NFTs

Beeple’s NFT “Everydays” Sells for $69M in Christie’s Auction

A 21,069 x 21,069 pixels jpg file attached to an Ethereum token sold today for $69M in ETH at Christie’s, the world’s oldest fine art auctioneer. Of course, we’re talking about Beeple’s “Everydays: The First 5,000 Days.” The sale was not only a record for an NFT; it was also the third-most expensive work from …

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People Are Outraged About NFT Energy Consumption

The recent NFT boom is spurring concern that the environmental impact of minting these tokens might not be worth the benefits this emerging market is creating, with at least one artist canceling his NFT drop. In brief, blockchain mining is very energy intensive, and by extension, so is mining NFTs.  Both the Bitcoin and Ethereum …

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Withdrawal Delays Highlight NBA Top Shot Centralization

With over $230M in gross sales since launch and affiliation with one of the most lucrative sports franchises in the world, there’s one important question NBA Top Shot fans should be asking themselves: Do they actually own their NBA Top Shots? Top Shot users are experiencing several days of delays in the withdrawal of funds …

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Destigmatizing the Blockchain: Sex Workers in NFT CryptoArt

The last time a stranger called me a “whore” in an effort to insult me, I was standing in line outside of a grocery store, wearing what any confident woman might wear on a beautiful morning in Los Angeles. I thanked her. I knew upon entering cryptoart last fall that there was quite a task …

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Aavegotchi NFT

Aavegotchi NFT Drop Sells Out in Under One Minute

Aavegotchi, a DeFi game revolving around digital “fren” avatars similar to Tamagotchi, sold out of their first drop of 10,000 NFTs in under one minute. Including additional sales of “wearable” and “consumable” NFTs that players can use on their Aavegotchi, collectors bought $5.5M worth of tokens. The Aavegtochi NFTs came in the form of “Portals,” …

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