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From a jock in Colorado, to an aspiring actor in Wisconsin, ending up in LA as an NFT creator. This is Gino Loffredo.

A real life Hollywood story, with an added taste of NFTs.

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Gino grew up in a small town in Colorado, surrounded by some of the more known ski resorts in the area, such as Vail, Keystone, and Breckenridge. Since his dad was a ski instructor, he was also into sports at the time, until he moved to Wisconsin with his mom and two siblings when he was 11 years old. That was a significant change because that is when he got interested in acting and singing. After high school, Gino enrolled in the University of Minnesota to pursue a theatre degree. After the first semester, his acting agent asked him to journey to Los Angeles, where he auditioned for several movies, tv-series, and commercials. Realizing he enjoyed this kind of lifestyle, he told his mom he’s staying in Los Angeles and dropping out of college. Until this day, we still haven’t found out what her reaction was.

Soon after, Gino got acquainted with painting. He and his roommate at the time wanted to try something new, so one night, they just bought some canvases and random paints. They were new to it, so they each picked one color and just went to work. Gino picked red and ended up painting a surreal piece that ended up being pretty good, so his roommate told him, “he gotta keep this up.” So, as they say, the rest is history.

Over the years, he experimented with many different art styles. Still, the one that stayed with him the most is surrealism, which is very similar to the one he painted first, with his roommate Patrick Flueger, now one of the main characters in “Chicago P.D.,” the TV series. When asked where his inspiration comes from, Gino mentions Salvador Dali: “I remember seeing a poster of Dali’s “Persistence of Time’ piece in college, and it just spoke to me. I had never seen art like that before, and I felt like Dali was speaking my same language. It wasn’t till I started painting and drawing that I noticed my style resembled that of Dali’s.” Usually, he starts with a small square of the size 1inch x 1inch and keeps adding to it, going with the flow. His inspiration comes from books, music, podcasts, and even just listening to people’s conversations and then adding imagery to the words he’s hearing. “I’m always surprised on what the final figure turns out to be. Often, I feel like I am being led to draw a particular animal that speaks to where I am in my life. When the final image forms, I like to look up what that animal or figure means in different cultures and see how it relates to my life. Most of the time, it aligns with something that is going on in my life.”

“I believe that art is a healing mechanism for me, where each drawing is a therapy session where I get to layout my soul and dissect the intricacies of my life story and anything that is influencing it. People who take the time to look at my piece react very positively and keep finding new things in my creations. It’s what I appreciate the most when people hang out and interact with my art.”

He gained a larger audience when he started to do large-scale murals, and people were able to interact with his art through pictures, music videos, advertising, and more. His largest mural to date is “Love Wins” in Santa Monica, California, and it is 3,600 square feet of surface. It is on the corner of a low-income housing building on Pacific and Main St. The main image is of two hands coming from each side of the building to create a hand heart symbol on the corner of the building hovering over a sunset over the ocean. You can see the whole piece if you go to the opposite side of the intersection, where you can see both sides of the building. Inside the arms and hands is an intricate, surreal portrayal of Santa Monica and the community there. He had a ton of “nuggets” of different people passing by who wanted to either be in the mural or hoped with an idea to put into it. Gino says it felt like an actual community project, which brought many smiles to that area.

 “Love Wins” in Santa Monica, California

“The first Mural I did was also pretty big; I called it ‘L.A. love story.’ I was actually on my honeymoon when I was asked to do the wall. I thought I was working on a 10ft x 10ft wall on the picture they sent me. It ended up being about 24ft x 50ft wall. It was huge, and I had never worked on something this big.”

He ended up using a 1inch bristle brush to paint the whole thing because it was the tool that most closely felt like he was drawing. He learned a ton on that first mural; how to drive a lift, how to paint large scale, about different paints, time frames, working at night, pricing, and how great the experience was when you are painting outside for hours. That mural is still around today, and he got it through the non-profit organization called Beautify Earth. Murals have been a fantastic way to give back to the city he lives in.

During the pandemic, Gino joined TMFA (The Most Famous Artist) community to hang out and learn from other artists online. The community’s founder introduced him and other artists to NFTs when he proposed they get involved with an NFT project, celebrating Beeple selling an NFT at Christie’s Auction House by having 50 artists do digital renderings of a specific picture of him. They dropped the project on OpenSea, and it took off. Gino drew his style art on the face of Beeple he printed out and then just uploaded it into photoshop to desaturate it into a black and white piece. His piece was listed as the first NFT in the project. All his 100 editions sold out in 24 hours. Thus, a decision was made to list different colored editions of his piece as rare limited pieces with only 3-5 available for each colored edition. The “Rare Black Beeple” sold for 10 ETH, and the whole project itself earned almost half a million dollars in 4 days. That made Gino start researching NFTs for his solo work.

Since then, he dropped a few collections of NFTs as a solo artist, the first being the SurReals collection of drawings. These are some of his pen drawings with a solid color background to highlight each piece and give them different attributes. Each drawing is a limited edition of 100. The next drop he did, was his CryptoChameleons and his HODLS drop on Opensea. He started using his artwork and animating them as color-changing GIFs. The next one was a Crypto Gnomies Drop. He liked the pixel art that was trending and thought he would give it a shot. He was obsessed with Trolls when he was little and wanted to do something based on his collecting habits as a kid. He collects lawn gnomes now, and he thought he would combine the two and make a pixel collection based on this. Each gnome has different attributes, style, occupation, and colors. Gino even started making personalized gnomies for anyone who sends him a picture of themselves and their instagram.

The last drop he did is called MetaPunks. It’s a homage to the original crypto punks but juxtaposing his artwork with their faces. Each one is a look into the mind of what Gino thinks the psyche of that particular Crypto Punk is thinking about in the metaverse.

Gino sold quite a few NFTs already. He uses the money he has made off his drops to support and buy other artists’ NFTs and learn more about all the different capabilities NFTs can have. He’s been impressed with some of the projects he’s seen and is excited to add this tool more to his artistic life and to learn new ways to create more exciting art that would be amazing in the NFT world. “I am always looking to help, learn, and teach what I can to any artist entering this space. It’s been a great first few months for me, and I hope to meet more and more creators to see what else we can do. I love this NFT community, and I can’t wait to dive deeper into it.”

ART & COLLECTABLES

NFT Show Europe was all about innovators of the Future of the Internet: web 3.0, metaverse, blockchain, and digital art

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Valencia, October 10th 2022: NFT Show Europe, the leading event on Web 3.0, Blockchain, Metaverse and Digital Art took place in the futuristic venue of the City of Arts and Sciences in Valencia, Spain. From the 17th to the 18th of September 2022, #NFTSE attracted over 2300 visitors from 59 countries.

The show featured a packed conference programme with world-renowned speakers. Topics covered included the use of Blockchain and Web 3.0 oriented technologies in traditional businesses, gaming, sports, fashion, art and collectibles, among others.

First edition beyond expectations

“The event showcased the very best in European talent, demonstrating the unstoppable growth of these technologies and its potential in both business and artistic innovation.” explains Patrick Cyrus, Marketing Manager of #NFTSE22.

“We already count with the support of big players such as Tezos, Polkadot, Zeroframe, Crypto Page, Block Ape Scissors or Wert. All of us were equally impressed with the level of potential collaborations and we are already looking forward to the next edition.”

NFT Show beyond Europe

#NFTSE gathers some of the most influential companies and artists to discuss the latest trends and developments. The event was a major boost for the web 3.0 industry companies, fostering new partnerships and collaborations, which helped to solidify its position as a major meeting point in this world.

With visitors from 59 countries attending, the event showcased the latest in blockchain and web3 technologies and its potential applications in the real world.

The speaker line-up was formed by industry leaders such as Takayaki Suzuki, CEO of Metatokio and Esen Tümer, Founder of Metaverse Hub. Other notable speakers included Hide Uehara, Director of Business Development for Square Enix or Sam Hamilton, the Creative Director of Decentraland Foundation.

Showcasing more than 170 artworks by artists such as Zancan, Solimán López, Pablo Alpe, Ulysses, A.L. Crego or Jenni Pasanen, the art exhibition included exclusive minting by fxhash.com, workshops, interactive installations, panel discussions and XR experiences.

Conclusions & Trends

“Web 3.0 technologies provide a way for users to create and interact with digital assets in a virtual space. These technologies have the potential to revolutionize many industries, including gaming, art and finance. NFT Show Europe provided a platform for leading experts to share their insights on those industries in a futuristic business-art atmosphere.” adds Esen Tümer, Founder of MetaverseHub based in Turkey, Istambul.

NFTs and crypto are transforming the art industry by providing creators with a new way to monetize their work and by giving collectors a new way to invest in art. They can be used to track and prove ownership of everything from digital art to in-game items. One of the barriers is the acquisition of cryptocurrencies which is already approached by companies such as Wert.

“We enable the consumers to purchase NFTs with credit or debit cards just like normal or virtual goods … if you’re in the NFT, Generative Art and Web 3.0 space (NFTSE) is just the perfect spot to do that.” explains George Basiladze, Founder of Wert.io.

There is no doubt that the web 3.0 users have the potential to change the way we live, work and play. By harnessing the power of the internet, these technologies can help us to connect with others in new and innovative ways and help us to access information and services that were previously out of reach. With the right support and investment, web 3.0 content will help us to create a more inclusive and connected world.

The producers of NFT Show Europe are already planning the next stages for 2023.

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ART & COLLECTABLES

Logan Paul’s unsuccessful NFT Investment: Over $620K to $10

Logan Paul, a well-known YouTuber, has lost millions of dollars as a result of the current crypto winter.

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Logan Paul, an American YouTuber, actor, and social media star, holds a $623,000 unrealized loss as a result of his investment in an NFT from the Azuki line.

Also unsuccessful is his involvement with cryptocurrency. The market collapse has reduced the value of his possessions by more than $500,000.

Losses in Logan Paul’s Critical Papers
The well-known YouTuber joined the cryptocurrency bandwagon last spring when the values of most assets were surging, just like many other people. A few months later, he spent almost $2.5 million on NFTs, joining the trend. The most expensive thing he bought was a piece from the Azuki collection, which cost him $623,000.

However, the YouTube celebrity has suffered significant financial losses as a result of the unstable state of the bitcoin market and the NFT niche, at least on paper. The Azuki NFT currently trades around $10, as Paul recently made known, a drastic decline that sparked debate in the cryptocurrency world.

Many Twitter users made fun of the celebrity for using non-fungible tokens to transact at a time when there was obviously excitement in the industry. Others asserted that digital collectibles are frauds and should not be purchased. Some, however, contend that the price decline is a result of the current bad market and that once the next bull run begins, the valuation will rise.

It’s important to note that the NFT transactions were booming at the time he purchased the things. OpenSea’s trade volume spiked to almost $500 million for a single day at one time last summer, but in recent months, it has struggled to reach $10 million.

Paul has added bitcoin and other alternative currency to his portfolio in addition to NFTs. He recently acknowledged that he had lost almost $500,000 on such investments when he first entered the ecosystem at its peak last year.

Unfortunately for others that followed suit, this year has seen a significant decline in the value of the cryptocurrency market, which now has a total valuation of less than $1 billion (down from $3 billion a year ago).

Millions are Lost by KSI
The British rapper JJ Olatunji, a.k.a. KSI, was another prominent YouTuber who was severely hurt by the crypto market decline.

When Terra’s native token, LUNA, began to fall in price in May, he took the chance to predict that the price will eventually rise again. When the asset was going for about $25, KSI invested $2.8 million of his wealth in it.

He had no idea that the token would keep declining and eventually fall to almost nothing, wiping away the rapper’s multi-million dollar investment.

KSI is a strong supporter of the cryptocurrency market, especially bitcoin. He claimed that BTC will be crucial to the monetary system of the future last year. The rapper continued, claiming that he would have given each UK citizen £100 worth of bitcoin if he were the Prime Minister.

BTC is the ideal investment vehicle in KSI’s opinion. He believes that after ten years, individuals who have some exposure to the asset will “be laughing”:

“I feel like a lot of people are trying to search for quick money like, ‘Oh, I want to get in and out,’ but they’re not really seeing that. I’m prepared to travel a considerable distance for this.

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ART & COLLECTABLES

Ford is getting ready to enter the Metaverse with digital cars and NFTs

A month after the company announced significant personnel reductions, it has filed a trademark application covering its future initiatives in the Metaverse and NFT space.

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Ford Motor Company, an American automaker, has filed 19 trademark applications across its key automobile brands as it prepares to enter the realm of nonfungible tokens (NFTs) and the Metaverse.

Mike Kondoudis, a trademark attorney licensed by the United States Patent and Trade Office (USPTO), disclosed in a tweet on Wednesday that the business had submitted a total of 19 trademark applications covering its car brands, including Mustang, Bronco, Lincoln, Explorer, and F-150 Lightning, among others.

The trademark applications include a projected online marketplace for NFTs and virtual versions of its businesses’ automobiles, trucks, vans, SUVs, and clothes.

Ford intends to produce digital images of its vehicles, SUVs, trucks, and vans that will be verified by NFTs, according to USPTO filings submitted by the automaker on September 2.

The business also disclosed plans for “downloadable virtual commodities,” or “computer programs,” that would include apparel, accessories, and parts for vehicles for usage in “online virtual environments,” such as virtual and augmented reality trade exhibitions.

Additionally, there are plans to develop an online marketplace for “others’ digital artwork” as well as “online retail shop services featuring non-fungible tokens (NFTs) and digital collectibles.”

Less than a month after Ford Executive Chairman Bill Ford and CEO Jim Farley announced significant personnel reductions from its global workforce to decrease corporate expenses; Ford has decided to enter the Web3 area.

Ford isn’t the first automaker to enter the Metaverse market.

While premium automakers like Bentley and Lamborghini have already launched NFT collections, automakers including Nissan, Toyota, and Hyundai have indicated ambitions to enter the fast-expanding Metaverse market.

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