16/08/2021 TIME Partners With Cool Cats NFT Project, Business Magazine Fortune's NFT Sale Raises $1.3M

 

TIME Partners With Cool Cats NFT Project, Business Magazine Fortune's NFT Sale Raises $1.3M

 

Two of the largest American news magazines, Fortune and TIME, have jumped headfirst into the non-fungible token (NFT) ecosystem in recent times. The New York-based multinational business magazine Fortune raised $1.3 million selling its first NFT collection this week. Furthermore, after selling NFT magazine covers, TIME has revealed the company is teaming up with the Cool Cats NFT project.

Cool Cats NFT Project and TIME Magazine Collaborate

Non-fungible tokens (NFTs) are very popular in 2021, and many people believe the trend will continue for a very long time. The NFT industry has attracted a great number of popular artists and it has lured a large quantity of celebrities as well. Alongside celebrities, well known brands are diving into the crypto sphere via NFTs. For instance, at the end of June, Bitcoin.com News reported on the largest U.S. newspaper publishing company Gannett launching the firm’s first NFTs.

In mid-April, Bitcoin.com News reported on TIME magazine telling the public it was adding bitcoin (BTC) to its balance sheet after auctioning three NFT coversat the end of March. On August 14, the NFT project Cool Cats told its followers that it was teaming up with the company TIME in order to mint 400 NFT pieces.

TIME Partners With Cool Cats NFT Project, Business Magazine Fortune's NFT Sale Raises $1.3M
Cool Cats and TIME magazine collaborate.

The Cool Cats project is an NFT project similar to Cryptopunks and Bored Ape Yacht Club (BAYC), as Cool Cats has issued 10,000 limited edition NFT cats. The newly minted Cool Cats will feature cats reading TIME magazine and there will be 100x Elu’s cat, 100x Clons’ cat, 100x Xtremetom’s cat, and 100x Lynoid’s cat, according to the recent announcement.

“Wow, what a crazy TIME to be alive,” the project’s team said in the announcement. “We are honored and privileged to announce a limited edition drop with one of the most iconic and well-respected companies out there, TIME magazine. The president of TIME, Keith Grossman, likes the cats so much that he suggested we do a collaboration together! As Keith mentioned in this tweet — cats have been in TIME’s DNA.”

Business Magazine Fortune Raises $1.3M in Ether

In addition to Gannett and TIME magazine, the well known business magazine Fortune announced on August 12 it raised $1.3 million selling NFT covers. Fortune sold 256 limited NFTs for approximately one ether per NFT, as well as three NFTs that were auctioned separately. The artwork was crafted by the “high-quality meme generator” and digital artist dubbed “pplpleasr.”

TIME Partners With Cool Cats NFT Project, Business Magazine Fortune's NFT Sale Raises $1.3M
Fortune’s NFT cover illustration was drawn by the digital artist “pplpleasr.”

In total, Fortune says the company raked in 429 ether and the authors Robert Hackett and Declan Harty said the firm was donating half of the funds to nonprofits. Just like TIME magazine holding bitcoin on its balance sheet, the remaining ether funds will be held by Fortune. The Fortune authors said the company was now a group of “HODLers.”

 

Furthermore, after the company’s last sale, the news giant Gannett said it predicts non-fungible token (NFT) assets will be a “large opportunity” for publishing companies.

Arts

https://news.bitcoin.com/time-partners-with-cool-cats-nft-project-business-magazine-fortunes-nft-sale-raises-1-3m/

Interesting NFTs
Finite.
her/they
jean bordeaux, 2020. 1/1
Alex in Wonderland
A figure, Alex, stands mostly naked in the midst of a physical and psychological maelstrom. He is clad only in nostalgic 80’s era socks, on a tenuous island between active waters and a variety of shark denizens. Sharks on the right side of the image are all beached, including a shark with a quartz crystal snout, an orange shark wrapped in a life buoy, and a shark further in the distance wearing an 80’s style shirt with the number “88”. On the left side is the largest shark, wearing bright glossy red lipstick and brandishing prominent teeth with braces. She is cordoned off from the figure by a roped float divider, and within her thought bubble is a warning symbol. Behind the figure, hovering in the air, are Grey aliens emerging from the distance, out of a series of elliptical UFO shaped interdimensional membranes. The Greys take on the visual form of spermazoa ostensibly impregnating the interdimensional thresholds. As is typical, these Greys inhabit a zone just behind the unconscious topology of Alex’s dissociative mind. Though Alex’s bottom half is representative, his top half mutates into a psychological cornucopia. In a manner akin to “Auto-Erotic Sphinx”, a predecessor work, the figure has self suctioned—an act of sensual infatuation, enjoyment, and exploration. Upward exists the figure’s primary conscious eye, adorned with a revolutionary beret emblazoned with a Bitcoin badge. The figure’s summit features the nose of a fighter jet facing off against video game Bullet Bills, one of whom is marked by a communist North Korean star. A cropped section of a UFO observes the contest. Alex’s mind branches both left and right. To the left is more singular embodied consciousness, manifesting two eyes and a Ganesh trunk grasping crayons. The right branch dissociates upward diagonally, emerging into an array of eyes, faces, teeth, tail, a unicorn horn, and much more—all of which participate in expressing his unconscious being; a democracy of psychic factions representing thought impressions and associations. All illumination and darkness– fernal, infernal, high consciousness and corporeal underbelly–reside in this realm. In the distance are relatively languid, light clouds, and against the firmament hovers a colossal distant eye peering over the scene and far beyond. This painting possesses underlying genetic traits with previous works such as “Auto-Erotic Sphinx with Toys”, “Dionysus”, and “Fuku-Shiva”. The work serves also as a nod to an earlier period of art inspiration during late teens and early twenties— born out of the nakedness, vulnerability, curiosity, and wonder inherent to coming of age and all subsequent psychedelic revelation.
CryptoPunk #1190
The CryptoPunks are 10,000 uniquely generated characters. No two are exactly alike, and each one of them can be officially owned by a single person on the Ethereum blockchain. Originally, they could be claimed for free by anybody with an Ethereum wallet, but all 10,000 were quickly claimed. Now they must be purchased from someone via the marketplace that's also embedded in the blockchain.
Smile to Shreds, Neon Gwen
The First KayPikeFashion Mint Ever. Ever feel so joyful and were grinning so hard you felt you could split in half? That punk rebel yell of glee when you pull of a particularly refined stunt? This is the paint of dreams, fangs and neon. Hellish and hard to pull off. I was able to with this work quietly paint a sweet inner tale of childhood influences, rat fink and autobody shops. All while pretending to paint gwenom for the audience. More on that in bonus material. This is my alternate animation made specifically for crypto art collectors. It will only ever exist in this format. You get the Shiny, unused in media verified image. More on that in the bonus material. Mixed Media: Bio/Digital. Glycerin on 5'9" human skin 10-14 hours Performance art. Shot on Canon EOS RP. 16 + hours Photoshop and DaVinci Resolve. All Works are SFW. Art has been Seen on the front page of Reddit, Featured in the New York Times, Galileo.tv, and multiple other promotions including Twitch.tv, Disney Interactive, RIOT games, WB games, AMD and more! More on how this art is unique and potentially explosive in the NFT world: https://youtu.be/CXbNF2Y6srs ------------------------- The purchase of this NFT Grants the buyer unique bonus material. Physical Mail Bonus Package: A verified physical Art Print. Autographed from the artist in 12x16. Please allow a few weeks for delivery. Digital Bonus Package: This image in .mp4. An "About the Art" Video and an "From the Artist" introduction. A README.txt about the artwork with some personal notes and Links relevant to the artwork.