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OpenSea is an American non-fungible token (NFT) marketplace headquartered in Miami. The company was founded by Devin Finzer and Alex Atallah in 2017. [1] [2] OpenSea offers a marketplace online allowing for non-fungible tokens to be sold directly at a fixed price, or through an auction.
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).
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.
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.
CryptoPunks is a non-fungible token (NFT) collection on the Ethereum blockchain.The project was launched in June 2017 by the Larva Labs studio, [1] a two-person team consisting of Canadian software developers Matt Hall and John Watkinson.
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.
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.
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