As both fractional and traditional non-fungible tokens (NFTs) have seen exponential growth this year, the firm Otis has announced the launch of a marketplace called Otis House. The platform is a new NFT project that turns physical items into NFTs, and the tokens can be traded at any time for the physical items stored in…
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This year the American artist Michael Winkelmann, otherwise known as Beeple, made history when he sold his non-fungible token (NFT) artwork “Everydays” for $69.3 million on March 11. Beeple’s latest NFT called “Human One” is a life-sized NFT sculpture that sold for $29 million, and the artist will update the NFT during the course of…
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Understanding the available data and current standings for different types of liquid DOT among the most advanced DeFi projects on Polkadot. A crowd loan is a Polkadot (DOT) crowdsourcing event in Polkadot that allows the community to support project bids in upcoming parachain slot auctions. Users contribute DOT, receive rewards in project tokens and get…
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Sotheby’s, the British-founded American luxury auction house, has announced the company will be selling Banksy works for real-time bids in ethereum at “The Now Evening Auction” on November 18. While the upcoming auction will have pieces from highly acclaimed artists such as Mark Bradford and Yoshitomo Nara, Banksy’s “Love in the Air” and “Trolley Hunters”…
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DOT price targets new highs and investors expect the ongoing Polkadot parachain auctions to send the price on a trajectory that mirrors Kusama’s 2020 breakout. This week, a number of contenders are set to participate in Polkadot’s first parachain auctions and this process tends to place buy pressure on DOT, while also giving aspiring blockchain…
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After fighting in court since 2015, the former hedge fund manager Martin Shkreli was sentenced to seven years in prison for conspiring to commit securities fraud and he was forced to pay $7.4 million in fines. One of Shkreli’s prized possessions, an unreleased Wu-Tang Clan album, was seized by the U.S. Marshals and sold for…
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Participants piled $7 million into a dutch auction to win one of 50 Golden Tokens granting ownership to unminted NFTs from artist Tyler Hobbs. Nonfungible token (NFT) investors have poured $7 million into a dutch auction that sold 50 tokens conferring ownership over digital artworks that will not be minted until December. Tyler Hobbs, the…
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Mojito previously helped develop Sotheby’s new digital NFT marketplace platform, Metaverse. NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby’s. According to an announcement published in Forbes, Sotheby’s auction house in partnership with Future Perfect Ventures, Creative Artists Agency…
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Following the competition, a replica of Carlsen’s NFT trophy was auctioned off to a fan for 6.88 ETH. For the first time in chess history, grandmaster Magnus Carlsen has been awarded a nonfungible token (NFT) trophy for winning an international chess tournament, Meltwater Champions Chess Tour (MCCT). The tournament minted a number of NFT trophies…
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“This is a generation that grew up hopeful and dreaming about their future through educational opportunities,” said Women for Afghan Women’s U.S. country director Naheed Samadi Bahram. Non-fungible token company Bookblocks.io has partnered with a New York-based organization to help women in Afghanistan have access to education amid the Taliban takeover. Bookblocks.io announced it would…
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