Yesterday one very special CryptoKitty named Koshkat (Koshka means cat in Russian) has been sold for 10.500 USD on NiftyGateway.
Koshkat, a unique rare CryptoKitty (together with Catterina, edition of 100) represent the first Artist Series of CryptoKitties by Momo Wang, a multiple award-winning and internationally recognised illustrator based in Beijing.
We strongly believe these kinds of collaborations between established NFTs projects and important artists will become more popular in the future and attract the interest of many collectors.
So, when everyone was enjoying the weekend, another big sale happened and created lot of excitement especially in the Cryptopunks Discord channel.
Just a couple of minutes after a rare Zombie+Beanie punk was listed for 60 ETH (around 12,000 USD at that time), a fast collector immediately purchased it.
There are only 88 Zombie punks and 44 Beanie punks making him one of the rarest combinations ever.
Congrats to all the projects, marketplaces and collectors involved in these two historical NFTs sales.
Launched in the US in 1985 as stickers sold with bubble gum, the Garbage Pail Kids have gone on to become both a cultural meme and a valued collectible.
And now, the original series of 82 cards has been minted onto the WAX blockchain so people can collect them in a more transparent and accessible manner.
The cards are sold in pack of either 5 cards (priced $4.99) or 30 cards (priced $24.99) and there are five levels of rarity available, including 100 very rare golden cards, which will be distributed randomly.
Once purchased, users can trade cards between them to complete their sets, either swapping cards or using unopened card packs as currency.
After the last 24 hours hype on CryptoPunks, with more than 90 Eth of volumes (with two Apes sold for 30 Eth each and one Zombie for 9.5 Eth), we decided to interview the team behind the project!
Hi Matt & John! As the founders of LarvaLabs, can you tell those unfamiliar with it what your company does, how did you choose its name, where you are based and what it is like to work in such an environment?
Our company was started in 2005 as a mobile development company for an early smartphone called the T-Mobile Sidekick. The name just sounded funny to us at the time, and didn’t matter that much for the first products we were working on, but it ended up being something we used for 15 years, hah. We work out of Brooklyn which is great, lots of creative people and projects around to draw inspiration from.
Talking about NFTs, you created CryptoPunks which was the first NFT project on Ethereum and the inspiration for the ERC-721 standard. How did the idea come out?
In early 2017 John had been fiddling around with a pixel character generator, and it was getting to the point where it was making lots of really cool interesting characters. We just weren’t quite sure what to do with them. No idea really seemed to be strong enough until we discovered Ethereum, and had the idea to make them unique and ownable on the blockchain. From there we started the work of trying to actually figure out if it was possible, and in what form it should take when actually implemented on Ethereum.
What was the most challenging aspect of developing this project? What about the most rewarding?
The most challenging part was the initial contract development. Smart contract development is very different from other types of development we had done. The blockchain has extremely limited capabilities and is very unforgiving of mistakes. The most rewarding thing has been answering the question “Will anyone be interested in this idea at all?” We weren’t sure that this idea would resonate or not, and to see it become an entire category of art and asset with financial and emotional value is very cool.
Your collectors community is very warm and is slowly increasing despite the project having a few years. What makes CPs still interesting for collectors, in your opinion?
I think it’s interesting because it’s the first thing of its kind on Ethereum. As people get into NFTs, they end up discovering the Cryptopunks and then usually want to own at least one. So as the NFT space grows, people end up discovering us as part of their research. I think the community is welcoming because we all think very long term about the space now. We all imagine NFTs becoming a normal thing for art collectors to own in the future, so we’re all happy to have new people get interested.
Many collectors are asking if it would possible to have CPs listed on marketplaces like OpenSea or maybe on other digital art galleries. Do you think it could be possible in the future? Would you be open to it and which are the technical options?
We've looked into the technical feasibility of supporting Cryptopunks on NFT exchanges. It is indeed possible to build a proxy contract, where a Cryptopunk is wrapped in an NFT, bought/sold/transferred on a platform such as OpenSea, then unwrapped later by the new owner. It's not something we plan to do ourselves, as we like how the market functions as-is, and splitting it between the "classic" market and OpenSea might create some confusion for some users. However, we imagine it's inevitable that somebody will eventually build this bridge. And the cool thing about truly decentralized projects such as the Cryptopunks is that anybody can build it!
Your second project is Autoglyphs, it draws inspiration from Sol LeWitt's art and is somewhat less pop than the previous one. Can you tell us the main differences between Autoglyphs and CPs yourself?
Autoglyphs were designed to be able to answer “Yes” to the question “Is the art entirely on the blockchain?” The algorithm that generates the art, and the 512 generated pieces all live entirely on the blockchain. It was a response to working entirely within the constraints created by the blockchain to see what was possible. It’s also closely related to Sol LeWitt’s work in the way that the instructions are the art, and the final representation can take many forms.
Why did you set the total number of Autoglyphs to 512? Are there any rare or particular ones among them?
Yes, there are 10 different character sets for the Autoglyphs, in decreasing rarity. We mainly set the total number to 512 because we felt that was the number of interesting variations that the generator could produce.
Why did you decide to support 350.org against climate change? Do you know about other NIFTIES projects helping the cause?
We felt that since blockchains are so energy intensive we wanted to help offset that with a donation to a related charity. 350.org was one of the few that had an Ethereum address, so we were able to make the donations entirely on chain as part of the art creation process. We feel that transparency is an important part of what makes blockchain interesting so wanted to take advantage of that. I’m not aware of any other projects specifically benefitting 350.org, but I would encourage others to consider it!
Both CPs and Autoglyphs had also some physical reproductions signed and sold. Do you think this enhances the NFT value on the blockchain or at least manages to help people understand crypto art?
We do think this is an important bridge to the traditional art world, and involves people that otherwise aren’t comfortable with the blockchain or even technology in general. We were very careful to design a system that preserves the true nature of the project however. The true ownership is still on the blockchain, even if there is now a physical representation of that in the print and associated paper wallet.
Any other project in the NFTs space in the pipeline? We know you do not usually release info in advance, but can you tell us what question or wish is the starting point of it?
Nothing to talk about at the moment! It usually takes us a pretty long time to work through all the details of a project and we usually have a few we’re considering at any one time, so it’s hard to tell which one will end up worth releasing.
Last but not least, a curiosity: will you ever sell your Alien Punk?
Tough question! Probably not? We only have one Alien, so we’re very protective of it. Never say never, but we’ve been able to resist some pretty high offers so far at least!
For the next five weeks starting Monday, Panini Blockchain will deliver a digital collection with the 27-card Digital NBA Sneaker Series. The digital cards — all 1/1s — feature facsimile autographs and prime sneaker swatches honoring some of the standout members of the 2019 NBA Draft Class, including Zion Williamson, Ja Morant, RJ Barrett, Rui Hachimura and more.
Five to six new cards will be introduced each Monday for the next five weeks and will open for bidding in a Dutch Auction format. Card prices will drop incrementally until the card is sold.
Once collectors purchase their Digital NBA Sneaker Series Blockchain card through the Panini Blockchain site or using the Panini Direct app, they will be able to to maintain ownership of the card but also have the ability to auction the card securely on the Panini Blockchain to another buyer. In addition, collectors can search the Panini Blockchain site for other auctions. In the near future, the Panini Blockchain site will offer additional functionality such as personal galleries, ownership histories for individual cards and more.
KnownOrigin gallery closed 2019 with over 2,000 digital art editions on the platform and a 3262% monthly sales growth since October 2018. Regarding income, in 2019 top artists were XCOPY, Hackatao, Giant Swan, Alotta Money, Tom Badley and Rare Designer.
Difelice5000, XCOPY and Gary Cartlidge led the market as for number of sales, while Giant Swan and Rare Designer could also boast the record sale price of 10 ETH for the art pieces Purgatory and BLOCKCHAIN EDEN respectively.
Overall, nearly 7,000 artworks were sold on KnownOrigin up to the end of 2019, with a significant increase in the gallery revenue in December. Artists and collectors were over 180 and both the community and the market keep growing.
Ethereum-based game Axie Infinity has teamed up with token exchange protocol Kyber Network for an exclusive NFT event.
The deal will reward any Axie players who have at least 50 KNC tokens (currently worth around $25) in the Ethereum wallet they use to play Axie Infinity with the Kyber Ancient Stone. This will reduced resource harvesting times by 2% when placed on a land plot in the game.
In order to get the NFT, players will have hold the KNC tokens until 11pm EST on 22 March.
As a platform mostly devoted to multi-editions, single-edition art pieces have been less than 20% of all works displayed. The average sale price in 2019 was about 0.2ETH, with the highest being 10 ETH (about $1,450 at the time of sale).
Over the past year and a half, MakersPlace team has been contacted by close to 5,000 artists wishing to join the network, and the team is now working with over 1,500 creatives. MakersPlace also has a vibrant online community, counting close to 2,000 people between artists and collectors on its Discord channel, and over 30,000 followers of the team's social media accounts.
In 2019, the average sale price of artworks on the platform was about $150, with the market thriving towards the end of the year. On 15th December EthGirl, a collaboration between SuperRare artists Trevor Jones and Alotta Money, was bought by collector Moderats for 72.1 ETH ($10,027 at the time of sale), breaking the all-time ETH sale record for the digital market.
SuperRare has a varied community of artists and collectors from 154 countries and receives about 25 artist applications per week, maintaining a 10% acceptance rate.
it is with extreme pleasure that we start NIFTIES.com Our team will work in the next months and hopefully years to help all the creative minds in the digital world get to know by the collectors in the real world.
We will try to promote all the projects in the space trying to have more people joining us.
We stronly believe in digital assets and the potential blockchain gives to them in order of trackability, liquidity and fun.
We will mailny focus on cryptoart, collectibles, in-game assets and vr but we will stay open to all those projects that deserve attention.
Please feel free to contact us if you wish to promote your projects, if you would like to collaborate and if you just want say Hi!
Official Formula One game F1 Delta Time sold through 37% of its crates in its presale which started on 25 February 2020 and is now closed. Ranging from around $20 up to $500, crates were priced in terms of their rarity, with the more rare crates containing more rare items. Items include F1 cars, drivers and components such as engine and body parts. In total, 2,375 crates were sold from a total of 446 unique wallets, raising over $350,000. F1 Delta Time is expected to go live alongside the F1 season, which is due to start in Melbourne on 15 March.
The second presale for LAND in The Sandbox has been a great success with all the available plots selling out. The total raised was 800 ETH (around $200,000).
This means that 7.5% of the total LAND that will ever be made available in The Sandbox has now sold out. Five LAND presales are planned in total. With the goal of being "Roblox on the blockchain", The Sandbox is a user-generated content platform on the Ethereum blockchain, in which creators and players can build their own gaming environments.
Animoca Brands has announced it's started an auction for its Australia Edition 2020 F1 car NFT. The auction will end on 22 March and all proceeds will go to various charities supporting recovery efforts from the recent Australian bushfires, including the NSW Rural Fire Service Association, NSW Wildlife Information, Rescue and Education Service, and Australian Red Cross Disaster Relief and Recovery Fund. You can check out the auction at https://www.f1deltatime.com/official/auction
Forthcoming blockchain game Dark Country is planning to airdrop an NFT into all 460,000 wallets on the WAX blockchain. Labelled 'The Virgin', this NFT can either be traded or used to generate another in-game NFT by being 'sacrificed on the 'dark altar' in the hope of receiving a valuable item. It's an interesting move for the 'American Gothic Card Game' to drum up support further to its public beta, which is due in Q2 2020.
US NFT wallet and onboarding solution Nifty Gateway has announced its relaunch. It's extending its features from enabling users to buy NFTs using their credit cards to now also enabling a trading marketplace using USD fiat pricing and cash out, at least for those with a US bank account. The company is also working with artists and brands to create exclusive NFT collections that will drop every 3 weeks.