The Nightly Mint: Daily NFT Recap

Welcome to the Nightly Mint – a new content series from our team at Coin-Crypto providing all the quick hits around all things NFT at the end of each day.

Every weekday we bring you a daily NFT digest of the latest actions – spanning news headlines, community chatter and a closing “minty fresh” take that we will share every day to let the curiosity boil.

The Nightly Coin

New TIMEPieces Mint

TIME Magazine has easily been the most aggressive traditional publication to get NFTs right. TIME showed them . fall last launch of ‘TIMEPieces’ raising funds for humanitarian aid in Ukraine today.

Pixelmon is getting hot

There was a lot of chatter in the NFT community today surrounding the massive flop of Pixelmon, a $70 million NFT project that promised a promising roadmap. It’s been a flop of epic proportions and quickly became a bit of the ‘flavor of the week’ laughing stock in the NFT space:

Related literature | Bitcoin mining more damaging to the environment after ban in China, study says

KPMG Canada buys an NFT just a few weeks after adding Bitcoin and Ethereum (ETH) to their portfolio. † Source: ETH USD on TradingView.com

KPMG Canada buys ‘World Of Women’ NFT

KPMG is one of the ‘big four’ accountancy firms with operations all over the world. In an announcement today, KPMG’s Canadian division has acquired a “World of Women” NFT as “part of its corporate strategy.” The bottom price on WoW is currently around $25K. A Managing Partner of Advisory Services at KPMG Canada, Benjie Thomas, stated:

“This acquisition reflects not only our belief in the continued growth of NFTs, but also in the value of WoW and its mission. Having gone through the process, we are well positioned to guide our clients in building a corporate NFT strategy, including acquiring and protecting NFTs.”

Projects like WoW that stand for gender equality in a predominantly male environment are poised to become key players for institutions seeking targeted NFT investments.

The ‘Minty Fresh’ Take

Today’s minty fresh take comes courtesy of @mikethreezy on Twitter:

At Coin-Crypto and our sister network Bitcoinist, we’ve covered all kinds of possible use cases for NFTs going forward; don’t be surprised to see more and more projects that are less focused on strictly art, and more focused on utility.

Related literature | Bitcoin in demand, bulls enjoy a 9% rise

Featured Image from Pexels, Charts from TradingView.com The author of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

Leave a Comment