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ARTICLE · 02 JUNE 2021

NFTs And Loyalty Tokens Launch, Regulators Target Crypto Ads As Scams Spike

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The Associated Press (AP) announced a non-fungible token (NFT) drop this week to celebrate 175 years of photojournalism.

United StatesTechnology
Veronica Reynolds
Veronica Reynolds
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The Associated Press (AP) announced a non-fungible token (NFT) drop this week to celebrate 175 years of photojournalism. The organization plans to auction 10 NFTs that represent iconic photographs taken throughout history, some coupled with music scores. Proceeds from the auction will support the organization's journalism efforts.

In Europe, the Italian post office, which operates an online marketplace in addition to mail delivery, has turned to Hyperledger Besu to build an integrated loyalty points system. According to a press release, the system allows customers to accrue points through merchant apps and convert those points into fungible loyalty tokens that can be redeemed across the platform for a variety of rewards.

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