Nike Unveils NFT Platform: Nifty Newsletter, November 9-15

An image of sandals worn by Steve Jobs was minted as a non-fungible token and sold for over $200,000.

Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15 Newsletter

In this week's newsletter, find out how the FTX contagion led to the sale of a collection containing expensive non-fungible tokens (NFTs). Learn about the challenges of onboarding artists to Web3 via NFTs and learn about OpenSea's decision to finally apply royalties to all collections in its NFT Marketplace. In other news, a tool that allows Layer 2 networks to showcase NFTs on social platforms like Twitter has been released. And don't forget this week's Nifty News featuring Nike's Dot Swoosh NFT platform.

Deepak.eth, victim of the FTX contagion, puts the NFT collection on sale

After announcing eight-digit exposure to the FTX exchange, Deepak.eth, the pseudonymous founder of blockchain infrastructure company Chain, tweeted that they were selling their NFT collection either to the highest bidder or through the through a Fractionated Decentralized Autonomous Organization (DAO) for 80% ownership.

The collection includes prominent NFTs such as the Bored Ape Yacht Club and Mutant Ape Yacht Club characters. The collection is being sold for 8,000 Ether (ETH), or approximately $10 million at the time of writing.

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Helping Mainstream Artists Enter Web3: The Triumphs and Struggles

Bernard Alexander, an executive at Animal Concerts – the company that has helped celebrities such as Snoop Dogg and Billy Ray Cyrus get onto Web3 via NFTs – spoke with Cointelegraph about the challenges in helping artists get into the Web3.

According to Alexander, helping artists understand space remains a daunting challenge, as people are naturally reluctant to get into a fledgling industry that is rapidly changing.

Continue Reading…

OpenSea to enforce creator royalties on all collections after community outcry

After hearing community feedback, NFT Marketplace OpenSea announces...

Nike Unveils NFT Platform: Nifty Newsletter, November 9-15

An image of sandals worn by Steve Jobs was minted as a non-fungible token and sold for over $200,000.

Nike unveils NFT platform: Nifty Newsletter, Nov. 9–15 Newsletter

In this week's newsletter, find out how the FTX contagion led to the sale of a collection containing expensive non-fungible tokens (NFTs). Learn about the challenges of onboarding artists to Web3 via NFTs and learn about OpenSea's decision to finally apply royalties to all collections in its NFT Marketplace. In other news, a tool that allows Layer 2 networks to showcase NFTs on social platforms like Twitter has been released. And don't forget this week's Nifty News featuring Nike's Dot Swoosh NFT platform.

Deepak.eth, victim of the FTX contagion, puts the NFT collection on sale

After announcing eight-digit exposure to the FTX exchange, Deepak.eth, the pseudonymous founder of blockchain infrastructure company Chain, tweeted that they were selling their NFT collection either to the highest bidder or through the through a Fractionated Decentralized Autonomous Organization (DAO) for 80% ownership.

The collection includes prominent NFTs such as the Bored Ape Yacht Club and Mutant Ape Yacht Club characters. The collection is being sold for 8,000 Ether (ETH), or approximately $10 million at the time of writing.

Continue Reading…

Helping Mainstream Artists Enter Web3: The Triumphs and Struggles

Bernard Alexander, an executive at Animal Concerts – the company that has helped celebrities such as Snoop Dogg and Billy Ray Cyrus get onto Web3 via NFTs – spoke with Cointelegraph about the challenges in helping artists get into the Web3.

According to Alexander, helping artists understand space remains a daunting challenge, as people are naturally reluctant to get into a fledgling industry that is rapidly changing.

Continue Reading…

OpenSea to enforce creator royalties on all collections after community outcry

After hearing community feedback, NFT Marketplace OpenSea announces...

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