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Tag: NFTs

NFT Market Review and Hottest Opportunities

The renowned German car maker, Porsche put a halt to its NFT minting initiative, after facing an onslaught of criticism from followers of its brand, across social media. The tokens were each replica of the Porsche 911 model holding a price of 0.911 ETH, or around $1,400 each. Users across social media lashed out against the company for not thinking through a sound web3 strategy while rushing to capture gains from the world of NFTs. Those that did come under minting, amounted to 1,818, of the 7,500 intended, and performed terribly throughout secondary platforms such as OpenSea.

In what is becoming a rapidly growing list of victims of prominent crypto figures, Kevin Rose has become the most recent to have been part of a hacking attack and NFT theft. The co-founder of Moonbirds Creator Proof alleged that his Ethereum wallet came under the compromise, and up to 40 NFTs saw swiping by the hackers. These totaled about $1 million in total worth, and deliver a substantial blow to net worth Rose. According to a recent series of tweets, the attack was carried out in a classic phishing approach, by pulling the victim into a false sense of security and subsequently acquiring his digital signature.

The up-and-coming gaming NFT marketplace, Fractal recently made headlines after an announcement claiming an expansion to the Polygon network. Fractal, which was a closely followed platform in the NFT space will be seeing a boost in its exposure and accessibility as a result of this venture and will be closer to entering the mainstream. The platform was the brainchild of Justin Kan, a co-founder of the popular game streaming site, Twitch.

NFTs to Watch

Proceed w/ Caution NFT

The Proceed w/ Caution (PWC) collection is currently in the market spotlight, with NFT traders rushing to get a hold of these exciting tokens. The trade volume of this art-based collection amounts to 1860 ETH, and indicates the high level of interest surrounding it.

The project is the brainchild of the digital creator and artist, Lucrece, who had been working on these lovable monsters for over two years. The collection is highly interesting, in the sense that it has a complete color coding, with each color representing a different NFT phase, and hence a unique valuation.

Seize the Meebs NFT

The ‘Seize the Meebs’ NFT project has been performing tremendously in recent days, seeing its floor price more than triple, as a result of the growing interest surrounding it. Total volume for the collection currently exceeds 690 ETH.

This collection rests on four fundamental principles, which are: Provenance, Utility, Mass Appeal, and ‘Metaversability’. One reason why this NFT collection is seeing surging interest is the additional wave of minting which will be taking place later today. The market, therefore, seems to be rushing Meebs before bulls drive up its value amid the growing hype.

January 26, 2023
NFT Weekly News Updates and Top Opportunities

In what comes as a surprise for those who believed NFT days of glory to have ended, Yuga Labs’ latest release took the market by an unprecedented storm. The creators of the Bored Ape Yacht Club series came up with a Sewer Pass digital collection, giving holders access to the highly exciting game, Dookey Dash. Only hours after release, the collection raked in over $6 million by eager market participants. The highest tier of the sewer pass ticket is that which belongs to a holder of BAYP, thus tying into the wider ecosystem.

The tech giant, Google, is facing severe backlash after news that the renowned NFT influencer, Alex, faced an attack by a hacker link displayed on the Google Ads result. Alex claimed all his NFT and crypto-holdings associated with his wallet had been maliciously transferred to different accounts, and his total net worth had thus taken a considerable hit. The link also redirected Alex to a phishing platform which caused hackers to gain access to his Twitter account, after which similar links were tweeted to his followers.

One of the most renowned art museums in the world, the San Francisco Museum of Modern Art (SFMoMA) recently got hold of its very first NFT. The token it acquired is the brainchild of artist and director Hershman Leeson, who has spent close to 50 years questioning the relationship human beings have with technology. The news comes as a breakthrough for many onlookers, especially amid speculations that non-fungible tokens were experiencing a slow death since early 2021, and would fade into irrelevance over time. It seems apparent that museums may be realizing the inherent potential NFTs bring to artwork.

NFTs to Watch

Sewer Pass NFT

The Sewer Pass collection is all the talk of the town right now with its trade volume presently exceeding the 6,400 ETH mark. Enthusiasts and Yuga Labs fans have been rushing Sewer Pass, which gives holders access to the skill-based Dookie-Dash game.

On the surface, Sewer Pass NFTs appear to be a simple access card to a fun game, but it actually ties into a broader narrative. Any user that scores higher than zero on the game would have their tale immortalized as a part of the wider narrative of the BAYP ecosystem. Those who hold a Bored Ape Yacht Club NFT alongside a Sewer Pass would receive tier 1 privileges.

The Harvest by Per Kristian Stoveland NFT

Art_Blocks’ recent initiative that has been gathering significant traction across the non-fungible token domain is The Harvest by Per Kristian Stoveland.

This collection draws into the spectacular worlds of space exploration and science fiction, with incredible pieces of symbolic, yet abstract art. Each of the NFTs further ties into a well-established lore, involving a cosmic Caretaker, constellations, and chromatic beams. Within this incredible narrative, the “harvest” is a reference to the awakening of the Caretaker, who sends out minions across the dimensions of space. This NFT collection is a clear breath of fresh air in a world where low-effort collections are seeing pumping into the market on a daily basis.

January 20, 2023
NFT Overview: Top News Stories and Hottest Opportunities

After many onlookers observed the slow death of the NFT market across 2022, new year’s day brought fresh life to its performance and a substantial boost in opportunity, according to the latest figures. In the first week of January, weekly trade volume surpassed the $209 million mark, and thus denoted a climb of 26%, against the final week of 2022. According to metrics by cryptoslam.io, 1.2 million NFT transactions saw completion during this period, among more than 700,000 buyers.

The recent talk of the town within social media, and across NFT circles in particular seems to be all about the Game of Thrones NFTs that recently saw release on niftys.com. It had evidently been a wild success in the market, especially when considering the fact that all tokens sold out on the very day of their launch. Despite this however, the collection has been facing an onslaught of critical remarks by fans and followers, calling out the NFTs for being poorly drawn. Meanwhile others have pointed out bizarre shapes and “salad fingers” that many of the characters have.

All eyes in the crypto-realm are currently looking toward the Australian tennis open, which is currently underway. This time around, the governing body, Tennis Australia has announced its plans to expand its NFT ball art program, significantly. The move is remarkable because the organization is deciding to go on with the initiative, despite the widespread uncertainty dominating wider cryptocurrency markets. This “AO Artball” NFT project saw its launch last year, when NFT craze was at its height, and the crypto-market was extremely bullish and optimistic.

NFTs to Watch

Mutant Hound Collars NFT

The Mutant Hound Collars NFT collection was among the top winners of recent days, with its floor price seeing a surge of 257%, and its trade volume making it to 1,150 ETH.

The collection is among the most popular within NFT spaces and is for fans of lore-driven fantasies. There are 10,000 collars within the collection, which allows its holders to redeem hounds from the infamous ‘hound lair’. Based on the lore surrounding this tale, these are hounds, upon which rigorous experiments have been conducted, and hence mutated in the process. Each of the redeemed hounds is highly unique and can see trading, swapping, and use within the ecosystem.

Friendship Bracelets NFT

The Friendship Bracelets NFT project by Alexis Andre has been seeing a growing interest surrounding it as of late, especially as it made it to the top of Opensea rankings this week. The concept is one that takes digital art to its limits, in an attempt to produce highly intriguing works of art which bring subjective meaning, yet no inherent value. In its essence, it very much is a commentary on the notion of a nonfungible token, and art in general.

The Friendship Bracelets project is a darling among art enthusiasts in NFT spaces due to its elegant designs, which come about through the most accessible of tools. With constantly shifting forms of NFT and complex ecosystems seeing launch with each given day, the pure and simplistic Friendship Bracelets NFT collection is a breath of fresh air.

January 12, 2023
NFT Highlights & Opportunities

Following the FTX meltdown, a number of high-profile NFT holders have suffered catastrophic losses. The most popular of these losses go to Justin Bieber, who spent over $1.3 million for a Bored Ape NFT, the fair value of which has now fallen below $70,000. The news comes as an indicator of how drastically NFTs in general have fallen in the last year, with most of the hype surrounding them now seen with serious skepticism.

The big tech company, Sony, has recently been flirting with the idea of incorporating NFTs into its Playstation platforms, without making explicit references. Following a recent patent filing, management personnel has hinted about the inclusion of a system whereby users would be able to exclusively own and trade specific in-game resources and collectibles with each other. Most notably, these transactions are said to verify under a blockchain-based system. This could revolutionize NFTs in an unprecedented manner, given the sheer influence that Playstation commands at a global level.

The most recent NFT-related milestone by a giant brand comes from the sports apparel king, Nike Inc. The company has officially launched Swoosh, a Web-3 platform through which users can collect, trade, and use polygon-based NFTs. These will feature digital apparel for users’ avatars in the metaverse and virtual spaces. Swoosh represents another major milestone toward NFT normalization, and powerful brands are being compelled to tap into its potential.

NFTs to Watch

Valhalla NFT

The Valhalla NFTs have been trending this week, with substantial social media chatter detected mentioning these hot tokens. This collection is aimed at seasoned gamers who hold an appreciation for online gaming culture which has been evolving for decades.

The collection features avatars based on the Valhalla game, which combines the dystopian elements of Blade Runner and The Matrix. The futuristic aspects of the Valhalla space are designed to be highly immersive, and hence amplify the appeal surrounding the collection. Based on sales volume alone, Valhalla is the top project listed on Opensea, as of the writing of this newsletter.

Invisible Friends NFT

The Invisible Friends NFT is another red hot one, currently under the market spotlight. The collection features 5,000 characters, which fall under the broader umbrella of the Random Character Collective. These tokens are essentially looped graphics of walking Invisible Friends, of which only their clothes and apparel are visible. The smoothly looping animation thus induces a sense of calm tranquility to the viewer.

The wider ecosystem also features a collection of 3D Invisible Friends adding to the appeal surrounding the broader project. Invisible Friends has 520,000 followers on Twitter, thereby, making it one of the most popular in the social media spaces.

November 25, 2022
NFT News and Opportunities

After much speculation, Meta Technologies finally broke the silence and announced its plans of incorporating NFTs onto Instagram. The company stated that it aims to allow Instagrammers to mint and sell collectible content to interested parties. The breakthrough may cause a fundamental shift in NFT market dynamics, considering the brand value inherent to Instagram, as the world’s most popular photo and video-sharing social media platform. The feature is still in its pilot phase, and will initially be available to users in the USA before it expands the program internationally.

One of the most popular television series of the generation, Game of Thrones, may be well on its way to getting exclusive NFTs for fans and investors. The TV network, HBO has partnered up with Warner Brothers Discovery for this project, which it has labeled “Game of Thrones: Build your Realm”. In their realms, users will be able to buy characters relating to the television series, which can upgrade with companions, weapons, and other similar equipment. The official launch is expected to take place later this month.

The internet browsing company Opera recently announced the launch of an NFT tool labeled DegenKnows to be integrated into its web3 browser. DegenKnows essentially is an analytics and exploration application, which allows users to keep track of selected NFTs, and monitor various fundamentals relating to it. What is most impressive about the tool is its innovative capability of providing users with off-chain analytics from social media sources, such as Discord channels and Twitter threads.

NFTs to Watch

KPR NFT

KPR is currently the talk of the town in the world of NFTs, with its trade volume exceeding 432 ETH.

The KPR project caters primarily to world-building enthusiasts and storytellers by unlocking the potential the metaverse and NFTs have to offer in this realm of creativity. Throughout 2022, the developers of KPR have built a rich world with captivating texture packs and immense depth. However, those holding the KPR NFT would act as Keepers to this world and fill its void with fantastical stories and incredible lore to give it life.

Art Gobblers NFT

The Art Gobblers NFT stands as one of the most popular NFTs out there, as a result of its reputation as a brainchild of the creators of the popular animated television show, Rick and Morty. Moreover, the collection features characters drawn in the Rick and Morty art style and boasts a total volume of a whopping 9,632 ETH.

The Art Gobblers project essentially labels itself as ‘an experimental decentralized art factory’ allowing artists to create and sell their art. Users purchase pieces of art, which Art Gobblers gobble up and produce goo as a result. The more art stored within the NFT, the higher the user’s ‘Goo Production Rate’.

November 4, 2022
NFT News and Opportunities

Warner Brothers had recently announced an initiative to sell limited-edition Lord of the Rings: Fellowship of the Ring NFT Bundles to the market. The giant blockbuster film holds an immense and obsessive fan following across the globe and therefore is likely to generate substantial hype around these NFT bundles. Unlike typical NFTs however, this project does not aim to launch art pieces related to the films but instead is planning on releasing an extended edition of the film. This will be in line with the Web3 Movie experience, as a non-fungible token to which the holder would have digital ownership.

Earlier this week, the European Commission’s head of the financial task force, Peter Kerstens commented on the regulatory outlook towards NFTs within the EU. He elaborates that the commission is open to the possibility of additional legislation passing for the use of NFTs if lawmakers deem it necessary to do so. At present, little finalization came about NFTs in particular in the Markets in Crypto Assets (MiCA) law, which leaves substantial room and flexibility for further policy initiatives.

The concept of the NFT Vending Machine is picking up in popularity, with the first device in London being launched this very week. The launch is being spearheaded by the multichain NFT marketplace, myNFT, and is committed to the vision of expanding the accessibility of NFTs through the traditional vending machine concept. MyNFT envisions a future where non-fungible tokens vending machines are commonplace across the world’s markets, and enter into a new mainstream phase.

NFTs to Watch

The Potatoz NFT

The Potatoz NFT collection has been causing quite the storm given its 1200% price spike and volume of almost 200 ETH.

The collection features 9,999 Potatoz, which are essentially utility-enabling profile pictures, and exist within the wider Memeland ecosystem. They represent basic membership in the fun Memeland community and gives users the privilege of non-custodial staking and a dynamic multi-stage reveal mechanism. The NFT has much to offer, especially for those looking for a way to grow their non-fungible tokens in their wallets, whilst also having access to fun little rewards along the way.

The Sandbox NFT

The Sandbox is a seemingly elaborate and sophisticated platform, allowing its users to hold ownership, and earn through voxel assets and web3 gaming on its blockchain.

The NFT collection essentially offers ‘land’ to its holders, totaling 166,464 units. These pieces of land have their identity tied into their X, and Y coordinates on the wider Sandbox, allowing owners to host exciting games and fun events. Owners are also able to stake SAND, which allows them to modify in-game resources, to develop unique gaming experiences which can allow a much higher earning potential.

October 27, 2022
NFT Developments of the Week

The NFT market experienced a substantial decline this week, with total sales falling almost 11% compared to the prior week. Some of the largest NFTs in the market saw their capitalization fall significantly, with Bored Ape Yatch Club declining by 21%, and Cryptopunk slipping by 19%. This comes as a part of the wider pessimism surrounding the digital assets markets, which has traders hesitant with the anticipation of an interest rate hike by the US Federal Reserve, sometime this week.

According to a recent report by Chainalysis, the lion’s share of web traffic in the Oceania region, and in Central and South Asia, relates to non-fungible tokens. This indicates a new milestone that suggests that NFTs are fast dominating the mainstream, and becoming a primary branch of the crypto-sphere, which many initially thought would be a trend soon to die out. Many of these countries are developing economies, yet seem to have recognized the economic and innovative potential that are inherent to NFTs.

The international tourism hot center, Universal Studios has launched an exciting initiative for Halloween involving NFTs. The company has decided to hide several QR codes throughout its parks on Halloween, which can be scanned, and would allow visitors to acquire memorable collectibles in the form of NFTs. The use of NFTs in this manner is highly innovative, and indicates that traditional industries are willing to explore the utility and value that these digital assets offer.

NFTs to Watch

Hedz by Matt Furie

The Hedz by Matt Furie NFT, which was launched just this month has been gaining ground to an impressive degree. With a volume of 677 ETH, and a market capitalization growth of over 580%, the NFT is climbing high amidst wider uncertainty.

These collectibles are the brainchild of the meme world’s favorite, Matt Furie, the infamous creator of the 4chan meme, Pepe the Frog. This particular collection features 1000 NFTs of hand-drawn head figures of unique characters that have appropriate names. The chance to own one of these meme-worthy pieces has been sending a storm across the internet, causing enthusiasts to rally up prices, despite the wider uncertainties the NFT market is presently experiencing.

Cool Cats NFTs

Another exciting NFT that is making the rounds is that of Cool Cats. This collection boasts a present trade volume of 311 ETH and has seen overall market capitalization surge by over 900%.

Cats are undoubtedly a favorite amongst folks on the internet, so the craze surrounding this collection hardly comes as a surprise. Cool Cats offer 9,999 randomly generated cat drawings which are curated in a stylistic manner and result in funny and unique cat personalities which are specific to the NFT. Owning a Cool Cat gives one the exclusive privilege of participating in events such as giveaways and raffles.

September 22, 2022
NFT News and Updates

LG Electronics has made the news that has gotten NFT followers’ heads turned. The electronics giant has announced the launch of an NFT platform that will allow users to buy, sell, or just browse through non-fungible tokens directly through LG Smart TVs. The platform, which has been named LG Art Lab, is available in LG smart televisions within the US, that runs webOS 5.0 or later models.

Taking a darker turn, terrorist sympathizers with alleged links to ISIS, have been turning to NFTs as a means to spread propaganda glorifying the terror outfit. Upon discovery of these tokens, both Opensea and Rarible have delisted the NFTs from their platforms. This points to a new way of terror organizations turning to blockchain technology to raise funds.

Sony Music has just filed a trademark application which seeks to secure the rights to the concept of NFT-authenticated music. This blockchain approach that the media giant is turning to, holds coverage over audio and video musical content, as well as text and artwork. Each of these content forms see authentication directly through NFTs. This comes following several developments with the company in the prior months, that has seen it strategically enhance its exposure to the world of NFTs through lucrative partnerships and acquisitions.

NFTs to Watch

ABC (Abracadabra)

The ABC (Abracadabra) NFT has been gathering tremendous hype in recent days. It offers a collection of 10,000 immutable NFTs, which charge 0% royalties. The last 24 hours brought in a 79% upward change in ABC, with volume exceeding 66,000 SOLs.

The attention ABC has been attracting has largely been due to the fresh and simple concept it brings. As opposed to a complex membership token, or an in-game asset, ABC simply sells childhood creative drawings, that remind individuals of simpler and more imaginative times. The NFT draws into the nostalgic factor which the NFT market seems to be loving.

Jadu AVA

Yet another NFT that has been surging in popularity is that of Jadu AVA, which offers 11,111 augmented reality NFTs, which are essentially digital worlds that the holder would gain rights to fully creatively control and manipulate. Jadu EVA comprises a team of 50 highly skilled AR designers and creatives, who are collaborating closely with the award-winning producer-director, Michael Bay.

The first collection offers the Jadu Jetpack which enables holder’s avatars to fly through their world, whereas the second collection allows for AR cruising with the Jadu Hoverboard. In the last day alone, Jadu Dev surged by over 10,300%, boasting a volume figure of 385 ETH.

September 8, 2022
NFTs News and Development
NFTs market is still going down. Many projects have become dead with developers abandoning them. Projects that have been launched have their floor prices dropped drastically with most of the community inactive.
- Video social stage Coub.com declared the launch of a Watch-to-Earn (W2E) content adaptation model and its most memorable NFT marketplace in Q3, 2022. Each Coub NFT contains media resources, as well as a proportionate portion of all future W2E profit from the bought NFT
- Soft beverage goliath Coca-Cola reported that it is giving selected NFT to proprietors of Coca-Cola collectibles on the festival of International Friendship Day (July 30). The collectible highlights a plan inspired by the air pockets in Coke containers, and when it’s shared with a companion, the one-of-a-kind artwork will be uncovered to the two holders,
- Madonna eye’s Bored Ape #3756 which is listed on Opensea for $1.3M.
- Months after carrying out its most memorable collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch another collection at the 2022 release of The Gulf Information Technology Expo (GITEX). Individuals from outside the nation will also be able to claim these new Dubai Police NFT NFTs.
NFTs to Watch out For

Dapper Chicken

It is a great assortment of 5006 of the neatest and very regarded Chickens. There are 6 1 of 1’s to gather that you can track down which are spread all through the collection and 5000 unique art to spread some joy on the planet.

These are only for gathering and are priced incredibly decently with a maximum number of 20 minutes for each transaction.

Wolf Boss

WolfBoss is an NFT assortment of 4444 which was made to get leave an impression on the Metaverse. Go along with them as they stand out in a new area and spread the word about their presence upon the OpenSea. They center around building their community solid, hopeful, and brave.

The assortment comprises different facial characteristics, outfits, frills, and more to get for your novel personality, each WOLFBOSS will be stand-out. Every NFT will be outfitted with game-prepared Avatars for future coordination into different titles once involved both Hi Poly (Next Gen) and Low Poly (Mobile/VR).

Mutant Musks

Mutant Musks is a 10,000 NFT assortment inspired by Elon Musk, with a Metaverse Game in the making that goes for the gold to find a genuinely new side to the word Metaverse with their Intergalactic Competitive Shooter Experience. The story of Mutant Musks starts as people arrange their first setup on the red planet of Mars. The game is being created by an expert group of game designers on the world’s best game development platform Unreal Engine 5.
July 28, 2022
Non-Fungible Tokens – Projects to keep an eye on

Square Enix is taking an exceptionally estimated approach with NFTs, joining Enjin to deliver Final Fantasy NFTs. The Polkadot-based NFTs will be matched with actual exchanging cards and toys, which will be delivered in 2023.

The computer game retailer’s commercial center (Gamestop) opened to $7.2 million in a week after weak deals volume, with the MetaBoy assortment being the top collection up to this point.

The United States Office of Government Ethics (OGE) gave a legitimate warning suggesting different cases where senior government authorities are expected to reveal their interests in nonfungible tokens (NFT).

Famous NFT platform Premint experienced a hack on July 17, prompting all-out misfortunes of around $400,000 for clients who tapped on a pernicious link.

Yuga Labs, the studio behind famous non-fungible tokens (NFT) assortments, for example, the Bored Apes Yacht Club, cautioned the people through a tweet on Monday about people who are targeting NFT communities.

NFTs to Watch

With the drop in the market value of the King and Queen of the crypto-market, there has been a significant drop in the value of the NFTs as well. But this might be the perfect opportunity to capitalize on the “dead” NFTs.

Heartless Monsterz Club

HMC is an assortment of 4,444 Heartless Monsterz NFT’s unique computerized collectibles chilling on the polygon blockchain. Your NFT gives you unique honors as an HMC part. There is no holding bends here. Purchasing a Heartless Monster costs 250 polygon. There are no cost levels; HMC costs something similar for everybody. Certain advantages will be activated along this venture. Community individuals can likewise decide in favor of what advantages they would need later on. This undertaking is tied in with creating financial well-being for all community members. The venture will open up a staking pool, so all members get a beneficial APY.

One Percent Club NFT

One Percent Club is an NFT fine art assortment in view of the absolute richest people in the whole world. One percent of the world claims 60% of worldwide family abundance. The venture needs to adjust this unlawful dissemination by offering every one of our holders an additional worth.

By buying their NFT, you approach a few advantages, coin airdrops, and other impending tasks like their virtual club or further offices in the Metaverse. They will allow you the opportunity to produce monetary development by joining their community to create financial wellbeing together.

The Hydrated Monke Club

The Hydrated Monke Club is launching. It is an assortment of monke remaining hydrated. The club is very community orientated and all future stages will be local area orientated. Whitelist individuals will actually want to mint Hydrated Monke multi weeks before the project is launched to the public. While minting you will actually want to construct your own monke with the ‘Build a Bear’ strategy.

July 21, 2022