American actress, singer and songwriter, Lindsay Lohan, is going to release her unique NFT collection on Tron (TRX); auction will go live on March 20.
One more top-flight celebrity is ready to join the club of non-fungible token creators. Lindsay Lohan explained why she decided to choose Tron’s (TRX) smart contracts for her exclusive collectibles.
Lindsay Lohan will mint NFTs on Tron (TRX)
According to a press release shared with U.Today, American singer Lindsay Lohan is going to launch the public offering of her NFT collection on Tron (TRX) blockchain. Tron-based NFTs are minted in accordance with the recently introduced TRC-721 protocol.
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Image via Twitter
Tron has become an attractive platform for the NFT initiative due to the ballistic upsurge in Ethereum (ETH) gas fees. During periods of maximum network overload, it costs $100-$150 to authorize one transaction in Ethereum-based DeFis.
Thus, Tron Blockchain, with its low fees and high transactional speed, evolves into a viable alternative to Ether-based smart contracts. Also, Tron-based TRC-721 tokens are fully compatible with well-known ERC-721 NFTs.
Lindsay Lohan will start the auction of her Tron-based NFT collection on March 20, 2021. She is very optimistic about the prospects of the NFT segment as an instrument to democratize art markets:
Hollywood and the Music industry are finally waking up to crypto and it is in large part thanks to NFTs. The whole world has been keen to learn more about the NFT space. I couldn’t be happier to be a part of this revolution, helping to bridge the gap between creators and content admirers
Clubhouse session with Justin Sun will start soon
To clarify the details of the offering and her future plans in the blockchain segment, Lohan will host a Clubhouse session together with Justin Sun, inventor of Tron (TRX) and CEO of BitTorrent (BTT).
The meeting will start on March 18 at 10:30 p.m. PST. Mr. Sun highly appreciates the involvement of Lindsay Lohan and is excited about her NFT auction:
We welcome the launch of Lindsay’s NFT on the TRON blockchain. Lindsay is a true icon and has been very vocal about crypto, blockchain adoption and NFTs. I’m looking forward to an exciting discussion with her this Thursday.
As covered by U.Today previously, Tezos (XTZ) became the latest blockchain to join the NFT scene. It introduced an environmentally friendly marketplace, Hic et Nunc, where the artwork of renowned digital artists is offered.
Reddit Working on NFT Platform
The Reddit message board is getting into the NFT market, a new job posting suggests
Online message board Reddit is preparing to develop a platform for non-fungible tokens, according to a new job posting.
The San Francisco-headquartered company is looking for a senior backend engineer who will be responsible for building services that will make it possible for “millions” of users to mint and trade NFTs.
The job description highlights the importance of NFTs, predicting that they are going to “rewrite” the way we think about goods. It highlights a slew of use cases that are linked to the new technology:
Beyond visual art, there are already NFTs for music, videos, articles, and even memes. Many believe that NFTs will become the standard for items in online games, as well as items in the eventual metaverse.
Five years of experience in backend development and the ability to design complex distributed systems are the key qualifications required for the position.
Reddit co-founder Alexis Ohanian is a big fan of Ethereum and NFTs. At the MET Fashion Gala, he even wore a CryptoPunk NFT that he purchased for his wife, Serena Williams.
Playboy Releases Ethereum-Based Rabbitars NFTs, Presale Begins in 2 Days
Playboy has created Ethereum-based Rabbitars NFTs as ERC-721 tokens. The project’s website describes Playboy Rabbitars as a “lagomorphic-themed civilization of unique and non-fungible rabbits.” There are 11,953 of them, inspired by Playboy iconography, heritage and lore.
The news was shared by Chinese crypto journalist and blogger Colin Wu. He posted a screenshot from the project’s website, featuring some of the Playboy Rabbitars.
Playboy launched Rabbitars NFT, which will be officially sold in two days, with a Mint price of 0.1953 ETH. https://t.co/HzCIf6W9nT pic.twitter.com/FaQRskQEQZ— Wu Blockchain (@WuBlockchain) October 22, 2021
The sale will begin in two days at a mint price of 0.1953 ETH ($803). The website explains that in order to become an owner of such an NFT, a user needs to set up a Metamask wallet. However, NFTs will be available for sale both for fiat and crypto.
Those who want to pay in ETH need to load up their wallet at least two days before the sale starts. Presale for ETH will begin on Oct. 24. The public sale for U.S. dollars will start on Oct. 26, and the next day, users will be able to buy Rabbitars for ETH.
It is possible to order 1-2 NFTs during the presale. At a public sale, one user is allowed to buy up to ten Rabbitars.
Mars Land NFTs Released on Ethereum, MARS4 Tokens Listed on Bittrex, Sushiswap
Here’s how land plot on Mars can be obtained in a new-gen manner through NFT marketplace
Shortly after the release of an eccentric NFT-focused metaverse, the Mars Land project sees its core native utility asset, MARS4, listed by Tier 1 centralized exchange Bittrex and leading DEX SushiSwap (SUSHI).
Here’s how NFT instruments allow crypto enthusiasts to purchase land on Mars
The Mars4 team behind Mars Land, a novel digital collectibles project, has modeled a 3D map of Mars’ terrain based on the latest NASA data. The total area of Mars’ terrain is divided into 99,888 tokenized plots.
Then, the NFTs associated with segments of Mars Land are available for sale as non-fungible tokens. Mars Land NFTs are minted on Ethereum (ETH) blockchain and can be utilized in various digital economic initiatives.
Namely, Mars NFTs can be locked for staking and utilized for liquidity mining; therefore, Mars Land NFTs evolved into a full-stack instrument of passive income for cryptocurrency enthusiasts with various levels of expertise.
Mars Land NFTs are released in batches; 10,000 tokens are listed per epoch. Starting from Epoch 1, 51% of the income generated is redistributed among current NFT holders. By mid-October, there are more than 50,000 NFTs in circulation.
MARS4 listed on CEXes and DEXes: Why is this crucial?
Mars Land adheres to a dual tokenomic design: its architecture includes NFTs and MARS4 dollars. In total, there are four billion MARS4 tokens in circulation.
MARS4 tokens are now available on Bittrex, a veteran centralized cryptocurrency trading ecosystem. Bittrex offers the widest range of assets amidst all CEXes working in the United States.
Also, MARS4 tokens can be purchased on leading Ethereum-based decentralized exchange, SushiSwap (SUSHI). On SushiSwap (SUSHI), MARS4 tokens can be staked as well.