the latest news in NFTs + crypto art + web3
Back in November 2021, I wrote about the cryptic case of the CryptoPunks, which were first released for free without any content licenses. Check out my article “The Cryptic Case of the CryptoPunks Licenses: The Mystery Over the Licenses for CryptoPunks NFTs.“ Co-founder of Larva Labs John Watkinson described the rollout of the CryptoPunks “a…
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Friday, January 14th may be a day that we look back in history and say, That’s the day Bored Ape Yacht Club ended all debate over which NFTs are the most influential and the most powerful driver in the market. It’s BAYC. The floor price for the cheapest Bored Ape NFT is 83 ETH (($276,345.18).…
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GM, everyone. If you thought the fervor for NFTs would go down with the stock market and Bitcoin yesterday, you were wrong. NFT sales were down yesterday after a bull run for four straight days. That’s true. But that was to be expected after the torrid NFT sales, in contrast with the decline of the…
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As we wind down 2021–what a crazy year it’s been–there’s one thing I wish I could do over. I wish I had followed @gmoneyNFT, who is self-described as a “futurist. disruptor. ape,” and read his tweet from January 6, 2021. In a tweet that may go down in history as a watershed moment for Web3…
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Well, it happened. The Bored Ape Yacht Club, which just launched in April 2021, have “flipped” the legendary CryptoPunks, still the highest valued NFT collection. Flipping means that the last, lowest sales price for BAYC is higher than the same indicator for CryptoPunks. Back when BAYC first launched in April 2021, the NFTs were selling…
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One of the most famous NFT collectors is Cozomo de’ Medici, a reference to the wealthiest man who ruled Florence during the Renaissance and who was a patron to artists. On OpenSea, Cozomo de’ Medici has over 450 NFTs. On Sep. 20, 2021, Snoop Dogg tweeted “I am @CozomoMedici.” Many took that tweet as true.…
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Flippening: There’s been a lot of chatter on social media about the possibility that Bored Ape Yacht Club (BAYC) will flip the CryptoPunks–meaning having a higher floor (sales price for the lowest priced recent sale) than the CryptoPunks. Indeed, that would be a shocking turn of events, given that the CryptoPunks are the most valuable…
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Well, that escalated quickly. Two days ago, we reported some growing dissatisfaction among CryptoPunks NFT owners over the limited rights they get under the NFT License that apparently governs the use of the CryptoPunk characters (capped at $100,000 annually for merchandising only, and no derivative works). One of the most vocal critics was the owner…
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Things in the NFT world are happening fast and furious. The CryptoPunks NFTs, produced by Larva Labs, are the highest grossing collection to date, and probably the most famous. But, in the past few days, debate over the terms and lack of clarity in the copyright licenses that owners of CryptoPunks NFTs received–or did not…
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One of the most fascinating aspects of NFTs is that their value can increase as the value of Ethereum (or other cryptocurrency used to purchase the NFT) increases. Today, CryptoPunk #8295 sold for a lower ETH price than the seller had first purchased it. So, the sale looked like a loss of 5.05 ETH. But,…
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