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NFTs

Apr 08, 2023

top web2 brands with their own nft collections

Some of the most recognisable brands in the world, including Lacoste, Nike, and Porsche, are placing large bets with their own NFTs collections.,**[Nike - RTFKT](https://twitter.com/RTFKT)** ,Nike is one of the most successful companies in web2, but it is also starting to move towards web3 by obtaining a patent for "CryptoKicks," a blockchain-connected shoes.Later in December 2021, Nike acquired NFT sneaker studio RTFKT Studios, marking Nike's major move in Web3, RTFKT is the studio behind Clonex NFT collection. RTFKT granted CloneX NFT holders commercial rights in February 2022, allowing them to create derivative projects, mint fan art, and make and sell merchandise featuring their NFT avatars.[Clonex Collection](https://opensea.io/collection/clonex) ,**[PORSCHE - PORSCHΞ 911](https://twitter.com/eth_porsche)** ,Porsche is a German automobile manufacturer that specialises in high-performance sports cars, SUVs, and sedans. In November 2022, announced its first official NFT collection "PORSCHΞ 911" As its first Web3 project, it is a collection of 7500 unique NFTs based on the vintage Porsche 911. Patrick Vogel, a Hamburg designer and 3D artist, will create each of the NFTs, which will be minted in January 2023. Because of the negative publicity surrounding the project, Porsche halted NFT minting at 2363 NFTs.,[PORSCHΞ 911 collection](https://opensea.io/collection/porsche-911),**[adidas Originals - ALTS by adidas](https://twitter.com/indigo_herz)** ,Adidas is the world's second largest sportswear manufacturer, and it has been at the forefront of the digital fashion revolution since purchasing a Bored Ape and landing in The Sandbox in 2021. As its pledge to the metaverse, the globally recognised lifestyle company released its own NFT "adidas Into the Metaverse" (Now ALTS by adidas in phase 3), Adidas Into the Metaverse NFT is a collection of 30,000 Ethereum blockchain digital collectibles. The project was co-created by notable figures Gmoney, the physical comic book PUNKS Comic, and the powerhouse Bored Ape Yacht Club.Its promise to the metaverse. Furthermore, through the launch, Adidas is going to explore every possible utility within Web3 in order to discover the potential of its wearables. ,[ALTS by adidas collection](https://opensea.io/collection/alts-by-adidas),**[Puma - Super Puma](https://twitter.com/PUMA)** ,PUMA is one of web2's most well-known and successful brands. PUMA was one of the first brands to register its ENS domain name PUMA when it began its web3 journey in February 2022. eth Since then, it has worked with coolcats, gutter cats, lazy lions, and the catblox NFT collection.PUMA launched its own NFT collection "Nitro pass" in August 2022, after working on all of the projects mentioned above. Puma later celebrated its 75th anniversary by releasing a new PFP NFT collection called "super puma" that featured its iconic mascot. A total of 10,000 Super PUMA NFTs will be included in this new collection, with a portion of them being airdropped to Nitro Collection NFT holders. Puma Nitro NFT project holders have access to futuristic and exclusive physical and digital sneaker drops.,[Nitro pass collection](https://opensea.io/collection/nitrocollectionpuma),[Super Puma collection](https://opensea.io/collection/super-puma),**[Gucci - 10KTF Gucci Grail](https://twitter.com/gucci)** ,Gucci is a high-end luxury fashion house that has also begun its web3 journey. SUPERGUCCI is a two-part series of ultra-limited NFTs co-created by Gucci's Creative Director Alessandro Michele and synthetic artists Janky & Guggimon in a groundbreaking collaboration between Gucci and Superplastic."10KTF Gucci Grail" is another unique collection of personalised NFTs created by Alessandro Michele and digital artisan Wagmi-san.,[10KTF Gucci Grail collection](https://opensea.io/collection/10ktf-gucci-grail),[UPERPLASTIC: SUPERGUCCI](https://opensea.io/collection/superplastic-supergucci),**[Lacoste - Lacoste UNDW3: Genesis Pass](https://twitter.com/LACOSTE)** ,Lacoste, a French clothing company, gained notoriety in the Web3 community with the UNDW3 NFT project. In June, An unsettling picture of a crocodile emerging from the water's depths can be seen in The NFTs. Lacoste sold 11,212 digital items that are inspired by its recognisable polo shirt, the L1212.,[Lacoste UNDW3: Genesis Pass](https://opensea.io/collection/lacoste-undw3-genesis-pass),**Thanks for reading❤️**

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NFT-startups raised funds

Mar 30, 2023

6 nft startups raised funds from ventures capitalists

Here are the six NFT startups that have raised funding from various venture capitalist firms in order to extend their business in web3 and become a main stream business.,**[1. Yugalabs](https://twitter.com/yugalabs)** ,Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) and new owners of the CryptoPunks and Meebits brands, raised a $450 million round from Andreessen Horowitz on March 22, 2022, at a $4 billion valuation. The funds will be used to grow the company's team, attract more creative, engineering, and operations talent, and for future joint ventures and partnerships.funding from other ventures seven seven six and 10T funds not disclosed anywhere, but yugalabs is on their portfolio list.,**[2. Doodles](https://twitter.com/doodles)** ,Doodles, a collection of 10,000 NFTs co-founded by digital artist Burnt Toast and Web3 pioneers Evan Keast and Jordan Castro, announced on September 13th, 2022 that it had raised $54 million at a $704 million valuation in a funding round led by Seven Seven Six, with participation from 10T Holdings, Acrew Capital. The funding will be used for 18 new full-time positions including heads of finance, marketing, and business affairs.,**[3. Proof (Moonbirds)](https://twitter.com/proof_xyz)** ,PROOF, a membership pass NFT collective, announced a $50 million fundraising round. On August 30, 2022, a16z led a funding round with participation from Seven Seven Six and True Ventures. According to CEO Kevin Rose, the funding will be used to deliver great products and services as the company matures over time.,**[4. Veefriends](https://twitter.com/veefriends)** ,Gary Vaynerchuk's NFT project VeeFriends received $50 million in seed funding from investing firm a16z On July 28, 2022. a16z, a leading investment firm, announced a $4.5 billion crypto fund to support Web3 startups. The funds raised will be used to scale the team, support expansion plans for its creative, technical, and experiential operations, and support the development of the 283 VeeFriends characters' future intellectual property.,**[5. ArtGobblers](https://twitter.com/artgobblers)** ,Art Gobblers is a decentralised art factory where artists/creators may sketch art using a drawing tool that is compatible with desktop PCs, iPads, and Cintiqs. This is a very unique NFT initiative and the collaborative output of Rick and Morty's Justin Roiland and Web3 investment business Paradigm, the size of the invested funds is not published anywhere but the project is backed by the venture capitalist firm paradigm. ,**[6. DigiDaigaku](https://twitter.com/DigiDaigaku)** ,Limit Break, the startup behind the DigiDaigaku NFT collection, has raised $200 million in two rounds of funding lead by crypto venture capital firm Paradigm on August 29, 2022. The funds will be utilised to create massive multiplayer online (MMO) web 3 videogames., ,**Know more about VCs**,[a16z](https://twitter.com/a16z),[Paradigm](https://twitter.com/paradigm),[776](https://twitter.com/sevensevensix),[10T Funds](https://twitter.com/10TFund),[Acrew Capital](https://twitter.com/AcrewCapital) ,**Thanks for reading❤️**

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top 10 expensive nft sales

Mar 27, 2023

top 10 most expensive nft trades from famous nft colletions!

Here are the top 10 NFT sales from the collection that were the most expensive. Expect cryptopunks collection's highest sales.,Ringer 109 from the Ringers collection by Dmitri Cherniak from artblocks sold for 2100 ETH ($7.1 million) on October 2, 2021, breaking the record for "most expensive NFT ever sold from collection." expect the legendary cryptopunks ,**Artist**,[Dmitri Cherniak](https://twitter.com/dmitricherniak),Ringer 879 also by same collection Ringers by Dmitri cherniak from Aerblocks sold for 1800 ETH ($5.8 million) on August 27, 2021, and this is the second most expensive NFT from the same collection ,**[3. Mega Mutant Serum](https://opensea.io/assets/ethereum/0x22c36bfdcef207f9c0cc941936eff94d4246d14a/69)** ,Mega Mutant Serum from the collection called Bored ape chemistry club( Bored Ape Chemistry Club consists of 10,000 Mutant Serums, to be airdropped to all Bored Apes yatch club holders) sold for 1542 ETH ($5.9 million) on January 02, 2022, this is the first most expensive trade of Yugalbs assets before acquisition Larvalabs,Dragon Blue VOX is the 1/1 NFT from the collection called VOX Collectibles: Mirandus by the Gala Games sold for 10.8 million Gala tokens (GALA is the core utility token for Gala Games) worth 1330 ETH ($5 million) on January 02, 2022,**Artist** ,[Tyler Hobbs](https://twitter.com/tylerxhobbs),**Buyer**,[Punk6529](https://twitter.com/punk6529),**[7. Sewer pass golden key](https://opensea.io/assets/ethereum/0x764aeebcf425d56800ef2c84f2578689415a2daa/21915)** ,The sewer pass is required to play the dookey dash game, and the top scorer Mongraal win the golden key. and sold it to Adam Weitsman for 1000 WETH ($1.6 million) on February 28, 2023,**Buyer**,[AdamWeitsman](https://twitter.com/AdamWeitsman),**Seller**,[Mongraal](https://twitter.com/Mongraal),[Tyler Hobbs](https://twitter.com/tylerxhobbs) ,**Artist**,[Snowfro](https://twitter.com/ArtOnBlockchain),**Thanks for reading❤️**

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Why are Bored Ape Yacht Club NFTs so expensive?

Mar 11, 2023

why are bored ape yacht club nfts so expensive?

The total sales volume for non-fungible tokens (NFTs) exceeded $10 billion in 2021, with Bored Ape Yacht Club (BAYC) NFTs among the most popular and valuable projects in the market.,Launched in April 2021, BAYC quickly gained a dedicated following from collectors who have driven up the value of these digital apes to astronomical levels. In the world of non-fungible tokens (NFTs), few projects have captured the attention and imagination of collectors quite like the Bored Ape Yacht Club (BAYC). Some of the unique digital apes have sold for millions of dollars.,In this article, we will explore some of the reasons why Bored Ape Yacht Club NFTs are so expensive and what factors contribute to their high value. Read on to get the 411.,Bored Ape Yacht Club (BAYC) NFTs are so expensive because of their rarity and exclusivity. There are 10,000 Bored Apes in existence—all with unique and interesting characteristics and combinations. Owning a BAYC NFT means you truly own a one-of-a-kind.,Collectors of NFTs and the like love exclusivity and scarcity. These two factors will drive a Bored Ape Yacht Club NFT price, create demand, and form a community.,Any good NFT project will have a sense of community surrounding it. The Bored Ape Yacht Club already has a strong community that truly believes in the project.,Aside from the community, there is a social status quickly forming around owning a Bored Ape Yacht Club NFT. When you own one, many collectors see a BAYC NFT as a symbol of prestige. This feeling only intensifies and expands if you have your hands on a rarer Bored Ape Yacht Club NFT.,When looking to purchase NFTs, some will speak to you and others won't. This is a highly personal thing.,So, when searching for a Bored Ape Yacht Club NFT, you will find something that strikes your fancy. When you know, you know.,Each BAYC NFT has its own set of traits, expressions, and accessories. Each one is distinct and engaging. The artwork is highly polished and well-crafted. Find an app that suits your personality and has the character you're looking for.,When you take a look at Bored Ape Yacht Club's branding and marketing, you can see why they are successful. The team behind BAYC, Yuga Labs, has created a compelling and captivating narrative around the project.,The social club that they have created focuses on luxury and exclusivity. When you look at a BAYC, you can feel the sense of identity surrounding it.,Bored Ape Yacht Club has reached new plateaus in terms of cultural significance. Since a big part of the Bored Ape Yacht Club Roadmap includes luxury, prestige, and notoriety, many celebrities and influencers have hopped on board.,In return, the Bored Ape Yacht Club NFT price and demand go up.,They say that imitation is the finest form of flattery, so there has been a wave of copycats and imitators. This further cements Bored Ape Yacht Club as one of the most significant and influential NFT projects to date.,When you buy NFTs from Bored Ape Yacht Club, you are also buying access to exclusive events and perks. For example, BAYC members have access to a private Discord server where they can connect and network with other members. They can also participate in exclusive events and experiences, such as yacht parties and private dinners.,These perks add an additional layer of value to the NFTs, making them even more desirable to collectors.,Another factor driving the high value of BAYC NFTs is the strong secondary market. BAYC NFTs have traded extensively on secondary marketplaces such as OpenSea and Nifty Gateway, with some of the rarest apes selling for millions of dollars. This active secondary market has helped to establish a clear and transparent pricing structure for BAYC NFTs, making it easier for collectors to determine their value and for sellers to get a fair price.,Many collectors and investors also see long-term potential in BAYC NFTs. As the project continues to grow and evolve, there is the potential for new features and experiences to be added, further increasing the value and utility of the NFTs. Additionally, the strong community and brand identity behind BAYC suggest that the project is likely to remain popular and relevant in the years to come, adding to its long-term value potential.,It's important to note that the high value of BAYC NFTs is not solely based on objective factors such as rarity and utility. Many collectors feel a strong emotional connection to their Bored Ape NFTs, viewing them as more than just a digital asset, but as a representation of their identity and membership in a community. This emotional connection can add additional value to the NFTs, making them even more prized possessions for their owners.,The high value of Bored Ape Yacht Club NFTs is the result of a complex mix of factors including rarity, community, branding, [emotional connection](https://www.psychologytoday.com/us/blog/art-and-science/202008/art-path-emotion) emotional connection, utility, and access to exclusive events. These digital apes have captured the attention and imagination of collectors and investors worldwide, with some of the rarest apes selling for millions of dollars.,While the high prices of these NFTs may seem irrational to some, they represent a unique example of how digital assets can take on significant cultural significance and value in today's market. As the NFT market continues to evolve and grow, it will be interesting to see how the Bored Ape Yacht Club Roadmap and other NFT projects continue to innovate and push the boundaries of what is possible with digital collectibles.,Keep up with the latest trends and updates in the NFT market right here.

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