Czech automobile conglomerate Škoda Auto launches NFT platform

On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token (NFT) experience in partnership with Near Protocol. Dubbed “Škodaverse India,” developers say the platform will possess low gas fees, interoperable NFTs for multiplatform usage, and eco-friendly, scalable NFTs. The firm wrote:  “Škodaverse India will also unlock bespoke utilities and experiences for NFT holders which will be revealed along with the first drop details. All NFTs will be minted on carbon-neutral blockchains, aligning with our sustainable vision.” The debut Škoda NFT…

Web3 Organization Teddy DAO Raises Money Through Daily NFT Auctions

David Chapman, founder of Teddy DAO, told CoinDesk that the project was inspired by an NFT sale he conducted last year, where he sold a one-of-one collectible and raised $15,000 for humanitarian aid organization UNICEF. He noted that this event not only highlighted the demand for NFT-backed charity donations but also indicated that the method could be used to onboard people new to Web3. Source

Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite

Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite. The move would mark a potentially huge opportunity for Web3 adoption by traditional gamers, given that Fortnite has had more than 242.9 million active players over the past 30 days, according to Active Player. Great catch with the @dotSWOOSH reference. @FortniteGame integration would be the biggest thing that’s ever happened with NFTs — Jalazo.eth (@nft4dummies) June 16, 2023 In a June 16 announcement across…

Sotheby’s hosts record $6.2m NFT sale

Sotheby’s latest auction sets a new record, a testament to the resilience and dynamism of the NFT art market. The star of the show, Dmitri Cherniak’s artwork, known widely as “The Goose,” flew off the auction block for an astounding $6.2 million. The tale of “The Goose” is as captivating as the artwork itself. It first rose to prominence when it was snapped up by Three Arrows Capital, a now-defunct cryptocurrency hedge fund.  Back in 2021, the company shelled out an eye-watering $5.66 million in ETH for this masterpiece. But…

Sotheby’s auctions off Dmitri Cerniak’s ‘The Goose’ NFT from 3AC collection for $6.2M

Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million. According to auction records updated June 15, Dmitri Cherniak’s artwork ‘The Goose’ sold for roughly $5.4 million in addition to Sotheby’s premium fees, totaling just over $6.2 million. The nonfungible token (NFT) artwork was part of 3AC’s digital portfolio assembled in 2021. 3AC co-founders Su Zhu and Kyle Davies purchased ‘The Goose’ in August 2021 for 1,800 Ether (ETH), roughly $5.8 million at…

Sotheby’s auctions off Dmitri Cherniak’s ‘The Goose’ NFT from 3AC collection for $6.2M

Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million. According to auction records updated June 15, Dmitri Cherniak’s artwork ‘The Goose’ sold for roughly $5.4 million in addition to Sotheby’s premium fees, totaling just over $6.2 million. The nonfungible token (NFT) artwork was part of 3AC’s digital portfolio assembled in 2021. Su Zhu and Kyle Davies, 3AC’s co-founders,  purchased ‘The Goose’ in August 2021 for 1,800 Ether (ETH), roughly $5.8 million at the…