En Eff Tee News – July 26, 2023

Here is some of what’s inside today’s curated NFT news collection:

Sotheby’s NFTs, Solert Games, Reddit’s 4th generation NFT avatars, new gaming startup Ultra, Worldcoin bomb, and Generative art on Ethereum.

🎨 Vera Molnár, a pioneer in digital art, is having her work auctioned off as NFTs by Sotheby’s. The auction house is selling her early computer-generated art, which she began creating in the 1960s. The NFTs represent a significant milestone in the recognition of digital art, and the auction is expected to attract significant interest from collectors and enthusiasts alike. Read more

🎮 Solert Games, the creator of Legends of War, has launched a new game on the Avalanche subnet. The game, which is expected to be a hit among fans of the genre, is another example of the growing trend of blockchain-based games. With the potential for players to earn rewards and own in-game assets, the game could be a significant addition to the crypto gaming space. Read more

👾 Reddit’s launch of its fourth-generation NFT avatars, Retro Reimagined, has been met with mixed reactions from the community. While some users have criticized the launch, others have praised it. The new avatars, which are expected to be released on July 26, have been met with concerns over bot protection and interface issues. Despite the criticism, some members of the community have welcomed the new collection and hailed it as art “worth dying for”. Read more

🕹️ Crypto gaming startup Ultra has launched an esports platform with token and NFT prizes. The platform, Ultra Arena, allows individuals, brands, and organizations to create tournaments or leagues, with Ultra’s UOS tokens, NFTs, or even physical products as prizes. The platform aims to build a path for amateur video game players to rise into the pro ranks. Read more

👁️ Worldcoin, the controversial crypto project, is struggling to find new users willing to scan their iris for crypto. The project, which launched on July 24, has seen a significant drop in sign-ups since its launch. Despite initial interest, the project has faced criticism from many well-known figures in the crypto community, including Ethereum co-founder Vitalik Buterin and Twitter co-founder Jack Dorsey. Read more

🖼️ Generative art platform Highlight has launched on Ethereum. The platform allows users to create, test, and mint computer-generated art as NFTs. Highlight aims to be an accessible one-stop-shop for generative NFT art creation, and it has already raised $11 million in funding to date. Read more

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NFT Market Blues Lead To Tax-Loss Harvesting Trend

The NFT arena’s been more of a bear than a bull lately. 🐻

Dune Analytics says that prices and trading volumes are snoozing – weekly trades are lounging between 100,000 and 150,000, a snooze compared to the early 2022 frenzy of 500,000. 

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The Digital Meets The Physical at Musée d’Orsay

For the first time ever, the renowned Musée d’Orsay in Paris will showcase artworks using blockchain technology. The artist, Sébastian Devaud, aka Agoria, will feature two works minted on the Tezos blockchain February 13th to March 10. 

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