Categories
NFT

What is Arbitrum: An In-Depth Guide to the ETH Scaling Solution

This is your comprehensive guide to all things Arbitrum and Arbitrum NFTsa layer 2 scaling solution for Ethereum. We’ll explore the basics of Arbitrum, delve into the various use cases within the ecosystem, and highlight some of our favorite projects.

Whether you’re day one casual or L2 power user, this article will help you break through the Twitter noise and discover the potential of Arbitrum.

RELATED: Sotheby’s to Host Record-Breaking Auction of 3AC’s Prestigious Generative Art Collection

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What is Arbitrum?

Let’s start with the basics. Arbitrum is a scaling solution designed to address the scalability and high transaction fee issues on the Ethereum network. Most Layer 2s (protocols built on mainnet networks like Ethereum) solve for this problem in their own unique way.

What makes Arbitrum more scalable? Well, Ethereum is open-source. So anyone can read the code. Developers took the best goodies from Ethereum, identified key problems they wanted to solve for, and spun up a new offspring that fixed their problems. In essence, scalability was the focus of Arbitrum’s birth.
Developed by Offchain Labs in 2021, Arbitrum aims to enhance the user experience and expand the possibilities of dApps – with scalability and low transaction costs at its foundation.

What are Arbitrum tokens?

Arbitrum has its own native coin, known as the Arbitrum Token ($ARB).

This token is utilized within the Arbitrum ecosystem for various purposes, such as gas fees and network governance. So if you are transacting within the Arbitrum network, you can use ARB to cover your costs. If you are a developer, you can make governance decisions based on how many tokens you hold.

Arbitrum supports the seamless transfer of Ethereum-based assets to the layer 2 solution, allowing users to utilize their existing ERC-20 tokens and NFTs on Arbitrum. That’s how we get Arbitrum NFTs. These assets, known as Arbitrum L2 tokens, provide compatibility and interoperability between the Ethereum network and Arbitrum.

In June 2023, Circle announced a native $USDC token built on Arbitrum.

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According to Circle, businesses can now access on/off-ramps for Arbitrum USDC and readily swap USDC across supported chains – avoiding the costs and delays associated with bridging. This is a big deal – USDC is a stablecoin pegged to the US dollar, and thousands of enterprises interact with Circle to use USDC as part of their treasury.

Understanding the Arbitrum ecosystem

So we know what Arbitrum is, and we know it has a token. Let’s get a bettter understanding of the Arbitrum ecosystem – comprising various components that contribute to its functionality and growth.

One crucial element is the Arbitrum Bridge, which facilitates the movement of assets between Ethereum and Arbitrum. Remember we spoke about L2 tokens like Arbitrum NFTs? This is an example of where a Bridge comes in handy.

The Bridge allows users to deposit and withdraw their funds, bridging the two networks (Ethereum and Arbitrum) seamlessly. Moreover, users can add Arbitrum to their crypto wallet by following a simple process. This integration grants them access to the Arbitrum network, where they can interact with decentralized applications built on Arbitrum.

What is an Arbitrum DEX?

An Arbitrum DEX refers to a decentralized exchange that operates on the Arbitrum network.

Major DEXs like Uniswap and 1inch integrate Arbitrum as part of their multichain toolkit, whereas some DEXs solely operate there. Here’s a list of 32 Arbitrum-compatible DEXs to help you get started.

These type of exchanges leverage the benefits of Arbitrum’s scalability and low transaction fees to provide efficient and cost-effective trading experiences. Users can swap their tokens and engage in trading activities without the bottlenecks commonly encountered on the Ethereum mainnet.

With Arbitrum’s enhanced throughput, DEXs on this layer 2 solution offer a more seamless and enjoyable trading experience. You’re welcome.

Some Examples of Top Arbitrum Projects

The Arbitrum ecosystem has witnessed the emergence of several innovative projects. ETH maxis like Bankless (yeah you heard me) absolutely geek out over this stuff. Here are some of the top Arbitrum projects by TVL (total value locked) as of February 2023:

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One notable example is Uniswap (mentioned above), an industry-leading DEX that allows users to quickly and efficiently swap tokens within their compatible chains. You can really feel the difference using Uniswap on Arbitrum.
Notably, GMX tops the list – practically 4x the TVL of Uniswap on Arbitrum. GMX is another DEX that offers high-leverage trading. That’s defi talk for high-risk, high-reward.

How to buy Arbitrum:

To buy Arbitrum, you first need to acquire Ethereum (ETH) since Arbitrum is built as a layer 2 solution on top of Ethereum.

Once you have ETH, you can visit supported exchanges and platforms to swap your ETH for ARB tokens (like the ones we mentioned here). It’s crucial to ensure that you are using a reliable and reputable exchange to safeguard your assets.

Following the token acquisition, you can then bridge your ARB tokens to the Arbitrum network to participate in the ecosystem and start playing around.

What are Arbitrum NFTs?

We touched on them above, but we’ll get a bit more granular here.

Arbitrum NFTs are non-fungible tokens that exist and operate on the Arbitrum network. These NFTs retain all the unique properties and characteristics associated with traditional Ethereum NFTs, such as digital artwork, collectibles, and in-game assets. But with a little developer hot-sauce you won’t find on L1 ETH.

By leveraging Arbitrum’s scalability and cost-effectiveness, Arbitrum NFT creators and colllectors can enjoy a more seamless and affordable experience when minting, trading, and interacting with Arbitrum NFTs. This opens up new possibilities for artists, creators, and collectors who can now explore the vibrant world of NFTs without the limitations of high gas fees.


One prominent example of an Arbitrum NFT is The Lost Donkeys, a Game-Fi and PFP project living on Arbitrum. Birthed as a free mint May 2022, in just over a year they have done over $1.1m in third party sales volume.

Benefits of Arbitrum

When compared to other layer-2 solutions, Arbitrum has many benefits, including:

Low cost

Considering Arbitrum is a layer-2 solution, the highly efficient rollup technology cuts costs to a minimum. Even though transaction costs are lower, Arbitrum still provides nice incentives for its validators.

High EVM compatibility

Arbitrum is EVM-compatible, meaning that developers from the Ethereum blockchain can use any language, such as Solidity and Vyper, to build on Arbitrum. No new language is necessary to learn.

Developer tools

Developers can use tools that already exist on Ethereum, which means there are no plugins that are necessary to download. It’s basically a turn-key solution for Ethereum developers.

Expanding ecosystem

Arbitrum has fostered partnerships with multiple Ethereum DApps and infrastructures, including DODO, Sushiswap, Uniswap, and many more.

Arbitrum is a leading blockchain solution

You know how someone brings up yellow cars and then you start seeing them everywhere? That’s going to happen with Arbitrum. Look around Twitter and eavesdrop on developer happy hour convos and you’ll hear it over and over.

Arbitrum is revolutionizing the Ethereum ecosystem by providing a scalable and cost-effective layer 2 solution. With a relatively liquid native token, ARB, and seamless interoperability with Ethereum, Arbitrum offers users a smooth experience to enjoy the benefits of dApps and NFTs.

So yeah, we’re hyping it up. But the Arbitrum ecosystem is still in its infancy and growing, attracting more innovative projects and helping to facilitate the growth of the crypto community with their shameless shillers looking to promote their projects and pump their bags.

I highly recommend playing around and exploring Arbitrum if you want to expand your knowledge of the web3 ecosystem. Dive into the Arbitrum ecosystem, add some ARB to your wallet, explore the Arbitrum DEXs, scoop some cheap Arb NFTs, and you may stumble on a hidden gem or two.

Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial or investment advice. Always do thorough research and consult with a professional before making any investment decisions in the cryptocurrency space.

Categories
NFT

How to Buy VeeCon 2023 Tickets

Veecon 2023 is almost upon us.

As we inch closer to the May 18-20 convention in Indianapolis, you may have some questions such as how to get a ticket and which locations the different events will be held at. I’ll have more of that information for you in the coming weeks, but in the meantime I have an exciting update for VeeFriends Series 1 holders.

The highly anticipated VeeCon 2023 Ticket NFTs have been airdropped to VeeFriends Series 1 holders wallets from a snapshot taken on March 7th at 5:55 PM EST. 

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Here’s the deal:

Each VeeFriends S1 NFT held in your wallet at the time of the snapshot received the equivalent amount of VeeCon 2023 ticket(s) which serves a dual purpose as it grants entry to the event and is also a collectible NFT, creating a unique and verifiable experience for attendees that will forever live on the blockchain.

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Airdrop Ticket Information

Each ERC-721 VeeCon 2023 Ticket NFT is a verifiable ticket for admission to VeeCon 2023, a multi-day event exclusively created for the brightest minds of tech, business, and popular culture. The VeeCon 2023 Tickets NFT content will continue to evolve as the 2nd annual event nears closer.

To attend VeeCon 2023, attendees must create a VeeFriends Account and link the wallet that holds the VeeCon 2023 Ticket NFT(s) to their profile. By doing so, attendees will only need to log in to the VeeCon App and DO NOT need to bring a mobile-compatible NFT wallet to verify entry at the event. The VeeCon App will be released in May 2023 on iOS and Android and will be used for event registration, verifiable ownership of the NFT, and programming.

What If My Ticket Doesn’t Work?

If for any reason your ticket does not scan at VeeCon 2023 after following the registration process above, tech support will be onsite to assist you, so please come prepared. 

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How to Buy a VeeCon Ticket

VeeCon 2023 tickets can now be purchased through the official OpenSea Collection and other secondary markets. We know buying a VeeCon 2023 ticket might seem daunting to those unfamiliar with the Web3 world, but just consider the process another step in all the growth and learnings you are going to take in through the convention. Purchasing a ticket can be done effortlessly by adhering to some very simple steps which you can check out through an instructional blog HERE or through the official website ticket page.

Once again, VeeCon 2023 will be held in Indianapolis, IN, at White River State Park, TCU Amphitheater, and Lucas Oil Stadium from May 18-20, 2023. In the meantime, we’ll be sure to keep you posted with more information as it becomes available.

See you in Indy!

Categories
NFT

1/1 Artist Spotlight: Habiba Green

ONE37pm’s 1/1 Artist Spotlight is a series that focuses on giving love to 1 of 1 NFT Artists. Whether they’re from the traditional art world or just got started in art through web3, we want to highlight and help you get to know those who are up and coming.

A 1/1 NFT is a unique, one-of-a-kind digital collectible where no other exists other than the piece itself. We hope to introduce you to talented and incredible people in the NFT space and the reasons they love doing what they do.

Habiba Green is a contemporary minimal-realist artist who lives in London, UK. Largely driven by her own experiences. Her universe revolves around themes of anxiety, uncertainty of emotions, loss and regeneration.

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ONE37pm had the opportunity to interview the rising artist and learn more about her unconventional start to NFTs, her goals in the space, and more.

How has your artist jour­ney changed since join­ing NFTs? How did you start?  

Back in 2021, I had an in­ter­est­ing and un­usu­al way of dis­cov­er­ing the space. I was  liv­ing com­plete­ly un­aware of the meta­verse and iron­i­cal­ly enough, one of my longest in­tern­ships was about Art & Tech­nol­o­gy.

One day around July of 2021, I received mul­ti­ple dms on my in­sta­gram from peo­ple I didn’t know. I tru­ly thought it was all spam, so I ig­nored them. Un­til an artist and friend that was in the NFT space mes­saged me saying ,”Habi­ba! Your art is be­ing stolen and mint­ed on foun­da­tion, and also the auc­tion is live.” I replied, “In a fundrais­er (char­i­ty)! What a shame.”

Then she ex­plained every­thing to me and I re­mem­ber my­self en­coun­ter­ing di­verse feelings. I didn’t know what to do. I felt help­less. Then cre­at­ed a twit­ter ac­count and  that same day, the whole com­mu­ni­ty, es­pe­cial­ly the #an­i­fam sup­port­ed the cause in­ac­ces­si­bly to take the piece down and we fi­nal­ly did! The funds were re­turned to its bid­der and since then I start­ed to or­gan­ise every­thing to start my jour­ney in  the Space.

I was shocked from the sense of com­mu­ni­ty, com­ing from IG that is  more vis­ual ori­ent­ed with a changed con­cept, it was in­deed heart­warm­ing. I  couldn’t be­lieve that this space tru­ly ex­ist­ed. That same week I sold 5 art­works in one night while I was asleep. The bids were dou­ble its price, also the stolen piece was sold. I couldn’t be­lieve it. I cried of hap­pi­ness. I was the stereo­typ­i­cal full-time  starv­ing artist from web2. I was in debt and that same day I was debt free and surround­ed by the most fun­ny, tal­ent­ed and amaz­ing peo­ple. The good part is as tradi­tion­al artist, I al­ways had a plan B and that plan was to quit if every­thing went  wrong one day. The Space gave me a rea­son to con­tin­ue do­ing what In was born  for. And I’ll al­ways be im­mense­ly grate­ful. 

Do you pre­fer phys­i­cal or digi­tal art?

I start­ed work­ing with digi­tal tools in 2021, I used to be a tra­di­tion­al artist. I love  both, but I be­lieve that the use of mixed me­dia is the per­fect com­bi­na­tion to in­tegrate the qual­i­ties of both worlds if that makes sense. 

How would you de­scribe your art style? 

I am fas­ci­nat­ed by the Non-fini­to, the Ital­ian ex­pres­sion that lit­er­al­ly rep­re­sents  which is ap­plied in artis­tic con­texts to works to which an aes­thet­ic val­ue is at tributed pre­cise­ly be­cause of their im­per­fec­tion or lack of fi­nal art. Just like the Japanese phi­los­o­phy of Wabi-sabi, shares one of my main mantras: Im­per­fect, in com­plete, and im­per­ma­nent, like life it­self. To me a form of art and to some a dev as­tat­ing truth. These two con­cepts, helped me de­vel­op my art and also, to helped  me to find en­joy­ment in those art blocks and the frus­tra­tion that comes with this career. The un­fin­ished is like a mem­o­ry, I want to trans­mit to the view­er that in my art work you can al­ways in­ter­pret a dif­fer­ent end. 

Who or what are some of your big­gest in­spi­ra­tions? 

Too many! Clas­si­cal art: Ca­ra­vag­gio, Hen­ri Re­nault, Fran­ci­sco de Goya, John Wil liam Wa­te­rhou­se, John Sin­ger Sar­gent, Dan­te Ga­briel Ro­set­ti, Hie­ro­ny­mus Bo­sch.

Mo­dern: Mark Ro­th­ko, Brid­get Ri­ley, Pi­cas­so, Egon Schie­le, Al­fred Ru­bin, Hop­per,  Klimt, Joan Miró, Man Ray. 

Con­tem­po­ra­ry: Louis De Bor­geois, Yo­shi­ta­ka Ama­no, Sa­to­shi Kon, Da­niel Se­gro­ve,  Guim Tio, Con­rad Ro­set, Pau­la Bo­net, Mar­ti­ne Jo­han­na, Ale­xan­dra Le­vas­seur, Emi lio Vil­lal­ba, Tom Ro­sen­thal, Gil­lian Wea­ring, Ba­squiat. 

What is your favourite piece? 

Above The Fire, 2022. Is a piece made in­tu­itive­ly ex­press­ing an es­tate of obliv­ion.  Is about be­ing hum­bling your­self and to step back even in when in that state is al most im­pos­si­ble. 

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What do you hope to ac­com­plish in the next year? 

I would like to get more be­hind the scenes as a cu­ra­tor. I’ve some­thing in­ter­est ing com­ing up for Women’s day. I al­ways try to or­gan­ise some­thing es­pe­cial, as it’s  a day to com­mem­o­rate our his­to­ry. Es­pe­cial­ly as women in the art field, is one of  my most favourite and in­spir­ing dates for me! I’d like to be able to gath­er tal­ent­ed  artists to do some­thing be­yond mon­e­tary rea­sons and more ac­tivism ori­ent­ed.

When do you feel most in­spired to cre­ate? 

When I don’t ex­pect it! A con­ver­sa­tion with a friend is the most pow­er­ful tool for inspi­ra­tion in my opin­ion. Then is when I hide my Cell­phone and iso­late my­self for  days, it comes in waves and I love when it hap­pens. 

Who are 3 artists you have your eyes on at the mo­ment? 

Tony Wall­strom, Shak­ti Gomez and An­ton Mar­rast. Very dif­fer­ent, 3 incred­i­ble tal­ents. To me the most promis­ing in the long term. 

What ad­vice would you give to an artist start­ing in the space right now? 

To take breaks, To stay kind what­ev­er hap­pens and to think long-term. The space is  over­whelm­ing and learn­ing to si­lence the noise to fo­cus is a skill that I think is bene­fi­cial for all. Also to don’t be afraid to par­tic­i­pate in the op­por­tu­ni­ties that the  space brings, we all had a first time in some­thing! 

Would you rather be re­lat­able or as­pi­ra­tional to your au­di­ence? 

I’ve al­ways seen my­self as a per­son that hap­pen to be some­how rel­e­vant with­out  in­ten­tion­al­ly want­i­ng. So def­i­nite­ly re­lat­able even it could be per­ceived the oth­er  way. Most of the big­gest in­flu­ences of our time had be­come as­pi­ra­tional even af­ter  death. My mantra is in­clud­ing “re­al­i­ty” To the mat­ter, so I per­son­al­ly feel clos­er to a  re­lat­able fig­ure. I think both are im­por­tant and de­pend­ing of the au­di­ence, the cate­go­ry goes ac­cord­ing­ly. I think that in the end it doesn’t mat­ter be­cause one finds the oth­er si­mul­ta­ne­ous­ly. Both are es­sen­tial. 

Categories
NFT

Everything You Need to Know About Eco-Friendly Crypto

I know what you’re thinking. How can crypto be eco-friendly? Well, certain cryptocurrencies can be considered eco-friendly, especially compared to other forms of digital technology. This article will tell you everything you need to know about eco-friendly crypto.

RELATED: The 8 Best NFT Marketplaces to Explore Right Now

As a (well-informed) climate optimist, I believe we have the tools to build a sustainable future. The same future that’s also heavily reliant on technology to grow and prosper. If cryptocurrencies and blockchain technology has any say in future tech, then we must also take them seriously as potential solutions for solving climate change.

But, how can we ensure that Web3 initiatives are sustainable and eco-friendly?

The key lies in learning from past mistakes and designing new systems that work in harmony with nature. Rejecting innovation is not the solution. We must embrace it and guide its development in a direction that benefits the environment.

This is why I am a firm believer that the climate community should join hands with the crypto movement. Yes, crypto is a trillion-dollar industry, but it’s also a space that holds incredible potential to address the climate crisis.

Admittedly, navigating the crypto-climate conversation can be overwhelming, with contradictory and complicated information. But I’m here to tell you that there is hope. Many crypto projects are taking steps in the right direction towards sustainability, and they’re doing it with a sense of purpose that extends beyond mere vanity.

Here’s a list of 9 cryptocurrencies committed to creating an eco-friendly, sustainable future. Let’s work together to build a world that’s good for both humans and the planet.

What makes some crypto not eco-friendly?

Cryptocurrencies have been under fire from climate-conscious critics due to their massive energy consumption required for mining coins on the blockchain. However, the solution to this problem may be easier than we think.

While some cryptocurrencies have already incorporated sustainability into their company ethos, the blockchain industry as a whole needs a major transformation if it wants to successfully brand itself as a beacon of a brighter future.

If you think Bitcoin’s energy use is staggering, consider that Ethereum, the blockchain on which most NFTs are operated, isn’t much better.
One NFT can consume the same amount of energy as a US household over two months. Even though not all NFTs consume that much energy, the average does hit around two weeks worth of energy. It’s clear that something must be done to make NFTs (and Ethereum) more sustainable.

What does it mean to be an eco-friendly cryptocurrency?

One solution is to move away from the proof-of-work model currently employed by major blockchains like Bitcoin, which requires loads of energy because every miner has to prove work every time a transaction is made.

Proof-of-stake models are more energy efficient and require fewer nodes to mine. This system is based on the amount of the currency the miner owns. The more you own, the more validation you have on the blockchain.

Another solution is to create new consensus algorithms like Ripple, which created its own consensus algorithm to operate its blockchain. This approach deters fraudulent activities, speeds up transactions, and encourages energy efficiency without compromising reliability.

It’s clear that a major shift is necessary to ensure the sustainability of cryptocurrencies. Converting mining activities to renewables is not enough, and cryptocurrency is not inherently wasteful. Building new systems, refining old ones, and creating new algorithms will pave the way for a greener crypto future.

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1. Cardano (ADA)

Similar to Ethereum, Cardano is popular because it enables financial applications and decentralized apps (dapps). ADA’s value exploded in the last two years, starting as a fraction of a penny then jumping to three dollars.

Cardano is currently the seventh largest crypto by market cap.

As part of its value add, Cardano validates transactions with low-energy costs. According to its website, Cardano is able to securely, sustainably, and ethically scale, with up to four million times the energy efficiency of bitcoin using Ouroboros (the Cardano protocol).

Ouroboros dubs itself as an environmentally sustainable, verifiably secure proof-of-stake protocol with rigorous security guarantees.

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2. Tezos (XTZ)

Tezos is a blockchain platform that is designed to be more energy-efficient than other popular cryptocurrencies like Bitcoin and Ethereum. It uses a proof-of-stake consensus algorithm instead of a proof-of-work model, which means that it doesn’t require large amounts of energy to validate transactions and add new blocks to the blockchain.

A scalable approach also allows for faster transaction times and reduced fees, making it a more sustainable and user-friendly option for those interested in cryptocurrency. Additionally, Tezos is built with upgradeability in mind, which means that it can evolve over time to become even more environmentally friendly and efficient.

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3. Polkadot (DOT)

Polkadot is a cryptocurrency that has gained popularity among investors due to its unique low-power approach. It is an innovative protocol that promotes interoperability between blockchains, with a central hub called the relay chain that can process transactions on surrounding chains called ‘parachains’.

Developers can focus on network expansion, while the relay chain handles all verification, making it a highly efficient option.

One of Polkadot’s most impressive features is its eco-friendliness. Bloomberg reports that it has the lowest total electricity consumption and carbon emissions of the six leading PoS chains. It uses Nominated Proof-of-Stake (NPoS), a mechanism that requires only a fraction of the energy that Bitcoin uses.

As a result, Polkadot has become a game-changer in the cryptocurrency world, attracting investors who prioritize sustainability and efficiency.

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4. Algorand (ALGO)

Algorand supports smart contract functionality built on a proof-of-stake model, which has proven to be more sustainable than proof-of-work.

According to its founder Silvio Micali, Algorand “can drive electricity consumption to almost zero… on a fundamental level.”

They partnered with CarbonTrade, a carbon offset company, to improve their footprint. As we learned a couple weeks ago, we should be wary of carbon offsets, but there is a clear roadmap for building sustainable cryptocurrencies through the use of proof-of-stake models.

Algorand differentiates itself from other cryptocurrencies by promising faster transaction speeds on an open-source, decentralized network.

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5. Nano (NANO)

Nano boasts the smallest carbon output in crypto, consuming just 0.000112 kWh per transaction. Sustainable cryptocurrencies need utility and energy efficiency, and Nano certainly meets that threshold. Its instant transactions make buying and selling easy.

Keep a look out for Nano’s development over the next few years.

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6. Solana (SOL)

Solana is a popular Swiss project that launched in March 2020 and is famously the blockchain of choice for the fraudulent FTX. Solana incorporates a hybrid consensus model with a combination of proof-of-work and proof-of-history.

Proof-of-work is notoriously energy-inducive for miners, so enabling this hybrid model is a clear win for sustainability goals in crypto. While it’s already exploded with 1000+% growth, look for Solana to stay strong going forward.

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7. Harmony (ONE)

Founded in 2017 by a UPenn PHD, Harmony aims to facilitate the use and development of decentralized apps (dApps). The company was able to successfully reduce node validation times by rolling out a sharding process.

ONE coins are also built on the proof-of-stake model, improving scalability and processing time.

<code><p class = "twitter-tweet">https://twitter.com/chia_project/status/1628507496146178050?ref_src=twsrc%5Etfw</p></code>
8. Chia Network (XCH)

According to Chiapower.org, their annual power consumption is 0.307 TWh as of 10/7/2021. Let’s compare that to ETH and BTC.

Chia
https://chiapower.org/

The website used a similar model to the Cambridge Bitcoin Electricity Consumption Index to show its findings. Interestingly enough, Chia is a cryptocurrency where mining is based on the amount of hard disk storage space devoted to it, rather than processing power like most forms of crypto.

They call it “Proof of Space and Time”. They use excess storage to file random numbers and create real value for this otherwise wasted space.

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9. Stellar (XLM)

Stellar is only a few years old but already lands near the top of the list. This coin is pretty similar to Ripple (it was created by Ripple’s co-founder) and has a similar goal of creating a decentralized protocol for digital to-fiat transfers internationally.

Stellar effectively connects financial institutions through the blockchain and provides cheap alternatives to foreign exchange platforms.

Crypto needs more adopters to be more eco-friendly

The power of web3 – that open-source, decentralized third wave of the internet – lies in its ability to grow and adapt to a changing world. As more people adopt cryptocurrency, these projects can reposition themselves to match consumer demand for sustainability initatives.

Sustainable cryptocurrencies are about the future as much as they are about the present. Critics are quick to point out the mining hardware needed to support blockchain networks.

However, this article by Coindesk’s Peter St. Onge does a great job highlighting the environmental limits of fiat currencies as well.

In other words, it is easy to criticize something new, but much more daunting to lift your hood up and examine the broken systems that already exist.

Sure, crypto has a long way to go in the energy space. But joining a movement built on 21st century principles is more much appealing to a future-oriented consumer. Isn’t sustainability about the future, after all?

Categories
NFT

The Utopia Avatars are Bridging the Gap Between Physical and Digital

With their initial mint last week, the Utopia Avatars are a collection of of NFTs, or Utility Based Tokens (UBT) as the creators dubbed them, intended to be compatible with nearly any metaverse platform. From a group founded by Maria Bravo, Alejandro Saez and Javier Garcia with an advisory board of Deepak Chopra, Randi Zuckerberg, Pepe Bastón, Eva Longoria, Faze Banks, Desiree Ansari and Maha Abouelenein, the collection intends to bridge the gap between the digital and physical by providing both tangible and virtual opportunities for all of its holders.

RELATED: Seedphrase Discusses Digital Identity And Life Beyond the Monitor

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Uniquely, Utopia raised $10 million for the project before the mint, allowing the founders to get started on the utility aspect of the brand before waiting for an influx of capital from the mint itself.

The collection is comprised of “6628 3D rigged avatars that can be downloaded in FBX + other formats,” Nino Saez, co-founder of the project, tells ONE37pm, adding:

“Each Avatar is made to be operable in any 3D Metaverse and platform supporting standard file formats! These Avatars are digital collectables commissioned to be designed by Richard Orlinski and Joaquin Ganga. Utopia’s 3D Avatars are the ultimate entry point into Utopia’s ecosystem, created for a community of inspiring individuals. They will receive ownership of a blockchain-based treasury, that already provides transparent revenue streams generated from Web 2 businesses, utilized to sustainably expand the value of the community. A plethora of other utility, including access to Utopia’s already 75% built metaverse ecosystem with notable areas including: Education, Gaming, Live Events, Utopia Store, Orlinski’s Gallery, Ganga’s Tattoo Store and others will be unlocked by the Utopians.”

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The idea is that the avatars will of course work within the Utopia ecosystem, but will also be compatible with an array of metaverses down the line.

“Most of the advisories and founders are philanthropists. Therefore, we feel utopia avatars DNA is very much philanthroprenuer,” Maria Bravo, co-founder of the brand, tells ONE37pm. They have numerous initiatives in the work—including their partnership with Global Gift foundation; 5% of the mint funds are allocated to the Global Gift foundation. Throughout the building phase last year, they had already donated $700,000 to a myriad of projects through the foundation. They have collaborations underway this year with WOW foundation, HUH, the Deepak Chopra Foundation and Ricky Martin foundation.

And finally, as a project built around community, they will also offer opportunities for members to suggest initiatives to support down the line.

Since the mint last week, the project has seen over 800 ETH in trading volume on OpenSea. Keep up with the project on Twitter, IG, and their website.

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NFT

Open Edition NFTs: New Fad or New Opportunity?

Open edition (OE) NFTs have taken the Web3 space by storm. With well-known artists creating their own variations and popular projects like Checks VV emerging, it’s no wonder you might be curious about what an open edition NFT is and why it’s suddenly so popular.

Is it simply a fad reserved for prominent creators with a cult-like following? Or is it a huge opportunity that nearly everyone is passing up?

Let’s take a further look into the latest buzzword and see what all the hype is about.

What Is An Open Edition NFT?

An open edition NFT is sold with no supply cap and a set buying period. Another variation is to set no time limit, enabling the NFT to be purchased indefinitely. However, this isn’t as common as scarcity still plays a role in the value of NFTs including open editions.

When it comes to creating an OE NFT, there are generally two types of token standards used by creators. Both of which have their own pros and cons.

  1. ERC-1155 token standard 

This standard can support an infinite number of tokens in a single contract, meaning it’s often less expensive to publish to the blockchain as a creator. The main downside to ERC-1155 NFTs is that they’re often considered not as valuable, and ownership can be more difficult to track.

  1. ERC-721 token standard

This standard is preferred by most creators and collectors as it can have a different value than another token from the same smart contract. Most notable NFT collections are created using this standard. That said, they’re more expensive to mint.

Furthermore, most open editions appear to have certain qualities that separate them from the expectations associated with “non-OE” collections in the space, such as:

Low entry price

Open editions provide collectors with an opportunity to get their hands on a creation that would otherwise be too expensive since most OEs have an extremely low mint price, ranging anywhere from $5 to $100.

Burn mechanism

A burn mechanism is used by creators to gamify an NFT collection and increase scarcity. Many creators are implementing burn mechanisms to incentivize people to buy more tokens, and in turn, collectors receive something in exchange. 

It could be another NFT from a non-OE collection, a collaboration piece, a physical product, or other types of utility.

No promise of utility or a roadmap

Many open editions are created without a roadmap or promise of any utility. Rather, they exist solely as a creation on the blockchain and collectors don’t expect anything in return. This is far different from other projects where collectors are constantly hounding creators about floor price and utility.

Why Are Open Edition NFTs Suddenly Popular?

Open edition NFTs have seen a sudden spike in popularity due to platforms like Manifold lowering the barrier to entry to create NFTs in addition to enabling simple burn mechanisms. All of which can be achieved without knowing how to code your own smart contract.

Manifold made a substantial contribution to the OE movement with the introduction of its Paid Claim Pages in October 2022. Building upon the already popular Claim Pages feature that enables creators to establish pages for free mints, Paid Claim Pages introduced the capability for users to host drop pages for both limited and open editions ERC-721 and ERC-1155 tokens.

Moreover, artists like Jack Butcher who created the Checks VV collection, have minted their own open edition projects that have brought massive attention to the space. The Checks collection alone sold over 16,000 NFTs and has done more than 19,000 ETH ($29 million) in trading volume since it launched on January 3, 2023.

Open edition NFTs aren’t new by any means. In fact, Beeple was one of the first creators to release OEs on Nifty Gateway in 2020. Other artists like XCOPY and Chris (creator of Nyan Cat) have both released open editions as well, further adding fuel to the fire and sparking this new trend.

The only question is: How long will this trend last?

What’s the Future of Open Edition NFTs?

It’s likely that many NFTs sold in the future will be open editions. Similar to how most brands don’t put a cap on the products they create, it’s unlikely those same brands will put a cap on the NFTs they offer. Especially when products come standard with NFTs.

If you take a step back and look at what an open-edition NFT really is, you’ll quickly realize it’s no different than brands like Nike which produce an unlimited number of socks.

Of course, the utility of a sock is clear. The utility of most NFTs isn’t. 

And that’s the point I want to make—NFTs won’t always just be a digital token on the blockchain. Soon, brands will incorporate NFTs into all their products and services without a cap on how many you can buy.

This can be difficult to see now, especially because our brains have been trained to perceive NFTs a certain way. As soon as you can look past NFTs being just “NFTs”, you can begin to understand how open editions will potentially be used in the future.

Contrary to popular belief, not all NFTs need to have a cap. Also, creating an open edition NFT isn’t reserved just for artists or influencers in the space—anyone can create one.

Should You Create Your Own Open Edition NFT?

With the sudden boom of open edition NFTs, you might be wondering if you should create your own. Here’s what I think.

You should create an open edition NFT if you’re a creator of any type or simply want to learn more about minting and selling NFTs. There are no qualifications needed to create your own OE NFT. Despite what some artists think, creating NFTs should be encouraged—not looked down upon.

An open edition is often considered beneficial for artists who already have a strong following and want to attract new fans who may have been unable to purchase their earlier works due to high prices.

However, the rise of open editions is a unique opportunity for anyone and everyone to get their hands dirty and try something new, like creating an NFT. The high barrier to entry into the space is what has led many astray, despite being curious.

And now that an opportunity has appeared that seems to have lowered this barrier to entry, people are so quick to judge and try to dictate who can and can’t create an NFT as if it’s reserved solely for artists or those with mass influence.

If we want to see mainstream adoption of NFTs then we need to encourage each other, not beat each other down. Open editions aren’t just another trend, they’re an opportunity to onboard more people into the space and learn something new along the way.

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NFT

Seedphrase Discusses Digital Identity And Life Beyond the Monitor

In the age of Web3, digital identities and pixelated avatars have given individuals the ability to to step outside of their conventional selves and embrace a more creative and expressive version of themselves.

And high-profile digital art investor and burgeoning DJ, Seedphrase is no exception. 

Seedphrase

The man underneath the mask, Daniel Maegaard, is a sharp-looking entrepreneur in the prime of his 30’s with an inherent passion for global travel and skiing.

Born in New Zealand, and raised on the Sunshine Coast of Australia, Maegaard’s rise to stardom has seen him traverse the world – from founding a Web3 community called Party Degenerates, to attending cultural events such as Miami’s Art Basel and generative art shows across Europe.

ONE37PM caught up with Maegaard to chat about the growth of Web3 identities, the artistic significance of CryptoPunks, and the recent successes of his creative alias Seedphrase.

This year marks Maegaard’s decade anniversary inside the crypto markets. Back in 2013, it was Bitcoin that peaked his interest, followed by the wave of altcoins. From these investments alone, he raked in millions of dollars.

In early 2020, Maegaard came across the NFT markets, and on May 20th he purchased CryptoPunk #8348 for 85 ETH, equivalent to $18,102 at the time. 

This birthed the digital persona of ‘Seedphrase’ that he is synonymous with today.

Ultimately, Maegaard is keen to carve clarity between his two identities –  the on-stage entertainer that is Seedphrase and Maegaard, a modest figure seeking to authentically impact culture and attract awareness to this nascent industry. 

It’s for these reasons Maegaard has his sights firmly set specifically on generative art and gamified finance.

Punks as Art

Yuga Labs purchased the intellectual property rights to the CryptoPunks and Meebits collections from Larva Labs in March 2022, immediately releasing the commercial rights of the assets to holders. 

Maegaard owns 20 CryptoPunks, including the lucrative seven-trait punk that is portrayed as Seedphrase.

On the Yuga acquisition, Maegaard revealed that “looking at some of the interviews with the Yuga founders, I genuinely believe it came from a good place”, before adding:

“Knowing what I wanted to do with Seedphrase and the seven-trait punk, I didn’t have that clarity beforehand, but once Yuga did acquire the punks I was able to then have full artistic control over where I wanted to take this project.”

Created by Larva Labs in 2017, CryptoPunks were the original 10,000 PFP project on Ethereum. Their pixelated, artistic symbolisms have garnered them substantial cultural resteem and recognition within the traditional art community.

Bored Ape Yacht Club (BAYC) on the other hand is more associated with contemporary culture and aimed at a mass market audience. 

Founded in 2021 by Yuga Labs,  BAYC has arguably become the most successful example of an NFT project granting intellectual property rights to holders, allowing them to monetize their NFTs in commercial endeavors.

From the point of mint, the founders relinquished all IP rights from the collection exclusively to holders, in turn, fostering a flourishing commercial derivatives market we see today from Ape-themed fast-food restaurants, to fictional novels, and metaverse music bands.

“I love that this is how Punks are being perceived. That was always my notion from the beginning. We don’t need to be putting Punks on canned water or fast food or anything like that”, said Maegaard.

“I think it’s great that people have the freedom to do that with their Punks as well. That is in a way its own artistic expression, but I just like the idea of like Punks being first recognised as a historical collection. Let them just be art.”

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Seedphrase the DJ

Seedphrase debuted in the music scene in November 2021, using NFT.NYC as his launchpad. Despite being relatively new to the world of DJing, Seedphrase pointed to opportunities at sharing the stage with some of the industry’s more profound musical visionaries. 

“My friend was putting together this party during NFT NYC and was getting a bunch of big artists on board like Steve Aoki, Blond:ish and TroyBoi. I said to him, ‘wouldn’t it be really cool to bring the seven trait punk to life?’”, recalled Maegaard.

Seedphrase’s fuse of electronic music is complemented by visually distinguishable headpiece. Maegaard reached out to American DJ Marshmello’s manager who supplied him with the contact to create a unique helmet for his seven-trait punk.

Tom Farren

It was such an incredible moment for me. It grew from just me doing this for this event to thinking okay I’ve got something here. I want to develop this and I wanted Seedphrase to be born IRL rather than just being confined to a computer monitor on Twitter.

Seedphrase teased the upcoming release of debut music, a day-in-the-life track exploring the lifestyle and interests of the digital enigma that is Seedphrase. 

Speaking to the track’s audio visuals, Maegaard revealed that it will “touch on a bunch of different verticals such as music, fashion and art to give people a glimpse into Seedphrase’s world, and to get a better know-how of who this person is, what they get up to, and what interests them.”

Other Web3 artists such as Kingship and Spottie WiFi have also explored this avenue, releasing music as NFTs under their PFP aliases. In the commercial scene, Snoop Dogg and Eminem released a Bored-Ape themed music video titled ‘From the D 2 the LBC’ raking up 71 million views on YouTube. 

Spottie WiFi’s most recent track ‘The King’s Alpha’ in collaboration with Snoop Dogg is an evolution from his punk-concept debut album to a more introspective look into the life of the man behind the mic, Miguel Mora.

“The King’s Alpha is much more biographical and tells the real life story of how I went from being out of work during COVID to investing in myself and my music career and seeing it pay off”, revealed Mora.

His accompanying NFT dropped on Sound.xyz on February 7th to a sell-out of 58 collectors, raising 4.84 ETH, approximately $8,000, in the process.

Although these artists have predominantly centered their music and lyrics around the themes of Web3 and their PFPs, Maegaard expressed a desire to not exclusively limit himself to the seven-trait punk, but to showcase broader content.

Seedphrase

The lyrics will resonate with a wider mainstream audience because I want to be recognised first and foremost as an artist – rather than an ’NFT influencer.’ That is a mindset that has changed over the last couple of years.

“I’m really proud of what I’ve put together here, and I think people are going to vibe with it”, Maegaard concluded.

Categories
NFT

FlipFam Reinvents Fan Rewards with Borussia Dortmund and VfL Wolfsburg Partnerships

FlipFam, a new tokenized community for sports fans worldwide, adds a new partner in with VfL Wolfsburg, a top division club in Germany’s Bundesliga. FlipFam’s unique platform distributes loyalty rewards directly to Wolfsburg fans, issuing digital collectibles on the blockchain as well as physical prizes like merchandise and tickets — all in exchange for participating in fast-causal prediction and trivia games.

This comes after the company announced its partnership with Borussia Dortmund, another one of the world’s biggest football clubs.

Wolfsburg joins BVB Dortmund as the second club with officially licensed collectibles and prizes in the FlipFam app. The partnership will focus on the men’s, women’s, and eSports teams at Wolfsburg.

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The Collaborations

The collaborations offer supporters the chance to earn rewards such as signed merchandise, VIP & regular tickets to matches, stadium tours, and virtual meet-and-greets with eSports athletes. Prizes can be won by competing in daily challenges on FlipFam’s mobile app.

You can claim a free Dortmund collectible here, or a Wolfsburg collectible here

How to Win Prizes

There are two main ways fans can win prizes on FlipFam.  

Fans can get rewards by accumulating “Trophies” – licensed digital collectibles that can be earned through gameplay and traded with other players. Fans are given “challenges” to collect specific Trophies, which qualify them for sought-after prizes like signed jerseys. 

FlipFam

Fans can also get rewards through competitive results in leaderboard challenges. Top scorers in prediction games will win prizes throughout the season; new winners are announced each week, and rewards go to fans every month.  

FlipFam is designed as a new way to reward sports fans for their knowledge and dedication.  Players earn and fully own these collectibles, which are listed on the Polygon blockchain and can be sold or traded outside of the app. But it’s completely free for all BVB fans to participate, and they help shape the game by submitting prediction content.  

Alan Aqrawi, CEO of FlipFam

We are delighted to announce our partnership with VfL Wolfsburg, especially because of the club’s history of innovation. By playing the game, fans can earn collectibles while playing games and trade with other players beyond our platform, marking a significant shift from conventional sports loyalty programs. This development is in line with the latest trends in gaming and the rapid advancements in blockchain technology.

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About FlipFam 

FlipFam is an innovative free-to-play mobile game that allows sports fans to earn digital  collectibles, merchandise, tickets, and more by playing simple prediction and trivia games  on their mobile phones. FlipFam provides sports properties with new ways to engage their  fans; the game offers fans a closer connection with teams, offering rewards for knowledge,  dedication and passion for their favorite sports brands. The game is available for download  on both iOS and Android devices. 

About VfL Wolfsburg

VfL Wolfsburg is a professional football club located in Wolfsburg, Lower Saxony, Germany, founded in 1945. Over the years, VfL Wolfsburg men’s team has clinched several domestic titles. VfL Wolfsburg women’s football is one of the top teams in Europe. The women’s team has won multiple German Championships and has been crowned UEFA Women’s Champions League winners twice, in the 2012/13 and 2013/14 seasons, while getting runners up in 2016, 2018, and 2020.

About Borussia Dortmund 

Borussia Dortmund is a German professional football club based in Dortmund, North Rhine Westphalia with one of the largest stadiums in European sports. The club was founded in 1909 and has a rich history, having won multiple national and international titles. Borussia  Dortmund is known for its passionate and dedicated fans.

Categories
NFT

Veecon 2023 Announces First Round of Speakers and Headline Entertainer

Gary Vaynerchuk announces today rap icon Busta Rhymes will headline Thursday’s opening-night entertainment at VeeCon 2023 on May 18. Additionally, Vaynerchuk revealed the growing lineup of entrepreneurs, artists, and influencers from around the world who will participate in speeches, panels, and fireside chats about business, innovation, technology, marketing, and pop culture at the multi-day super conference held at TCU Amphitheater at White River State Park and Lucas Oil Stadium in Indianapolis on May 18-20, 2023.

“I’m super excited to announce the first names of the VeeCon 2023 speakers,” said Vaynerchuk. “These are incredible individuals who are making a high impact on society and business. I’m also extremely excited about the names we haven’t announced yet as this year’s event is going to be bigger and bolder than 2022.”

VeeCon

VeeCon 2023 is the second annual NFT-ticketed conference hosted by Vaynerchuk and VeeFriends. Throughout the event, VeeCon attendees have the opportunity to participate in programming about business, marketing, entrepreneurship, innovation, ideas, creativity, and competition. 

Leading the first extraordinary lineup of iconic keynote speakers, innovative and educational talks and panels at VeeCon 2023 are:

  • Adam Brotman, CEO & Co-Founder of Forum3
  • AJ Vaynerchuk, Co-Founder and Co-CEO of VaynerSports
  • Andy Krainak, President of VeeFriends
  • Andy8052, Founder of Tessera
  • Arlan Hamilton, Founder & Managing Partner of Backstage Capital
  • Avery Akkineni, President of Vayner3
  • Betty, CEO and Co-Founder of Deadfellaz
  • Bob Pittman, Chairman and CEO of iHeartMedia Inc.
  • Bozoma Saint John, Hall of Fame Inducted Marketing Executive, Author, and Entrepreneur
  • Brilly, Artist
  • Carly Reilly, Founder and Host of Overpriced JPEGs
  • Carolyn Everson, Senior Advisor at Permira
  • Cathy Hackl, Chief Metaverse Officer at Journey Luxury and Fashion Innovator
  • Chris Lyons, President of Web3 Media at a16z crypto
  • Cindy Gallop, Founder and CEO of MakeLoveNotPorn
  • Cordell Broadus (Champ Medici), Founder of Welcome To The Block
  • David Rodolitz, Founder and CEO of Flyfish Club
  • Daymond John, Star of ABC’s Shark Tank, CEO of The Shark Group, CEO and Founder of FUBU
  • Deepak Chopra, Founder of Chopra Foundation and Chopra Global
  • DeeZe, Director of Vibes at Tessera
  • Eric Thomas, No. 1 Motivational Speaker in The World
  • Eric Wattenberg, CEO of VaynerWATT
  • Erik Zettersten, Head of Technology at VeeFriends
  • Fonz, CEO of tokenproof
  • Gfunk, CEO and Founder of Pixel Vault
  • Ian Rogers, Chief Experience Officer of LEDGER
  • !llmind, Music Producer of Squad Of Knights
  • Imari Oliver, Founder and CEO of Bond and Play
  • Jackie Woodward, Chief Brand and Marketing Officer of Bojangles Restaurants, Inc.
  • Jaiden Stipp, Artist and Creator of Jastidesigns LLC
  • Jasmine Maietta, Founder and CEO of round21
  • Jeff Carvalho, Founder of Burrata / Highsnobiety
  • Jeff Staple, Founder of STAPLE and Reed Art Department
  • Jen Stark, Artist and Creator of The Vortex Collection, Cosmos and more
  • Jenny from the blockchain, Content Creator, Head of Marketing for evaluate.xyz, Co-host of NFT Catcher Pod
  • Jimmy McNelis, CEO of Nameless
  • John Henry, Co-CEO and Co-Founder of LOOP
  • Julie Pacino, Filmmaker and Photographer, Creator of Keepers of the Inn
  • Lisa Mayer, CEO and Co-Founder of Boss Beauties
  • Maha Abouelenein, CEO and Founder of Digital and Savvy
  • MaryRuth Ghiyam, Founder and CEO of MaryRuth Organics 
  • Matt Van Horn , Co-Founder of June
  • May Niu, Director of Media Operations of VeeFriends
  • Miguel Patricio, CEO of Kraft Heinz 
  • MUMBOT, Artist & Creator of MUMBOT WORLD
  • Nyla Hayes, Artist, Founder and CEO of Long Neckie Ladies
  • Peter Chun, Global Head of Platform at VaynerX
  • Pop Wonder, Artist
  • Rachel Tipograph, Founder and CEO of MikMak
  • Rafael Ilishayev, Co-Founder and Co-CEO of Gopuff 
  • Rich Kleiman, Co-Founder of Boardroom
  • Richard Dickson, President and Chief Operating Officer of Mattel
  • Richerd, Co-Founder of Manifold
  • Sam Hysell, Co-Founder and Chief Strategy Officer of nft now
  • Sara Baumann, Artist and Founder of Women and Weapons
  • Scooter Braun, Founder of SB Projects, CEO of HYBE America
  • Shonduras, Founder of The Spacestation!
  • Sian Morson, Founder of The BlkChain
  • SLOTH, Artist and Founder, Creator of Chilled SLOTH
  • Snowfro, Founder of Art Blocks, Creator of Chromie Squiggle
  • Steven Bartlett, Entrepreneur, Author, Host of “The Diary of a CEO”
  • Swan Sit, Web3 Advisor and Creator
  • Tom Bilyeu, CEO of Impact Theory

VeeCon 2023 tickets will be released directly to the wallets of VeeFriends Series 1 token holders in the coming weeks. Non-VeeFriends Series 1 token holders can still attend the event by buying a ticket on the secondary market, such as Opensea. More information on ticketing can be found here.

Categories
NFT

0n1 Force NFT Announces New Owners

A collective of crypto industry veterans has acquired 0N1 Force.

The group, led by blockchain investment firm Old Fashioned Research (OFR), acquired the premier NFT collection for an undisclosed fee.

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The 0N1 Force are 7,777 generative side-profile characters with over 100 hand-drawn features created in 2021.

Although the original founders of 0N1 Force have fully left the venture, current project leader HenryFinn (Starlordy) became the CEO of the group and existing community moderators were also retained.

The community has been rebuilding and has brought the floor back to 2 ETH at the time of publication. This buyout and new leadership further cements a new era for the project.

“We appreciate 0N1 Force’s creative narratives and its vision in building the comic-focused0N1 Verse,” said Ling Zhang, Managing Partner of Old Fashioned Research. “0N1 Force has a vibrant and supportive community under Starlordy’s leadership, and we are excited tojoin the force to the core community to build a promising 0N1 Verse.”

Starlordy, Henry Finn, CEO of 0n1 Force

There are a lot of reasons to be excited about the new ownership, but from my personal experience so far working with them the past few months I can say that they are the 100% right group to take this brand to the next level. I am extremely honored to continue my role as CEO here based not just on their collective experience and vision, but because they truly understand the importance of story, art, and community. This is the core of our DNA and will be the center of everything we do moving forward.

Who is part of Old Fashioned Research (OFR)?

As part of the buyout, a brand-new 0N1 Force community board will be formed featuring Henry Finn, Ling Zhang, OFR Strategic Advisor and ex-Binance CFO Wei Zhou, as well as new Chief Strategy Officer William Tong and Yield Guild COO Colin Goltra, who will be joining the project as a Senior Advisor and Investor.

“I love 0n1 Force because of its unique community-driven story telling narrative. We will build on this early success to grow the Enclave into the mothership of world class IPs.” Wei Zhou, OFR’s Strategic Advisor, Coins.ph CEO, and ex-Binance CFO said.

Future Plans

The group intends to deploy significant funds into the growing 0N1 Force franchise, with a view to establishing it as a leading metaverse-native IP. The project’s 2023 roadmap includes a 50 ETH Artist Fund to support community talent, a graphic novel series created and led by community contributors, and 0N1 Conlave, a council of prominent Web3 and Web2 members committed to developing the brand.

Join the team for a Twitter Spaces about the announcement:

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