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🖼 Candy Digital and Palm NFT Studio Announce Merger, Pioneering a New Era of Fan Experience
Candy Digital, a next-generation brand engagement platform, announced a merger with leading web3 technology and production company Palm NFT Studio. The merger unites two leading creators of officially licensed digital collectibles enjoyed by millions of fans across sports, entertainment, art and culture. Operating under the Candy Digital name, the combined company will accelerate the development and implementation of innovative digital experiences for some of the world’s leading brands. In addition, the merger is expected to accelerate Candy Digital’s sustainable growth strategy through the realization of various efficiencies and operating synergies. Candy Digital CEO Scott Lawin will lead the combined company. Palm NFT Studio Co-Founder and CEO Daniel Heyman will join as President of Candy Digital. “Over the past two years, Candy Digital and Palm NFT Studio have pioneered breakthrough digital experiences and crafted innovative creative tools, connecting fans to some of the world’s most captivating content. Together, we’ll accelerate our mission of defining a new category of brand experience that focuses on co-creation, rewarding loyalty and connecting communities,” said Lawin.
NFTs | OpenSea | News
🖼 Lacoste Reveals Gamified, Tokenized Ecosystem for NFT Holders
French clothing brand Lacoste announced Thursday the latest evolution of the company’s burgeoning Web3 program: a gamified, token-gated ecosystem that incentivizes users to participate in activities and community events by offering them NFT-related perks. Last June, Lacoste launched UNDW3 (pronounced “underwater”), a Web3 initiative centered around the release of 11,212 profile picture NFTs riffing on the brand’s crocodile-dominated motif. UNDW3 “missions” will unfold both on Discord and on Lacoste’s dedicated website, over the course of seasons that themselves will be split into month-long, themed chapters. UNDW3 NFT holders who connect their crypto wallets to the UNDW3 portal, which went live today, are now able to participate in creative contests and sessions, video game quests, and interactive conversations put on by Lacoste. The better users perform in these activities, the more points they will accumulate on their UNDW3 card, which is tied to their wallet and an associated Discord account. And the more points a user accumulates, the more their NFT will increase in rarity, which, per Lacoste, will increase the asset’s value. UNDW3 NFTs went on sale last summer for .08 ETH a piece; the collection’s floor price has since fallen to .0294 ETH, or just over $54 at writing.
NFTs | OpenSea | News
⚡️ MetaGod Creators Secures Metaverse Platform Mandate for Vrindavan Chandrodaya Mandir Trust
MetaGod Creators, a groundbreaking platform that is set to transform how people experience spirituality and devotion in the Mix reality, has won the phase 1 mandate for Vrindavan Chandrodaya Mandir Trust in metaverse platform. The account will be managed by the MetaGod’s Delhi office. An initiative by devotees of ISKCON Bangalore, Vrindavan Chandrodaya Mandir is the world's tallest temple under construction at Vrindavan, Mathura, India. Spread over several acres, the temple will perhaps be the tallest, grandest, and largest religious structure in India. The 70-storey tall temple will feature a capsule elevator which will take visitors from the ground level to the viewing gallery located close to the top, giving a comprehensive view of Braj area, project organisers said. Speaking about the win, MetaGod Team said, “Through the use of Mix reality, users can connect with their faith and have profound moments of devotion. MetaGod aims to bring the sacred and spiritual realm into the digital sphere. Vrindavan Chandrodaya Mandir is amongst the most ambitious spiritual projects globally. The Hare Krishna Movement has a large following with millions of congregational members worldwide. We are thrilled at the opportunity to create some memorable work.
NFTs | OpenSea | News
🖼 Azuki NFT collection ends Elemental mint with $37.5 million — before it was ever open to the public
Popular NFT collection Azuki ended a fresh mint with 20,000 ETH (around $37.5 million) in the bag — before it was ever open to the public. The new collection, called Azuki Elemental Beans, contains 20,000 NFTs tied to Azuki's main collection. Consuming an Azuki Elemental Bean reveals the user's Azuki Elemental, an avatar that can control water, fire, earth or lightning, according to the collection's OpenSea page. Half of the NFTs were given to Azuki holders for free. The auction started at 12:00 p.m. ET for Azuki holders, who could mint one Elemental for every Azuki NFT owned. At 12:10 p.m. ET, holders of BEANZ, a spin-off collection to Azuki, could mint one Elemental for every NFT owned, with additional constrictions if they hold an Azuki NFT and minted in the presale. Finally, at 12:20 p.m. ET, the Elemental mint opened up to the public. The Azuki Elemental sale used a dutch auction structure, in which the starting mint price was 2 ETH and would decrease by 0.1 ETH every five minutes until no NFTs were left. The launch of Elemental adds one more facet to the Azuki universe. The project launched its own virtual city called Hilumia in January 2023.
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🖼 Kendall Jenner, J Balvin to Judge NFT Competition for AIDS Charity
Fashion models Kendall Jenner and Kate Moss, musician J Balvin, artist Jeff Koons, and filmmaker Baz Luhrmann are among the celebrities set to serve on a panel that will select winning pieces of digital art to feature in an upcoming NFT collection, which is being organized to benefit The Foundation for AIDS Research (amfAR). Creators from around the world have until July 9 to submit original digital backgrounds to the panel via Prospect 100, a digital voting platform designed to showcase the work of under-exposed artists to curators at the top of their fields. Ultimately, 100 of those backgrounds will be chosen and randomly combined with foreground characters already created by amfAR to form the organization’s first-ever NFT collection. All of the proceeds from the collection’s sale, which is to take place at a later unannounced date, will benefit AIDS-related research. Designs submitted for the project will first be reviewed by a public vote on Prospect 100. Finalists will then be selected for the collection by the project’s celebrity panel, on the basis of originality, meaning, and coherence to the aesthetics of amfAR’s pre-designed foreground characters. That collection, Moon Phases, consisted of 125 NFTs, each of which is tied to a physical sculpture that will be sent to the moon via an autonomous lunar lander later this year.
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🖼 Azuki Expands With New 20K Ethereum NFT Collection, Elementals
Chiru Labs, the Web3 startup behind popular Ethereum NFT collection Azuki, is set to extend the project with the release of 20,000 new NFTs on Tuesday, the company announced. The new collection, Azuki Elementals, will expand the universe of the original anime-themed project with additional profile picture s(PFPs). The 10,000 existing Azuki NFT owners have already been airdropped a token for one of the Elementals, leaving half of the supply for the public sale. At the "Follow the Rabbit" community event in Las Vegas on Friday. Remaining Elementals will go on sale Tuesday at 9:20 am PST via a Dutch auction, at a starting price of 2 ETH (about $3,750) apiece, with the price dropping every 5 minutes until the supply is depleted. The price of the final NFT sale will ultimately be the price that everyone pays, and earlier buyers will be refunded the difference. Current holders of Azuki NFTs will have a slim 10-minute window prior to the auction’s start to purchase additional Elementals in a preferential presale, while owners of Beanz NFTs (a collection spun off from Azuki) will similarly get 10 minutes after that (just before the public sale) to snatch up Elementals NFTs. While details regarding Elementals are still under wraps, the collection’s slogan, ”Four Domains, One Garden,".
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⚡️ Lego and Epic Games Revive the Metaverse Conversation at Cannes Lions Festival
Lego and Epic Games collaborate to reignite the metaverse conversation at Cannes Lions Festival. Together, they discussed a shared vision for an engaging experience. They aim to merge the digital and real world, offering new ways for Lego fans to build and create. The partnership highlights an appeal to younger audiences and their commitment to user safety. Together, they’ll work towards creating metaverse standards for accessibility, fairness, and creativity. Lego and Epic Games joined forces at the Cannes Lions Festival to discuss their shared vision for the metaverse and propose standards for an engaging experience. The metaverse conversation has been quiet this year, but Lego and Epic Games aim to reignite the excitement. Additionally, Lego’s chief marketing officer, Julia Goldin, and Epic Games’ president, Adam Sussman, highlighted the possibilities of the metaverse and teased play experiences that merge the digital and real world. While specific products were not revealed, Lego fans can look forwards to new and exciting ways to build and create.
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🖼 GameFi delivers Oasys Navi NFT gaming marketplace
GameFi forms an exclusive partnership with Oasys and jointly delivers its Oasys Navi NFT gaming marketplace. This is the latest project that has been unsheathed by the two entities. The project will be responsible for organizing prime gaming-oriented NFT launches. GameFi, on its part, will be backing INO and IDO campaigns that exist on the Oasys blockchain, as well as other fresh NFT projects. In the case of the uninitiated, GameFi is basically a Web3 platform, while Oasys is a well-known and respected Japanese gaming blockchain. According to the Head of Ecosystem Alliance at Oasys, Yas, they are looking forward to taking this partnership forward and making a difference to the overall Web3 gaming market as well as creating an atmosphere of all-inclusiveness where the whole gaming community is concerned. As a mark of commitment from their side, they have jointly come out with the Oasys Navi NFT marketplace. As a part of their next plan of action, the two companies, GameFi, together with Oasys, will be involved with the deliverance of a beta version of an NFT marketplace. There will be a game dashboard and a mainnet launch which is in the offing. Collectively, the two entities will be delivering INOs, and features like tournaments will also be in the picture in the very near future.
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⚡️ WhatsApp Takes a Step into the Metaverse with Meta Quest Integration
WhatsApp is venturing into the metaverse by integrating with Meta Quest, offering a glimpse of its metaverse plans beyond Avatars. An upcoming update may allow users to link their WhatsApp accounts with Meta Quest VR headsets, improving the user experience. While still in development, this feature shows progress and potential, indicating WhatsApp’s role in Meta’s metaverse ambitions. Expect an integrated experience in the future. The metaverse was the talk of 2022, but many of us are still waiting for our chance to give it a try. We’re all wondering how our favourite apps will adapt to this. WhatsApp gave us a glimpse of its metaverse plans when it introduced Avatars last year. Now, in its latest beta version, WhatsApp takes it further by using metaverse hardware with support through linking with the Meta Quest. WhatsApp update, users may be able to officially connect their accounts to Meta Quest VR headsets. WABetaInfo discovered this feature while exploring the new beta 2.23.13.6 release. Although the Meta Quest-linked device feature is still in development and no official announcements have been made.
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📣 Škoda Auto India Launches Škodaverse India NFT Platform
Škoda Auto India is venturing into the world of Non-Fungible Tokens (NFTs) with the launch of Škodaverse India, as part of the global Web 3.0 project. The platform will allow users to explore, buy and trade NFTs with the aim of building an online community of Skoda loyalists. Users will have the option to purchase NFTs using cryptocurrencies as well as traditional currencies such as INR, USD, Euro, and others. Christian Cahn von Seelen, Executive Director, Sales, Marketing and Digital, Škoda Auto The company aims to establish long-term relationships and interactions with its customer base through the Škodaverse India platform. The company added that the platform also showcases its commitment to sustainability and innovation by using carbon-neutral blockchain technology for secure, transparent, and decentralized transactions. Volkswagen India said, “Škodaverse India signifies the brands leap into uncharted digital territory. It’s not just about creating extraordinary digital assets, it’s about forging deep connections with a community that shares an unwavering passion for the brand and its initiatives in India.”. NFTs serve as digital certificates of ownership, providing distinctive identifiers that cannot be copied, substituted, or subdivided.
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🖼 FC Barcelona and World of Women Spotlight Soccer Star With NFT Release
Barcelona Football Club has partnered with World of Women on the next installment of its Masterpiece NFT collection. This second release pays homage to a pivotal moment in the club’s history and an extraordinary athlete, Alexia Putellas, who has had a transformative impact on the game. The NFT, entitled Empowerment, is an artistic embodiment of the Women’s Champions League semi-final match that took place on April 22, 2022, between Barcelona and Wolfsburg. On that historic day, 91,648 spectators were privileged to witness Barcelona’s triumphant win, setting a record for the highest attendance at a women’s football match. Renowned for her exceptional skills, Putellas delivered an outstanding performance during the game, scoring two goals that further elevated her stature in the sport. Aside from boosting fan engagement, this initiative aims to transform these digital assets into experiential, premium products. The future owner of the NFT will not only possess a digital artwork that signifies support for gender equality in sports but will also receive an array of benefits. These include a personal meeting with Putellas and a pair of signed soccer boots. The NFT owner will also receive a physical seat from Spotify Camp Nou adorned with a portrait of Putellas by renowned Catalan artist Oscar Tusquets.
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🖼 NFL Rivals Scores 1M Downloads for NFT-Based Mobile Game
NFL Rivals, a free-to-play game from Mythical Games, has managed to score over a million downloads despite debuting amidst a harsh crypto environment and in the off-season of the NFL itself. Debuting on April 26 in the Google Play and Apple Stores, the game was met with early enthusiasm, rising to the top spot in the App Store, which Mythical Games CEO John Linden captured on Twitter at the time. “We're sitting at a 4.8 out of five on [the App Store] with nearly 22,000 reviews, which is great.”. Other stats shared with CoinDesk by Mythical Games noted that NFL Rivals has seen nearly 15 million matches played and that on average, players have six gaming sessions per day, showing the stickiness of the experience. The fact that the player cards are NFTs is “behind the scenes” for most players, Linden noted, who are able to play the game without purchasing any NFTs. “Every player gets a wallet in the game, and then most of them probably don't know it's a wallet until they want to start interacting with the marketplace to buy, sell or trade.” The NFTs in the game are player cards used to build out teams and compete in the game. Each player card has different rarity levels from common to legendary and are assigned different strengths and weaknesses.
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🟠 Binance To Launch Second Cristiano Ronaldo NFT Collection
Binance, the largest cryptocurrency exchange in the world, recently announced it is teaming up again with legendary footballer Cristiano Ronaldo to launch another NFT collection. The new collaboration comes on the heels of their hugely successful first NFT launch last year, where Ronaldo’s debut NFT collection sold out within the first week. Ronaldo is considered by many to be one of the greatest footballers of all time with 838 career goals to date. Ronaldo is considered by many to be one of the greatest footballers of all time with 838 career goals to date. This new collection will feature memorable goals, celebrations, and achievements from Ronaldo’s historic career, captured in a collection of over 29,000 NFTs. One of these is Ronaldo’s bicycle kick goal against Juventus in the UEFA Champions League. Like the first collection, the new collection will drop on July 3 across four rarity levels: Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). Of the seven NFTs in the Super Super Rare level, six will be sold via auction, with prices starting at $15,000. Holders will have access to an in-person training session with Ronaldo and tickets to an upcoming Binance Blockchain Week.
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🖼 Zora NFT Launches Layer 2 Network To Fight Ethereum Gas Fees
Zora NFT has launched its own Layer 2 blockchain network to support advertising and minimize costs. The Zora network is secured with Ethereum and is built on Optimism’s technology stack. According to the press release, the new network will make minting on its platform “faster, cheaper, and more enjoyable” with a focus on gas efficiency and scalability. According to online documents, minting an NFT over the network costs less than 50 cents. The Ethereum blockchain secures it, is built on top of Layer 2 scaling network Optimism technology, and is already supported by over 35 platforms – including on-chain music platform Sound, wallet provider Rainbow, and Web3 Thirdweb application toolkit. Many of the NFTs featured on Zora’s reel homepage sell for under $10 and can even be minted for free. Ethereum network gas fees of a few dollars, or much higher during peak times, can significantly increase overall transaction costs. Founded by three Coinbase alumni in 2020, Zora NFT Marketplace started as a service that gave musicians and other artists the means to sell digital tokens pegged to physical artifacts such as tapes and music.
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🖼 Ledgible Launches NFT Suite - NFT Management, Portfolio Tracking, & Accounting Software for NFTs
Ledgible, the leading digital asset tax, accounting, and data platform for Enterprises & Institutions, today announced the company launched its new NFT Suite, a professional offering for NFT portfolio management, tax & accounting tracking, reporting, and year-round planning. This new offering seeks to bolster the growing and thriving NFT space, providing industry-leading tax and accounting software for NFTs and a full-service portfolio and tracking tool for active investors, traders, funds, and more. The NFT Suite is positioned as its own module to Ledgible's industry-leading tax and accounting suite, allowing funds, firms, investors, institutions, and professionals easy and native access to their Ethereum-based NFT portfolios. The platform tracks and automatically presents realized and unrealized gain/loss data for NFTs, alongside floor price and cost, allowing investors to make informed buying and selling decisions. The Ledgible Digital Asset Tax and Accounting Platform is built from the ground up to streamline digital asset accounting operations. Ledgible enables companies to account for and manage digital asset data at scale. As a SOC 1 & 2 Type 2 Certified platform, Ledgible is the trusted provider of choice for large banks, fintech providers, and digital asset.
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🔫 Yuga Labs backer blames speculators for BAYC crash
Last week was one of the worst on record for holders of Bored Ape Yacht Club NFTs, with prices reaching a low point not seen since late 2021. One investor in BAYC creator Yuga Labs, the $4 billion startup, blames traders. BAYC’s floor price — the price of the cheapest item in an NFT collection — dropped below 34 ETH ($64,000) for the first time since November 2021, according to The Block Research data. That coincided with a period of heavy selling. Some attributed the crash to the actions of rapper-turned-NFT enthusiast Jeffrey Huang, otherwise known as Machi Big Brother, who suddenly offloaded 50 apes. Huang has recently drawn the ire of crypto Twitter over suing blockchain sleuth ZachXBT for defamation. But Lior Messika, who runs crypto venture firm and Yuga Labs-backer Eden Block, sees rife speculation as the bigger driver of the decline in BAYC prices. “The NFT market of today rewards traders and speculators, not builders utilizing the underlying IP in creative and valuable ways,” said Messika, whose fund recently hired the former CEO of Goldman Sachs in Israel. He added that NFTs are highly risky assets and often “first to suffer” in volatile markets.
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🖼 Undeads NFT Collection Grows by 530%
Undeads Metaverse stands out as an exceptional performer among web3 GameFi projects, defying industry norms. Following an impressive initial mint that generated $1M USD in sales, the floor value of the Undeads NFT collection has experienced triple-digit growth. As of the time of this publication, the floor price for Undeads Mystery Boxes NFTs has surpassed 0.4272 ETH, a significant increase from the original 0.08ETH at the close of the sale. This extraordinary success can be attributed to several key factors. Firstly, the Undeads Metaverse distinguishes itself with its high production quality, ensuring a visually captivating and immersive experience for users. Furthermore, the collection features an exclusive set of legendary zombies, which are unveiled when the holder opens a mystery box, adding a sense of rarity and excitement. Additionally, the highly anticipated Undeads Runner, inspired by Yuga Labs' Dookey Dash, enables NFT holders to earn rewards on their Undead NFTs ahead of schedule, further enhancing the value proposition. These factors, combined with a dedicated and passionate community, demonstrate Undeads Metaverse's commitment to propelling Web3 to the forefront of the gaming industry.
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📣 Unlocking Maggi’s flavour in the NFT space
Several FMCG brands, including Cadbury, Tata Tea and ITC, have entered the Metaverse. This month, Nestlé Maggi joined this list, by partnering with OneRare. Metaverse is basically a virtual space where brands can connect with users, fostering consumer engagement and brand loyalty. All this happens in the virtual realm, of course. According to Technavio industry analysis, the FMCG market within the Metaverse is projected to grow by $2.11 billion from 2021-26, at a CAGR of 21.8%. Rajat Jain, head of foods business at Nestlé Maggi, explains, “Indians know Maggi quite well. We are in the food space and an ally to cooking. We aim to stay in step with the consumers and anticipate their future needs.” Supreet Raju, co-founder of OneRare, shares the excitement in bringing Maggi into the world of Web3 and NFTs, stating, “The objective was to introduce Maggi to new gamers.”. Metaverse was the buzzword last year, with brands across categories making their foray into the space. Since then, the NFT market has experienced a cooling down and decline in sales. Additionally, oversaturation in the market with numerous NFTs, contributed to a decrease in their perceived value.
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🇨🇳 Shanghai targets US$6.9 billion metaverse revenue from culture, tourism projects
Shanghai, which has a population of about 29 million people, aims to build 30 culture and tourism metaverse projects by the end of 2025 to focus on what it calls smart tourism, as well as virtual performances, digital artwork, and others, according to the plan by the city’s municipal administration of culture and tourism. The project includes integrating metaverse technologies into the city’s real-world tourist attractions so visitors can interact with the sites through augmented reality. Shanghai will also promote development of digital artworks on blockchains, explore the integration of digital artworks in platforms such as video games, and support metaverse entertainment businesses, including what it called virtual idols. The city’s plan lists blockchain, extended reality, and artificial intelligence among the key technologies for metaverse development. It includes a project to build a consortium blockchain ecosystem and standard to improve the interoperability of on-chain digital artworks. The culture and tourism sector is just part of Shanghai’s metaverse ambitions. In July 2022, the city named metaverse technology as one of three “new tracks” in its economic development, along with intelligent terminals and low-carbon industries.
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📣 Bored Ape Yacht Club NFT Prices Plunge as Machi Big Brother Makes Major Moves
The price of Bored Ape Yacht Club NFTs saw turbulence over the weekend as Jeffrey Huang, also known as Machi Big Brother, initiated a a flurry of Bored Ape sales and then followed up with several purchases of NFTs from the collection. In total, Huang sold over 50 Apes over the past couple of days, according to data from NFT marketplace Blur. In one transaction alone on Saturday, Huang cashed in 19 Apes at once for 651 Ethereum on Blur, worth around $1.2 million, as of this writing. Viewed widely as one of the leading NFT collections, the floor price of Bored Ape Yacht Club NFTs has already faced pressure over the past several months, but the collection sank to its lowest point priced in Ethereum since November 2021 amid Huang’s moves. For comparison, the floor price for Bored Ape NFTs peaked at around 152 Ethereum in April 2022. But the so-called “blue chip” NFT collection saw that figure recently skid to around 33 Ethereum or $62,000, according to NFT Price Floor. NFTs are unique digital tokens tied to the ownership of an item, often digital art. And the Bored Ape Yacht Club collection is valued at over $737 million, second only to Crypto Punks in terms of market capitalization.
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📣 Arbixel Opens the Minting Phase for Its Genesis NFT Collection
Arbixel has recently opened the minting phase for its Genesis NFT collection. The team behind Arbixel is a fully-doxxed group from Finland and Estonia. These founders have ambitious plans to create a thrilling play-to-earn platform with vibrant NFTs. The tokenomics of Arbixel creates liquidity, rewards existing holders with USDT, and provides funding for development and marketing. With their strategic gameplay, users can turn real-world rewards into exciting adventures in blockchain gaming. Arbixel will feature two NFT collections: "Genesis" and "Bixel." The Genesis collection will consist of 512 pieces with special abilities. Among these, it’s possible to mention boosted stake & earn, play & earn, and increased in-game earnings. In addition, these NFTs will also provide access to alpha game releases and limited in-game items & NFT airdrops. Meanwhile, the Bixel collection will be a regular play-to-earn (P2E) collection. These tokens will provide access to stake & earn, play & earn, alpha game releases, and increased in-game earnings. These NFTs are the foundation of the Arbixel ecosystem, providing players with unique advantages to enhance their gaming experience.
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📣 Bored Ape Yacht Club NFT Prices Are Plunging
The minimum trading price of top Ethereum NFT collections, including the Bored Ape Yacht Club and CryptoPunks, have plunged over the last 24 hours, continuing a trend of sharply falling prices for so-called “blue chip” NFTs. The floor prices of CryptoPunks and Bored Ape Yacht Club dropped by nearly 8% and 7% respectively over the last 24 hours, per CoinGecko data. Nansen’s Blue Chip 10 index of the top 10 NFT collections has dropped 31% year-to-date. In recent weeks, the Bored Ape Yacht Club has sustained sharper losses, with the “floor price”—or the cheapest listed NFT on a secondary marketplace—falling nearly 19% over the last 30 days when measured in ETH. A Bored Ape starts at 36.4 ETH, or about $68,200. That’s the lowest Bored Ape floor price, in ETH terms, measured by NFT Price Floor since November 2021, when the project was just taking flight. Meanwhile, Mutant Ape Yacht Club prices are down 26% in ETH terms over the past 30 days, now starting at 7 ETH or $13,150. CryptoPunks prices have fallen less than 3% in the same timeframe. The Bored Ape price floor peaked at 152 ETH in April 2022.
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🖼 NFT project Azuki will launch the SBT series NFT Elementals on June 27.
The NFT project Azuki will launch the SBT series NFT Elementals on June 27. Both Azuki and BEANZ holders will receive 1 Soulbound Token (SBT) airdrop to commemorate 2023 Follow The Rabbit event at the Hakkasan nightclub in Las Vegas. The Elementals pre-sale will start at 9 am PT on June 27. Additionally, each Azuki is airdropped with an undisclosed and locked Elemental. The rest will be sold during the Elementals pre-sale. These undisclosed tokens are unlockable for transfer and will become publicly available immediately after the sale closes. Prior to the mint, it is critical to be attentive during a time when phishing links and scams disguised as Azuki will be on the rise, therefore the project warns users to be cautious of the late increasing frauds. Azuki is a metaverse-specific brand. The NFT collection includes 10,000 anime avatars that provide community members with access to “The Garden,” an exclusive virtual environment or metaverse where Web3 fans, artists, and builders come together to form a decentralized future. The project’s version of the metaverse is The Garden, a virtual realm where community, art, and culture collide to create enchantment or described as “the lines between the physical and digital worlds are blurring, and the rules are being rewritten,” according to their website.
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⬜️ OKX NFT Marketplace Adds Support for Blur Collection Bids
OKX NFT Marketplace has recently integrated Blur's bids, allowing for real-time best price offers, a time buffer for recent trades, a personalized order summary across markets and batch acceptance of Blur collection bids. Blur is an NFT marketplace known for its community-driven and fair platform for NFT traders and collectors. Through the integration, best price orders are instantly obtained and updated in real-time, allowing for a seamless trading experience. The integration has also enhanced the desktop order book mode experience by enabling batch acceptance of Blur collection bids. This makes OKX NFT Marketplace the first NFT platform that supports cross-market batch acceptance of Blur collection bids. OKX NFT Marketplace is an NFT trading platform that works seamlessly with over 10 networks, including Bitcoin, Ethereum, Solana, OKTC, Polygon, BNB Chain, Avalanche C, Immutable X, Aptos, Arbitrum One, Optimism, Klaytn, Arbitrum Nova and zkSync Era. A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including the OKX Wallet, NFT Marketplace and DEX.
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🖼 Hermes wins permanent ban on 'MetaBirkin' NFT sales in US lawsuit
A Manhattan federal judge on Friday granted Hermes' request to permanently block artist Mason Rothschild's sales of "MetaBirkin" non-fungible tokens following a jury's verdict that they violated the French luxury house's trademark rights in its famed Birkin handbags. U.S. District Judge Jed Rakoff said the permanent injunction was justified because Rothschild's continued marketing of the NFTs would likely confuse consumers and irreparably harm the company. "Defendant's entire scheme here was to defraud consumers into believing, by his use of variations on Hermes' trademarks, that Hermes was endorsing his lucrative MetaBirkins NFTs," Rakoff said. "Nothing in the First Amendment insulates him from liability for such a scheme." NFTs are unique tokens on blockchain networks that are often used to verify ownership of digital art. Hermes sued Rothschild last year over his MetaBirkins, 100 NFTs associated with images depicting the luxury house's prized Birkin handbags covered in colorful fur. Hermes called Rothschild a "digital speculator" and the NFTs a "get rich quick" scheme that infringed its "Birkin" trademark and created the false impression that the fashion house endorsed the tokens.
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🖼 Home Improvement Giant Lowe's Is Selling an Mfers Meme NFT Garden Flag
Home improvement giant Lowe's this week released a physical garden flag featuring characters from mfers, a popular non-fungible token (NFT) project that exists in the public domain under a Creative Commons classification known as a CC0 license. Under this designation, anyone can use mfers NFT characters to create any type of commercial good, which is exactly what Stephen Thompson and his brother-in-law Matthew Varnell did. "This is the PFP [profile picture] project if you ever wanted to do anything fun," Thompson, a lawyer by trade, told CoinDesk. The two men recently started a company called Total Marketing Web3, or TM3 for short, as an umbrella company to oversee different projects that will combine NFT lore and real-world commercial products. Their first product called the "Evergreen Siezenals" garden flag is 1 foot wide by 1.5 feet high and features the phrase "cc0 summer 2023" above an image of two NFT characters sipping tropical drinks on the beach. The flag, referred to as "seizen #1/edition #1" in the website description, retails for $39.98. According to Thompson and Varnell's website, there will only be 1,000 available, with each flag linked to a replica NFT redeemable online.
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📣 Unofficial BlackRock 'EtherRock' NFTs net $750,000 in trading volume
A meme NFT collection that combines the idea behind the popular NFT collection EtherRock with the unofficial branding of the investment giant BlackRock has already seen 398 ETH, or $749,000, in total trading volume. The collection, also called BlackRock, comes on the heels of BlackRock's filing for a Bitcoin ETF. The investment firm has no affiliation with the NFT project, according to the collection's OpenSea profile. EtherRock is a collection of 100 rocks launched in 2017. It grew to prominence during the NFT craze, when its NFTs were selling for as high as $1.8 million. The BlackRock meme collection has 999 individual NFTs that are selling at a floor price of 0.245 ETH, which is worth about $462 as of publication time. The collection sold out on June 21, 2023. This recent activity caused it to be trending on OpenSea. The creator of the BlackRock NFT collection appears to have kept ownership of 100 of the NFTs, or 10% of the collection. So far they have not put these NFTs for sale or accepted any offers on them. BlackRock filing a Bitcoin ETF with the U.S. Securities and Exchange Commission on June 15 has an immediate impact on the crypto market. The Grayscale Bitcoin Investment Trust spiked 400% in the days after, and bitcoin's price rallied above $30,000 — surpassing this threshold for the first time since April.
NFTs | OpenSea | News
🖼 Submersible Crisis Stalls Titanic NFT Initiative
Adistinguished expert on the Titanic and one of the five crew members, Paul-Henry Nargeolet, aboard the distressed submersible Titan, had recently collaborated with a web3 company, Artifacts Labs, to initiate a Titanic-themed NFT collection. Holding the salvage rights to the iconic shipwreck, Nargeolet envisioned the NFT collection as a novel way to “celebrate, remember, and preserve the legacy of Titanic and its passengers.”. On June 21, a statement was released by RMS Titanic, Inc., the company owned by Nargeolet. The roadmap for the NFT project suggests an ambitious plan. The collection will be launched in three phases. The Genesis NFT collection will be launched in phase one. The Genesis NFT owners would gain access to The Titanic Legacy Council, an organization dedicated to upholding the Titanic’s legacy. In phase two, this membership would enable them to actively participate in significant decisions concerning the exploration, experience, and engagement with the Titanic’s legacy and its artifacts. In phase three, The Artifact Collection will be launched, which will represent more than 5500 physical artifacts salvaged from previous and ongoing expeditions.
NFTs | OpenSea | News
🖼 Puma, Gutter Cat Gang and LaMelo Ball Team Up to Release NFT Sneakers
Web3 streetwear brand Gutter Cat Gang is teaming up with shoe retailer Puma and NBA player LaMelo Ball to release a non-fungible token (NFT) sneaker collection. According to its website, the sneaker collection welcomes a “new era for hoops apparel and fashion,” and was designed by Ball as a part of MB, his fashion collaboration with Puma. Each buyer that purchases the NFT sneakers will also receive a physical counterpart they can flex in real life. Eager buyers can now register to purchase on allowlist platform Premint, though the site has already claimed it’s over-allocated and not all buyers will be able to mint into the collection. Collectors who get on the early access allowlist can purchase the GutterMelo MB.03 sneakers for $175, while those on the early access waitlist will pay $195. The price will then rise to $215 for the public sale. “This collaboration pushes the boundaries of innovation by empowering hoopers to express their unique style both on the court and online, while bringing more mainstream awareness to web3 technology and digital collectibles,” reads the site.While fashion is finding itself a new home in NFTs, streetwear and sneakers have taken the lead in digital fashion.
NFTs | OpenSea | News