Crypto on LYO: The Blend — Sao Paulo Football Team Acquires Player Using Crypto, Mercedes-Benz and Polygon Create a Data Sharing Platform, Tiffany & Co Launches “NFTiff”

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What happened in the crypto world in the last week? Let’s see some interesting news together! 

Sao Paulo Football Team Uses Crypto to Sign Local Player 

One of the prominent teams in Brazil’s football scene, Sao Paulo, used USDC, a stablecoin pegged to the US dollar, to acquire a player from Banfield, a mid-table Argentine team. 

Banfield’s Athletic Club Midfielder Giuliano Galoppo was signed to Sao Paulo Futebol Club for 8 million USD Coins ($USDC) in partnership with cryptocurrency exchange Bitso

According to Bitso Brazil CEO Thales Freitas, this “historical signing of Sao Paulo” was only made possible by crypto’s safety, transparency, and flexibility

Mercedes-Benz and Polygon Create a Data Sharing Platform

Daimler South East Asia, a part of the Mercedes Benz Group, has partnered with Polygon, an Ethereum Layer-2 scalability platform, to introduce a blockchain-based data-sharing network

Acentrik, Daimler South East Asia’s new data-sharing platform, will allow businesses and companies to buy and sell data in a decentralized manner. 

Other companies from different sectors can also use the platform to exchange different types of data such as clinical trials data, insurance information, scientific studies, and more. 

Tiffany & Co Launches “NFTiff” for CryptoPunk Owners 

The 184-year-old jewelry maker is collaborating with Chain, a blockchain tech company, to create CryptoPunk owners custom pendants for $50,000 or 30 ETH.

After Tiffany & Co’s exclusive offer for CryptoPunk owners, the NFT collection’s sales volume soared by 248%

Tiffany & Co tweeted on Sunday: 

“We’re taking NFTs to the next level. Exclusive to CryptoPunks holders, NFTiff transforms your NFT into a bespoke pendant handcrafted by Tiffany & Co. artisans.” 

Moreover, buyers will also receive the pendant’s NFT version.  

The handcrafted jewelry will include a minimum of 30 diamonds or gemstones and will hang on an 18K gold chain. 

LYOPAY Global Summit 2022

LYOPAY held its first ever LYOPAY Global Summit on 31 July, in Dubai, UAE, and was filled with hundreds of crypto enthusiasts from around the world. 

New partnerships were formed and tons of opportunities were opened. The event served as an avenue for LYOPAY to introduce its vision, mission, and what the LYO Ecosystem can offer to the world. 

Stay tuned for next week’s crypto news! Follow LYOPAY social media pages: 

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