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Web3 Watch: ‘Ghost in the Shell’ and Bill Murray get new NFT collections

  • “Bill Murray 1000”, a collection of biographical NFTs, depicts acrylic paintings on canvas by Murray
  • FLUF world and Ripple establish a new blockchain The Root Network

Bill Murray’s NFT Fan Club

The Venkman startup project wants to transform the way brands use loyalty and rewards points to retain consumers – from tokenizing rewards points to granting NFT (non-fungible token) status, from airlines to businesses fintech.

Gavin Gillas, CEO of Project Venkman, told Blockworks that the key to building an NFT brand is asking potential buyers to “invest in a membership.” Benefits, such as exclusive access to events and intellectual property rights, should be built in collaboration with the community and founders, he added.

He likened the Blue Chip NFT Bored Ape Yacht Club (BAYC) community to a premier members-only social club.

“It’s your new alumni association or your new business association,” he said.

Project Venkman is launching its own NFT collection on the nascent new Coinbase marketplace featuring actor Bill Murray in conjunction with media company theCHIVE, co-founded by Murray’s son, Jackson.

“Bill Murray 1000”, a collection of biographical NFTs, depicts acrylic on canvas paintings by Murray. Each NFT includes stories that Murray has personally recorded about his life – from his love for the Cubs baseball team to meeting former President John F. Kennedy. Holders have access to in-person events with Murray and exclusive merchandise.

FLUF World

The FLUF World NFT project and its parent company Non-Fungible Labs hope to inspire NFT creators through their new Futureverse Foundation, a charitable endeavor in partnership with actor Keanu Reeves and artist Alexandra Grant.

The Futureverse Foundation aims to provide grants to artists around the world and exhibit their work on digital and physical platforms. Grant winners will be selected through a nomination process, and Reeves and Grant will act as advisors.

Additionally, Ripple (XRP) has invested in FLUF World to develop a new decentralized blockchain, The Root Network, through which creators can use smart contracts without having to write and implement the contracts themselves.

The root network was built alongside the XRP ledger (XRPL) to which Ripple contributes. XRP will be the default digital asset for transaction activity in the network’s multi-token gas economy, allowing the XRP community to access FLUF NFTs. Bridges to ETH networks through the Ethereum Virtual Machine (EVM) can also work on the root network.

The root network will provide the infrastructure for The Open Metaverse project which allows other projects to mint, buy, sell or trade networked tokens on the chain.

It’s a MADworld over there

NFT platforms MADworld and Ucollex have announced a partnership with Animoca Brands Japan and publishing company Kodansha to bring the popular manga series “Ghost in the Shell” and “Fairy Tail” to life.

The collaboration, announced at NFT.NYC last week, includes licensing the series’ intellectual property (IP) rights through NFTs to bring more “culture collectors” and “uninitiated fans” into Web3, according to Robert Tran, CEO of MADworld and Ucollex.

Asked about the challenges of IP licensing as it relates to NFTs, Tran said that despite the complex, expensive, and sometimes difficult to identify legitimate copyright and intellectual property licensing in NFT projects, the opportunity is huge, especially for anime creators.

“As global market demand grows, NFTs provide a level playing field for creators, as most anime artists work on a project basis and receive less than 10% of the revenue generated. In fact, our market information indicates that a significant number of Japanese manga artists have an average monthly salary of $1,000 to $1,500 per month,” he said in an email.

Cold security in tumultuous times

Blockworks connected with Ruben Merre, CEO of crypto hardware wallet maker NGRAVE, on the importance of cold security in light of recent crypto market conditions.

Blockages: How has the market downturn affected NGRAVE’s business?

More : Crypto holders at all levels have come to the general consensus that owning crypto on a centralized exchange or through a broker is something more relative than we might initially think. As a result, there has been a noticeable increase in interest and demand for self-service custody solutions and hardware wallets.

Recent events have served as a serious wake-up call and have definitely prompted individuals to ask critical questions regarding the ownership and decentralization of key players in the industry. Overall, I don’t expect to see people abandoning exchanges and brokers entirely, but going forward, a greater proportion of each individual’s funds will now be kept in cold storage.

Blockages: What has been the consumer sentiment when it comes to people moving off-exchange to protect their digital assets?

More : Users have told us that placing their holdings on their hardware wallet has literally allowed them to sleep soundly at night in these tumultuous times; safe in the knowledge that their assets are truly offline.

When the whole Celsius situation happened, people in Europe and North America were shocked to have their access to funds blocked, because for a time those regions had, for the most part, benefited from banks and stable financial institutions.

In some developing economies, however, this news was perhaps not so surprising. Traditional banks in some other economies have not necessarily been so stable, so the public seemed to better understand that this possibility existed when dealing with brokers and even exchanges.

Blockages: What are the current security issues that would make a user want to protect their NFTs?

More : Security issues range from phishing messages in hacked Discord groups, to hacked wallets, to private key leaks. We have already seen the number of NFT hacks increase at an alarming rate compared to last year, with financial losses until May this year.

You wouldn’t store a priceless work of art somewhere without first investing in high-level security measures such as safes, cameras or even security personnel, so why should it be any different? What about your NFTs?


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  • Ornella Hernández

    blockages

    Journalist

    Ornella is a Miami-based multimedia journalist who covers NFTs, the Metaverse, and DeFi. Prior to joining Blockworks, she worked for Cointelegraph and also worked for TV channels such as CNBC and Telemundo. She started investing in Ethereum after hearing about it from her father and hasn’t looked back. She speaks English, Spanish, French and Italian. Contact Ornella at [email protected]

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