BAYC Holders Trading Away Their Blue Chips
Some NFT collectors are even selling Punks and Apes at a loss
Some NFT collectors are even selling Punks and Apes at a loss
Kenny Schachter doesn’t pull punches. The art world veteran has his hands in just about everything, from curating exhibits and creating his own art to lecturing at the University of Zurich and writing for Artnet, New York Magazine, and The Times Magazine. Schachter has never shied away from sharing his often-controversial opinions and has emerged…
Even in the depths of a bear market, leading Tezos generative art platform fxhash has remained fertile ground for the next generation of generative art stars. Launched by generative artist ciphrd in November 2021, fxhash has begun to develop a cult following owing to its open model and curation-free ethos. While the platform is open…
Metagood, the company behind the popular NFT collection OnChainMonkey (OCM), is breaking new ground in the crypto world by migrating its 10,000-strong NFT collection, OCM Genesis, from Ethereum to Bitcoin’s blockchain. The decision to shift the OCM Genesis collection to Bitcoin was not taken lightly, given it also carried a hefty price tag of $1…
One of the big trends in Web3 in 2023 has been the rise of memecoins, cryptocurrencies also known as “shitcoins” that are themed around a viral internet trend. Their lighthearted nature is only part of their appeal; with enough momentum surrounding them, they can bring in serious profits for early buyers due to their extreme…
What is happening over at Friendsies? The kindness-themed NFT project, headed by FriendsWithYou founders Samuel Borkson and Arturo Sandoval III, raised some major eyebrows in the Web3 community on February 21 when they tweeted that they’d be putting “a pause on Friendsies and all future digital goods for the time being.” Specifically, they cited market…
The phrase “whatever doesn’t kill you makes you stronger” rarely holds true for NFT projects. Even the slightest whispers of leadership misconduct can tank a project’s value and cause a mass hemorrhaging of community members. When that happens, once-beloved Web3 entities generally find themselves dead in the water. Not so for Pudgy Penguins — the…