Ellen’s NFT Auction Fails, Oscars Controversy, Kayne’s $ 1.8 Million Sneakers, And More

The much-hyped NFT sale of popular host Ellen DeGeneres has floppedAs the comedian has only sold five of the 10 available Gold editions of her non-expendable token “Woman With Stick Cat” for $ 2,500 on the Bitski platform. Another 64 people paid $ 100 each for an open Silver edition of the same NFT.

The drawing appears to have been created with minimal effort in an attempt to satirizing the idea that any old celebrity junk will be sold as an NFT.

The Platinum package with a video of a DeGeneres NFT monologue fetched the highest price: $ 14,555. In total, the sale alone has raised $ 33,455 for food aid charity World Central Kitchen, even after being hyped on its national talk show and among its 79 million Twitter followers.. But maybe the audience was not the right one.

While there was a reaction in some sectors of the crypto community against the sale, any media hype is good for NFTs, right?

How about we agree that no one bids on this?

Let’s unite as a community

Not even 0.001 ETH

Crypto-charity founder wanted

Giving more weight to the idea that NFT investors are getting a bit more demanding, the “world’s first NFT to raise money for a charity”, Covid: aid, still has no offers after a week of opening the bid.

Covid: aid aims to support those affected by the pandemic, and whoever purchases the NFT – an image of the new charity logo – will also receive the coveted title of “Covid: aid Founding Crypto-philanthropist”. Originally listed with a reserve price of 1 Ether (ETH) on April 21, the reserve was lowered to 0.1 ETH the next day, but has yet to attract any offers.

Basketball warriors

The Golden State Warriors have become the first professional sports team to launch their own NFT collection on OpenSea.. The Legacy Collection, which goes up for auction this week, includes tokenized championship rings and ticket stubs from iconic matches dating back to 1947, as well as NFTs that include some IRL (real-life) experiences. Apparently, the team’s interest in this space is due to the success of NBA Top Shot, which has achieved $ 500 million in sales since its launch..

Ownership of the most expensive sneakers in the world is divided

Rare sneaker platform Rares.io picked up Kanye West’s 2008 Nike Air Yeezy 1 sneaker at a Sotheby’s auction on Monday for the amount of $ 1.8 million, making them the most expensive sneaker in the world. story. Rares.io has announced plans to split the property and sell the shares to “the sneaker community.”

However, it doesn’t look like the shoes are going to be tokenized as NFT, as the Rares terms and conditions do not mention digital assets, and the company’s Crunchbase profile speaks of sell shoe stocks through an app through an initial public offering. Several fractional-owned non-crypto asset sites have emerged in recent years, showing that the concept is not unique to NFTs.

Controversy over the NFTs at the Oscars

The artist behind a shocking Oscar NFT controversy dedicated to the late Chadwick Boseman has apologized and promised to make changes.. The Academy commissioned Andre Oshea to create the artwork, which many viewers apparently took as a sure sign that Boseman was going to win the best actor award … but, of course, he was defeated by Anthony Hopkins.

The NFT was criticized for its environmental impact, for the fact that only 50% of the proceeds went to charity and for “trying to capitalize on both the tragedy of Boseman’s death and the current speculative interest in NFTs. “, according to Gizmodo Australia. Some criticized the artist for putting the NFT up for sale for $ 1.2 million, as Oshea had only spent $ 50 to purchase the 3D model of Boseman’s head on which the NFT is based. The artist released a statement on Tuesday apologizing for “any displeasure caused”:

“I now recognize that Chadwick’s face is a triggering reminder of his death and not of his life, and I am going to redesign the artwork that will go up for auction later this week.”

The past week has been a great learning experience for me, and I appreciate all the feedback on my work, especially from my friends and family.

Here is a statement on the events of this weekend. Thanks to everyone who has shown me their support, I am deeply grateful.

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