Tuesday, January 25, 2022

Where is NFT crypto sold

NFTs are now explored by artists throughout the world as both the “digital art of an old real-world artwork” and new exclusive NFT art pieces, is attracting a crazy amount of revenue. Established artists, well-known art galleries and auction houses are playing an important role in further propelling the staggering sales figures of NFTs.

Top 20 Most expensive NFTs ever Sold [2022 List]

Looking for the most expensive NFTs Sold until now? then we’ve got you covered. NFT Craze of 2021 saw an unprecedented sales explosion of around $12 billion, with artist like beeple, Pak, Cryptopunk collection and NFT art based on the Ethereum blockchain became an engrossing topic amongst crypto aficionados.

In 2021, “Non-Fungible Tokens” was the most talked about tech trend which garnered mainstream attention and Google searches for the term “NFT” saw an exponential spike. From celebrities to crypto enthusiasts, all want to jump on the bandwagon, as NFTs had a rapid rise in popularity, both into pop culture and the art world.

NFTs are now explored by artists throughout the world as both the “digital art of an old real-world artwork” and new exclusive NFT art pieces, is attracting a crazy amount of revenue. Established artists, well-known art galleries and auction houses are playing an important role in further propelling the staggering sales figures of NFTs.

Almost all the NFTs in this list are on popular Ethereum blockchain but NFTs on other blockchains like Solana, Polygon and Cardano are catching up. For example “Spacebudz”, the Top Cardano NFT collection, made history in October 2021, when Spacebudz#9936 NFT was sold for $1 Million USD.

Similarly, many NFT Crypto art was sold in millions this past year and digital illustrators were intrigued about making and selling their own NFTs. And if you are still a little skeptical about the prices that can be earned by a NFT artwork, this Top 10 list of most expensive NFT sold in 2021 will surely help to see the endless possibilities.

U.S. First Lady Melania Trump listens as U.S. President Donald Trump, not pictured, speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Wednesday, April 24, 2019. , Photographer: Andrew Harrer/Bloomberg

Melania Trump is releasing her first NFT

U.S. First Lady Melania Trump listens as U.S. President Donald Trump, not pictured, speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Wednesday, April 24, 2019. , Photographer: Andrew Harrer/Bloomberg

Melania Trump has become the latest celebrity to try and cash in on the craze for non-fungible tokens.

The former first lady’s first NFT, called Melania’s Vision, will include watercolor art that “embodies Mrs. Trump’s cobalt blue eyes, providing the collector with an amulet to inspire,” according to an emailed statement. It will be available from Dec. 16 to Dec. 31 for one SOL, a cryptocurrency that runs on the Solana blockchain, currently priced at US$187.

Trump is venturing into the world of NFTs as the digital collectibles increasingly move into the mainstream, with stars like Justin Bieber and K-pop group BTS also entering the market. Others such as Lindsay Lohan have been in on the action for months. The tokens, which combine the world of cryptocurrencies and blockchain with the realm of creative pursuits, are fodder for both retail traders and professional investors anticipating a metaverse where NFTs play a crucial role.

While some series of NFTs like CryptoPunks and the Bored Ape Yacht Club are selling for thousands or even millions of dollars, other tokens command much lower sums, and their prices are notoriously volatile. And the complexities of the real world are already bleeding into the digital realm.

Excited for this new venture, which combines my passion for art and commitment to helping our Nation’s children fulfill their own unique American Dream. #MelaniaNFT https://t.co/XJN18tMllg pic.twitter.com/wMpmDDsQdp

— MELANIA TRUMP (@MELANIATRUMP) December 16, 2021

Sales from Trump’s collection will benefit her Be Best initiative, according to the statement. She will help foster children acquire “computer science skills, including programming and software development, to thrive after they age out of the foster community.”

The NFTs will also include “an audio recording from Mrs. Trump with a message of hope,” and will be powered by the Solana blockchain network, according to the Trump statement, which added that they can be bought with credit card payments through MoonPay. But the crypto startup said in an email that it’s “not possible to make credit card payments through MoonPay to purchase Melania Trump’s NFT collection.” Trump’s office didn’t respond to a request for comment.

That’s just the beginning for Trump’s NFT venture: she plans to release new tokens at regular intervals beginning in January 2022, according to the statement.

Bollywood actor, Vishal Malhotra, who released his first NFT in June this year and has had a fair amount of success with launching and selling his collection, says that these tokens could bring in a sense of community online in addition to helping artists create wealth on their own.

India's growing NFT industry says cryptocurrency laws shouldn't cripple innovation

NFTs are a form of crypto asset in which each token is entirely unique

NFTs are a form of crypto asset in which each token is entirely unique
  • Nov 26, 2021,
  • Updated Nov 26, 2021, 7:19 PM IST

The fast-growing non-fungible tokens (NFTs) industry of India, which has seen an active participation from Bollywood megastars including Amitabh Bachchan and Salman Khan, is hopeful that the impending cryptocurrency regulations in India do not hamper the digital art innovation.

NFTs have seen increased interest from the artists and investors community alike with exclusive NFT collections by platforms showcasing snippets from the lives and work of Bollywood stars. However, the proposed bill by the government aimed at banning the private cryptocurrencies has put a big question mark on the segment's expansion.

NFTs are a form of crypto asset in which each token is entirely unique. They can be used as a digital certificate of authenticity for any asset, digital or physical. NFTs are currently ruling the e-commerce space with brands, artists, filmmakers, and athletes actively becoming a part of the digital asset revolution.

A spokesperson of the leading NFT platform, GuardianLink.io -- which recently launched Bollywood icon Amitabh Bachchan's NFT collection -- told BusinessToday.in that the company is hopeful that the government regulates industry in a way which doesn't cripple innovation.

"The Indian economy is at the early stage of adopting the cryptocurrency trend and just like any other revolution in technology space, there will be several stages of evolution involved in the process. As we go along the way, the sector will evolve in the context of government policies and regulations along with private investors and other stakeholders involved in the ecosystem.

It is, therefore, imperative for the industry to stay objective and evaluate once we have concrete details on the proposed bill. We have full faith in the government to regulate the industry in a way that innovation continues to be the key theme for the sector," the platform's spokesperson said.

In November, GuradianLink.io had raised Series A of $12 million led by Kalaari Capital. It recently sold Bachchan's NFT collection worth $9,66,000 (Rs 7.18 crore) .

Edul Patel, CEO and Co-founder of Mudrex, a crypto trade exchange, is of the opinion that NFTs could be shielded from any proposed ban as they need to be classified as an art form.

"Simply put, these are digital forms of art on the blockchain. The holder of an NFT gets the boasting rights of holding the only original edition. NFTs such as Jack Dorsey's first tweet when he launched Twitter was sold as an NFT recently. Since these are directly classified as forms of art, it could come under this classification and be shielded, in case the government plans on imposing a ban. Moreover, NFTs are held in a wallet such as MetaMask which doesn't have any impact on an exchange ban," Patel said.

Bollywood actor, Vishal Malhotra, who released his first NFT in June this year and has had a fair amount of success with launching and selling his collection, says that these tokens could bring in a sense of community online in addition to helping artists create wealth on their own.

Malhotra added that he has been trying to create some utility out of them for collectors including additions like meet-and-greets, a ticket to his next movie premier, visit him on the sets of a movie, a chance to chat with him one-on-one on social media, etc. The Bollywood actor's first NFT sold on Foundation for 5X value. He has followed his debut up with four consecutive NFTs now which he's made with various artists, he's also gone solo on one of them which makes him the first Indian actor to have made an NFT on his own.

Trevorjonesart has sold 5,284 artworks for $18,591,061.32. His most successful sale was of Genesis in October 2020, which sold for $604,967.

3. FEWOCiOUS

FEWOCiOUS, aka Victoria L, is an 18-year-old crypto art surrealist. They (FEWOCiOUS's preferred pronoun) made $370,000 from an NFT drop on their birthday this year. Their style is surreal, incorporating a post-humanist aesthetic. They use vibrant colors to create a hallucinatory combination of images and text. In an interview with KultureHub , FEWOCiOUS observed, "I think of my art as one image to display an entire chapter of life/a movie."

FEWOCiOUS has sold 3,104 artworks for $18,175,346.36. Their most successful sale was of The EverLasting Beautiful in March 2021, which sold for $550,000.

“That’s a niche of a niche of a niche.”

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“I don’t find NFTs enticing as a platform for releasing art on,” v buckenham, a London-based digital artist, told The Guardian.

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Why it Matters: After Facebook (NASDAQ:FB) announced its rebrand to Meta, investors began to pay attention to platforms that are building metaverses. Smart contract blockchains can secure ownership of digital assets, so these networks play a crucial role in building out the metaverse.

Metaverse Land Just Sold For $33,620 (11 ETH) In Decentraland

Metaverse Land Just Sold For $33,620 (11 ETH) In Decentraland

What happened: Virtual land tokenized as an NFT just sold for $33,620, which is 2.59x the current floor price of 4.25056002 Ethereum (CRYPTO: ETH) ($33,620 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52 square feet. Land in Decentraland and The Sandbox skyrocketed after Facebook's rebrand to meta, as more investors become aware of what the metaverse is. Most of the time, virtual land sells at a premium due to the size of the lot and its proximity to the center of the metaverse.

Ethereum's blockchain is home to open world metaverses, with the 2 largest being Decentraland (CRYPTO: MANA) and The Sandbox (CRYPTO: SAND). Brands like Adidas (OTC:ADDYY) and Atari (OTC:PONGF) have bought virtual land in these blockchain-based metaverses, and some companies believe that much of retail will eventually happen within the metaverse.

The term metaverse is used to describe the evolution of human's interaction with the internet. As we spend more and more of our time on the internet, the gap between the real world and our online identities declines. Eventually, the metaverse is intended to be an immersive virtual world where people enjoy digital ownership and can interact with their peers.

Why it Matters: After Facebook (NASDAQ:FB) announced its rebrand to Meta, investors began to pay attention to platforms that are building metaverses. Smart contract blockchains can secure ownership of digital assets, so these networks play a crucial role in building out the metaverse.

Data provided by OpenSea.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

LinksDAO says buying the NFTs would provide their holders exclusive perks, such as the right to purchase a membership at the first physical club LinksDAO acquires, discounts on golf tee times and access to members-only Discord channels, including guest appearances by golf, business and celebrity luminaries.

A DAO for golfers

LinksDAO’s mission is to “create the modern golf and leisure club” and “reimagine the country club,” offering a sports-centric experiment amid a burgeoning DAO ecosystem.

“We were looking at Gary Vaynerchuk’s Flyfish Club model – purchase an NFT to join the membership club at a restaurant – and had recently seen the ConstitutionDAO model of collective organization and funding of a common goal,” Dudas told CoinDesk.

“We thought that we could combine the best of both of those initiatives into something really large and special, creating the world’s best golf and leisure club,” he said.

The group’s vision comes as DAOs increasingly eye real-world assets, thinking up creative projects to onboard first-time crypto users. It also draws from NFT projects like Bored Ape Yacht Club, which have proven that inclusion in an exclusive community is a winning value-add.

Since launch, LinksDAO has built a fervent following on social media, raking up over 16,000 followers on Twitter and almost 12,000 members in its Discord chat.

For some creators, NFTs provided an outlet to continue pursuing their passions.

Local artists find a new creative outlet

2021 was a particularly tough year for artists in Singapore. At the height of the pandemic, a survey by Milieu Insight revealed just how much the country valued creative pursuits.

Not a lot, it turned out. 71 per cent of respondents felt that the job of an artist was the least essential of all. Those in creative roles were among the first to be laid off as businesses went through a period of downturn.

For some creators, NFTs provided an outlet to continue pursuing their passions.

Singaporean artist Chanel Lee quit the corporate world to release her own NFT collection featuring 7,600 artworks of toasted bread.

Tasty ToastysTasty Toastys by Chanel Lee

Alan Seng left a tech start-up and teamed up with art student Marc Yap to launch digital trading cards. Their ‘Dark Zodiac’ collection made over US$1 million within the first hour of launch.

Fashion photographer Shavonne Wong also began selling her 3D art as NFTs and made sales of over US$60,000 in 2021.

The recent collaboration announcement between Gaia EverWorld and the Binance NFT platform adds more excitement to the mix. Binance NFT will exclusively support the upcoming Gaia Elite Club NFT collection. Additionally, the collaboration paves the way for bringing the GAIA token to the Binance Smart Chain and enhancing the utility of these NFTs. The land sale for this blockchain game is its entry into the Metaverse.

Gaia EverWorld Receives Polygon Grant And Partners With Binance For NFT. Land Pre-sale

CryptoGlobe Staff Writer

Following a successful seed round, the Gaia EverWorld team has announced an NFT sale through a collaboration with the Binance NFT marketplace, secured a grant from the Polygon Foundation, and completed a successful IDO. The land sale will allow Gaia EverWorld to claim its position in the Metaverse.

Blockchain gaming is one of the hottest industries today, and Gaia EverWorld aims to claim its position in this segment. The project leverages NFT technology to embrace the play-to-earn model and explore opportunities in the Metaverse. It is built on the Polygon technology stack, allowing for better scaling and more efficient transactions. Players can build kingdoms, explore the lands, collect, breed, and battle.

The fully-immersive blockchain game lets players own in-game characters, dubbed Gaias, and other items in the game world. Players can explore a multi-realm world with numerous game modes. Gaias will level up throughout the game, allowing them to become more powerful and potentially gain value. Additionally, players can breed Gaias using $Gaia and the Gaia Gold, or $GG tokens. Both tokens will be freely tradeable across centralized and decentralized exchanges.

The Gaia EverWorld team made a snapshot of users with an Unilayer token balance to airdrop GAIA tokens. That process entices players to explore this multi-chain blockchain game and offers support to early adopters. Coinciding with the airdrop snapshot, the team launched the Gaia Elite Club. Entry into the Club requires a Gaia NFT and provides access to exclusive merchandise.

As the Gaia Everworld ecosystem continues to evolve, it attracts attention. That attention became apparent during the team’s various IDOs across BSC Station, Seedify, Bullperks, Enjinstarter, and Unilayer. All sales sold out quickly, with GAIA tokens priced at .16 each. The tokenś value hit $4.5 on the MEXC exchange, providing a 28x ROI for early investors.

Furthermore, Gaia EverWorld attracted a grant from the Polygon Foundation, further confirming the anticipation surrounding this play-to-earn blockchain game.

The recent collaboration announcement between Gaia EverWorld and the Binance NFT platform adds more excitement to the mix. Binance NFT will exclusively support the upcoming Gaia Elite Club NFT collection. Additionally, the collaboration paves the way for bringing the GAIA token to the Binance Smart Chain and enhancing the utility of these NFTs. The land sale for this blockchain game is its entry into the Metaverse.

Earlier this year, Gaia EverWorld completed a seed funding round to the tune of $3.7 million from prominent blockchain investors. That list of investors includes AU21, BSCStation, Aussie Capital, Basics Capital, Panda Capital, Exnetwork, etc.

About Gaia EverWorld

Gaia Everworld is part of the next-gen of gaming being built on the blockchain. It gives players full ownership of their in-game characters, and rewards them for engaging in ‘play-to-earn’ models of gamingGaia Everworld is truly an immersive, multi-region fantasy world in which players can create their own kingdoms, explore different lands, while collecting, breeding, and battling other players, referred to as the Gaia Legionnaires.

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