It seems that the theme of the week in crypto was “the rises and falls” and NFTs were no exception. As we begin the second full week of 2022, there was plenty of action to review in the NFT landscape. It is quite difficult to follow the NFT realm where there are countless developments. For this reason cryptocoin.com We travel in the wonderful world of NFTs and bring important developments, NFTs, to your attention. Now the details…
NFT news of the week
OpenSea volumes exploded as the year began. While some of the biggest cryptocurrency tokens have had a rough start to 2022, OpenSea’s volume hasn’t slowed down one bit. In fact, according to Dune Analytics, daily volumes each day (in ETH) on OpenSea this year were more than on any other day in Q4 2021. NFTs are literally booming at OpenSea earlier this year. The volume comes despite growing controversy around concerns about centralization in major tools like OpenSea and MetaMask.
The BAYC debate… Where does the Bored Ape Yacht Club (BAYC) inspiration come from? What are the connotations on which the creator of the concept (Yuga Labs) relies? These are the questions that came to the fore this week in the Bored Ape Yacht Club discussion, which has been going on for weeks.
From CES: Samsung will add NFT support to 2022 TVs. CES is historically seen as one of the biggest traditional tech conferences, hosting big news, new announcements and crazy concept shows every year. This year, the NFT star of the show was Samsung, which announced NFT integration in its 2022 smart TVs.
GameStop NFTs are on the way. While RadioShack is rebranding as a new DeFi tool and meme stake AMC, another legacy tech and entertainment brand, has found plenty of headlines in crypto. Technology and entertainment brand GameStop is entering the NFT space. According to the news this week, GameStop has assembled a team of 20+ people to promote the NFT market this year.
Nas became the latest Hip-Hop artist to enter the NFT field. Hip-hop and electronic music have really been the leading genres, mostly when it comes to NFTs. We saw Eminem (who recently bought his own Bored Ape) and Jay-Z (who is a CryptoPunk owner) get into the crypto business last year, and now legendary hip-hop artist Nas is the latest to enter the space. Nas will partner with 3LAU’s Royal platform to offer royalties for two tracks through two existing NFTs and three copyright offers. Nas will be the first to sell copyrights on the platform.
K-Pop group BTS is airing NFT despite the low fan response. BTS is one of the biggest names in k-pop and is kicking off 2022 with a new NFT announcement with a fanbase. Expressing fans’ core concerns about sustainability, BTS responded to upset fans by stating that the carbon footprint impact of the NFT series would be extremely small – but many were unconvinced. BTS said they will move forward no matter what, thanks to a partnership with financial services firm Dunamu. Dunamu released their first NFT in November paired with BTS last month and continues to make headlines as we head into the new year.
Balmain and Barbie see the latest fashion integration with NFTs. Three new fashion-based NFTs are launching this week, courtesy of Balmain’s latest partnership with Barbie. The three NFTs will be auctioned on MintNFT. Balmain started making a strong NFT breakthrough last month, following big fashion brands like Burberry and Gucci (to name just a few), which entered the space last year. And for Barbie maker Mattel, this isn’t their first foray into space, as the brand has previously released Hot Wheels NFTs to match the likes of Gary Vaynerchuk’s VeeFriends project. Mattel President and COO Richard Dickson described Balmain as “the perfect partner to transform Barbie iconography into a modern iteration of digital art and physical fashion” in what could be described as a unique partnership.
Political NFTs from Ali Ata
Ata, who was on the agenda for the music he made for election support for Ekrem İmamoğlu, now has 3 songs for Recep Tayyip Erdoğan! At the same time, these songs were presented on the blockchain, which is considered the most advanced technological infrastructure. The works offered for sale as NFT were presented to the enthusiasts on the Opensea platform. Entrepreneur named Ali Ata made 3 songs for Recep Tayyip Erdoğan in his last venture. One of the songs is in Kurdish and is also available for sale via Polygon, an environmentally friendly cryptocurrency.
Artist Refik Anadol stepped into the metaverse. Artist Refik Anadol had previously sold many of his works as NFT. Anadol said that this time he entered the metaverse realm. Anadol’s project is called DATALAND. The Metaverse project will be a project in neuroscience. The artist announced his metaverse project as follows:
Dear Friends, we are very excited to announce: DATALAND-the world’s first multi-sensory Metaverse project that will redefine the relationship between perception, presence and sensation.
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