๐ฆธ A CryptoPunks NFT was purchased for $111,600 by a buyer who exchanged testnet ether tokens for ETH to make the purchase. The buyer used 527,281 goerli ether to fund the purchase of CryptoPunk #9682. From The Block.
๐ MoonPay CEO Ivan Soto-Wright discussed the continued popularity of NFTs, MoonPay’s work with Puma and Nike, and the potential for NFTs and crypto to become more mainstream when they can be integrated into daily life, with brands driving that integration, during an interview with Decrypt’s Liam Kelly at NFT Paris. From Decrypt.
โฝ $ETH NFT gas usage slides towards a two-year low, demand for inscription grows. From CryptoSlate.
๐จโโ๏ธ According to an industry expert, traders of non-fungible tokens (NFTs) on Solana may be shifting to newer projects, as the Forkast SOL NFT Composite saw a 6.13% dip in its performance over the past seven days, despite rising sales. From Forkast.
๐ฆ DegenZoo used AI to create Logan Paulโs NFT game without him. Not only that, but CEO of DAO Maker, Chris Zaknum, built an alternative game to Paul’s CryptoZoo in 30 days. The team used AI in multiple ways to build the project. From The Block.
๐ Despite the collapse of NFT sales, Hollywood’s talent agencies have continued to embrace the NFT craze, with UTA and CAA signing NFT creators such as Proof and Daniel Allan to their rosters. Studios have also gotten involved, with Warner Bros. rolling out NFTs based on “The Lord of the Rings.” This enthusiasm for NFTs is part of Hollywood’s wider interest in Web3 technologies, including the metaverse and virtual entertainers. From Grid.
๐ โVitalikโ NFT Collection Takes Top Spot on OpenSea. The Gitcoin Presents NFT collection, which recently concluded its open edition mint, has become popular and valuable due to its association with Ethereum co-founder Vitalik Buterin, although it is unclear if he was directly involved in the project. The collection has topped leading marketplaces and has garnered significant interest from buyers. From CoinDesk.