NFT News Update, Nov. 11th 2021
Written by Will
Welcome to the weekly NFT News Update! We’re your hosts, Scott Chestnut, Summer Horsgrav, and Tyler withspaces. Our Special Guest this week is Cornelius and Jabronius from Corn and Friends , we talk about the upcoming Corn Gang drop and the Animated series.
Watch the show here — NFT News Update
Streamed on the NFT Update channel — YouTube
Contents
- CNFT Marketplace News
- Cardano News
- Events, Contests and Giveaways
- Hot Topics
- Drop It Like It’s Hot!
- Projects to Watch
CNFT News Portrait Drop
Our 1st CNFT News Drop is live. 502 NFTs | 20 ADA | 120 Designs
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SushiBytes — Website | Twitter | Discord
Bullz vs Bearz — Website | Twitter | Discord
ChronoScapes — Website | Twitter | Discord
JurassikChained — Website | Twitter | Discord
CNFT Marketplace News
SpaceBudz In TimesSquare
@budzdegen recently tweeted a video of an enormous ad in Times Square by the Nasdaq featuring SpaceBudz. The ad will be running there until November 14th. In a 2nd Tweet budz degen explained that this was a group effort between 13 people who chipped in to make the ad happen.
Genesis Auction House
Remember a long time ago (last week) when we mentioned that the new NFT marketplace Genesis Auction House launched their Smart Contracts but were still in Beta. Well now Smart Contracts have been fully integrated into their platform.
JPG.Store
Another Brand spanking New NFT marketplace jpg.store has popped up seemingly out of nowhere. It‘s a Smart Contract enabled marketplace that utilizes Nami Wallet to interact with the Smart Contracts. They also support royalties for the NFT creators. You can find a video of a Buy and Sell transaction in the announcement tweet as well. See the tweet here
What’s that Wallet Worth?
Website | Twitter | New Calculator Tool
CNFTWhales.com is a tool you can use to check the floor price on several CNFT projects. The Whales part of the name is because you can also use the tool to see which wallets are holding the most NFTs from those projects. The developer behind the project recently tweeted about a new Calculator tool that can be used to get a rough estimate of the total value of the NFTs you have in your wallet. Enter your staking address and you will get a Total Wallet Value in ADA. As they mentioned in the tweet this is a low estimate because the tool can not take into account any rarity differences in an NFT; it simply calculates the value by the Floor price.
Adobe Photoshop NFT
In a recent article from TheVerge.com they reported that Adobe is launching a system built into Photoshop that can help prove the person selling an NFT is the person who made it. It’s called Content Credentials; NFT sellers will be able to link their Adobe ID to their crypto wallet. The “prepare as NFT” option is expected to launch in preview by the end of this month. The attribution data created will live on an IPFS system. This is meant to be used as a tool to prove the authenticity of an NFT you created. Read the article here
cNFTcon Legacy Pass Airdrop
This past weekend all Legacy Pass holders had 26 CNFTs airdropped to their wallet. Per a Tweet from Adam Dean the rough estimate on the cost to airdrop all those NFTs was about 15k ADA. Although there are 2,500 Legacy passes not everyone got the same airdrops. There were a few different versions of some of the NFTs including a 1 of 1 from our own TYLR withspaces. The serious collectors ran to the secondary market to grab the NFTs they were missing.
Human One sold for 25 Million
Per an article from Forbes well known NFT artist Beeple sold his first physical art for $25 million at Christie’s which came out to nearly 29 million after you add the fees. “Human One” is a 7 foot tall box of LED screens playing a loop of an astronaut walking through different backdrops. Beeple plans to continuously update the artwork overtime. Read the article here
Cardano News
PAB on Cardano Testnet
See the tweet here
Per a tweet from IOHK a beta version of the PAB (Plutus Application Backend) has been released on the Cardano testnet. They have invited developers to test it out and provide their feedback. Hopefully the PAB will be going live on the main net soon. The PAB is necessary for dApps to be able to interact with the Cardano blockchain. Once this is released on mainnet dApps and DeFi will not be too far behind.
On-chain Activity to the Moon
See the tweet here
In a tweet from The Cardano Foundation they noted that in October the Cardano on-chain activity grew by 50%. The number of transactions was almost double all of 2020’s transactions. There were a total of 2.62 million transactions in October.
Project Catalyst Fund 7
Project Catalyst Fund 7 has started as of Wednesday November 10th with over 8 million available in funding for projects building on the Cardano blockchain. Find the tweet here
Over 400k Trees Funded
Per the Cardano Foundation over 400,000 trees have been funded for the Cardano Forest. We are nearly halfway to the goal of 1 Million. You can still donate to help reach that goal. 1 Tree will be planted for every 1 ADA that is donated. See the tweet here
Optimizing Cardano
Congestion of the Cardano network has become a pain point during large CNFT drops. In a recent Blog Post from Tim Harrison he discussed the network congestion and some possible improvements that can be made. In the blog he mentions that on average only 25% of the Cardano block’s capacity is utilized in a given epoch. So there is spare capacity to process an even larger number of transactions. Due to large NFT drops there has been an increase in waiting time for a transaction to process during the drop. This is due to several users trying to purchase an NFT at the same time which causes a huge demand on the network. Some ways to improve this include increasing the Block size, increasing the Mempool size and script compression. Each of these changes do come with their own pros and cons which are explained in detail in the blog. As stated in the blog in the short term they plan to be able to ease the congestion during large NFT drops by more evenly spreading the stake distribution and reward distribution computation. This should result in increased block size and will eliminate pauses and congestion at epoch boundaries. Read the blog here
Events, Contests and Giveaways
Low Effort Naru
Yummi Universe is holding a Low Effort Naru contest. Finally an Art contest where anyone can enter no matter your skill level. The winner will be chosen on 11/14 and will get a Spoopy Naru.
The Gift Shop
Announcement |TYLR withspaces | Mr. Wolf | Smitty Studio | Reiko
Our very own TYLR withspaces will be hosting a Twitter space along with Mr. Wolf, Smitty Studio and Reiko to talk about Art. The Space will be held on Friday November 12th at 15:00 UTC.
Veggie Mates
Paul Thomas of Good Charlotte, one of the people behind the Veggie Mates CNFT project, is holding a giveaway for a 1of 1 Good Charlotte Veggie to celebrate the Veggie Mates twitter reaching 1k followers. To enter you have to retweet the tweet, follow Veggie Mates and say Hi in their discord. Winner announced 72 hours after the tweet went up.
Equine NFT
Equine NFT is holding a giveaway for a Celebration Poster NFT. To enter you have to Follow @EquineNFT and Quote retweet the tweet with the hashtag #EquineGiveaway. 50 winners will be chosen by 12pm UTC on Saturday November 13th.
Hot Topics
CNFT — The C is for Community
A project named UnderWater Club is the most recent NFT rug pull. Unfortunately this scenario is becoming a more common thing around here. It seems that after an underwhelming number of mints from their 1st drop and their Halloween Drop where only 666 NFTs were available; they decided to abandon the project. Like the Derp Birds and ADA Ninjaz teams have done before, the Hornnies NFT Team and Tyler from BitFins have teamed up along with several other projects to help out those affected by this rug pull. They plan to facilitate an airdrop along with all the projects involved (find a list below). A snapshot has already been taken which they will use to confirm the wallets and the number of NFTs in that wallet. The form to participate must be filled out by November 22nd. Find the tweet here
Hornnies | BitFins | OceanPals | Mutant Crocs | Pixel Links Golf | Crypto Raggies | Zi Project | Street Art CNFT | Beach Whales | Crypto Dognuts | Monstars Club | BrickWrld | CreepyCardanos | MACH 5 GIRL SQUAD
Looks Rare
Clay Mates — Website | Twitter | Discord
Snoop Dogg recently tweeted out that he wanted to see some emerging artist NFT Drops. The Clay Mates responded with a claymation tribute to Snoop. Looks like this one caught Snoop’s attention as he retweeted it and commented “Looks Rare”. This is Huge for the CNFT space, at the time of writing, the video has over 260k views. Snoops tweet has over 10k likes. Fingers crossed that this results in a Collab between The Clay Mates and Snoop. This even got the attention of Charles Hoskinson who retweeted it as well. Only time will tell what the result of this will be but never underestimate The Clay Mates team. Who remembers when The Clay Mates also created something for Busta Rhymes?
See the relevant tweets Snoop Dogg | Charles | Behind the scenes | Busta Rhymes
CardaLordz
The 1st time I heard of CardaLordz was from a retweet on November 1st that came from Brian of Hero Pool. The tweet said that the team from the CardaLordz project came into their Cardano over coffee twitter space and basically admitted to paying for followers. The CardaLordz twitter account was created in September and they currently have over 17k followers. A tweet from Abe of CardanoWaifus explained that during a CardanoNights Twitter space The CardaLordz showed up but per the tweet when they did, multiple speakers came on who were not familiar to any one and they started being extremely rude. Abe also posted a small clip from the show where a woman comes on as speaker and curses everyone out. The CardaLordz are saying that these people are not with them and they are being trolled which may be a result of a promo video they paid for from The Island Boys. Jack Graham, is the Director of Projects with Nakamoto Labs which is the company behind the CardaLordz project. He was practically put on trial by the CNFT Community during a different Twitter space. Jack was given the chance to admit to buying followers but he says that they gained those followers from giveaways. CardaLordz was not in the Twitter space but to be fair Abe admitted to blocking them so they could have been trying to join in. There’s a lot more to this situation other than just buying followers that sparked some questions from the community. The CardaLordz are currently holding a pre-sale where you can purchase Lordz ahead of the drop but you only get a 3rd of what you buy on the 18th for the next 3 months. On the form it states this is to prevent oversaturating the market? There were also some questions about their art but per Jack the artist has been replaced. The community is protective and they will speak up whenever they feel like a project is questionable.
Abe’s Tweet | Brian’s Tweet | Jack’s Tweet | Jenny’s Tweet | IslandBoys | Reaction1 | Reaction2
Cardano Node Tutorial
Part 1 of the Tutorial Stale Dev promised to release along with Jack Ingram has been released.
Drop It Like It’s Hot!
Upcoming drops & ongoing sales
Veggie Mates
Website | Twitter | Discord | Richard Lim
Veggie Mates is a CNFT collection of Vegetables and Junk Food. In a trailer they released it explains that the Veggie Mates and the Junkies live in a Post apocalyptic world in the year 3021. The Veggie Mates need to eat the Junkies to survive but the Junkies need to eat their veggies. It’s a fight for survival between the Veggie Mates and the Junkies. The artwork is hand sketched by artist Richard Lim. Each character has a different body type. Season 1 will be the Veggie Mates collection and Season 2 will be the Junkies collection. There will be 10k NFTs available for this drop. Paul Thomas of Good Charlotte is also a part of the Team behind this project.
Broc Li | Pepper Gang | Spudz | https://twitter.com/VeggieMatesNFT/status/1456401547298959360
Drop Date — Wed. Nov. 17th at 21:00 UTC | 50 ADA | 1 per transaction | 10k Available
Corn Gang
Corn and Friends are working towards becoming the first Animated Series on Cardano. This drop will feature 10k Unique Corn Gang CNFTs. 150+ traits will be available. Owning one of these NFTs will get you exclusive access to the Animated Series when it is released. The storyline for the series will be community driven.
Announcement tweet here — Examples — Example 1 |
Drop Date — Wed. Nov. 17th at 18:00 UTC | 20 ADA | 10k Available
Nano Chess
This is a 100% On-Chain Chess board NFT by 3D Mint Lab. The NFT also includes an A.I. opponent and like they said in the tweet “Can you beat 5kb of code?”. If an On-Chain Chess Board wasn’t cool enough there’s also rarity including color, style and skill.There’s 10k NFTs available. Minting is live right now for 52 ADA.
CC Vault
Website | Twitter | Discord | mesmerizer — Example
CC Vault formerly CC Wallet is a Cardano light wallet built by the developers behind the community stake pools TITAN and AHL. This wallet has grown in popularity amongst the community. They are currently holding a fundraiser so they can afford to expand the team to further develop the wallet. They created a CNFT collection called the mesmerizer 2021. This is a completely on-chain canvas animation NFT. 10 patterns will be available with 1k tokens of each pattern and 5 rarities. Mint price is 22 ADA They also plan to implement additional utility for an upcoming feature of CC Vault. The Drop is live right now.
Bullz vs Bears
An epic battle is brewing between the Bullz vs Bearz. Their 1st drop will be 2,500 CNFTs at 25 ADA each. Each NFT has different attributes ranging from platform, body color to hat, weapon and other items. There will also be some Unique 1 of 1 collabs with other CNFT artist. The 1st one announced is a Collab with Fancy Foxes. See it here
The Rug Pull
The Rug Pull is a 10k CNFT collection of premium rugs, digitally woven pixel by pixel. As their Twitter profile states they are guaranteed to sweep you off your feet. This project is not making any grand promises but just trying to have some fun with the term Rug Pull.
Drop Date — Sat. Nov. 13 at 12am UTC | 29.99 ADA | 10k Available
Mute Mutants Club
Website | Twitter | Discord | Launch Trailer
The Mute Mutants is a collection of 4,444 CNFTs featuring unique designs and bright colors. These NFTs feature 79 different backgrounds, 19 base characters, 77 different assets (such as hair, hats, tails, wings etc.) but there will be no rarity ranks. They will have 2 drops; this first one being for 2,222 NFTs. No date on the 2nd drop yet. They have plans to further develop the brand with Merch and hope to work with different brands/skate shops in the future. Holders of their NFTs will receive royalties.
Example | Example 2 | The Making of Mute Mutants
Drop Date — Fri. Nov. 12th at 11pm UTC | 44 ADA | 2,222 Available
Traverse by Necksmile
Website | Twitter | Announcement tweet | Example
Liberty from Tokhun.io has released an album as a CNFT. It’s a 10 track album plus a bonus. This is not the first album released as an NFT but it is the first album on Cardano that has a built in player. It’s currently available for 10 ADA.
Projects To Watch
Gene Reefs
Gene Reefs is a Collection of 8,888 Coral CNFTs growing, evolving and fully on-chain. This project was created to raise awareness of coral reefs and how we humans are destroying the wonders of the ocean. The reefs will slowly and progressively transform. 25% of the generated proceeds will be donated to the coral reefs that inspired the project. The collection is set to release on December 19th at 8am UTC.
Example 1 | Example 2 | Example 3
Angel Baby Hit Squad
Angel Baby Hit Squad is a project created by several prominent people in the CNFT community but this project will be released on Ethereum. The idea is to expose NFT collectors on Ethereum to the CNFT space via Airdrops featuring Artists from Cardano. Several of the Cardano Artists that will be featured have been announced. It’s going to be exciting to see what the result of this drop will be.
Happy Hoppers | TYLR withspaces | Joseph Miranda | Mr. Intangble | Yummi Universe | Bizarre Stars | glus | Chadi Nassar | Jason Matias
RoboRobo
RoboRobo is a collection of randomly generated 3D Robot CNFTs that will be used for a text based game. There will be multiple seasons; for the first Season there will be 2,500 NFTs available. Per their Whitepaper you will be able to Battle using your RoboRobo NFT to win $ROBO tokens. Eventually you will be able to use your $ROBO tokens to get power-ups and upgrades for your RoboRobo. A Beta for the game is expected to be released sometime during Q4 2021. There are no details for release date or Mint price at the moment.
Examples | $ROBO Token | Behind the scenes
Benjamin’s Club
Twitter | Zigor | Oscar Llorens | Crypto Poopy | Co-Founder | Oscar Llorens Website
There’s not a ton of info available about Benjamin’s Club but this is an invite only auction. The current auction being held is for the CardanOrigin series by Oscar Llorens. Oscar Llorens is an artist that has worked with The Washington Post, Vanity Fair, Coca-Cola, United Nations and Cirque du Soleil. Oscar Llorens is also the artist behind the Crypto Poopy project that is currently available on Open sea. Those who are lucky enough to be invited to this exclusive club are receiving a Crystal NFT created by Zigor, another artist working with Benjamin’s Club.The Crystal is evolving over time. Check it out here I believe this project is intending to expose major artists from Ethereum to the CNFT space.
Thanks for reading! Comment below with your thoughts on any of these happenings & on our News show / this post :)
♥ The NFT News Update Team
