CRYPTO

Wolf Punk, Disney NFT, The Economist Mag Cover 422K …


Fungus-free street wolves

Former crypto skeptic Jordan Belfort has boldly asserted himself as an NFT proponent in the 2021 growth of the sector.

Belfort is known for his deceptive activities while working as a stockbroker on Wall Street, his story was captured in the movie “The Wolf of Wall Street” starring Leonardo DiCaprio.

The 59-year-old has denounced crypto on multiple occasions and in 2018 he compared Bitcoin to the level of fraud that his firm Stratton O’Connor was involved in in 1999 before being accused of securities fraud and money laundering.

On October 25, Belfort revealed to his 600,000 followers that he had bought Cryptopunk # 6033, where a man was wearing a durag and smoking a vaporizer pen. According to the transaction history on OpenSea, Belfort spent 102.49 Ethereum (ETH) on the NFT worth about 10 410,000.

He then followed it up with an exuberant tweet “Wow! I love NFT Twitter! And now that I’m here, I’m not leaving!

Earlier this month, Belfort unveiled its own upcoming NFT drop, which will feature works inspired by the Wall Street movie and his life. Although details are rare at this stage, Belfort tweeted on October 21 that he is currently working on how to “add a utility to each holder” of his NFTs so that he can make it a unique drop.

Disney NFT is ‘barely necessary’

Disney is sinking into the NFT sector with a collection of tokenized characters from popular movies and shows owned by multinational giants.

Although no specific character details have been announced, Disney’s Pixar, Marvel and Star Wars franchises also have plenty of content to choose from.

The drop is set to go live on November 12 and is being launched in collaboration with the VeVe NFT platform. The collection is called “Golden Moments” and any NFT buyer will get three months free service on the Disney + streaming app.

Disney NFT Drop: VeVe

VeVe hosts a marketplace for licensed NFTs, and the firm has previously launched Digital Comics in collaboration with Marvel and DC, as well as featured NFTs featuring some nomenclature content from Adventure Time, Monster Hunter, Star Trek and Jurassic Park.

The Economist’s NFT sale raises $ 422K for charity.

The Economist, a 178-year-old global news publication, sold a tokenized magazine cover on October 25 for about $ 422,000.

The cover of NFT Magazine was from the September 18 issue of The Economist’s “Down the Rabbit Hole”, which explored the world of decentralized financing (DFI). The cover shows an Alice in Wonderland-themed image, where Alice looks down at a rabbit hole while various cryptocurrencies sink to the bottom.

Beneath the rabbit hole: The Economist

The NFT sold 99.90 ETH (মূল 400,000 at current prices) through an auction on Monday, with the proceeds going to The Economist Educational Foundation, an independent youth outreach charity that teaches young people to analyze current issues.

WWE seeks NFT-based summer slam

Fox’s NFT firm has entered into an agreement with Blockchain Creative Labs to launch World Wrestling Entertainment (WWE) licensed NFT collectibles.

The multi-year deal was announced on October 27 and the partnership will see the NFT rollout with its star in WWE history and events like WrestleMania and SummerSlam. A marketplace will be launched to host the resources, although details have not yet been announced.

Related: Upgradable NFT: How to move cooperation forward

The new partnership shows that WWE wants to learn from the mistakes of its previous NFT drop. WWE Hall of Famer John Cena last month called his own licensed drop a “catastrophic failure.” Cena said fans bought only 7.4% of his NFT and questioned whether the price point of the 500 Gold Tier package was too high.

“Me and the people of WWE thought $ 1,000 was a fair price point. We were wrong. We were absolutely wrong, ”Cena told the Florida Supercon 2021 on September 12.

Other NFT news

Software giant Adobe announced Tuesday that it is partnering with major NFT marketplaces, including OpenSea, KnownOrigin and SuperRare, to allow users to verify the authenticity of digital content across platforms.

On Monday, GameStop listed a total of eight jobs for crypto-friendly candidates to work on its NFT platform and Web3 gaming venture. The list includes three roles for NFT-experienced software engineers, three tasks for product marketers, and two roles focused on Web 3.0-based gaming.