CryptoPunk #5822 auctioned to Deepak Thapliyal for 8,000 ETH ($23.7 million)
What are NFTs
February 18, 2022Key Takeaways
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- Snoop Dogg said Death Row will be an NFT record label. Founded originally by Dr. Dre and Sure Knight, he announced on social media channel Clubhouse how he wanted to put artists through the metaverse and a whole ‘nother chain of music.
- CryptoPunk 7523, also known as Covid Alien, has been sold at Sotheby’s for over $11.7 million in their London saleroom. The buyer was Shalom Meckenzie, a billionaire shareholder of DraftKings.
- Binance has partnered with YG entertainment, announcing that they signed a Memorandum of Understanding. YG is the umbrella company of major K-pop artists Blackpink, iKon, Akmu, Big Bang, and more. This could mean a collaboration between K-pop, NFTs, and the metaverse in the near future.
Highlights
- Gustav Klimt’s “The Kiss” painting for sale as 10,000 NFTs
- JP Morgan Bank purchases LAND in Decentraland to open virtual lounge.
- YouTube stepping into the metaverse by adapting to Web3 and its elements.
- Disney setting foot into the Metaverse by launching a specialized Metaverse Team.
- Gustav Klimt’s “The Kiss” painting is for sale as 10,000 NFTs.
- New York Stock Exchange filed an application to register NYSE for an NFT marketplace.
- The Philippines is labeled the country with the highest NFT adoption in the world.
- McDonalds files 11 trademark applications for virtual restaurants and goods.
- 4-bedroom Florida home set to be auctioned as an NFT
- Crypto prices rise, leading to NFT market to cool down.
Top Artists
The following table shows top artists (by primary sales volume on each platform) and their art samples.
Azuki by Team Azuki. 7-day sales volume: ETH 11,610.41
Azuki gives you access to The Garden: a corner of the internet where artists, builders, and web3 enthusiasts meet to create a decentralized future.
Tasty Bones by TBoneDeployer. 7-day sales volume: ETH 7,396.57
Tasty Bones is an NFT collection of 5000 skeletons who fetch food offerings from the Land of the Living and deliver them to their respective Souls in the Land of the Dead.
CryptoPunks by Larva Labs. 7-day sales volume: ETH 12,936.54.
CryptoPunks launched as a fixed set of 10,000 items in mid-2017 and became one of the inspirations for the ERC-721 standard.
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