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“# Paris Hilton and Pranksy collections featured by Sotheby’s new NFT platform ” Prestigious auction house Sotheby’s has launched a new Metaverse themed NFT platform. The platform is dubbed “Sotheby’s Metaverse” and was announced alongside the “Natively Digital 1.2: The Collectors” (ND1.2) auction that will run between Oct. 18 and Oct. 26. The auction consists…
“#Coinbase to launch NFT marketplace by end of year” Coinbase wants in on the NFT boom. The largest US crypto exchange is launching a marketplace for the one-of-a-kind digital collectibles by the end of this year, Coinbase said on Tuesday. Users will be allowed to buy, sell and create NFT, or so-called non-fungible tokens, through…
“# Blockchains vie for NFT market, but Ethereum still dominates — Report ” This month, Cointelegraph Research will release a comprehensive report on nonfungible tokens, discussing NFTs in detail and providing a detailed guide to getting into this market. In collaboration with multiple partners — including Enjin, NFTBank, The Sandbox and others — the report…
“# NFTs offer a new way for society to ‘store culture’ says Animoca Brands CEO ” Yat Siu, the co-founder and chairman of NFT game developer Animoca Brands, believes nonfungible tokens offer a new way for culture to be stored in the virtual sphere. In an interview with Cointelegraph, Siu argued that while the technology…
“#Artist who squirts paint with his eyes destroys canvases to create NFTs” BUENOS AIRES, Oct 4 – Argentine artist Leandro Granato, known for his ‘eye painting’ technique, has destroyed five of his works to create art that now exists only in the digital world. Using homemade explosive devices, Granato blew up five of his works…
“# Tweet mocking how little value NFTs have … is turned into $5K NFT ” Twitter user Lauren Walker tweeted a message claiming she was “stealing” nonfungible tokens, only to have crypto-Twitter turn around and mint her words into a token listing for thousands of dollars. In an Oct. 2 post on Twitter, Walker mockingly…
“# Why NFTs can be a riskier investment than cryptocurrencies, report ” Investors who survived the 2008 financial crisis understand the importance of liquidity. When an economic recession starts, deflationary pressure hits the market, and buyers disappear. Sellers frantically try to sell assets before their prices drop further, but buyers want to de-risk and go…
“# Ripple launches $250M fund for NFT creators ” Ripple Labs is launching a fund for creators, marketplaces and brands to explore new use cases for nonfungible tokens, or NFTs, on its ledger. In a Wednesday announcement, Ripple said the $250 million fund would be focused on accelerating adoption in the crypto space by working…
“#Hayao Miyazaki Art Exhibition Hits Los Angeles in September” Studio Ghibli fans rejoice, because a massive installation dedicated to the career of legendary animation director Hayao Miyazaki opens at the Academy Museum of Motion Picture Art in Los Angeles, California, beginning on September 30, 2021. The Hayao Miyazaki exhibition will be held in the…
“# NFT project partners with Afghanistan organization to help women get access to education ” Non-fungible token company Bookblocks.io has partnered with a New York-based organization to help women in Afghanistan have access to education amid the Taliban takeover. Bookblocks.io announced it would be releasing a non-fungible token, or NFT, on Oct. 5 with the…