Blue-collar workers are the gears that make the world go round. They turn in a hard day’s work day after day, so there is little question that these professions hold a valuable place in society. Unfortunately, despite their contributions, these hard workers often go unnoticed. Cointelegraph and Web3 metaverse concert platform Animal Concerts have joined together to recognize the efforts of hard workers and overachievers with a nonfungible token (NFT) collection named A Hard Working Man (AHWM). Inspired by “A Hard Working Man” — a song from The Avila Brothers,…
Tag: NFT
Founders of Gemini-Owned NFT Marketplace Nifty Exchange Are Leaving the Company
Duncan Cock Foster said he and his brother would be replaced by VP of engineering Eddie Ma as technical leader, and director of collector services and growth Tara Harris as non-tech leader, and that he and Griffin would continue with the company as advisors to ensure continuity. Source
Doodles Releases Eagerly Awaited New NFT Project Doodles 2 on Flow
“We’ve productized the community’s desire to customize their Doodles so that it matches their IRL vibe exactly,” said Doodles head of product and co-founder Jordan Castro. “Tech aside, Doodles 2 is the passport that’s used in all of our products – experiences, games, apps, music, animation releases, to bring further personalization, customization and rewards to our fans.” Source
Porsche Backpedals Its NFT Minting Plan as Floor Price Collapses
After a strong community backlash over very high minting prices and lack of communication, Porsche decided to backpedal its NFT plans. On Tuesday, January 24, luxury automobile maker Porsche announced that it would be ending its NFT minting program. Based on the classic Porsche 911, the German automobile maker introduced the 7,500-piece NFT collection back in November 2022, created by 3D artist Patrick Vogel. However, the NFT minting program from Porsche ends within just two days of launch earlier this week on Monday. As minting opened up this Monday, each…
Porsche ends ‘low effort’ NFT mint early, Oreo dunks into the Metaverse and more
Porsche criticized for ‘low effort’ NFTs, ends mint early Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started, saying its “holders have spoken.” The Jan. 23 launch was seen by some as a huge flop for Porsche with just 2,040 of the 7,500 NFTs available having been sold at the time of writing. Our holders have spoken. We’re going to cut our supply and stop the mint to move forward with creating the…
Porsche NFT Debut Is a Reminder to Let Web3 Natives Take the Wheel
To many enthusiastic collectors, artists, creatives, builders and gamers, NFTs and Web3 technology is no passing fad. In fact, many view Web3 as the inevitable future progression of the internet, where power and ownership are placed back into the hands of creators. Source DebutnativesNFTPorscheReminderWeb3Wheel CryptoX Portal
Porsche’s NFT Debut Is a Reminder to Let Web3 Natives Take the Wheel
To many enthusiastic collectors, artists, creatives, builders and gamers, NFTs and Web3 technology is no passing fad. In fact, many view Web3 as the inevitable future progression of the internet, where power and ownership are placed back into the hands of creators. Source
Porsche Stops NFT Mint After Community Backlash
Of the 7,500 tokens available, only 1,818 were minted at the time of writing. The project fared worse on secondary marketplaces such as OpenSea, with NFTs selling for below the mint price – meaning, it was cheaper to buy the NFT at resale than mint an original. Source
Twitch Co-Founder’s Gaming NFT Marketplace Expands to Polygon Network
The company said in a press release that expanding into Polygon will help it “focus on user acquisition and provide the blockchain tooling and financial infrastructure necessary to spur successful game development.” Its F Studio product suite will now offer a Polygon-based launchpad, marketplace, tournaments, developer SDK, game launcher and sign-in with Fractal service. Source
Solana Network On Hyperdrive With Marked Growth On TVL, NFT Trade Volume
Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors. Here’s a quick glance at SOL performance of late: SOL metrics and trustworthiness score looking positive Solana’s TVL seen to jump higher Solana rolls out Saga Pass Cards There is sizeable growth seen both in terms of NFT with the rollout of the Saga Pass Cards and market cap.…