NFT Market News Roundup: Week of December 6th to December 12th, 2021

It has been an explosive week in terms of NFT market news with so many companies stepping into the field. From Pepsi to JPMorgan to a McDonalds TV series insert … NFT is consistently in the headlines this week.

Breakdown of the NFT Market: MakersPlace’s new 2Pac collection brings jewelry-inspired NFT

MakersPlace is partnering with Tupac Shakur Estate to launch the Immortality Collection on December 15th. The collection will be an NFT series inspired by 2Pac jewelry that has been worn throughout his illustrious career.

NFT Market News Summary: NFT. the Beatles

According to reports this week, audio interviews will be coined by members of the Beatles on Ethereum, with four unique NFTs for each Beatles member. NFTs contain rare interview audio clips and are published by the Voices Of Classic Rock (VOCR) music archive.

NFT Market Review: A Country Star Makes NFT Debut On MusicFX

Country star Parker McCollum is cooperating with the NFT marketplace MusicFX and is offering a subscription-based collection of NFTs to the first 1,000 buyers.

Summary of NFT Market News: Pepsi is the newest soft drinks brand to move into NFT

Pepsi and VaynerNFT have opened a waiting list for an Ethereum-based NFT that will close on December 14th. Behometh Drinks will produce 1,893 generic tokens for free – buyers only need to purchase gas for the transaction. The collection called “Mic Drop” is a music-inspired sequence and connects to users’ MetaMask wallets.

NFT Market News Summary: McDonald’s Food TV Show?

McRib is McDonald’s “weird menu” – and it’s safe to say that things get even stranger this time. The fast food brand released a McRib-inspired NFT last month, with select winners receiving tokens. However, a drama occurred recently when a Twitter user noticed that an Ethereum transaction allegedly had a racist slur recorded.

Regardless of how the connection is made, be it a fraud perpetrator within the brand or an inclusive brand account, this is a powerful reminder that brand interaction occurs in rooms without risk.

NFT Market News Summary: Pantone’s “Color of the Year”

Pantone is considered to be “the summit of the color wheel”. The color of the year chosen by Pantone is “Very Peri”. This color will be the flagship of a new NFT “Color of the Year” on Tezos in collaboration with the artist Polygon1993. A representative from Tezos has told the press that this will not be the last collaboration with Pantone.

NFT Market News Summary: Coinbase Endorsed Anima Launches Rich AR NFT Project

Anima is a Coinbase-backed startup aiming to bridge the gap between metaverse-focused NFT and AR. The platform is working with digital artist Demsky to launch a new project called Mirror.

NFT Market News Summary: Microsoft’s M12 Venture Fund supports the new Palm NFT Studio platform

Microsoft can be viewed as Web 2.0, but don’t be fooled into believing that they are not on the front lines to become a mainstay of Web 3.0 if they are active enough. This week Microsoft’s M12 venture fund led a Series B round for the Palm NFT Studio blockchain platform. Palm recently hosted Warner Bros. Matrix-inspired NFT shows.

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