Tag: NFT

Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to Appreciate Digital Art Over Hype

Proof’s Grails III is the third iteration of its mystery NFT compilation series. In February 2022, Grails I dropped, with work from entrepreneur Gary Vaynerchuk, CryptoPunks and Meebits creator Larva Labs and generative artist Tyler Hobbs. The next edition, Grails II, was released in August and featured works from Art Blocks founder Erick Calderon, Pussy Riot co-founder Nadya Tolokonnikova and generative artist Refik Anadol. Source

Amazon to Launch NFT Initiative This Spring

A few sources stated that the initiative would likely be about getting Amazon customers to play crypto games and claim free NFTs in the process. And the platform will probably be run out of Amazon rather than Amazon Web Services (AWS). E-commerce giant Amazon.com Inc (NASDAQ: AMZN) is planning to launch an initiative that involves non-fungible tokens (NFTs). According to those familiar with the matter, the NFT initiative, known as “digital assets enterprise”, will allow Amazon to focus on blockchain-based gaming that rewards players with NFTs. The NFT initiative is…

Fortune Unicorn Club (FUC), the First DIY-Mint Method NFT Project, Has Won 2 Million in Funding in the ForChain Labs’ Seed Round – Press release Bitcoin News

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press release PRESS RELEASE. ForChain Labs was founded in April 2022 as a web 3 startup company. Meanwhile, the NFT project, Fortune Unicorn Club, was being developed. ForChain Labs has raised 2 million funds in its seed round and will use the funds to develop and operate Fortune Unicorn Club (FUC), the first NFT project to utilize DIY-minting. As reported, ForChain Labs currently manages investments in four major segments: industrial, technology, finance, and web 2, with 198 portfolio companies and $9.3 billion in assets. As a result, the venture capital…

Keep an eye out for major company NFT trademark filings this year

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Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer Michael Kondoudis said while many people may think big corporations are just jumping onto the NFT trend as a novelty, “it is not possible” to register a trademark in the United States with no intention to use it. Despite a relatively low cost for filing an application — ranging from $250 to $350 per class of goods/services —…

Artists Pussy Riot and Shepard Fairey Team Up to Raise Money for Ukraine Through NFT Collection

Tolokonnikova began creating Putin’s Ashes in August, when Pussy Riot members burned an image of Russian President Vladimir Putin in a protest. Collecting the ashes from the event, Tolokonnikova bottled them to create the artwork for the NFT collection. The collection also features work by Fairey in his signature style, depicting Tolokonnikova wearing a corset with Putin on the front that appears to be in flames. Source

Porsche NFT trading volume nears $5M despite launch woes, minting halt

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German luxury car manufacturer Porsche’s nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume, according to data from NFTScan at the time of writing on Jan. 26. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales.  Originally meant to have a total supply of 7,500 NFTs, Porsche abruptly halted the minting process on Jan. 25 after some users complained of high minting prices and lack of utility for NFT holders. The supply has since been…

Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea – Bitcoin News

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Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of the market share. Blur NFT Marketplace Captures 30% of Market Share in Sales Volume An NFT marketplace called Blur has seen an increase in market share over the past 30 days. According to statistics from Dune Analytics, Blur holds 30% of the NFT market’s…