A Kiwi sauce and chutney company has become the latest to jump on the NFT bandwagon.

F. Whitlock & Sons partnered with Sydney-based artist Campbell “Struthless” Walker to create the NFT celebrating its beans, marinades and rubs crossing the Tasman and landing on shelves in Australia.

The 10-second animated NFT is being auctioned on Opensea. It was listed on Sunday and bidding had reached 0.3 ETH (US$800) yesterday, with four days to go.

Proceeds will be donated to the Hunger Project Australia, a non-profit that aims to end world hunger.

The stop-motion video showing various ingredients having their flavour extracted was created with paper layers and frames. It is said to have been inspired by F. Whitlock & Sons Chipotle BBQ Sauce.

 

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F. Whitlock & Sons “brand purveyor” Nicola Curran said the partnership gives people the “opportunity to really engage with our brand, by owning a unique digital piece of Whitlock’s art”.

Milestone for erotic NFT marketplace

Meanwhile, a new marketplace for erotic and NSFW NFTs is celebrating its first million-dollar sale shortly after its launch last week.

NaftyArt sold a series of 69 Kama Sutra playing cards from artist Interdit, who spent two months creating them.

NaftyArt says the San Francisco-based platform aims to give erotic artists and adult creators a safe space to promote and display their works.

“Erotic art has been popular since the ancient times, and we are excited to bring it in to the 21st century in the form of NFTs,” said Rob Kemenyfi, chief executive of NaftyArt/Nafty Token.
 

Wholesale Bitcoin fund gets new COO

A Brisbane-based investment-grade Bitcoin fund has welcomed a former BNY Mellon executive as its new chief operating officer and head of digital markets.

Monochrome Asset Management says Jeff Leal will start work on Monday, returning home to Australia after an 18-year career in the UK.

He had been working since January 2017 as the global head of spot and electronic foreign exchange at BNY Mellon, the world’s largest custodian bank and asset servicing provider. Before that, he was UniCredit’s global head of electronic markets.

Leal said he would be helping strengthen Monochrome’s operating environment to support product and platform expansion, including the eventual launch of crypto ETFs in Australia.

“Digital assets have come a long way in recent years, and with more traditional institutions joining the ecosystem, we are just at just the beginning of a maturing marketplace that provides unimpeded investment opportunities to a wider investor base,” Leal said.