Jack Dorsey, the CEO of Twitter sold a tokenized representation of his first-ever tweet for more than $2.9 million on Monday. The tweet was published on March 21, 2006, and reads: just setting up my twttr — jack (@jack) March 21, 2006 A two-week bidding war between Bridge Oracle CEO Sina Estavi and tech entrepreneur Justin Sun saw the price move from $500,000 to the final sale of more than $2.9 million, with Sina Estavi winning out with a bid of 1,630 Ether (ETH). On March 10, Dorsey stated that would immediately convert the proceeds from the sale into Bitcoin …
Art trumps money. Always. It is important to remember this amid the current crypto art hype. Nonfungible tokens have given digital art the benefit of provable ownership, scarcity and programmability, allowing digital creators to promote and sell their work in ways never before possible. With the blockchain industry growing and markets becoming more liquid, crypto art has seen a flurry of incredible primary market sales. The ICO-like fear of missing out has inspired collectors and artists to chase scarcity, and even destroy art in the process, as was the case with the creation and auction of the Banksy print NFT. …
An early 20th-century who boasts a permanent installation at the Museum of Modern Art is about to get new life on the blockchain. In collaboration with nonfungible marketplace Mintable, the family of Wladimir Baranoff-Rossine will be releasing a collection of the esteemed Cubo-Futurist’s work. There will be a number of paintings digitized as 1,000-print drops, three digitized NFT piece auctions and one hybrid NFT/physical painting auction set to be sent to the highest bidder: both a physical Baranoff-Rossine original painting and an NFT image of the work. On crypto market data provider Brave New Coin’s podcast, Mintable CEO Zack Burks …
The community behind meme cryptocurrency Grumpy Cat Coin, or GRUMPY, has donated 39 ETH worth almost $70,000 to the Sterling Animal Shelter in Massachusetts. (Owing to the fluctuating price of GRUMPY, that's about $10,000 less than estimated in their social post below.) The meme coin is based on Tardar Sauce, the internet celebrity cat famous for her perpetual grumpy appearance. On the project’s website grumpy.finance, the team states their focus is on “making successful efforts for all of our community members as well as the world by giving back.” The coin was listed on Uniswap this month, and $GRUMPY was …
Retired pro skateboarding icon Tony Hawk is the latest celebrity riding the NFT boom, announcing the imminent release of a tokenized video depicting his final ever 540-degree ollie via Ethernity Chain. This will be the last time fans will be able to see Hawk perform the trick, after landing his first one 32 years ago in 1989. Now 52, Hawk became one of the world’s top skateboarders at 16 years old and is renowned for completing the first ever 900-degree spin at the 1999 X-Games. He also holds a place in many people’s hearts for the highly successful Tony Hawk’s …
The mysterious buyer of the world’s most expensive non-fungible token “Everydays: The First 5000 Days” by Beeple, has revealed their identity. Metapurse, a global NFT fund whose founder successfully bid and acquired the piece in a Christie’s auction for $69.3 million in early March, penned a blog post Thursday, disclosing the real names and stories of key figures behind the project. According to the announcement, Vignesh Sundaresan is the real name of MetaKovan, the pseudonymous founder of Metapurse and the buyer of the Beeple’s $69 million NFT. Before founding Metapurse, Sundaresan had been actively involved in the crypto industry since …
The non-fungible token market isn’t limited to digital sports collectibles and art connoisseurs — big brand names are getting in on the action too. Toilet paper manufacturer Charmin listed five different versions of its non-fungible toilet paper, or NFTP, for sale on Rarible’s marketplace today. The NFTPs feature decorated (as well as plain) toilet rolls, and include images of the brand's family of bear mascots. Charmin said all proceeds from the NFT sales will go towards the non-profit organization Direct Relief, which provides resources to medical professionals in disaster-affected areas. Introducing NFT(P) by Charmin. Sometimes a better bathroom experience goes …
The booming nonfungible token space is about to experience another expansion, with the robot Sophia set to auction its own NFT digital artwork. According to an announcement on Monday, the social humanoid robot will hold an NFT auction via the Nifty Gateway platform on Mar. 23. Sophia’s NFTs are reportedly based on the works of artist Andrea Bonaceto with IV Gallery, a Los Angeles-based gallery, in charge of curating the collection. As part of the Mar. 23 auction, multiple artworks from the NFT collection will be showcased on Sophia’s and Bonaceto’s social media channels. Commenting on the creative process behind …
NFL star Rob Gronkowski’s NFT drop has generated more than $1.8 million in primary sales on NFT market OpenSea. The "Rob Gronkowski Championship Series NFT Collection" includes five different tokenized cards depicting in-game action shots of the player during championship-winning games. The championship series consists of five unique collectibles, including a single one-of-a-kind token and four NFTs of which 87 copies each were minted and auctioned from Thursday until Saturday. The auction’s terms notably stipulated that any bids made in the last 10 minutes extended each auction by another 10 minutes. The one-of-one “GRONK Career Highlight Refractor Card” is a …
Digital artist Mike Winkelmann, also known as Beeple, has once again made NFT history after his latest piece, “Everydays: The First 5000 Days,” raised over $69 million on Christie’s auction house. “Everydays” was minted on Feb. 16 and put up for auction on Feb. 25 at a starting price of $100. The auction closed on Thursday. The final price tag puts Beeple in elite company as far as living artists go. Only two other living artists, Jeff Koons and David Hockney, have created more expensive works. As Cointelegraph previously reported, “Everydays” is comprised of 5,000 unique images produced each day …
The Kings of Leon’s tokenized album and NFTs sale that began on March 5 has generated at least $1.45M, or 820 Ether, in sales in its first five days according to figures on the Open Sea platform. However Rolling Stone reports that a band representative estimates the revenue is above $2 million, with $600,000 of that going to the Crew Nation Fund for supporting live music crews affected by the pandemic. The landmark reportedly event suffered teething problems as many of the band’s fans were complete newcomers to cryptocurrency and NFTs, resulting in a decision to extend the sale by …
José Delbo, an artist who illustrated the comic book series Wonder Woman during the late 1970s, has made $1.85 million in an auction selling non-fungible tokens, or NFTs, depicting the popular heroine. The 87-year-old Argentian, who also worked on Batman, Transformers, and The Beatles' Yellow Submarine comic book, collaborated with Milan-based crypto art duo Hackatao to produce the NFT drop, dubbed "Heroines." In total, 914 individual NFTs were auctioned, with the tokens each featuring one of seven illustrations or animated gifs depicting Wonder Woman in scenes invoking themes relating to the empowerment of women. The tokens auctioned included two one-of-a-kind …