CryptoDaily’s Tech Roundup with Adreynn Ashley

I’m Adryenn Ashley for CryptoDaily and here are this week’s top 5 tech announcements in the crypto space for this week.

    1. Ledger and OnChainMonkey launch The first NFT-branded Nano X hardware wallet to provide industry leading asset security in the palm of your hand

OnChainMonkey and LEDGER have come together to collaborate on a special Nano X edition hardware wallet. 

 

With this collaboration, LEDGER and OnChainMonkey are bringing the world’s leading hardware wallet together with the historic on-chain non-fungible token (NFT) collection aimed at real world impact.

Created by Metagood, OnChainMonkey is the first NFT profile picture (pfp) collection created on-chain in a single transaction. OnChainMonkey was free mint on Sept 11, 2021 of 10K NFTs and has consistently been the most profitable NFT collection measured by percent of trades that are profitable, ranking above all other major NFT projects.

Recognized this week on Fast Company’s 2022 World Changing Ideas Awards for Social Impact NFTs, Metagood is a for-profit company that strives to build a better future for Web3 while doing good along the way. 

Through their first NFT project OnChainMonkey, Metagood has simultaneously created value for its community members and contributed to several important causes including funding the successful evacuation of Sharbat Gula (known as “Afghan Girl” from National Geographic) and her family to Italy after she was targeted for being a Western icon, donations to Coral Vita to repair reefs in the Atlantic Ocean, and funds raised to help people impacted by the typhoons in the Philippines.  

CEO Danny Yang said

“The collaboration with Ledger allows Metagood to provide the best security for its community, While the NFT world moves at light speed, we have made it a mandate to support the OnChainMonkey community in protecting their assets so they have peace of mind.”

The OnChainMonkey LEDGER Nano X Hardware wallet is available now at Ledger.com 

  • Gucci Begins Accepting Cryptocurrency

Iconic fashion brand Gucci is beginning to accept cryptocurrency in some of its U.S. locations with more to come, including Beverly Hills and New York City.

In-store payments will be made so that customers can securely scan with their crypto wallet.

The stores will accept various digital currencies, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dogecoin, and Shiba Inu.

Other brands have already begun accepting crypto. Dolce & Gabbana, Adidas, Nike,  and Vans.

  • Get an NFT with your Starbucks

Would you like an NFT with your latte? 

Starbucks has said that NFTs will help extend its brand’s concept of the “third place” — meaning a place between home and work where people can feel a sense of belonging over coffee.

The Starbuck’s NFT collection will serve as the backbone to build out their future collections and collaborations in the web3 community

  • NFT’s in the Music Business

Timbaland has announced the creation of Ape-In Productions

A new entertainment company and platform that develops music and animation for metaverse applications.

Ape-In will work with several Bored Ape Yacht Club NFT owners and other collaborators.

On This same day record label Universal Music Group announced plans to create a virtual metaverse band.

  • Elon Musk and Jack Dorsey partner up to mine Bitcoin.

While the two billionaires had previously clashed over crypto, it looks like Elon Musk and Jack Dorsey are putting the past behind them. Tesla is going to provide solar technology for a Bitcoin mining operation by Block and crypto tech company Blockstream. The $12 million Texas mining facility is an opportunity for the crypto influencers to show the world that proof-of-work mining can be a sustainable venture.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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