Here’s the latest news from the world of NFTs
Whether you love them or you hate them, NFTs appear to be here to stay. So here’s your weekly dose of NFT news to keep you up-to-date with the art world’s worst/best friend.
NFT Sales Up in Second Quarter of 2021
After the huge hype around NFTs in the spring, many of us reckoned it’d die down into nothingness. Like those stretchy chokers everyone wore in 2014. However, the latest Dapp Industry Report has reported that the second quarter of the year saw a huge $2.4 billion in NFT sales. It’s thought that a large part of this income came from new NFT games, rather than art NFTs.
Steve Job’s 1973 Job Application Goes on Auction
A physical and NFT copy of Steve Job’s handwritten application to join Atari have gone to auction. The physical copy has gone under the hammer already and changed hands multiple times: when it sold in London earlier this year it had increased in value 1,200% from its original sale price. It’ll be exciting to see which version – digital or physical – goes for more.
It Was Only A Matter of Time: NFT Love?
21 year old Marta Rentel (AKA Marti Renti) claims to have sold “virtual love” to an anonymous buyer who paid $250,0000. Marti is an influencer with nearly 3 million followers on TikTok, and she released her first single ‘Bad Girl’ in early 2021. The NFT came with an invitation to have dinner with Marti IRL, and it’s not clear exactly what the NFT was made up of. Are we about to see the start of NFT dating?
Worlds First NFT Camera
AirWire have announced the launch of their NFT camera as part of its beta app. The camera will allow you to “NFT Your Life”, minting images and videos from your day to the blockchain. The idea is to combat the issue of rights over your own images: when you post to Instagram, you lose the rights to that image. With the NFT Camera, you own the full rights immediately. The NFT camera is due to be particularly popular for influencers, celebrities, and OnlyFans users who would want to make money from their pictures.
Giddy Up: NFT Racehorses
ZED is a digital platform for horseracing where you breed and trade horses as NFTs. It started in 2019 and has recently raised $20 million in funding to continue their thoroughbred work. VHS, the company behind ZED, hope to extend the ZED metaverse with the money.
FrankyNines Sells Out Debut NFT Collection
Franky Aguilar – better known as FrankyNines – has debuted his first NFT collection “Sup Ducks” of 10,000 funky ducks. The collection sold out quickly and Aguilar said “it’s time the art world lets loose and gets a little silly – that’s what this project is all about”. We love that.
Author: Verity Babbs