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Amazon NFT Marketplace Set for Launch
March 8, 2023
MINS
The world's largest online retailer joins the NFT craze with its own platform, offering customers digital collectibles linked to physical goods.
NFTs Linked to Physical Goods
Amazon, the world's largest online retailer, is reportedly set to launch its own NFT marketplace in April.
The platform will have 15 NFT collections available on launch for US-based customers, before expanding worldwide. Customers will be able to purchase the digital collectibles with their Amazon account via debit or credit cards, without needing a crypto wallet.
What makes Amazon's NFT marketplace different from other platforms is that the NFTs will be linked to physical goods such as clothing. After the initiative is launched, customers will be able to purchase fashion-oriented NFTs that are linked to physical clothing, such as jeans, trainers, and sweatshirts.
These NFTs will be delivered to customer NFT accounts while the physical clothing is being delivered to the customer's doorstep. This move by Amazon follows in the footsteps of Nike, which has been at the forefront of linking NFTs with physical goods.
The Amazon NFT initiative has been in development for months, and the company has been taking progressive steps towards incorporating more Web3 features into its platforms. In January, Amazon reportedly launched a digital assets enterprise involving NFTs, and the company also partnered with web3 firm Ava Labs to accelerate the adoption of blockchain technology.
With the launch of its NFT marketplace, Amazon joins the growing list of companies venturing into the world of non-fungible tokens. It will be interesting to see how Amazon's foray into the NFT market affects the industry and how it will compete with other well-established NFT marketplaces.
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Chainlink Launches Staking v0.2 With Exclusive Migration Window for Early Adopters
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November 29, 2023
Accoriding to the Chainlink team, the upgrade, known as Chainlink Staking V0.2, brings a range of enhanced features and opportunities for community members and node operators.
Chainlink Unveils Staking V2
Chainlink has introduced the latest upgrade to its native staking protocol with the launch of Chainlink Staking v0.2.
As per a press release, existing v0.2 stakers can migrate their staked LINK and accrued rewards starting Nov. 28 until Dec. 6. This nine-day Priority Migration phase reportedly guarantees a seamless transition for early participants.
As of December 7 at 12PM ET, LINK token holders meeting predefined eligibility criteria gain exclusive access to staking during a four-day period before General Access. From December 11 at 12PM ET, the opportunity extends to all, provided the pool limit has not been reached.
Community Stakers can engage with a minimum stake of 1 LINK and a maximum of 15,000 LINK during both Early and General Access, though entry is not guaranteed due to the capped pool size. Node Operator Stakers, on the other hand, can stake between 1,000 LINK and a maximum of 75,000 LINK.
The capped 45,000,000 LINK pool at the launch of Staking v0.2 includes an allotment of 40,875,000 LINK for community members. The remaining allocation caters to Chainlink node operators currently serving Chainlink Data Feeds.
According to Chainlink's recent statement, the introduction of Staking v0.2 is in line with Chainlink Economics 2.0, emphasizing the cryptoeconomic security of the Chainlink Network and bringing new improvements and features.
Last December, Chainlink launched staking v0.1. In the first phase of Chainlink Staking, a staking pool was established to secure the ETH/USD Data Feed on the Ethereum mainnet. Its initial cap was 25 million $LINK, 2.5% of the total supply.
$LINK is trading at $14.7, up 4.37% in the last seven days, with a marketcap of $8.2 billion.
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Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
Disclaimer: Overall it is vital to proceed with caution when purchasing tokens that have just been listed. For those who have not already read our articles on safety in the BSC it is crucial to reference the following items, HERE and HERE.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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