💎 CryptoPunks are going crazy, Coca Cola drops NFTs
You can now create on-chain exhibitions via JPG, BTC and ETH are slowly climbing up the stairs, Music Festival Lollapalooza dropped some NFTs🎶
Dear NFTimer,
Bitcoin is going up to $40,000s again, and Ether is back to $2,600. Will it stay up? Will it go down again? Should I have bought more when it was down? Time will tell. Let’s look at last week’s hottest news stories.
Marketplace OpenSea processed almost $100 million in the last two days. That is five times more than the total money generated by the platform in 2020. The growth of the NFT market is going crazy.🔥
🎨 NFTs
You can now have fractional ownership of NFTs via Fractional.art.
Looking for a gift for a friend who is in crypto? You can create a gift basket of NFTs and digital assets with Charged Particles. You can time-lock them for periods of time if you want to!
Some new improvements came to the marketplace Foundation.
Nansen unveils NFT Leaderboards that people can use to examine interesting projects, wallets, and more. The leaderboard will be based on total profit (total revenue - total spending). To be included on the NFT leaderboard, an account must have bought and sold at least 10 NFTs from over three collections.
Coca-Cola is auctioning its first NFT collectibles on Ethereum for International Friendship Day. They are donating profits from the four-day auction (started on July 30th) to Special Olympics International. The four-piece collection has The Friendship Box, Coca-Cola Bubble Jacket Wearable, The Sound Visualizer and The Friendship Card. Decentraland is celebrating the launch with an event in the metaverse.
Reality Cards, the first ‘outcome ownership’ prediction market, moved to Polygon!
The latest Art Blocks Curated drop, the generative series “Endless Nameless” from Rafaël Rozendaal used a Dutch Auction format. Minting price started at 3 ETH and decreased by 0.25 ETH every 10 minutes until reaching 0.25 ETH and selling out.
Buck’s of Woodside, the famous hot spot for venture capitalists and tech entrepreneurs where Netscape, PayPal, Hotmail, and Tesla Motors are among the companies whose entrepreneurs held early meetings, is now an NFT! It is the first fully immersive 3D model to auction as an NFT, and at the moment the top bid is 105 ETH. ($278,300) Stay tuned for a special edition of NFTimes for an interview with Jamis MacNiven, the owner of Buck’s, where he will tell how Tim Draper and Elon were the inspirations behind this project.
Brotchain is the “in-chain” beautiful art straight from Solidity.
🔮 Metaverse News
Metaverses connecting… is exactly what we want. Cryptovoxels want to change its portals so you can teleport to cryptovoxel spaces, Decentraland and Somnium Space. Let’s build the connected metaverse on Ethereum before the centralized companies come with their own agendas!
🎶 Music
Solana, the proof-of-stake cryptocurrency boosted during Chicago’s Lollapalooza music festival. The project was one of the festival’s sponsors and was powering Lollapalooza’s newly launched NFT marketplace. NFTs included a digitized version of the 1991 Lollapalooza poster and various $25 gifs of festival locations, like this gif of Steve Aoki throwing a cake.
👾 NFT Games
Axie Infinity breeding simulator v2 is live!
Aavegotchi DAO voted to welcome 15K new Aavegotchis to the Polygon platform in August.
⚽️ Sports
SorareHQ, the project where you can buy and trade digital cards and play the global fantasy football game, launched on Mainnet with StarkEx.
Tommy Wilson from New York Mets released a project called “Same Kid, Same Dream” in collaboration with his whole team to celebrate one year anniversary of his first NFT drop.
🎥 Movies
Stoner Cats sold out in 40 minutes despite the high price and raised $8.2M; however, 334 ETH was lost on failed transactions due to problems in the minting contract. It gave an incorrect estimate of gas fees which caused $787K to go to waste. The project blames Metamask, but we don’t know…😬
Video streaming platform Livepeer raises $20 million in Series B funding.
🖼 Exhibitions
JPG is a new open-source infrastructure that anybody can curate an on-chain gallery with. The first exhibition, “Deep Time,” started this week, and it deals with the theme of time “from a future-facing perspective, combining the digital and the primordial, the prehistoric and the post-human.”
🔥 What else is hot?
The founder of an NFT videogame lost 16 CryptoPunks and “a bunch of ETH” after falling prey to a scammer. Check out the tweets below. When they say nobody is immune to scammers, it is true.
Speaking of CryptoPunk, their average prices rose by %53 last week (from 34 ETH to 52 ETH) as half of the top 10 CryptoPunks have been sold over the past three days. Daily trading volume rose 1,342% and reached $41.5 million on Saturday. A single buyer purchased over 1% of the CryptoPunk NFT supply on Friday as well, spending over $6 million, and Gary Vaynerchuck paid $3.7 million for a CryptoPunk.
📖 Reading List
Check out this comprehensive guide to NFT Avatars from the Defiant. (I just got myself a Blob because I thought it was cute!)
Crypto 101 reading: Did you read Satoshi’s Bitcoin whitepaper?
🤪 Cool fun beans
Check out this AI-generated nude portrait sold for 72.5 ETH.
$APE holders on NIFTEX rejected an offer of 1255 ETH for fractionalized ape CryptoPunk #2386. That is over $3 million🤯
Zefram.eth made the first “Solidity Quine NFT”: The content of the NFT is its smart contract source code itself.
One of the most famous memes, The Mudasir, sold for $52,000.
Tell me what you’re working on in the discussion thread! I’ll make sure to check it out, and maybe you’ll get a feature in the next NFTimes edition!
If you like this newsletter, please share it with your friends or whoever you think might like this. Meanwhile, follow timely news on Twitter. See you next week.
Aleyna