Browsing Tag

nft

11 posts

Takashi Murakami releases new NFTs a week after apologizing to his previous NFT investors for crashing prices

  • Famed Japanese artist Takashi Murakami released his newest collection of NFTS called “Lucky Cat Coin Bank” on June 14 despite apologizing to his crypto investors earlier this month for “stagnant” prices.
  • The newest drop features pixelated versions of the iconic Japanese Maneki-neko — meaning “beckoning cat” — figurine, which is supposed to bring good luck to its owner.
  • While its current floor price of 0.74 ETH (approximately $1,111) sounds impressive, Murakami was receiving bids upwards of $260,000 for his designs just over a year ago.
  • The following months marked a manic global demand for NFTs; however, the artist withdrew his work during this time to perfect his designs.
  • Murakami launched his Murakami.Flowers collection in March after spending the year revising; however, its release coincided with the crypto crash, causing his prices to plummet.

Famed Japanese artist Takashi Murakami released his newest collection of NFTS called “Lucky Cat Coin Bank” on Tuesday despite apologizing to his crypto investors earlier this month for “stagnant” prices. 

The newest drop features pixelated versions of the iconic Japanese maneki-neko — meaning “beckoning cat” — figurine, which is supposed to bring good luck to its owner. 

Drue Kataoka and SuperRare partner to launch the first-ever Asian American artist NFT exhibit

SuperRare and Drue Kataoka Studios have partnered to bring together the first-ever Asian American artist-focused NFT exhibition called “#TheGoldStandard” for APAHM.

Artist Drue Kataoka curated nine works from notable Asian American artists who range from rising newcomers in the NFT space, scientists and researchers advancing crypto technology, special effects veterans in the entertainment industry and Silicon Valley art entrepreneurs.

Chinese student loses NFT worth $548,000 after clicking on a scam link

nft
  • A fourth-year student at Shanghai’s Tongji University posted on Discord that he had lost a valuable NFT from the Doodles collective that was worth half of his NFT assets to a phishing scam.
  • The NFT that belonged to Niq Chen is worth around $548,000, based on the $1.1 million paid by collector Pranksy for a different Doodles NFT.
  • OpenSea, a NFT marketplace, had 17 users fall victim to phishing scams that stole around $1.7 million total in NFTs.
  • Upon request, OpenSea froze the stolen NFT, and Chen is hoping to work out a deal with the buyer in order to retrieve his assets.

A senior at Shanghai’s Tongji University, Niq Chen, had a valuable NFT worth about $548,000 stolen after falling for a phishing scam.

According to South China Morning Post, Chen went “all in” buying non-fungible tokens (NFT) before recently losing about half of his assets to a phishing scam. The stolen NFT was bought from the Doodles collective NFT project and was worth $548,000. 

Chinese crypto influencer makes over $5 million in 10 days selling her photos as NFTs

NFT IreneDAO
  • Chinese influencer Yuqing Irene Zhao successfully launched an NFT collection with the slogan: “SIMP: Simplicity, Integrity, Meaning, and Purpose.”
  • The collection features images of the crypto influencer in different poses with slang used in the crypto community, such as “gm,” “wen Binance” and “yes ser.”
  • The influencer’s collection follows in the footsteps of “Ghozali Everyday,” an NFT collection that made Indonesian college student Sultan Gustaf Al Ghozali a millionaire.
  • Zhao is also creating a platform that will allow other influencers to create their own NFTs.

A Chinese influencer’s non-fungible token (NFT) project has reached a trading volume of 2,300 ether (around $5.5 million) less than two weeks after its launch.

Singapore-based Yuqing Irene Zhao, 28, created the IreneDAO collection based on a sticker pack she made for her Telegram community, reported Cointelegraph

Indonesian college student becomes millionaire after putting his selfies up for sale as NFTs as a joke

  • Indonesian college student Sultan Gustaf Al Ghozali, 22, earned over $1 million by selling his selfies as NFTs.
  • Ghozali took daily photos of himself in front of his computer over the last five years for a timelapse video he was planning for his graduation. 
  • He  uploaded these photos to an NFT trading platform last month and started to attract buyers after a celebrity chef purchased some of his NFTs and promoted them online.

A computer science student in Indonesia became a millionaire after selling his selfies on a non-fungible token (NFT) marketplace.

Sultan Gustaf Al Ghozali, 22, sold NFTs of his hundreds of images under the title “Ghozali Everyday” on NFT trading platform OpenSea, reported AFP.

Artist Drue Kataoka is on a crusade against the ‘racist and sexist’ NFT space

Japanese American artist Drue Kataoka

In an interview with NextShark, Japanese American artist Drue Kataoka discusses her newest project, which aims to raise money for racial justice and fundamentally challenge the future of Non-Fungible Tokens (NFTs). 

The images Kataoka shares range from unpleasant to disturbing. She lists them with ease: “‘Japanese crap girl’ or ‘fat nerdy chinese kid and his imaginary friend’ caricaturing the Asian male as weird and socially awkward — a stereotype that, alas, has been reinforced for decades by Hollywood.  The African American community has also been a major target of [American graphic artist Michael Joseph Winkelmann’s (known online as Beeple)] over the years with drawings with titles such as: ‘It’s Fun to Draw Black People,’ ‘Black Dude’ and ‘Robot Girl discovers 20th century black dildos (and then it’s on like donkey kong).’ I’ve lost count of the degrading ‘pussy’ images.”

A company that pays people in NFTs to play video games in Asia secures $2 million in funding

gaming

Web3 gaming guild Polemos recently secured $2 million in funding from multiple investors for its upcoming play-to-earn (P2E) blockchain game “Illuvium.”

About the game: Created on the Ethereum blockchain, “Illuvium” is an open-world RPG adventure game that lets players accumulate tradable non-fungible tokens (NFTs) in the form of in-game digital characters known as Illuvials. For more on online gaming, visit this site.

Artist Drue Kataoka Auctions NFT Art to Raise Funds to Fight Asian Hate

Artist and activist Drue Kataoka is auctioning her first non-fungible token (NFT) “In the Club: #StopAsianHate” to support Asian American and Pacific Islanders (AAPI) community causes.

About the auction: Kataoka, who recently became the face of audio-only social media app Clubhouse, will run the sale for 24 hours through the art marketplace, Nifty Gateway, starting on May 13 at 1:30 p.m. ET, CNN reports.