Starbucks is pulling the plug on its NFT rewards program, shutting down its Discord server and transitioning its marketplace, and Indian Railways is celebrating the Hindu festival of Holi with NFT train tickets.
marketplace SuperRare expanding into Bitcoin Ordinals and the American rapper Ghostface Killah releasing music on Bitcoin. Find out how Indian Railways celebrate a festival with NFTs and why Starbucks is winding down its NFT rewards program.Coffee retailer Starbucks announced that its rewards program that lets customers collect NFT stamps will end, giving way to new initiatives.
However, the coffee company said that the Odyssey marketplace, where users trade digital stamps, will transition into a Nifty Marketplace where users can continue to buy and sell stamps.Dennis David Coles, an American rapper known as “Ghostface Killah” from the hip hop group Wu-Tang Clan, said he would release music on Bitcoin Ordinals. The rapper announced that the collection will have a 10,000 supply and will be a free mint.
According to the rapper, holders of the NFTs will have Creative Commons Zero rights to the music. This means that copyright interest is waived, letting them build on the work as they want.To celebrate the Hindu festival of Holi, Indian Railways will provide NFT tickets for trains bound for Delhi between March 20 and April 2. Passengers of two newly launched trains will receive their tickets in the form of NFTs.
With NFT tickets, the country aims to enhance the travel experience by giving personalized digital collectibles that can be verified through the blockchain. The Indian Railway Catering and Tourism Corporation said that the tickets are not just a digital souvenir but also a celebration of culture.NFT marketplace SuperRare announced its venture into the Bitcoin Ordinals space in collaboration with the art platform Gamma.
Zack Yanger, senior vice president of SuperRare Labs, said the move is a response to their artist community showing significant interest in Bitcoin Ordinals. To celebrate the move to integrate Bitcoin NFTs, the company collaborated with artist Killer Acid to launch a Bitcoin-based NFT collection.Thanks for reading this digest of the week’s most notable developments in the NFT space. Come again next Wednesday for more reports and insights into this actively evolving space.BTC price dip hits 17.
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