Bored Ape Yacht Club isn’t monkeying around when it comes to NFTs. On June 1, a rare Bored Ape Yacht Club (BAYC) NFT sold on OpenSea for 49.99 ETH, or $128k at the time of purchase. This marks the highest sale yet for a BAYC NFT, putting it in a price range typically reserved in…

A testnet token created a full on mania at CoinDesk’s Consensus 2021 virtual conference last week, in one of the latest signs even valueless coins can spur engagement and help unite communities.  CoinDesk’s $DESK token had been claimed by more than 1,371 addresses by the end of the conference on May 27. Each wallet claimed…

It’s official: NFTs have gone totally mainstream. That’s the upshot from the announcement that the Associated Press, the 175-year-old paragon of traditional media, is planning to auction off 10 one-of-a-kind NFTs to celebrate its iconic photojournalism. Among the offerings: an artistic representation of the shot showing U.S. Marines hoisting the Stars and Stripes on a…

In this week’s episode I interview Kayvon Tehranian, founder & CEO of Foundation, a platform for minting, buying and selling non-fungible tokens. We talked about the future of the internet —Kayvon believes blockchains are adding property rights to the internet. He also thinks that instead of having to wait for old institutions to come online, new ones…

Developed by NFT social media network AITO, the NFT is a first on Aave and also a first in that it’ll generate ongoing Aave yield for the artists. The artwork itself is a multimedia, audiovisual collaboration between the DJ Marshmello and Steven Messing, the concept art director for Avatar 2 and Avatar 3. The auction…

I bet you’re wondering… what the hell is a Meebit? Well, I will tell you. It’s a collection of 20,000 3D characters, each unique but assembled from a randomly generated collection of attributes of varying degrees of scarcity and hence desirability. Sounds like CryptoPunks? Well that’s the idea. That model has been the undeniable party…

Sotheby’s art auction house is accepting Bitcoin and Ether as payment for physical artworks.  In collaboration with Coinbase, Sotheby’s becomes the first major fine art auction house to do this.  While Christie’s art auction house recently accepted $69M in ETH for Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS,” that was an NFT. Sotheby’s is taking its…

You back-up your NFTs to IPFS using Minters Vault.

IDEO today announced the IDEO Founder Collective, where founders of the design firm’s portfolio companies can invest in each others’ startups.  All 20+ members —including IDEO CoLab Ventures, the firm’s venture arm— are contributing an equal amount of equity or tokens in return for shared ownership in the collective. Besides participation in the group’s companies,…

Binance is planning to launch an NFT marketplace and trading platform in June, the exchange said in a post. Binance NFT aims to offer high liquidity and low fees for NFT transactions. The two main venues available at launch will be a “Premium Events” category for exclusive artist collaborations and exhibitions, and a “Trading Market”…