PYMNTS-MonitorEdge-May-2024

NFTs

NFTs Offer Cultural and Crypto Bridge for Newcomers Who Want Out of Fiat
NFTs Offer Cultural and Crypto Bridge for Newcomers Who Want Out of Fiat
September 23, 2022  |  NFTs

Non-fungible tokens (NFTs) are inextricably tied to blockchain technology and the wider crypto ecosystem by the nature of their technical design. In the early days...

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Liverpool FC Expands NFT Fantasy Sports Partnership With Sorare
Liverpool FC Expands NFT Fantasy Sports Partnership With Sorare
September 22, 2022  |  NFTs

English soccer team Liverpool Football Club (Liverpool FC) is deepening its partnership with French company Sorare, which operates player-owned fantasy sports games that issue virtual...

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NFT Weekly: Top Bid on Ethereum Merge Token Minted for $50K Is $268
NFT Weekly: Top Bid on Ethereum Merge Token Minted for $50K Is $268
September 20, 2022  |  NFTs

Someone just paid nearly $50,000 to mint an enormous nonfungible token (NFT) of the last block on the Ethereum chain before it switched over to...

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Today in Crypto: PGA Inks Partnership With Tom Brady’s NFT Marketplace Autograph
Today in Crypto: PGA Inks Partnership With Tom Brady’s NFT Marketplace Autograph
September 19, 2022  |  Cryptocurrency

As cryptocurrencies slid Monday, bitcoin hit a three-month low, Bloomberg wrote. The sentiment took a hit because of a spate of financial tightening that will...

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Some Gaming Companies Are Done Flirting With NFTs
Some Gaming Companies Are Done Flirting With NFTs
September 19, 2022  |  NFTs

Some gaming companies that were offering nonfungible tokens, or NFTs, to players as in-game rewards have decided their virtual worlds are better off without them....

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NFT Weekly: Starbucks’ Token Rewards; Beyoncé, Bruno Mars Hitmakers Go Ape
NFT Weekly: Starbucks’ Token Rewards; Beyoncé, Bruno Mars Hitmakers Go Ape
September 13, 2022  |  NFTs

Starbucks has been an early adopter of crypto — or at least an early experimenter — since 2019 when it first started testing various pay-with-bitcoin...

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Gen Z Turning Away from Crypto, PYMNTS Studies Suggest
Gen Z Turning Away from Crypto, PYMNTS Studies Suggest
September 13, 2022  |  Cryptocurrency

It’s pretty much accepted wisdom, and backed up by many studies and surveys, that the youngest consumers know the most about crypto — and are...

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Starbucks Launches Loyalty Program Built on NFT Tech
Starbucks Launches Loyalty Program Built on NFT Tech
September 13, 2022  |  Restaurant innovation

When it comes to quick-service restaurants (QSRs), Starbucks has some of the more loyal customers out there, with the brand’s rewards program often upheld as...

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Starbucks Deploying NFTs in Rewards Program
Starbucks Deploying NFTs in Rewards Program
September 12, 2022  |  NFTs

Starbucks is using NFTs to buttress its already formidable rewards program beginning today, the company announced. The NFTs, or non-fungible tokens, will let rewards program...

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