Crypto
Mercedes-Benz and Fingerprints DAO: A High-Speed NFT Venture

In a move that’s causing a stir in both the art world and the automotive industry, a fascinating partnership has taken shape between Fingerprints DAO, Dutch artist Harm van den Dorpel, and the revered car brand Mercedes Benz. Together, they’re taking a unique venture down the road less travelled – the creation of a Mercedes NFT collection, subtly echoing the aesthetics of automotive design.
This innovative collection, christened “Maschine,” is born out of Mercedes-Benz NXT, a recently unveiled facet of the automaker that represents its entry into the Web3 space.
Maschine adds a creative flair to the concepts of speed and perception. The collection offers a thousand unique tokens, each based on the Ethereum blockchain. Every piece in this collection is a visual tribute to the dynamics of a wheel in motion. Each artwork features a circular design teeming with intricate patterns. These patterns shift and change, mimicking the rotation of objects speeding up and generating an illusion of movement. This captivating visual effect draws inspiration from a phenomenon known as the wagon-wheel effect, where objects with spokes when spun and accelerated, appear to rotate in a direction opposing their actual movement and trajectory.
But Mercedes-Benz NXT isn’t simply content with the launch of this collection. As indicated by a series of tweets, the automaker is planning to release three “core” collections, with each collection meticulously conceived, designed, and overseen by the creative studio 0xNXT. In addition to this, Mercedes-Benz NXT has set its sights on initiating various satellite projects within its NFT ecosystem.
Aspiring collectors should mark their calendars for June 7, when the sale goes live via a Dutch auction.
Fingerprints DAO, a decentralized autonomous organization with a deep-rooted presence in the digital art space, plays a crucial role in this venture. The organization’s existing gallery of NFT art is a veritable wealth of digital artwork, painstakingly curated by a community-elected Curation Committee. Fingerprints DAO’s collection goes beyond the usual and includes remarkable pieces like Autoglyphs by Larva Labs and Loot Bags, among other unique works considered “inimitable and irreplaceable.”
Together, Fingerprints DAO, Harm van den Dorpel, and Mercedes-Benz NXT are pushing the pedal to the metal, speeding towards the ever-evolving intersection of art and technology.
However, Mercedes-Benz isn’t the only carmaker dipping its tires in this digital terrain. Other major players in the automotive world, such as Aston Martin and Renault, have also entered the Web3 arena.
In a nutshell, these car manufacturers are charting a new course, offering their clientele a unique driving experience. Only this time, instead of physical vehicles and open roads, they’re delivering this experience through digital art and virtual environments. This marks an exciting new direction in the overlap of art, technology, and the automotive industry.
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CoinReporter.io and EUReporter.co does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Crypto
Terra Luna Classic’s Evolving Journey: Aiming to Anchor USTC at $1

In the ever-shifting realm of digital currency, Terra Luna Classic takes another notable step. The community has given the green light to halt all processes involving creating and recreating their stablecoin, USTC. Their primary goal? Re-establish USTC’s parity with the dollar and reinvigorate LUNC, Terra Luna Classic’s foundational cryptocurrency. This decision not only bolsters USTC’s standing but also paves the way for big players like the crypto trading platform, Binance, to consider USTC disposal.
Proposal 11784, known as the “Halt USTC Production & Recreation,” caught the eyes and ears of many. A significant 55% endorsed the move, 38% declined, with the remainder opting for a neutral stance. Reaching this agreement wasn’t simple, especially given the myriad of voices involved. Bypassing the minimum approval mark, the community’s backing for this trajectory became evident.
Digging into the vote dynamics, it’s clear where allegiances lay. Out of 35 decision-makers, prominent entities like HappyCattyCrypto, DFLunc, 1maxfee, JESUSisLORD, StakeBin, and Lunanauts were supportive. Yet, it’s crucial to highlight that Allnodes, a dominant figure, didn’t share this enthusiasm. Although participation wasn’t at its peak, a dominant consensus emerged. With the proposal’s acceptance, platforms like Binance now can contemplate USTC disposal, as its creation processes cease. Another proposition even nudges Binance to dispose of a 50-50 split of USTC and LUNC.
However, despite these audacious moves, market indicators for both Terra Luna Classic and USTC signal turbulence. Amidst vital community updates, both digital assets witnessed downtrends. LUNC saw a modest 1% rise recently, settling at a value of $0.000057. Its 24-hour range fluctuated slightly from $0.0000566 to $0.0000582. Conversely, USTC’s performance dipped, declining 1% to a present value of $0.012. Furthermore, trade activities for USTC diminished by 36% within a day.
Whispers within the community suggest reservations about the efficacy of Terra Luna Classic’s development squad. Some speculate that they might not be adequately steering the platform, the communal treasury, or key updates.
The digital currency landscape is notoriously inconsistent, with shifts spurred by choices, market vibes, and tech developments. As Terra Luna Classic forges ahead with its initiatives, it’s uncertain how the landscape will adjust, particularly in relation to USTC’s valuation and ecosystem vitality.
Nevertheless, the essence of communal consensus can’t be overlooked. Terra Luna Classic, despite hurdles, showcases its dedication to stability and value with its USTC decision. As the crypto world morphs, the strategies of Terra Luna Classic will be under the lens of investors and aficionados. The future holds the answer to whether their endeavours align with the unpredictable ebb and flow of the crypto cosmos.
-
Bitcoin3 months ago
Block Entropy: AI and Blockchain technology integration
-
Bitcoin3 months ago
Harnessing Sustainability and Compliance: An Inside Look at Bitcoin Additional and Quantum Exchange
-
Bitcoin3 months ago
Bitcoin’s Bullish Future: Standard Chartered Forecasts $120,000 by 2024
-
Bitcoin3 months ago
Green Innovation Meets User-Centricity: Meatec Revolutionizes Bitcoin Mining with Sustainable and Enjoyable Practices
-
Crypto3 months ago
A New Dawn for Cryptocurrency: Unpacking the Impact of the UK Finance Bill’s Recognition of Crypto
-
Metaverse3 months ago
Apple’s Vision Pro vs Meta’s Metaverse: The Battle for Reality Begins
-
NFTs2 months ago
Art Revolution: Banksy’s NFT Fractionalization by Particle
-
NFTs3 months ago
NFT Market: Catalysts for the Next Bull Run