0xytocin Labs Acquire Chain Scouts as NHMS Launches first NFTs

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Oxytocin Labs has announced its acquisition of the NFT project, Chain Scouts while the New Hampshire Motor Speedway (NHMS) has delved into the world of NFTs

Web3 product studio, Oxytocin Labs has announced its acquisition of a popular  Singaporean NFT project, Chain Scouts. This was made known in a press statement signed by its communication group.

Oxytocin labs acquire Chain Scouts

According to the Statement.

The developer team behind Project Godjira, SkyVerse, and many other NFT projects, 0xytocin Labs, has acquired Chain Scouts. This is to enhance their ecosystem and develop exciting NFT products.  

With a team of over 30 safe NFT drops and over 5000 ETH processed via products, 0xytocin Labs has grown consistently. And as a result, will lead the Chain Scouts ecosystem with their experience and passion for innovation.

Furthermore, it reads.

“With a staking game planned to drop in this quarter, the Chain Scouts community will get access to a never-before implemented multi-chain game. Playable with the Omni-Chain Ships(NFTs on Ethereum and Polygon), Chain Scouts NFT collections’ holders can claim their first ship(s) for free! (minting additional ships will be possible using the Chain Scouts ecosystem erc20 token $BANANITE). 

“With exciting NFT partner collaborations also being an integral part of the game dynamics, this innovation in the NFT staking game universe will only be the start of this journey. A Chain Scouts team planned a metaverse experience for the community later this quarter. A Minecraft server built in collaboration with 1UP Nova and NFT Worlds will host this metaverse. Additionally, another pixel-art metaverse experience unlike any other will kick off development in the existing quarter as well.”

Finally, 0xytocin Labs is a web3 product company specializing in perfect NFT drops, enabled by their proprietary suite of products called 8080 Tools.

New Hampshire Motor Speedway (NHMS) Delves into NFTs with its New Launch 

The New Hampshire Motor Speedway (NHMS) has delved into the world of NFTs by making available its works at RaceDayNFT.com. Fans can now purchase NHMS-themed NFTs via RaceDayNFT.com, Speedway Motorsports’ original digital marketplace for race fans.

The NHSM Scheduled Drops

NHMS’s full 2022 collection on RaceDayNFT.com includes the following scheduled drops:

Monday, July 11 (Today): 250 Ambetter 301 race pin NFTs for $5 each

Wednesday, July 13: 100 Speedway Children’s Charities tokens for $50 each with proceeds benefiting the New Hampshire Chapter of Speedway Children’s Charities

Thursday, July 14: 250 Ambetter 301 virtual diecast NFTs for $10 each.

Sunday, July 17: Commemorative Ambetter 301 ticket NFTs

Available for free to all Ambetter 301 ticket holders

250 available to the general public for $5 each.

In a statement, the group announced their excitement on the NFT launch.

“We’re excited to offer these new digital collectibles for the first time to every race fan who celebrates NASCAR’s only visit to New England here at ‘The Magic Mile,’” said New Hampshire Motor Speedway Executive Vice President and General Manager David McGrath. “Speedway Motorsports has led the charge on creating the first motorsports NFT marketplace, and we look forward to sharing our first collection of NFTs this week in advance of Sunday’s Ambetter 301.”

In partnership with GigLabs, Speedway Motorsports created RaceDayNFT.com, the original motorsports NFT marketplace, for race fans in 2021. RaceDayNFT.com is built on the environmentally-friendly Flow Blockchain. And this is the home of other leading sports NFT projects including NBA Top Shot and NFL ALL DAY. 

Furthermore, RaceDayNFT.com is also linked with Dapper Wallet. And this wallet allows customers to conduct NFT business with credit cards as well as multiple currencies including popular cryptocurrency options such as Bitcoin and Ethereum. Speedway Motorsports uses GigLab’s proprietary NFT Bridge platform to create and operate its NFT marketplace. NFT Bridge helps brands remove the complexity of smart contracts, blockchain integration, NFT design and management, and event services. 

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