xNFT: X-factor NFTs Elevating the World of Fan Engagement
For decades, people have sought ways to interact with their celebrities and idols on a more personal level. The advent of social media has created new opportunities, although it is not a foolproof solution either. Olyseum’s NFTs put a different spin on the concept through a more accessible and identifiable solution. The Olyseum Mission Even […]
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PRESS RELEASE. Geneva, Switzerland, June 28, 2021 — Olyseum, a blockchain-powered social ecosystem that rewards fan engagement, is excited to announce that it has launched the world’s first star-led experiential NFT (xNFT) platform. The platform aims to fundamentally change the landscape of fan engagement by taking NFTs to the next level. Olyseum enables gamified, authentic, and meaningful interactions between celebrities and fans. More than 30 stars with hundreds of millions of combined social media followers had joined the platform even before its official launch, including....
Australian basketball media company, Basketball Forever is using NFTs to massively increase fan engagement. Australian media company Basketball Forever has announced an NFT project titled Hoop Hounds which seeks to increase NBA fan engagement and provide substantial real-world utility for the tokens. Critics of NFTs have consistently taken aim at the supposed ineffectual nature of the tokens, with “right click save” memes doing the rounds. However, more recently there has been an uptick in utility-focused NFT projects, such as Bored Ape Yacht Club and Top Shot, where holders are provided....
A look at the many ways in which nonfungible tokens are being utilized to increase fan engagement in the sports sector. Nonfungible tokens (NFTs) have grown a lot in popularity since the release of CryptoKitties in 2017, with the sector expected to move over $800 billion in the next two years. Some of the most well-known use cases for NFTs are picture-for-proof projects such as the Bored Ape Yacht Club and play-to-earn gaming projects. NFTs have also attracted attention from the sports industry, with professional sports leagues setting up their own platforms for fans to engage with their....
Spider-Man NFTs, a digital rock that costs more than a car, and the first dive of collegiate engagement in non-fungible tokens. It’s just another week in NFTs. However, it’s not all sunshine and rainbows. Popular crypto analyst Mr. Whale shared some sentiments this week that describe NFTs as pure money laundering schemes. Let’s take a […]
Could we see an entire revitalization on the way science research is funded and formed? NFTs have massive potential to disrupt a number of different industries. Sure, we’ve seen NFTs ingrain themselves in the worlds of collectibles, art and entertainment, and fan engagement (a certainly non-exhaustive list). Now, more and more individuals and organizations are […]