Connect with us

ART & COLLECTABLES

CryptoPunks all over Miami.

CryptoPunks, well-known NFT collectibles, will be on display in Miami starting April 12 as part of a month-long city-wide public art exhibition.

Published

on

From April 12, nearly 100 characters from the well-known crypto-collectibles project CryptoPunks, will be displayed throughout Miami bus shelters and billboards for a month.

SaveArtSpace, a nonprofit art organization, will organize the exhibition as part of its “Pixelated” exhibition, a month-long city-wide public art exhibition that will take over Miami’s streets for the first time this year.

saveartspace.org

In addition to the 96 characters on display throughout the city, the iconic non-fungible tokens will be on display as part of a CryptoPunks pop-up exhibition at 69 East 41st St. in Miami on April 15 in collaboration with art equipment retailer Blackdove.

Google earth

CryptoPunks was one of the first Ethereum-based nonfungible token ventures, launching in 2017.

The project creates tokens that feature one-of-a-kind cartoon characters with varying values based on the rarity of the features they possess. When the project first started, all 10,000 CryptoPunks were minted and made available for free.

Since then, the tokens got extremely popular, raising eye-watering prices, with CryptoPunk 6965, displaying an ape in a brown hat, sold for 800 Ether (ETH) worth more than $1.5 million in February, while Punk 2890, representing a blue alien in a purple hat, sold for 605 ETH worth more than $750,000 in January.

SaveArtSpace explained that the project aims to show the CryptoPunks’ “variety and depth,” adding that the project symbolizes individual speech through the use of social media profile pictures:

“In the same way, as one’s style helps them express themselves in the real world, people started to showcase their uniqueness with their profile pictures in online communities and organizations. CryptoPunks started to flourish in this digital form.”

SaveArtSpace is a non-profit dedicated to bringing political issues such as intersectionality and social justice to urban galleries.

Although nonfungible tokens have been around for a while, the organization believes that the recent NFT boom was sparked by the increasing digitization of everyday life during the coronavirus lock-downs:

“People’s lives have been turned upside down by the current Global Pandemic, which has changed the world forever in a moment. We, like our forefathers, had to adapt quickly or perish. Even though NFTs have been around for a long time, it wasn’t until this recent shift to a more digitally oriented existence that they took off.”

“We want to show the world the very human side of this technological transition by taking these pixelated representations of our online lives to the real world,” it said.

It’s not the first time CryptoPunks have ventured into reality. John Watkinson, the project’s co-creator, printed and signed 12 punks for sale in a Zurich art gallery in November 2019.

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.

Published

on

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.”

Continue Reading

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.

Published

on

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.

Continue Reading

ART & COLLECTABLES

NHL Opens Hockey Collectibles NFT Marketplace

The NHL, along with its Alumni Association and Players’ Association, said on Thursday that it has joined with NFT platform Sweet to build a distinctive NFT marketplace and libraries of NFTs—individual blockchain tokens that denote ownership.

Published

on

The NHL’s market will fall between a full-fledged NFT trading platform and a website that enables momentary NFT drops, according to David Lehanski, the league’s executive vice president of business development and innovation.

By creating an NFT marketplace with exclusive releases, the NHL hopes to give fans a little bit of both. In preparation for the commencement of the 2022–2023 season, the NHL’s Sweet marketplace is anticipated to launch in October.

The NHL aims to gamify NFTs with “questing and collecting” components so that fans will interact and can be rewarded with benefits like other NFTs, according to Lehanski, who spoke to Decrypt.

Depending on a player’s performance, some of the NFTs will also be dynamic and alter over time. According to a statement, NFTs will also include “cinematic game highlights from past and present NHL seasons” or surprise packs of NFTs that may be seen in “3D interactive trophy rooms.”

Lehanski claimed that the NHL wasn’t yet ready to reveal which blockchain it would be constructing on. Though it might be on Polygon or Tezos if Sweet’s offerings are any indicator.

Lehanski stated, “We’re looking at everything,” and that the NHL’s top priorities in its search for a blockchain include “cheap gas expenses” and “environmental sustainability.”

The NHL is one of the most recent major professional sports leagues to enter the NFT market, following the NBA’s Top Shot NFTs, the NFL’s “play and own” NFT game, and MLB’s impending NFT contest.

Lehanski commented on the NHL’s approach to NFTs, saying, “There was clearly a lot of temptation to potentially moving very rapidly […] but we thought that was a little shortsighted.” He added that, in his opinion, spending the time to investigate indicators like fan behavior was worthwhile. Especially in relation to digital collectibles and gaming, NFTs have a long-term future as relevant and meaningful items for enthusiasts.

But according to Sweet CEO Tom Mizzone, the NHL’s NFTs won’t simply be targeted at hockey fans who are unfamiliar with cryptocurrencies; seasoned NFT collectors will also be able to participate in a way that feels natural to them.

It will undoubtedly appeal to that degen culture, he continued, but not to the extent that it excludes fancier consumer bases.

Continue Reading

Trending

bitcoin
Bitcoin (BTC) $ 20,616.00 2.27%
ethereum
Ethereum (ETH) $ 1,170.99 3.70%
tether
Tether (USDT) $ 1.00 0.02%
chiliz
Chiliz (CHZ) $ 0.115300 14.32%
enjincoin
Enjin Coin (ENJ) $ 0.576737 0.18%
decentraland
Decentraland (MANA) $ 0.939187 1.20%
flow
Flow (FLOW) $ 1.72 2.01%
the-sandbox
The Sandbox (SAND) $ 1.14 5.60%
wax
WAX (WAXP) $ 0.104441 3.73%
ecomi
ECOMI (OMI) $ 0.001317 4.62%
terra-virtua-kolect
The Virtua Kolect (TVK) $ 0.035668 0.07%