NFT Review 16: Life-Changing NFTs

12 year old sells NFTs for $400,000, CryptoPunks headed to Hollywood, BAYC raises $96million from mutant apes, and more

NFT Review is a weekly newsletter covering NFTs in the Web3 ecosystem on Polkadot’s side of the woods. The newsletter is put together by Bruno Škvorc and gbaci.

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Looking for a primer on NFTs? This should be the last introduction you’ll ever need.

Dear NFT enthusiast,

A 12-year-old boy from London reportedly earned nearly $400,000 by selling a series of NFTs during the school holidays. Think about that for a moment.

If a preteen can do this, then anyone can do it. This is the true power of NFTs, why we are incredibly excited by them. They offer unbounded freedom to the artist, freedom unlike any that has been seen before in human history.

This is beyond the jaw-slacking sales worth millions of dollars. It is a talented artist living in the slums, selling a collection of 20 artworks as NFTs for $200 each ($4,000 total). This is life-changing for him, more than we can ever imagine.

The great challenge now is getting as many artists to understand that they stand a far greater chance at success by bringing their artworks on-chain. If you have a friend who is a talented artist and isn’t into NFTs, help them make the leap that could change their lives forever.

To make it easier for you, Singular, the Kusama-native NFT marketplace with low gas fees, is offering your talented friend a sponsored trial of NFTs (via Singular) worth 500 FREE MINTS.

NFT technology is a revolutionary tool, let’s all spread it to those who need it most.

Thank you for reading and have a great week.

— NFT Review

📬 NFT News from Kusama & Polkadot

  • Bit.Country introduced their Kusama parachain candidate.

  • You can now view all NFTs minted on Statemine in the Singular marketplace.

  • Unique Network unveiled winners for #DigitalArt4Climate designathon.

    Unique also unveiled Quartz, their Kusama parachain candidate.

  • Trading is now live on Kanaria. Bird holders can now list, buy, and sell their birds and items on-chain. Read more about this update here.

🗞 NFT News from Ethereum and Beyond

  • Zombie CryptoPunk #2066 sold for 1890 ETH (~ $6,975,260) via Fractional.

  • Crypto exchange OKEx launched its own DeFi hub and NFT marketplace.

  • Bored Ape Yacht Club raised $96 million in a public sale of 10,000 Mutant Apes in a single hour on Saturday night, and airdropped a further 10,000 vials of mutant serum that let existing holders of the Ethereum-based NFT mint new apes for free.

    Sotheby’s is auctioning a lot of 107 Bored Ape Yacht Club NFTs. The current top bid is $19 million. A separate auction of 101 Bored Ape Kennel Club NFTs has a top bid of $550,000 as of publication.

    BAYC donated $850,000 to an orangutan charity.

    Zora launched APES.HOUSE, a permissionless auction house system for BAYC.

  • Yearn Finance issued a grant to Atlantis World to help the project continue to build out its 2D pixelated virtual world.

That’s all for this week, see you in the next edition! Got some links to share with us, artists to feature, NFTs to sell, jobs to promote, or events to popularize? Get in touch with Bruno or gbaci!