For the first time in 2022, organizers of awards have added a category “Best Performance in Metaverse”. Snoop Dogg, Justin Bieber, Ariana Grande and Twenty One Pilots are also nominated. NFT becomes part of music.
Eminem and Snoop Dogg will perform the track “From The D 2 The LBC” at the MTV Music Awards. It was created in collaboration with the NFT collection Bored Ape Yacht Club (BAYC).
The music video for “From the D 2 the LBC” was released along with a single. Directed by James Larez, the video alternates between footage of the rappers and animation in which they are presented as NFT avatars.
Our experts found out on the day of the single’s release, Eminem and Snoop Dogg performed the song at ApeFest. Which was held in New York City for holders from the BAYC collection.
Market for virtual art continues to grow, despite falling prices for cryptocurrencies and collectibles. Which of NFT artist’s works sold the most, and what was bought this summer.
NFTs are unique crypto-assets that are often objects of art and digital collectibles. Rapid growth in popularity of NFTs began in 2021. And by the end of which NFT trading volume exceeded $13 billion.
This figure was up almost 400 times from 2020 ($33 million). However, due to the downturn in the cryptocurrency market in 2022. The NFT industry has shown a significant decline in sales: in July, it was about $647.23 million.
Despite this, investors and NFT enthusiasts continue to be interested in digital art. Prices for some works by virtual artists approach those of luxury goods. And in particular, they are comparable to the cost of a luxury home. The most popular tokens continue to be items from the Bored Ape Yacht Club, Cool Cats and Crypto Punks collections. Such NFTs are owned by celebrities including rappers Snoop Dogg, Jay-Z, footballer Neymar, Madonna, Ozzy Osbourne and others.
This work of art was created by Pak, a student of Mike Winkelmann (also known as Beeple). This painting is made up of balls of different sizes. About 29 thousand people invested in The Merge, and total value of NFT was $91.8 million.
The First 5000 Days – $69.3 million
Work by American graphic designer Beeple. NFT was sold in 2021 for $69.3 million at Christie’s auction. First 5000 Days is a collage of Beeple work from 2007.
Clock – $52.7 million
This NFT was created by digital artist Pak to support Wikileaks journalist Julian Assange. The clock counts down how many days Assange has been in prison. It was bought by an activist group AssangeDAO.
HUMAN ONE – $28.8 million
Another NFT by Beeple, sold by him at Christie’s auction. HUMAN ONE is an animated 3d image of an astronaut. Beeple has access to this NFT and can change it periodically.
CryptoPank No. 5822 – $23.7 million
Pixel NFT with a blue punk in a bandana was sold for 8,000 ETH. It was bought for that amount in early 2022.
Expensive NFT buys over last few months
The Answer was sold for 100 ETH ($174,900) This work is by one of the most successful digital artists of anyma. Who illuminates in his work the interaction between technology and nature.
NFT gn desktop wallpaper by artist Rajon Bliss (@rivenribbon) was purchased by Snoop Dogg for 64.0 ETH ($97.3k).
88MPH In SoHo
A work by photographer Guido Di Salle was sold for 55.0 ETH ($74,000).
Cristiano Ronaldo will launch the first NFT collection in partnership with Binance by end of 2022
Football superstar Cristiano Ronaldo will release several NFT collections. Sportsman entered into a multiyear partnership with Binance exchange, according to a Binance blog. So a goal of this partnership would be to create digital collectibles and attract soccer fans to Web3 ecosystem. “Nothing is more important to me than the fans, so the idea of bringing unprecedented experiences and access through this platform is something that I wanted to be a part of” – says Ronaldo. “We are thrilled to provide his fans with exclusive engagement opportunities to connect with Ronaldo” – said Binance CEO “CZ”.
So the first collection, set to launch at the end of this year. Will feature NFTs with an original design developed by Binance in collaboration with Ronaldo. According to an exchange blog, through a series of NFT collections, Ronaldo will provide a unique experience for soccer fans from many countries. Binance does not disclose details about this partnership, we do not know pricing or other options for this NFT collection at this time. Cristiano Ronaldo already has experience with crypto projects. In 2019, he played for Italian Juventus Football Club, which launched token JUV, which gave fans the right to vote in a number of decisions.
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