01/10/2021 TikTok starts flirting with NFTs

The NFT space has had quite the year, and while it can be difficult to separate the billions of dollars in crypto speculation from the potential infrastructure shifts, plenty of mainstream tech companies are dipping their toes into the space and signaling future interest.

This time it’s TikTok’s turn. The fast-growing social media platform, which just crossed 1 billion monthly users worldwide, has lined up its own NFT drop, leveraging content from some of its top creators, including Lil Nas X, Grimes, Bella Poarch, Rudy Willingham and Gary Vaynerchuk. The release of one-of-one and limited edition NFTs seems to be focused on generating buzz among the existing NFT community rather than exposing users inside the app to non-fungible tokens.

The company is side-stepping blockchain energy concerns by placing their NFTs on a dedicated site powered by Immutable X, a Layer-2 scaling solution for Ethereum which says that NFTs traded using it are “100% carbon neutral.” The drop starts October 6 with a collection from Lil Nas X and will continue on through the end of the month.

Why is TikTok getting into the world of NFTs to begin with? TikTok has a fairly precise answer for that on itsdrop site:

Inspired by the creativity and innovation of the TikTok creator community, TikTok is exploring the world of NFTs as a new creator empowerment tool. NFTs are a new way for creators to be recognized and rewarded for their content and for fans to own culturally-significant moments on TikTok.

The creation that happens on TikTok helps drive culture and start trends that impact society. TikTok will bring something unique and groundbreaking to the NFT landscape by curating some of these cultural milestones and pairing them with prominent NFT artists.

It’s clearly a niche early experiment for the company, which hasn’t previously indicated the same level of NFT interest that platforms like Twitter and Facebook have shown, but it also showcases that they think NFTs are a space worth paying some attention to.

Arts

https://techcrunch.com/2021/09/30/tiktok-starts-flirting-with-nfts/

Interesting NFTs
Verifactory
The factory process behind the making of a verification badge. 10-second loop, 30 fps. Created using Cinema4D, X-Particles, TurbulenceFD, Redshift, and After Effects.
O-iwa-san, poisoned by her unfaithful husband who she thereafter haunted, from the series One Hundred Ghost Tales
Katsushika Hokusai (1760-1849) O-iwa-san, poisoned by her unfaithful husband who she thereafter haunted, from the series One Hundred Ghost Tales 1833 - Japan
CryptoKitties
Sup playa! I'm Kitty #450376. I'm a professional Dispensary Clerk and I love salad. When I'm not watching reality tv, I'm riverdancing! I think you'll love me beclaws I have cattitude.
Source Code for the WWW
OWNER: Sir Tim Berners-Lee Sir Tim Berners-Lee, b. 1955 Source Code for the WWW 1990-1991 Work includes: Original archive of dated and time-stamped files containing the source code, written between 3 October 1990 and 24 August 1991. These files contain code with approximately 9,555 lines, the contents of which include implementations of the three languages and protocols invented by Sir Tim; HTML (Hypertext Markup Language); HTTP (Hyper Transfer Protocol); and URIs (Uniform Resource Identifiers), as well as the original HTML documents that instructed early web users on how to use the application Animated visualization of the code being written (Video, black & white, silent), lasting 30 minutes 25 seconds A Scalable Vector Graphics (SVG) representation of the full code (A0 841mm wide by 1189 mm high), created by Sir Tim from the original files using Python, with a graphic representation of his physical signature at lower right A letter written in the README.md file (in “markdown” format) by Sir Tim in June of 2021, reflecting upon the code and his process of creating it Non-fungible Token ERC-721 Minted on June 15, 2021, ed. 1/1 Smart Contract Address: 0x86ade256037d80d6d42df8df96d5be21cd25bd8f
LADY MAGDALA’S LOVER
Mystery lover like no other.