Crypto: Sydney fashion house releases climate change sneaker NFT; Dacxi tokenises precious metals
A Sydney-based “tech-luxe” fashion house has dropped a melting digital “ice sneaker” NFT to call attention to climate change.
The winning bidder will receive ongoing ice sneaker “mods” to use on crypto Metaverse platforms such as Decentraland and the Sandbox.
The price was inspired by the COP26, the 2021 United Nations Climate Change Conference, currently underway in Glasgow, Scotland. It represents “one world in the balance,” the studio said.
Proceeds are going to a climate charity of the winner’s choosing.
“To truly reverse climate change requires a fashion revolution, thinking beyond our current limitations towards a more ambitious future state,” said MYAMI founder Brad Morris.
Meanwhile Australian crypto wealth management platform Dacxi has partnered with ABC Bullion, Australia’s largest independent precious metals dealer, to create an easy way for Australians to invest in precious metals.
The “precious metals” bundle will let investors purchase any amount of gold, silver or platinum as a digital token, backed by physical metal stored in ABC Bullion’s vaults.
“For centuries, precious metals have been ‘go-to’ defensive assets for investors,” said Dacxi chief executive Ian Lowe.
“This is still the case today, but innovation also has an important role to play. Blockchain technology means we can democratise access to precious metals for everyday investors. The combined benefits of accessibility, simplicity, security and liquidity are compelling.”
ABC Bullion chief executive Janie Simpson said the supply and vaulting partnership solves some of the traditional issues that retail investors have when it comes to investing in precious metal.
“It allows them to purchase small or large amounts and provides a marketplace with liquidity that can be accessed at any time and from anywhere in the world,” she said.
“Tokenisation also solves the biggest worry for everyday investors – keeping their precious metal investment safe – as the physical assets are stored in our vaults.”