Here is some of what’s inside today’s curated NFT news collection:
Trump’s NFT earnings, $20M NFT Music raise, BAYC NFTs, The Flash NFTs, Tom Brady’s NFT losses, Jay-Z’s NFTs, and Steve McQueen portrait NFTs.
🎭 Trump’s NFT Income and Crypto Holdings Revealed: The former US President, Donald Trump, has disclosed his income from NFTs and his crypto holdings in a recent public disclosure. The document reveals that Trump earned between $100,001 and $1 million from NFT sales in 2022. The disclosure also shows that Trump holds Bitcoin and Ethereum, with each holding valued between $1,001 and $15,000. Read more.
🎵 NFT Music Service Raises $20M: A new NFT music service has raised $20 million in a recent funding round. The platform, which aims to give artists more control over their work and a larger share of the profits, has attracted significant interest from investors. The service allows artists to mint their music as NFTs and sell them directly to fans. Read more.
🦍 Bored Ape Yacht Club NFT Sells for Over $1 Million: The NFT market is showing signs of life as a Bored Ape Yacht Club (BAYC) NFT recently sold for over $1.2 million. The sale has sparked renewed interest in the BAYC collection and the broader NFT market. However, some have questioned the legitimacy of the transaction, suggesting it could be a “wash trade”. Read more.
⚡ The Flash Movie and NFTs: A New Low?: Warner Bros. and DC’s latest venture into the NFT space with The Flash movie has been met with criticism. The Flash Web3 Movie Experience, released on WB’s blockchain service, includes interactive environments and digital collectibles. However, the move has been described as a desperate attempt to generate revenue from a movie that has underperformed at the box office. Read more.
🏈 Tom Brady’s NFT Investment Loss: NFL star Tom Brady has reportedly lost 60% of his investment in a Bored Ape NFT. Brady, who purchased the NFT for $430,000 in April 2022, saw its value plummet to $168,250. This comes on top of a reported $30 million loss due to the bankruptcy of crypto exchange firm FTX. Read more.
🏍️ Triumph Partners with Artist for NFTs and Steve McQueen Portrait: Motorcycle manufacturer Triumph has partnered with artist Michael Kalish and Steve McQueen’s family for a unique NFT project. A one-off T100 Bonneville and 1,000 NFTs have been created, with each NFT linked to a unique blockchain-backed LGT Tag hidden in the motorcycle. Read more.
👟 Jay-Z’s Roc Nation and Puma Launch NFT-Enhanced Sneakers: Jay-Z’s Roc Nation and Puma have collaborated to release a new sneaker collection tied to NFTs. The RS-XL Mixtape sneaker collection includes three mixtape-inspired styles, each with a unique blockchain-backed LGT Tag that unlocks exclusive digital content. Read more.