NFT special! Beeple’s millions, Banksy profits, problems for Kings of Leon: H...
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekBeeple NFT auction closes at record-setting $69.3 millionTheres plenty to discuss in the crypto markets, but this week, nonfungible tokens have stolen the limelight for multiple reasons.Digital artist Mike Winkelmann, also known as Beeple, has made history after his latest piece Everydays: The First 5000 Days sold....
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Kings of Leon returns after a four-year break with an exclusive album NFT sale. American rock band Kings of Leon is the latest music project to jump on the bandwagon on the non-fungible token, or NFT, industry.After a four-year break, including a delay caused by the COVID-19 pandemic, the Nashville family band is back with something more than just their eighth music album.On Friday, Kings of Leon will release its new album, When You See Yourself, in the form of an NFT token, dropping three types of tokens as part of a series called “NFT Yourself,” the project told Rolling Stone. The album....
Kings of Leon generated $1.45 million to $2 million in sales from their new NFT releases and will donate some of the proceeds to Live Nation’s Crew Nation Fund. The Kings of Leon’s tokenized album and NFTs sale that began on March 5 has generated at least $1.45M, or 820 Ether, in sales in its first five days according to figures on the Open Sea platform. However Rolling Stone reports that a band representative estimates the revenue is above $2 million, with $600,000 of that going to the Crew Nation Fund for supporting live music crews affected by the pandemic. The landmark reportedly event....
The Sacramento Kings became the first team in the NBA to accept Bitcoin in January of this year. In the first months since the announcement, the team only allowed season ticket holders to use Bitcoin for purchases at the arena, but last week the team announced their partnership with BitDazzle to launch KingsBitcoin.com. KingsBitcoin.com, powered by BitDazzle, is the first online marketplace to accept the virtual currency in the NBA. Launched April 3, the website allows customers to pay for game tickets, memorabilia and special fan experiences using Bitcoin. The co-branded online store....
Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT). The screenprint was one of only 500 made and was authenticated by Banksy’s verification company Pest Control. The burning was a symbolic message of turning a rare piece of physical artwork into a non-fungible digital collector’s item. Burning a Banksy ‘Morons’ Print In February a Twitter account appeared on social media with the name @burntbanksy, which consists of a group of art and....
The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy.Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on a physical work of art. The auction, titled ‘The Now Evening Auction’ features Banksy’s Trolley Hunters and Love Is In....