Category: NFTs

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Crypto News Cryptocurrencies DeFi NFTs

New DeFi Token $CUMMIES Targets The Adult Industry

CumRocket is a new DeFi project that is aiming to disrupt the adult industry, by creating their own private subscription platform (similar to competitor OnlyFans) and NFT marketplace.

$CUMMIES – the project’s deflationary DeFi crypto token, reached its climax this week at $0.285 on the 5th of May, which is over a 1,000% increase for the week.

CUMROCKET CRYPTO price chart [CoinMarketCap]

The $CUMMIES DeFi Token

$CUMMIES is a “reflect” DeFi token on the Binance Smart Chain (BSC) powered by DEGENR – which means there is a fee applied to each transaction (in this case 5%), with half of the fee burned, and the other is redistributed to token holders.

Using $CUMMIES as the tipping currency on our NSFW platforms encourages more transactions.

cumrocketcrypto.com

According to CumRocket’s website, their service allows for a level of anonymity that ​“other popular platforms fail to provide”.

The token will be used for tipping, messaging, custom request and currency on their NSFW content platforms and their NFT marketplace.

In Q3 they will be launching a platform where adult creators can sell their private content for a monthly or yearly fee. And they also aim to have an exchange up and running in the near future. You can see their roadmap for more information.

Does The Project Have Legs?

The $CUMMIES token was launched via Dxsale by a public developer who is also an influencer in the TikTok space with over 24k followers.

The British software engineer Lydia, who announced its creation via TikTok on 4th April, saw less than three weeks later, CumRocket surge 634% in a single day, taking its market cap to over $140 million.

These increases might be due to novelty as well as the fact that it’s NSFW which usually turns an eye.

However, this brand new NSFW cryptocurrency, some might mistake for a meme-coin but the team explained in an live stream that they plan to disrupt the adult industry in a massive way.

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Crypto News NFTs Sports

Retired Chinese Basketballer Yao Ming Launches NFTs for Wines

Retired Chinese Basketballer Yao Ming Launches NFTs for Wines

Yao Family Wines has reportedly become the first winery to offer non-fungible token (NFT) collectibles for its wines at auction.

The Napa Valley-based winery was founded back in 2011 by the retired Chinese NBA star, Yao Ming. Yao Family Wines’ move to issuing NFTs is part of the direction to bring the cryptocurrency and winery space together, according to the president at Yao Family Wines, Jay Behmke.

The CHOP DROP NFTs

The Winery issued a limited edition of non-fungible token contents during the auction of its most exclusive wine dubbed “THE CHOP” last month. According to the announcement, THE CHOP is a limited 2016 Cabernet Sauvignon produced by Yao Family Wines. The NFTs paired with the auction of THE CHOP contained images of the retired basketballer, Yao Ming, and short info about the wine.

Pairing this exquisite wine with a limited edition NFT should appeal to wine collectors, sports memorabilia collectors, NFT collectors, early adopters, and anyone who appreciates the value of one-of-a-kind assets.

Jay Behmke, President of Yao Family Wines

The auction was held on April 19 “in the spirit of experimentation” and it attracted about 33 bidders.

Yao Family Wines to Donate Part of Proceeds

Yao Family Wines didn’t disclose the proceeds from the auction, but it planned to donate some of the proceeds from the auction to the Asian American community, which includes the Chinatown Community Development Center, The Museum of Chinese in America, Asian Health Services, Lucky Chow, and many others.

As a Napa Valley-based winery with a Chinese founder, we’re also pleased to dedicate a portion of proceeds from THE CHOP DROP to the Asian American community at this critical time.

Jay Behmke, President of Yao Family Wines
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Crypto News Market Analysis NFTs Trading

BakeryToken (BAKE) Breakout 500% In Just One Week As Binance Invited To Participate In NFT

BakeryToken (BAKE) is trading in an uptrend, like many other altcoins. This cryptocurrency just went up +500% in a week by breaking a rising wedge pattern with strong buying volume and surges over +700% in a month.

What is BakeryToken?

BakeryToken is a part of the BakerySwap ecosystem. Liquidity providers are rewarded with BAKE tokens which can be used to earn a share of BakerySwap’s trading fees and to participate in voting as part of BakerySwap’s governance process.

BAKE Price Analysis

At the time of writing, BAKE is ranked 85th cryptocurrency globally and the current price is $9.58 AUD. This is a +532% increase since 27nd April 2021 (7 days ago) as shown in the chart below.

Source: TradingView

After looking at the above 1-day candle chart, we can clearly see that BAKE was trading sideways and brokeout from the rising wedge pattern on the BAKE/BUSD pair. The first resistance was on the $3.65 AUD price levels which BAKE broke with a strong bullish trend buying volume, and is now heading towards the next resistance. BAKE could continue the uptrend as many other altcoins are waking up bullish today.

A rising wedge is a technical indicator, suggesting a reversal pattern frequently seen in bear markets. This pattern shows up in charts when the price moves upward with pivot highs and lows converging toward a single point known as the apex. […] This pattern has a familiar look to a bear flag.

Larry Swing on Investopedia [source]
Source: TradingView

What do the Technical Indicators say?

The BAKE TradingView indicators (on the 1 day window) mainly indicate BAKE as a buy, except the Oscillators which indicate BAKE as a sell.

Why did BAKE Breakout?

General market sentiment seems to suggest cryptos are in the middle of the bull run season, which could have contributed to the recent breakout. Another reason for this sudden pump in price could be whales secretly buying BAKE for the next Altcoins rally. It could also have contributed to some of the recent news of BakeryToken invited to participate in Binance NFT Tuesdays!

Where to Buy or Trade Bake?

BAKE has the highest liquidity on the Binance exchange so that would help for trading BAKE/BNB or BAKE/BUSD pairs.

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Binance Crypto News NFTs

Major Crypto Exchange, Binance Prepares to Launch its NFT Marketplace

Binance NFT Marketplace
Binance NFT Marketplace

One of the largest cryptocurrency exchanges, Binance, is planning to launch a Non-Fungible Token (NFT) marketplace amid the growing interest of creators and crypto enthusiasts in the market. The crypto exchange wants to build “the world’s leading NFT marketplace and trading platform”, according to their announcement.

Binance NFT to launch in June 2021

The NFT marketplace known as Binance NFT is slated to launch in the next two months, bringing together global content creators to make NFT contents and digital collectibles at minimal fees. The marketplace will support content from diverse spaces, including visual arts, gaming, music, and sports.

Our aim is to provide the largest NFT trading platform in the world with the best minting, buying, and exchanging experience by leveraging the fastest and cheapest solutions powered by Binance blockchain infrastructure and community.

Helen Hai, Head of Binance NFT

Binance wants its NFT marketplace to launch as the cheapest platform for creators to mint and auction their contents with high liquidity. As announced, Binance NFT will debut with two trading venues, namely Premium Event and Trading Market.

Under “Premium Event”, which is dedicated to the most sought-after collaborations, creators will receive about 90 percent of profits from sales. “Trading Market” instead is designed for everyday artists – the creators will only have to pay a nominal one percent processing fee.

Binance serves millions of users around the world, many of whom will now be able to access the booming NFT space. In line with our commitment to the freedom of money globally and building an inclusive ecosystem, the Binance NFT marketplace will also support small value creators by providing the highest liquidity and cheapest fees for users.

Changpeng “CZ” Zhao, CEO of Binance

Major Crypto Firms are Joining NFT

Binance’s announcement today indicates how active and big the NFT market is growing. Crypto.com and Gemini are two other major crypto companies already involved in the NFT market.

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Australia Coinjar Crypto Art Crypto News Melbourne NFTs

Melbourne Street Artist Lushsux Has Made Over $500,000 From NFTs

Lushsux has become one of the most popular street artists in Melbourne, reaching international recognition for his large mural paintings depicting internet meme culture. He has now become one of the highest-paid artists in Australia, selling his NFTs for over $500,000 AUD.

Over the weekend, Lushsux has sold over $130k worth of NFTs with some pieces that originally sold for $333 are today reselling for over $20k.

Some of his most popular (and controversial) paintings represent the latest trends in the meme culture. His artwork ranges from politicians like Donald Trump in the form of ice cream, or popular icons in the crypto scene, including Doge, Elon Musk with a “genetically engineered catgirl” and the CEO of Binance Changpeng Zhao with laser eyes.

“Funds are Safu,” a limited edition at Makersplace

In an interview with Coinjar, Lushsux admitted he was not deep into the cryptocurrency space at first, but he saw a great opportunity in it and, especially, in the NFT industry.

The idea of selling JPEGs and other digital content for thousands of dollars seemed like a “cool idea” to him, and he’s now selling his work in markets like Rarible and Nifty Gateway.

I sold a piece called ‘The 8’ for 88.8 ETH, or like $250,000. I’m literally one of Australia’s highest paid living artists. Top 20 at least. And some guy is trying to sell one of my Elon Musk portraits for $1.4 million. You could buy a Whiteley for that price. Or, like, a 2-bedroom house in Melbourne.

Lushsux

NFTs are still in season

NFTs are Digital creations that provide certain benefits for their creators, like copyrights, transparency, and better revenue. Some of these artworks are being sold for hundreds of thousands —and even millions. Read more about it in our guide to NFTs.

The NFT craze reached the mainstream due to these millionaire purchases, calling the attention of artists, musicians, and other celebrities who now see it as an opportunity to promote their work. Even former NSA consultant Edward Snowden auctioned an NFT for US$5.4 million.

Lushsux said NFTs are an “excuse to spend more time building things in the digital world,” although he doesn’t believe the market will be sustainable in a few months.

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Crypto News NFTs

Solana (SOL) Has Surged 4000% in Just Four Months

Solana (SOL) reached $43.64 on Sunday, a new all-time high followed by outstanding success in its protocol development and the integration of new DeFi projects.

A 4000% Growth in Just Four Months

SOL has outperformed various tokens in the market, going from $1 USD in December 2020 to $43.64 USD on Sunday. This is a 4000% growth in just nearly four months. Another boost for SOL came after getting listed on Binance on April 10, spiking 300% after the announcement.

SOL/USD: TradingView

Its new price record comes after the integration of successful projects, including Solstarter, which is the first Initial Dex Offering powered by Solana, and Chainlink which is now its decentralised oracle solution.

NFTs Coming to Solana

Solana is experiencing tremendous growth as more projects decide to build on its blockchain. Its fast throughput and its hybrid model of Proof-of-history and Proof-of-Stake have called the attention of many investors and DeFi protocols.

Solana also plans to work with upcoming projects such as Star Atlas, a next-gen virtual metaverse that will bring Non-Fungible Tokens (NFTs) to the protocol.

Solana is currently the thirteenth currency per market cap, according to CoinMarketCap, with a $12 billion USD market cap. Solana is now becoming one of the hottest tokens in the DeFi space: will it overtake BSC (Binance Smart Chain) in the upcoming months?

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Crypto News NFTs

Eminem is Dropping His NFTs “Shady Con” on Sunday

Eminem is Dropping His NFTs on Sunday
AUSTIN, TX – OCTOBER 11: Eminem performs in concert during the Austin City Limits Music Festival at Zilker Park on October 11, 2014 in Austin, Texas. (Photo by Gary Miller/FilmMagic)

Eminem, one of the biggest American rappers of all-time, recently revealed he would be dropping his digital collectibles in a few days.

This makes Eminem the latest artist to join the non-fungible token (NFT) market, which has gained massive traction since the beginning of the year.

Eminem Joins The NFT BandWagon

On Thursday, the US rapper revealed on Instagram that he would release his digital collectables on Nifty Gateway, one of the leading NFT marketplaces, on Sunday April 25. The NFT contents dubbed “Shady Con” will provide the collectors access to the rapper’s one-of-a-kind beats made explicitly for this release.

“Not much has changed for me as an adult…I’ve attempted to re-create some of those collections from that time in my life, and I know I’m not alone. I wanted to give this drop the same vibe of, ‘Oh, man, I gotta get just that one or maybe even the whole set!’ It’s been a lot of fun coming up with ideas from my own collecting passion,” 

Eminem commented

Eminem has an interest in collectibles. While speaking on his move to the NFT market, the rapper admitted that he has been collecting lots of items, including comic books, toys, and baseball cards, during his childhood. 

Eminem joins other artists such as Boy George, Snoop Dogg, and The Kings of Leon join the NFT space.

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Crypto News Giveaways NFTs

Weekly Giveaway – Get This Tigersaurus NFT for Free!

We’re giving away an NFT each week for a few weeks to reward our readers, and help them participate in the crypto space and learn about non-fungible tokens (NFTs).

This weeks giveaway is this awesome Tigersaurus! You can view the item on the NFT marketplace OpenSea.

How to win:

Good luck!

This item is a Sandbox NFT which means it can be used in The Sandbox Game as an avatar. You could buy some virtual land and take your unicorn for a walk! … or just let it roam free.

What are NFTs?

Non-Fungible Tokens (NFTs) are virtual tokens minted on the blockchain for digital scarcity, security, and authenticity. They are unique, indivisible, and non-interchangeable – allowing true digital ownership of in-game assets.

About The Sandbox Metaverse Game

The Sandbox metaverse is split into 166,464 LANDS, creative sandbox areas owned by you, the players. You can create and monetize online games on your land or rent it to someone else to publish their own creation. Each piece of LAND has a pre-defined default terrain, but you can modify this as you build your own content.

Previous weekly winners:

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Crypto News NFTs

Singer Boy George Says NFTs are “a New Way of Connecting With Fans”

Singer Boy George Says NFTs is "A New Way Of Connecting With Fans"
LONDON, ENGLAND - SEPTEMBER 05: Boy George of Culture Club performs in concert at Eventim Apollo on September 5, 2015 in London, England. (Photo by Brian Rasic/WireImage)

UK singer and songwriter George Alan O’Dowd – professionally known as “Boy George” – has signed a deal with a cryptocurrency payment company to issue exclusive digital contents on its new Crypto.com NFT Marketplace.

Prior to the partnership with Crypto.com, Boy George said he had previously sold some artworks for a huge amount of money, although the proceeds were donated to charity.

NFTs Making Arts Available to People

Speaking with Maria Bartiromo on Morning with Maria, Boy George said he was excited about the deal to create exclusive NFT content for the Crypto.com NFT marketplace. He added that the booming NFT market provides people with the opportunity to fully own their content and have relationships with it.

Boy George recently auctioned an artwork for the UK National Health Service (NHS).

[…] so far this year I’ve sold stuff and it’s been for charity, which has been amazing. That’s a nice kind of acknowledgment for being a creative person. I don’t think this is a replacement for large shows because this is a new emerging sort of world that’s happening and people are collecting art in a different way. Also, art is now available to more people.

Boy George

Crypto.com Targets Celebrities

When Crypto.com launched its NFT marketplace in March, it collaborated with celebrities including Axel Mansoor, Bag Raiders and Snoop Dogg to feature exclusive NFTs from them.

The NFT market has gained massive attention since the beginning of the year. The industry isn’t limited to digital visual artists. For example, some musicians, journalists, and even wrestlers have got involved.

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Crypto.com Dogecoin NFTs

Trade Dogecoins to Win $50k Cash and DOGE NFT Prizes on Crypto.com App

Following the success of the previous DOGE Treats campaign, Crypto.com announced they’ve launched a second: the DOGE Treats Extravaganza, with 10x the prizemoney to be won.

All Crypto.com App users are eligible to participate and win a share of the USD 500,000 prize pool, where they will give away USD 100,000 of DOGE and exclusive DOGE NFTs every week until 21 May 2021.

Crypto.com “DOGE Treats Extravaganza” campaign schedule

Doge Rules?

As detailed in Crypto.com official blog:

  • Trade (Buy/Sell) at least $100 USD of any DOGE pair in the Crypto.com App during the weekly campaign periods and become an eligible participant.
  • 1 Eligible participant will be selected by lucky draw and receive $50,000 USD and 1 exclusive DOGE NFT.
  • 999 eligible participants with the highest number of DOGE Points during each campaign period will receive DOGE prizes.

Prizes are tiered depending on how many DOGE points a participant accumulates during each period.

Crypto.com “DOGE Treats Extravaganza” prizes

Doge Not Frightened By The Bears

While Dogecoin also suffered a dip, its fall was trivial compared to the rest of the market. By midday, DOGE had recovered and went on to post 12% gains by the end of the day.

Dogecoin, boosted by the likes of Elon Musk and Mark Cuban, rallied more than 110% last Friday before dropping by 26% on Saturday, according to CoinMarketCap. It now has a market value of more than $36 billion and is still up 13,400% from a year ago, when it traded for $0.002 and was worth about $250 million.

DOGE Coin Price: CoinMarketCap

Some consider DOGE as just a meme coin however, the community sees itself more as detached from the crypto norm, trying to make the bland world of money a bit more humorous, vibrant, and friendly. The internet currency has now recently gone through use cases where it has performed well.