Unstoppable Domains Web3 Digital Identity 2022 | Sandy Carter Lazy Lion NFT Explained

The NFT Craze?

Non-fungible tokens (NFTs) seem to have taken off out of nowhere last year and are continuing to make waves into 2022. Millions of dollars are being traded for some digital assets, like music and videos. Nevertheless, many say it resembles a Tulipmania that happened in the 17th century.

What’s the deal with NFTs? 

Like the dot-com bubble, some experts believe NFTs are poised to burst. Others think they are here to stay and will fundamentally change the investment landscape.

With a sales value of $25 billion last year, non-fungible tokens were praised by the world’s leading brands. One recently sold for a whopping $69 million.

Digital assets like art, music, in-game items, and videos are called NFTs. Typically, they are purchased and sold online with cryptocurrency, and they are often coded using the same programming software as many crypto coins and tokens.

NFT Digital Assets of the Future

While the NFTs have existed since 2014, they are becoming increasingly popular to buy and sell digital art nowadays. 

Beeple,” a well-known digital artist, collected 5000 daily drawings into perhaps the most renowned NFT of all time: “EVERYDAYS: The First 5000 Days,” which was sold for a record-breaking $69.3 million at Christie’s.

Taking inspiration from events like this, businesses and individuals are increasingly seeing NFTs as the future of online ownership in the digital age. 

Unstoppable Domains NFT

As NFTs exploded in areas such as art, sports, and fashion in 2021, companies like Unstoppable Domains are applying NFT and blockchain technology for emerging markets, including decentralized finance and digital identity.

SiliconANGLE Media’s livestreaming studio, TheCUBE, and Unstoppable Domains have teamed up to bring the latest news in cryptocurrency, blockchain, and NFTs “Unstoppable Domains Partner Showcase” beginning at 9 a.m. PT on March 10.

Web3 Taking Off

Created in 2018 to allow users to control their digital identities on Web3, Unstoppable Domains’ names are produced as NFTs that substitute complex crypto addresses with easily readable titles. 

With Web3 technology, the goal is to provide a foundation for digital identity and allow users to carry a unique name across apps, games, wallets and the Metaverse.

The Polygon platform has become a prime destination for projects looking to build applications on Web3.

TheCUBE’s “Unstoppable Domains Partner Showcase” event will include interviews with co-founder Bradley Kam; Senior Vice President and Channel Chief Sandy Carter; and representatives from Wall Street Bets, Parcel, Atlantis World, DeHive and Cook Finance. (* Disclosure below.)

Digital Identity & DeFi Evolution 

Using blockchain technology, Unstoppable Domains represents another aspect of the emerging financial technology known as decentralized finance or DeFi.

Digital identity can also extend the idea of peer-to-peer finance, which is the basis for the launch of bitcoin and the blockchain in 2008.

Recently, the company launched its NFT sign-on functionality for Ethereum and especially Polygon, which allows users to verify their membership in various communities or places within DeFi. 

Unstoppable Domains believes NFTs (non-fungible tokens) are heading toward mainstream adoption with blockchain technology.

In fact, the mainstream adoption of NFTs has already begun. Since 2020, the volume of NFT sales has increased from $94 million to $25 billion in sales last year

Art, Games, and the Metaverse itself are all beginning to enter the NFT ecosystem, but collectibles and utility tokens account for most sales thus far.

“Once you break the idea of this is just a piece of art or this is a cryptocurrency, you get into a world where you can apply that NFT technology to a lot more things than I think most people think of today,” said Nick Donarski, cybersecurity expert, hacker, gamer, NFT expert and founder of ORE System, in a recent interview with SiliconANGLE.

Lazy Lion NFT

Upon joining the firm, one recent addition to the management team at Unstoppable Domains became an active participant in the DeFi and NFT communities.

Sandy Carter of Unstoppable Domains said her sign-on bonus was delivered as a NFT. 

Amazon Web Services Inc.’s former vice president of global public sector partners and programs, Sandy Carter, used her bonus to purchase a Lazy Lion, a collection of unique cryptocurrencies hosted on the Ethereum blockchain.

During a pandemic-related lockdown in Sidney, Australia, four friends created the artistically drawn lions with algorithmically generated traits based on their experiences.

Ten thousand unique characters offered by Lazy Lion NFT sold out for $1.5 million in five hours. As an investment, each Lion can be bought and sold. A Lion was recently purchased for $63,000.

“I now own that Lazy Lion, but the artist gets a potential percentage of that,”

Carter explained in a recent interview. ” I could name a store after that Lazy Lion because now it’s mine. Myself and the artists are now teamed together; we’re like a joint venture.”

Livestream of the ‘Unstoppable Domains Partner Showcase’ event

The “Unstoppable Domains Partner Showcase” event will feature interviews to be broadcast on theCUBE. Add this special event to your calendar to watch live. Plus, you can watch theCUBE interviews here on demand after the live event.

How to watch theCUBE interviews

We offer you various ways to watch the “Unstoppable Domains Partner Showcase” event, including theCUBE’s dedicated website and YouTube channel. You can also get all the coverage from this year’s events on SiliconANGLE.

TheCUBE Insights podcast

SiliconANGLE also has podcasts available of archived interview sessions, available on iTunesStitcher and Spotify, which you can enjoy while on the go.

 

During the “Unstoppable Domains Partner Showcase” event, theCUBE will talk with executive and expert guests from Unstoppable Domains, including Matt Gould, founder and chief executive officer; Bradley Kam, co-founder; Matt Mickiewicz, chief revenue officer; Charlie Brooks, business development; Sajjad Rehman, head of Europe; Nilkanth Iyer, head of Asia; Ren Besnard, vice president of marketing; and Michael Williams, product manager.

Also during the event, theCUBE will also speak with Noah Gaynor, co-founder and CEO of Parcel; CJ Hetherington, co-founder of Atlantis World; Jaime Rogozinski, founder of WallStreetBets and strategic advisor of WSBDApp; Michael So, partner and head of business development at Cook Finance; Mike Morhulets, CEO of DeHive; and Jeremiah Owyang, industry analyst and founding partner at Kaleido Insights.

(* Disclosure: TheCUBE is a paid media partner for the Unstoppable Domains Partner event. Neither Unstoppable Domains Inc., the sponsor for theCUBE’s event coverage, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Bloktopia NewsDisclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.

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