Year created: 2021.
In May 2007, digital artist Beeple (Mike Winkelmann) began producing a piece of digital art every day. “Everydays: the First 5000 Days” is a collage of the first 5,000 daily pieces from Beeple. Auctioned at Christie’s, “Everydays: the First 5000 Days” was the first NFT sold at a major auction house.
“HUMAN ONE,” $29 million
— Artist: Beeple. Year created: 2021.
Beeple partnered again with Christie’s to auction “HUMAN ONE,” a “kinetic video sculpture” housed in four video screens that display an astronaut walking through shifting landscapes.
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HUMAN ONE” can be updated by Beeple at any time, a unique twist given that art, even in the digital space, is traditionally static.
“CryptoPunk 7523,” $11.8 million
— Artist: Larva Labs. Year created: 2017.
Auctioned through Sotheby’s, “CryptoPunk 7523,” also known as “Covid Alien,” is a 24×24 pixel portrait of a blue alien with a gold earring, beanie, and medical mask.
It is one of nine Alien Cryptopunks, each following the same 8-bit style and featuring different accessories.
“CryptoPunk 3100,” $7.7 million
— Artist: Larva Labs. Year created: 2017.
Another of the nine Alien Cryptopunks, “CryptoPunk 3100” sports a simple headband with single horizontal blue and white stripes.
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Every $1 bill has the same value, so exchanging one bill with another bill that has a different serial number will in no way reduce the value of the $1 bill.
The reverse is the case with NFTs. Each token is unique and is not always worth the same amount as other similar tokens.
Why Do NFTs Have Value?
The primary reason for NFT value is that each token is unique and cannot be interchanged.
NFTs are also valuable because they help verify the authenticity and ownership of a non-fungible asset.
Even though these digital assets may be duplicated, the original is unique and irreplaceable.
Plainly put, the value of NFTs is tied to the non-fungibility of the tokens.
Unlike fungible tokens, NFTs cannot be broken down into smaller units. Fungible tokens such as bitcoin are divisible into smaller units.
Selling the 9,669 tokens at around $400 a pop, the Trollz group stood to make around $4 million.
However, according to buyers that spoke to Rolling Stone, there were no royalties, no game, and little contact from the organizers. In fact, just days after beginning the event, they stopped minting new NFTs, well short of the previously stated goal of 9,669 tokens, claiming that the launch had been hijacked by hackers.
The organizers themselves stopped responding to contact from Rolling Stone and the rapper himself, perhaps in an effort to distance himself from the debacle — which it was never clear he was ever actually part of — changed his profile picture on Instagram from his usual cartoon avatar to a plain photo of himself.
“There were KGB-type things going on,” one of the jilted users told Rolling Stone. “We’re sitting there waiting for answers.
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The Apes aren’t the only items fetching high prices — a vial of serum is going for an average of $78,800.
The most expensive serum so far recently sold for $5.8 million.
CLONE X – X TAKASHI MURA
— Market capitalization: $801.87 million
CLONE X – X TAKASHI MURA is a collection of 20,000 3D NFT avatars with randomly generated features, designed by RTKFT Studios and Takashi Murakami.
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Saliva is dripping out of the corners of a serpentine-tongued man’s mouth, which hangs open in a toothy smile. His eyes lack proper pupils; instead, rainbow dollar signs glow in their place as his fingers wrap around the handle of a bloody chainsaw.
It sounds ridiculous — but, for some, images like this one were the start of a real-life nightmare.
Just ask Jacob, who requested Rolling Stone withhold his last name for privacy reasons. When the 26-year-old Londoner heard that infamous rapper Tekashi 6ix9ine had gotten into the NFT game, he says he went all in on these creepy cartoons, spending around $40,000.
“It turned out to be a huge scam,” he tells Rolling Stone.
Jacob is a crypto enthusiast and investor who’s been studying blockchain tech since 2017. In late October, social media posts about the 6ix9ine-backed Trollz collection piqued his interest.
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NFT creators can choose to attach a commission to the file and get paid for every sale or resale of the file.
What is a NFT floor price?
Floor price refers to the lowest price for an NFT collection that someone can buy directly from the market.
How to Calculate NFT Floor Prices?
NFT floor price is the lowest price an individual is willing to sell an NFT for.
Alternatively, the NFT floor price can also be the lowest amount of ETH a person is able to spend to own an NFT or become a member of an NFT project.
NFT floor price is often determined and set by the owner of the NFT.
It is intended that owners will be able to use avatars from this collection across the metaverse, in Zoom meetings, and elsewhere. Clone X avatars have sold for hundreds of thousands of dollars’ worth of Ethereum.
— Market capitalization: $376.31 million
Cool Cats is a collection of 9,999 randomly generated cat portrait NFTs, each with a different combination of body style, face style, accessories, and outfits.
The makers of Cool Cats plan to eventually allow “breeding,” which some have speculated will allow owners of two Cool Cats to combine them into a new Cool Cat NFT with traits from each of the “parents.”
The NFT outlook
2021 was a monumental year for NFTs.
USD. It has a circulating supply of 592,810,145 TROLL coins and the max. supply is not available.
If you would like to know where to buy Trollcoin at the current rate, the top cryptocurrency exchange for trading in Trollcoin stock is currently FreiExchange. You can find others listed on our crypto exchanges page.
Launched as a parody currency on 14 March 2014 by an anonymous developer, Trollcoin has grown into a Twitch & Twitter targeted tipping service via its centrally managed platform while serving as a real-time experiment in negative brand marketing – how a cryptocurrency branded in trolling can proliferate.
Trollcoin’s Proof of Work (Scrypt) & Proof of Stake hybrid blockchain is managed by Karl Wickman based in Los Angeles who took control of the project in May 2014 and is supported by a primarily anonymous community of volunteers around the globe.
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A business partner of 6ix9ine, who is closely linked to the elusive figure but does not work as his representation, did not respond to Rolling Stone’s request for comment — nor did any of the four of the Trollz organizers whom Rolling Stone messaged on Discord.)
Crazytroll also claimed that the team was refunding the people they say were “scammed at launch,” stressing that they were only including members who followed the dangerous links specifically at launch, but without giving specific a timeframe. (It’s unclear how many people asked for refunds and were deemed too or early or too late.) “Several of you were scammed in the DMs more than 24 hours ago and we can see the transactions,” the moderator wrote on launch day.
It sold for 4,200 Ethereum (then valued at $7.7 million) on March 11, 2021. It is currently on sale for 35,000 Ethereum, roughly $86 million.
The most valuable NFT collections
Bored Ape Yacht Club
— Market capitalization: $2.95 billion
NFTs from the Bored Ape Yacht Club are owned by international sports stars including Neymar Jr. and Steph Curry, music superstars including Justin Bieber and Snoop Dogg, entertainers including Jimmy Fallon and Kevin Hart, and high-profile inventors such as Mark Cuban.
Developed by Yuga Labs, Bored Ape Yacht Club is a collection of 10,000 NFTs that are portraits of stylized apes wearing different accessories and outfits.