10 August 2023

Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx

The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...

NBA Basketball Team Cleveland Cavaliers Launch A Clean NFT Fan Experience On Sweet Using The Tezos Blockchain

NBA basketball team Cleveland Cavaliers have launched a clean NFT fan experience on Sweet using the Tezos blockchain.

Cleveland Cavaliers

The NBA basketball team Cleveland Cavaliers has launched a clean NFT fan experience on Tezos-based NFT platform Sweet.

“Secure and customize your own exclusive digital Cavs locker! Collect unique digital items that commemorate your experience during each Cavs home game. Special fan rewards and hidden features will be revealed all season long.”

The free locker was unveiled to fans at a thrilling NBA game between the Cleveland Cavaliers and the Indiana Pacers on February 6th where the Cavaliers rallied from a 20-point deficit to beat the Pacers 98-85.

At the game, fans were invited to take up the chance to open up their free ‘My Cavs Locker’ clean NFT experience. In this experience, fans were able to open their lockers up to receive collectible NFTs from games as the season progresses.

Sweet stated:

“…the Cleveland Cavaliers came back in the 4th to beat the Pacers, Kevin Love put on a show, Jarrett Allen WAS the highlight reel and the Cavs Locker opened up in the 3rd to reveal the “Let Em Know” digital collectible. And the fans went wild!

#NFT programs like M̳y̳ ̳C̳a̳v̳s̳ ̳L̳o̳c̳k̳e̳r̳ really have the power to engage fans in remarkable ways- In this case, fans come home from a game with this piece of digital memorabilia in their pocket… collectibles tied to visceral experiences like Kevin Love’s around the back pass to Cedi Osman for a 3-pointer that lit the place up!”

Multiple sport teams have launched NFT fan experiences on the Tezos blockchain in the past year.

Current NFT experiences are from the 2022 world champion F1 racing team Red Bull F1 RacingMcLaren Racing, world-class baseball team the New York Mets,  E-sports Organization ‘Team Vitality’,  sports streaming service FloSports and World famous English football team Manchester United.

Most teams mention they chose Tezos for it’s fast and cheap transactions, decentralization and user friendly options that allow for easy onboarding.

Another strongpoint is the low energy consumption of the Tezos blockchain without compromising its decentralization. Tezos’ low energy consumption allows users to mint an NFT while spending the same amount of energy as it cost to send a Tweet.

The Tezos Twitter account also tweeted to mark the event:  

Upload Article

Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.

Hidden
Hidden
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Banner Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: pdf, doc, docx, Max. file size: 128 MB.
Submit Article: Suitable Formats = PDF, WORD
By Uploading an article, you are accepting all to all copyright and information that is to the best of your knowledge true and accurate.
Agree(Required)

Other News

View More

Updated Tezos Wallet App for Ledger Devices Introduces Enhanced Features

The Tezos wallet app for Ledger devices has been updated to version 3.0.3, introducing several significant enhancements that streamline the user experience and increase transaction security. This latest update offers important improvements designed to facilitate safer and more efficient interactions with the Tezos blockchain.

Read More

Magic to Accelerate Integration of the Tezos Blockchain with Support from the Tezos Foundation

The Tezos Foundation and Magic, the Wallet-as-a-Service provider, have announced a groundbreaking collaboration aimed at revolutionizing the accessibility and usability of Web3 technologies. This strategic partnership will utilize the pioneering decentralized Tezos blockchain and marks a significant milestone in the journey towards a more inclusive and user-friendly decentralized web experience.

Read More

Oxford 2 Upgrade for the Tezos Blockchain: Private Smart Rollups, Easier Baking, new Timelocks 

Tezos, a leading blockchain platform renowned for its self-amending capabilities and community-driven governance, has successfully activated Oxford 2, its fifteenth core protocol upgrade. The Oxford 2 upgrade includes enhancements to Smart Rollups and chain security and ensures Tezos remains at the forefront of blockchain innovation.

Read More