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November 2nd’s NF3 Recap: Nike Metaverse, Pulp Fiction NFT and The Matrix NFT

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Michael Caloca / ONE37pm

This week in the NFT space, things seem to be moving at light-speed! Welcome to today’s NF3 Recap, we have some electrifying topics to cover. If this is your first time joining us, please make sure to check out yesterday’s NF3 Recap to catch up on the latest NFT news.

Today proved to be another remarkable day for the NFT community as Nike silently made their way into the Metaverse. Also, Quentin Tarantino, director of Pulp Fiction—arguably one of the most decorated movies in history, is releasing exclusive NFTs. Lastly, but most certainly not least, is the announcement of The Matrix: Resurrection NFT project. Make sure to check out all of this and more in today’s NF3 Recap.

This article does not constitute formal financial advice. Always do your own research before investing.

1. Nike silently enters the metaverse space

That’s right, $30B footwear company Nike is officially entering the Metaverse. The billion dollar company recently filed for seven trademark applications, as they prepare to take their shoes and apparel virtual. The trademarks that Nike filed for include the Nike name, the swoosh logo, their popular Just Do It slogan, and of course the Air Jordan and Jumpman logos. 

In addition to their application, Nike said their intention is to create and sell virtual branded sneakers and clothing. You can expect to see some virtual goods begin to rollout from Nike in the months ahead. 

We will make sure to keep a close eye on Nike as they continue to develop their brand’s portfolio and expand into the metaverse.

2. Quentin Tarantino turns uncut Pulp Fiction scenes into NFTs

Quentin Tarantino, the award-winning director and writer, has announced that he will be auctioning off seven uncut scenes from the popular 90s film, Pulp Fiction, as NFTs. These seven uncut scenes will also include the original hand-written scripts from the movie, as well as exclusive audio commentary from the director himself.

Also worth noting is the blockchain in which the Pulp Fiction NFTs are created. The Secret Network is the first blockchain that encrypts transaction and ownership data. To me, this seems to practically defeat the purpose of blockchain technology, but apparently this is to protect the filmmakers as well as the future collector’s of these very special NFTs.

3. The Matrix is dropping their own “Resurrection” NFT project

Warner Bros has decided to bring the Matrix to the blockchain. Warner and partner Nifty’s, have joined forces to offer 100,000 unique Matrix-themed NFT avatars. Each avatar will cost $50 each, dropping on November 30, 2021. 

Come December 16th, 2022 however, collectors will be given the option to either take the Blue Pill, keeping your avatar in the Matrix, or you can knock-back the Red Pill, transforming your NFT avatar into a resistance fighter! Additionally, holders of the Matrix NFT will have the opportunity to upgrade their avatars and even earn new NFTs.

Other cool updates:

But wait, there’s more! Really though, the news doesn’t stop there. Following in the footsteps of Facebook, now Meta, is the tech-giant Microsoft. Microsoft plans to offer users a fresh way to meet in 2022, with a new version of Microsoft’s Teams chat and conferencing program that features virtual avatars. 

The new Microsoft program should be available to consumers early to mid next year. This new program will also allow users to share files and features, such as PowerPoint decks in the metaverse.

In other cool news, Deadmau5 is working with artist, Gregory Siff, to launch their own line of NFT collectible art on the Solana blockchain. Gregory Siff will be creating the art live at the Red Rocks Music Festival in Colorado on November 4th. The art will be transformed into NFTs at the event, allowing collectors to obtain the physical piece and an NFT to pair with it.

That’s all the updates we have for now. As always, thank you for joining us today and please check back for our next NF3 Recap. Stay curious, my friends.

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