In this week’s newsletter, read about how Yuga Labs’ first Bitcoin-based nonfungible tokens (NFTs) earned $16.5 million in 24 hours, and how the Bitcoin NFT market can reach $4.5 billion by 2025. Check out how Binance’s artificial intelligence NFT generator got 10,000 mints 2.5 hours after its launch, and find out how the Flare blockchain got its own NFT marketplace. And don’t forget this week’s Nifty News, featuring Square Enix’s NFT-friendly CEO stepping down. Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours In the first 24 hours…
Tag: NFT
The ‘soft shell taco method’ of becoming a hot new NFT artist — Terrell Jones, NFT Creator – Cointelegraph Magazine
Artist: Terrell Jones, MichiganDate minted first NFT: March 28, 2021Which blockchains? Ethereum, Tezos Influenced by classic gangster films, Terrell Jones has a distinctive style that captures imagination and nostalgia. He is about to auction a second piece at Sotheby’s and has a patented “soft-shell taco method” to garner the attention of notable collectors. Who is he? From childhood aspirations of being a cartoonist to now being one of the hottest new NFT artists capturing the attention of elite collectors and Sotheby’s, Terrell Jones is well into his launch trajectory. Born…
The metaverse is getting a greenhouse and a garden full of NFT flowers
The world of Web3 has offered users the opportunity to recreate their digital identity, along with offering new avenues of creative expression and individuality. This is more so the case as nonfungible tokens (NFTs) become more dynamic and personalizable. On Feb. 8 a new project from Snark.art and OG.Art called Heterosis launched a collection of dynamic NFT flowers that are breedable and customizable by holders. After the initial mint of the NFT flower, users are able to look into the greater catalog of flowers available and begin to “breed” flowers…
The metaverse is getting a greenhouse and garden full of NFT flowers
The world of Web3 has offered users the opportunity to recreate their digital identity, along with offering new avenues of creative expression and individuality. This is more so the case as nonfungible tokens (NFTs) become more dynamic and personalizable. On Feb. 8 a new project from Snark.art and OG.Art called Heterosis launched a collection of dynamic NFT flowers that are breedable and customizable by holders. After the initial mint of the NFT flower, users are able to look into the greater catalog of flowers available and begin to “breed” flowers…
Binance NFT adds Polygon network support to its marketplace
Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace. According to the announcement, the move further expands the NFT ecosystem within the Binance community. With the new integration, users of the Binance NFT marketplace can trade NFTs on various blockchains like Ethereum, BNB Smart Chain and Polygon using their Binance accounts. We’ve now added support for Polygon on the #Binance NFT Marketplace! Users can now buy, sell, deposit and withdraw NFTs on…
Web3 Startup nealthy Raises $1.3M in Pre-Seed Funding Round to Simplify Crypto and NFT Investment
nealthy has announced a successful pre-seed funding round that will help the startup offer more services to help users easily invest in Web3. nealthy, a Web3 startup that facilitates cryptocurrency and NFT investments, has announced that it successfully concluded a pre-seed funding round where it raised $1.3 million. The funding round saw backing from several Web3 investors and crypto celebrity ‘DonGeraldo.’ The Web3 startup is an Ethereum-based platform offering interested users varying exposure levels to NFT and crypto investments. nealthy plans to use the funds for team expansion by hiring…
AI Artist Claire Silver to Show NFT Collection at Louvre
In addition to her new collection debut, a one-of-one NFT artwork titled “Love in the 4th Turning” will exhibit at the Louvre. According to the piece’s description, its concept was based on the Strauss-Howe generational theory, which posits that “there is a recurring generational cycle of archetypes throughout history.” The piece is available on OpenSea, and at the time of writing, the top bid stands at 44.44 wrapped ether, or $68,677. Source
Yuga Labs Co-Founder Says First Bitcoin NFT Auction Doesn’t Open Door to Scammers
Solano, however, said Yuga’s decision to use the Bitcoin blockchain is the company’s effort to be more transparent. By being explicit, the company could then “set the best precedent … given the constraints of running a trustless auction on Bitcoin that simply isn’t possible at this stage.” Original
Yuga Labs Nets $16.5M Under 24 Hours of TwelveFold NFT Auction
Yuga Labs has confirmed that the top 288 bidders will receive their inscriptions within the week. Yuga Labs has just concluded the auction of its first-ever Bitcoin-based non-fungible token (NFT) collection – TwelveFold. The auction, which lasted for 24 hours, saw 288 successful bidders claiming as many pieces from the collection. And according to the firm, it has netted no less than $16.5 million within the short auction period. Sharing more details about the auction, a Yuga Labs spokesperson claims that bids for the TwelveFold collection were 3,246 in total.…
Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours
The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) collection has ended, netting the firm $16.5 million in just 24 hours. A total of 288 bidders won one of the Bitcoin NFTs from the “TwelveFold” collection. Yuga said the winners will receive their inscription within one week, while the unsuccessful bids will have their bid amount returned within 24 hours. The TwelveFold auction has ended. Congratulations to the top 288 bidders – you will receive your inscription within one week. Valid bids that did not rank in the…