20/09/2021 Emblem Vault NFT Sales Rise 225% in Week

In brief

  • Emblem Vault is a tokenized multi-asset wallet. 
  • It wraps crypto portfolios into a single NFT token. 
  • Several rare early NFTs have resurfaced in Emblem Vaults, including the RarePepe series. 

NFT project Emblem Vault has blown up over the last month to become the second-largest NFT project by sales volume, according to NFT data aggregator CryptoSlam.

In the last twenty-four hours, Emblem Vault NFTs generated over $5 million in sales, in 607 transactions from 300 buyers.

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In terms of sales volume, Emblem Vault is still $9.5 million short of the biggest NFT project right now, the Pokémon-esque blockchain game Axie Infinity, but Emblem Vault sits more than $4 million ahead of popular NFT projects like NBA Top Shot and Bored Ape Yacht Club. 

What is an Emblem Vault NFT?

Emblem Finance launched the project on Bitcoin and Ethereum in September 2020. 

Each Emblem Vault is an Ethereum-based NFT that functions as a multi-asset wallet. They let you trade portfolios of NFTs and fungible cryptocurrencies, including those from different chains, as a single token.

Every Emblem Vault NFT contains a series of blockchain addresses generated from a single seed phrase. You can store different digital assets in each of the addresses at any time, and only those with private keys can send tokens to other wallets. 

 

Since Emblem wraps up tokens as modern ERC-721 NFTs, the same type of tokens that trade on popular NFT marketplaces like OpenSea, the project lets collectors trade NFTs that predate the ERC-721 NFT  standard.

Pepe the Frog is among the classic NFTs that have resurfaced in Emblem Vaults. Earlier this month, a vintage RarePepe NFT, depicting a cartoon ‘Pepe’ of Bitcoin creator Satoshi Nakomoto, sold for 147 ETH, or around $500,000 at the time.

Similarly, EthPepe—a pepe depicting Ethereum co-founder Vitalik Buterin—changed hands for 100 WETH, or around $330,000 at the time of sale.

In the last 24 hours, the sales volume of Emblem Vaults dropped from $6 million to $2 million, mirroring the rapid ascent on Thursday, when sales volumes grew to $6 million from $1.7 million. 

 

But the sudden loss of activity hasn’t dented Emblem Vaults’ standing as the second biggest NFT project on the market right now.

Arts

https://decrypt.co/81280/emblem-vault-nft-sales-rise-225-in-week

Interesting NFTs
Domestic - 2017
“Domestic is the manifestation of the cultural patriarchy in my home. The wooden "woman's" tragedy of false desire. It was done in a moment of breakup. The hollow 3d body & its lost eyes, invites you to fill up. Trying to reach out, encumbered and wrapped in its own fragility, the new mother rises."
trump 2020
This is a photo i took of my son playing around in one of our cat carriers, redressed to express the concern and damage the continuation of the trump administration could bring to the world in 2020 and beyond. Unlike the majority of my historic work found on opensea, all content was conceived and taken by me, so felt perfect to use as my first piece on Known Origin.
Angry Pandas #8
The Angry Pandas is a collection of 10 unique Angry Pandas NFTs— unique digital collectibles living on the BSC. Angry Pandas holders can participate in exclusive events such as NFT claims, raffles, community giveaways, and more. Angry pandas, keep angry, keep fighting.
Block Chain Dungeon
Once upon a time... a little boy named Leo loved to paint, draw and experiment. He also loved to play with blocks and chains, which drew him again and again into the rooms of his friends Michel and Angelo. Often they also met in virtual rooms of Cryptovoxels, Decentraland, Somnium Space or Sandbox to create new inventions, read books about new technologies, or just swing the brushes. But on this day something gigantic happened. A good friend of Leo came to visit and brought his girlfriend Mona, who wanted a piece of Leo's art on her skin. This was the birth of the NFT's, as Leo developed Non Fungible Tattoos in the Block Chain Dungeon of Michel and Angelo. From that day on people from all over the world came to get NFT's from Leo or one of his students, like "Skeenee the rat", who controls the NFT machine with his laptop. A new age began.
Cypher::Prophet
Cypher::Prophet is an artwork dedicated to the punk origins of blockchain designed and realized by hackatao and hex6c. In the transposition into images we started from the iconographic canons of the hacker (hoodie, laptop, cryptographic elements) and associated them with the figure of the prophet, thus highlighting the predictive nature of the works of Eric Hughes (Cypherpunk Manifesto, 1988) and Timothy C. May (Crypto Anarchist Manifesto, 1993) as well as of the blockchain inventors Stuart Haber and Scott Stornetta (How to Time-Stamp a Digital Document, The Journal of Cryptography, 1991). Read the full story on https://medium.com/@hex6c/cypher-prophet-the-punk-origins-of-blockchain-1e8fce311e72