#nfts

#nfts

The Yuga Labs v. Ryder Ripps case is shaking up NFTs and trademarks.

In 2018, Christie's catapulted AI artwork into the mainstream when they sold the Paris-based collective Obvious's GANS inkprint Portrait of Le Comte de Belamy (2018) for $432,500, dwarfing the work's high estimate of $10,000. And, few could forget the March 2021 sale of Beeple's digital work Everyday: The First 5000 Days (2021), which hammered at $69.3m (the house applied no estimate) and put NFTs on the art world map.

Daily cryptocurrency price data is obtained from CoinGecko. Prices quoted in USD are used in the bubble timestamping analysis and as exchange rates to convert the price of LAND NFT transactions.

With GBM's Win-Win auction model, even outbid participants are rewarded. Every bid is fully refunded if outbid, comes with an incentive reward based on auction mechanics, and contributes to true, onchain price discovery.

Over 90% of NFTs are now considered dead, having never been traded after minting, which highlights a significant issue in the current NFT marketplace.

Generative AI like DALL-E transforms children's sketches into realistic images, merging creativity with machine learning for innovative child development applications.

The $500K airdrop in My Neighbor Alice blends rewards, competition, and social tasks, aiming to reactivate dormant players and expand the community.