Skytopia: Weekly Update (June 15th, 2023)
It's a weekly update that summarizes community activities of Sklytopia.
Rapper Turned NFT Mogul Jeffrey Huang Buys $25M LA Mansion
June 19 (Cointime) - Jeffrey Huang, the rapper turned NFT and blockchain mogul known as Machi Big Brother, has reportedly bought an all-new Los Angeles mansion for $25 million. Huang, the founder of C.R.E.A.M. Finance, has made a name for himself as one of the biggest collectors of Bored Ape Yacht Club NFTs and recently made headlines when he sued a crypto sleuth for allegations made in a Medium article.
Blur Dominates NFT Market with Over 50% Trading Volume and Launch of Blend Lending Platform
June 19 (Cointime) - Blur has become a dominant player in the NFT space, capturing over 50% of the trading volume and securing a substantial user base. The launch of their new NFT lending platform, Blend, has further fueled their growth, with the platform claiming the top spot in the NFT lending space since its inception.
TownStory Galaxy Launches MyLand Pass Card Mint Event
June 19 (Cointime) -The world’s first Time To Earn Web3 game, TownStory Galaxy, which focuses on social concepts, has now launched the mint event for the MyLand Pass Card. Whitelist holders can mint for free, while non-whitelist holders can mint for 10 ARB. Currently, the mint event is happening simultaneously on Arbitrum One and Arbitrum Nova, attracting a lot of attention.
ForN Launches Stickey Wallet Alpha Version for Web3 Gaming Enthusiasts
June 19 (Cointime) - ForN Co., Ltd. has launched the alpha version of a new Web3 wallet application called ‘Stickey’ on June 19th, aiming to provide a user-friendly UI/UX for NFT and cryptocurrency transactions for gaming enthusiasts. The wallet application is developed by gamers and focuses on enhancing security and smooth transaction experiences.
Meet Frank DeGods: The UCLA Dropout Turned NFT Visionary and Co-Founder of DeLabs
June 19 (Cointime) - Frank DeGods, a former UCLA student who dropped out and later became an NFT mogul, has made a significant impact in the NFT world with his projects DeGods and y00ts.
BNB Chain's Daily NFT Sales Volume Reaches $1 Million Mark After Two Months
June 18 (Cointime) - BNB Chain's daily NFT sales volume reached $1 million on June 14th after a two-month period of stagnation. BNB Chain added a new NFT collection called Hyena Warriors, which has already recorded a sales volume of $65,296 with 378 users owning its collectibles. Despite a decline in the BNB Chain's user base, NFT sales volume increased, indicating an increase in overall transactions. BNB was trading positively, gaining 4.88% in the 24-hour period, after suffering a drop in value due to the SEC's legal action against parent company Binance.
Artcrush: Perhaps the biggest storm in the world of art NFTs to date
Artcrush's mission is to bring exceptional digital artworks into the hearts and lives of millions of people, and they are filled with anticipation and passion for this endeavor.
Generative NFT artwork "The Goose" sells for $6.2 million at Sotheby's auction, sparking debate about the future of the NFT market.
June 16 (Cointime) - On Thursday, a piece of generative NFT artwork called "The Goose" sold for $6.2 million at a Sotheby's auction, with on-chain pieces auctioned off alongside it collecting another $4.7 million. However, some critics consider the broader NFT art market to represent a profit-focused passing fad that has already seen its best days. Digital art advocates argue that generative, blockchain-backed art offers nuance and craftsmanship that is unique. Despite the ongoing crypto winter's negative impact on median NFT prices, 2022 ultimately saw about the same overall NFT trading volume as the year prior, but recent months have seen a marked dip in NFT market activity.
Ubox: An NFT Trading Platform Based on Eastern Cultural Perspective
Ubox is a new NFT trading platform based on an Eastern cultural perspective that is dedicated to providing a secure, diverse and high-quality trading experience for digital asset enthusiasts in the Asia-Pacific region.
