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Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm.
Pak's "The Pixel", an NFT of which sold for $1.36 million at Sotheby's. Pak's first NFT, "Cloud Monument Dark", was released on February 3, 2020 on SuperRare, an NFT marketplace. [16] In August 2020, Pak released project "X" on NiftyGateway, an "open edition" sale of NFTs with a scarcity mechanism based on time rather than volume. Thirteen NFTs ...
The concept of non-fungible digital assets that could be owned on a blockchain predated ERC-721, with projects like Colored Coins on Bitcoin in 2012. [7] In 2017, just prior to ERC-721’s publication, Larva Labs launched the CryptoPunks NFT project on Ethereum using ERC-20 (a fungible token standard).
The creator’s public key becomes a permanent part of that token’s history. That makes it possible for the original artist to receive royalties every time the NFT is sold.
The first known "NFT", Quantum, [24] was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy's wife, Jennifer. McCoy registered the video on the Namecoin blockchain and sold it to Dash for $4, during a live presentation for the Seven on Seven conferences at the New Museum in New York City.
In 2021, Immutable partnered with NRG Esports to create NFT collectibles for the "Guild of Guardians" mobile RPG, raising $3 million through the sale of founders' collectible NFTs. [5] In February 2022, Immutable announced a $100 million fund in partnership with GameStop to offer grants for NFT gaming projects. [3]
In 2021, Jones achieved a record sale with a piece of digital artwork titled The Bitcoin Angel, which earned him £2.4 million as an NFT. [1] In 2021 he worked Ice Cube to create Man vs Machine which was a mixed media body of work. [1] [2] His interest in technology led him to explore augmented reality and QR code integration in his artwork.
Hey there, it’s tech reporter Alexandra Sternlicht. On Sept. 2, the world was introduced to the Creator League, a flashy e-sports platform featuring some of the top internet stars and video game ...
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