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The concept of non-fungible digital assets that could be owned on a blockchain predated ERC-721, with projects like Colored Coins on Bitcoin in 2012. [7] In 2017, just prior to ERC-721’s publication, Larva Labs launched the CryptoPunks NFT project on Ethereum using ERC-20 (a fungible token standard).
Bored Ape Yacht Club (BAYC), often colloquially called Bored Apes or Bored Ape is a non-fungible token (NFT) collection built on the Ethereum blockchain with the ERC-721 standard. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm.
In 2021, Jones achieved a record sale with a piece of digital artwork titled The Bitcoin Angel, which earned him £2.4 million as an NFT. [1] In 2021 he worked Ice Cube to create Man vs Machine which was a mixed media body of work. [1] [2] His interest in technology led him to explore augmented reality and QR code integration in his artwork.
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An NFT is a data file, stored on a type of digital ledger called a blockchain, which can be sold and traded. [8] The NFT can be associated with a particular asset – digital or physical – such as an image, art, music, or recording of a sports event. [9] It may confer licensing rights to use the asset for a specified purpose. [10]
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Pak's "The Pixel", an NFT of which sold for $1.36 million at Sotheby's. Pak's first NFT, "Cloud Monument Dark", was released on February 3, 2020 on SuperRare, an NFT marketplace. [16] In August 2020, Pak released project "X" on NiftyGateway, an "open edition" sale of NFTs with a scarcity mechanism based on time rather than volume. Thirteen NFTs ...
Hey there, it’s tech reporter Alexandra Sternlicht. On Sept. 2, the world was introduced to the Creator League, a flashy e-sports platform featuring some of the top internet stars and video game ...