#marketplace

Altr, a marketplace utilizing NFTs to trade in luxury assets, made headlines by successfully selling an NFT-backed Ferrari F40 worth $2.5 million. Instead of receiving the vehicle, the buyer got a digital ownership certification in the form of an NFT. The seller, meanwhile, has pledged to store and maintain the car until the owner claims the physical asset. Additionally, Altr offers fractional NFT ownership, empowering several investors to collectively own a high-value item. A tricky choice: to purchase an NFT for a Ferrari wheel or an entire Opel?

Elon Musk has launched x.com website that points directly to Twitter. He also promises to transform the iconic blue bird logo into the letter "X" within a single day. According to the billionaire, this rebranding effort is aimed at transforming Twitter into an all-in-one "everything app," serving not only as a social media platform but also as a payments app and messenger. In the wake of the news, the X token from an unrelated NFT marketplace with the same name skyrocketed by 1000%. (edited)