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Fashion NFTs Retail

Diesel Jeans’ ‘D:VERSE’ NFT Project Drops on Rarible

Italian denim brand Diesel Jeans is set to debut its NFT collection, ‘D:VERSE’, on Rarible. The project’s goal is to offer customers a digital experience without completely straying from the physical, with the NFTs purchasable via crypto or fiat money.

No Universal Love for the ‘Phygital’

D:VERSE is Diesel’s newest platform and as of March 12 is the place to find NFT versions of the brand’s runway garments. The site will also be a hub where physical pieces can be purchased; hence ‘phygital’, as physical and digital collide, wordplay that not everyone seems to appreciate:

Anyone who becomes a D:VERSE NFT holder will also have access to the D:VERSE-KEY and the discord channel. The D:VERSE-KEY grants holders exclusive rights to raffles, metaverse outfits, NFT presales, and more.

Features of the first NFT release will include pieces from February’s Diesel FW22 runway show. Among them are a puffer jacket, a pair of sneakers, and a fur jacket, purchasable on a first-come-first-served basis in either crypto or fiat money. The public sale will last for 55 hours on the Rarible marketplace from March 12.

Fashion Retailers Queue Up to Launch NFTs

Everyday fashion retailers are taking the plunge into the world of NFTs as more and more brands launch digital collectibles. Earlier this year, even Crocs – “the world’s ugliest shoe” –  jumped into the NFT space and trademarked its intellectual property.

And popular US brand ‘The Gap’ has launched its NFT collection on the Tezos blockchain. The project collaborates with Brandon Sines, the creative mind behind Frank Ape, and will also feature a digital experience called ‘Gap Threads’.

Categories
Bitrefill Retail

How to Buy on eBay Using Crypto

Looking for a way to spend your cryptocurrency to buy items on eBay? Well, with a service called Bitrefill you can use your Bitcoin, Ethereum, Dogecoin and more to buy eBay gift cards, which can be used to purchase products from eBay directly.

No need to waste time converting your coins into Australian dollars through an exchange before you can go shopping. That’s the slow way!

Bitrefill provides a quick service to allow you to spend your crypto at popular outlets Australia-wide. It does this through offering a number of different gift cards and digital goods across Australia’s favourite retail stores and online marketplaces.

Bitrefill.com Buy eBay Gift Card with Cryptocurrency Example

Why Use Bitrefill to Shop on eBay?

It’s clear that Aussies love shopping on eBay. The website gets around 61 million visits every month, closely followed by Amazon at 28 million.

Some advantages of using Bitrefill include:

  • Quick and easy. You can purchase a gift card and make a purchase on eBay in less than two minutes (see video below). This is much quicker and simpler than using an exchange to sell coins for dollars and then waiting for withdrawals to process to your bank account before placing your order.
  • No accounts required. All you need to have is a valid email address for receiving your gift card. That’s it. No lengthy sign-up processes. No excessive personal information shared.
  • No Fees. The price that you see on the product page is what you pay, compared to exchange fees when converting between crypto>fiat or even sometimes withdrawal fees.
  • Earn Rewards. When using Bitrefill to buy an eBay gift card, you can earn 1% back on your purchase in Satoshis. Earn Bitcoin while shopping!

How to Buy on eBay Using Crypto via Bitrefill

Using Bitrefill to shop on eBay could not be easier. Follow the simple step guide on the video tutorial to make your eBay purchase in under one minute!

Step by Step Guide

Follow these instructions to buy eBay items with cryptocurrency:

  1. Go to Bitrefill – Visit bitrefill.com on your desktop or mobile browser, or download the iOS or Android mobile apps.
  2. Select eBay – Select eBay from the top products area.
  3. Enter amount – Enter your dollar amount you wish to purchase, enough to cover your item. Click “add to cart” and then click “checkout”.
  4. Select the cryptocurrency – Select your crypto payment method, such as Bitcoin (BTC), Bitcoin Lightning, Ether (ETH), Binance Pay, USDT or other.
  5. Make the payment – A QR code will appear showing the payment address to send your crypto to, or you can select a wallet such as Binance, Coinbase, Trust Wallet, Trezor, Ledger or other.
  6. Use voucher to purchase item – Checkout your item at eBay.com and enter your Bitrefill voucher code.
  7. Confirm your order – Confirm your order and shipping address and you’re all done!

See the screenshots below which show the steps explained above.

Buy on Ebay using crypto and Bitrefill – Purchase Gift Card
Buy on Ebay using crypto and Bitrefill – Select payment type
Buy on Ebay using crypto and Bitrefill – Confirm payment
Buy on Ebay using crypto and Bitrefill – Checkout complete

FAQs

Q: If my item costs less than my voucher, what happens to the remaining value? The remaining value difference between the cost and voucher stays on the voucher so it can be used for a future purchase. eBay supports using multiple vouchers per checkout.

Q: What cryptocurrency payment methods are supported? Bitcoin (BTC), Bitcoin Lightning, Ether (ETH), Binance Pay, USDT, Litecoin (LTC), Dogecoin (DOGE), or Dash. More help on payments can be found on the Ordering/Payments help page.

Q: How long does it take for my gift card to arrive? Upon confirmation of payment you will receive a receipt email with your Gift Card code/PIN, typically in less than one minute.

Q: Do I need a Bitrefill account to use the services? While an account is not required to shop, registering a Bitrefill account allows you to keep a balance with us, which can be used to purchase any of our offered products or services without having to pay blockchain transaction fees, and without having to wait for payment confirmation. You can also earn ‘sats back’ on most purchases which are automatically credited to your account and useable on future purchases.


Conclusion

Shopping with crypto doesn’t need to be hard, thanks to Bitrefill and their wide range of gift cards and digital products. Not only is it easier, cheaper and more convenient but you can also protect your personal privacy by using gift cards when shopping both instore and online.

To check out the full range beyond eBay, you can visit www.bitrefill.com or download their mobile app on iOS or Android. Keep an eye out for new gift cards that are constantly being added. 

You can stay up to date with the latest news by giving them a follow on Bitrefill Twitter.

Categories
Crypto News Cryptocurrencies Metaverse NFTs Retail

You Can Own a Sushi Shop on the Gold Coast as an NFT, If You Want

Fancy owning a business where you not only get to keep all the net profits but are not liable for any losses? And you’re not even required to be onsite but have staff and management to take care of day-to-day operations on your behalf?

Sounds too good to be true, but Australian food hospitality brand Sushi Sushi is the first retailer in the world to offer a store for sale via cryptocurrency, with all of the above benefits as part of the deal.

For a cool million AUD in a choice or combination of bitcoin (BTC), ether (ETH), Cardano (ADA) or Solana (SOL), anyone over 18 can become the new owner of Sushi Sushi’s store on busy Cavill Avenue in Surfers Paradise on Queensland’s Gold Coast, with a non-fungible token (NFT) to prove it.

Munching into the Metaverse

According to Sushi Sushi CEO and director Scott Meneilly, the brand is “entering the metaverse” with this sale. “You have to innovate or die, and part of this is about stepping outside of your comfort zone and pushing the minds of others,” he says.

We see a massive opportunity in using blockchain, and we felt that selling a franchise store using crypto was a great way to let people know we are serious about playing in this space.

Scott Meneilly, CEO and director, Sushi Sushi

The successful franchisee will not need to physically run the business, Meneilly says, as Sushi Sushi will take care of daily management and operation while the buyer receives all the net profit. The buyer will also not be responsible for any losses.

We believe that this is the future and that people will follow our lead. We want to innovate in this space and create a groundswell of new opportunity. I am a crypto enthusiast and I believe this is a currency that needs to be approached, seriously and respectfully, and we feel the best way to underscore this is with a serious business transaction.

Scott Meneilly, CEO and director, Sushi Sushi

Before becoming CEO of Sushi Sushi, Meneilly was the chief executive of Boost Juice and previously ran Australia’s largest tanning salon business, Body Bronze, between 2002 and 2008.

Check the Fine Print

If you’re thinking of visiting the Sushi Sushi website to register your interest, prospective franchisees should be aware of the following details listed in the fine print:

  • You will be part of a “joint venture” with Sushi Sushi by buying its Cavill Avenue business in crypto to the value of A$1 million.
  • You will receive 100 percent of the net profits from Sushi Sushi Cavill Ave (sales revenue minus total operating costs, being all expenses incurred in operating the store, including a management fee payable to Sushi Sushi) [Crypto News Australia‘s italics].
  • You will receive an exclusive one-of-one NFT of Sushi Sushi Cavill Ave (although said NFT is “currently in development and will be shown directly to the purchaser before being released for public viewing”.

As they say in the classics, caveat emptor (let the buyer beware). Just last week, Crypto News Australia reported that Australian auction house Lloyds was auctioning 50 NFTs of classic ’70s Aussie muscle car the Holden Torana A9X. That’s virtually one every week between now and next Christmas.

Categories
Crypto News Litecoin Retail Scams

Fake News Alert: Litecoin Surges on Walmart Adoption Hoax

We can now officially add “fake news” to a growing list of crypto scams after a bogus press release went out on September 13 claiming that US retail giant Walmart was partnering with Litecoin (LTC) to accept payments in the cryptocurrency.

The press release, published by US agency globenewswire.com, purported to be connected to “Walmart Inc”. Several mainstream media outlets including Reuters, Bloomberg and CNBC ran with it, inflating the value of Litecoin by 28.9 percent over 24 hours. Those gains were erased once it was established the news was false.

Several cryptocurrency influencers had already tweeted that the announcement was fake. One of them discovered that the URL “WALMART-CORP.COM” had been registered just last month. It was contained in the email quoted in the globenewswire.com press release and did not lead to an official website.

Whoever created the fake release most likely disposed of a significant quantity of LTC as traders swallowed the hype, meaning investors became unwitting victims of a simple pump-and-dump.

We promptly withdrew the press release and issued a Notice to Disregard. This has never happened before and we have already put in place enhanced authentication steps to prevent [it] from occurring in the future. We will work with the appropriate authorities to request – and facilitate – a full investigation, including into any criminal activity associated with this matter.

Statement from globenewswire.com

SEC Likely to Launch Investigation

The involvement of a publicly traded company means the SEC is also likely to launch an investigation. The regulator has repeatedly prosecuted those who try to use fake news to manipulate financial markets.

The Litecoin Foundation may also be partly to blame, as it retweeted the press release from its own account. But according to foundation head and Litecoin creator Charlie Lee, the retweet was a process error:

We have three people who have access to the [Litecoin] Twitter account. The person on duty saw the news on globenewswire.com and … retweeted it, and 10 minutes later he saw that it was fake and we deleted it. It’s unfortunate. We’ll definitely be more careful in the future … but I think the story blew up before we tweeted it.

Charlie Lee, Litecoin creator/foundation head
@emilychangtv grills Litecoin’s Charlie Lee about the fake Walmart press release.