By Harry B - Crypto Specialist - 28-07-2021
At the end of the month, the OpenSea marketplace will open a three-day auction for people to buy crypto-based art made by Coca-Cola. Digital artist Tafi was amongst the designers for the non fungible assets. These were created with ‘video-game loot boxes’ in mind, of which once the user is granted access, reveal multiple ‘hidden surprises’. Access and ownership is only available to the individual who completes the purchase.
Referred to as "Friendship Boxes", the NFT will contain a Coca-Cola cooler, a bubble jacket item of clothing that users can wear in the Ethereum powered virtual landscape of Decentraland. Participants will also possess one friendship card, a virtual sound instrument that plays the sound of a bottle opening, a soft drink poured over ice, and the fizz sound commonly associated with carbonated beverages. Soft drink fanatics can submit their bids in Ethereum (ETH) through the OpenSea platform until August 2.
"Each NFT was created to celebrate elements that are core to the Coca-Cola brand”, spokesperson and president of Global Coca-Cola Trademark Selman Careaga stated. They have been “reinterpreted for a virtual world in new and exciting ways”.
The soft drink company announced that the auction revenues would be donated to Special Olympics International, a sports organisation dedicated to addressing and removing exclusion and prejudice against individuals with learning and physical disabilities.
While the beverage manufacturer has never explored the cryptocurrency trading and blockchain industry, several bottling partners utilise decentralised ledger technologies for their supply chain management.
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Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards