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Monkey jizz nft

Except that every single thing FFTF do seems to have a blockchain grift bolted on. I mean, it’s quite possible they’ve done things that didn’t have a blockchain grift bolted on, and I just failed to notice those rare examples.

In Twitter discussion, FFTF principals have repeatedly refused to disclose their crypto asset holdings — even as they promote cryptocurrency unceasingly. At this stage, they should definitely be called Fight For Our Hodling.

Today’s egregious example is when game developer Valve banned NFTs and blockchain scam games from the Steam marketplace in early October — “Applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs”. FFTF joined a pile of NFT developers in writing a letter of protest to Valve over this obviously good and sensible move.


Jury finds crypto asset not a security!” This is a ruling in the last dregs of an investor action against Josh Garza’s GAW Miners cloud-mining scam from 2014 and 2015, before Garza went to jail. GAW sold “hashlets,” that would represent a portion of the company’s alleged mining power. The jury found that the investors had sufficient control of the hashlets that they didn’t count as passive investments, and thus weren’t a pure investment contract.
[Law360]

The claims that “crypto isn’t just used for money laundering” and “crypto is becoming economically significant to Miami” are somewhat in tension

— Robinson Meyer (@yayitsrob) September 28, 2021

Monkey laundering

Fight For the Future puts itself forward as a civil liberties organisation concerned with the Internet, in the manner of the EFF or the Open Rights Group.

Launched on the Solana network on November 27, 2021, and traded on MagicEden.io, Monkey Kingdom is by far the most popular Asian NFT collection with a total trade volume of 90,000 SOL.

The highest transacted price of a Monkey Kingdom NFT was achieved at 660 SOL(USD$148,000), a record sale in December 2021.

Monkey Kingdom has already garnered the support of prominent celebrities, including Steve Aoki, Edison Chen, JJ Lin, Eric Chou, Sunny Wang, Ian Chan (from Hong Kong-based boyband Mirror) and Verbal (founder of prominent fashion brand AMBUSH). The project’s mission is to foster a sense of inclusivity within the NFT community while amplifying Asian voices and experiences worldwide within the web 3.0 ecosystem.

Investors in a cryptocurrency called Monkey Jizz are posting on social media that they’ve been scammed by the project’s developer after a token sale.

Monkey Jizz’s scam was a rug pull, in which a project attracts investors, promises to release a bunch of products, and then suddenly makes off with investor funds while crashing the value of the underlying token. According to screenshots shared on social media on Sunday, Monkey Jizz’s rug pull also had the added step of introducing a 94.9 percent sell fee for any holders of $MJIZZ, disincentivizing any panic selling that might diminish the rug pull’s profitability.

“Are you ready to enter the jungle,” the honeypot’s website, monkeyjizz.life, and its Twitter account read before going offline.

HONG KONG, March 25, 2022 /PRNewswire/ — One of Asia’s most successful NFT projects, Monkey Kingdom, has announced its latest collection, “Monkey Legends”, which will be auctioned by the esteemed Phillips auction house this week. Monkey Legends is a NFT collection of 10,000 3D avatars featuring traits and powers based on Sun Wukong, the legendary mythical figure from traditional folklore. Three of the pieces from the collection will be on offer as part of Phillips Intersect series taking place online March 24-31, 2022.

Designed to be Metaverse ready, MONKEY LEGENDS will feature fully customizable avatars that have the ability to wear branded outfits and other NFT accessories.

Rosenthal has worked out numbers on crypto’s carbon footprint that include attempts to estimate the carbon load of manufacturing the mining rigs — which may be more than the carbon from the fossil-fuel-based electricity they use. [blog post]

Sweden suggests banning proof-of-work crypto mining in the EU entirely. Erik Thedéen, Director General at the Swedish Financial Supervisory Authority, and Björn Risinger, Director General at the Swedish Environmental Protection Agency, are backing this plan. [Finansinspektionen, in English]

When the Bitcoin miners were kicked out of China, one of the places they went was Kazakhstan. Now Kazakhstan has an 8% spike in electricity consumption, and is having to buy power in from Russia; officials blame the crypto miners.

[Eurasianet]

Brian Brooks left the Office of the Comptroller of the Currency to become CEO of Binance US.

NFT trading.

If you like reading, we’ll go through what it is prior to we look into its fees and what it has to offer.

Before you continue, you may want to check out this video by The Social Guide on YouTube that gives a quick review. Afterward, you’ll want to read the rest of the article for a more comprehensive review.

What is OpenSea? Monkey Nft

OpenSea provides a platform that deals in non-fungible tokens, also known as NFTs. Through their open and decentralized marketplace, you can purchase, sell NFTs, and trade them with other users.

The NFTs available are not only limited to art, music game items, domain names.

It was founded in 2018 with the help of Devin Finzer and Alex Atallah Two programmers who got started with the introduction of the first generation of digital collectibles.

The Block]

Some of the North American miners are publicly traded companies, and do in fact raise money by using the claimed value of their bitcoins as collateral — e.g., in this now-deleted September 2021 presentation by Bitfarms (spotted by Patrick McKenzie). [Bitfarms, PDF,archive]

This is either a bet on BTC continuing to go up — or the plan is to default on the loans when the crypto bubble pops. Either of these is a more circuitous version of the market being too thin for the miners to sell the coins.

Bitfarms is also yet another example of displacement, the reason Bitcoin does not promote green energy — Bitfarms uses cheap Canadian hydropower, which would otherwise be exported to the US.

Bitfarms is trying to expand into Argentina. Locals are not so happy about this. [Buenos Aires Times]

David S.
H.

This ETF tracks the Bitcoin futures on CME — possibly the only safe way to short Bitcoin, though CME’s product is only available to accredited investors. I guess the SEC figured that if the CME Bitcoin futures were fine with the CFTC, well, fine. [SEC filing]

Wyoming blockchain company American CryptoFed DAO filed with the SEC in September to become a public company, and register its Locke and Ducat tokens as securities! The SEC was so unimpressed, they got a court order to stop this. You really don’t want to get an SEC order that says “materially misleading” as often as this one does.

American CryptoFed said they were registering the Locke and Ducat tokens as securities, then filed a form saying the tokens weren’t securities.

Gifs can be collected as well, images, or even small video clip clips.

Trading Cards

There is also the possibility of collecting digital trading cards like those of Sorare or BCCG.

Sports

Sports-related digital items are also available, such as animated logos of teams.

Virtual Worlds

VR environments and components can now also be bought. You can buy these metaverses or other things like game elements and the VR environment virtual objects, characters, and even virtual land. One popular example is Axie Infinity.

Utility

As far-fetched as it sounds it is possible to purchase NFTs that have specific capabilities.
Examples come from Emblem Finance and Urbit ID.

Domain Names

Websites can now also be considered to be NFT.

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