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Highlights
- LimeWire has started NFT operations, with names like Travis Barker and Nicky Jam
- Lions Not Sheep, which is popular for its clothing and accessories, has unveiled its digital assets
- Cryptoverse, reeling from things like Voyager’s bankruptcy, might find some optimism in NFTs
Amid all the disturbances in the cryptoverse, which include Voyager Digital’s bankruptcy filing, the NFT space is busy with the latest launches. NFTs or non-fungible tokens, known for their uniqueness where no single token resembles any other, are making noise in the second half of 2022.
The first half was dominated by the news of Madonna entering NFTs in collaboration with Beeple, and Coco Gauff using the Autograph platform to release her digital assets. Now, things have expanded, with a new marketplace LimeWire, and a new set of digital assets by a popular apparel company Lions Not Sheep.
Let us explore the two latest developments.
LimeWire NFT launch
LimeWire has now finally gone live as a marketplace for digital assets. After having teased NFT enthusiasts with the waitlist participation, LimeWire has unveiled its partnerships with some big names in the entertainment industry.
One of these is Travis Barker, a musician who also remains in the limelight for his relationship with one of the Kardashian sisters, Kourtney. The Travis Barker NFT can be listed soon on LimeWire, and for now, enthusiasts can have their hands on some LimeWire Originals NFTs. The platform invited people for Originals’ waitlist, which is now listed. It is notable that Barker’s NFT might represent a real drum kit.
Other names that can have LimeWire-listed NFTs include Nicky Jam, Aitch, Elijah Blake and Dillon Francis. These assets might be launched in a phased manner.
Also read: Understanding basics of cryptocurrency taxation in Australia
Lions Not Sheep NFTs
This Utah-based apparel company has taken a plunge into the digital assets space. Lions Not Sheep sells clothing and accessories on its own website as well as on e-commerce websites like Amazon.
The Lions Not Sheep NFT can be minted using a credit or a debit card, and the company claims that 1% of the mint revenue will be contributed to programs for military veterans. The company has also announced the launch of a metaverse-based event next year. The owners of Lions Not Sheep NFTs will have entry to the event, which will simultaneously be also conducted in-person.
After the company’s NFTs are minted, the process of purchase on marketplaces like OpenSea might start.
Bottom line
NFTs are being unveiled alongside new marketplaces like LimeWire, which might be some positive sign for the wider cryptoverse. How Lions Not Sheep NFTs and LimeWire’s new launches consisting of the Travis Barker NFT will perform might become clear only in the coming months.
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