- AI | Web3 | NFT News
- Posts
- 🔥 NFTs on fire! Sotheby's second 3AC sale nets $10.9M
🔥 NFTs on fire! Sotheby's second 3AC sale nets $10.9M
NFTs are the future of art, and Sotheby's latest sale proves it 🙌
AI | Web3 | NFTs News
June 20, 2023
📣What's Up in the Web3 | NFT | AI World?
Welcome to the latest edition of our NFT News! In this issue, we'll take a look at some of the biggest news stories from the past week, including:
The Latest from the Web3 World
👟 Nike Drops Hints of NFT-Infused Sneaker Hunt in Fortnite
🔥 $95,000 CryptoPunk NFT ‘Teleburned’ on Ethereum, Reappears on Bitcoin
🙌 New NFT Protocol ‘Ethscriptions’ Goes Live, Hits 30K+ Mints
A Look Back at the Week
NFT Artwork Shines Bright at Sotheby's Second 3AC Sale, Netting $10.9M
Sotheby's second auction of non-fungible tokens (NFTs) from the collection of the now-defunct crypto hedge fund Three Arrows Capital (3AC) has generated an astounding $10.9 million. The sale, which took place on June 15th, featured a wide variety of NFTs, including artworks, collectibles, and games.
The highlight of the sale was a piece of artwork called "The Goose", which was created by Dmitri Cherniak and sold for $6.2 million. "The Goose" is a generative artwork, which means that it was created using a computer algorithm. The artwork features a flock of geese flying through a pixelated landscape.
💥SOLD💥 $6.215M
— Michael Bouhanna (@michaelbouhanna)
8:32 PM • Jun 15, 2023
Other notable NFTs that sold well at the auction included Tyler Hobbs' Fidenza #479, which sold for $622,300, and Snowfro's Chromie Squiggle #1780, which sold for $635,000. Both of these artworks are also generative artworks.
#AuctionUpdate: A work from the genesis collection of @artblocks_io, full spectrum Chromie Squiggle #1780 by @ArtOnBlockchain has just sold for $635,000, more than 3X the high estimate. #SothebysGRAILS
sothebys.com/en/buy/auction…— Sotheby's Metaverse (@Sothebysverse)
8:40 PM • Jun 15, 2023
The success of Sotheby's second 3AC sale is a sign of the growing maturity of the NFT market. As more and more people become interested in NFTs, we can expect to see continued growth in the market. This is good news for both collectors and investors, as it means that there will be more opportunities to buy and sell NFTs. Read more…
Puma Jumps Into Web3
Puma is the latest brand to jump into Web3, and they're doing it in a big way. The company has created a 3D spatial playground called Black Station, which is a unique Web3 space that enables the NFT community to experience the brand like never before.
Puma is also offering a physical pair of shoes for those who burn the PUMA Materializer NFT. To burn an NFT, you simply send it to a special address. Once you've burned the NFT, you'll be able to redeem it for a physical pair of shoes.
To celebrate the launch of Black Station we are hosting a giveaway & screenshot competition 🎉
The winner will receive a Mint Pass for the upcoming MB.03 drop and claim a FREE GutterMelo shoe 🎁
Giveaway requirements below 🧵 http
— PUMA.eth (@PUMA)
6:00 PM • Jun 14, 2023
Puma is making it easy for fans to get involved in Web3. However, the company's gated website may have left some fans out of the drop. If you're interested in learning more about Puma's Web3 experience, visit BlackStation.PUMA.com.
Rocky Horror Goes Web3
The Rocky Horror Show is getting a Web3 makeover! Online Blockchain plc, a blockchain research and development company, has acquired the rights to The Rocky Horror Show's intellectual property and is creating a collection of NFTs to celebrate the show's iconic characters and themes.
The first NFT in the collection, called TimeWarp, will be released on OpenSea today at 8am ET. TimeWarp features the classic "blood drip" font associated with stage production and will be limited to 50 editions. Holders of TimeWarp will also receive a free character pack, which includes NFT renditions of Frank-N-Furter, Magenta, Riff Raff, and more.
Online Blockchain CEO Clem Chambers says that TimeWarp is just the beginning of an exciting Web3 storyline centered around Rocky Horror. He hints that there may be a Rocky Horror metaverse in the works, but only time will tell. Read more…
The Rocky Horror Show is getting a Web3 makeover!
— NFTNews1.eth (@NFTNews1)
11:53 AM • Jun 19, 2023
In the meantime, fans of The Rocky Horror Show can get their hands on a piece of the show's history by purchasing a TimeWarp NFT. The NFTs will be listed for 0.1 ETH, which is currently around $175.
So get your fishnets and feather boas ready and prepare to do the Time Warp again!
