AlgorandAuctionCointelegraph.comCopyrightFoundationNer York TimesNewsNFTSuperrareTimes magazine

Nifty News: Italian copyright agency mints 4M NFTs, breast cancer LINK found, and more

Algorand helps secure almost 100,000 authors’ copyrights, NFTs raise breast cancer awareness, the New York Times gets in on the action, and more.
Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the rights of more than 95,000 authors.The partnership between SIAE and Algorand started in 2019, with SIAE aiming to digitize its entire copyright database to help decentralize the management of the metadata. NFTs will eventually provide copyright owners such as authors and publishers with royalty streams to their work. The tokenization of the articles and published works will allow the system “to transfer management directly to rights holders, who will then be able to manage directly the metadata relating to their rights,” said general manager of SIAE Gaetano Blandini“Blockchain technology is definitely an interesting strand to continue exploring because of its transparency and efficiency — by design — features, which are fundamental for those who, like us, manage the salary of other people’s hard work.”Chainlink to assign cancer?Chainlink’s Variable Random Function, or VRF, will play a key role in a new conceptual NFT art experiment Project Mahin in order to raise awareness and funds for breast cancer. The project will release 60 unique NFTs representing breasts, each of which could be unfortunate enough to “be diagnosed with breast cancer.” The VRF, will randomly assign one in eight of the NFTs cancer, representing the same odds of women who will develop the invasive cancer …
Story continues on Cointelegraph

Related posts
BitcoinBTC Trading ViewNewsNews 1SocialTrading View

Bitcoin 'very likely' to be an outcast, claims Ray Dalio

During a recent interview with Andy Serwer, Hedge Fund mogul and billionaire investor Ray Dalio reiterated his predictions about a possible ‘ban’ on Bitcoin. According to Dalio, there’s a “good probabThe post Bitcoin ‘very likely’ to be an outcast, claims…
Blockchain GameCointelegraph.comgamesNonfungible Tokens

Double signs up to layer-two scaling solution for NFTs

The alpha release will launch this month for Gods Unchained, opening up to double and several other developers. Double, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable…

India's government orders companies to disclose crypto holdings

Recent amendments to India’s Companies Act will see firms in the country include their crypto involvement in all public financial reporting. While the legal status of cryptocurrencies remains undecided in India, companies in the country involved in virtual assets must…