NFT News May 28, 2022

Invisible Friends, the Popular NFT Collection From Magnusson

Published

1 month ago

May 28, 2022

With a little over half a million Twitter followers and almost 300,000 members in the project’s Discord server, getting their hands on a white paper position was not an easy thing for the dev teams. “I did the Discord grind for weeks, got to level 20 and participated in every marbles, meditation, gardening and journaling workshop. I even bought $2,000 worth of merch to try and get noticed. But it wasn’t enough to get whitelisted.” This was taken from comments in the community in the Discord, and demonstrates the dedication these owners have for the Invisible Friends.

What’s The Invisible Friends?

Invisible Friends is a very popular NFT collection of 5,000 animated “invisible” characters. Recently, they sky rocketed to a floor price of 12 ETH ($29K) as soon as the early access sale started early this year. Prices have abated since then, returning to around 9 ETH ($22,000) with over 10,000 ETH ($24M) in trading volume on OpenSea, pushing the collection to the top of the daily leaderboard just beyond that of Tubby Cats.

From the Discord

“Invisible Friends is created by Motion Markus, one of DeeKay’s early influences. RCC as a brand is most likely going to bring Dee on for his generative project.” These little guys are a pretty refreshing break from the norm as far as NFTs go. We see so much variation that it can be hard to pick your favorite style. However, the style itself is pretty recognizable.

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Billy Houghton

Billy Houghton is a top acclaimed and sought-after commodities futures trading expert. The expertise and in-depth level of analysis that is offered by Billy Houghton is what has managed to put him at the stage of being the top ranked author for MetaNews among multiple different categories. Throughout his career, Billy has specifically spent over three decades on Wall Street fine-tuning his skills, which included over two decades at a trading desk. In more recent times, specifically the last decade, Billy has been researching algorithms of AI in futures trading, and believes they are the future of trading. He started writing about the Metaverse, as he thinks its the future of everything AI related.

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NFT News

An Exclusive NFT Collection Comes to Cantina Royale

Published

11 hours ago

June 29, 2022

Billy Houghton

A high-profile collection of NFTs called Elrond Apes will soon be joining the ecosystem of Cantina Royale. This platform is the largest Play-to-Earn and Free-to-Play platform on hot EGLD ecosystem. According to the company’s official statement shared recently for a press conference, the platform’s non-fungible tokens of Elrond Apes are currently available as playable characters in Cantina Royale. The collaboration allows all Elrond Apes NFTs to be featured across single-player and multi-player gameplay levels of Cantina Royale platform.

The Scoop

A comment released independent of the original release, has Daniel Sagi saying, “Seeing NFT interoperability come to life with renowned NFT collections like Elrond Apes always feels like getting one step closer to the core tenet of blockchain technology. By bringing the Elrond Ape and Cantina Royale community together, I’m certain that this partnership will be a shiny case study for interoperability while everyone enjoys playing with their favorite NFTs.”

“Cantina Royale’s innovative vision to bring the first of a kind free-to-play play-to-earn game was one that Elrond Apes wanted to be part of. From Lending, to breeding to playing the game with their favorite NFTs is where our communities will enjoy.”

NFT News

The Genesis NFT Collection From Bentley Motors is Coming

Published

4 days ago

June 25, 2022

Billy Houghton

The famous British luxury car designer Bentley Motors Limited is finally doing what we all hoped they would do all along. They will be designing something for the future Web3 ecosystem. This is going to take the form of the launch of a non-fungible token (NFT) collection, which will be on the Ethereum scaling platform Polygon, the company announced today. According to a recent announcement, the new NFT collection is slated to hit the markets in September 2022 and will feature a collection of a total of 208 pieces.

The News

Bentley Design is going to be in charge of making the NFT collection. Investors and purchasers that obtain the NFTs will receive special access and rewards from Bentley Motors. The car manufacturer did not release the NFTs’ price tag as yet.

Additionally, Bentley Motors has told sources that they plan to contribute the proceeds of the sale of all the NFTs to supporting students interested in engineering, design, and manufacturing. Additionally, the company plans to use the funds to support organizations that push for sustainability, especially in the transportation industry.

The Scoop

“The car manufacturer chose to drop its NFT collection on Polygon because the network is carbon neutral. Per the announcement, the Bentley NFTs will be eco-friendly, helping the company build on its commitment to achieving end-to-end carbon neutrality by 2030.” -Bentley

This collection will eventually set a precedent that all car companies and will hopefully result in more than a few collections getting fast-tracked.

NFT News

Cryptoys is a New Startup For Kids Blockchain Development

Published

5 days ago

June 24, 2022

Billy Houghton

Cryptoys, the internet start-up, is getting a boost in funding to achieve its goal. That goal is, in short, building a blockchain-based toy infrastructure that will get younger users used to the ideas of digital ownership and complex NFT mechanics. They have just finished raising $23 million which was headed up by Mattel, Dapper Labs, Draper & Associates, Acrew Capital, CoinFund, Animoca Brands and Sound Ventures. Cryptoys recently announced a $7.5 million seed round as well, and in this article we will examine the plan.

The News

Why should kids care about their in-app purchases being blockchain-ordained? This is a question put forward by the company as it finishes the round of funding. Weinraub, the CEO, says that “kids bouncing from platform to platform means a lot of digital asset value being lost, and he thinks his own children would be interested in reselling in-game items they’ve bought and grown tired of to fund new digital purchases.” Weinraub has stated that he believes that the occurrences of parents spending large amounts of money on cartoon animal NFTs means that they can get closer to their kids this way, and they want to continue that trend by enhancing the parental voice in the markets.

The Scoop

“For those parents that have gotten involved in the NFT space in the past several months, it’s fair to say that many investments haven’t turned out as profitable as anticipated even as many of the companies involved have seen big paydays.” -Tech Crunch