Blockchain
First-Ever deadmau5 Digital Collectibles to Be Released on WAX Blockchain
Grand Cayman, Cayman Islands–(Newsfile Corp. – December 15, 2020) – deadmau5 and the Worldwide Asset eXchange™ (WAX) today announce a limited series of NFTs to be released on the WAX Blockchain. The collaboration, brought together by blockchain music project Emanate, opens Dec. 16 at noon EST. Details of the sale can be found at
deadmau5 digital collectibles, coming to the WAX Blockchain on Dec. 16, 2020.
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What are deadmau5 digital collectibles?
This series from deadmau5 is the first set of digital collectibles under the new brand name RAREZ and includes rare and authentic digital collectibles for the emerging virtual music industry. Because NFTs trade on the blockchain, each deadmau5 collectible is 100% verifiable as authentic.
Blockchain technology allows collectors to buy and sell digital deadmau5 collectibles, and launching on WAX marketplaces means deadmau5 fans can buy the packs with a credit card, not just cryptocurrency. Buyers can then easily trade them with others, showcase their inventory on various WAX marketplaces and share on social media.
NFTs are deadmau5’s next step into blockchain
This is not deadmau5’s first foray into blockchain. His career-long manager, Dean Wilson, has been working behind the scenes with the Emanate team since 2019, and his record label, mau5trap records, is adding more than 600 catalog tracks to the EOS-based emanate.live platform. The dance music legend also played the virtual launch party of the P2P music sharing and crypto platform Audius earlier this year.
About the deadmau5 NFT sale on WAX
The WAX Blockchain hosts some of the most high-profile NFT sales and is known as the “King of NFTs.” Following sellout collections from Topps, Atari and William Shatner, packs of deadmau5 NFTs will go on sale on Dec. 16, 2020. There are two pack sizes:
- Pack of 10 deadmau5 NFTs: $9.99
- Pack of 30 deadmau5 NFTs: $28.49
Past NFT pack sales on WAX have sold out in as quickly as 9 minutes, and very high demand is anticipated for the music legend’s first-ever NFT sale.
Through collaboration with creative agency Rising, each deadmau5 NFT pack contains digital collectibles that are available in seven rarities, with each rarity featuring a different animation style.
Once collectors have NFTs or packs, they can sell and trade them on WAX-powered marketplaces and apps. WAX NFTs have sold on secondary marketplaces for over $5,000.
The special edition collectibles feature creative content from deadmau5’s recent shows as well as video clips, his collectible pins plus an “UltraRare” piece of collaborative artwork by renowned 3D designer Sutu Eats Flies, who has previously worked with The Weeknd, John Legend, Pnau, Safia and many others.
Limited-time promotional offer for deadmau5 NFTs
Keen music fans can access a limited-edition promo code for a free NFT pack via the Emanate platform, with just 150 promo packs available. More details will be available on Emanate social media channels and Discord.
About deadmau5:
Joel Zimmerman, more commonly known as deadmau5 (pronounced “dead mouse”), is one of the world’s most respected electronic music producers. Enjoying international chart success with his platinum-certified single “Ghosts ‘n’ Stuff,” as well as “Professional Griefers,” “Sofi Needs A Ladder” and “I Remember,” he has also released seven critically acclaimed albums: an orchestral album “where’s the drop?,” “W:/2016ALBUM/” and “> album title goes here <” (both reached No. 1 on the Billboard Dance/Electronic Chart), “4×4=12” (recognized for having sold well over 1 million copies in the U.S.), “For Lack Of A Better Name,” “Random Album Title” and “while(1<2).” The multiple JUNO Award-winning and GRAMMY®-nominated artist’s ability to push the boundaries of his talent grows at an equal rate to his fan base, which counts 15 million and more over his combined social media channels. His latest music offerings, which include original productions, remixes and collaborations with featured guests like Rob Swire (“Monophobia”), Lights (“Drama Free”), Shotty Horroh, Scene of Action and more, can be found on the “mau5ville: level 1,” “2” and “3” series. deadmau5 marked 2019 with his first-ever film score for the Jonas Akerlund-directed spy thriller “Polar,” available worldwide now via Netflix, with its soundtrack released on mau5trap, and he also celebrated the release of “here’s the drop!,” an album remixing material from his 2018 orchestral album “where’s the drop?” Plenty of revered tastemakers such as Morgan Page, Matt Lange, PEEKABOO, Mr. Bill and more were tapped for their talents to make this remix album a cerebral journey through sound. Over the course of his extraordinarily successful U.S. cubev3 tour in late 2019/early 2020, which ranked in the top 10 of Pollstar’s top tours globally, deadmau5 released a trilogy of singles. “FALL,” “COASTED” and “SATRN” were new material featured as part of his new live show, complementing the most complex production he has ever presented. His latest releases, “Pomegranate” with The Neptunes and “Bridged By A Lightwave” with Kiesza, are out now.
Follow deadmau5:
www.deadmau5.com
www.twitter.com/deadmau5
www.instagram.com/deadmau5
www.facebook.com/deadmau5
www.mau5trap.com
www.mau5trap.tv
About Emanate
Emanate is a music platform that unites artists, labels and fans to earn, share and collaborate. Artists conveniently publish and distribute music from one destination, collaborating with absolute trust and receiving instant rewards for their streams. Join Emanate and follow on Twitter for more info.
About WAX
WAX is the King of NFTs. The WAX Blockchain is the safest and most convenient way to create, buy, sell and trade NFTs – to anyone, anywhere in the world.
WAX has created a full suite of blockchain-based tools that allows anyone to trade NFTs instantly and securely to anyone, anywhere. These include an easy-to-use WAX Cloud Wallet, through which accounts can be created in just two clicks using social logins; a robust developer portal; and more.
Participants of the Worldwide Asset eXchange gain access to a global community of collectors and traders, buyers and sellers, creators and gamers, merchants, dApp creators and game developers. For more information, please visit https://wax.io, and follow along on Twitter and Telegram.
Wire Service Contact
CryptoCurrencyWire (CCW)
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[email protected]
Blockchain
$FAR Token ranks first on Bybit exchange and soars to 44%following staking program launch: Coingecko
Farcana — United Arab Emirates based Bitcoin shooter game, has announced that its $FAR token is now ranked first on Bybit exchange. This development comes after the launch of its staking program, which offers users a 60% annual percentage rate (APR) on their $FAR tokens.
The staking program requires users to utilize the Polygon network for staking their announcement. Following the announcement, $FAR token soared to 44% according to Coingecko.
Founded in 2022, Farcana recently raised $10 million in seed funding from Animoca Brands, Polygon Ventures, Fenbushi Capital, and Merit Circle among others. It is built on Unreal Engine 5 and Farcana shares a similar graphical style with Overwatch, a team-based multiplayer first-person shooter game by Blizzard Entertainment. The game is understood to operate under a free-to-play model.
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Blockchain
Mysterious Trader Makes $150,000 Profit in 3 Hours From Just $2,956: Blockchain Analysis
A new Ethereum meme coin, Pochita ($POCHITA), has made headlines after skyrocketing in value shortly after its launch. According to on-chain data, one trader turned an initial investment of $3,000 into $150,000 in under three hours, reflecting a near-5000% profit. This rapid surge has drawn comparisons to other meme coins like Bonk ($BONK), which gained significant attention in the Solana ecosystem.
Pochita launched on October 2, 2024, quickly reaching a $20 million market cap within 9 hours, despite the broader crypto market contracting by 2.9% over the past 24 hours. The meme coin sector also dipped 3.2%, now valued at $47.5 billion. Despite the falling prices, Pochita’s rapid rise suggests strong investor sentiment around meme coins remains, especially following recent Federal Reserve interest rate cuts.
Though meme coins are known for their volatility and lack of clear fundamentals, they can provide quick gains for traders. Pochita is being discussed as a potential successor to Bonk, and if it continues its growth, it could join the ranks of other top meme coins like Dogecoin, Shiba Inu, and Pepe Coin.
At the same time, other projects such as Crypto All-Stars ($STARS) are providing new avenues for meme coin holders by offering a unified staking platform where users can stake various meme coins and earn rewards. Crypto All-Stars has already raised over $1.9 million in its presale, indicating strong interest in platforms that provide utility and passive income opportunities for meme coin enthusiasts.
Source: cryptonews.com
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Blockchain
Binance warns of crypto market risks from overvaluation, centralization
A recent Binance report highlights critical risks in the cryptocurrency market, warning of the dangers posed by inflated valuations and centralized token ownership. The report cautions that if these issues remain unaddressed, they could destabilize the long-term stability and growth of the crypto industry.
Valuation Concerns: The report emphasizes that overvaluation, particularly in newly launched tokens with low circulating supply, could lead to market bubbles and poor performance. Venture capital funds, which once aggressively invested in crypto, are now scaling back and shifting focus to sectors with more sustainable valuations. As the market becomes saturated with new tokens, the circulating supply could increase exponentially, further straining performance.
Centralization of Token Ownership: Binance also flags the risks of centralization, where large tokenholders dominate ownership. This concentration of power can result in governance issues, market manipulation, and potential crashes caused by sudden sell-offs. The report stresses the need for decentralized control and broad participation to maintain the integrity and resilience of crypto projects.
Transparency and Trust: To mitigate these risks, the report underscores the importance of transparency in fund management. A lack of clear disclosures can erode stakeholder trust and harm project sustainability. Binance notes that greater transparency, like the adoption of proof-of-reserves by platforms such as Coinbase, is crucial for fostering responsible financial management and building long-term trust in the market.
In conclusion, the report urges the crypto industry to prioritize decentralized governance and transparency to ensure sustainable growth and maintain market confidence.
Source: cointelegraph.com
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