The crypto community never shies away from deploying new cryptocurrencies that are themed on current events, and Halloween was no exception. The industry saw an influx of Halloween-themed cryptocurrencies hoping to cash in on the hype around the festivities. Halloween-themed cryptocurrencies have taken over the crypto ecosystem on Twitter, typically offering no real use case or future for investors. Projects like these have a track record of being sourced as an off-the-shelf product, which can be quickly renamed and deployed in the free market for trading. Our target is 50 millions market cap an 0.01$ price — Halloween Token (@CyberMetaWorld) …
Dormant Punks Nonfungible token (NFT) sleuths have dug up an old wallet from 2017 that minted 141 CryptoPunks for 0.02 ETH, which was around $7 at the time when the project launched. According to the Twitter user Nansen Intern from the analytics platform the wallet is now valued at 11,300 ETH, or around $14.7 million at current prices. The wallet has shown no activity since then leading to speculation the owner lost the seed phrase. The wallet is placed in the top ten in terms of CryptoPunks holders and many collectors are reportedly monitoring it in hopes of snapping up …
Mass media holding company iHeartMedia is planning to distribute free nonfungible tokens, or NFTs, in partnership with sustainable NFT platform OneOf — a campaign that could introduce more music lovers to digital collectibles. The campaign is intended to promote the 2021 iHeartRadio Music Festival in Las Vegas, which will take place Sept. 17 to 18. Beginning on Tuesday, users can claim one free NFT “poker chip” on the OneOf platform. Up to 1 million tokens are claimable through Sept. 14. Users who collect an entire set are eligible to receive a limited edition NFT by artist Cory Van Lew. As …
Blockchain media company Slate Entertainment Group revealed its ‘seven figure deal’ on acquiring rights for a documentary about blockchain during the Cannes film festival, company representatives reported to Cointelegraph. A new lead to the movie business Slate intends to broadcast the documentary Beyond Bitcoin via its blockchain based online streaming platform Binge. The decentralized Binge platform provides low-cost, high-speed, high-definition media access for consumers worldwide, says the text of the press release. During the Cannes festival in May 2018, Slate appeared at the center of the buzz surrounding blockchain technology and its potential to alter the entertainment industry. In Cannes, …