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ART & COLLECTABLES

A Crypto Whale is Offering $10,000 to NFT Skeptics to Try Ethereum

Cobie, a well-known cryptocurrency personality, has promised various Twitter followers $10,000 in Ethereum in exchange for setting up an Ethereum wallet, with mixed results.

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#nft #nfthours #ethereum #cobie #10k

With mixed success, Cobie is attempting a new technique to persuade NFT naysayers to change their minds.

NFT Skeptic Paid $10,000 for Buying NFT on Ethereum

One of cryptocurrency’s most successful traders is offering to pay some of the technology’s most vocal critics to switch to Ethereum.

Jordan Fish, who goes by the moniker Cobie and was just named one of Crypto Briefing’s top heroes of the year for 2021, paid $10,000 to several Twitter users who expressed anti-crypto views in reaction to a tweetstorm he released over the weekend.

Cobie is one of the co-hosts of the popular cryptocurrency podcast UpOnly. Over several years in the field, he’s also reported to have amassed a sizable portfolio of Ethereum and other digital assets. In a Saturday discussion, he mentioned the outrage NFT technology has gotten from the gaming community in recent months.

He added, “Gamers’ fury about the inclusion of NFTs is an immense unknowing vote against self-interest. Why wouldn’t a gamer want to be in charge of their in-game progress and achievements? It appears that having personal ownership of such products, rather than having the game firm retain possession, is only beneficial to consumers.”

NFTs can disrupt the gaming business by giving gamers control over their in-game assets. While many big firms have looked to integrate NFTs as the technology has grown in popularity over the last year, the technology has divided players and gaming companies. In October, steam, the world’s largest gaming platform, removed crypto games and NFTs from its marketplace. Meanwhile, despite strong opposition from its consumers, Ubisoft moved forward with its intentions to distribute NFTs through its Ubisoft Quartz system last month.

Over the weekend, several users reacted to Cobie’s thread, questioning the worth of NFTs. Many people also believe that the environmental harm caused by blockchains such as Ethereum outweighs any potential benefits. Because Ethereum now uses a Proof-of-Work consensus process, a slew of critics have linked NFTs to environmental problems as they’ve gained popularity in recent months. Cobie followed up with a $10,000 offer to one of the responses in exchange for listening to his arguments. “I’ll pay you $10,000 to say cheers if you have an Ethereum address,” he responded. “I don’t have an Etherium wallet and don’t intend to get one, but thank you.” They answered, “I’m going to mute this thread now, have a good one.”

Later in the conversation, a person who goes by the handle EFillae posted a comment criticizing Cobie. “Making it a 1/100 scale doesn’t make it cool. We get it, you’re a crypto guy who has never heard of Counter-Strike: Global Offensive.” They scribbled, “Now fuck off.” Cobie then offered them $10,000 to create an Ethereum address and purchase an NFT. Cobie sent 0.27 ETH to cover the cost of the NFT after EFillae conceded by creating an Ethereum address. He handed them an additional 2.66 ETH worth $10,048 and transferred the rights to an ENS domain name once they supplied confirmation that they had purchased an item on OpenSea. Etherscan can be used to view the transactions in EFillae’s wallet.

Cobie isn’t the only crypto supporter to offer to pay critics of the NFT to switch to Ethereum. In November, Vincent Van Dough, an NFT collector, pulled off an elaborate prank on NFT cynics in the furry community by minting a tokenized collage of Pepe the Frog utilizing their work. Following the uproar, they offered the artists $5,000 to mint their token in the piece. Naturally, none of them accepted Vincent Van Dough’s offer.

ART & COLLECTABLES

GIVENCHY PARFUMS, AMAR STUDIO, REWIND COLLECTIVE & VEVE REUNITE FOR THE CREATION OF AN NFT IN SUPPORT OF THE LGBTQIA+ CAUSE FOR PRIDE 2022

Fashion House, Artists and NFT Platform Team Up Once Again for Pride Month

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PARIS, June 23, 2022 – To mark Pride Month this year, Givenchy Parfums states its support for the LGBTQIA+ cause by reuniting with LGBTQIA activist Amar Singh, artists Rewind Collective & NFT platform VeVe, the largest mobile-first digital collectibles platform, for the release of a new digital collectible to be sold for charity releasing on Wednesday, June 29 at 12 p.m. PT. The release of the digital artwork, Pride II by Rewind Collective, will be sold for the benefit of the Le MAG Jeunes association, on VeVe’s digital collectible platform, available to download on the App Store and Google Play.

Drawing inspiration from the House’s Prisme Libre, combining four shades of colors, as well as the Rewind Collective’s Pixelated Heroes series, this original virtual artwork is being sold on VeVe in a limited series of 1952 editions. After the sale, the proceeds will be entirely donated to the Le MAG Jeunes association.

Titled “Pride II”, the artwork created by Rewind Collective for Givenchy Parfums is a series of animated portraits symbolizing diversity, the assertion of identity, and the fight for equal rights. Innovative photos, which the collective reinterpreted digitally in the colors of the Rainbow Flag, expres Givenchy’s commitment to a more diverse, more inclusive, more universal kind of beauty.

Through this initiative, Givenchy Parfums, Amar Studio & VeVe are proud to support Le MAG Jeunes (Movement for the Assertion of Young Gay, Lesbian, Bi & Trans people), a French association founded in Paris in 1985. Amar Singh continues to lead India’s national effort at the supreme court to abolish LGBT+ conversion therapy.  Aimed at the LGBTQIA+ young population (15 to 30), Le MAG Jeunes focuses on support and accompanying: it carries out awareness-raising missions in schools, offers cultural and educational activities, and provides psychological support to all those who need it. It also lobbies international institutions, so as to promote the implementation of more inclusive public policies, for today and tomorrow.

“Art remains one of the most powerful forms of self-expression, we’re honored to further the LGBTQIA+ cause so that everyone can present their authentic self,” said David Yu, Co-Founder of VeVe. “We are proud to support the LGBTQIA+ community and help fund the fight against LGBT phobias and sexism through the sales of this unique digital collectible.”

Last year the companies came together to sell the digital artwork, “Pride”, as a sign of support for the LGBTQIA+ cause and MAG. The $128,000 raised led to the organization:

  • Moving to a bigger space in Paris and opening of two new local centers for LGBT+ youth inclusion, to overcome isolation and that offers support and multiple activities. The Paris local group is now in the heart of the capital Quincampoix Street, Paris 4th, with a great space to welcome LGBT+ youth. And the two new branches are in Lyon and Clermont Ferrand. 
  • An increase of LGBT+ youth supported by the organization to 529. The foundation aims to support 1,600 youths thanks to the new spaces and new members of staff. 
  • Building and recruitment a team of professionals to accompany youth and fight LGBT phobias and sexism.
  • An increase of interventions in school from 3,000 students in 2021 to 11,360 in 2022, to prevent LGBT phobia and sexism in the education sector.

About VeVe:
Founded in 2018, VeVe was created by collectors, for collectors to bring premium licensed NFT digital collectibles to the mass market. With millions of active users and over 6      million NFTs sold, VeVe is the largest mobile-first digital collectibles platform and one of the top-grossing Entertainment Apps in the Google Play and Apple stores.

Utilizing both blockchain and augmented reality technologies, VeVe offers premium licensed collectibles from leading brands including DC Comics and Warner Bros, Cartoon Network, tokidoki, Ghostbusters, Back to the Future, and more. For the first time, these brands can provide customization to collectibles after their initial sale, creating endless revenue possibilities for products both new and previously offered. In addition, VeVe’s 3D augmented reality photo mode allows collectors to interact with every digital collectible, as well as share their collectibles through VeVe’s in-app social feed, or on external social platforms including Twitter, Instagram, TikTok, and more.

In March 2021, VeVe committed to 100% carbon neutral NFTs and provided $7+ million in grants to environmental nonprofits to raise money for causes through NFT promotions. In addition, VeVe uses Ethereum’s layer 2 scaling protocol, Immutable X, which provides instant trade confirmation, scalability (over 9,000 trades per second), zero gas fees, and a 99.9% reduction in environmental footprint.

The VeVe Digital Collectible app is available on both iOS and Android.

Learn more: VeVe.me | Twitter | Discord | Facebook | Instagram | Medium

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ART & COLLECTABLES

Salvatore Ferragamo, an Italian luxury brand, has an NFT booth in SoHo

Customers can create and mint their own Ethereum-backed non-fungible tokens (NFTs) on OpenSea at a booth set up by Salvatore Ferragamo, an upscale clothing company with its headquarters in Florence, New York.

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The Salvatore Ferragamo concept store in the city’s SoHo neighborhood opened its doors on Friday, and the booth is a part of a bigger debut of the business. All visitors are eligible to receive free NFTs, which are limited to 256 in total. The brand will pay all associated costs up front to mint an NFT.

For the launch, the company is collaborating with artist Shxpir, who has previously created holographic handbags for businesses like Coach. Shxpir has produced 3D digital graphic elements for the NFTs for Salvatore Ferragamo.

Just one day after NFT, there will be a launch.

After a week of discussions about how fashion businesses may tap into the Web3 and NFT arena, NYC, a conference about non-fungible tokens in Times Square, comes to an end. Famous companies have lately debuted their own NFT collections, including Gucci, Prada, Bulgari, and many others.

Salvatore Ferragamo has previously entered the online space.

The company collaborated with Obsess, a virtual and augmented reality software platform that aids businesses in the establishment of interactive online storefronts and virtual experiences, last year. Customers could explore a virtual mansion that featured Ferragamo goods at the online store dubbed “House of Gifts.”

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ART & COLLECTABLES

The crypto decline may be used by Binance to increase its market share in NFT

Football fans will soon have the opportunity to buy “an iconic piece of sports history” thanks to a collaboration between Cristiano Ronaldo and Binance.

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CR7 is starting to participate in NFTs.

The football phenom revealed his exclusive collaboration with Binance today. The multi-year contract, according to Ronaldo, will provide fans the chance to “own an iconic piece of sports history” and take part in his Web3 community.

In a video, Ronaldo stated, “Today we are going to transform the NFT game and move football to the next level.”

The Binance-controlled exchange and the Binance Smart Chain are two of the largest elements of one of cryptocurrency’s largest ecosystems (BSC). With 407 different protocols built atop it and $5.92 billion in value locked, BSC is the second-most used blockchain (after Ethereum).

Binance has had trouble creating a thriving native NFT ecosystem despite these great figures. With only $79 million in total trade volume, PancakeSwap, the decentralized exchange and flagship protocol of Binance, ranks twenty out of the NFT markets (OpenSea and LooksRare, two Ethereum marketplaces, had respective trading volumes of $31.24 billion and $23.23 billion).

Therefore, the alliance with Ronaldo might be interpreted as an effort by Binance to add value to BSC and start growing the NFT market share of the blockchain. On this retweet of the formal announcement, Binance CEO Changpeng Zhao “CZ” may have hinted as much: “Now, we start.”

This week saw the announcement of several noteworthy NFT partnerships, such as Pharell Williams’ recent appointment as Chief Brand Officer for the Doodles line.

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