Autor Cointelegraph By Brian Quarmby

Nifty News: Mike Tyson loves Solana, Aoki stops show to flaunt NFT, Apple and the 'AR Verse'

Mike Tyson is living the $DREAMBoxing icon Mike Tyson has stepped into the ring this week, after he shared his enthusiasm for Solana and unveiled a partnership with mental health-focused crypto project TheDreamChain ($DREAM). In the first round, Tyson — who previously launched an NFT project on Ethereum via OpenSea last year — tweeted on Jan. 13 that he was a born-again Solana (SOL) proponent while sharing a screenshot of a new NFT he’d snapped up from the Catalina Whale Mixer project. The Solana-based Catalina Whale Mixer NFTs currently have a floor price of 15 SOL ($2,200), and Tyson’s NFT depicts a whale version of himself wearing a world championship belt along with his famous face tattoo. All in on Solana… Just copped a Catalina Whale… pow pow! pic.twitter.com/97voS15B8y— Mike Tyson (@MikeTyson) January 12, 2022In round two later that day, the 55-year-old tweeted about either what appears to be a partnership or paid celebrity promotion with TheDreamChain. The token’s unusual selling point is that it’s just as difficult and limited to trade as a stock.“It’s the first of its kind that can only be traded during US stock market hours. Could revolutionize the space and help the mental health of the crypto community.”According to TheDreamChain’s website, its token $DREAM is only available for trade between the standard stock exchange hours of 9:30am to 4:pm, with the idea being that 24/7 trading is causing a mental health crisis amongst crypto traders. The project states that it will divert 0.5% of all transaction fees to its own foundation, which will donate funds to mental health charities or use the capital to sign partnerships with non-profit organizations. Apple looking at AR, not the MetaverseAmid a landrush from tech giants toward the Metaverse, Apple won’t be rushing in with its latest gadget according to Bloomberg’s Apple tech reporter Mark Gurman. Gurman shared snippets from the latest Q&A section of his paid consumer tech newsletter via Twitter on Jan. 10 regarding Apple’s upcoming virtual reality headset. He noted that: “Here’s one word I’d be shocked to hear on stage when Apple announced its headset: Metaverse.”“I’ve been told pretty directly that the idea of a completely virtual world where users can escape to — like the can in Meta Platfroms/Facebook’s vision of the future — is off-limits from Apple,” he added. According to Gurman’s understanding, current and former Apple execs such as Jony Ive have always envisioned the firm’s VR headset to be a device used in short “bursts” for gaming, content consumption and communication and not as part of a full-blown Metaverse experience. Instead, Apple is said to be eyeing the augmented reality space (AR) in which the user’s physical experience is enhanced with digital or virtual features via devices such as eye lenses, as they can be worn all day and don’t distract from the immediate environment. Lots of interest in my take on “Apple Reality” and the Metaverse https://t.co/ZmacFcOC9k pic.twitter.com/C4SNbFbULp— Mark Gurman (@markgurman) January 9, 2022

Artemis launches mobile-focused NFT social media platformHong Kong-based blockchain firm Artemis Market launched a new social media and NFT trading platform yesterday. According to a Jan. 13 announcement, the Solana-based platform has initially launched a desktop and mobile web version with limited functionality, and will be rolling out a mobile app and full social features in the near future. Artemis is hoping to attract new users with 0% transaction fees on trading until the end of February. We know all of you have been waiting for this day…And we are finally LAUNCHING NOWhttps://t.co/OBLamZSR18What’s more? ✨0% TRANSACTION FEE✨until end of Feb!Join us and start trading on Artemis NOW!#Solana #NFT #NFTlaunch #NFTmarketplace #SocialFi #ListAndEarn #0TxnFee— Artemis Market (@Artemis_Market) January 13, 2022

The firm stated that it was focused on building a one stop shop mobile platform to provide a user-friendly platform that can be accessed on the go, as it highlighted that the NFT sector currently lacks a “compelling user experience” despite its booming popularity. “We want our users to be able to conduct their whole NFT experience all in one app. From discovering and hanging out with creators, to collecting NFTs, to interacting, sharing and commenting with friends.”Related: China aims to separate NFTs from crypto via new blockchain infrastructureSteve Aoki stops live show to flaunt NFT acquisitionMillionaire DJ Steve Aoki abruptly stopped one of his live music events this week to flaunt a freshly acquired NFT that many of his fans could only dream to afford. Aoki tweeted a video on Jan. 12 sharing his glee at snapping an NFT from the Doodles collection accompanied by a caption that read: “Had to stop my show to celebrate my excitement on my doodle! Nfts make me feel like a kid again.”The Doodles project consists of 10,000 NFT avatars featuring art by popular Canadian artist Burnt Toast. The NFTs currently have a floor price of 11.75 Ether (ETH) worth roughly $38,300 at the time of writing.Aoki is a major NFT proponent with his fingers in multiple honey pots, and his latest behavior suggests early signs of a crippling NFT addiction.Other Nifty NewsA group of editors on Wikipedia voted against classifying NFTs as a form of art on Jan. 12, opting to exclude NFT art sales from the list of top art sales of living artists. They have agreed to re-open discussions at a later date however. U.S.-based music streaming platform LÜM is slated to relaunch as an NFT platform later this quarter. It is shifting its focus to musician-focused fan NFTs that enable users to support the artist of their choosing.

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LÜM to launch ‘Access Pass’ NFTs for 25 globally known musicians

U.S.-based music platform LÜM is set to announce 25 partnerships with globally known musicians as part of a re-launch involving NBA Top Shot’s Dapper Labs later this quarter. LÜM was founded in 2018 and built up a user base of more than 200,000 users with a platform that provided services such as social media, music streaming and micro-tipping for its partnered musicians and fans. The firm has raised around $4.4 million worth of funding since 2018 according to data from Crunchbase, and partnered with popular R&B singer-songwriter Ne-Yo back in 2020. However, LÜM is now moving on fro that business model and is relaunching on Dapper Labs’ Flow blockchain in March with the focus shifting to musician-related NFTs. LÜM will initially roll out an NFT marketplace and fan engagement platform alongside NFTs dubbed “Access Passes.” “When designing our First Fan Access Passes, every detail was taken into account.We wanted to create something that felt exclusive, collectible, but looked & felt functional. Something fans will cherish but could expect to use IRL and in the future music metaverse.”#MusicNFT pic.twitter.com/pnOmfaS7OX— LÜM (@lum_xyz) January 12, 2022Users of the platform will be able to buy NFTs tied to their favorite musicians and trade them amongst a community of fans, while long term hodlers will be granted rewards such as priority access to artists’ future NFT drops, exclusive content and live entertainment experiences. Musicians will be able to build their communities and launch their own Access Passes which can be used to crowdfund projects such as new album releases. It does not require artists to sign away any rights or intellectual property to middlemen according to LÜM.Aim to onboard 100 artists in 2022Speaking with Cointelegraph, LÜM CEO and founder Max Fergus was tight-lipped on who the 25 artists will be for the launch but indicated the wider goal is to onboard 100 top musicians in 2022 to “catalyze the mass adoption of blockchain-enabled technology by artists, and fans”, while the long term aim is to partner with more than 10,000 musicians.Fergus stated that LÜM chose to partner with Dapper Labs and launch on Flow due to the successful and user-friendly model of other NFTs projects on the blockchain such as NBA Top Shot: “For us, we really wanted to model ourselves off NBA Top Shot. A community that was building collective value by bringing players underneath an individual umbrella.”NBA Top Shot is the top NFT project on Flow, and has generated more than $848.3 million worth of secondary sales since launch in late 2020 according to data from CryptoSlam. Fergus stated that LÜM’s shift to the blockchain was part of a push to get behind “revolutionary” Web3 tech and he believes the sector’s impact on the music industry will be as revolutionary as going from vinyl records to online streaming. “I would put it on a very similar level to that. It’s an entirely new way of not just experiencing artists and music but a new way of opening up the total addressable market.”Related: Dapper Labs becomes the first NFT company to register to lobby with the US governmentFergus stated that a major issue he sees in the music industry right now is “ individual creators trying to monetize their individual fan base,” as he emphasized the importance of introducing a blockchain-based platform that links different communities together.“By unifying artists underneath an umbrella, we cannot only cross-pollinate fanbases but easily introduce the blockchain community into artists that maybe they’ve never even known before,” he said.

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'Art emergency': Wikipedia editors vote against classifying NFTs as art

A group of editors on Wikipedia, the free user generated encyclopedia, have voted against classifying NFTs as a form of art and have come to a consensus to shelve the issue until a later date. A survey and debate started on the platform at the end of December revolving around the most expensive art sales by living artists and whether NFT art sales should be deemed as “art sales” or “NFT sales.” “Wikipedia really can’t be in the business of deciding what counts as art or not, which is why putting NFTs, art or not, in their own list makes things a lot simpler,” editor “jonas” wrote. Much of the discussion centered on whether an NFT represented the art or if it was simply a token that was separate to the underlying art. The editors were torn on the definitions and some felt that there was a lack of reliable information to conclude from. A call for votes found five editors opposed to including NFTs in art sales and just one in support. A consensus was made on Jan. 12 to remove sales such as Pak’s NFT collection that fetched $91 million and Beeple’s $69 million NFT from the top art sales list, and re-open the discussion at a later date.The decision seems contentious when looking at Beeple’s NFT “Everydays: The First 5000 Days” in particular, which depicts a collage of original artworks from a renowned digital artist that sold at the prestigious Christie’s art auction house last year in March. The New York Times also described Beeple as the “third highest selling artist” alive at the time. According to Wikipedia’s guidelines, neither unaminty or a vote is required to form a consensus. To reach a decision, the consensus must factor in all participating editor’s legitimate concerns that fall within the platform’s policies. What do Wikipedia editors know anyway?However, the consensus position didn’t go down well with the sole NFT supporting editor “Pmmccurdy” who argued: “How can we have a consensus when, from the start, I have argued in support of including NFTs on this list. The overwhelming evidence from secondary sources places NFT art as art and thus worthy of inclusion on this list.”“If we agree Beeple and Pak are artists, why would their sales not count on this list? I don’t understand the logic here,” they added. Editor “SiliconRed” responded that the consensus they were reading was that: “NFTs should be removed from this list for now with the intention to re-open discussion at a later date. To my understanding, this incorporates all concerns, including yours.” Related: Wiki contributors want to drop crypto donations over environmental concernsNFT proponents such as Nifty Gateway co-founder Griffin Cock Foster were irked by the issue, noting on Twitter earlier today that: “This is pretty messed up to see – Wikipedia mods are trying to say that *no* NFT can be art — as in, if it’s an NFT, it can’t be classified as art.”Foster’s twin brother Duncan also chimed in, labeling it an “Art Emergency” as he called the community into action via a post that was re-tweeted by Gemini co-founder Tyler Winklevoss. “Wikipedia works off of precedent. If NFTs are classified as ‘not art’ on this page, then they will be classified as ‘not art’ on the rest of Wikipedia. Wikipedia is the global source of truth for many around the world. The stakes couldn’t be higher!” he said Art Emergency!! There is a debate happening rn on @Wikipedia that has the potential to * officially categorize NFTs as ‘not art’ on all of Wikipedia. *Wikipedia is a global source of truth. Having NFTs categorized as ‘not art’ would be a disaster!:— Duncan Cock Foster (@DCCockFoster) January 12, 2022Everipedia, a decentralized Web3 equivalent of Wikipedia, responded to the platform by comparing its approach to NFTs and art: “Everipedia editors have created over 100 pages on #NFT collections while Wikipedia is moving to mark NFTs as “not art” across their platform. It’s time for NFT projects to move to Everipedia $IQ, a Web 3.0 encyclopedia which supports art and innovation.”This isn’t the first time Wikipedia has had issues with reporting crypto-related information. Cointelegraph reported in September 2020 that anti-crypto activist and senior Wikipedia editor David Gerard helped remove an entry relating to Australian blockchain software firm Power Ledger. Gerard stated the post was deleted on the “basis of being a pile of press-release churnalism, and the only genuine press coverage was about how Power Ledger was a scam,” despite the entry being sourced from reputable publications such as TechCrunch and The Economic Times.

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Don’t mention ‘K’ country: Bitcoin Magazine's YouTube restored after ban

Bitcoin Magazine’s YouTube channel was restored around three hours after being shut down, with the publication attributing the short ban to the YouTube algorithm flagging the word “Kazakhstan.”In a Jan. 12 Twitter post, Bitcoin Magazine noted that its YouTube account with 56,600 followers was banned in the middle of a livestream with no prior warning from the platform. “Our @YouTube with 60,000 followers just got BANNED mid-livestream with no warning. DELETED. When will the aggression against #Bitcoin content end?”The livestream was focused on topics relating to Elon Musk, Jack Dorsey, Bitcoin (BTC) mining and the recent internet blackout in Kazakhstan that was reportedly initiated by the government in response to mass protests over surging fuel prices in the nation. Bitcoin Magazine stated it wasn’t entirely sure what grounds YouTube had used to ban its channel, but did confirm that its account had been restored an hour after it had submitted an appeal, suggesting that Youtube had realized its error. In a live broadcast after the reinstatement, host Alex Mcshane noted that the panel was discussing the internet blackout’s effect on the BTC mining hash rate without saying anything controversial, but was using a set of “algorithmically and politically charged words” which may have triggered the automated shutdown: “I wanna talk about what happened, without triggering it again […], we were talking about a certain politically charged country that starts with a ‘K’.”Bitcoin Magazine also shared a post earlier today noting the initial response from YouTube regarding the ban, with the Google-owned platform stating that “content that encourages illegal activities or incites users to violate YouTube’s guidelines is not allowed.”“We may allow depictions of such activities if they are educational or documentary in nature and don’t help others imitate them,” the response added.Despite its content policy, current searches on YouTube still yield results showing multiple live streams using the identity and video content of popular figures such as MicroStrategy’s Michael Saylor to promote dodgy websites and supposed “crypto giveaway” scams. Either Michael Saylor does a lot of live streams or some vids are dodgy: YouTubeRelated: Key on-chain metric shows Bitcoin miners in ‘massive’ BTC accumulation modeCommenting on the ban in the r/CryptoCurrency subreddit, user u/Setl1less highlighted the hypocrisy, arguing that “Youtube has made it a habit of taking down prominent informative accounts” while allowing scams to operate freely.

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P2E game Nyan Heroes aims to save 1 billion sheltered cats

Cat themed play-to-earn (P2E) NFT game Nyan Heroes is aiming to save 1 billion cats from euthanization in animal shelters across the U.S.Nyan Heroes is an upcoming NFT battle royal shooter style game built on the Solana blockchain that will enable players to compete with each other using NFTs depicting animated cats that are used to pilot mech-robot NFTs in the game. The U.S. based project has been in development since October and the game is set for release in Q4 2022. Its first NFT drop is currently available for hodling and trading on marketplaces such as Fractal. According to data from Solana Art, Nyan Heroes is the fourth-highest NFT project on Solana in terms of seven day volume and market cap, at $279,000 and $18.2 million, respectively. In an interview with Cointelegraph, Nyan Heroes co-founder and Australian Wendy Huang outlined the firm’s charitable vision moving forward, along with providing a rundown of the upcoming game. Huang has been involved with crypto since 2016 and has also built a successful career as a content creator ranging from vlogs to DIY videos, pranks and music and has amassed almost 14 million subscribers on YouTube. Save the catsHuang stated that her, and fellow co-founder Max Fu’s, love for cats was a key driver behind tying animal-focused charity work to Nyan Heroes. She said they have an ambitious goal of “saving 1 billion cats” from euthanization in animal shelters via charitable donations generated from portions of the project’s NFT sales. Nyan Heroes revealed their first efforts in this area on Dec. 24, when it announced a $250,000 donation from the proceeds of its first NFT drop to the non-profit Best Friends Society. ‘That was one of the proudest moments I’ve had in this project,” she said.Crypto saves lives! Thank you @nyanheroes for your amazing donation of @ethereum for the animals! Their fundraiser raised $250,000 to help cats just like Pumpkin ^ac pic.twitter.com/MTCKEYUTtp— Best Friends (@bestfriends) January 3, 2022Best Friends Society provides a “no-kill” sanctuary for orphaned animals and also prevents cat and dog deaths in shelters across the U.S. through its charity work. The group estimates that its “no kill” movement has helped reduce the number of cat and dog deaths in animal shelters from 17 million yearly to around 347,000.Huang revealed that the game project will be launching a DAO that will give its members voting rights on where Nyan Heroes donations will be allocated in the future. “We’ll be creating a young hero DAO. And part of that DAOs responsibilities will be deciding where to donate funds to, to which animal shelter and to what causes in that particular realm.” she said. Related: Play-to-earn game hosts Christmas charity drive for Ol Pejeta ConservancyNyan HeroesHuang highlighted that a major sticking point for P2E blockchain games is sustainability over a long period of time. She said many P2E games are reliant on a continual stream of new users to remain profitable and suffer from players continually cashing out and taking value out of the game. “We don’t know how many players will be coming into the economy. So we need to realize that building a game is not only about the game play, but about the economic system and how sustainable everything is,” she said. Huang said Nyan Heroes sustainability model is built off several factors such as introducing an in-game stablecoin to reduce volatility of the its assets, staking rewards on NFTs and a triple A gaming experience similar to Fortnite which has “historically attracted players” who want to spend money on the game: “The way we address it is to come up with a better game where users will actually want to play the game and inject value into the system to balance out the players that come into the ecosystem to take value out.”“We keep the in-game token stable so that the value of your in-game items isn’t going to crash and burn. And we feel like that’s what players need to want to stay with a game. You don’t want your in-game items to be worth $1,000 one day and then $10 dollars the next,” she added.Proudly introducing our new expanded team! With decades of experience in AAA studios like Riot Games, EA, Ubisoft and Respawn, our team is ready to take NH to new heights in 2022!This is only just the beginning, you are here early. The amazing team:https://t.co/0cmPgsaigh pic.twitter.com/3R3l18E3gO— Nyan Heroes (@nyanheroes) December 29, 2021

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