low key, quietly working on building long-term quality. The result is game-changing tokenomics and strategies that enable the Arabian Camels to define a new era of the movie business,”  said Alexander Amartei, Producer of Antara, and inventor of Movie NFTs. “The Arabian Camels is the only NFT community that has managed to position itself uniquely between movies and NFTs. As a new pop culture brand, we are now ready to launch our movie strategy, gaming strategy, and token launch on major exchanges.” 

Arabian Camels have also collaborated with Dominic Ryder, CEO of vEmpire, whose token has recently rocketed 1500 percent and reached a market cap of $100M. Dominic Ryder’s protocol is in the process of designing and creating the ANTARA Play-To-Earn game, which has already gotten the attention of very prominent VC firms. The multiplayer raiding game is expected to plant the Arabian Camels brand and the Antara IP firmly into the Metaverse, and add another layer of value for Arabian Camels holders. The game is set to bring fun and reliable income to thousands of players in developing countries and will run off a scholarship model. The Arabian Camels NFTs are now to be a commodity and have functionality within the game. In conjunction, they will also be launching their very own gaming token, the in-game currency that is set to be listed on major Cryptocurrency exchanges.

The production of the movie was meticulously put together with the help of professors of Arabic Literature from Oxford, Cambridge, Yale, and the School of Oriental and African studies, meaning it’s not another Marvel. It has a very rich, intelligent, and powerful historical appeal. It was originally set to be shot in NEOM, Saudi Arabia, but Abu Dhabi, as a modern tech hub, has also shown a keen willingness to accommodate the production, to be credited as the ones that helped to bring this epic story to the world. The production team is currently assessing which of the Middle Eastern regions can offer the best incentives and working conditions for the production.

The story of Antara is reminiscent of both Alexander the Great and Romeo and Juliet, of the Middle East. His story has been told repeatedly for the past 1,500 years. He was a black slave in ancient/pre-Islamic Arabia, who won his freedom and became a lofty knight. He rose to stardom in the 5th century, not only due to his character and prowess on the battlefield but also, his miraculous talent as a poet. His poetry was held in such high regard, that it was actually sewn in gold, and suspended on the Kaaba in Mecca before the days of Islam. To this day, if one studies Arabic Literature in Oxford or Cambridge, the poetry of Antara is still studied and revered.

ABOUT ANTARA 

Antara is a feature film directed by one of the most sought after Hollywood Directors, that covers the life and adventures of Antara Ibn Shaddad, a desert warrior from ancient pre Islamic Arabia. The film is the first big-budget film to be funded by an NFT, before its theatre and streaming debut, as well as the first NFT to facilitate this type of royalty sharing. As part of the ‘Antara IP’ a transmedia rollout, the film is a part of a franchise that includes 3 sequels, a crypto infused ‘Assassins Creed Styled’ multi-player game, a comic, and a strong brand with a long term merchandising and licensing strategy.

Nightclub Gif by Reb Czukoski for use by 360 Magazine

MERGING VERSES NFT

The future of fashion is the merging of two verses, the virtual world (metaverse) and the physical world. We explore this through the unity of traditional photography and animation—where humans and AI co-exist.

The NFT world is something that is growing and still confusing for many people not directly involved in the producing and purchasing of these new age art pieces. 360 MAGAZINE was able to interview several people directly involved in the production side of NFTs, including producer and model Bee Davies and photographer Jacques Burga.

Interview with Bee Davies

  • What made you become interested in NFTs?

I became interested in NFTs when I started doing virtual production and realized that there was no marketplace for digital art. More than that, there was no fan base. We know famous photographers and people who collect their photographsbut there’s not the same kind of hype surrounding animators. An NFT marketplace not only legitimizes their work, but provides a platform that opens up the door for a whole new kind of collector.

  • How do you respond to people suggesting NFTs are overly expensive and pointless?

Couldn’t you say that about all collectibles? Digital art, like any art, is meant to be enjoyed; the NFT marketplaces and wallets allow you to do that much more easily.

  • What is your favorite NFT?

The one I produced with Jacques for 360, because it exemplifies the merging of the real world and the metaverse.

  • Was it odd to see yourself become an NFT?

Not at all. Since the dawn of social media we have all had virtual versions of ourselves, this is just an overt way of expressing it.

  • What are your biggest artistic inspirations?

I would like to create and produce a completely virtual fashion show for the industry’s top fashion houses (this means AI talent, virtual runways, and digital clothing/accessories…as well as an audience attending in VR). And of course, mint every bit of the digital experience so it can be enjoyed in the metaverse for eternity.

  • What are some upcoming projects you’re looking forward to?

I have a bunch of NFTs that will be dropping soon that I’ve collaborated on with different animatorssome of which feature the actors from the SciFi TV Pilot I created.

Interview w/ Jacques Burga

  • What made you become interested in NFTs?

It’s a whole new way of making business. I enjoy pushing boundaries when it comes to projects related to my field. It also makes me feel there’s always a next step to follow and to explore disciplines that I wasn’t precisely an expert in.

  • How do you respond to people suggesting NFTs are overly expensive and pointless?

To keep the mind open to new ways of mixing technology and creativity may be good advice.

  • What are your inspirations as a photographer?

I am inspired by People and Beauty

  • Why did you decide to blend photographic elements with virtual ones?

Our world has become very virtual. Photography gets elevated when it’s blend with other disciplines such as Art or Technology (virtuality.)

  • What is your relationship with digital artwork?

I’m working on digital projects related to Fashion and NFT. My relationship is continuously growing.

  • When did you become interested in photography?

When I left an internship at a high profile magazine in Paris and decided to become independent and nurture my desire to create fashion.

  • What, in your opinion, is your best piece of artwork/photography?

I cherish every project since it is composed of pieces that create a nice puzzle for me.

  • What projects can we expect to see from you in the future?

I will always want to explore and collaborate with new technologies and artists that share my vision of fashion and people.

NFTs available on OpenSea.

MEET THE TEAM

Media Partner: 360 MAGAZINE

Studio: Daylight Studio

Producer: Bee Davies / Hive Global Media

Photographer: Jacques Burga

Make-up Artist: Sarah Tweedy

Hair Stylist: Christine McManemi

Wardrobe Stylist: Yash Joshi

NFT Marketplace: Opensea

Digital Designer: Edward Harber

Model: Bee Davies 

Animator: Vizzee

Virtual Model Creator: Vizzee

Metaverse Creators: Vizzee / Mercedes Luna Larrahona / Zoë Jane Bernet

PA: Stefanie Murza / Aleko Syntelis

nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
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cypress hill nft by The Non Fungible Token Company and Unblocked for use by 360 Magazine

CYPRESS HILL × UNBLOCKED RELEASE NEW NFTs

UNBLOCKED LAUNCHES TO DEMOCRATIZE DIGITAL COLLECTIBLES, ANNOUNCES FIRST PARTNERSHIP WITH PRIMARY WAVE MUSIC AND CYPRESS HILL

Backed by A-List Investors, Company to Focus on Connecting Fans with Popular Talent, Offering Artist-Focused NFTs and Exclusive Real-World Experiences

Breaking the mold of digital collectibles as expensive and exclusive, The Non Fungible Token Company (NFTCo), also known as Unblocked, is launching with the mission of connecting talent with fan communities, both online and in the real world. Its first digital collectible, in partnership with Primary Wave Music and multi-platinum hip-hop group Cypress Hill, drops on November 22.

The company has created NFTs with Cypress Hill to promote upcoming milestones for the iconic band. Fulfilling the goal to offer NFTs linked to fan-shared experiences, some Cypress Hill NFTs will allow fans to memorialize their experience at in real life events, while collectors and fans who can’t attend those events can buy collectible NFTs on their store. All Unblocked NFT experiences aim to also build fan communities with exclusive rewards such as talent meet-and-greets, signed merchandise, and recording sessions with artists.

Following the release for Cypress Hill, Unblocked will continue to work with Primary Wave Music to launch NFTs for other artists on their roster. Founded in 2006, Primary Wave is home to some of the world’s most iconic artists such as Prince, Bob Marley, Boston, Alice Cooper, Stevie Nicks, Luther Vandross, Frankie Valli and the Four Seasons, and Olivia Newton-John.

“Unblocked’s founding team’s vast knowledge and experience in tech, blockchain and cryptocurrency made them an incredibly compelling partner for us,” says Natalia Nastaskin, Primary Wave Music’s Chief Content Officer. “We are seamlessly aligned on our collective approach to building fan communities based on engagement through serialization and gamification of digital collectibles. We could not be more excited about our platform’s launch with Cypress Hill, to be followed by a steady pipeline of artists who are passionate about serving their fan bases with unique and dynamic drops.”

Harrison Wang, co-founder of Unblocked, stated, “We are excited to launch Unblocked with Primary Wave Music, opening the door for other music and entertainment brands. While offering partners a full suite of services to monetize their assets, we look to democratize the digital collectible market by giving everyone the opportunity to own a shared social moment – or in a larger sense, a piece of history – building communities and increasing fan-to-fan and fan-to-artist engagement.”

ABOUT UNBLOCKED

Unblocked is led by an all-star team with extensive experience in the consumer and blockchain space. Co-founders Jeremy Arnold, Brian Dilley and Harrison Wang, as well as most other members of the team, have all worked together at Flipagram, TikTok, Blockfolio and FTX (as well as several other notable companies), leading growth, product, data, and engineering at several of those stops.

Founded in May 2021, Unblocked closed its seed round in July with an investor list which includes Primary Wave Music, Dapper Labs, Oaktree Capital, Marcy Venture Partners (Larry Marcus, Jay Brown, Jay-Z), B Capital, M13, BAM Ventures, Defy Ventures, and GFT Ventures. Individual investors include Shawn Mendes, music manager Andrew Gertler, Shopzilla and Flipagram founder Farhad Mohit, Honey founder and CEO George Ruan, and Dapper Labs founder and CEO Roham Gharegozlou.

The Non Fungible Token Company (NFTCo) d/b/a Unblocked is headquartered in Los Angeles.

Cryptocurrency illustration by Heather Skovlund for use by 360 Magazine

Native Tokens on Nimbus: The Ecosystem × The Future

Nimbus is a blockchain platform that specializes in DeFi solutions for any potential needs a prospective user may have. Whether it is through dApps, staking in Crypto, or via lending and borrowing, Nimbus is the go-to platform when it comes to taking advantage of the DeFi market, and a major factor of its continuing success comes from its native tokens, NBU, and GNBU. With a third stablecoin in the works, Nimbus’ innovation continues to impress its community and grow along with the DeFi market.

Starting with the basics, there is the NBU token that serves as the lifeblood of the platform. NBU can be used to pay off debts, fees, swaps etc and is the standard for all transactions. Users can swap existing tokens from Binance or Ethereum blockchains or they can apply for a loan from Nimbus itself. Nimbus makes it easy for a first-time user to get a loan for tokens or just pay out of pocket for them. This flexibility from the start lets the user experience every step at their own pace.

NBU is the basic utility token and will be the one that most users will find most comfortable. NBU is often used for swapping or staking due to the ease of use it offers to jump into the sixteen different revenue streams Nimbus offers. Founded with the idea of being a flexible platform, Nimbus created the NBU to reflect that flexibility. A user can choose what they do with their tokens, like entering it into a chosen liquidity pool for the interest it accrues. Or they might swap it out via the Swap Machine dApp for a different token like Ethereum. While not offering as many options as the GNBU, NBU has far more intuitive access associated with it for the average user to take advantage of.

GNBU, the second of the two currently available tokens, is the main governing token on the Nimbus platform. Like NBU, GNBU offers its users a lot of flexibility and can be traded, tendered, or sold as a user likes. GNBU does take the staking idea farther as well, due to its nature it can be staked into whichever pool they like for any determined time versus the sometimes-hard locked nature of NBU staking. Furthermore, simply being in possession of the token allows for a user to get a percentage of every transaction fee that takes place on the platform.

The biggest difference between NBU and GNBU is that GNBU allows the user to have voting power on the platform. Nimbus relies on the community at every level, and it has established a community vote for major decisions that impact the platform’s ecosystem and current path. If someone has a GNBU they have a vote in this community and have a direct impact on the future of Nimbus.  With the Nimbus Platform itself capping its ownership of GNBU at 10% any user that possesses one of these tokens has a major voice in developments.

There is a third token that is currently being developed along the Stablecoin idea: STAN, which will be directly pegged to the United States Dollar. Though it’s still in the works, Nimbus plans on having access to 15 different revenue generating tools. STAN will be swappable using Uniswap for other forms of Crypto or cashed out at the user’s leisure. Stablecoin is a more tangible coin that some users will find more comfort in and is one more avenue for users to reach financial success.

Crypto by its nature can be confusing, so Nimbus created its tokens with the philosophy of entuitive use for all Crypto enthusiasts. Nimbus isn’t as large as other blockchain platforms for now, but its growth continues with its security and flexibility being its driving force. In 2021 alone the number of users with attached wallets reached over 57,000 in number. As Nimbus continues to expand that number will grow massively.

The Nimbus blockchain represents the future of decentralized finance and innovation.  With the hopes of eventually creating an entirely decentralized bank for its users to have access to, Nimbus is constantly creating the next best thing through its platform. Even its ecosystem has been created to be fluid and allow for user input at a regular pace.

There’s been a lot of bad press in the news regarding Crypto. For some Crypto is a game of musical chairs that won’t have many seats left when the music stops playing. But this isn’t a game of chance, and those who believe it don’t understand the market. Nimbus has striven to ensure that every user understands the experience fully while enforcing strict transparency and security across the platform. The best example of this lies in its chosen tokens.

Nimbus clearly has all token values available to its users and market trend information is up to date and specifies all aspects of exchange value. Furthermore, GNBU and its associated services encourage investing time and resources back into the community and benefits not only one user, but the entire platform. The ripple effect from one user benefits another and the cycle continues across the whole of the user base.

Community is key with the Nimbus platform, and constant innovation in both the services offered and what NBU and GNBU offer allow for that community involvement while they further innovate the platform to meet new trends. In no other platform does the community find itself directly involved in the ecosystem, and it is just one more reason why Nimbus is continuing to grow at a rapid pace as the year closes itself out.

Money illustration by Heather Skovlund for 360 Magazine

The Growth of Blockchain

Blockchain Companies hit $30.4B in Total Funding, a 44% Increase in a Year

The increasing number of organizations accepting cryptocurrency and the growing interest in blockchain technology continue driving the entire sector’s impressive growth. However, recent years have also witnessed a surge in the number of venture capitalists pouring money into blockchain companies.

According to data presented by BlockArabia.com, blockchain companies raised $30.4bn in total funding, a massive 44% increase in a year.

Investment Activity Soared by 515% YTD

By allowing digital information to be distributed but not copied, blockchain technology created the groundwork for the new type of internet. Although initially invented for the cryptocurrency Bitcoin, by improving online security and streamlining fundraising and payment options, blockchain technology was adopted by many companies across different industries.

The Crunchbase data showed 2018 was a record year for investment activity in the blockchain market, with companies raising around $10.7bn in funding rounds that year. However, the next two years brought a significant slowdown in venture capital funding.

In 2019, blockchain companies raised $4.3bn, with the cumulative funding amount rising to $20bn that year. However, statistics show 2020 brought even less fresh capital, with companies raising only $2.4bn.

After two challenging years for blockchain companies looking to attract investments and expand their business, investors flocked to this sector in 2021. In the first quarter, startups focusing on blockchain technology raised around $2.9bn, more than in all of 2020. The strong investment activity continued in the second quarter of the year, with companies raising another $4.1bn.

The Crunchbase data showed blockchain startups raised around $8bn YTD, a staggering 515% increase compared to a year ago period, and 20% more than in 2019 and 2020 combined.

US Blockchain Startups Raised $12.5B, more than European and Asian Companies Combined

Statistics show that US blockchain companies lead in the total value of investments, with $12.5bn in funding rounds so far. European companies hit $6.1B in total funding, half the value of their US peers, ranking as the second-leading region globally. Asian blockchain companies follow with $5.4B, respectively.

Analyzed by type of funding, initial coin offering ranked as the most popular way to raise fresh capital. Statistics show blockchain companies have raised $9.3bn through ICOs so far, more than any other funding type.

Series A funding rounds have brought in around $3.8bn so far. Series B and Series C funding rounds follow, with $2.6bn and $2.4bn, respectively.

The full story can be read HERE.

wonderquest image for use by 360 magazine

ALISON WONDERLAND – WONDERQUEST

Australian EDM producer and DJ Alison Wonderland (AW) ventures into the realm on NFTs (non-fungible tokens) with her blockchain project, The WonderQuest. The project launched on Sunday, July 25 on Decentraland, a blockchain-based 3D virtual reality platform. The fantasy-inspired project allows investors to purchase a dragon egg as an NFT from the WonderTown market. A ‘hatching event’ will occur at the end of the on-sale period this coming Tuesday, August 3 at 3pm PT.

Each egg is .0888 Ethereum (Eth) and over 6,500 have been sold. 3,500 eggs are left to be minted. All eggs will be sold before The Hatching event. After the hatching event, the egg owner has the option to either hatch the egg or not to hatch, allowing owners to interact with the fantasy realm.

Many first-time NFT and crypto holders’ purchases have been made by AW fans to participate. Many large NFT owners who have not heard of AW have also been drawn to this project because of its utility. Some large crypto holders have even purchased eggs for AW fans who can’t afford an egg. It’s been positive experience, and a new community has been built regarding the project’s discord.

So far, sales for the NFT are at $1.7 million. The full extent of the WonderQuest earnings are to be revealed after the project ends.

“It starts with an egg. ‘What’s inside?’ ‘Do I hatch it?’ Questions only you can answer. Each egg is unique with its own ERC-721 Ethereum blockchain based token. The egg is an NFT, but so is what’s inside. You can either collect the NFT as a rare egg, or hatch it and reveal what’s within This is real and happening now. This project is not a placeholder for unfinished artwork. We’ve been designing and developing this project over hundreds of thousands of hours, and every detail has been carefully selected to bring to life the mystery of The Wonderquest.”

The WonderQuest is Alison Wonderland’s odyssey of exploration in the blockchain/digital world, a treasure hunt of experiences in the Metaverse. An opportunity awaits you to embark on a journey of epic proportions, incorporating virtual gift quests, discussions, and musical performances. For the first time ever, join AW’s odyssey, which features her music in a virtual landscape powered by blockchain technology. The adventure ahead will not only allow you to explore never-before-seen parts of the Metaverse, but also to interact with it in ways that were previously impossible.

Join Alison Wonderland by purchasing from a series of 10,000 unique, mysterious, and mystical eggs. Minting is totally random. There are 12 different breeds of differing rarity, all individual dragons. Hatch your egg or wait – the choice is yours. Unleash your creation upon this world or keep the power within.

The egg is the beginning of a long and wonderful journey. Together we quest. WonderQuest.

Find out more about WonderQuest via Decentraland.