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Luxury brand Tiffany & Co. is ready to ride the non-fungible token (NFT) wave. The company announced the launch of NFTiffs in a bold move to reach young and wealthy collectors. The collection will be available through CryptoPunks — one of the early pioneers of NFT collections — on Friday, Aug. 5. To no surprise, NFTiffs’ selling price is quite hefty, as only 250 NFTs will be up for grabs. The selling price is $50,000 (30 ether) and each customer can purchase up to three NFTs. “These clients obviously skew a bit younger than our [classic] client base. It’s an anonymous [population], it’s not like you know who owns what, but what we generally understand is that they are younger and very affluent, a lot of them made large amounts of money in the crypto sphere. People need to understand that a lot of the things in their world are linked to luxury like desirability, scarcity, trends — they understand the ups and downs,” said Tiffany & Co. Executive Vice President for Product and...
Drake is a man who’s not only confident in his bars but also in his gambling. According to HipHopDX, the rapper has reportedly bet over $1 billion on online gambling company Stake since joining in December 2021. View this post on Instagram A post shared by Our Generation Music (@ourgenerationmusic) While his personal favorite appears to be online roulette — playing from his laptop at home to even NBA games — Drake recently placed a $1.25 million bet, said to be in Bitcoin. The bets included the Los Angeles Rams winning the Super Bowl, as well as on his close friend and NFL star Odell Beckham Jr. scoring a touchdown. “All bets are in on the family,” he wrote on Instagram ahead of the football showdown. Following the Rams’ victory, Drake went on to receive his payout in CAD and Bitcoin, as previously reported by AfroTech. With plenty of the virtual gambler’s time spent on Stake, the outlet now reports he’s working with the platform for the greater good. In a joint Instagram post,...
Editorial note: The winning wagers listed here are a speculative estimate drawn from a variety of online sources. — Drake is most certainly always “busy getting rich” — or richer. And this time, it’s thanks to his Super Bowl wagers. As AfroTech previously reported, the “Controlla” rapper wagered more than $1.25 million of his own money into Super Bowl wagers, and he won two out of the three bets he placed. The Action Network reported the breakdown of Drake’s wins. For betting on Odell Beckham Jr.’s anytime touchdown, he banked more than $710,000 USD. And for betting on a Rams win, he banked more than $710,000. So, we decided to do the math. That means, in total, he won more than $1.4 million USD. Considering he wagered the equivalent of $1.25 million USD, Drake potentially netted a profit of about $150,000 USD on the Super Bowl. And as AfroTech previously reported, it looks like Drake will be receiving his payout in Bitcoin, based on his Instagram post about the matter. And while...
Sometimes you’ve got to just see life with a clear eye view — literally. NFL player and entrepreneur Jaylon Smith has always approached life with a “clear eye view” mentality. As a native of Fort Wayne, IN Smith has always had big dreams. Yet, with achieving those dreams, he knew that he had to share the wealth with his community no matter where life takes him. That journey led to him partnering with fellow Fort Wayne, IN native, Jamal Robinson, to launch CEV Collection, an elevated eyewear brand that adds our sauce to the spectacles or shades that we sport. Courtesy of CEV Collection “Having a focused vision or determined belief in [my] dreams has guided me to where I am today and has allowed me to operate throughout my entire life and live for the man above,” Smith said in an exclusive interview with AfroTech. For Smith, it was about being a part of something different when it came to determining the best business venture to step into. He wanted to create something that was both...
Odell Beckham Jr. might have lost his money in Bitcoin. According to a new report from Total Sports, the Rams player may currently be feeling the burn from the current Bitcoin crash. “On November 12, Odell Beckham Jr. signed a deal with the Rams worth $750,000. He announced he would take that in Bitcoin,” reports the outlet. “At the time, Bitcoin was worth $64,293. Today, it is worth $35,400. Today, that deal is worth $412,953. Odell will be taxed on $750,000. Federal & CA state tax will be 50.3% That means Odell, as of now, has netted $35,703 from the Rams contract this year.” Back in August of 2021, AfroTech reported that Odell Beckham Jr. entered t he cryptocurrency world after purchasing a CryptoPunk 3365. Then, in November 2021, we also reported that he would be taking his NFL salary in Bitcoin. Odell made the deal in partnership with CashApp. And he’s far from the only professional athlete to take a salary in Bitcoin. As AfroTech also previously reported, Russell Okung made...
Klay Thompson and Andre Iguodala just became the latest professional athletes to get paid in Bitcoin, joining others like Odell Beckham Jr. I’m BACK and changing it up: excited to take part of my paycheck in bitcoin thanks to Cash App! I’m with bitcoin because I believe it’s the future of money 🌚 Plus I’m giving out $1M in btc with @andre right NOW. Just follow @CashApp + drop your $cashtag below w/ #PaidInBitcoin pic.twitter.com/bUYC6SxkMj — klay thompson (@KlayThompson) January 10, 2022 “I’m BACK and changing it up: excited to take part of my paycheck in bitcoin thanks to Cash App! I’m with bitcoin because I believe it’s the future of money,” Klay Thompson wrote on Twitter. “Plus I’m giving out $1M in btc with @andre right NOW. Just follow @CashApp + drop your $cashtag below w/ #PaidInBitcoin.” His teammate Andre Iguodala echoes the same sentiment as Klay Thompson and adds that he, too, will receive a portion of his salary in Bitcoin. And, what’s more, is that the move marks a...
Historically Black Morgan State University is partnering with the National Football League (NFL) to launch a data analytics initiative and a career development program, the university shared in a recent press release. The newly created Data Analytics Education and Research Initiative at Morgan State will provide students with opportunities to conduct in-depth research on sports, e-sports, fintech and related business areas by using different data analytics tools. The program will also offer educational boot camps in data analytics and data visualization. Morgan State’s new initiative will be managed through its Center for the Study of Blockchain and FinTech (The FinTech Center) at the Earl Graves School of Business. “We are excited that our partnership with the NFL highlights the increasing need to train data analysts,” said Dr. Ali Emdad, associate dean of Morgan State’s school of business and management and founding director of the university’s FinTech Center, in a statement....
Earlier in 2021, National Football League (NFL) player Odell Beckham Jr. joined the lineup of celebrities venturing into cryptocurrency. The Los Angeles Rams wide receiver entered the non-fungible token (NFT) space after purchasing a CryptoPunk 3365, AfroTech previously reported. Now, he is one of the latest to want to be paid in digital currency. In a partnership deal with Cash App, Odell Beckham Jr. announced that he would receive his $4.25 million salary for the 2021-2022 NFL season in Bitcoin, Decrypt reports, joining other players like Russell Okung, the first player in the NFL to receive his payout via Bitcoin. As Beckham Jr. is entering into the season with a new NFL team and a Bitcoin salary, he’s showing gratitude to his fans for riding along with him. While we’re in the season of giving thanks, Beckham Jr. will be giving away $1 million in Bitcoin to his fans on Twitter. “It’s a NEW ERA and to kick that off I’m hyped to announce that I’m taking my new salary in Bitcoin...
The iconic art of Jean-Michel Basquiat is heading to the digital space. On Dec. 3, rare images of Basquiat turned into non-fungible tokens (NFTs) will be auctioned in Miami, according to a press release. The “Our Friend, Jean” NFT Auction will take place on the Trillernfts.com marketplace — a first-of-its-kind company. The NFTs are set to be released during Basquiat’s historic week-long exhibition — curated by The Bishop Gallery and hosted by Triller — at Art Basel from Nov. 29 through Dec. 4. The event will feature photos of Basquiat that were taken by co-curator Alexis Adler, the artist’s close friend and roommate. Some of Basquiat’s earliest artwork will be highlighted during the digital curated experience. The artworks will be on loan from collectors who were friends of Basquiat including Adler, Al Diaz — Co-Creator of SAMO — Jane Diaz, Hilary Jaeger, Katie Taylor and Lucy Sante. Courtesy Photo Their rare photographs collection aims to give the artist’s fans insight into more...
When Odell Beckham first began playing ball at Louisiana State University, he probably had no idea he’d go on to make National Football League (NFL) history. But in the short time that he’s been in the public eye, that’s exactly what he proceeded to do. If you’re a football fan, you know that rooting for the New York Giants can be a fool’s game. Yet, Odell Beckham gave the hard-up fans something to believe in. “During his five seasons with the Giants, Odell broke numerous league and franchise records. In 2016, Beckham became the fastest player in NFL history to reach both 4,000 career receiving yards and 200 career receptions,” reported Celebrity Net Worth, who added that his impressive $40 million net worth belies his various investments, salary earnings and other ventures. And despite his success, Odell Beckham remains as good-natured as he always was. In addition to inspiring the meme “Things Odell Can Catch” — which he took in great stride — he has donated his time, money, and...
Newly launched cryptocurrency firm Meta4 Fund Management (Meta4) announced a bold fund seeking to invest in the ever-growing cryptocurrency space. The Meta4 NFT Fund aims to collect $100 million through a partnership with Andreessen Horowitz operating as the lead investor. As AfroTech previously told you, n on-fungible tokens (NFTs) are a “one-of-a-kind trading card” useful for establishing ownership of photos, videos and digital files through blockchain technology. “NFTs are more than just pixels. It’s the intersection of culture, technology, and finance. It represents a new way of thinking about the ways in which ‘value’ is accrued, harnessed, and distributed,” said Brandon Buchanan, managing partner of Meta4 Fund Management, according to Reuters. Currently, the amateur fund is hoping to strike it big with highly popular NTFS including CryptoPunk, CryptToadz, BoredApe Yacht Club and Zed Run, Markets Insider reports. The Meta4 Capital fund was an initiative to purchase digital land...
Golf legend Tiger Woods is taking a swing at non-fungible tokens (NFTs) with the release of his first collection. According to USA Today, on Sept. 21 Woods released 10,000 NFTs through Autograph — a NFT platform co-founded by Super Bowl champion Tom Brady. “The intersection of sports and technology is such an interesting space to me, and I’m thrilled to partner with Autograph as they lead the charge by ushering a new era of digital collecting,” Woods said. “It’s been an honor to join their advisory board among so many iconic athletes, and I’m looking forward to bringing fans closer to my memorable sports moments at an accessible price, and to the game I respect so much.” Woods’ collection comprises of 10,000 digital images of himself, which is available for purchase and sold exclusively on DraftKings Marketplace, USA Today reports. USA Today also reports that Woods’ first batch of digital images range from $12 to $100. A $100 option is available for 375 limited editions. A special...
This rapper is entering into new territory. As both a rapper and businessman, Yo Gotti helms as the founder of Collective Music Group. The record label has signed heavy hitters like 42 Dugg, Moneybagg Yo and Blac Youngsta. Now, the music boss is stepping into new territory setting his eyes on a new business venture. According to The Washington Post, Yo Gotti has joined petroleum executive Eyob “Joe” Mamo as a part of an investment group for Major League Soccer (MLS) team D.C. United. Other affiliates associated with the group have not been identified but are speculated to be in the national business sector. The group is projected to gain a six percent stake in the MLS if approved. Yo Gotti has reached an agreement to purchase a minority stake in D.C. United, per @novy_williams . The rapper is part of a group that will gain about a 6% stake in the MLS club, pending approval. In June, RB Mark Ingram also invested in the team at a valuation of about $710M. pic.twitter.com/v5vUaHhWXb —...
The worlds of cryptocurrency and Hip-Hop continue to collide. Rapper Ja Rule recently helped launch Flipkick.io — a non-fungible token (NFT) marketplace — alongside co-founders Robert Testagrossa and James Cropcho. According to Bitcoin.com, it’s “a full-service NFT marketplace that caters to artists, celebrities, and creators who want to monetize their work with physical NFTs.” “It’s just a smart thing to be able to authenticate physical artworks cryptographically and let these amazing artists be able to enjoy the fruits of their work and it was never possible before in the past. So I really applaud what Flipkick is as far as the physical NFT space,” Ja Rule told Bitcoin.com. Ja Rule’s love for the tech space drew him to hopping on board with Testagrossa and Cropcho to bring the unique idea of Flipkick to life. “As I got into NFTs I noticed a dope project and the whole angle was something different, which I really loved,” Ja Rule told Bitcoin.com. “The angle of taking physical works...