the latest news in NFTs + crypto art + web3
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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Out of the 10,000 CryptoPunk NFTs, only 38% are women. (The gender disparity is a topic for another occasion!) On November 28, 2021, a female CryptoPunk #4016 sold for 100 ETH ($436,000).
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From August 23, 2021: “Over the last 60 years, Visa has built a collection of historic commerce artefacts—from early paper credit cards to the zip-zap machine. Today, as we enter a new era of NFT-commerce, Visa welcomes CryptoPunk #7610 to our collection.” You can check out CryptoPunk #7610 on OpenSea. The content license for CryptoPunk…
Read MoreEarlier today, we reported about a curious NFT trade made by @CryptoHammond: CryptoPunk #8922, created by Larva Labs and valued today at 115.37 ETH ($404,149), for two NFTs from the Bored Ape Yacht Club: #2812, which received offers today of 35.531 WETH ($124,933.39) and #5068, which received offers of 36.21 WETH ($127,320.88). The trade is curious because the CryptoPunks…
Read MoreAn NFT consultant who goes by the handle @CryptoHammond announced trading away CryptoPunk #8922, created by Larva Labs and valued today at 115.37 ETH ($404,149), for two NFTs from the Bored Ape Yacht Club: #2812, which received offers today of 35.531 WETH ($124,933.39) and #5068, which received offers of 36.21 WETH ($127,320.88). The trade occurred…
Read MoreLarva Labs, founded by software developers Matt Hall and John Watkinson in 2017, is the creator of the pixelated CryptoPunks NFTs. In 2017, the CryptoPunk NFTs sold for between $1 and $34. In 2021, the CryptoPunks are selling for anywhere between $500,000 to $11.7 million. You can find–and buy!–the CryptoPunks at Larva Labs.
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