Bitcoin Cash blockchain, Bitcoin.com, Digital Collectibles, nft, Non-fungible tokens, Simple Ledger Protocol (SLP), Sweet

PRESS RELEASE. February 4, 2021 – New York, New York – Sweet, in partnership with Bitcoin.com, has announced the launch of a highly-scalable Non-Fungible Token (NFT) platform for the broad distribution of digital collectibles and digital merchandise. Leveraging Simple Ledger Protocol (SLP) and the Bitcoin Cash network (BCH), blockchain digital collectibles provide consumer and entertainment brands with a previously-unseen opportunity to drive new revenue, create one-of-a-kind consumer experiences, and increase consumer engagement to unprecedented levels.

Flexible Distribution

With Sweet’s solution, brands have the flexibility to bring digital merchandise to market in an extraordinary number of ways, including for-purchase on existing e-commerce stores, bundled with physical products via QR codes, as social giveaways via web-based reservations, and as rewards for completing actions such as streaming a song on Spotify or Apple Music.

The platform uses the Bitcoin Cash and the SLP standard for NFTs. According to Sweet Founder and CEO Tom Mizzone:

“SLP was an excellent fit for Sweet’s digital collectibles platform. We looked at several blockchain solutions and found Bitcoin Cash and SLP to be fast, scalable, and highly cost-effective. We couldn’t be more excited to participate in the growing SLP ecosystem.â€

As consumer and entertainment brands are looking for new solutions in the digital space, Sweet enables the distribution of one-of-a-kind, digital, tradable coins and cards that are custom-designed around the brand and then published on the blockchain for transparent ownership and authenticity.

“The future of rare, collectible merchandise is in the digital arena as evidenced by the growing interest in NFTs, and we are thrilled to be the ones giving brands and artists a new way to offer exclusive digital merchandise to their fans and customers,†said Mizzone.

A Feature-Packed NFT Wallet

The Sweet platform includes a mobile blockchain wallet for iOS and Android which boasts a beautifully engineered UI where users get the full experience of excitement and community as they interact with others and trade their collectibles, jockeying to obtain rare items and complete sets. Sweet’s CTO, Ken Ellis, stated:

“We’ve made a significant investment in producing NFTs at scale. We can quickly create thousands of NFTs to support major product or music releases and events, and deliver them immediately to a user’s SLP wallet. From there, users can trade their collectibles with other fans and users within the app.â€

Ellis continued;

Each NFT has a unique URI associated with it, the contents of which are signed as part of the creation process. We’ve made these URIs public to facilitate sharing, and when resolved by a browser we provide a 3D rendering of the collectible, along with information on the current owner.â€

Built to Scale

Sweet’s solution, built on SLP, is driving innovation and broader adoption of NFTs.

Roger Ver, founder of Bitcoin.com, said:

“In the past, users were locked into a completely in-app experience or a single marketplace, but now any Sweet digital collectible can be acquired through many channels and traded with anyone around the world, even if they aren’t a Sweet user themselves. This means true and authentic ownership for users, and it’s being made possible on Bitcoin Cash. We couldn’t be more excited about our strategic partnership with Sweet and what it means for the collectibles market.â€

Sweet has strong traction in the entertainment and consumer brand communities with over 600 artists and brands live on the platform and thousands of NFTs in the queue for worldwide fans and collectors.

For more information on Sweet, visit https://sweet.io.

Media Contact Details

Contact Name: Peter Keiser,

Contact Role: EVP of Marketing, Sweet

Contact Number: (201)-775-9000

Contact Email: press@sweet.io

Sweet is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.


RELATED NEWS

Winner Cashes Out $160,000 from Bitcoin.com Games with a 13,870x Multiplier

Bitcoin.com Games gave this player 160,000 reasons to be happy this spring! Lucky Player Bags Two Epic Wins Within Minutes What started as a perfectly normal month of March for this player turned out to be a life-changing experience when they won, not one, but two big rounds of The Dog House Megaways slot on […]

Xem chi tiết: Winner Cashes Out $160,000 from Bitcoin.com Games with a 13,870x Multiplier

Winner Cashes Out $160,000 from Bitcoin.com Games with a 13,870x Multiplier

Bitcoin.com Games gave this player 160,000 reasons to be happy this spring! Lucky Player Bags Two Epic Wins Within Minutes What started as a perfectly normal month of March for this player turned out to be a life-changing experience when they won, not one, but two big rounds of The Dog House Megaways slot on […]

Xem chi tiết: Winner Cashes Out $160,000 from Bitcoin.com Games with a 13,870x Multiplier

Animoca Brands Brings “MotoGP™ Ignition” to Flow Blockchain, Announces First Collectibles NFT Sale

press release PRESS RELEASE. 25 February 2021 – Animoca Brands, the developer and publisher of the successful blockchain games F1® DeltaTime and The Sandbox, is further expanding its push to bring mainstream consumers to blockchain by announcing that MotoGPâ„¢ Ignition, the competitive management and collectibles game platform based on MotoGPâ„¢, will be built on the […]

Xem chi tiết: Animoca Brands Brings “MotoGP™ Ignition” to Flow Blockchain, Announces First Collectibles NFT Sale

Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart

The popular trading card company Topps has just launched the “2021 Garbage Pail Kids Food Fight†series today, and the trading card packs are being sold at Target and Walmart stores. Not only will the Garbage Pail Kids (GPK) series provide people with collectible cardboard trading cards, Topps has also inserted blockchain-based rare code cards, […]

Xem chi tiết: Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart

Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart

The popular trading card company Topps has just launched the “2021 Garbage Pail Kids Food Fight†series today, and the trading card packs are being sold at Target and Walmart stores. Not only will the Garbage Pail Kids (GPK) series provide people with collectible cardboard trading cards, Topps has also inserted blockchain-based rare code cards, […]

Xem chi tiết: Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart

PTERIA to Mars Celebrates a New All Time High

press release PRESS RELEASE. While Bitcoin and the greatest part of altcoins are going down, Pteria DAO’s token PTERIA could not be outdone and is currently on Mars, exceeding $40. The moon is now too close, so Mars is the real new all time high to reach. However, the token, listed for the first time […]

Xem chi tiết: PTERIA to Mars Celebrates a New All Time High

Blockchain-Backed NFT Market Value Grew 299% in 2020

A report has unveiled figures that confirm the bullish run of non-fungible token markets over the last year. Two analytical firms behind the studies stated that the NFT industry grew by 299% in 2020. Total Number of Active Wallets Rose by 97% According to the NFT Report 2020, published by L’Atelier BNP Paribas and Nonfungible.com, […]

Xem chi tiết: Blockchain-Backed NFT Market Value Grew 299% in 2020

Sandbox Games and NFTs: Microsoft and Enjin Issue Minecraft-Compatible Blockchain Collectibles

Players who enjoy the best-selling video game Minecraft will be able to transfer blockchain-based non-fungible token (NFT) assets into the game. Microsoft and the company Enjin have issued Minecraft-compatible NFTs in order to celebrate the International Day of Women and Girls in Science. Minecraft-Compatible Non-Fungible Tokens The video game Minecraft is the most popular game […]

Xem chi tiết: Sandbox Games and NFTs: Microsoft and Enjin Issue Minecraft-Compatible Blockchain Collectibles

Linkin Park’s Mike Shinoda Auctions his First Non-Fungible Token

Blockchain Firm Labs Group Taps Enjin to Tokenize Real Estate Assets

Gaming Platform Enjin and Metaverseme Merge NFTs With Augmented Reality to Enhance Gaming Experience

Buying Items and Services With Bitcoin: A Look at Crypto Asset Accepting Merchants in 2021

Enjin Coin Becomes the First Gaming Cryptocurrency Approved by Japanese Regulators

Hip-Hop Star Soulja Boy Examines Crypto, Considers Creating His Own NFT Collectibles

Eligma Raises Additional €4 Million Equity Investment at €50 Million Valuation

Bitcoin.com Co-founder Files Legal Action Against Bridge.link Token Project Over Market Manipulation

Other Articles