The NFT officially took over the mainstream last year. That’s not news. However, the natural development of the trend has led the market to a new stage of acceptance (active participation). One could argue that the cliché “everyone can give something to the world” is true, but the question of whether this should be issued as an NFT remains unanswered.
In January, Jay Chou, Asia’s Pop King, launched his NFT Collection in collaboration with Ezek. According to DappRadar, this collection of 10,000 NFTs, dubbed “PhantaBear,” sold out in less than 40 minutes, and games like Mutant Ape Yacht Club (MAYC) and Doodles were pushed off the weekly charts. This NFT series has reached the top of the global sales charts for the first time in a very short amount of time.
Since the release, the total collection value has grown to over 54 million dollars. A digital collectible from the Phantom Bear can double as a membership card for the Ezek Club in a package.
Pulitzer Prize winners
Pulitzer prize winners are news, while the Associated Press unveiled an NFT marketplace by Xooa. The news agency is a winner of Pulitzer Prize-winning photojournalism and featured AP images in the debut collection of the site. According to Dwayne Desaulniers, AP director of blockchain and data licensing, “They have been capturing the world’s biggest stories for over 175 years. They still resonate today. We can offer these works using Xooa to a growing international audience of photography NFT collectors.”
The first collection will include nonfiction books that feature space, climate, and war and will be released over weeks starting January 31. Each NFT will give a collector more information about shot dates, locations, gear, and technical settings that used to happen. According to a news agency, the NFT is of different price. The marketplace will support secondary transactions and purchases using credit card payments and crypto wallets, including MetaMask. Additionally, support for Fortmatic indicated that they would mint the NFT on the Polygon Blockchain as a sustainable, Ethereum compatible Layer 2 solution.
US Congress candidates
A list of US Congress candidates is Shrina Kurani, a Democrat running for a House seat in California. A Republican in the SolSea NFT team developed this to make it possible by building an energy-efficient chain that encourages innovation in web 3.
NFL players and the former first lady
While American Football players are coming up with new fun ways to keep their fanbase engaged with dynamic NFTs, it is Melania for those who did not notice. The first lady sold a digital painting of her eyes, Melanie’s Vision, last month. Starter Bid One is for Solana. However, only recently, Ms. Trump decided to step up her game and released a new picture of herself dressed in white for a starting bid of only 1.800 Solana. That would be about $245,556 for 1.800 Solana.
This new NFT is from Melania’s Head of State Collection commemorating the Trump Administration’s first official state visit. It features three unique pieces.
What happened?
We would look at culture and identity but not see the finer things. There are meanings to all things. Any value that is stored affects creation and transformation. NFTs unravel like a special thread in the weave. Ideal for wrapping more than one aspect of an individual’s complex identity at the very least. NFT’s are poised to be an unsurpassed appeal without any added cost. As the term utility gets replaced by ‘practicality,’ minting NFTs is important for money and building wealth.
