Games and tokenization are driving NFT industry maturation

From tokenizing investment assets to game avatars, nonfungible tokens (NFTs) have an array of applications that go beyond digital art, with more projects coming online despite the market downturn in 2022.  At the NFT.NYC 2023 conference, Cointelegraph’s team learned first-hand from experts, projects, companies, and the NFT community how the technology is shaping the digital world. Check out the highlights of the three-day event below: NFT games show signs of maturing  After years of development, the first batch of NFT-based gaming projects are entering the market, paving the way for…

Trump’s Second NFT Drop Slumps, Sotheby’s Selling NFTs Seized From 3AC

Trump NFTs, take two: In case you missed out on the first round of outlandish NFTs featuring the former president in various costumes and poses, Trump’s digital trading cards are back for a second series. Although both collections sold out within a day of launch, the first series had greater success in terms of secondary sales. At the time of writing, Trump’s second collection had a floor price on OpenSea of 0.049 ETH – or about $97, which is less than its mint price of $99. Currently, the best offer…

Marvel Studios Founder David Maisel Launches Mythos Studios’ First NFT Collection

On May 2 at 10 a.m. PT, the Ekos Genesis Art Collection will kick off a Dutch auction of 995 1/1 NFTs. The date holds special significance for Maisel, as it marks the 15th anniversary of the theatrical release of “Iron Man,” the movie that kicked off the Marvel Cinematic Universe. The Dutch auction will last 88 minutes and bidding will start at 10 ether (ETH), then drop by 0.5 ETH every four minutes until the price hits 0.5 ETH. Finally, it will drop to 0.2 ETH for the final…

NYX Professional Makeup Launches NFT Collection for GORJS

For the Dream Vortex NFT project, NYX has partnered with the movers and shakers of the Web 3.0 space. NYX Professional Makeup has released a non-fungible token (NFT) collection for the world’s first beauty DAO – GORJS. Tagged “Dream Vortex”, the collection features 4,150 unique NFTs curated by a group of nine artists. NYX Professional Makeup Touches on Diversity and Inclusion with New NFT Project According to the official press release, each art considers the new era of beauty, focusing on the diversities that exist therein. That is, each NFT…

Sotheby’s to auction seized 3AC’s NFT collection

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Popular auction house Sotheby’s will be selling an “unparalleled collection” of non-fungible tokens (NFTs) that was acquired by bankrupt crypto hedge fund Three Arrows Capital and later seized after the company collapsed.  Sotheby’s is set to auction a digital art collection called “Grails”, which features “some of the rarest and most important works” from notable NFT artists, as stated in a press release. The artworks in the collection will be offered globally via live auctions, private…

Donald Trump’s NFT Trading Cards Sell Out Again for $4.6M

Despite the mixed reactions from critics and enthusiasts, the successful sales of Trump’s NFT Trading Cards show that there’s still significant interest in NFTs. A second series of Former President Donald Trump’s NFT Trading Cards has hit the crypto market and sold out in less than 24 hours. Designed by digital artist, Clark Mitchell, the NFTs are minted on the Polygon chain. The second series features 47,000 digital collectables priced at $99 each. With varying levels of rarity, the entire collection sold out in less than 24 hours. According to…

Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’ – Bitcoin News

On Wednesday, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The auction, called the “Grails” NFT collection, will take place during Marquee Sale Week at the firm’s New York location. Sotheby’s Introduces the ‘Grails’ NFT Collection In July of last year, the crypto hedge fund Three Arrows Capital (3AC) filed for bankruptcy protection, and Teneo took over as the liquidator…

American rapper Soulja Boy accused of scam Twitter promotions and NFT drops

On-chain sleuth @zachxbt has brought to attention that American rapper Soulja Boy has been scamming people with his 16 NFT drops and 73 promotions on Twitter. The rapper is said to have participated in multiple pump-and-dump schemes where he advertised projects and enticed his fans to invest in them just to quit them soon after, leaving his supporters with worthless investments. Soulja Boy accused of Twitter, NFT scams The rise of NFTs has brought with it an increase in numerous scams and fraudulent activities. Rapper Soulja Boy has joined the…