Weekly NFT News
- OpenSea announced that it has started to support the Solana network as of April 7th.
- In the 57th Presidential Cycling Tour of Turkey, which will take place between 10-17 April, the championship awards will be given to the athletes in NFT format.
- The Coffin Dance Meme, which went viral in 2020, was sold as NFT for 327 ETH (approximately $1 million).
- AC Milan is launching its first NFT project in collaboration with cryptocurrency exchange BitMEX. All proceeds from the project will go to the club's charity, Fondazione Milan.
- Coinbase announced that they will produce a trilogy of animated films themed by the Bored Ape Yacht Club.
- Famous actor Jim Carrey announced that he wanted to quit acting and focus on art. In addition, Carrey stated that he will release an NFT collection of his own works and will announce the details about it on Twitter.
Collection Corner
CloneX was the guest of Collection Corner this week.
CloneX is an NFT collection created in partnership with digital shoe manufacturer RTFKT and renowned Japanese artist Takashi Murakami. This collection, consisting of 20,000 NFTs in total, is formed by cloning three extraterrestrial creatures.
Although the use of this project, which creates fashion pieces and the characters to wear them, in the Metaverse universe seems to be a big and new step for brands, Benoit Pagotto, who did not hesitate to take this step, said for CloneX, "The most ambitious project we have ever created is a new product for our brand experience and community."
You can click here to view the pieces of the CloneX collection.
Unique NFT Dictionary
Rug:
Used as an acronym for Rug Pull, it can be defined as a situation where the project team abandons the project and runs away with all the funds. In addition, it can be justifiably used in cases where the team does not provide any development or support after the sale. In short, it is the name given to the projects that aim to make a profit by victimizing their investors.
Platform Review: Rarible
Rarible is a multi-chain NFT marketplace with features such as community-driven, user-centric base quotes and NFT portfolio tracker. It also offers extra liquidity by pooling offers from other markets.
In a nutshell, Rarible is software that allows digital artists and creators to publish and sell private crypto assets that represent ownership in their digital work.
Examples of NFTs available in Rarible's marketplace include digital artworks, memes, and even virtual plots of land.
At the heart of the platform is RARI, the cryptocurrency of Rarible. By owning RARI tokens, users can vote on offers that impact the platform, moderate creators, and curate featured artworks.
Rarible's native cryptocurrency, RARI, plays an important role in maintaining and operating its platform. Specifically, by owning RARI, users gain the ability to submit and vote on proposals to change their rules.
This includes voting on potential fee changes, how those fees are spent, and governance rules such as creator promotion.
You can click here to learn more about Rarible.
NFT Marketplaces Weekly Volumes
Source: DappRadar
Top Collections of the Week
Source: DappRadar
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