Not quite to the moon: Aussies offered NFT that could send them to space

United States News News

Not quite to the moon: Aussies offered NFT that could send them to space
United States Latest News,United States Headlines
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

A Web3 start-up is offering Australians a chance to take part in an innovative NFT sweepstakes project that may take them as close “to the moon” as they’ll ever get.

Australians may not ever see their nonfungible tokens take them “to the moon,” but they might be able to get to the next best place — the edge of space.sweepstakes startup, has recently signed a partnership with stratospheric exploration company World View, offering its NFT holders a 1-in-7,000 chance to win a priority seat in a World View space flight in 2024.

Canard said he thought the space flight was a “great way to launch,” even if it wasn’t necessarily sending someone “to the moon.”He explained that his Web3 company wanted to use blockchain to power its space flight sweepstakes project as the technology allows the draw to be “safe, secure and transparent.”

However, it puts a unique spin on the sweepstakes process, as it employs a gradual elimination process to determine a final winner. Canard explained that at each step, eliminated NFT holders or new buyers would be encouraged to participate in the secondary sales market for the surviving NFTs.Canard said his hopes for the company’s space flight project will showcase the capabilities of its blockchain technology.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Cointelegraph /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mergers and Acquisitions Innovation for DeFi and Web3 Pushed Forward, Crypto Collapse Phoenix – Sponsored Bitcoin NewsMergers and Acquisitions Innovation for DeFi and Web3 Pushed Forward, Crypto Collapse Phoenix – Sponsored Bitcoin NewsIn 2021, the global cryptocurrency market was valued at US$ 1,782 Billion. Sectors like DeFi and NFTs allowed individuals to earn high yields on their
Read more »

Web3 game developer Xterio raises $40 million in SAFT saleWeb3 game developer Xterio raises $40 million in SAFT saleWeb3 game developer and publisher Xterio has raised $40 million from FTX Ventures and others at a $300 million valuation.
Read more »

Web3 gaming firm Limit Break raises $200 million across two roundsWeb3 gaming firm Limit Break raises $200 million across two roundsLimit Break firm incorporates NFTs and other web3 elements into the 'free-to-play' payment model for mobile games.
Read more »

Luabase raises $4.5m to get reliable web3 data at scaleLuabase raises $4.5m to get reliable web3 data at scaleLuabase, a start-up that is making blockchain data cheaper and easier to use, has raised $4.5 million from Costanoa Ventures, 6th Man Ventures, and the founder of thirdweb, a platform for developers to build applications.
Read more »

GameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger – Interview Bitcoin NewsGameSwift CEO Wojciech Gruszka Explains Why Developing a Steam-Like Web3 Platform Is a Gamechanger – Interview Bitcoin NewsGameSwift is a one-stop gaming ecosystem that aims to introduce cross-chain interoperability to web3 gaming. Chain, Web3 Infrastructure, Platform, and
Read more »

Gala Games Announces Launch Date for Spider Tanks – Press release Bitcoin NewsGala Games Announces Launch Date for Spider Tanks – Press release Bitcoin NewsPRESS RELEASE. Jackson, Wyoming (August 29, 2022) – Gala Games, the leading pioneer in web3 entertainment and blockchain gaming, today announced that
Read more »



Render Time: 2025-02-23 11:23:07