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...

Sweet NFT Platform Adds Tezos As First Non-EVM Chain

Until now, Sweet NFT platform only supported Ethereum ERC721 standard on Polygon / Matic and Ethereum Mainnet. From today, Sweet NFT also supports Tezos-based NFTs, starting with the NFT fan experience for the Formula 1 racing team McLaren Racing.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

Sweet NFT & Tezos

Until now, Sweet NFT platform only supported Ethereum ERC721 standard on Polygon / Matic and Ethereum Mainnet. From today, Sweet NFT also supports Tezos-based NFTs, starting with the NFT fan experience for the Formula 1 racing team McLaren Racing. 

McLaren Racing is revolutionizing the digital collectibles space by providing fans with unprecedented views of the MCL35M car parts as true 3D NFTs that can be spun around, fidgeted with, and viewed from all angles.

Additionally McLaren Racing has gamified the entire collectors experience as their fans race to collect all the individual 3D car components to unlock the interactive 3D MCL35M Formula One car and access unique fan experiences.

We built the entire McLaren Racing Collective on Tezos for its ecofriendliness, and its compatibility with broad scale use cases and applications for NFTs. 

Tezos allows us to continue to prioritize and maintain a seamless, user-friendly digital collecting experience. We expect to see a large move into Tezos NFTs across many IP holder verticals and marketplaces.” said Tom Mizzone, CEO of Sweet.

The Sweet NFT platform is the first NFT platform that adds Tezos-based NFT support next to Ethereum-based NFT’s. So far NFT platform Opensea has announced to add support for Tezos, but has yet to fulfill that promise. 

Sweet is creating exciting ways for brands to offer digital collectibles to their audiences. Adding support for Tezos unlocks a new wave of growth for the leading NFT marketplace by adding an energy-efficient, scalable blockchain network and welcoming the vibrant Tezos NFT community to the highly intuitive, user-friendly Sweet NFT Marketplace and wallet.

The integration will enable even the less-crypto savvy McLaren Racing fans to collect, create, and sell Tezos NFTs on Sweet. To reserve a complimentary McLaren Racing NFT and join in the experience go to McLarenRacingCollective.com before October 24th.

McLaren Racing will release their NFT fan experience on Sweet, powered by Tezos, beginning  Sunday, October 24, 2021 at the US Grand Prix in Austin, Texas.

With the release of this first-round series of McLaren Racing collectibles, McLaren joins Sweet’s roster of partners across the National Hockey League, the National Basketball Association, Burger King, Estee Lauder Corporation, Dave & Buster’s, Keb Mo, Lil Pump, Pentatonix, and many more to be announced in the coming weeks.  

Sweet NFT created a user-friendly NFT experience for non-crypto savvy users. This means that Sweet NFT wallets are not initially supported by Metamask, Kukai or Temple and the likes. This functionality might be added in a later stage though.

At this point you’ll only be able to trade NFTs that are created on Sweet NFT, you won’t be able to trade or display NFTs you collected on other Tezos-based platforms. 

About Sweet

New York-based Sweet is a highly scalable, consumer-friendly, and environmentally conscious Non-Fungible Token (NFT) platform used by top consumer and entertainment brands worldwide.

Sweet has pioneered new, immersive, consumer-first NFT experiences enabling clients to deliver highly gamified user-friendly NFT experiences in-venue, on mobile or at home, driving both revenue and consumer engagement.

For more information, please visit Sweet.io.

About McLaren Racing 

McLaren Racing was founded by New Zealand racing driver Bruce McLaren in 1963. The team entered its first Formula 1 race in 1966, since then McLaren has won 20 Formula 1 world championships, more than 180 Formula 1 grands prix, the Le Mans 24 Hours at its first attempt and the Indianapolis 500 three times. McLaren Racing currently competes in Formula 1 globally and INDYCAR in the US.

The team is contesting the 2021 FIA Formula 1 World Championship with Lando Norris and Daniel Ricciardo, and in the 2021 INDYCAR Series with Arrow McLaren SP drivers Pato O’Ward and Felix Rosenqvist. In 2022, McLaren Racing will enter a new category of motorsport when it enters a team into Extreme E, the innovative all-electric off-road racing series.

Disclaimer

Nature of Content: All content published on https://xtz.news, whether written, auditory, or visual, is for informational purposes only. Opinions expressed therein are solely those of the individual authors and do not reflect the views of XTZNews or its management.

Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.

Accuracy and Completeness: While XTZNews makes every effort to ensure the accuracy and reliability of information, we do not warrant or guarantee the timeliness, completeness, or accuracy of the information presented. The website may contain errors, omissions, or inaccuracies. We disclaim all warranties, both express and implied, regarding the information, including but not limited to, any warranty of merchantability or fitness for a particular purpose.

Endorsements: References to specific entities, products, services, processes, or other information does not constitute or imply endorsement, sponsorship, or recommendation by XTZNews. Blockchain technology is in a developmental phase, and the engagement with the technology and its associated entities carries inherent risks.

User’s Responsibility: Users are encouraged to conduct their own research and due diligence and to seek the advice of qualified professionals before making any investment or decisions related to content on this site. Engaging with blockchain technology, cryptocurrencies, and associated applications should be undertaken with caution, understanding the inherent risks involved.

Limitation of Liability: Under no circumstances will XTZNews or its affiliates, partners, officers, directors, employees, shareholders, agents, or licensors be liable for any direct, indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the site; (ii) any content obtained from the site; or (iii) unauthorized access, use, or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence), or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed its essential purpose.

Seek Independent Advice: Before undertaking any financial investments, potential investors are advised to seek guidance from independent financial, legal, and tax professionals.

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

UNHCR’s “Nowhere To Run” Gets Boost from Fundraising Sale, Supported by Tezos Foundation, Objkt, and ArtMeta

Switzerland for UNHCR , Objkt, the Tezos Foundation, The Collectors Club and ArtMeta announce a collaborative fundraising project to celebrate digital art for good, bringing together ten visionary artists who will donate sales proceeds to the UNHCR Climate Resilience Fund.

Read More

BitMart Announces Strategic Partnership For The Tezos Blockchain

BitMart Exchange has announced a new strategic partnership to support the Tezos blockchain, a prominent Proof of Stake (PoS) blockchain known for its self-upgradable and energy-efficient features. This collaboration marks a significant step in both platforms’ growth and development in the blockchain industry.

Read More

Werenode: Fusing Blockchain Brilliance with EV Charging Innovation

As electric vehicles (EVs) become more prevalent, Werenode is leading the charge by revolutionizing the EV charging infrastructure through blockchain technology. By leveraging Tezos and Binance blockchain technology, Werenode aims to simplify the EV charging process, ensuring secure, transparent, and immutable transactions. Their approach tackles key challenges in the industry, such as network fragmentation, interoperability, and complex payment systems.

Read More