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SuperRare Delves into Bitcoin Ordinals; Ghostface Killah on Bitcoin; Indian Railways & NFTs; Starbucks Ends NFT Program

Algoine News
Summary:
This week's news highlights include SuperRare's expansion into Bitcoin Ordinals and American rapper Ghostface Killah's decision to release music on Bitcoin. Indian Railways has integrated NFTs into their ticketing system for festival celebration, and Starbucks is nearing the conclusion of its NFT rewards program. Coffee giant Starbucks has announced it will end its "Odyssey Beta program" by March 31. Ghostface Killah shared plans for a 10,000 supply free mint music release on Bitcoin Ordinals. Indian Railways is issuing NFT tickets to passengers on new trains for celebrating the festival of Holi. Lastly, the NFT marketplace SuperRare is adding Bitcoin Ordinals to their portfolio, in partnership with art platform Gamma.
This week's bulletin enlightens readers about SuperRare's foray into Bitcoin Ordinals, and American rap artist Ghostface Killah's introduction of his music on Bitcoin. You'll also learn about the ways Indian Railways incorporate NFTs into their celebration of a festival, and au courant news of why Starbucks is about to conclude its NFT rewards program. The popular café outlet Starbucks has announced the cessation of its reward program which permitted patrons to amass NFT stamps. This move paves the way for fresh initiatives. The called "Odyssey Beta program", where coffee enthusiasts could engage in coffee-themed games to acquire NFTs, will wrap up on March 31. Nonetheless, Starbucks assured that the Odyssey marketplace, where digital stamps are traded, will morph into a Nifty Marketplace letting users to continue their stamp buying and selling. Continue reading. Celebrated American rap artist, "Ghostface Killah", or Dennis David Coles of the hip hop ensemble Wu-Tang Clan, disclosed his plans for music release on Bitcoin Ordinals. The artist announced a 10,000 supply for the collection which would be a free mint. As per the rapper's statement, NFT holders gain Creative Commons Zero rights to his music. This implies a relinquishing of copyright interests, thereby enabling them to develop the work as per their preference. Continue reading. In a bid to observe the Hindu festival of Holi, Indian Railways has planned to issue NFT tickets for Delhi-bound trains during March 20 to April 2. Passengers traveling on two newly introduced trains would obtain their tickets as NFTs. Through NFT tickets, the goal is to enrich traveling experiences by offering personal digital collectibles, verifiable through blockchain. The Indian Railway Catering and Tourism Corporation expressed that the tickets represent not merely digital mementos but also cultural celebration. Continue reading.SuperRare, the NFT marketplace, declared its move into the Bitcoin Ordinals sphere, joining forces with art platform Gamma. Thanks to this collaboration, SuperRare, initially backing only Ethereum transactions, will venture into supporting multiple blockchains. Zack Yanger, SuperRare Labs' senior vice president, asserted that this course of action is a result of artist community manifesting significant engagement in Bitcoin Ordinals. To commemorate the merging of Bitcoin NFTs, the firm partnered with artist Killer Acid to unveil a Bitcoin-focused NFT collection. Continue reading. Stay tuned to COINTELEGRAPH’s NFT STEEZ PODCAST. Be sure to return next Wednesday for more updates and insights into this constantly developing domain.

Published At

3/20/2024 10:00:00 PM

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