Coinbase launches NFT marketplace in beta mode
What are NFTs
April 22, 2022Key Takeaways
- Coinbase has launched its exclusive NFT marketplace in beta mode, where beta testers can create Coinbase profiles to buy and sell NFTs with any wallet. There won’t be transaction fees for the moment but the platform will eventually add fees to be in line with Web3 industry standards as per Sanchan Saxon, VP of product at Coinbase’s official statement. Learn more about Coinbase’s new marketplace here.
- Coinbase has asked Bored Ape Yacht Club members to submit their apes and ideas for none other than a three-part film series. It’s going to be called The Degen Trilogy. Mutant Ape Yacht Club members to get their casting call for part two. NFT owners will send their ape to the film’s microsite, opening up opportunities for top-secret airdrops and special Bored Ape appearances. Learn more about The Degen Trilogy.
- Moonbirds NFT is under fire for raffle manipulation accusations after a user won more than 50 NFTs. It’s believed that the user-created roughly 400 accounts to create multiple addresses in a Sybil attack to win the NFTs improbably. 14649 bots were removed before the raffle, leaving only 32,218 candidates for an available spot. Learn more about Moonbirds here.
Highlights
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- Tamil singer Karthik participates in India’s first music NFT.
- Snoop Dogg considering re-recording albums like Taylor Swift for Death Row Records.
- Pooh Shiesty, Waheed Zai of Smileless Link to release NFT collection.
- Former astronaut Scott Kelly releases NFT to support Ukraine in war, raising $500,000.
- Jack Dorsey’s First Tweet NFT is on sale for $48 million.
- Mouawad, an international jewelry house, to release NFT of Miss Universe crown.
- NFT marketplace Hot Drops raises $2.4 million in seed funding.
- Nelson Mandela’s arrest warrant fetched $130,000 as an NFT.
- MetaMask Issues Warning after $650k iCloud phishing scam
- Hyundai launches community-based NFT project: Hyundai x Meta Kongz.
- Lamborghini’s last Aventador Coupé sold with an NFT for $1.6 m.
Top Artists
The following table shows top artists (by primary sales volume on each platform) and their art samples.
Mutant Ape Yacht Club. 7-day sales volume: ETH 17,554.81
Moonbirds. 7-day sales volume: ETH 102,264.33
A collection of 10,000 utility-enabled PFPs that feature a richly diverse and unique pool of rarity-powered traits. What’s more, each Moonbird unlocks private club membership and additional benefits the longer you hold them.
Murakami.Flowers Seed 7-day sales volume: ETH 21,733.01
Murakami.Flowers is a work in which artist Takashi Murakami’s representative artwork, flowers, are expressed as dot art evocative of Japanese TV games created in the 1970s.
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