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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong
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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

The Nightly Mint: Daily NFT Recap 2022-03-05

Taylor Scott
Taylor Scott
Last Updated: March 5, 2022 3:04 am
2 mins read

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Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Ad discliamer

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Another brand is putting their money where their mint is. And so is another festival. We’re closing the week strong with the latest Nightly Mint, and no matter what time of day it is for you, we’ll cap off a day’s worth of NFT action for Friday, March 4.

Let’s review the latest.

The Nightly Mint

SXSW With A Festival NFT

In an announcement today highlighting the merchandise offerings at South By Southwest (SXSW) 2022, the Austin, TX festival shared that there will be hats, tees, tote bags, posters, and naturally, NFTs. The fest will release their own PFP character, titled ‘SXSCritter,’ according to today’s release, next week on March 11.

Latest Mint: CVS Next On The Block

Brands have been pouring into NFTs for the past year or so now, and the latest non-traditional brand to do so is seemingly healthcare retailer CVS Health. A trademark application filing from late February was revealed today, showing details that the brand is looking to trademark its logo for use within virtual goods, NFTs, an online store, and more.

Related Reading | Bitcoin Leverage Ratio Remains High Despite Recent Drop

Polygon's (MATIC) Metaverse Lead Brian Trunzo went on record at ETHDenver to say he believes that retailers entering NFTs is just the beginning, and that he "think(s) that anything that can be come an NFT will become an NFT." | Source: MATIC-USD on TradingView.com

The ‘Minty Fresh’ Take

Not the freshest take of the Mint, but… despite the high hopes around Pixelmon, it looks like the fruits of the labor lied solely in ‘Kevin’ memes. Unfortunate. As pioneering crypto sleuth @zachxbt notes, the Pixelmon team is seemingly securing the bag. Pixelmon team social accounts still insist that they will see the project through.

Let’s examine what the Pixelmon team has been up to this week:

Refund buyers ❌
Send team members 96.2 ETH each ✅https://t.co/PVEp8HkRC7

(Remember the founder bought 400 ETH of NFTs just last week) pic.twitter.com/tNkYosWaxt

— ZachXBT (@zachxbt) March 5, 2022

Related Reading | Axie Infinity Ranks As Most Searched NFT On Google Search

Featured image from Pexels, Charts from TradingView.com
The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.
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Taylor Scott
Taylor Scott

Taylor Scott

Taylor specializes in crypto activity across sports and entertainment. With nearly a decade of engagement with cryptocurrency, Taylor has spent several years working in talent representation with musicians, comedians, and speakers, and achieved a Sports Business MBA in 2020.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
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