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In December 2020, OpenSea announced that any user could mint NFTs on its platform for free. Later, in March 2021, OpenSea announced NFT collections would not need to be approved to be listed; this decision was later criticized for allowing rampant plagiarism on the platform. [35] On September 17, 2021, OpenSea released an app for Android and iOS.
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.
(Reuters) -The U.S. Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company's CEO said in a post on social media platform X on Wednesday.
In January 2022, Forbes estimated the stakes in OpenSea owned by Finzer and his co-founder Alex Atallah to be worth $2.2 billion each, making them the first two non-fungible token billionaires. [2] In April 2023, the net worths of both founders were estimated to have fallen to less than $600 million each following a steep decline in OpenSea's ...
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).
Stay Free: 2021 April 16, 2021: Edward Snowden "PleasrDAO" Ethereum First NFT by Snowden on behalf of the Freedom of Press Foundation. [19] $6.2 $5.23 Save Thousands of Lives: 2021 May 8, 2021: Noora Health Paul Graham: Ethereum Sold for 1,337 ETH in charity auction. [20] $5.2 $4.40 Doge (meme) 2021 June 12, 2021: Atsuko Sato "PleasrDAO" Ethereum
Pudgy Penguins [1] [2] is a blockchain-based collection of digital artwork composed of non-fungible tokens (NFTs). [3] [4] It is a collection of 8,888 unique NFTs launched on the Ethereum blockchain in August 2021.
[23] [24] The NFT associated with Everydays: the First 5000 Days, a collage of images from the "Everydays" series, was put up for auction at Christie's on February 25 and sold for $69,400,000 on March 11, 2021. This was the first NFT to be sold by a legacy auction house, and is the first sale at Christie's that could be paid in Ether.