13/09/2021 Degenerate Ape NFT Sells for More Than $1M on Solana. The sale is a record for the layer-1 rival to Ethereum.

A Degenerate Ape Academy non-fungible token (NFT) on the Solana blockchain was sold Saturday for 5980 SOL, or about USD $1.11 million, in the largest-ever NFT sale on the rival to the Ethereum blockchain.

 

Apparently not content with having shelled out more than $1 million for an NFT of a scarred zombie ape with a halo eating a brain, Moonrock Capital, a Europe-based blockchain advisory and investment firm, announced a few hours later it had purchased a CryptoPunks knock-off NFT also on the Solana blockchain for 1388 SOL, or USD $257,446.24.

While the NFT craze initially focused on the Ethereum blockchain, that very popularity caused traffic and fees on Ethereum to skyrocket. As a result, rivals like Solana with much lower fees and traffic have taken off.

And the price of Solana’s native token has followed suit, with the coin’s market capitalization hopping over XRP and dogecoin, becoming the world’s sixth-largest cryptocurrency with a value of $54 billion compared with XRP’s $43.5 billion and DOGE’s $32 billion.

A month ago, one SOL could have been had for about $40. After hitting an all-time high earlier this week of more than $200, in recent trading the token was changing hands at about $185.

Multimedia

https://www.coindesk.com/business/2021/09/11/degenerate-ape-nft-sells-for-more-than-1m-on-solana/

Interesting NFTs
#28878
By OthersideDeployer
Fidenza #870
Fidenza is by far my most versatile algorithm to date. Although the program stays focused on structured curves and blocks, the varieties of scale, organization, texture, and color usage it can employ create a wide array of generative possibilities. Additional project feature(s) => Scale:Medium, Turbulence:High, Colors:Luxe, Have Margin:Yes, Spiral:No, Soft Shapes:Yes, Super Blocks:No, Collision Check:No Overlap, Outlined:No, Shape Angles:Curved, Density:Medium
Lemonade
Hey cutie! I'm Lemonade. I've never told anyone this, but I once groomed a dog. I'm often described as wondrous, and I own it. This will be an amewsing friendship.
Tile [20, 5] - Bring It to Me
20 5
Who Is The Creator 2
The idea for this piece was borne out of a tweet of mine that caused a bit of a stir. I’d posted a link to a blog article I’d written a number of months previous titled ‘Who is the Creator’ discussing various types of creative collaborations and why I hire people to work on my animations. It generated a lot of debate around creation and attribution with the community split on whether it’s right or wrong for an artist to hire other professionals to help them realize their art projects. I decided to push the boundaries even further and see how the cryptoart community responded. What if I quite literally had nothing to do with the physical or digital elements of the work other than coming up with the concept and coordinating it? I decided there was one artist in the space who could add huge value to this idea on levels that none other could and so I gathered my courage and contacted the great José Delbo to ask him if he’d be interested in a very unique collaboration. I explained to him that to make this piece ‘work’ he couldn't have any say in what I produced and moreover, he wouldn’t even be allowed to see the animation until it was dropped on MakersPlace. To my surprise, Mr Delbo agreed to my proposal. The animation tells the story of the creative process, which includes my roles as writer, director, and producer working with a team and making edits and changes ‘in real time’. The dialogue between myself and my ‘hired guns’ plays out in front of the viewer. The music written for the piece adds to the nostalgia of the comic book superhero theme but other elements such as the snapping and kicking of the pencil and the signing of my signature at the bottom incorporates further layers and challenges the viewer to ask important questions, such as, is the ‘Art’ the final animation (the creation) or is the ‘Art’ the concept/credit for the creation itself?