21/12/2021 The Morning After: Adidas' first NFT drop made $23 million

Adidas and Bored Ape Yacht Club - Indigo Hertz - MetaverseAdidas/Bored Ape

If you’ve started to generally understand the ebbs and flows of cryptocurrencies, the volatility of Bitcoin and the rest, and started to comprehend why blockchain tech has a big future beyond Dogecoin, it probably means you’re late to the NFT party. Non-fungible tokens are, well, unique. (That’s what non-fungible means.) They’re sort of like a digital trading card in a lot of ways.

These digital goods are shaking up the art world, sports collectibles and many other fields. And you’re late to the party because, well, Adidas is making bank, and Nike is chasing the NFT bucks as well.

Over the weekend, Adidas'first NFT effortmade over $23 million in Ethereum, from a $15.5 million Early Access phase and $7.5 million in general sales. It wasn’t entirely smooth sailing — Adidas had to halt early transactions due to a technical hitch. It did, however, prove there’s an audience for NFT collaborations, starting with this partnership with Bored Ape Yacht Club (an existing collection of Bored Ape NFTs).

Arts

https://www.engadget.com/the-morning-after-adidas-first-nft-drop-made-23-million-121350956.html?guccounter=1

Interesting NFTs
taNNa
conceptual art. drawing and digitally processed.
CryptoKitties
*waves*! I'm Kitty #260038. My friends describe me as raunchy and annoying. My secret indulgence is apple pie. I hope you like kitten around as much as I do!
CryptoPunk #2140
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.
Like a Human 1 #3/3
Creative Challenge - 0xCert Collaboration
Genesis
José Delbo sent me his striking pencil sketch and powerful inked work, which I then interpreted in oil on canvas. I wanted to create a very painterly piece with obvious brush marks etc, but I was also aiming for a nostalgic feel, a kind of 1980’s superhero comic book look, the kind I grew up with. My goal with this animation was to try to recreate, in part, the creative process that both artists went through with the visual information I had. I was able to showcase my painting process more accurately as I could take photographs of my progress throughout. Consecutive images could then be layered like brush strokes over José’s drawing to create the impression that this was one continuous artwork from pencil, to ink, to completed painting. The representation of the line sketch at the beginning, then pencil/ink and lastly the paint layers being applied demonstrate both artists’ struggle for the right lines, tone, form, and colour until the work is finally completed. As the oil was still wet with each photograph the glare of my studio lights can be seen in the brush strokes. Eventually, the figure emerges and as it does, our hero comes to life, looking directly at the viewer -- but is he grimacing in approval or disgust? We will never know for sure as just before he can say anything, white paint is brushed across the canvas entirely and the process begins again. Only the bat is quick enough to escape.