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5 NFTs that have gained a huge amount of value in the past year

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Source: Interesting Engineering

One of the defining characteristics of NFTs is their remarkable volatility.

Yet, whether they truly have value remains a highly speculative matter as the NFT space continues to mature.

In the second part of our two-part series, we’ll look at 5 NFT collections that have seen a substantial increase in floor price between April 2022 and October 2023. 

There has been a lot of talk lately about the “death” of NFTs. In part 1 of this two-part series, we took a look at some of the NFTs that have seen the biggest decrease in floor price over the past year. One report looking at more than 73,000 NFT collections found that the vast majority had a market cap of 0 ETH. Despite this, many institutions argue that NFTs are not dead, they have simply seen the market mature, or that many sellers are waiting for another boom.

Read more: https://interestingengineering.com/culture/5-nfts-that-have-gained-a-huge-amount-of-value-in-the-past-year

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XCOPY: THE DEFINITIVE NFT ARTIST SHAPING DIGITAL CULTURE

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Source: NFT CULTURE

XCOPY is not merely a participant in the realm of digital and NFT art; he is a provocateur, a visionary, and arguably the most influential NFT artist to date. His profound impact stretches across artistic, technological, and cultural domains, making this comprehensive overview essential for understanding the breadth of his contributions to contemporary art and digital culture.

CULTURAL VANGUARD: XCOPY’S EARLY ADOPTION AND ITS IMPACT

XCOPY’s early forays into digital art were not just pioneering; they were prophetic. His engagement with digital media and NFTs from their nascent stages positioned him as a key influencer in shaping what the medium would become. By adopting and advocating for NFTs early on, XCOPY helped propel the technology into the spotlight, demonstrating its potential to revolutionize the art world. His early pieces, often reflecting themes of dystopia, techno-anxiety, and existential dread, resonated with a growing audience that found in his art a mirror to the digital age’s complexities.

Read more: https://www.nftculture.com/nft-news/xcopy-the-definitive-nft-artist-shaping-digital-culture/

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Welcoming Art Blocks to our NFT marketplace!

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Source: KRAKEN blog

Art Blocks is perhaps most well known for the Chromie Squiggle by Snowfro collection, project #0. A 10,000-piece collection created in October 2020, it has generated over 75,000 ETH ($171M USD) in trading volume.

Some other well known Art Blocks collections include Fidenza by Tyler HobbsRingers by Dmitri CherniakMeridian by Matt DesLauriers and Anticyclone by William Mapan.

Art Blocks’ three main categories

1. Curated Collections
These collections are carefully selected by the Art Blocks team for their innovation, artistic integrity and contribution to the field of generative art. The Curated Collection is a showcase for what is possible in the realm of algorithmic art, highlighting premier artists and groundbreaking projects.

Read more: https://blog.kraken.com/product/nft/welcoming-art-blocks

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Thought NFTs were dead? A piece of pixelated art just sold for $16 million.

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Source: Yahoo Finance
  • Someone bought a CryptoPunk NFT for 4,500 ETH, or about $16 million.
  • It’s the second-most expensive CryptoPunk NFT sale ever by dollar amount.
  • The buyer outbid another offer for 4,250 ETH, or about $14.5 million.

Remember NFTs? Someone just bought one for roughly $16 million.

A bidder paid 4,500 ether for CryptoPunk #3100, one of the series’ nine “Alien Punks” non-fungible tokens. On Monday, the price of ether hovered at about $3,556 per token, which makes the March 4 sale the second-most expensive CryptoPunk sale.

Read More: https://uk.finance.yahoo.com/news/thought-nfts-were-dead-piece-033541918.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMAZTyNgW6ENBN6ZQeciu4lTwKGOEPkE5uWwaW2FOkiDIh7eYT33hYfpTTaJSiLBTK7ge84tUXGsRiY7sTgtjhcoTZgn7D4XEoVdK0_3hESec6lJ1m3XTS3DeOqq9ZhPvOTX-l7_3f0wFiZwPegTWX4Ig4h5Yd7YpB5H5RPfAb7V

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