According to DappRadar, the NFT market exploded in 2021, with nearly $10.7 billion in trading volume in Q3 and an estimated $22 billion year-to-date as of earlier this month.
OpenSea, the world’s largest NFT marketplace, has seen increased activity in December. According to Dune Analytics, the platform has logged nearly $2.9 billion in NFT trading volume this month at the time of this post.
Following similar results in August and September, it is on track to break the $3 billion monthly mark for the third time. The timing couldn’t be better as OpenSea is considering an IPO.
The OGs Knows NFTs
In recent months, celebrities such as comedian Jimmy Fallon, OG rapper Snoop Dogg, and Post Malone have purchased the original Bored Apes, while producer Timbaland and Universal Music Group are pursuing separate metaverse virtual band projects using Bored Ape avatars.
Without hesitation they all jumped in! As each one emerged from the river they were shocked to see they’d all been mutated to Toxic Skulls. This river was not the river of life but a toxic one! The Toxic Skulls formed a Club to set out and conquer the world in their new toxified self! When you buy a Toxic Skull, you’re not simply buying a rare piece of art.
The Toxic Skulls are stored as ERC-721 tokens on the Ethereum blockchain and hosted on IPFS.
Toxic ape nft
Toxic Skulls Club was founded by the owner of Mutant Ape Yacht Club #3610 and an artist who has collaborated with Disney, Adidas, Under Armour, Uber, Columbia Sportswear, Ridgid, MLB, lululemon, and other companies. Javon “Wanna” Walton, a partner on HBO’s hit show Euphoria, has joined the TSC team.
This river flowed in bright pastel colors that set these skeletons in a trance.
And no NFT has dominated the news and the market like the Bored Ape Yacht Club.
NFTs, which function similarly to virtual signatures, prove the authenticity of an artwork because the blockchain serves as incorruptible proof of ownership, which means that “original” artworks and their owners can always be identified via the blockchain, even if an image or video can be widely replicated.
However, simply right-clicking on an image and using it as yours is now quickly discoverable and those who do so, especially on social media will incur the wrath of the community and possible banishment.
To paraphrase Nike: Just Don’t Do It.
NFTs can also provide scarcity, which has resulted in a boom in the digital art market. Apparently, serum used to mutate apes is scarce.
연전연패에 빠진 민팅..
Toxic APE 민팅, 오늘도 어김없이 실패했네요
1차, 2차, 3차 모조리 실패했습니다 ㅎㄷㄷ
와.. 도대체 성공하신 분들은 어케하시는 겁니까?
1차 메콩홀더 민팅도 실패..
클레이스왑 블록높이 딱 맞춰서 민팅-트랜잭션 버튼 눌렀는데.. 6정도 밀렸습니다
블록넘버 83496150까지는 성공했다는거 같은데, 저는 151이네요..까비 ㅠ
2차 퍼블릭세일도 실패..
이건 경쟁이 치열할 것 같아서
블록높이 13개 전에 눌렀는데…
NFT is a digital asset and people who invest in it have rights that can be protected.”
The claimant, a Singapore citizen who is an active dealer in crypto and digital assets according to the case filing, is a frequent borrower on NFTfi, a platform that allows people to use NFTs as collateral for crypto loans. The defendant, whose username is chefpierre.eth but whose identity and physical location are unknown according to the filing, is a frequent lender on the platform.
The particular BAYC NFT, No 2162, is “one of the Claimant’s most treasured possessions, and is irreplaceable to him,” according to the filing, which said he had “no intentions to ever part with or sell it.” However, he used the NFT as collateral to borrow crypto because “due to its rarity and high value” he could get larger loans, the filing said.
This represents a nearly 500% increase over the previous seven-day period.
The average sale price of a Mutant Ape NFT has risen from around 8 ETH (over $32,000) on December 21 to around 12.3 ETH (about $50,250) yesterday. The project’s price floor—or the cost of the cheapest-available NFT—has risen by nearly 40% in the last seven days, to 9.9 ETH at the time of this post.
What Is The Mutant Ape Yacht Club?
The Mutant Ape Yacht Club is an Ethereum NFT project with a total of 20,000 avatar images.
An NFT functions as a digital deed of ownership, demonstrating the uniqueness and scarcity of items such as digital artwork, profile pictures, video clips, and more.
In August, Yuga Labs sold 10,000 Mutant Ape Yacht Club NFTs, generating $96 million in ETH in just one hour.
Bored Ape Yacht Club, the spin-off Mutant Ape Yacht Club collection is catching fire and driving some insane prices-even by BAYC standards.
$3.6M For a Digital Image of a Toxic Waste Barrel
Over the last week, the Ethereum-based NFT project has seen a nearly 500 percent increase in trading volume, with a single Mega Mutant Serum NFT selling for $3.6 million in ETH.
Let that number sink in for a moment. A former tech lead at the Ethereum foundation paid nearly $4 million real dollars for a digital image of a toxic waste barrel in order to mutate a cartoon ape that he previously bought.
The Secondary Market is Booming
According to data from NFT analytics site CryptoSlam, secondary market trading volume for the Mutant Ape Yacht Club has surpassed $70.9 million in recent days, making it the most popular tracked project during that time period.
Ape nonfungible token (NFT), in one of the first cases of its kind that could have broad ramifications for digital assets
The NFT, from the famed Bored Ape Yacht Club series, should not be sold pending the resolution of an ownership dispute after it was foreclosed on as collateral for a loan, a court said. The law does recognise both fungible and non-fungible tokens as a form of property to which court injunctions can attach, and the NFT case is a consistent application of that same principle, according to Hagen Rooke, a partner at law firm Reed Smith LLP in Singapore, who wasn’t involved in the case.
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“It is the first decision in a commercial dispute where NFTs are recognized as valuable property worth protecting,” said Shaun Leong, lead counsel for the case and equity partner of Withersworldwide.
The claimant in mid-April asked for a refinancing of a loan for which the NFT in question was being used as collateral, but after some back-and-forth, chefpierre gave a short time frame in which the loan could be repaid. After the claimant was unable to pay, chefpierre foreclosed on the NFT, according to the filing.
The claimant is alleging “unjust enrichment” in the case.
“Having courts acknowledge a person’s potential ownership rights in a NFT is a positive for the industry,” said Chris Holland, a partner at Singapore advisory firm Holland & Marie, who was not involved in the case. “It’s also a reminder to NFT buyers to be vigilant about the rights and control they give to third parties over an NFT. For example, it appears that the borrower does not know the ‘in real life’ identity of the lender.
The Down Low:
- Mutant Ape Yacht Club NFT prices are rocketing, with trading volume increasing nearly 500% in the last week
- The collection was released in August, and existing Bored Ape NFT owners are using serum to mint one Mutant Ape for free
- Celebrity and pro athlete adoption continues to drive prices skyward
2021: The Year of the NFT Ape
In reading the headline of this article I wouldn’t blame someone for doing a slack-jawed double take. A year ago NFT was a meaningless acronym. Now it is the word of the year according to Collins Dictionary, beating out cryptocurrency.
We now know that an NFT is a unique digital certificate, registered on a blockchain, that is used to record ownership of an asset such as an artwork or a collectible, as defined by Collins in a recent post.
A year ago, we had no clue.
(두개 합쳐서 저 언니야가 나온다니..ㄷㄷ)
서큐버스 디자인은 아즈키 그림체로.
해외시장으로의 마이그레이션도 염두하고 있어서
해외유저들에게 통할 그림체를 사용했다고 하네요.
해외 홀더들에게 어필이 많이 되었으면 좋겠습니다.
6/10 브리딩 예정 입니다! 설레인다!
그리고 미스테리 박스는 2번 더 남았습니다.
과연 무엇이 올까요?
이번 AMA때 많은 사람들이 관심있어했던 톡시토큰에 관한 내용 입니다.
이름은 [TOX 코인] 으로 결정 되었습니다.
5/15 클레이스왑 등재할 예정이고 16일부터 채굴됩니다.
5/20일에 기존 홀더들에게 사전채굴 진행분이 에어드랍 됩니다.
톡스 코인 채굴 조건
해당 NFT 를 보유하고 있어야 하며 토큰 채굴양은 가로안에 숫자보시면 됩니다.
▶toxic ape 톡식 (2)
▶foolkat 미어캣 (0.4)
▶succubus toxic ape 서큐버스 (1)
▶toxic ape special 스페셜 (3)
TOXIC APE 공식홈페이지 접속 후 ‘채굴’ 페이지로 이동해야 합니다.
자동채굴과는 다르게 유저가 사이트로 들어가야 하고 채굴을 하지 않으면 토큰이 소각된다고 합니다.
일주일마다 ‘곡괭이’가 고장나며 제네시스외 나머지 NFT들은 수리비가 필요.
수리비로는 TOX코인을 사용 합니다.
180일마다 3%씩 발행량이 감소하는 디플레이션 모델로, 총 3600일 동안 발행됩니다.