Blockchain
DeepBlack Historical NFT Project Pays Tribute to Beeple’s $69M Masterpiece
There is no such thing as coincidence in the NFT space. Traders, speculators, and collectors are constantly reading the proverbial tea leaves behind every tweet and scrap of alpha in a soon to be discovered Discord channel. They are looking to put reasoning behind the question on everyone’s lips; how, why, and when the next NFT collection will be pulled from relative obscurity and be elevated from humble beginnings to ‘blue chip’ status.
A recent and plausible prediction is forming around a broad church of projects and collections deemed ‘historically significant NFT’s’. This narrative was progressed in October 2021 with a complete set of My Curio Cards selling for $1.2M at auction with Christie’s. Now it’s common to see representatives from all the major auction houses being sent like canaries down the mineshaft into NFT Twitter to unearth the next historically significant project to broader significance.
Ever since Beeple (Mike Winkelmann) sold The First 5000 Days for $69M, his artwork is often interpreted as a barometer for the broader cryptocurrency and NFT market. His expansive and compelling digital artworks feature hidden (and not so hidden) easter eggs. On March 4th 2021, Beeple essentially knighted Punk4156 with his dystopic and futuristic version of King-Kong featuring CryptoPunk #4156. With Winkelmann’s relevance and market-making qualities, it is impossible for the artist not to be aware of the influence he wields.
Fast forward to early January 2022, and Beeple shared another of his dystopic visions entitled ‘DEEP BLACK’ with the world. Upon reveal, it was immediately and intrinsically linked with a historically significant NFT collection entitled ‘DeepBlack‘. DeepBlack consists of 3,073 portraits and is the first end-to-end AI-generated collection of fine art on the Ethereum blockchain, created with no human interaction. Was this Winkelmann’s way of recognising the importance of historically significant NFT’s and shining a light on DeepBlack as the next in line blue-chip NFT collection?
Whatever Beeple’s intentions were, DeepBlack founder, Pete, was inspired to mark this momentous occasion. In honour of ‘DEEP BLACK’, Pete created a collage version of the piece featuring all 3,073 original artworks of DeepBlack. You can find yourself hypnotised zooming in on the work, and be truly compelled by the unique nature of the artworks created by the AI-Artist, DeepBlack.
Pete’s collage was shared with the DeepBlack community, who was subsequently polled on what Pete should do with the piece. After twenty-four hours and many thoughtful submissions from the community, they voted to mint this piece as a 1/1 and send it directly to Beeple’s Ethereum address in the hope that he appreciates this spectacular homage to his art.
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
The post 39% of Canada’s institutional investors have exposure to crypto: KPMG appeared first on HIPTHER Alerts.
Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
The post BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests appeared first on HIPTHER Alerts.
Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
The post Cronos collaborates with KYVE to revolutionize Blockchain Data appeared first on HIPTHER Alerts.
-
Blockchain Press Releases7 days agoDWF Labs joins the Klaytn Governance Council
-
Blockchain7 days agoPhoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics
-
Blockchain7 days ago
Crypto fans count down to bitcoin’s ‘halving’
-
Blockchain7 days ago
Tether USDT stablecoin goes live on TON blockchain
-
Blockchain Press Releases3 days agoDeFi Lens builds advanced Generative AI for Technical Analysis
-
Blockchain2 days ago
Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
-
Blockchain2 days ago
Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI
-
Blockchain6 days agoSupply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing
