NFTs

Mandela’s Arrest Warrant NFT Sold for $130K in Auction
Mandela’s Arrest Warrant NFT Sold for $130K in Auction

Profits from the auction will go towards Liliesleaf Museum Heritage Site. It could help keep history alive as museums suffered badly by lack of tourism due to COVID.  Bored Ape Yacht Club NFT also sold for $310,000 at the auction. A non-fungible token copy of the original arrest warrant of late president Nelson Mandela was sold for 1.9 million South African Rand ($130,000) in an auction.  Mandela, an anti-apartheid activist, went to prison in 1962 for plotting to overthrow the White-minority government. He then became South Africa’s first Black president 27 years after he came out of prison. In 2004,

Laura-Marie Geissler To Launch Racing Team via NFT Sales
Laura-Marie Geissler To Launch Racing Team via NFT Sales

First-ever NFT-funded car racing team to be launched by Laura-Marie Geissler, with partners Amsterdam Berlin and Unblocked. NFTs design symbolizes gender equality in the racing world. NFT sales will go directly to fund female motorsport athletes. Laura-Marie Geissler, a German professional racecar driver, signed a partnership with Amsterdam Berlin and Unblocked to create the first-ever NFT-funded car racing team. The project’s goal is to acquire funds for female motorsport athletes directly from NFT sales, instead of merely depending on sponsors. Numerous professional players in sports like football players, basketball athletes, and alike earn by their clubs for what they’re doing.

PUBG Creator Krafton Taps Solana for NFT Games
PUBG Creator Krafton Taps Solana for NFT Games

PUBG game creator is set to create games on the Solana blockchain. Krafton and Solana Labs will develop NFT games and make investments together. Other formidable traditional game developers are investing into crypto space. Krafton, the creator of the massive franchise video game PUBG, signed an agreement with Solana Labs to mutually develop blockchain and NFT-based games to run on the Solana system. The developer said they are to hold their game-building experience in the web3 space. The success of blockchain and play-to-earn (P2E) games has sparked interest from well-known developers to make a move in the crypto space. Solana

Universal Music Group Buys Bored Ape NFT for $360K
Universal Music Group Buys Bored Ape NFT for $360K

Universal Music Group spent $360,817 for Bored Ape #5537. The ape’s purpose was to be the head of KINGSHIP, a digital music group. The music company has been preparing for Web3. As reported by Reuters Universal Music Group (UMG.AS) has obtained a Bored Ape NFT. This will be the head of a digital music band made of NFT characters.  In November, the company collaborated with Bored Ape Yacht Club to create “KINGSHIP,” a virtual NFT band. Last month, the multibillion-dollar music company and Curio, an NFT platform, formed a partnership to produce digital artifacts for artists. Earlier in March, Universal

Shawn Yue Sets World Record for NFT Online Auction
Shawn Yue Sets World Record for NFT Online Auction

Shawn Yue and his team made a new world record for being the first NFT to reach the top spot in a brief period of time. Meetings were held half a year before the NFT was officially released. Last year, Yue’s auction was a big success, fetching around HK$33.85 million ($4.33 million). Hong Kong Actor Shawn Yue has set a world record at an online auction for his latest NFT. Last week, Yue’s recently launched Zombieclub Token NFT moved to pre-sale at 9 PM. In exactly two hours and 42 minutes, it became the top NFT on the NFT marketplace

$800K NFTs, Crypto From Rare Bears Holders Hacked
$800K NFTs, Crypto From Rare Bears Holders Hacked

A phishing attack caused members of the NFT community to lose approximately $800,000 of their assets. Rare Bears project head’s discord account has been compromised and banned other team members. Moving forward, Rare Bears team promised to take security matters seriously. Holders of the newly-launched NFT project, Rare Bears, have lost more than $800,000 worth of NFTs and other cryptocurrencies in a phishing attack. On Wednesday, the unknown perpetrator obtained illegal access to the project head’s Discord account. He then posed as an official moderator under the name “Zhodan”. Hence, the act allows them to post a phishing link that

NFT Image of Pepe the Frog’s Butt Cause $500K Lawsuit
NFT Image of Pepe the Frog’s Butt Cause $500K Lawsuit

A man paid more than $500K in an auction for an NFT image of Pepe the Frog showing its butt. Only one NFT image auctioned, 500 cards issued, 400 burned, and 99 to remain in the PegzDAO. Later on, PegzDAO distributed 46 of those 99 remaining NFT images for free. Matt Furie, the creator of Pepe the Frog, decided to hold an NFT auction last year. Specifically, he planned to sell an image of the delicate internet meme cartoon frog bathing in a pool, with its buttcrack peeping over. Furie established a Decentralized Autonomous Organisation (DAO) called PegzDAO.  On October

15-Year-Old Girl Sells $10K NFTs After Sports Injury
15-Year-Old Girl Sells $10K NFTs After Sports Injury

After an injury, Mya started creating NFTs and sold $10,000 to date. Her digital art is priced as much as $140,000 on NFT marketplace OpenSea. Trying different things at a young age made her realize her talent in creating these digital artworks. 15-year-old Zachary High freshman Mya Parker got her anterior cruciate ligament (ACL) torn in September, causing her to stop playing the sport she’s in. Her interest in art and investing gave her the idea to start creating non-fungible tokens (NFTs). Her digital art sold more than $10,000 online. According to an article by TheAdvocate, Parker said while sitting

Man Mistakenly Sells $1M Clipart Rock NFT for -1 Cent
Man Mistakenly Sells $1M Clipart Rock NFT for -1 Cent

A $1 million worth NFT, EtherRock, has been sold by Dino Dealer for less than a cent by mistake. The new owner relisted the NFT for 234 ETH. Dino Dealer begged for a return but only received suspicious replies. Recently, a clipart-based image of a rock that was evidently appraised for over $1 million has been mistakenly sold for less than a cent. EtherRock is an early Ethereum-based non-fungible token (NFT) project way back 2017 that portrays numerous-colored rocks. These collections of slightly unique 100 clipart rocks have been sold for millions of dollars. Less than a week ago, an

Mark Zuckerberg Confirms NFTs To Arrive on Instagram
Mark Zuckerberg Confirms NFTs To Arrive on Instagram

Mark Zuckerberg confirmed that NFTs are coming to Instagram soon. However, didn’t provide details on how and when. In the future, old NFTs could be displayed and users can possibly mint new ones. He said NFTs could one day play a significant role in the company’s metaverse. Meta Founder and CEO Mark Zuckerberg recently confirmed that NFTs are coming through Instagram in a video interview with Daymond John at 2022 South by Southwest (SXSW) festival. Zuckerberg said “We’re working on bringing NFTs to Instagram in the near term”. Although he didn’t clarify on how the feature is going to work

UAE’s DAMAC Properties Promises Metaverse and NFT Innovation
UAE’s DAMAC Properties Promises Metaverse and NFT Innovation

The UAE’s real estate champion — DAMAC Properties is dabbling in NFTs.  DAMAC’s Managing Director says a metaverse project will arrive in March.  He is a firm believer in both technologies and aims to reach a new horizon with DAMAC. The power and potential of NFTs continue to astound the crypto industry and the whole world in general. Presently, the UAE’s property developer — DAMAC, announces its plan to launch a Metaverse project in March. A post on Twitter highlights the exciting announcement. In detail, the firm’s Managing Director — Ali Sajwani, says the project is slated to begin soon.

Gary Vee Invests in $5M Round of Startup Nifty League
Gary Vee Invests in $5M Round of Startup Nifty League

Gary Vee invested in GameFi startup Nifty League. Nifty League created the DEGENs NFT collection and a game named Nifty Smashers. Meanwhile, Axie Infinity revealed some information about its upcoming Origin update. Gary Vaynerchuk, more popularly known as Gary Vee, has invested in a $5 million seed funding round of GameFi startup named Nifty League. Vaynerchuk accomplished this through his investment arm VaynerFund. Other notable investors include Gary Vee’s brother AJ Vaynerchuk, NFT gaming group Avocado Guild, RSE Ventures, and more. According to a blog, the $5 million fund will go to the startup’s platform scalability, team expansion, product enhancement,