1 year ago
China’s COVID-19 protests cemented arsenic NFTs
Nonfungible tokens (NFTs) depicting the ongoing protests successful China against the country’s pugnacious zero-tolerance COVID-19 argumentation person recovered their mode to the NFT marketplace OpenSea.
At slightest 2 collections person been created successful November, the archetypal is simply a Polygon (MATIC)-based postulation called “Silent Speech” featuring 135 NFTs depicting images of protesters, signage, graffiti and adjacent societal media screenshots related to the ongoing protests up for auction starting astatine 0.01 Ether (ETH), oregon conscionable nether $11.50.
A Silent Speech NFT titled “Beihang University” (translated) shows an representation of aggregate tealight candles wrong surgical masks. Candles are an often utilized awesome of remembrance.Another postulation titled “Blank Paper Movement” of 36 Ethereum-based NFTs with a level terms of 10 ETH, oregon astir $11,800, features a much creator instrumentality arsenic the images of the protests appears to beryllium painted.
Holding a blank expanse of insubstantial has emerged arsenic a awesome representing the suppression of code successful the uncommon and wide protests which person flared up crossed China since Nov. 14, starting with residents of Guangzhou, 1 of China’s biggest cities, tearing down constabulary barricades successful effect to COVID-19 related measures.
Demonstrators successful Beijing clasp blank pieces of insubstantial successful a rally against the communist government.
This thought developed during a pupil question by a radical of precocious schoolhouse students successful HK. pic.twitter.com/jRmnQ50Mlz
The protests intensified connected Nov. 24 arsenic a occurrence that time successful a high-rise gathering successful the northeastern metropolis of Urumqi killed 10 people.
Some Chinese net users judge residents weren’t capable to flight owed to utmost lockdown measures which person included authorities wiring oregon welding doors shut.
Candy Digital lays disconnected 100 staff
NFT institution Candy Digital has reportedly laid disconnected a sizeable information of its workforce amid turbulent crypto marketplace conditions and a monolithic dip successful NFT trading volumes this year.
More than one-third of the company’s astir 100 employees were chopped according to a Nov. 28 report from the sports manufacture outlet Sportico.
It’s unclear the crushed for the layoffs and if immoderate peculiar departments were affected arsenic Candy Digital has not publically addressed the layoffs. The erstwhile assemblage contented manager astatine Candy Digital, Matthew Muntner, successful a Nov. 28 Twitter station publically confirmed helium was portion of the unit cuts:
I hatred that I person to stock this arsenic overmuch arsenic I loved my occupation astatine @CandyDigital but I was portion of the layoffs that occurred earlier today.
I americium rapidly looking for a caller relation successful Community Management, Graphic Design, oregon related Marketing.
Thanks, Candy Fam for 1 hellhole of a thrust ❤️
Cointelegraph contacted Candy Digital for remark but did not person an contiguous response.
Candy Digital was launched successful June 2021, backed by sports e-commerce store Fanatics, crypto-friendly entrepreneur Gary Vaynerchuk and Galaxy Digital CEO Mike Novogratz.
The institution rapidly gained partnerships with sports leagues including Major League Baseball, NASCAR’s collaborative Race Team Alliance, and respective assemblage athletes. It was valued astatine $1.5 billion successful Oct. 2021 pursuing a $100 cardinal backing round.
Candy Digital’s layoffs travel others crossed exertion firms specified arsenic NFT protocol Metaplex’s Nov. 17 cuts of “several members” of its team, Meta’s Nov. 9 layoff of 11,000 employees, and Flow blockchain developer Dapper Labs’ Nov. 2 layoffs of astir 130 employees.
Bored & Hungry edifice runs pop-up astatine Phillippine blockchain week
The Long Beach-based NFT-themed burger edifice Bored & Hungry has acceptable up a pop-up store astatine the Philippine Blockchain Week which kicked disconnected connected Nov. 28 section time.
It’s the archetypal clip the edifice has operated successful South East Asia, the marque besides operated a pop-up gallic fry basal astatine NFT.London successful aboriginal November.
— Philippine Blockchain week (@philblockchain) November 27, 2022The edifice first opened successful April and is themed utilizing the owner's intelligence spot of his owned Bored Ape Yacht Club and Mutant Ape Yacht nine NFTs and accepted ETH and ApeCoin (APE) arsenic payment.
Around 2 months aft its opening, successful June, the store inexplicably stopped accepting cryptocurrency arsenic a signifier of payment, apt owed to the driblet successful crypto prices.
Ripple’s XRP Ledger hits caller grounds NFT sale
Ripple’s XRP Ledger blockchain has recorded a caller grounds NFT sale, with an XPUNK NFT — a clone of the fashionable Ethereum-native CryptoPunk NFTs — selling for 108,900 XRP (XRP), astir $44,000 astatine the clip of merchantability connected Nov. 25.
The #XRPL has a caller record! An @XRPLPUNKS NFT conscionable got sold for 108900 $XRP (44000 USD).
This is conscionable the opening for #NFTonXRP.
The merchantability was a effect of an unfastened auction with implicit 20 radical successful a Discord dependable chat according to the XPUNKS authoritative Twitter account. It refused to disclose the purchaser but said “the assemblage knows who it is.”
Related: The metaverse is simply a caller frontier for earning passive income
The XRP Ledger introduced NFTs connected Oct. 31 with the instauration of the XLS-20 modular that was archetypal projected connected May 25, 2021, the NFTs diagnostic “automatic royalties” for creators.
More Nifty News
The community-led decentralized autonomous enactment (DAO) made up of ApeCoin holders launched its ain NFT marketplace connected Nov. 24 featuring lone Yuga Labs-backed collections.
Following the astonishment win of the Saudi Arabian shot squad astatine the FIFA World Cup implicit Argentina connected Nov. 22, the level terms of a Saudi Arabian-themed NFT postulation unrelated to the squad jumped by 52.6% with immoderate appearing to presumption the tokens arsenic an indirect mode to stake connected the occurrence of shot teams.
English (US) 