Solana Creator Says New Laws Could Cause Surge In Crypto Community Investments,Dogetti Could Benefit From This Too
Anatoly Yakovenko, the co-founder of Solana, believes that the recent changes in US crypto laws could lead to wider adoption of cryptocurrencies, potentially benefiting meme coin Dogetti (DETI). Yakovenko hopes that the legislation of stablecoins will encourage the growth of the crypto industry and attract new users to the digital currency era.
The Essential Role of NFTs in Video Game Interoperability
Sony has filed a patent titled "NFT Framework for Transferring and Using Digital Assets Between Game Platforms" which could potentially allow players to transfer items from one game to another using NFTs. The patent outlines a system where gamers are awarded NFTs when they earn an in-game item, which can be used across different computer simulations and platforms.
The Rise of AI in NFT Creation: Top Platforms for Generating Art and Images in 2023
The use of AI has brought about a revolution in the creation of unique and sophisticated NFT artwork. To maintain the aesthetic and glamorous aura surrounding NFTs, creators are exploring sophisticated technological tools, including AI, to generate and enhance art, image, photograph, video, and animated NFTs.
Unstoppable Pudgy Penguins: Over 20,000 Toys Flown Off the Shelves on Amazon!
Over 20,000 Pudgy Penguin Toys were sold on Amazon, resulting in sales of $500,000 within 48 hours. The collection includes plushie and figurine toys that have become an instant sensation. Pudgy Penguins also launched Pudgy World, an online portal that offers non-Web3 native consumers a gateway to the world of blockchain. Purchasers of a Pudgy Penguins toy will receive a special birth certificate that grants access to a trait box from the first season of Pudgy World, allowing them to connect and engage with fellow holders across the globe.
Bankrupt Singaporean cryptocurrency hedge fund's NFT auction fetches $2.5 million with Tyler Hobbs Fidenza #725 selling for $1 million.
An auction of nonfungible tokens (NFTs) from bankrupt cryptocurrency hedge fund Three Arrows Capital's collection, facilitated by Sotheby's, has concluded with a total of $2.5 million in sales. The highest sale was Tyler Hobbs Fidenza #725, which sold for $1 million. Co-founders Kyle Davies and Su Zhu have responded to the news with mixed reactions, with Davies opening a restaurant in Dubai and Zhu securing a restraining order against BitMEX co-founder Arthur Hayes. The NFTs were recovered by liquidators after 3AC filed for bankruptcy last July, and the firm reportedly owes creditors a total of $3.5 billion.
DogeMiyagi vs Sandbox: Which Ethereum-Based Coin Can Give Massive ROI this Year?
Investors in the cryptocurrency market are always on the lookout for projects that offer high returns on investment. Two Ethereum-based cryptocurrencies that have recently gained momentum are DogeMiyagi (MIYAGI) and Sandbox. While Sandbox is a GameFi project that integrates blockchain technology into the gaming industry, DogeMiyagi is a 100% community-led, decentralised, and secure blockchain architecture that offers cross-border payments and NFT purchases. Although Sandbox had a promising start, its recent underwhelming performance has left early investors searching for more favourable alternatives, while DogeMiyagi has gained considerable popularity on the Ethereum blockchain. Investors seeking valuable advice in the world of digital currencies can explore these two coins to maximise their profits in the coming year.
3AC NFT Collection Sold For $2.4 Million At Sotheby’s Auction!
A collection of NFTs called "Grails" previously owned by Three Arrows Capital (3AC), a Singapore-based crypto hedge fund that went bankrupt in 2022, was sold at a Sotheby's auction for $2.4 million. The collection included rare tokens such as Fidenza and Autoglyph, which sold for more than double their initial estimated value. The top piece, Fidenza #725, was initially valued at $120,000-$180,000 but eventually sold for just over $1 million. The remaining pieces may be sold privately or through another public auction.
Sotheby's Sells Rare NFTs Seized from Bankrupt Crypto Hedge Fund's Collection for $2.5M
Sotheby's has completed the sale of several rare non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing in $2,482,850 to recoup some of the lost funds. The auction house launched its multi-part sale featuring NFTs from the Grails collection, formed as part of 3AC's asset portfolio primarily in 2021. The highest-priced NFTs from Part 1 of the Grails collection are Fidenza #725 and Autoglyph #187, which sold for $1,016,000 and $571,500 respectively. More NFTs from 3AC's collection will be released in chapters through auctions or private sales in the future.
NFTs belonging to bankrupt crypto firm fetch nearly $2.5 mln at auction
Seven non-fungible tokens (NFTs) from bankrupt cryptocurrency hedge fund Three Arrows Capital were sold for about $2.5 million at an auction by Sotheby's. The highest price was fetched by "Fidenza #725," which was purchased for over $1 million. Singapore-based Three Arrows filed for bankruptcy in the British Virgin Islands in late June 2022, estimating its assets at around $1 billion, with its NFT collection valued at about $22 million. The market for NFTs exploded in 2021 but sales volumes and prices have since dropped as demand for speculative assets has cooled down.
Deadfellaz Launches Streamingfellaz, Allowing PFP Collectors to Bring Their Digital Identities to Life Through Video Streaming
Deadfellaz, a Web3 brand known for its PFP collection, has launched a new extension of its IP called "Streamingfellaz". This extension allows collectors to bring their digital identities to life through video streaming, using technology that emulates the user's movements and expressions. The platform is optimized for use on popular streaming platforms like Twitch, YouTube, Google Meet, and Zoom. Deadfellaz is an Ethereum-based NFT collection of 10,000 genderless zombie-themed NFTs, inspired by horror movies, 90s animation, streetwear, music, gaming culture, and queer culture. The brand aims to provide resources and creative extensions to its collectors to allow them to express themselves as their avatar anywhere.
