TikTok embraces NFTs with creator-led collection
The NFT launch features prominent TikTokers including Lil Nas X, Bella Poarch, Curtis Roach, Brittany Broski and others. Social media platform TikTok has announced its first foray into the nonfungible token, or NFT, market with a new collection inspired by its leading trend-setters.On Thursday, the company announced TikTok Top Moments, a new program that allows content creators to be recognized and rewarded for their content. The NFT drops will be launched on Ethereum and powered by Immutable X, a new scaling solution for layer-two NFT protocol Immutable. TikTok Top Moments is said to....
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Social media platforms have had their foot on the gas lately, and now TikTok is digging in deeper. Earlier in the week, we took the first look at NFTs on Twitter. Now, a recent announcement from TikTok has shared that creator-curated NFTs are on their way, powered by Immutable X. The move is another huge […]
The Better Business Bureau (BBB) has warned about cryptocurrency scams on Tiktok. “You are scrolling through Tiktok when you come across a video showing a pile of cash. The creator says they earned the stack of money in just a few days by investing in cryptocurrency,” the BBB detailed.
Crypto Scammers Defrauding Tiktok Users
The Better Business Bureau (BBB) warned of cryptocurrency scams on the popular video-hosting platform Tiktok Friday. Founded in 1912, the BBB is a private, nonprofit organization that empowered people to find businesses, brands, and charities....
With TikTok facing the prospect of removal from the United States, users should realize that traditional tech companies are far less reliable than the decentralized web. People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many of those most reluctant to embrace Web3 are very successful on Web2. Since they’ve mastered monetization on popular Web2 platforms such as TikTok, Twitch and others, why bother learning the rules of a new game? The current regulatory debate around restricting TikTok in the U.S. provides a salient example of the risks....
Two influential giants in the world of entertainment and fashion, Puma and Roc Nation, have joined forces to create an extraordinary sneaker collection that celebrates the cultural impact of hip-hop and embraces the cutting-edge technology of non-fungible tokens (NFTs). Related Reading: XRP Ruling Sparks Senator Lummis’ Call For Transparent Crypto Regulations The RS-XL Mixtape sneaker […]
Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police NFT collection. First Government Entity in UAE to Mint NFTs Dubai Police is set to roll out its next collection of non-fungible tokens (NFT) just months after the initial collection saw nearly 23 million people show an interest in acquiring them, a report has said. According to the report, the law....