Moonbirds, Doodles and Bored Apes
In this overview, BeInCrypto takes a look at some of the week’s most exciting NFT news.
In the past seven days, a gallery in Paris put on an important NFT exhibition, Moonbirds and Doodles launched new products, and a Bored Ape Yacht Club NFT sold for 60 ETH.
Paris Gallery showcases NFT art
Earlier this week, the Center Pompidou began exhibiting its first collection of NFTs. In a show that runs until February 2024, the Parisian Museum of Modern Art has dedicated two rooms to the collection of 18 digital works.
The exhibit includes examples of genre-defining NFT collectibles such as CryptoPunks and Bored Apes. These are displayed alongside the works of pioneering blockchain artists and emerging French and international NFT creators.
The show is meant to put NFTs on the same platform as institutional art. It also seeks to contextualize NFT’s contemporary popularity in a broader conversation about art and digital media.
As curator Philippe Bettinelli explained:
“The recent media hype accompanying the NFT craze may have given the impression that digital art had just been born, whereas it has existed since the 1960s in highly experimental forms that were much less widespread at the time.”
Moonbirds X MONA
Like similar generative NFT projects, the 10,000 Moonbirds NFTs take the form of tokenized avatars. In this case, in the guise of colorful owl-like creatures.
Collectors can customize Moonbird’s appearance based on their wallet holdings or achievements within the PROOF ecosystem.
In the latest development of the project, the NFT collective revealed this week that they are working with Mona to build the “Moonbirds Monaverse”, a new virtual world for the Moonbirds community.
Sharing a teaser video on Twitter, Web3 founder and Moonbirds founder Kevin Rose so the new metaverse would be a place to:
“host events, connect, explore art, have conversations, and get out of Discord for some fun.”
Exciting news for Doodles NFT fans
In other NFT news, ahead of the upcoming Doodles 2 Beta launch, the popular project launched the Doodles 2 Character Builder.
Character Builder allows Doodle’s NFT holders to change clothing and attributes for a full-body avatar. Doodles has also announced an upcoming airdrop for a “Pharrell Pack”, in collaboration with brand ambassador Pharrell Williams.
Each pack includes digital apparel from brands including Adidas. A token redeemable for an exclusive physical garment is also included.
Bored Ape Yacht Club NFT sells for 212 ETH
Over the past week, four Bored Apes have hit the news for hitting or surpassing the critical milestone of 70 ETH. This is a remarkable achievement in a market where individual NFTs have seen a price drop in recent weeks. The average sale price of a Bored Ape Yach Club (BAYC) NFT is currently 49.3 ETH, equivalent to $93,000.
The week started with the sale of Bored Ape #7403 for a whopping 212 ETH.
With a highly converted “trippy” fur attribute, shared by only 0.77% of all Bored Ape Yacht Club NFTs, #7403 changed hands for more than $400,000. That makes it one of the most expensive Bored Apes ever sold. Currently, BAYC #7403 has an open bid of $250,000 USDC.
As an important indicator of total NFT sales, collectors often track the price of Bored Apes. As such, news of high-value transactions is followed closely by anyone trying to understand the volatile NFT market.
Last week’s flurry of activity definitely contrasts with the news earlier this month that NFT sales had hit their lowest level in nearly a year.
Disclaimer
In accordance with the Trust Project guidelines, BeInCrypto is committed to objective, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify the facts independently and consult with a professional before making any decisions based on this content.
