First Week Of 2022 Sees Major NFT Movement

Various non-fungible tokens (NFTs) were launched during the first week of the year. The companies have come up with different ideas, such as Samsung launching TV for NFTs, while the Australian Open becomes the first-ever Grand Slam championship to launch its own NFTs and a series of metaverse events . Meanwhile, singer-songwriter, producer and versatile musician AR Rahman has also jumped into the world of NFT with a partnership with the HBAR Foundation. In addition, E-Cell IIT Bombay has launched its own NFT and claims to become the first student-run organization to launch an NFT.

NFTs are digital assets that use the blockchain to document ownership of items such as images, videos, and other collectibles.

AR Rahman’s entry into the NFT

The HBAR Foundation on Thursday, January 6, announced a partnership with Indian composer, producer and musician AR Rahman to create content for a new NFT music platform focused on India’s independent music community. It provides grants and organizational support for the development and growth of the NFT platform, which is slated to launch in the first quarter of 2022.

“Glad to announce our partnership with @arrahman – Grammy & Golden Globe-winning composer, producer and musician – to create a #NFT music platform promoting independent Indian artists. Huge value for the @Hedera ecosystem and the vibrant music of India community, ”the HBAR Foundation tweeted.

open from Australia

The Australian Open becomes the very first Grand Slam championship to launch its own NFTs and a series of Metaverse events. “A new era. A new arena. It’s time to take tennis to another dimension. Introducing @aometaverse, more soon …” tweeted the official Australian Open account.

Bruce Lee’s NFT Entry

The estate of movie star and martial artist Bruce Lee has also entered the NFT world. On January 8, 2022, the Bruce Lee Family Company and the NFT Ethernity Protocol launched Lee’s first NFT collection. Lee’s NFT compilation aims to “commemorate the life and legacy of martial arts pioneer, philosopher and global action movie star,” Bitcoin News quoted from Ethernity’s press release.

Samsung NFT TV launched

South Korea-based TV maker Samsung announced on Monday that its next TVs will support NFT commerce, starting with its 2022 TV line-up, IANS news agency reported.

Launch of the NFT E-Cell IIT in Mumbai

With the growing interest in blockchains, digital art and NFTs, “it is imperative that students enter the crypto world to educate young people,” E-Cell said IIT Bombay when launching its own NFT on January 6, 2022. According to them, they are the first student-run organization to launch an NFT.

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