On this week’s publication, examine CBS Studios’ receiving approval for Star Trek NFT logos, try how FC Barcelona acquired funding for its nonfungible token (NFT) initiative, and discover out why NFT undertaking y00ts is bridging to a different community simply months after its earlier switch. In different information, Canadian authorities are attempting to create a repository for seized crypto and NFT property, and don’t overlook this week’s Nifty Information, that includes Coca-Cola releasing an NFT assortment on Coinbase layer 2, Base. 

Star Trek logos for NFTs: The ultimate frontier

The patent software filed by CBS Studios over the Star Trek identify’s utilization in crypto and NFTs has been permitted by the US Patent and Trademark Workplace. CBS utilized for the patent again in April, which was lastly permitted on Aug. 8. The trademark included use for digital crypto collectibles and NFT-authenticated video clips.

With the brand new replace, Star Trek Continuum will develop into a line of NFTs that includes varied starships from the adventures held within the science fiction tv collection.

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FC Barcelona secures $132 million funding for blockchain and NFT enterprise

Soccer group FC Barcelona has introduced it has obtained a $132 million funding for its Web3 initiatives, together with NFTs and the metaverse. Based on the announcement, integrating digital content material round Web3 and blockchain is a part of the membership’s Barça Imaginative and prescient initiative.

The soccer membership obtained the capital by promoting a 29.5% stake in Bridgeburg Make investments, which is the holding firm for Barça Imaginative and prescient. The investments got here from Libero Soccer Finance and Nipa Capital.

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NFT undertaking y00ts to return $3 million grant because it ditches Polygon for Ethereum

DeLabs, the corporate behind the NFT undertaking y00ts, has not too long ago introduced that it’s going to migrate to Ethereum simply months after transferring most of its NFTs to Polygon from Solana.

Based on the announcement, the group will unite its NFT initiatives, y00ts and DeGods, with the transfer. The corporate will even return the $3 million grant from Polygon Labs that it obtained again in January to help its migration to Polygon.

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Canada to develop repository for storing crypto and NFT seizures

An announcement made by the Royal Canadian Mounted Police (RCMP) highlighted that they’re in search of an answer that may facilitate the storage of seized NFT and crypto property. Based on the RCMP, a centralized repository will assist the authorities to grab these property in a user-friendly method. As well as, this will even present safety to forestall theft whereas they’re in storage.

For NFT help, the Canadian police division requires an answer that helps the Ethereum, Solana and Polygon blockchains.

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Nifty Information: Coca-Cola will get Primarily based, Reddit avatars attain 20 million milestone and extra

Beverage model Coca-Cola is diving into Web3 with the assistance of crypto trade Coinbase. By means of its layer-2 community Base, Coca-Cola is launching its first NFT assortment consisting of works from varied artists. In the meantime, Reddit Collectible Avatars has hit the 20 million milestone and reached a cumulative gross sales quantity exceeding $40 million.

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CHECK OUT COINTELEGRAPH’S NFT STEEZ PODCAST

Thanks for studying this digest of the week’s most notable developments within the NFT house. Come once more subsequent Wednesday for extra reviews and insights into this actively evolving house.