The Silk Roads lead to non-fungal tokens
The bid for a 1/1 NFT auction created by imprisoned Silk Road founder Ross Ulbricht has surpassed 261 Ether (ETH), $ 1.17 million at the time of writing.
The NFT depicts a hand-drawn illustration of Ulbricht with a psychedelic eye and is part of a collection of writings and nine works of art that he created, some while in prison. ‘include as part of the sale of NFT. The auction began on the first day of the Art Basil Miami art fair on December 2 and is being hosted by SuperRare.
The auction will end on November 8 and the proceeds from the sale will go to a trust that supports Ulbricht’s struggle to be released from his life sentence, and will also help launch the charity advised by donors. Art4Giving that aims to help. prisoners and their families.
In a blog post announcing the fall of the NFT, Ulbricht said that while his future looks bleak during his ninth year in prison without parole, he can do something positive to heal all the “damage.” who sees around him.
$ 225,000 NFT for sale for $ 20?
Speaking of the Art Basil Miami art fair, Dmitri Cherniak, the founder of the Ethereum-based and algorithmically generated NFT collection, “Ringers” appeared in front, offering to sell one of his NFTs worth 225,000. dollars for only $ 20.
It’s unclear if the move was a joke or a genuine offer, but Cherniak shared a photo of himself at the event with a note on his Ipad that said “Ringers # 0 on sale for $ 20.” Despite the minimum price of NFT Ringers currently at 50 ETH or $ 225,000 on OpenSea, the artist noted that no one accepted it with the offer.
I stayed outside the Art Basel Convention Center with a sign saying “Ringers # 0 for sale for $ 20” and no one accepted my offer. pic.twitter.com/2DWr7aml4A
– Dmitri Cherniak (@dmitricherniak) December 2, 2021
A Twitter user noted that the stunt was similar to that of world-renowned street artist Banksy, who is said to have taken to the streets on several occasions to sell his art.
“It’s like Banksy is selling on the street and no one is taking her until she started lowering prices. Dmitri could have received some of the rules at $ 5-10, they define ngmi,” user 5511 wrote.
Polygon to launch NFT games
Polygon (MATIC), the Ethereum-based two-tier solution, and its gaming unit Polygon Studios have signed a strategic partnership with GameOn Entertainment Technologies Inc. to Create NFT Games |
GameOn is a U.S.-based sports prediction and gaming company that specializes in sports and multimedia entertainment.
According to a December 2 announcement, the deal will cause GameOn to launch a series of NFT games on the Polygon network, while Polygon Studios will provide non-dilutive funding for 50% of GameOn’s product development costs.
Polygon Studios’ investment is part of a $ 100 million fund announced earlier this year that focuses on supporting Web3 projects, with investments to date including DraftKings, DeFine and GameOn.
Related: Deadmau5 and Portugal The Man release a single as 1M NFT to try to be platinum
GameOn stated in the announcement that the partnership with Polygon Studios will significantly help the firm increase plans for the NFT sector.
“Polygon Studios’ investment enables GameOn to offer the full stack of capabilities, from NFT creation, coinage, and sales, to game layers already deployed for white-label customers, such as prediction and fantasy games. “, said the ad.
The Irish producer is looking to fund NFT films
Neils Juul, executive producer of Martin Scorsese’s hit film The Irishman, has created a new NFT company that aims to fund Hollywood movies through NFT sales.
According to a December 1 report by The Hollywood Reporter, Juul’s new company is called “NFT Studios” and is already planning to fund a new NFT sales dramatic comedy film called “A Wing and a Prayer “.
The film will feature the real-life story of Brian Melton, who became the first man to fly around the world in an ultralight aircraft in 1998. The film aims to include actors from list A and will be shot in Malta and London next April.
“We are in the midst of a major transition in the entertainment business where traditional forms of film financing and ownership are taking root due to the rapid rise of streamers and other digital platforms,” Juul said in a statement.