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
CryptoKitties
Yo! I'm Kitty #291880. All you need to know about me is I hate chocolate with a passion. Sometimes I daydream of a life full of tricking babies, apple pie, and jump-roping. I hope you like kitten around as much as I do!
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."
CryptoPunk 5577
By C352B5
The Harvest
An anthropomorphic figure stands, wide eyed, staring at the viewer; its body masculine, muscular, and humanoid. Its “mind” dissociates into a conglomerate of structures resembling feathers, grain, teeth–as well as a radial flower “node”, casting linear rays throughout the composition. To his left, a vat of bodies gesture and writhe in a kind of amniotic soup, attended by a video game robot. The bot's red display reads “uWu”. Behind the robot and filling the left side of the composition is an archaic figure composed of a variety of vintage objects and symbols. Among them are a hardbound book with ancient cuneiform scripts, indicating barley, beer, bread, ox, house, and sky, behind which is a grimacing, salivating jagged toothed maw; and an old Commodore floppy drive. The figure’s head tilts toward an illuminated crescent moon, suggesting the Egyptian Sacred Bull. The archaic figure is composed of a variety of mutating cells, which shift in color, and pattern; eventually breaking free into an ephemeral broadcast of bubbles which move across the background. The work came into being against a psychological introspection, which included associations to pop culture such as alien abduction and pod people, as well as quite a bit of reflection on grains as a symbol of civilization, agriculture, sustenance, life, and imbibing (mainly whiskies).
Everydays: The First 5000 Days
I made a picture from start to finish every single day from May 1st, 2007 - January 7th, 2021. This is every motherfucking one of those pictures.