š¤ Beeple sells Human One for $29M at Christie's, ALL TIME HIGHS LFG
It's a beautiful week to be in crypto. Hi Fallon, Twitter Crypto, Tattoo NFTs, Kingship, Ape-In Productions, Rolling Stoneš¤š«
Dear NFTimer,
Twitter is building a crypto team! Tess Rinearson will be leading the Twitter Crypto team, and she tweeted that they will ābe working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto. Twitter truly āgetsā crypto (hello bitcoin tipping & NFTs!) but thereās so much more to explore here.ā
Beeple sold his first physical artwork, Human One, at Christieās. Itās giving me some Damien Hirst vibes. Well, it became the second most expensive NFT artwork ever sold.
And some personal news: I started to work atĀ VaynerNFTĀ this week! I am so excited to join such a fantastic team with the best and most skilled people in this space. Itās truly amazing to think about and work on NFTs all day, something I didnāt think was possible. Iām very grateful. And, of course, anything I say here (and on my Twitter) reflects my views only.
Dive inšš¼
šØ NFTs
Enter the Worm. The Worm is an NFT and an experiment on giving and sharing digital art around the world. People are expected to send the Worm to another address while also creating a collective narrative. Once the Worm visits 1,000 wallets, each of those wallets will receive a special NFT drop. It currently sits on the 496th wallet it visited, which is Cozomo de Mediciās wallet.šŖ±
Hyype started its Alpha Race #2 to onboard new projects.
Rarible now supports Flow Blockchain! Welcome low gas fees.
Jimmy Fallon joins the Bored Ape Yacht Club - kind of unexpected! And he announced this to his audience while chatting with Beeple!
Scott Campbell is opening a marketplace called All Our Best, where people can sell tattoos as NFTs! Read this take on NYTimes.
NFT artist pplpleasr launched her first project on Solana called āThe Collectoooooor.ā The project has 500 pieces, and if you collect 13 unique items from the set, you get to burn them to receive one of the 25 limited edition 3D cityscape NFTs.
ClubNFT will pay to pin all NFT content discontinued on the shutdown marketplace Hic et Nunc. Artnome started ClubNFT to help collectors if issues like this happened.
Nouns might get their own short films!
Sothebyās will auction Banksyās pieces (1 ; 2) next week, this time accepting BTC, ETH, and USDC!
š® Metaverse News
If you own a Meebit, you can mint land for free on Game of Blocks this weekend.
Greyscale CEO Michael Sonnenshein said the firm has seen āstrong receptivityā to its Greyscale Decentraland Trust, one of the first securities only invested in and deriving value from the price of $MANA, Decentralandās native token.
This is what people mean when they talk about interoperability:
š¶ Music
Soooā¦ First NFT band? Universal Music Group formed a group out of 3 Bored Apes and one Mutant Ape called Kingship. šø They will be performing in the metaverse and will release music. Iām guessing music and merch as NFTs -right?
Fans now paid over $1 million to artists on Catalog Works.
Rolling Stone Magazine minted its first NFT with Bored Ape Yacht Club. Two Rolling Stone covers featuring Apes are up for auction on SuperRare.š
Timbaland launched Ape-In Productions, a company that will create music and animation for Bored Ape Yacht Club avatars. The first song is produced by Timbaland, launches on November 17th, and is called āApeSh!t.ā (Somebody please gift me an Ape)
š¾ NFT Games
The leading NFT game Axie Infinity launched Katana, a decentralized exchange based on the Uniswap V2 design.Ā Ā
Dom Hoffman is working on Blitmap and tweeted a rough plan. And here is an idea.
Crypto gaming startup Forte announced that it closed a $725 million Series B round from Andreessen Horowitz, Animoca Brands, and Warner Music Group. Forte previously raised $185 million from its Series A round last May.
š„ What else is hot?
Reddit co-founder Alexis Ohanian announced that he will be investing $100 million to build a form of decentralized social media on Solana blockchain.
Appleās CEO Tim Cook told he has holds some cryptocurrency at the DealBook Online Summit. He said, āI think itās reasonable to own it as part of a diversified portfolio,ā and that he has done some research on crypto and has been interested in it for āa while.ā When asked about NFTs, he said he finds them āinteresting.ā
Coinbase is making it easy to share your investment percentage allocations on social media. Coinbase NFT platform is expected to have a social media aspect as well.
AMC now accepts Bitcoin, Ethereum, Bitcoin Cash, Litecoin.
You can now check history and community token engagement on the Mirror Community Dashboard on Dune Analytics.
ConstitutionDAO plans to buy a rare first-edition copy of the U.S. Constitution, which is being auctioned at Sothebyās later this month. āwE THe peopleā :)
ENS launched its token and many $ENS holders could claim their tokens on November 9th. The opening price was $33.7, and the price is currently at $56.26. After just a couple of days, its market cap hit $1 billion. (Disclaimer: I received 200 $ENS and sold half.)
While weāre here: Did you know you can set an NFT to your ENS name to be your avatar? Here is how.
Pulsr, a new NFT discovery platform with social features, raised $2 million from Spartan Group and Sequoia. They launched this week.
Bankless started a new podcast about NFTs called āOverpriced JPEGs,ā hosted by Carly Reilly.
NFT community on Arbitrum launched NFT Alliance, a directory for collections and marketplaces on Arbitrum.
Ronin Mobile Wallet went live on Axie Infinity.
Founder and CEO of Discord Jason Citron teased a digital wallet connection for Discord, then went back saying Discord has āno current plans to shipā a crypto wallet.
š Reading List
āThe Web3 Reportā by Consensys
āHistory of DAOs | State of the DAO #2ā by BanklessDAO
āBuilding and Running a DAO: Why Governance Mattersā by Tarun Chitra
āOpenSea: The Reasonable Revolutionaryā by The Generalist
āThe 10,000 Faces That Launched a Revolutionā by Sandra Upson at Wired
š¤Ŗ Cool fun beans
A $1.42M loan secured by Autoglyph #488 was approved, becoming the largest NFT-backed loan ever.
Mayor-Elect Eric Adams will launch NYCCoin on Wednesday via CityCoin.
Embed is a toolkit by Zora to exhibit your NFTs anywhere on the internet.
NFL teases minting a body for Odell Beckham Jrās Punk.
Almost 6,000 ETH ($28 million) have been raised on Mirror. šø
Thoughts on āNFT renting,ā which will be important for gaming and for access use cases.
Happy one year birthday to Art Blocks! To celebrate they are donating $1 million to charity - 300k of that total will be picked by the community on their Discord.
Founder of ConsenSys teased a MetaMask token.
MyEtherWallet users will be able to mint NFTs based on important events in Ethereum history.
Everybody with an ENS name after the airdropš:
š§µ Threads
Tell me what youāre working on in the discussion thread! Iāll make sure to check it out, and you might get a feature in the next NFTimes edition!Ā
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Disclaimer: Investing in NFTs comes with inherent risk including technical risk, human error, platform failure and more. This newsletter is strictly educational and nothing we offer is financial advice. We are not professionals or licensed advisors. Views my own and not any other company Iām affiliated with.