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Our Guide to NFTs With Voice's Simple, Carbon Neutral Art Marketplace – Cool Hunting

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COOL HUNTING®
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Though many artists and art consumers may be dazzled by the rapid rise and pop culture prominence of NFTs, most people simply do not understand what an NFT (or non-fungible token) is, how it is made and what its benefits are. By working with the simple to use and carbon neutral NFT minting platform and marketplace Voice, we found a more ethical, straightforward and environmentally friendly destination to clarify it all. Not only does Voice allow multidisciplinary artists to create NFTs from their original works, it also acts as a hub for protected sales. To translate these and our other insights we commissioned NYC-based illustrator and designer Alf Gadberry to explain NFTs and each step in Voice’s minting process through his magnetic illustrations. Gadberry also minted these works—embedded below—through Voice, and they’re available to purchase, as well.

First, of course, we have to begin with what an NFT is. Though it may appear complex, the concept can be greatly simplified: an NFT is a piece of digital art, IP or ephemera with value that’s been protected by embedding credit and ownership data into it. This has never been more important. In a cultural climate where creators share content they’ve produced on social media or other services and anyone else can take it, replicate it or undermine it, attribution and protection have become requirements.

Second, NFTs enable fair—and continued—compensation for artists. They enable a royalty structure that ensures a payout every time the work is sold to a new owner. Prior to NFTs, many artists watched as their works were offloaded from one owner to another for far more money in the secondary market. Thanks to NFTs this does not need to be the case—and the artist benefits.

Ultimately, this is due to the way that NFTs are made and traded, especially on Voice. When an NFT is minted from original content, it incorporates a unique identifier with the artist’s information and compensation structure. This is a verified signature of sorts—recorded in history and accessible to all.

On Voice, each NFT can then be offered for purchase through auction or sold on the marketplace, equipping creators for success. Unlike the structure of most galleries and auction houses Voice is designed with the best intentions toward artists.

Because of its verified signature and embedded value data, every single time an NFT is sold it’s tracked so that the artist can be made aware and compensated. Once again, it becomes evident that the NFT process is transparent and artist-oriented.

NFTs on Voice are also more accessible to consumers. Unlike most marketplaces, Voice NFTs can be purchased using credit cards and sold without connecting a crypto wallet. There’s no need to be an expert in the ever-changing crypto space—this is a platform that removes barriers for artists and buyers.

A primary concern with NFT minting and sales has been the associated environmental impact. This is due to the face that maintaining a distributed ledger (that aforementioned documentation) across every node of a blockchain is very energy consuming on Ethereum (a primary platform). Voice, however, uses a different, carbon neutral blockchain—providing a beneficial environmental awareness into the process.

Remarkably (and contrary to many other platforms), there is no fee to mint an NFT on Voice. The platform’s transaction fees are lower than most, opening the door to emerging artistic talent and those curious to try for themselves with low risk. Voice welcomes more than the headline-grabbing blue chip artists and democratizes NFT sales.

To mint on Voice is as simple as creating an account, uploading your work and setting a price. It’s a platform that aims to support creators, not just protect them—and the ease of it all affirms this. And be sure to check out Alf Gadberry’s work that’s available on the platform.
All art by Alf Gadberry
COOL HUNTING Studio believes in high-touch, content and experiential-based partnerships that build a bridge between a brand and our audience. Check out "Partnerships" in our menu for more information.

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This Week's NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower – Markets and Prices Bitcoin News – Bitcoin News

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by Jamie Redman
Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during the past seven days. While Bored Ape Yacht Club’s market valuation lost 21.29%, Cryptopunks’ market cap slid by 19.18%.
NFTs had a lackluster week as sales and prices have followed in sync with falling crypto asset prices. Statistics show that a large number of NFT collections have lost considerable market value during the past week. For instance, metrics show that Bored Ape Yacht Club’s (BAYC) floor value on September 13, 2022, was $114,388 and today, the floor value is around $90,026. BAYC’s market valuation on September 13 was $1.14 billion and today it’s down 21.29% to $900.25 million.
Data shows that the second most expensive NFT floor value belonged to Cryptopunks on September 13, and that’s still the case today. However, the cheapest Cryptopunk last week was around $98,941, but today you can get one for $79,960. Cryptopunks’ market cap has nosedived 19.18% lower during the past week. The same can be said for a majority of blue chip NFT collections like PROOF Collective, Mutant Ape Yacht Club (MAYC), Castaways, and Doodles.
Seven-day statistics show that the BAYC NFT collection is the compilation with this week’s top sales, as $8,603,290 in trades were recorded. BAYC sales have increased by 17.33% and the second largest NFT collection in terms of weekly sales is RENGA. The RENGA NFT collection has managed to print $5,822,323 in seven-day sales, up 121.08% since last week. Overall, however, NFT sales across 17 blockchains monitored by cryptoslam.io are down 10.88% lower than last week.
This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower
Ethereum (ETH) captured the top NFT sales and Solana (SOL) recorded the second largest number of digital collectible sales this week. Although, ETH-based NFT sales slipped 1.66% lower than last week with $79.05 million in seven-day sales. SOL-based NFT sales are down this week 42.11% lower than last week with $23.71 million. Both Flow and Immutable X saw an uptick in NFT sales. Flow NFT sales jumped 59.42% higher, and Immutable X NFT sales saw a significant 790.96% increase.
The top five most expensive NFTs sold this week all stemmed from the BAYC collection and include Bored Ape #441, Bored Ape #2897, Bored Ape #5733, Bored Ape #4179, and Bored Ape #1846. Bored Ape #441 sold for 351,000 DAI and Bored Ape #2897 sold for 215.38 ether or $296,404. Bored Ape #5733 was sold three days ago for 120 ether or $176,458, and Bored Ape #4179 sold for 123 ether or $176,307. Lastly, the fifth most expensive, Bored Ape #1846, was sold for 106 ether or $151,939 four days ago.
What do you think about this week’s NFT sales dropping more than 10% lower than last week’s sales? Let us know what you think about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
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FASB Excludes NFTs, Some Stablecoins From Crypto Accounting Project – The Wall Street Journal

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Michael Saylor can't stop: MicroStrategy now holds 130,000 Bitcoin – Cointelegraph

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MicroStrategy bought an additional 301 BTC for $6 million at an average price of $19,851, the company’s executive chairman announced on Twitter.
MicroStrategy now owns 0.62% of all the Bitcoin (BTC) that will ever be mined. The company’s executive chairman, Michael Saylor, announced that the company bought another 301 BTC for roughly $6 million at an average price of $19,851 per BTC. 
In sum, the company is one of the planet’s largest holders of the asset, owning 130,000 BTC. Apparently, Saylor likes round numbers, buying 301 BTC to reach the 130,000 milestone. 
MicroStrategy has purchased an additional 301 bitcoins for ~$6.0 million at an average price of ~$19,851 per #bitcoin. As of 9/19/22 @MicroStrategy holds ~130,000 bitcoins acquired for ~$3.98 billion at an average price of ~$30,639 per bitcoin.https://t.co/5kYW98ij4I
Due to plunging price action, the company’s investment is down substantially in U.S. dollar terms. MicroStrategy’s entry price is roughly $30,639 per BTC, and the Securities and Exchange Commission filing states that the firm has bought 130,000 BTC at an aggregate purchase price of approximately $3.98 billion.
If MicroStrategy started stacking sats (buying Bitcoin) at today’s prices, it would have spent $2.48 billion on 130,000 BTC. Saylor is currently at a paper loss of over a billion dollars.
According to the SEC filing, the company made the purchase with “excess cash.” Saylor recently stepped down as CEO of the company to focus on buying more Bitcoin, while Washington, DC has taken aim at the billionaire in a tax evasion lawsuit.
Bitcoin enthusiasts were quick to commend Saylor’s buy. Referred to as the “Chad” or “Gigachad,” Saylor’s conviction and commitment to buying Bitcoin despite the investment being underwater has garnered both a devout following and numerous critics.
Related: Bitcoin better than physical property for regular folks, says Michael Saylor
Other large wallet addresses include that of crypto exchange Bitfinex, which holds 170,000 BTC, and a Binance reserve wallet that holds 125,000 BTC. Binance is the world’s largest crypto exchange and has several wallets holding six figures of Bitcoin. Regarding individuals, Saylor has stated that he holds Bitcoin, and FTX CEO Sam Bankman-Fried and Binance CEO Changpeng Zhao are also “hodlers” — a meme that became popular jargon for holding crypto.

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