NFT Culture News – February 2021
February has been an incredible month for NFT Art!
- Christie’s announces its first ever purely digital auction: Beeple Auction on Christie’s. Beeple, who we have discussed many times previously has an incredible body of work, and is the #1 sought after artist on Nifty Gateway. News of the auction has reached mainstream news sites, including CNBC and Bloomberg.
- Speaking of mainstream publications, news of the 300 ETH sale of Nyan Cat even reached the New York Times: Why an Animated Flying Cat With a Pop-Tart Body sold for Almost $600,000. The auction occurred on the marketplace Foundation.
- Celebrities, including Mark Cuban and Lindsay Lohan joined the NFT party. Mark Cuban sold NFTs of his tweets and reported that he owned NFTs. Lindsay Lohan released an NFT of her own, reported by NFT Culture here: Lindsey Lohan creates her first NFT art as the Celebrity Hype continues, but the work was later burned by its purchaser. We personally believe that NFT culture should be welcoming to new entrants and the negative act does nothing for the movement.
- Beware of the fraudsters. An alleged imposter racked up nearly $1 million of sales by selling Banksy-styled NFTs on OpenSea and Rarible. The imposter used the moniker “Pest Supply” and as of publishing this article has been blocked by OpenSea. NFT Culture published a guide on how to spot fake works here: Beware Counterfeit NFTs! (And how to spot fakes).
- Brave Browser, a privacy focused browser that is a NFT Culture fave, announced that it would start supporting NFT purchases in its Brave Swag Store. The Brave Swag Store can be found here: Brave Swag Store (Not an affiliate link / no consideration given).
