Romania Takes the Leap into Web3
In a move that has us all buzzing like caffeinated bees, Romania is gearing up to launch a national NFT platform! The National Institute for Research and Development in Informatics, affectionately known as ICI Bucharest, is set to steer the ship of Web3 adoption.
Paul Niculescu-Mizil Gheorghe, the blockchain lab guru at ICI, says NFTs are not just trendy digital tokens but rather mighty tools capable of creating unique and scarce assets. He emphasizes that the potential applications are virtually endless, and we can’t help but wonder if they’ll start turning our old college essays into NFTs!
Sotheby’s Auctions Three Arrows Capital’s NFT Collection
Art and crypto collide as Sotheby’s prepares to auction off some NFTs linked to the infamous collapsed hedge fund, Three Arrows Capital (3AC). Starting off with a bang, the auction will feature seven exceptional NFTs described by Sotheby’s Michael Bouhanna as none other than “the highest quality and rarest works.”
- A vintage zombie CryptoPunk
- An Autoglyph (whatever that is, but it sounds fancy)
- “The Golden Goose,” an NFT garnered for gasp-inducing $5.8 million in Ether (ETH)
These pieces had a wild ride; one can only hope they come with a “no refunds” policy!
Gaming and Tokenization at NFT.NYC
During the spirited 2023 NFT.NYC conference, industry wizards congregated to discuss how NFT-driven games are shaping the future of this digital universe.
Immutable’s co-founder, Alex Connolly, noted an intriguing trend: increased competition is sparking innovation in Web3 gaming. Developers are racing against the clock to address crucial issues like “interoperability.” That’s tech-talk for making sure that gaming characters don’t just meet in one universe and completely crash another!
Trump’s NFTs Fly Off the Virtual Shelves
In curious news, a second round of NFTs featuring none other than Donald Trump’s image sold out in less time than it takes to say, “You’re fired!”
Released on April 19, this quirky collection racked up over $4.6 million in sales with 47,000 NFTs priced at $99 each. Interestingly, while everyone knows Trump is the face behind these tokens, the collection isn’t owned by him or any fancy organization but rather licensed under a paid gig. Talk about infantilized fanfare!
Nifty News: Court Wins and New Releases
This week also brought some exciting news from the realm of Nifty. Yuga Labs is feeling victorious after scoring a legal win against the creator of the wannabe Bored Ape Yacht Club. Meanwhile, the Mandala Metaverse is making waves with its upcoming NFT drop on Polkadot, offering players avatars that will double as playable characters. It’s like instant gratification with a side of gaming!
