Anthony Hopkins sells out NFTs in minutes: Nifty Newsletter, 12-18 October
In this week’s newsletter, you can read about how Animoca Brands co-founder Yat Siu believes that nonfungible token (NFT) games are only the tip of the iceberg in terms of potential. Check out how a Kraken executive highlighted that NFTs will be as disruptive as Bitcoin (BTC) and how a museum in Ukraine is preserving the country’s cultural heritage through NFTs. In other news, find out how an industry leader argued that brands have a lot of responsibility when it comes to protecting their NFT investors from fraud. Last but not least, British actor Anthony Hopkins sold out his NFT collection within minutes of its release.
NFT games only “scratch the surface” of what is possible – Animoca’s Yat Siu
The co-founder of Animoca Brands, Yat Siu, highlighted that NFT games are only at the surface of what is possible for the space. The manager believes that there are new forms of gaming that will be developed as a result of NFT’s inherent functions such as digital ownership.
In an interview with Cointelegraph, the Animoca Brands co-founder highlighted the potential of NFTs to branch into mobile phones. According to Siu, mobile phones and artificial intelligence can play a big role in the development of NFT games.
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NFTs will be ‘as disruptive’ as Bitcoin was 10 years ago – Kraken exec
Jonathon Miller, an executive at crypto exchange Kraken, compared NFTs to Bitcoin in terms of disruption. According to Miller, the exchange is bullish on NFTs and believes in their innovative features.
Speaking to Cointelegraph, Miller highlighted that despite the low level of NFT activity in recent months, there are positive signals at the institutional level. According to the manager, the NFT area has the potential to stabilize and have gradual growth.
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Ukrainian Art Museum to preserve art and cultural heritage through NFT auction
The Kharkiv Art Museum has announced that it has released a NFT collection with the aim of saving Ukraine’s cultural heritage. The collection, called Art without Borders, is available on the Binance NFT Marketplace.
Kharkiv, a city that has been affected by the country’s ongoing conflict with Russia, can preserve its culture by turning artworks from the museum into NFTs. Currently, artworks by Albrecht Dürer, Georg Jacob Johann van Os, Ivan Aivazovsky, Simon de Vlieger and others have already been converted to NFTs and are available in the collection.
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Industry manager explains why NFT fraud protection falls on brands and not marketplaces
Brands that issue NFTs have more responsibility to protect consumers than NFT marketplaces, an industry executive argued. In a Cointelegraph interview, BrandShield CEO Yoav Keren said that brands issuing NFTs need to be proactive in protecting their investors from fraud.
The executive argued that brands must be the first to take action to protect their customers across all platforms. According to the CEO, brands must also keep in mind the legal implications when it comes to misuse of their image.
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Oscar winner Anthony Hopkins sells out his NFT collection in minutes
British actor Sir Anthony Hopkins has sold out his first NFT collection, called The Eternal Collection, within 10 minutes. Orange Comet, the actor’s partner in creating the NFTs, claimed that the NFT drop is the fastest sell-off in the history of NFT marketplace OpenSea. To celebrate the release of his NFT collection, Hopkins took to Twitter to thank fans for their support.
Inspired by the actor’s performance, the NFTs feature 1,000 pieces of cinematic artwork. Aside from the art, the NFT photos come with other perks like receiving autographed books and engaging with the actor through a Zoom call.
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Thank you for reading this summary of the week’s most notable developments in the NFT space. Check back next Wednesday for more reports and insights into this area of active development.
