From Forgotten Wallets to Fame: The CryptoPunk Saga
There’s a bit of nostalgia in finding a dusty old wallet. But imagine if that dusty old wallet could buy you a few islands! An old wallet from 2017 tucked away 141 CryptoPunks for a mere 0.02 ETH each (about $7 back then). Fast forward and it’s now worth an eye-watering 11,300 ETH, roughly $14.7 million! Talk about a superhero origin story for forgotten funds. The Internet’s sleuths are buzzing, speculating if the owner just might’ve lost the seed phrase, leaving the wallet eerily inactive yet alluring.
NFTs in Real Estate: Home Sweet (Virtual) Home
If you think NFTs are just pixelated art, think again! Entire houses are being sold as NFTs. A South Carolina property hit the virtual market on OpenSea, selling for a cool $175,000 in USDC. The NFT boom is expanding like elastic pants at Thanksgiving. Geoffrey Thompson of Roofstock assures us it’s to make transactions smoother and processes simpler. Who knew home buying would go from ‘lottery’ to ‘NFT-tery’!
Street Machine: Revving Up the NFT Scene
Hop onto your virtual motorbike and cruise into the world of Street Machine. With a cyberpunk anime vibe, this NFT project zoomed onto the scene, driving its floor price from 0.04 ETH to 0.473 ETH faster than you can say “crypto collecta-bull.” These story character NFTs are aiming to ride the waves of success like their famous cousin, the Bored Ape Yacht Club. The collection, designed by SpenzerG, brings anime and sci-fi enthusiasts together to explore new realms.
Decentraland’s Rock-in’ Metaverse Music Fest
Virtual music festival, anyone? Decentraland is gearing up for its second annual Metaverse womp-fest, headlined by none other than Ozzy Osbourne! Add DJ Dillon Francis and Soulja Boy to the mix, and you got yourself a festival without the mud and overpriced water bottles. With the previous year’s event pulling 50,000 virtual party-goers, you better pencil it into your VR calendar.
Nifty News: Shifts and Shakes in the NFT Universe
Anime fans, rejoice! Azuki’s Physical Backed Token (PBT) links physical items to Ethereum like peanut butter to jelly. Plus, Magic Eden is shaking up how royalties are handled. While buyers enjoy choosing royalty amounts, creators are left wondering if they’ll see those sweet, sweet royalties.