28/06/2021 Tron's Justin Sun Wins Andy Warhol's "Three Self-Portraits" NFT for $2.8 Million At Binance NFT Auction
The much-awaited Binance NFT marketplace went live last week on Thursday, June 24. The âGenesisâ auction that kickstarted on the same day featuring popular artworks like Andy Warholâs âThree Self Portraitsâ and a digitized NFT of Daliâs âDivine Comedy: rebegetâ.
Tronâs Justin Sun won the bid Warholâs âThree Self-Portraitsâ NFT for a staggering $2.8 million at the Binance NFT auction. This is a great start to Binanceâs NFT marketplace as the auction happens at a time when the NFT industry is facing a severe slowdown.
Tron founder Justin Sun has been one of the active participants in the NFT market and has been keen on acquiring digital collectibles over the last few months. Sun has won several auctions in the past with some popular ones like Beepleâs âOcean Frontâ for a massive $6 million.
Besides, Sun was also aggressively bidding for Beepleâs âEverydays â The First 5000 Daysâ NFT that sold for a staggering $69 million. However, Sun was unfortunate to lose the bid at the last moment.
Citing future potential in the NFT market, Justin sun has launched his own JUST NFT fund. This fund is basically an NFT platform that would mint some of the worldâs top artists and their digital artworks on the blockchain.
Binanceâs Mystery Box and Creators Program
Along with launching the NFT marketplace last Thursday, Binanceâs NFT platform also unveiled its new Mystery Box. This provides a new way for traders to access special NFTs wherein each mystery box will contain a set of different NFTs. The first Mystery Box 16 âtokidokiâ characters, toys from the Japanese lifestyle brand by Italian artist Simone Legno.
On the other hand, to push forward the development and growth of its NFT marketplace, Binance also announced its 100 creators program. this program aims to feature 100 artists on the Binance NFT marketplace and sell their work in form of digital collectibles.
Tronâs Justin Sun won the bid Warholâs âThree Self-Portraitsâ NFT for a staggering $2.8 million at the Binance NFT auction. This is a great start to Binanceâs NFT marketplace as the auction happens at a time when the NFT industry is facing a severe slowdown.
Tron founder Justin Sun has been one of the active participants in the NFT market and has been keen on acquiring digital collectibles over the last few months. Sun has won several auctions in the past with some popular ones like Beepleâs âOcean Frontâ for a massive $6 million.
Besides, Sun was also aggressively bidding for Beepleâs âEverydays â The First 5000 Daysâ NFT that sold for a staggering $69 million. However, Sun was unfortunate to lose the bid at the last moment.
Citing future potential in the NFT market, Justin sun has launched his own JUST NFT fund. This fund is basically an NFT platform that would mint some of the worldâs top artists and their digital artworks on the blockchain.
Binanceâs Mystery Box and Creators Program
Along with launching the NFT marketplace last Thursday, Binanceâs NFT platform also unveiled its new Mystery Box. This provides a new way for traders to access special NFTs wherein each mystery box will contain a set of different NFTs. The first Mystery Box 16 âtokidokiâ characters, toys from the Japanese lifestyle brand by Italian artist Simone Legno.
On the other hand, to push forward the development and growth of its NFT marketplace, Binance also announced its 100 creators program. this program aims to feature 100 artists on the Binance NFT marketplace and sell their work in form of digital collectibles.
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Interesting NFTs
Mars House
Mars House is the first NFT digital house in the world. Upon purchase of Mars House NFT, 3D files will be sent to the new owner by Krista Kim Studio Inc. for file upload to the ownerâs Metaverse. Technical support for Mars House integration on Metaverse is provided. (Architectural Digest, March 14, 2021) âKim ventured into NFTs while exploring meditative design during quarantine; her hope was to use the influx of digital life as an opportunity to promote wellbeing. Comprised entirely of light, the visual effects of her crypto-home are meant to omit a zen, healing atmosphere. The artist also partnered with musician Jeff Schroeder of The Smashing Pumpkins to create a calming musical accompaniment. So what makes the file a compelling purchase? Beyond the promise of buying into the lucrative NFT market, the home and all of the furniture in it can be built in real life by glass furniture-makers in Italy, as well as through MicroLED screen technology. Kim also has a strong visions the art being projected, as well. âEveryone should install an LED wall in their house for NFT art.â says the artist. â This is the future, and Mars House demonstrates the beauty of that possibility.â The owner is in agreement to the following terms and conditions upon purchase of Mars House (hereby referred to as Mars House NFT): The collector agrees to own one copy of Mars House NFT on a single Metaverse platform. The collector is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio Inc. will provide technical support to upload and integrate Mars House NFT on a Metaverse platform. If/when Mars House is resold, the collector is required to delete all Mars House NFT 3D file(s) from his/her Metaverse, and provide verification of deletion to Krista Kim Studio Inc. before new 3D files are transferred to the new owner by the artist. The new owner is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio will send Mars House NFT 3D files directly to the new owner and provide support for Metaverse integration. This verified ownership transfer system will be appointed to Krista Kim Studio Inc. trusteeship, after 40 years of the date of the sale. Krista Kim Studio Inc. retains ownership of Mars House NFT copyright. All rights reserved. All reproductions of Mars House (NFT) in both digital and physical formats, are restricted. Mars House NFT physical furniture pieces, made of tempered printed glass in Italy, may be commissioned by the collector as NFT physical pieces.
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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.
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