Connect with us

NFT News

This Week’s NFT Winners

Published

on

This week the NFT collection of digital art coming under the checkered flag in 1st place is the jewel of the NFT world, dazzling with brilliance and garnishing the highest value of sales this week. The Boki collection pulls in at the top spot generating the grand total volume of ETH 3,011.68 (US$ 5,296,822.32) for the week ending June 3, 2022.

Boki is a community-focused project that centers around collaboration and connection. Their goal is to attract imaginative Dreamers and Adventurers who are passionate about learning and growing in Web3. Each Boki grants you access to Boki’s holder-only Discord channels, digital and IRL events, exclusive merchandise, and more. The floor price for this digital collection of art starts at ETH 1.54 ($2,708.49).

Boki # 7690 captivated my heart as soon as I laid eyes on it. You can have this bad boy at the unbelievably low price of ETH 1.648 ($2,986.13).

The Boki collection consists of 7,777 unique objects. The ownership is shared between about 3,800 collectors.

The absolutely elegant collection of goblintown.wtf takes the number 2 spot. Here’s a replica of one outstanding piece of artwork from their collection, goblintown #7966.

Goblintown #7966 is available for purchase right now at a price that doesn’t compare to the magnificence of this wonderfully rendered piece of digital art. This exquisite piece of creativity is currently being offered at ETH 7.3 ($13,067.22). This marveling collection of digital art generated sales for the week totaling ETH 1,896.29 ($3,335,119.00). The floor price. where you can buy in, right now, and gain entrance to their digital world of delight, is ETH 6.7 ($1,1783.69). The collection contains 10,000 unique works of digital art, disbursed between a group of owners numbering about 4600.

Coming in 3rd this week is a new breed of NFT that’s making everybody take notice, Return of Legends S2. These developers knew what they were doing when they teamed up with Christian Vieri, Alessandro Del Piero, and Gabriel Batistuta. These soccer superstars have released an interesting NFT, it’s been designed as a ‘mystery box collection.’ The NFTs will consist of licensed NFT game cards of memorable moments from the trio’s glittering careers. You can possess your very own ‘Mystery Box’ from the collection for 382 BUSD (Binance USD Stable coin $382)

Advertisement

Mystery boxes are a great way to add excitement and engagement to the world of collectibles by adding an element of surprise. With a mystery box, you never know what you’re going to get, but you can be sure that you’ll receive at least one limited edition NFT. mystery boxes are also usually offered at a lower price than buying the NFTs individually, so you’re getting a great deal while still having a chance to get something really special.

The TopGoal Mystery Box NFT collection ‘Return of Legends S2’ will include 12,000 NFT game cards and will be available exclusively on the Binance NFT marketplace. This batch of mystery boxes is known as a Special Collector’s Edition, with NFT cards that can be used in future TopGoal ecosystem utilities like GameFi and their DeFi platform. The mystery boxes will contain three quality tiers: Rare, Epic and Legendary.

Return of the Legends S2 amassed a sales volume for the week totaling 2,727,304.5 BUSD ($2,727,304.50). The floor price has been set at 38.79 BUSD $(38.79). 12,000 assets spread amongst 1,134 owners.

Taking the number 4 spot is the Bored Ape Yacht Club collection. A most desired piece from their collection, #6200 is for sale at this very moment, at ETH109.99 ($193,755.08)

The collection has 10,000 items dispersed through a network of about 6,200 owners. The floor price for this collection, which means the lowest price where a collectible from this collection can be bought is ETH 94.69($166,536.98) this week the collection managed to accomplish a majestic level of trading volume, ETH 582($1,023,598.32).

Bringing up the rear and capturing 5th place this week is Moonbirds. This stellar collection of wise owl digital art amassed a trading volume this week of ETH 458.27 ($805,986.95). The floor price for the Moonbirds collection is ETH 22.22 ($39079.65). One of the most renowned pieces of this collection Moonbirds #8719 is being offered at ETH 24.99 ($44,021.63). This collection contains 10,000 unique items distributed amongst 4,900 owners.

New to finwars? Read more about NFTs here

Advertisement

NFT News

Truth in Advertising Sends Harsh Letters to Celebrities Who Promote NFTs.

Published

on

By

Celebraties

TINA has notified 17 celebrities who promote NFTs and digital art of their legal obligation to disclose any material connection to NFT companies. Any undisclosed endorsements from NFTs that these celebrities promote through their social media accounts must be made public.

The letters referred to FTC rules on the “Use of Endorsements and Testimonials in Advertising.” Celebrities endorsing products must disclose any relationships they have with the NFT projects they are endorsing.

A-listers who received notifications included Snoop Dogg, Eva Longoria, Floyd Mayweather, Tom Brady, DJ Khaled, Gwyneth Paltrow, and others. Some of the projects mentioned in the letters include Bored Ape Yacht Club, Tom Brady’s Autograph, and World of Women.

These letters are in addition to those sent to Justin Beiber and Reese Witherspoon about two NFT projects they regularly support, InBetweeners and World of Women.
The NFT industry is thriving. We continue to see new applications for NFTs, and a recent US Government report predicted that the NFT market could reach $130 billion by 2030.

As a result, it’s no surprise that so many people are venturing into space. We see another celebrity jump on the NFT bandwagon almost every day. Many of them, however, are not adhering to the FTC’s statutory and regulatory framework, which includes a personal relationship as one of its disclosure requirements.

This means that some celebrities promoting NFTs are not disclosing their financial ties to the NFT collections they are promoting.

Furthermore, some celebrities promote NFT projects in which they have a personal stake without disclosing the speculative nature of investing in digital assets and the potential monetary losses. Many vulnerable consumers have discovered the grave financial risks associated with the hype surrounding NFTs to their detriment.

Advertisement

According to a TINA consumer alert, “NFT investment decisions should not be based solely on celebrity endorsements.” Before purchasing these risky digital assets, consumers should always conduct their own research.”
Justin Beiber was chastised for promoting NFTs.

On June 10th, Justin Beiber’s legal team received a letter stating that he has been promoting an NFT company, InBetweeners, without disclosing his connections to the company.

TINA mentions in the letter that Beiber is listed as a partner on the InBetweeners website’s about us page. They then refer the legal team to tweets from Bieber promoting the NFTs that make no mention of his relationship with the NFT company.

In response, Beiber’s legal team denied any wrongdoing but added that Justin would “update his post concerning InBetweeners in order to further underscore his widely publicized connection with the company,” according to the article.

The posts were not altered by Beiber or his team.
Many NFT buyers see these promotions and interpret them as investment advice, placing their trust in their idles. Consumers have a right to know whether or not their favorite celebrities have a financial stake in the NFT collections they promote.

Finally, all connections should be clearly and conspicuously disclosed to the public when promoting products, according to long-standing FTC law. We both agree. Transparency benefits everyone involved. Especially for celebrities who are afraid of negative publicity. It will be interesting to see how everything turns out.

Read More NFT News Here

Advertisement
Continue Reading

NFT News

This Week’s Top 5 NFT Projects

Published

on

By

NFT Project

Despite all that is going on around the globe economically,  NFT projects continue to gain more popularity and value. The amount of NFTs that have been brought to market from the onset of 2022 has doubled the number of projects created in 2021. The NFT space’s growth has been nothing short of amazing. As we engage and research this digital investment opportunity we can start to appreciate the dominance of certain collections, as they continually appear on our aggregation of Top 5 NFT projects. We’ll give you a rundown on the hottest and most prolific platforms of this week. We’ll familiarize you with the prices of pieces from these collections and allow you to view a unique item from each platform as well.

Capturing 5th place in this week’s Top 5 NFT projects is Moonbirds. Moonbirds is no stranger to the bright lights and has captured a place in the Top 5 often. This week the Moonbirds NFT project accumulated a total sales Volume of ETH 3091.98 ($5,869,196.436). There are 10,000 unique items belonging to the Moonbirds collection. Those 10,000 items are held among 6580 owners. The floor price for this stalwart collection of digital masterpieces is ETH 13.88 ($26,373.9432).

One piece from the Moonbirds collection that allows you to marvel at creativity being digitally displayed is Moonbirds #703.

Moonbirds #703

Moonbirds #703

Moonbirds #703 sold for WETH 36.69 ($69,609.3687) about three months ago. This particular piece was minted 4 months ago and is now being re offered at the bargain basement price of ETH 44.69 ($84,793.0184).

Holding down fourth place in this week’s Top 5 NFT projects is the 8liens NFT collection. For interdimensional travel, the Ethereals created 8liens. The primary goal of these missions is to seek out new information. There are no sex differences among the six recognized subspecies. Furthermore, their vibes and characteristics are distinct from one another. The distinguishable characteristics of the individual pieces belonging to this 8lian subspecies are yet to be revealed. The sale ends February 2023. There are 10,001 individually unique items in this collection. These items are held between 3,290 owners. The floor price where you can be a part of the digital universe of 8liens is ETH 0.53 ($1,007.4664). This new subspecies of the 8lian nation garnered a sales Volume of ETH 3,131 ($5702.16) this week.

Here is a sneak peek at the newest edition to the 8lian NFT project 8liens – Unrevealed.

8liens unrevealed

8liens unrevealed

This piece is available to be purchased for ETH 99 ($186,987.24).

The NFT Project holding third place in the middle of the pack is another newcomer to the Top 5, The Webaverse Genesis Pass. Your metaverse toolbox is the Webaverse Genesis Pass. You can take part in Webaverse’s collaborative MMO The Upstreet with the pass. Each pass will come with its own lore, relics, future airdrops from the Webaverse team, and the ability to claim a plot of land in The Upstreet in the near future. Webaverse Genesis Pass amassed a sales volume this week of ETH 3,246 ($6,160,388.64) the project contains 18,907 unique items. These items are held amongst 4,013 owners. The floor price for this collection is ETH 0.43 ($816.1443).

Here’s a glimpse of the Webaverse Genesis Pass. Your eyes can feast on its ingenuity and creative dynamism. Webaverse Genesis Pass #3627.

Advertisement
webaverse genesis pass 3627

webaverse genesis pass 3627

Webaverse Genesis Pass #3627 can be purchased for ETH 10 ($18,887.60).

Coming under the checkered flag in second place is the Rare Apepe YC NFT project. The Rare Apepe YC collection accumulated a sales volume this week of ETH 4,100.27 ($7,748,280.219). The collection holds 10,000 unique items. These items are held within a group of 3,079 owners. The floor price for this collection is ETH 0.86 ($1626.7244).

An unrivaled piece from the collection is Rare Apepe #6447.

rare apepe6447

rare apepe6447

Rare Apepe #6447 can be purchased for ETH 420.69 ($795,667.82). This piece last traded 12 days ago at ETH 0.175 ($331.863). The best bid for this piece at the time of this writing is WETH 2.4449 ($4,624.14).

Clinching the top spot in our Top 5 NFT projects this week is CryptoPunks. CryptoPunks succeeded in generating the highest total of sales Volume for the week ETH 4480.03 ($8,506,770.5646). The floor price for this collection was not available at the time of this writing. All the owners are holding on for dear life (HODL) in case the project exceeds all expectations and becomes priceless. There are 9,999 unique items in this collection. There are 3,566 owners in total claiming ownership to the various items belonging to this collection.

 

One piece that is a true work of digital creative genius is CryptoPunk #6642.

Cryptopunk 6642

Cryptopunk 6642

CryptoPunk # 6642 last traded two years ago at ETH 3.61 ($6865.8229).  It’s uncertain where the next trade will take place within this project , although owners that claimed unique items from this collection in its early stages may be well positioned for some hair raising trading levels. Time will give us the ultimate answer.

Continue Reading

NFT News

With The FTX Partnership, Reddit Continues Web3 Efforts.

Published

on

By

reddit

FTX made the announcement on Tuesday that it will be rolling out the tokenized Community Points program in conjunction with its global relationship with the social media network Reddit. By utilizing the FTX Pay option, FTX is functioning in the capacity of a third-party service provider.

FTX mentioned this in its statement,

“We are pleased to assist bring Reddit’s vision to reality and help communities break free of walled gardens and take responsibility of their existence online. This is a big deal for us.” We look forward to having you explore Community Points!

The initiative, which was launched in 2020 as an innovative approach to give Redditors more control, has at long last made its beta version available to the public. After the New Feature Token Avatar has been implemented, the Community Points feature will enable users to “own a piece of their community” by adding a unique token to their subreddit. Additionally, it enables users to earn incentives, produce higher-quality content, and unlock additional features, all of which can be done more easily.

The regulated cryptocurrency payment service known as FTX Pay is operated by FTX. Because FTX Pay is a partner of Reddit, its capability has been incorporated into the Reddit Vault wallet app so that users can top off their accounts if they have insufficient funds. Even though Community Points cannot be purchased, they can be given as gifts; and FTX Pay makes it possible to buy additional ETH in an easy way in order to pay the “gas fees” required by the Ethereum network in order to collect airdrops. If the app determines that the user does not have adequate funds, it will instantly prompt them to reroute to FTX so that they can purchase ETH with a credit or debit card after they have authenticated themselves.

The project is being implemented in stages, and the r/CryptoCurrency and r/FortnightBR subreddits will be the first ones to try it out. Because it is currently very much an opt-in function, other subreddit moderators who are interested in participating in the project can sign up on a waitlist to do so.

Once utilized, these Community Points, which are tokens based on the ERC-20 standard and stored on the Arbitrum Nova blockchain, are destroyed and removed from circulation. Points, in contrast to the vast majority of other tokens, cannot be purchased; rather, they must be earned through contributions such as the creation of content and the moderation of subreddits.

Advertisement

“The Internet wouldn’t be what it is today without its communities. On the other hand, in the Internet of today, they do not have control over their own destinies. Instead, they are under the authority of the huge platforms that hold the sway over everything that happens online. It is time for a different approach. The introduction of Community Points marks the beginning of an alternative path forward for online communities. Because they are stored on the blockchain, these tokens can rightfully be said to belong to the community as a whole. Your community will eventually reap the benefits of an even higher degree of authority and independence — both on and off of Reddit.

In addition, individual communities on Reddit have the ability to alter the Community Points tool in order to generate tokens with unique names, symbols, distribution rules, and purposes. Additionally, they can be utilized by subreddits for the sake of community governance and moderation, in addition to the unlocking of premium services.

Continue Reading

Trending

© Copyright 2022 | All Rights Reserved RISK DISCLAIMER There is a very high degree of risk involved in trading. Past performance is not necessarily indicative of future results. Financial Wars and all individuals affiliated with this site assume no responsibility for your trading and investment results. All the material contained herein is believed to be correct, however, Financial Wars will not be held responsible for accidental oversights, typos, or incorrect information from sources that generate fundamental and technical information. Options trading carries significant risk. Futures and futures options trading carries significant risk. Trading securities, security options, futures and/or futures options is not for every investor, and only risk capital should be used. You are responsible for understanding the risk involved with trading options. Prior to trading any securities products, please read the Characteristics and Risks of Standardized Options and the Risk Disclosure for Futures and Options. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of Financial Wars may have a position or affect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. All of our partners or affiliated companies are in no way associated with the proprietary information provided by the Financial Wars Trading Method or software. All returns are based off buy side analysis and do not include commission costs. All projections are based on current returns. The projections do not account for any possible draw down effects on performance and performance projections. Actual returns and projected returns may fluctuate over the course of the service. "VIP" or "Lifetime" designation refers to the lifetime of the product only and not to be assumed to be the lifetime of any individual. Any person who chooses to use this information as a basis for their trading assumes all the liability and risk for themselves and hereby and absolutely agrees to indemnify and hold harmless Financial Wars, its principals, agents and employees. As a Student and Chat Subscriber, we ask that you please cross check the information posted here. We ask that you challenge any information you feel is incorrect. We do not guarantee any of the information that is posted in the chat. All company names are trademarks or registered trademarks if their respective holders. Use of a mark does not imply any affiliation or endorsement by them.

Social Media Auto Publish Powered By : XYZScripts.com