Jana has keen interest in what cryptocurrencies have to offer in regards to NGO’s, governments and the financial system. And is also intrigued with the psychological effect that cryptocurrencies have on society.
A new survey by CNBC reveals that a majority of millennial millionaires have invested a good portion of their wealth in cryptos and plan to invest even more in the coming year, despite the recent price declines.
Nearly half of millennial millionaires have at least 25% of their wealth in cryptocurrencies, according to a new @CNBC Millionaire Survey.
More than a third of millennial millionaires have at least half their wealth in crypto and about half own NFTs. https://t.co/HFPAYHrq2S
According to the survey, which polled investors with investible assets of US$1 million or more, over half – 53 percent – of respondents indicated that they hold 50 percent or more of their portfolios in crypto investments, with one-third of respondents having already invested at least three-quarters of their portfolios in crypto assets. This is in stark contrast with older generations of millionaires, as only 4 percent of baby boomers hold any cryptos whatsoever and 75 percent of Gen X investors own none at all.
Millennials Bullish on Cryptos
The survey results suggest that cryptos are causing a vast generational divide between investing and wealth creation. While cryptos have become the primary source of wealth creation and asset growth for many younger investors who got in early and saw massive returns, older generations of millionaires are still largely sceptical of digital wealth.
George Walper, president of Spectrem Group – who conducted the survey on behalf of CNBC – noted that rising interest in the cryptos market could become an issue for wealth managers, stating:
I’m not sure the wealth management industry has recognised that they need to think of these as completely different generations. Most firms were hoping to ignore it. But millennial millionaires are not going to just grow out of crypto.
George Walper, president, Spectrem Group
The survey has also highlighted the risk appetite of younger generations regarding crypto investments, with 48 percent of millennial investors planning to add to their crypto portfolios in the coming year, while 38 percent plan to hold. Only six percent indicated that they intend to reduce their crypto exposure in 2022.
Australian Investors Increasingly Interested in Cryptos
Australia is becoming one of the market leaders in terms of crypto adoption, especially among its millennial population, with cryptos expected to overtake fiat in Australia by 2029. During the past year, the country has seen a 10 percent growth in crypto adoption, up from 18.4 percent in 2020.
According to a report by Reuters, the Central Bank of the Russian Federation (CBR) is looking to ban crypto investments. In a directive issued earlier this week, the bank has also barred mutual funds from investing in digital currency.
Russia Rebels Against Crypto
The Russian Federation, which has long argued against cryptos – citing concerns of risks to financial stability, money laundering, and possible financial terrorism – has yet again spoken its mind.
After issuing concerns over the security implications associated with cryptos, the federation eventually gave them legal status in 2020 but banned their use as a means of payment. Following this, the central bank is now in talks with market players and experts regarding a possible overall ban on cryptos.
BREAKING: Russia attempting to ban #Bitcoin for like the 100th time
Should a ban be approved by lawmakers, it would apply to new purchases of crypto assets but not those made in the past. Russia’s current stance amounts to a “complete rejection” of all cryptos, a source close to the bank has said.
According to the bank, the annual volume of crypto transactions conducted by Russians amounts to about US$5 billion, with CBR first deputy governor Ksenia Yudaeva claiming the use of cryptos lowered the efficiency of monetary policy. According to Yudaeva, “The situation in developed market countries more and more resembles the so-called shadow financial system.”
CBR Seeks to Ban Mutual Funds from Investing in Crypto
Adding to the bad news for investors, Russia has issued a directive that prohibits Russian mutual funds from directly or indirectly investing in crypto assets.
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency https://t.co/ZdRqt3H53Z
According to the CBR, funds cannot invest in digital currencies or in “financial instruments, the value of which depends on the price of digital currencies”. The proposal issued by the CBR, in line with its hard stance on decentralised digital money, comes after the regulator urged stock exchanges to avoid trading securities tied to cryptocurrencies in July 2021.
Despite its firm stance against cryptos, Russia is currently working on a Ruble-backed central bank digital currency (CBDC). A pilot program was set for launch this month, but the deadline has been moved with a prototype expected to be created in “early 2022”.
Hacking a Cause of Concern for Russia
Hacking has become a hot topic in the crypto world as the incidence continues to rise. Of particular concern is the involvement of Russian-based hackers. In October, Google’s Threat Analysis Group (TAG) spent a good deal of time fending off hackers attacking the accounts of YouTubers to hijack and repurpose them to run ads for crypto scams. TAG had found that the perpetrators of the campaign were recruiting hackers from a “Russian-speaking forum”.
Last month, the US Department of Justice announced charges against a REvil ransomware affiliate responsible for the hack against the Kaseya MSP platform in which ransom demands totalled US$767 million. Law enforcement has also impounded an additional US$6.1 million from another REvil ransomware affiliate, Russian national Yevgeniy Polyanin, who remains at large.
Earlier in the week, Crypto News Australia published a guide on the five most interesting NFT projects launching on the Cardano blockchain this month. Follow this article for the low down on the five most interesting projects set for launch on the Solana (SOL) blockchain this month.
SolGame
SolGame allows NFTs to be traded new or on the secondhand market.
SolGame, a win-to-earn platform and Squid Game crypto fan project, is powered by a collection of 3,333 unique NFTs. Players can collect HD NFTs and generate passive income by holding specific NFTs. The project includes ultra-rare, animated drops, and cross-platform gaming. The concept allows users to mint new or trade SolGame NFTs on the secondhand market to make up their team, and participate in the daily competition for a chance to win.
Aurory Project
Encounter NPCs and Nefties in the Aurory game universe.
Aurory ($AURY) is a P2E (play-to-earn) desktop game in which players are invited to explore a rich and diverse universe. Players can travel across two different areas and biomes, called “Antik” and “Cryptos”, where they will meet an array of “NPCs” and “Nefties”, magical creatures which can be caught or traded. $AURY token can be earned via PvE and PvP game modes and through staking, while also tradable through a traditional DEX on Aurory’s in-game marketplace.
StarLaunch
StarLaunch is the first insured IDO launchpad and incubator for SOL projects.
StarLaunch, an Initial DEX Offering (IDO) launchpad for the SOL blockchain, is set for imminent launch. The project is an incubator for blockchain projects built atop SOL, which aims to connect projects with a community of backers. StarLaunch is the first insured IDO launchpad and incubator for SOL projects, with a stated goal of connecting its “community of backers with trusted and thoroughly vetted Solana blockchain projects”.
SolCaps
Customisable SolCaps.
SolCaps is a collection of 1,616 unique and randomly created NFTs and as a project aims to gather different users from different blockchains through fashion, specifically caps with crypto designs. The project is adamant that the community making it possible must have a voice and a vote on the future of SolCaps. This means that the project will donate to NGOs and the community will decide the best cause to help.
The SolCaps NFTs will be available for minting at a price determined through a vote by the community via the project’s Discord. Each item has a unique design based on different cryptocurrencies and will be available for users to use for a profile picture on Twitter or Discord, for example.
Dessert Girls
Aime, one of the Dessert Girls available for purchase.
Consisting of 2,222 algorithmically generated NFTs, Dessert Girls is a first-generation collection with a future breeding feature that will live in the Sweet Metaverse. Owning a Dessert Girl NFT will be the starting point, with players able to buy a Dessert Boy to make a couple. Each NFT will have visible physical traits but also character traits. After minting, the project will add ‘trait-extras’, allowing for customisation on the second market.
The Sweet Metaverse will make use of $SWEET coin, which will hold utility in the metaverse as a currency. The coin will be distributed to Dessert Girls holders at the start of 2022.
As the NFT boom continues, Formula One (F1) has cemented itself in the race to the blockchain as it launched its own non-fungible token (NFT) fantasy game, “DeltaTime”. F1 DeltaTime is built atop Ethereum and is based around the collection and trading of unique Formula One cars, drivers and components.
Get Your REVVs Up
The latest news from the F1 DeltaTime world is that it has now also introduced NFT staking. Consisting of two main play experiences, Collection and Competitive Racing Games, FI DeltaTime – with its native token REVV – utilises the Ethereum blockchain and runs off the ERC-20 standard. NFTs are available for purchase on OpenSea for relatively reasonable prices.
However, NFTs of some of the more famous characters in the racing world such as leading F1 driver Lewis Hamilton will run to about 8.99 ETH (approximately US$36,400). NFTs can also be purchased using the REVV token.
Lewis Hamilton NFT available for a cool US$36,400. Source: OpenSea
The Collectibles Game centres on trading rare virtual items including Cars, Drivers, Components and Trinkets, which adds gamification to the collection of NFTs, adding layers such as achievements and leaderboards.
Race Your Own NFT Car
Like traditional racing games, the “Racing Game” allows players to take their collectibles – cars, drivers trinkets and components – and manage them into a race-ready Grand Prix entrant. The game is presented to the player or the owner of the NFT as a 2.5D perspective overlooking a selected track and allowing players in command of their racing vehicle to control the car’s acceleration and braking.
For a handy tutorial on how to start racing, watch this YouTube video:
Stake Your Car for Rewards
Ending the year on a high note, F1 DeltaTime has announced a new pool of 1.5 million REVV available to be earned by players via staking. The game has also announced the SHRD token, a new P2E (play-to-earn) token now earnable in F1 Delta Time. Staking takes place for 28 days from December 9.
Staking in this instance refers to owners sending their car NFTs to a staking smart contract for a given period, where they will passively earn REVV from the token pool. While in staking, the NFT cannot be used in any of the gameplay modes.
Once staked, the NFTs cannot be unstaked or restaked for a 24-hour cooling off period. Earning is determined based on every 24-hour period a car remains staked. Owners can claim their staking rewards after the entire staking period has ended.
Get ready to Stake!🔥 Staking goes live tomorrow on: ➡️➡️➡️9th December at 8am UTC! ⬅️⬅️⬅️
There are no signs of a slowdown as the world of NFTs continues to throw up innovative and interesting projects, among which fantasy NFTs games remain one of the most popular.
Amid the rise of blockchain-based fantasy NFT games and fantasy football games, Sorare has been one of the biggest on the front, raising US$680 million in a historic Series B funding round in an effort to expand its game.
To learn more about the most interesting NFT projects set to launch, from P2E to metaverse, Crypto News Australia has published a helpful guide.
By way of expanding its metaverse footprint, sports apparel giant Nike has announced the acquisition of RTFKT Studios, a digital art studio focusing on sneaker-themed non-fungible tokens (NFTs) and collectibles on the Ethereum blockchain.
According to Nike CEO and president John Donahoe, “This acquisition is another step that accelerates Nike’s digital transformation and allows us to serve athletes and creators at the intersection of sport, creativity, gaming and culture.” He added: “We’re acquiring a very talented team of creators with an authentic and connected brand. Our plan is to invest in the RTFKT brand, serve and grow their innovative and creative community, and extend Nike’s digital footprint and capabilities.”
The move by Nike serves to cement its position in the metaverse and blockchain-based branding. Last month, the company launched NIKELAND in a collaboration with Roblox for an immersive 3D world. During that time, Nike had also submitted four filing requests to trademark virtual goods with the US Patent and Trademark Office.
Feels like the majority of the NFT influencers I follow have an RTFKT avatar this morning. Took Nike a couple years (and attempts) to take over the skate industry. They came in and swept the metaverse overnight.
Founded in 2020, RTFKT is a pioneering and innovative brand that redefines the boundaries of physical and digital value to serve its broad community of creators. Co-founder Chris Le has said that “when we first started, we had fun designing sneakers inspired by video games and making dope content and always trying to innovate”.
Nike has always been our inspiration. This is the start of a new chapter in the RTFKT story.
Chris Le, co-founder, RTFKT
The current NFT craze is really helping me to understand the wackadoo stories you sometimes hear about the late days of the dot-com bubble in the 90s.
"Nike just bought a virtual shoe company that makes NFTs and sneakers ‘for the metaverse’" https://t.co/2T8y8CsnHE
Adidas and Asics Beat Nike in Race to the Metaverse
Although now officially part of the metaverse, Nike won’t be the only sports apparel company occupying the space. Earlier this month, Adidas announced it would be collaborating with Bored Ape creators and Yuga Labs to enter the metaverse. Adidas had made a show of good faith by purchasing a Bored Ape Yacht Club NFT for 46 ETH, or US$156,000 at the time.
Amid a booming non-fungible token (NFT) market, few things still manage to amaze but the news that 80 million NFTs have been minted on the AtomicHub interface is one.
Almost 80 million NFTs minted, and over 44,000 sales transacted today. Source: AtomicHub
WAX, or Worldwide Asset eXchange blockchain, considered the most eco-friendly platform for NFTs, collectibles and video games, has witnessed significant trading volumes, with a market cap currently sitting at US$1.5 billion and the WAX token trading at US$0.43.
On the platform, users can play several decentralised games, build their DApps, as well as buy and sell NFTs using WAX in a fast, cost-efficient manner.
Starship Launches on WAX
The most recent decentralised game to launch on WAX is Starship, a play-2-earn (P2E) NFT game. The launch of Starship comes amid an also bustling GameFi market.
Partially funded by WAX Labs, AtomicHub is an interface for the NFT standard AtomicAssets, which focuses on usability along with Ram efficiency. One of the most significant features for users is that Ram costs are fully paid by the NFT creators (never the users), along with the powerful two-sided trade offers available on the interface. AtomicHub is split into an “Explorer”, which allows users to browse through all the AtomicAssets NFTs, and a “Marketplace” where users can buy and sell NFTs.
AtomicHub interface. Source: AtomicHub
The interface also offers a “trading section” which allows users to see the trade offers they have received or sent and to create new trade offers. Then there’s “NFT Creators”, which allows anyone to create their own NFTs without required coding knowledge. This facility has driven a massive influx of artists creating NFTs on WAX.
WAX Marketplace Dominated by NFT Game Trading Cards
The NFT market is a creative and innovative space, but among the 80 million NFTs already minted on WAX, game trading cards seem to be dominating across the board.
NFT Game trading cards dominate on WAX.
Although a very busy and serious contender in the crypto market at the moment, the NFT space continues to keep it fun and light. For example, AtomicHub is proud to host the “Avocado” NFT as part of the “Taco” collection. “Avocado” is advertised as a taco ingredient that can be traded for TACO tokens with the Taco mobile app. The NFT is currently for sale for 177.5 WAX, or approximately US$76.64.
If you’re an avocado aficionado, head over to AtomicHub.
Our daily lives have been consumed by everything Covid-19 related, but one company is taking it to the next level. ViroMusic is now trying to sell the sound (yes, you read right) of Covid in non-fungible token (NFT) form for an outlay of US$285 per song.
NFT of Covid-19 Goes Viral
ViroMusic is a collection of NFT songs ‘created’ by the Covid virus. Using a technique called DNA sonification, the collection is synthesised using the genetic sequence inside the coronavirus, with the melody in the songs drawn from the viral sequence.
ViroMusic’s Covid-19 audio NFT. Source: Rarible
According to Viromusic’s website, experts will take the genetic code of the virus using a DNA sequencer that will return a string of letters G, A, T and C. The string is then broken down into three-letter blocks, called codons, and each is assigned a musical note.
Viromusic’s software searches through the entire 30,000 letters-long code of the virus to find sections that sound musical. Notes are thereafter turned into music using a digital audio workstation and consequently become the melody of the song, after which instruments such as cello, bass and drums are added as accompaniment.
10,000 Sequences Turned into Songs, Then NFTs
According to ViroMusic, “Using DNA Sonification, the melody in the songs is derived entirely from the viral sequence. Every note in the melody is part of the step-by-step instructions the virus uses to make more copies of itself.”
In total, a series of 10,000 sequences have been synthesised into songs which were then minted as NFTs, ranging from slow and melodic to energetic rock music. Accordingly, each song in the collection is “one of a kind”, as every track has its own viral melody.
The NFT collection is available for purchase on Rarible. To date, and probably unsurprisingly, ViroMusic has only sold one composition since its launch earlier this month.
Bizarre NFTs the Flavour of the Season
As NFTs go, things have got rather strange – who would have thought synthesising songs from Covid’s genetic code was something NFT enthusiasts would even be interested in? But anything is possible in this space, as releases this month are proving with not only interesting but downright bizarre NFT projects on launch.
Follow these Crypto News Australia guides for the latest in the crazy world of cryptos.
After US Congressman Brad Sherman mockingly mentioned “Mongoose Coin” at a crypto hearing, it prompted a few crypto degens to launch a memecoin by the same name. Since its inception on December 8, the coin has shot up 320,000 percent and Sherman’s reference to the fictional token has spurred several others to pop up.
California Democrat Sherman has become an overnight inspiration for token creators after denigrating the competitive world of cryptos. During a House Financial Services Committee hearing on crypto, the Congressman referenced a story of the old woman who swallows bigger and bigger animals to catch the previously swallowed animal, adding that “the number one threat to cryptocurrency is crypto”.
Sherman illustrated the point by saying that Bitcoin may be unseated by Ether, which in turn could be displaced by Doge, only to also be replaced by Hamster Coin and the Cobra Coin. He then added, by way of capping the rhetorical joke, “what could Mongoose Coin do to crypto coin?”
May this be a warning to all who dare to joke about crypto? Shortly after Sherman’s remarks, a token called Mongoose Coin ($MONG) was created and within just a few hours its market cap had ballooned to US$2 million, now up a massive 320,000 percent since launch.
$MONG up 320,000 percent. Source: Dexscreener
Since the December 8 hearing, Sherman-inspired coins have been created on the Polygon, Avalanche and Binance Smart Chain networks, each with differing token supplies, which have performed accordingly. Mongoose Coin, for example, had a listed market cap of US$9 million, while Mongoose Coin DAO has a valuation of US$914,000. Sherman Coin is at US$148,000, according to Dextools.
After Sherman’s remarks, Hamster Coin, which existed prior to the hearing, also spun its wheel off the chart.
Hamster Coin price chart. Source: Coinmarketcap
Although Sherman’s comments made for some light entertainment, his statements were jumbled and he just didn’t stick the landing. The point he was trying to make was, however, not entirely wrong. In the case of fiat money, the US dollar may be the standard global currency but national currencies of other nations will continue to hold values based on the very fact that they exist. As opposed to the real world, in crypto we see the cycle repeated time and time again – altcoins rise, flop, become worthless, and simply disappear.
Regulators Unsure How to Handle Cryptos
Right now, the US Senate House Committee on Financial Services is a source of entertaining meme-worthy moments but it remains one of the leading information disseminators regarding cryptos. In October, US Securities and Exchange Commission (SEC) chairman Gary Gensler confirmed that the regulator had no intention of banning digital currencies, instead saying that any such ban “would be up to Congress”.
However, a month earlier the SEC announced it was investigating Uniswap Labs, parent company of Uniswap, the world’s largest decentralised exchange. Apparently, the SEC has DeFi insights and aims to bring forth some regulation.
After its valuation shot up earlier this year, Reddit intends to expand its Community Points beta, allowing any subreddit to request the ability to create its own token. Reddit released a waitlist for subreddits who wish to do so and has provided additional information regarding its Community Points on its website.
Subreddits Can Have Own Points, Name, Symbol and Token
Reddit Community Points are handed out as rewards for active users in the community and can be given based on the number of upvotes a member receives within a subreddit, whether for a post they had made themselves or a post made on somebody else’s. The expanded Community Points programs will allow each subreddit to have its own Community Points, with a custom name, symbol and token.
According to Reddit, Community Points are about building a reputation. “But it's not limited to Reddit either. Because your Points are on the blockchain, you can take your reputation anywhere you want on the Internet,” the company says on its page. https://t.co/Z7bPqMqTDD
Points can have value too and may be sold for other cryptos. The crypto points have value within each respective community/subreddit and can be used to purchase features or engage in community governance. Additionally, the points can also potentially be swapped for other cryptos or tokens at exchanges, or used for external purposes.
Tokens Retain Community Ownership
Reddit adds: “Community Points are the first step towards a different future for online communities … these tokens live on the blockchain, which means they are truly owned by the community. Over time, your community will benefit from even greater control and independence -on and off of Reddit.”
Currently, Community Points run on a test net version of Ethereum, but Reddit is working with Ethereum layer two scaling solution Arbitrum to see if it can run a version of that instead. As it stands, Reddit offers Community Points in the r/Cryptocurrency subreddit, called Moons, and in the r/Fortnite subreddit, called Bricks.
Reddit adds that the goal of introducing tokens to Reddit is that they can be used to incentivise good behaviour or content creation without a specific community. Community Points can also potentially be used in the future to run a community itself – a theme that some users are not entirely happy with.
I’ll get to the point: there are now better ways to get feedback, build community, and to have fun with players as a dev without ever touching Reddit. I don’t foresee many game devs subjecting themselves to the old ways much longer.
The news of tokens to additional subreddits comes during a welcome time as Reddit busies itself in the crypto world. In October, Reddit fuelled speculation it was getting into the non-fungible token (NFT) craze. A new job posting for a senior back-end engineer even had many wondering whether the social media giant might be building its very own NFT platform.
As the non-fungible token (NFTs) boom continues to explode, new projects are popping up left, right, and centre. One of the more recent developments in this burgeoning market is the use of NFTs as digital avatars, along with some meme projects set for imminent launch.
Follow this guide for the inside scoop on 10 bizarre meme avatar NFT projects ready to launch this month:
1. Chimp Club
Chimp Club NFTs are fully customisable. Source: Chimp Club
Set to launch on December 10, Chimp Club is a collection of 10,000 handcrafted and randomly assembled chimps who all live on the Ethereum blockchain. Out of a wide variety of personalities – from hackers and artists to degens, boomers and zoomers, with each chimp built from a unique combo of hair, hats, eyes, mouths, and outfits – owners are able to fully customise their chimp’s profile.
Chimp Club is a community-driven initiative, which will allow holders of Chimps to take part in coordinating the club’s treasury, development and direction. By purchasing a chimp, buyers will be granted full and complete rights to do whatever they want with the NFT and the artwork included, commercially or otherwise. To mint a chimp, holders can use MetaMask, Wallet Connect or Wallet Link.
2. Eraser Heads Lead Rebellion
Unique, generative Eraser Heads. Source: Eraser Heads Lead Rebellion
Eraser Heads is a collection of 11,111 unique, generative NFTs that exist on the Ethereum blockchain. From the December 8 presale, Eraser Heads also exist on the Polygon blockchain network, which means there are no gas fees associated with minting so holders are able to keep more of their initial investment. These NFTs have some additional utility, with buyers earning tokens just by holding.
3. Eternal Utopia
A Utopian living on the Ethereum blockchain. Source: Eternal Utopia
The Eternal Utopia is a collection of AI-generated humanoid characters (Utopians) that are residents of an alternative planet Earth on the Ethereum blockchain, doubling as ERC-721 tokens. Each NFT is hand-sketched using a different colour palette and shading group by the artist, Shoeb. Utopians are created by using generative arts randomly shuffled from 101 different traits, including skins, accessories and expressions.
4. Ghetto SharkHood
Ghetto Sharks gain holders lifetime membership to the club. Source: Ghetto Sharkhood
Already available for purchase on the OpenSea marketplace, Ghetto SharkHood is a limited collection of 10,000 Ghetto Shark NFTs stored on the Ethereum blockchain as ERC-721 tokens. By purchasing a Ghetto Shark, holders gain lifetime membership to the SharkHood, along with members-only benefits. Each Ghetto Shark is unique and programmatically generated from 180 possible traits, including expressions, headwear, accessories and skins.
5. Foxtoons Club
Randomly generated “Boodles”. Source: Foxtoons Club
Launched on December 8, Foxtoons Club is a collection of programmatically generated NFTs built on the blockchain. The first generation consists of 3333 random Foxtoons, which are randomly assembled and picked from a pool of 500,000 possible outcomes. The club derives from a variation of faces, bodies and hats, with each “Boodle” randomly generated and unique. Ten percent of all sale proceeds generated will be sent to a community safe, which will be returned to holders in the form of contests and raffles.
6. Axolols NFTs
Axolols. Source: Axolol NFTs
Axolols are a collection of 8,888 hand-drawn and algorithmically generated axolotl profile pictures on the Ethereum blockchain, living as ERC-721 tokens. Each Axolol is generated from more than 120 individual traits of varying rarities, with rankings to be created after launch. Axolols will be available to mint for 0.03 ETH (plus gas) at up to 20 each time, and will be 3000 x 3000 pixels and stored decentrally in the InterPlanetary File System (IPFS). The project intends to use funds generated from the sale of the NFTs to help fund various conservation efforts.
7. Birds ’N’ Blades
Game-esque avian characters. Source: BirdsNBlades
Dropping December 8, the Birds ‘N’ Blades NFT project is a collection of unique avian warriors in a style of roleplaying game-esque characters. Developed by Polynode Studios, 3,333 randomly generated pixel NFTs will represent the first stage of Project Aves, with the collection inspired by famous pop-culture characters. After the first stage of the project is completed and every bird is minted, it will move toward phase two with an extended universe collection.
8. Sol Amphibians
Hold two of these for a month and they’ll ‘breed’. Source: Sol Amphibians
Living on the Solana blockchain, Sol Amphibians are a collection of 4,444 unique 3D NFTs handcrafted using AI and algorithmic attributes. Users will enjoy Breeding Functions, which are built in by simply holding any two for a period of four weeks to receive a free baby amphibian delivered to the holder’s Solana wallet. All Amphibians are metaverse-ready.
9. Mr.Uncommon
“Uncommon” NFTs that “refused to be common”. Source: Mr.Uncommon
Mr.Uncommon (who refused to be common) is a collection of 10,000 handcrafted generative art portraits that all live on the Ethereum blockchain, created by industry-leading artists. The aim is to highlight the hidden talents or attributes of individuals to help holders achieve their desired state of life, or at least one matching their aspirations.
Each “Mr.Uncommon” NFT has its own vibrant colour scheme, 277+ traits and many rarities, and is a singular masterpiece that conveys a novel message. The NFTs are available for purchase on the OpenSea marketplace.
10. Everyday Sloths
Everyday Sloths, directly interactive within OpenSea. Source: Everyday Sloths
This groundbreaking collection of 7,777 unique sloths hangs on the Polygon network. Everyday Sloths are the first of their kind, fully customisable and directly interactive within OpenSea. Monthly drops of limited item collections are available with owners allowed to continually customise their sloths beyond minting. Every token sale will include a portion that goes to the Sloth Conservation Foundation.
On purchase, each owner will receive a virtual adoption package including:
a personalised adoption certificate;
full biography and sloth history;
high-resolution photos; and
two original sloth illustrations.
As NFTs and meme avatar projects continue to boom, Crypto News Australia has published guides to help users navigate among them.
