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issa hot fresh vibe - those green-candles blasting up and to the right my frenÂ
thank you matt furie for pepe
thank you gremplin for cryptoadz nftÂ
thank you cc0 art and memes
via Tyler CulbertsonÂ
stonk market memes make the world go round?
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#pepe the frog#pepe hug green candle#green candle#tyler culbertson#cryptoadz#gremplin#hot fresh vibe#matt furie#pepe#cryptoadz nft#nft memes#stonks#stonks memes#meme#memelife#lorenzo#lorenzo lasagna#bollinger bands#index funds#qqq#nasdaq#nyse#stock exchange#chartist
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NYAN CAT X CRYPTOADZ X LORENZOâS LASAGNA X TYLER CULBERTSON X cc0
#cryptoadz#cryptoadz gremplin#lorenzo lasagna#nyan cat#nyan#lasagna cat#lasagna memes#nft memes#tyler culbertson#king gremplin#vr headset#rainbow#nyanverse#pixel animation#8 bit art#8 bit aesthetic
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đ #Web3 đ° The $1.6 Million CrypToadz NFT Mystery Recently, an anonymous crypto user stunned the NFT community by purchasing a single CrypToadz NFT on OpenSea for 1,055 Wrapped Ethereum (wETH), equivalent to roughly $1.6 million.What made the transaction particularly surprising was that the average sale price for a CrypToadz NFT usually hovers under $1,000. This same NFT had changed hands for a mere 0.95 ETH just two weeks prior. Adding a layer o...(read more) #CrypToadz #Million #mystery #NFT đ
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A wallet paid 1,055 Wrapped Ethereum (WETH) for a CrypToadz non-fungible token (NFT) that was worth 0.950 Ethereum (ETH) two weeks ago. Is it just a mistake or a fraud? While some claim that the NFTs are dead, one person made a 1,000x return on their CrypToadz #4030 NFT. According to the collectionâs OpenSea page: âCrypToadz are a collection 6969 small amphibious creatures trying to escape the tyrannical rule of the Evil King.â Possible Reasons Behind CrypToadz NFT Sale OpenSea data shows that a wallet, 0xe1a0, purchased the CrypToadz #4030 NFT for 1,055 WETH (around $1.4 million) on Oct. 9. The deal came to the communityâs attention because the average price of that particular NFT remained around 0.95 ETH. But 0xe1a0 paid over 1,000 times more than the average price. The wallet also paid around $41,500 in fees to the NFT marketplace OpenSea. Read more: Top 9 OpenSea Alternatives in 2023 CrypToadz #4030 NFTâs price history. Source: OpenSea Some community members are speculating that there is a good chance that the deal was a wash trade. Previously, BeInCrypto explained: âWash trading is a form of market manipulation where an entity buys and sells the same asset simultaneously. This deceptive practice creates a mirage of market activity while the beneficial ownership of the asset remains unaltered.â On tracking the fundsâ on-chain flow, it can be seen that 0xe1ao received 1,115.90 ETH from another wallet â 0x8Da4. However, 0x8Da4 received the funds from the crypto mixer Tornado Cash in batches of around 99.5 ETH. Due to this on-chain behavior, some community members suspect money laundering activities. An X (Twitter) user wrote: âA rugger purchasing his another wallet NFT pretending itâs a fat fingerâ Read more: Top 7 Tornado Cash Alternatives in 2023 0x8Da4 wallet address received funds from Tornado Cash. Source: Etherscan However, some speculate it was a fat finger error (typing mistake). Indeed, the wallet address made multiple offers of 1.055 ETH for other NFTs from the CrypToadz collection. Hence, there is a possibility that for CrypToadz #4030, the person typed a comma instead of a period and spent 1,000 times more than intended. What are your thoughts? 0xe1aoâs multiple bids for CrypToadz NFTs. Source: OpenSea Meanwhile, the NFT market is going through a challenging phase. DappRadar data shows that trading volume has dropped to its lowest point since the first quarter of last year. Amid the slump in the NFT trading volume, the top NFT developer, Yuga Labs, announced on Oct. 6 that it was cutting its workforce. Read more: 10 Best NFT Marketing Agencies To Promote Your Digital Art NFT trading volume. Source: DappRadar Do you have anything to say about CrypToadz NFT or anything else? Write to us or join the discussion on our Telegram channel. You can also catch us on TikTok, Facebook, or X (Twitter). Bitcoin (BTC) analysis, click here.
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Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
One of the CrypToadz nonfungible tokens (NFTs), whose average price doesnât exceed $1,000, was bought for an astonishing 1,055 Wrapped Ethereum (wETH), an equivalent of $1.6 million. The deal occurred on the OpenSea market on Oct. 9. The NFT represents âa small, warty, amphibious creature,â one of the 6,969 units minted by the pseudonymous digital artist Gremplin. The CrypToadz collection wasâŚ

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oh my god more than one urfavisunfuckable mod was involved with the NFTs. from what im aware mod rhys minted the NFTs but mod jack was also involved to some degree in helping design them im going to commit.
[IMAGE ID: A paragraph from the Slime NFT website originally run by mod rhys. "Special thanks to ... My friends, for ideas (especially sal and Jack!) and various NFT projects for inspiration and motivation to keep going such as Cool Cats, Cryptoadz, Axolittles, and more! And of course, everyone who's adopted a slime, everyone who's thinking of adopting a slime, and everyone who read this far! Thank you all so much!" END ID]
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Chainlink Partners With Coinbase Cloud to Launch NFT Floor Price Feeds on Ethereum
Chainlink Partners With Coinbase Cloud to Launch NFT Floor Price Feeds on Ethereum #CryptoTale #CryptoNews #Crypto #Blockchain
Chainlinkâs latest blog post states that its NFT Floor Price Feeds have been deployed on the Ethereum mainnet and are now accessible to the general public, providing high-quality price data for the NFT economy to enable dApp developers and unleash novel hybrid NFT-DeFi use cases. Azuki, Bored Ape Yacht Club, CloneX, Cool Cats, CrypToadz, CryptoPunks, Doodles, Mutant Apes, Vee Friends, and WorldâŚ

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What is a cc0 NFT?
What is a cc0Â NFT?
So, you are wondering what the hell is cc0 NFT? Well, cc0 NFTs are very popular lately, being the open and transparent side of the brand that maximally decentralizes. Projects such as CrypToadz, Blitmaps, and Mfers, all feature âCreative Commons Zeroâ artwork. But what does cc0 mean? And what does it have to do with the commercial rights of NFT IP? Usually, people think that just because you madeâŚ

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Key Takeaways goblintown NFTs are skyrocketing. After a totally free mint recently, the flooring cost for a goblintown briefly topped 2 Ethereum today. The collection takes its name from "Goblintown," a term commonly utilized to describe bearish crypto market conditions. goblintown utilizes CC0, comparable to other collections like CrypToadz and Nouns. The flooring rate for a goblintown NFT topped 2 Ethereum for the very first time today. Ethereum Goblins Rally It's not just apes, lizards, and bears that have actually acquired appeal in the NFT neighborhood. Now that the crypto area is deep into a down stage, NFT lovers are hurrying to purchase tokenized goblins. A collection of 10,000 goblin NFTs entitled goblintown introduced recently and has actually rapidly taken the marketplace by storm. The collection takes its name from "Goblintown"-- a term crypto locals utilize to describe bearish conditions in the digital possessions area when costs are down and interest is falling. As Bitcoin, Ethereum, and other properties have actually been except their highs for 7 months, the crypto area is presently in "Goblintown," which might discuss why the NFT collection has actually removed regardless of its intentionally monstrous visual aesthetic. goblintown NFTs were dispersed with a totally free mint recently and need has actually skyrocketed over the previous couple of days. Trading volume on OpenSea has actually topped 8,800 Ethereum, making goblintown the second-most traded NFT collection of the previous week behind Otherdeed for Otherside. The flooring cost for one goblintown briefly topped 2 Ethereum today, which is a reasonably significant cost regardless of Ethereum's weak efficiency of late (the flooring rate has actually considering that cooled to 1.8 Ethereum). Ethereum is trading at $1,840 following another drop today, putting the entry cost for goblintown at about $3,300 Remarkably, the rarer NFTs from the collection are commanding even greater price in spite of the present crypto environment. goblintown #8995, a special goblin using an ultra-rare crown, cost 69.42 Ethereum worth $136,207 on LooksRare Wednesday. goblintown #8995(Source: LooksRare) goblintown Embraces CC0 Besides the paradoxical name, one factor for the appeal of the collection may be its method to copyright licensing. goblintown utilizes a "no copyright booked" policy, otherwise referred to as CC0, implying the goblins are offered in the general public domain and anybody can build on them and repurpose them as they like. Other CC0 NFT collections like Nouns and CrypToadz have actually grown in appeal in current months, sustaining disputes surrounding what "ownership" of an NFT ought to require. Maybe the most prominent example of the copyright concern in the NFT area came when CryptoPunks developer Larva Labs provided copyright takedown notifications to CryptoPunks acquired tasks, taking a method that some referred to as at chances with the Web3 motion. Larva Labs offered the copyright for CryptoPunks to Bored Ape Yacht Club developer Yuga Labs in March. Yuga Labs then offered Punk holders the rights to their NFTs following the acquisition. With goblintown, anybody might in theory repurpose the collection's art work in their own material. Unlike many other NFT collections, goblintown boasts that it provides "No roadmap. No Discord. No energy." In an area where effective tasks frequently depend upon the group's pledges and how strategies are carried out, goblintown's stripped-back method might likewise be an element behind the cost increase. Naturally, there is likewise another description. It's possible that market individuals are hypothesizing on the latest pattern in hopes of protecting revenues while other possessions trend down. Other NFTs have actually gained from such market habits and ultimately blew over. Considered that goblintown was influenced by crypto's "Goblintown," it might require the bearish conditions to dominate for the buzz to last.
Disclosure: At the time of composing, the author of this piece owned ETH and numerous other cryptocurrencies. The details on or accessed through this site is gotten from independent sources our company believe to be precise and reputable, however Decentral Media, Inc. makes no representation or guarantee regarding the timeliness, efficiency, or precision of any details on or accessed through this site. Decentral Media, Inc. is not a financial investment consultant. We do not offer individualized financial investment guidance or other monetary guidance. The info on this site goes through alter without notification. Some or all of the details on this site might end up being out-of-date, or it might be or end up being insufficient or unreliable. We may, however are not obliged to, upgrade any out-of-date, insufficient, or incorrect info. You ought to never ever make a financial investment choice on an ICO, IEO, or other financial investment based upon the info on this site, and you ought to never ever analyze or otherwise count on any of the info on this site as financial investment suggestions. We highly suggest that you seek advice from a certified financial investment consultant or other competent monetary expert if you are looking for financial investment recommendations on an ICO, IEO, or other financial investment. We do decline payment in any kind for examining or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or products. See complete terms NFT Project Spotlight: Ember Sword, the NFT-Driven MMORPG Crypto Briefing talks with Bright Star Studios creator and CEO Mark Laursen about the studio's upcoming enormously multiplayer online role-playing video game, Ember Sword. What Is Ember Sword? Coal Sword is ... Ethereum NFT Collectors Are Digging Up Digital Skulls Gary Vaynerchuk and other NFT influencers have actually assisted accentuate the CryptoSkulls collection. NFT Community Unearths CryptoSkulls Collection Ethereum archaeologists are hurrying to collect digital skulls. The CryptoSkulls ... eBay Drops First NFT Collection on Polygon eBay has actually released its first-ever NFT collection in cooperation with the green NFT market, OneOf. eBay Releases NFTs on Polygon After Meta, Twitter, Adidas, Visa, and a host of other ... Read More
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GM GM - Lorenzo and that hot nounish !vibeÂ
PSA: buy Motiâs Noggles IYKYK
#cryptoadz#gremplin#lorenzo lasagna#nounish#nft memes#nft toad#nounsdao#tyler culbertson#gm gm#gm#noggles#moti#cryptoad#king gremplin#pixel art#pixel animation#lasagna cat#i am drinking your milkshake
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New Post has been published on https://primorcoin.com/the-user-who-bought-a-cryptoad-for-300-eth-and-sold-it-for-6-9-eth/
The User Who Bought a CrypToad for 300 ETH and Sold it for 6.9 ETH

Itâs safe to say that non-fungible tokens have seen better days as liquidity dries up amid a broader market downturn and collapsing prices. Amid all this, an investor has let go of an NFT they bought for more than $1 million for less than $10K.
There are many stories of users turning a small investment into a massive bank, but this one is not one of them. In fact, itâs the exact opposite. Just a few hours ago, someone sold a non-fungible token from a collection called CrypToadz by GREMPLIN for 6.9 ETH, worth roughly around $8.4K at the time of the transaction. Interestingly enough, this same NFT was bought eight months ago for a whopping 300 ETH. At the time, ETH was trading at around $3.5K, making this a purchase worth $1,050,000.
Source: OpenSea
Of course, itâs not out of the question for the user to have sold the NFT to himself for such a high price back then in a process thatâs known as wash-trading. It could also have been done in a bid to reduce taxes payable, although this would constitute a punishable offense. The CrypToadz collection currently has a floor price of around 1.5 ETH â a shadow of its former self. Last year, at around the time the above purchase was made, the average NFT from this collection sold at above 21 ETH.
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The NFT Market's Continuing Divergence: A New Pyramid is Forming MadCanner development
After more than a year of development, the NFT market, a brand new segment with a trading volume exceeding $50 billion, now has a sufficiently large sample of projects. To differentiate the quality of individual NFT projects, the NFT market has adopted the traditional market concept of âblue chipâ to identify the best NFT projects.https://discord.com/invite/Wduk7zNjPM
In the majority of peopleâs minds, the term âblue chipâ refers to a number of common characteristics.
- a substantial market capitalization
- Protracted life span
- A sizable and engaged user base
- Investors continue to earn a profit on their investments
However, for the nascent and rapidly changing NFT market, this label appears too broad and ambiguous.
Yuga Labs discovered a potent combination in mid-to-late March that almost single-handedly drove the bears away. Since then, there has been a quiet divergence among the âblue chipsâ: BAYCâs floor price has returned to greater than 100ETH, Azuki continues to set new all-time highs, while CyberKongz and the land sector have been eclipsed in this round of frenzy.
Each NFT project is dynamic in terms of its capabilities and development direction, and the classification of projects as âblue chipâ is not only imprecise but also time-consuming. Recent differentiation among the âblue chipsâ has revealed a clearer hierarchy, and a new pyramid is taking shape: whether the âmeta-universe ecologyâ will be at the top, the âmeta-universe brandâ will be second, and the remaining projects will evolve independently, with some standing out and others falling outâŚMadCanner development
Rhythm BlockBeats attempts to restructure the âblue-chipâ segment in this article by examining how the current pyramid of blue-chip projects should be structured in terms of operation, marketing, and development routes.
âMeta-Universe Ecologyâ â Yuga Labs, the land segmentâs âecology builderâ and reintroduction of the âinfrastructure providerâ
Yuga Labs has ascended to the top of the NFT marketâs new pyramid â the âmeta-universe ecosystemâ â and seized the throne entirely for itself.
By acquiring, issuing Token, and defining the land, Yuga Labs demonstrated to the market its ambition to build its own meta-universe ecosystem. Yuga Labs not only dared to create something that has never existed in the market before, but also did so in a way that inspires belief.
To create a âmetaverse ecosystem,â it is necessary to have a sufficiently diverse project lineup (PFP) and a sufficiently reliable integration platform (land). Land is always merely âinfrastructure,â just as iOS/Android ecology is meaningless without Apple/technical Androidâs foundation for countless application development. However, in the initial environment, PFP projects were eager to find new narratives to pique investorsâ imaginations, and âmeta-universe integrationâ was sprouting up on each PFP projectâs roadmap, while PFP projects lacked the resources to build their own âinfrastructure,â so land projects with strong resource support, such as Sandbox and Decentraland, were chosen. Sandbox and Decentraland, for example, are stronger in the two-way race and are widely regarded as âeco-builders.âMadCanner development
However, the NFT market is a magical place. BAYC has grown from a PFP project to a giant with enough resources to build their own ecology in less than a year, and has declared war on the land segment directly with all the PFP segmentâs lords.
Yuga Labs, which intends to consolidate PFP and land, has a greater chance of convincing the market.
A robust army and a diverse portfolio of eco-projects. Following the swallowing of two elephants, CryptoPunks and Meebits, and the promotion of Cool Cats, World of Women, CrypToadz, and Nouns in the âOthersideâ promotional video, the number of PFP-based NFT projects that can be labeled as âYuga Ecoâ has increased to nine. Except for Nouns, each of these nine projects has a market capitalization in excess of $100 million. âYuga Ecoâ projects account for eight of the top twelve PFP projects in terms of total market capitalization. The remaining four seats are occupied by Azuki, Clone X, Doodles, and CyberKongz.
Yuga Heavyweight Spaceship
Additionally, Yuga Labsâ humility in observing the project culture and listening to the community inspires confidence in their ability to maximize the potential of their various vassals. Yuga Labs chose not to move quickly after acquiring CryptoPunks and Meebits, but rather to take their time and deepen their understanding of the project culture through a spontaneous community movement. The projects that comprise a meta-universe ecosystem should not be fragmented, but should be recognized and attracted to one another for their distinct charms. A greater understanding and traction between projects will result in a more effective collaboration and a stronger connection within the ecosystem.
Yuga Labs did not rush into working with CryptoPunks and Meebits, but instead waited to see how their community responded.
Product development that is well-fed and well-funded. Yuga Labs closed a $450 million round of funding in March, valued at $4 billion, with an all-star investor lineup.
One of the primary sources of confusion for investors regarding the current metaverse integration platform is the implementation, which consists of minigame after minigame and does not give users the sense of being âmetaverse natives.â The flow of these mini-games is convergent and uninteresting, and games alone are unable to strengthen usersâ social needs for the entire large platform. After the novelty wears off, users discover that there are few activities available to them aside from shopping and admiring the scenery within the game. This is not only a technical issue, but also a problem with the productâs form planning. Having sufficient funds entails assembling a professional team to plan and implement the product, allowing users to truly âsettleâ into the ecosystem.MadCanner development
According to the total amount of land that Yuga Labs will issue (200,000 pieces), they do not intend to play with a closed circle of PFP projects, but rather to create an open ecology that will allow for the establishment of countless PFP projects and the creation of prosperity. Members of the land board, who have reverted to the role of âinfrastructure providers,â must immediately strengthen their ties with PFP projects, providing additional support for their development and guiding the formation of cultural connections within the ecology.
âMeta-Universe Brandingâ â Azuki takes the initiative in the conflict between the various lords.
Azukiâs breakthrough is truly astounding at the highest level of âMeta-Universe Ecology.â Since March 17, Azukiâs floor price has reached all-time highs, reaching nearly 30ETH, a more than 200 percent increase.
Azuki in Motion
âThey have a keen understanding of this â a âmeta-universe brandâ is not one that exists within the meta-universe, but one that was born within and is well-known outside, which is frequently referred to as being âout of the loop.â It is not enough to be âoutside the circle,â but to be firmly outside the circle.
On the official website, Azuki describes his vision.
To accomplish this, we must establish the following foundation.
A one-of-a-kind sense of beauty. Aesthetics is one of PFPâs values, and different aesthetics will appeal to different types of potential consumers.
Community that is strong. Nurturing a brand is a lofty goal that requires stakeholders to âbelieve in the process.â Each holder is a billboard; they communicate as friends and create as artists within the community, gradually fleshing out the culture and radiating outward.
Operation that is mature. For many projects, the moment of final fulfillment is the moment of selling out. When the hunger marketing campaign is complete, the projectâs owner transforms into a headless fly in the subsequent operation. Physical goods, access to the metaverse, the provision of free data analysis tools, the organization of offline parties⌠The fact that these operational tools are used repeatedly by countless projects reflects the operational incapacity of the majority of projects â homogeneous content is difficult to precipitate stock and even more difficult to attract incremental volume.MadCanner development
The above three pillars determine how NFT projects rank in the brand evolution race, and the more solid they are, the larger the hill in the NFT circle. The closer it approaches the top stream in a circle, the greater the possibility of radiation beyond the circle. Azuki has pushed ahead of the pack of blue-chip projects in the âmeta-universe ecologyâ ranking.
A distinctively Asian anime style. âMy gut feeling is that they [buyers] are Asian and are seeing art that truly resonates with them for the first time,â Azukiâs principal, Zzzagabond, once stated. Iâve spoken with a few investors in Asia, and they tell me this is the first NFT theyâve ever purchased.â
Additionally, this style of art provides ample room for imagination and a strong sense of immersion, which serves as excellent secondary creative material and inspires holders to continue generating wild imaginations for their Azuki, thereby laying the groundwork for a vibrant creative Azuki community.
A robust community. Even prior to the release of Azuki, Twitter was awash with secondary creations, and the enthusiasm for such creations did not wane in the face of the âliver and white,â but grew.
Cosplaying by Azuki owners is a lot of fun!
Along with the high level of community activity, the Azuki communityâs strong consensus was demonstrated during the recent drop, when Azukiâs new NFT series BEANZ was revealed to be nothing more than a pile of dirt when the drop box was opened, yet almost no Azuki holders expected it to be nothing more than a pile of dirt, and the number of pending orders remained consistently below a pitiful 350. Without a consensus base, whatever is dropped will almost certainly be worthless in the real world, but with a strong consensus, selling out will only serve to increase the holdersâ thinking.
The historical trend of BEANZâs market pending orders demonstrates the level of confidence held by Azuki holders in the âpile of dirt.â
Operational procedures. Certain project owners are fearful of upsetting the consensus by âover-promising,â and thus find themselves in the âwine is too good to be trueâ trap. On the other hand, Azuki has it exactly right.
To begin, they established a broad vision â âWeb3 Tideâ â from the start, allowing the holders to understand the projectâs direction while also leaving room for their imagination.
Second, they demonstrate commendable caution in the details, such as their approach to game development.
Along with online activities such as art creation, they also hosted offline themed parties. Not only did they invite well-known artists such as Wiz Khalifa, but they also announced the airdrop during the party. From the moment they opened their wallets to inspect the drop, the interaction between Web3 and reality instilled a sense of experience in the participants.
The race to evolve brands is heating up. The projects with the potential to become brands have their own logic on which the market can wager: Clone X is the market leader in 3D PFP, and its virtual sneakers project, RTFKT Studio, was acquired by Nike in December last year. Doodles recently made its way to SXSW, where it explored new avenues for both 2D and 3D expression via Space Doodles. The mfers, who have already hosted several spontaneous offline community events, will take DAO offlineâŚMadCanner development
In comparison to other leading PFP blue chips, CyberKongz is a bit of a parochial student, being outclassed in terms of artistic style, community culture, and operations by other leading PFP blue chips. While they continue their exploration of the meta-universe â the development of the Sandbox plot, the acquisition of Worldwide Webb3âs Penthouse⌠However, as a result of their efforts, the primary focus has been on optimizing the economic mechanisms underlying their own projects. This is their path to success, but sometimes failures follow previous successes, and the future of CyberKongz, the founder of the âapp school,â is becoming increasingly improbable.
Conclusion
In the NFT market, a new pyramid is forming, and âblue chipâ is an overly broad term for project ranking. Yuga, the âmeta-universe ecology,â is alone at the top of the pyramid. At the base of the pyramid, the Yuga series stands alone, and while no notable project has yet established a foothold in the âMeta-Universe Brandâ tier, there are promising projects moving forward.MadCanner development
The new tier is the result of divergent operations, marketing, and development paths, and it will become increasingly critical to provide holders with a diverse experience. As the metaverse evolves, the truly captivating NFT projects will continue to widen the gap between themselves and the average project, bringing more real consumers to the market and completing a true maturation from speculative to consumer.
Will new projects emerge with novel development concepts that recast the pyramid in light of the ever-changing NFT market? For example, with the recent explosion of the concept of âcross-chain,â we can anticipate the development of new types of applications for PFPs such as Gh0stly Gh0sts and tiny dinos, and land projects by âinfrastructure providersâ must also focus on cross-chain integration.https://discord.com/invite/Wduk7zNjPM
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The reason for the surprise was that the average sale price for CrypToadz is typically under $1,000, making the sudden hundredfold increase in value in a short period of time seem questionable to experts. On October 9th, an anonymous crypto user bought a CrypToadz NFT on the popular NFT marketplace OpenSea for a shocking price of 1,055 Wrapped Ethereum (wETH), equivalent to around $1.6 million. This expensive purchase of a single non-fungible token representing one of over 6,000 illustrated amphibians raised eyebrows within the NFT community. The Surprising Price for a CrypToadz NFT The reason for the surprise was that the average sale price for CrypToadz is typically under $1,000. Just two weeks earlier, this very same NFT had been purchased for only 0.95 ETH, making the sudden hundredfold increase in value in a short period of time seem questionable to experts. Oh geez this doesn't look good. A Cryptoadz NFT sells for $1,660,000 (1,055 ETH). There were $41,500 in fees paid to OpenSea which makes me think it was a fat-finger error. The floor price for the Toadz is 0.5 ETH. ht @gangnam_eth pic.twitter.com/h8bPTCj2la â NFTstats.eth (@punk9059) October 9, 2023 Adding to the mystery was the crypto wallet used to make the purchase. The funds were transferred through an Ethereum account that had been involved in a long chain of transactions obscured using a coin mixing service called Tornado Cash. Tornado Cash is a platform designed to anonymize transactions on the Ethereum blockchain by pooling funds from multiple sources before sending them to their destination wallet. This technique makes the original source of funds extremely difficult to trace. The Anonymity of the Transaction Fuels Speculation The high price paid anonymously led to speculation amongst NFT traders about what was behind the odd transaction. Some wondered if it was simply a mistake in placing the trade, while others suggested more concerning possibilities like wash trading. Wash trading refers to the practice of buying and selling an asset to yourself to simulate demand and increase perceived value. Crypto experts wondered if wash trading could be taking place to artificially inflate the NFTâs price for future sales. The cryptocurrency mixing service known as Tornado Cash, which was used in this NFT purchase, has been involved in a lot of trouble. Just last year, the US government imposed sanctions on Tornado Cash, alleging that it had facilitated money laundering of cybercrime profits, some of which came from crimes against American victims. Tornado Cash has faced accusations of handling more than $7 billion in illegal money since 2019. Additionally, the founders of Tornado Cash have been criminally charged with money laundering and violating sanctions. In the face of the questionable pricing, Gremplin, the artist responsible for the controversial CrypToadz NFT collection, has decided to distance himself from the situation. At the same time, he is encouraging his fans to stay enthusiastic. Surprisingly, the CrypToadz NFTs, which have been selling for significant sums, have had a remarkable impact on the NFT market. This has led to a substantial increase in global trading volume, despite the ongoing controversy. if you're gonna wash your tornado'd eth pls don't sully the good vibes of a fresh toad in the process thx pic.twitter.com/jDqqD9sWTr â đ (@gremplin) October 10, 2023 While the motivation behind the expensive NFT buy is still unclear, the unusual nature of the transaction demonstrates some of the challenges in tracking ownership and evaluating the legitimacy of some crypto trades. Thank you! You have successfully joined our subscriber list.
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How to Become an NFT Artist
A NFT artist is a person who uses digital art to make art. These artists usually use different mediums to create their art, but there are a few that stand out. The following artists all use digital art to create beautiful works of artwork. These artists are known as "NFT Artists." While these artists may have similar names, they differ in their approach and style. In addition to their individual styles, each NFT artist's style is unique.
WhIsBe is a pseudonym for a street artist. The artist created digital art NFTs with a strong Andy Warhol influence, but refined for a more modern audience. His Vandal Gummy Bear series plays with color, texture, and design. His artwork is highly sought-after, and his NFTs can fetch over $4,500 each! The price of a single NFT can range from a few dollars to millions. Visit Here to know more about NFT store.
Gremplin made his debut in this year as an NFT artist. His work is vibrant and he's built a strong reputation as the community leader and a promising NFT artist. He has also worked on creating colorful lore around the CrypToadz project, portraying himself as Evil King Gremplin. This success is reflected in the number of people who have purchased his artwork. The volume of OpenSea has grown to over 51,000 Ethereum and over $207,000.
A website showcases your NFT artistry and expertise. A dedicated website for an NFT artist helps sell your product in an authentic way. Unlike physical art, an NFT artist makes the profit if someone else decides to resell their artwork. The NFT artist's royalties are usually much higher than the sales price of the artwork. This is a significant benefit to both the artist and the customer. It's important to make your website accessible for your followers, but you should always be respectful.
A dedicated website will showcase your talent and expertise. With just 140 characters, Twitter allows people to see your work without even having to meet you. A dedicated website will help you build your public brand. While it's important to maintain a regular presence on social media, it's also important to post your work regularly to attract a wide audience. By displaying your work frequently and regularly, you'll be able to gain attention from people who are interested in your art.
A digital collage artist, Mike Parisella is based in Boston. His work is referred to as Slimesunday. He has more than half a million followers on social media. He's collaborated with 3LAU and created visuals for the hit video Gunky's Uprising. His solo pieces are his most popular and have sold for millions of dollars. In addition to being NFT artists, he is a successful marketer in the digital art world.
A famous NFT artist is Mike Winkelmann, whose collection of digital images has sold for over $69 million. He has also collaborated with Universal Music to create a series of works focusing on women. Other artists with a unique style include Hackatao. Their art is digital, with a graffiti-like appearance that fits within the crypto space. The works are highly recognizable and can be viewed by anyone online.
A popular NFT artist is Slimesunday, a Boston-based digital collage artist. The artist has sold over 6,790 NFT artworks and has over half a million followers on social media. He has collaborated with 3LAU and created visuals for the music video Gunky's Uprising. His most popular solo piece is The Process, which is his most popular and bestselling work to date. In the past year, Slimesunday sold $1 million worth of digital art on the NFT.
In addition to young crypto investors, NFTs are also popular with young crypto investors. Eric Young, who is in his early 40s, is a full-time cryptocurrency investor. He first started investing in Bitcoin in 2018 and has been successful. His purchase of a Langlois's work is one of the biggest transactions he has made on the platform. He said he was only 18 years old when he made the purchase.
An NFT artist is an artifact that uses digital art to make art. This digital artifact is a physical representation of a piece of digital artwork. This can be purchased and sold to people who want to own it. Some artists even sell these pieces to collectors. A good NFT artist can earn over $10k a month. However, if you are an amateur, an online art gallery can be a good option.
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