In this week’s newsletter, read about nonfungible token (NFT) marketplace SuperRare expanding into Bitcoin Ordinals and the American rapper Ghostface Killah releasing music on Bitcoin. Find out how Indian Railways celebrate a festival with NFTs and why Starbucks is winding down its NFT rewards program.
Starbucks says its NFT rewards program must come to an end
Coffee retailer Starbucks announced that its rewards program that lets customers collect NFT stamps will end, giving way to new initiatives. The “Odyssey Beta program” — a Starbucks rewards program allowing customers to play coffee-related games in return for NFTs — will shut down on March 31.
However, the coffee company said that the Odyssey marketplace, where users trade digital stamps, will transition into a Nifty Marketplace where users can continue to buy and sell stamps.
Wu-Tang clan’s Ghostface Killah drops exclusive music as Bitcoin Ordinals
Dennis David Coles, an American rapper known as “Ghostface Killah” from the hip hop group Wu-Tang Clan, said he would release music on Bitcoin Ordinals. The rapper announced that the collection will have a 10,000 supply and will be a free mint.
According to the rapper, holders of the NFTs will have Creative Commons Zero rights to the music. This means that copyright interest is waived, letting them build on the work as they want.
All aboard as Indian Railways rolls out NFT train tickets
To celebrate the Hindu festival of Holi, Indian Railways will provide NFT tickets for trains bound for Delhi between March 20 and April 2. Passengers of two newly launched trains will receive their tickets in the form of NFTs.
With NFT tickets, the country aims to enhance the travel experience by giving personalized digital collectibles that can be verified through the blockchain. The Indian Railway Catering and Tourism Corporation said that the tickets are not just a digital souvenir but also a celebration of culture.
SuperRare Expands into Bitcoin Ordinals, Unveils “No Brainers” NFT Collection
NFT marketplace SuperRare announced its venture into the Bitcoin Ordinals space in collaboration with the art platform Gamma. With the partnership, SuperRare, which originally only supported Ethereum transactions, will venture into supporting multiple blockchains.
Zack Yanger, senior vice president of SuperRare Labs, said the move is a response to their artist community showing significant interest in Bitcoin Ordinals. To celebrate the move to integrate Bitcoin NFTs, the company collaborated with artist Killer Acid to launch a Bitcoin-based NFT collection.
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Thanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.