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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 ...
The first known "NFT", Quantum, [25] was created by Kevin McCoy and Anil Dash in May 2014. It consists of a video clip made by McCoy's wife, Jennifer. McCoy registered the video on the Namecoin blockchain and sold it to Dash for $4, during a live presentation for the Seven on Seven conferences at the New Museum in New York City.
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).
OpenSea is an American non-fungible token (NFT) marketplace headquartered in New York City.The company was founded by Devin Finzer and Alex Atallah in 2017. [2] [3]OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
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.
CryptoKitties operates on Ethereum's underlying blockchain network. Each CryptoKitty is a non-fungible token (NFT). Each is unique and owned by the user, validated through the blockchain, and its value can appreciate or depreciate based on the market.
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 ...
The storefront will be open on Dapper Labs’ Flow blockchain and allows users to download the Genies Studio app to create their own avatars and buy digital fashion items to dress them. Because each item is an NFT, the original creator gets a cut of the revenue each time that item is resold and owns the intellectual property behind the design. [11]
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