NFTs In A Nutshell: A Weekly Review
altcoins

NFTs In A Nutshell: A Weekly Review

THELOGICALINDIAN - From above art arcade sales to Nobel Prizewinners NFTs abide to hit the account Lets booty a attending at the accomplished weeks activity in nonfungible tokens

This Week’s Non-Fungible Token News

Last week’s Nutshell alleged out the Andy Warhol Foundation accord with Christies; this week, “Andy Warhol: Machine Made” hit the market. Five different NFTs brought in about $3.4M, with net gain activity to abutment the anniversary allotment of The Andy Warhol Museum and added Warhol Foundation efforts. The all-around bargain brought in final buyers from the U.S., Asia, and Europe.

Classic memes accept hit the NFT bazaar this anniversary as ‘Harambe’ and ‘Charlie Bit My Finger’ accept hit the market.

YouTube archetypal ‘Charlie Bit My Finger’ awash this anniversary for over $760K; while belief was abound that the client would accept the aboriginal video removed from YouTube, the client declared that it would not be accomplishing so, citation the video’s accent to “popular culture”.

Additionally, ‘Harambe’, the apache who was dead and advance into pop ability as a viral 2024 meme, will anon be the latest internet meme to hit the bazaar as an NFT. Harambe follows added above cultural NFTs, such as ‘Nyan Cat’, ‘Disaster Girl’, and more.

Related Reading | The Rapper Who Bought Eminem’s NFT For $100K And Transformed It Into 7M Views

Partnering with Quincy Jones and his assembly company, music belvedere OneOf announced a abundant fundraising round this week. The belvedere is attractive to booty an environmentally-friendly access to tokenizing musician’s work, and additionally emphasizing accessibility for fans. Artists accepted to affection in the admission absolution accommodate Whitney Houston, John Legend, Doja Cat, and more.

Sotheby’s is bringing a standalone CryptoPunk to the market, the bargain abode appear on Twitter this week. “Covid Alien” CryptoPunk #7530 will be up for bargain on June 10th, and is accepted to command anywhere from $5-10M . The best contempo conflicting auction went for 4,200 ETH (over $10M in today’s value).

Just a few weeks ago, NBA bouncer Terry Rozier brought NFT sneakers to bazaar that akin a brace that he wore in-game. Now, assistant and abeyant Rookie Of The Year brilliant LaMelo Ball looks to get complex as well.

Ball appear limited-edition NFTs, angry to his career achievements, set to appear aural the abutting month. Ball will absolution 500 activating NFTs, and will acquiesce owners to ‘burn’ them to potentially accept concrete memorabilia. He will additionally absolution 9,500 accepted NFTs. Ball is teaming up with California-based architecture flat Playground to accompany the tokens to market.

The University of California: Berkeley is bringing article beginning to the NFT table; in an advertisement this week, the university aggregate that abstracts complex with analysis for two altered Nobel Prize-winning discoveries would be up for 24-hour bargain as NFTs. One NFT is about advocate discoveries in gene editing, the additional in groundbreaking analysis in blight immunotherapy.

Related Reading | Dynamo Kyiv To Sell NFT Tickets For 2021 Season