Recur nfts series 333m digital

recur nfts series 333m digital

NFTU will be the sole marketplace for these covetable assets, making it an instant staple in the NFT sports world.

“Consistent with the innovative spirit that drives Pac-12 Networks and the Pac-12 Conference, we are thrilled to be leading the way in collegiate sport content licensing for NFTs,” said Pac-12 Networks Senior Manager for Distribution and Licensing Kenden Blake. “This new partnership between Pac-12 Networks, Veritone and RECUR will unlock new ways to deliver the college sports content fans love, now through NFTs.”

“Veritone is at the forefront of advancing technology, and the opportunities we see through NFTs for athletes are endless,” said Michael Arthur, SVP, Veritone Licensing.


Working with an innovative partner like RECUR to make the Pac-12 Networks library licensable through NFTs is another way we are fulfilling our mission to make content more accessible to licensees and generate more distribution opportunities for our international library partners.”

“We are excited to work with RECUR to help deliver officially licensed NFTs to college fans on behalf of our partner institutions,’ said Dave Kirkpatrick, CLC’s VP of Non-Apparel Licensing. “While NFTs can be a complex web of products and marketplaces, we believe the program being developed by RECUR provides an innovative, easy-to-use platform for collegiate collectibles.”

For more information and upcoming announcements, follow RECUR on Twitter @recurforever and visit www.recurforever.com to subscribe.

The journey continues later this year as fans can collect crew in Season 1 and go on voyages around the galaxy to seek out new planets and get rewards. Season 0 starship owners will be rewarded with a crew airdrop leading into Season 1, and in Season 2 fans can use their crew to go on missions in a play-to-earn game.

“Fans are looking for new ways to engage with their favorite shows and franchises, and our innovative ecosystem gives them a community to be a part of for years to come,” said Zach Bruch, CEO of RECUR.
“Through the introduction of Paramount.xyz and StarTrek.xyz, we’re providing fans with a unique way to embark on a journey to boldly go into the metaverse.”

Pre-registration for “Star Trek Continuum” opens today at StarTrek.xyz and the official Season 0 drop will open on April 9th.

Working with an innovative partner like RECUR to make the Pac-12 Networks library licensable through NFTs is another way we are fulfilling our mission to make content more accessible to licensees and generate more distribution opportunities for our international library partners.”

“We are excited to work with RECUR to help deliver officially licensed NFTs to college fans on behalf of our partner institutions,” said Dave Kirkpatrick, CLC’s VP of Non-Apparel Licensing. “While NFTs can be a complex web of products and marketplaces, we believe the program being developed by RECUR provides an innovative, easy-to-use platform for collegiate collectibles.”

For more information and upcoming announcements, follow RECUR on Twitter @recurforever and visit www.recurforever.com to subscribe.

NFTs are a paradigm shift for digital ownership and collectibility. They are digital assets/products/artworks/anything that has verifiable ownership, embedded scarcity that cannot be manipulated, and they provide real value that are interoperable and useful in real and digital realms.”

Co-founded by Zach Bruch and Trevor George, Recur’s team consists of some pretty heavy cats.
But let’s be real, what is this doing to rebalance the power structure?

NFTs Aren’t Bitcoin

Recur has announced the latest partnership with artificial intelligence firm Veritone and CLC, one of the largest collegiate trademark licensing companies in the country, aiming to expand its service for fans and communities to access, engage, play, and collect.

The music industry is a pretty nasty place, and small labels always have an issue.

Here, fans will have the opportunity to own a piece of their favorite franchise while embarking on an entirely new journey.

The Star Trek Continuum sale will take place for 24 hours only on April 9th 2022 starting at 11am EST. The cost per pack will be $250. There will never be more of these designs created and the minting window will only be open for 24 hours.

The Season 0 drop on April 9th will feature algorithmically-generated starships, and no two will be the same.

The starships will be unveiled on April 8th at 1:45pm CT during Star Trek: Mission Chicago, where RECUR will be hosting a star-studded panel with talent from the franchise. Fans around the world can tune in to RECUR’s YouTube channel to view a live-streamed unveiling of the coveted digital collectibles.

Think about it, if one can create royalty systems for NFTs, recording artists can be paid whenever their work sells, now, and forever.

The Market for NFTs Continues to Grow

NFTs have rapidly increased recently as a multi-billion-dollar market, attracting new buyers from industries with high levels of fan engagement such as mainstream influencers, leading artists, and high-profile investors.

According to reports, NFT sales hit $900 million in August, which surpassed the previous high set in May of this year.

The COVID-19 pandemic requires people to keep their distance, which is also the main reason to boost NFTs’ growth, especially in the sports and music industries which are using the technology to maximize fan engagement.

People are living online in large blocks of time.

Pac-12 Networks incorporates one national and six regional television networks, plus extensive digital content accessible through social media, university websites, the Pac-12 Now app and newly-launched streaming service, Pac-12 Insider. Each year, Pac-12 Networks offers live coverage of 850 sporting events, making it one of the top live sports producers in the country.

In addition, Pac-12 Networks creates extensive original programming, provides visibility for marquee football and basketball events as well as traditionally under-served women’s and Olympic sports. Pac-12 Networks also provides training and paid internships for thousands of students of the Pac-12’s member universities, preparing them for careers in media.

Recur, a technology company that creates on-chain branded experiences for fans to buy, collect, and resell digital products and collectibles with NFTs, has announced a Series A fundraising at $50 Million, valuing the startup to $333 Million endorsed by billionaire Steve Cohen’s family office.

The Winklevoss Twins and Gary Vaynerchuk were in on it. Wow. Sort of late to the game, but if they know how to play it they could actually make some cash.

Recur plans to use the new funds to invest in the company’s go-to-market strategy, including fueling its workforce by hiring over 150 people, developing new brand experiences, as well as introducing a new NFT platform, NFTU.com.

Zach Bruch, Co-CEO of Recur, commented,

“Original ownership and scarcity are hard to define in the current digital landscape online, making it hard to value digital assets.

Recur, which recently closed on a $50 million Series A, valuing the pre-launch company at $333 million, is currently working on building an NFT platform called NFTU.com. This platform is being created in partnership with digital licensing company Veritone, and will host NFTs created with Pac-12 Networks athletics video content — like sports highlights, for example.

This project can give you an idea of what ViacomCBS likely has in store with its own NFT plans.

While a number of other NFT marketplaces already exist, Recur’s plan is to develop technology that standardizes recurring royalties minted on any cryptocurrency — a decision that means NFTs would become “chain-agnostic,” bringing more potential fans into the crypto ecosystem.

To learn more about NFTU, please visit NFTU.com.

About RECURFounded by crypto industry expert Zach Bruch and digital licensing industry pioneer Trevor George, RECUR is a technology company that designs & develops on-chain branded experiences that allow fans to buy, collect, and re-sell digital products and collectibles (NFTs). RECUR will be chain agnostic and is fundamentally changing the NFT market by creating and setting the standard for a decentralized recurring royalty, creating the widest distribution and reach for NFTs minted on their platform.

About Pac-12 NetworksAs the content arm of the Pac-12 Conference, Pac-12 Networks is the first and only sports media company wholly owned by its 12 universities.

NFTs), today announced its Series A raise of $50M at a $333M post-money valuation, making it the largest Series A in the NFT space.

DIGITAL, a metaverse investment platform led by Web3 gurus Mark Daniel and Benjamin Milstein, with financial backing from Steve Cohen’s family office, was the lead investor in the financing. Mr. Cohen will also serve on RECUR’s board as DIGITAL’s initial designated director.

Founded by two leaders in cryptocurrency trading (Zach Bruch) and licensing (Trevor George), RECUR is creating new universes for fans and communities to engage, play and collect NFTs while setting the standard for a decentralized recurring royalty.

“At RECUR, we are building a future where NFTs can be taken anywhere as tokens of personal expression, community membership, and fandom, among so many other use cases.

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