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Memes, Flippening, And More! — #2 (16/01/2022)

Welcome back to the weekly ART HAUS newsletter. Last week, we launched our first unit of ART HAUS blurb; which you patrons absolutely loved! In case you missed it, do check out our News Archive to give it a read.

This week, we had an interesting flurry of events, from a potential overthrow of the biggest NFT marketplace to a $1 million NFT collection of selfies? Stay tuned, we’ll be discussing more on this soon!

Developments In The HAUS!

We’re thrilled to share further updates on Gnars, an ART HAUS NFT project.

Gnars DAO – Official Links
Important links for Gnars DAO. An exciting new way to fund extreme athletes. Read more
Gnars DAO – Official Links
Important links for Gnars DAO. An exciting new way to fund extreme athletes. Read more

Here are some teasers for Gnars:

  • One $Gnar every 666 blocks
  • Adjust SKATE / #DAO slider*
  • Gnarly #NFT bid submitted

*Slider sets where your bid (if won) goes.   A Gnars mini-game is also under development, it’s skating-related. We also designed some cool Gnars skateboard designs, check out our Twitter to view the Gnarly artwork.

Until then… stay Gnarly!  

News Of The Week: NFT Marketplace Flippening?

As most NFT enthusiasts should know, OpenSea is the King of NFT marketplaces. With a $14 billion valuation, it literally dwarfs all “competitors”. However, a previously insignificant competitor is disrupting the OpenSea domination. Enter: LooksRare.

Going live on 10th January, LooksRare accumulated more than $300 million in NFT transaction volume in the first 24 hours alone. Since then, it has surpassed OpenSea in daily transaction volume. Talk about an overnight success! But how did they do it?  

Strategy: Vampire Attack

A vampire attack, commonly used in the NFT space, refers to stealing another platforms’ user base intentionally. In this case, LooksRare launched a full-fledged “attack” on OpenSea. LooksRare is launched their native token $LOOKS on 10th Jan, giving out 120 million tokens to users of OpenSea… for free! This is known as an airdrop, with some criteria such as the user must have traded over 3ETH on OpenSea, and must $LOOKS will only be claimable for a short period. As such, big spenders on OpenSea effectively migrated to LooksRare, experimenting with their new $LOOKS tokens and the platform in general. On top of that, LooksRare charges 0.5% less in transaction fees compared to OpenSea, yet another reason for OpenSea users to migrate across.  

Why It’s So Easy?

If you think about this strategy for a moment, the Vampire Attack is simple, yet effective. LooksRare’s 120 million tokens just “poofed!” into existence, and has already been valued at almost 500 million dollars by the market. In truth, not all Vampire Attacks succeed. Back in October 2021, another NFT platform “Infinity”, also launched a Vampire Attack on OpenSea. While it was hyped up back then, there have been slow developments on the platform, and interest in Infinity is essentially dead. After all, LooksRare’s success is one-in-a-million. Despite the hype, I believe OpenSea still has both feet strongly positioned on the title for leading NFT marketplace, at least, for now. Can’t wait to see what the future beholds for LooksRare, OpenSea, and the NFT marketplace in totality!  

News Daily

10.01.2022

Disney has announced a patent for AR in Disneyland, more specifically, a “virtual-world simulator in a real-world venue”. This announcement is timely; as we see more and more companies stepping into the metaverse. Disneyland AR is a huge leap (in time and technology) for Disney, and there is speculation of digital implementation in the physical Disneyland?

Disney AR Experiences Patented to Launch at their Theme Parks Worldwide
Entertainment and Media giant Disney announced that they have secured a patent for AR experiences across all their theme parks worldwide. Read more
Disney AR Experiences Patented to Launch at their Theme Parks Worldwide
Entertainment and Media giant Disney announced that they have secured a patent for AR experiences across all their theme parks worldwide. Read more

11.01.2022

World of Women (WoW) is an NFT project promoting diversity, inclusivity, and differences of Women. Indeed, it has empowered women in the NFT community, and is a good representation of the uniqueness of NFTs! Some female celebrities are proud owners of WoW NFTs. Check out this article to find out more.

Check out these top female celebrities with a World of Women NFT
Female celebrities are flocking to the NFT space, thanks to the World of Women NFTs. These include Eva Longoria & Reese Witherspoon. Read more
Check out these top female celebrities with a World of Women NFT
Female celebrities are flocking to the NFT space, thanks to the World of Women NFTs. These include Eva Longoria & Reese Witherspoon. Read more

12.01.2022

Bit Hotel metaverse is a new blockchain game in the space. They have a fascinating concept: Buying NFTs which will be displayed as your own room in the Bit Hotel metaverse! You can display your other digital assets in the room, and of course, interact with other players as well. If you’re a fan of metaverses like Decentraland, why not give Bit Hotel Metaverse a shot!

The First Bit Hotel Metaverse Land Sale Features Playable NFT Rooms
Bit Hotel, the innovative NFT-powered metaverse, will have its first land sale on January 19th at 12:00 UTC! Read more
The First Bit Hotel Metaverse Land Sale Features Playable NFT Rooms
Bit Hotel, the innovative NFT-powered metaverse, will have its first land sale on January 19th at 12:00 UTC! Read more

13.01.2022

BAYC member known as DillyDilly_eth got scammed of his Bored Ape, but that didn’t stop a fellow comrade from helping him get it back. Have a read to find out how BoredApeG, a BAYC member who had no ties to the victim before, helped him recover his beloved forever Ape.

How One Bored Ape Decided to Save Another: Here’s Their Story
A Bored Ape buyer decided to help out another member of the BAYC community by using another ape to save one that was scammed. Read more
How One Bored Ape Decided to Save Another: Here’s Their Story
A Bored Ape buyer decided to help out another member of the BAYC community by using another ape to save one that was scammed. Read more

14.01.2022

The Sandbox, a popular blockchain game cum metaverse, partnered with crypto gaming community LootMogul, announcing a tournament with 50,000 SAND to be won! The competition starts on 15th January, so hurry along if you want to be part of it.

The Sandbox Teams Up with LootMogul for 50k $SAND Tournament
Digital wonderland, The Sandbox, has partnered with crypto gaming community, LootMogul, to launch a series of incredible tournaments, the first of which Read more
The Sandbox Teams Up with LootMogul for 50k $SAND Tournament
Digital wonderland, The Sandbox, has partnered with crypto gaming community, LootMogul, to launch a series of incredible tournaments, the first of which Read more

15.01.2022

So the rumors are true… Nouns in the Superbowl? Well, Nouns DAO had a resounding “YES” for trading one Noun NFT, for a prominent beverage company to include the Nouns glasses in the Superbowl. So will we see the Nouns logo on the packaging of a can of Coke? Only time will tell.

Nouns DAO voted YES to Feature Noun Glasses in the Super Bowl
Nouns DAO has spoken: Noun glasses are headed to the Super Bowl after the NFT holders unanimously vetoes the proposal. Read more
Nouns DAO voted YES to Feature Noun Glasses in the Super Bowl
Nouns DAO has spoken: Noun glasses are headed to the Super Bowl after the NFT holders unanimously vetoes the proposal. Read more

16.01.2022

Yes, this is not clickbait! An Indonesian teen took selfies in front of his computer from 2017-2021, before uploading his pictures on the blockchain. The collection titled Ghozali Everyday has become an instant hit (more like a meme). At its highest, one of the NFTs sold for 0.9 Ether… remember, it was only $3 to buy at the start! Ghozali has made over a million dollars (probably from royalties) so far.

NBA Top Shot NFTs Have Quietly Surged 72% in 30 Days – Decrypt
The NBA collectibles marketplace that started the NFT boom almost a year ago is hot again after a Kevin Durant ad. Read more
NBA Top Shot NFTs Have Quietly Surged 72% in 30 Days – Decrypt
The NBA collectibles marketplace that started the NFT boom almost a year ago is hot again after a Kevin Durant ad. Read more
An Indonesian 22-year-old makes $1M by selling NFT selfies on OpenSea
Ghozali selfies were converted into NFTs and initially priced at $3 on OpenSea. Read more
An Indonesian 22-year-old makes $1M by selling NFT selfies on OpenSea
Ghozali selfies were converted into NFTs and initially priced at $3 on OpenSea. Read more

ART HAUS Blog Releases

We had a splash of blog posts released on ART HAUS this week! Here they are…  

The Controversy of Copyright in NFTs… is CC0 The Solution?
Head of HAUS: This article is inspired by Nouns and led to the Gnars inception. Where there is art, the question of copyright will inevitably arise. In the early 18th… Read more
The Controversy of Copyright in NFTs… is CC0 The Solution?
Head of HAUS: This article is inspired by Nouns and led to the Gnars inception. Where there is art, the question of copyright will inevitably arise. In the early 18th… Read more

For starters, this post was inspired by the CC0 NFT project Nouns, and led to the inception of our ART HAUS NFT project Gnars. In this article, we talk about the flaws of traditional copyright and the difficulty of copyright in the NFT space, leading to discourse and “Right-click to save” movements. Instead, could CC0 (creative commons license) be the solution to end all wars?  

On-chain NFTs and Why They’re Better
Before the blockchain, NFTs were just copies of digital art. So, I guess it’s safe to say that the creation of blockchains like Ethereum and Polygon helped pave the way… Read more
On-chain NFTs and Why They’re Better
Before the blockchain, NFTs were just copies of digital art. So, I guess it’s safe to say that the creation of blockchains like Ethereum and Polygon helped pave the way… Read more

To most people, NFTs are completely stored on the blockchain. However, that’s clearly not the case; Ethereum will be way more congested if it was. In this article, we explore the concept of On-chain NFTs, or writing and building NFTs directly on the blockchain. We also discuss ways to save space while minting NFTs, as well as cutting down on gas such that we keep fees to a minimum.  

2021: The Year NFTs Broke
While I was a bit too young to live through the grunge era of the early ’90s, I have always loved the music and the culture surrounding the period. Before… Read more
2021: The Year NFTs Broke
While I was a bit too young to live through the grunge era of the early ’90s, I have always loved the music and the culture surrounding the period. Before… Read more

Amazing read from Scott here! Music, art, and more have always been appreciated in the physical world, so what’s stopping us from putting it in the digital space? NFTs truly broke in 2o21. From BAYC to numerous NFT billboards, and even big brands adopting the NFT concept, we have gained insane adoption this past year. Hope 2022 is better than 2021 in more ways than one!   We also cleared some backlog of articles, meaning to publish quite a while ago. As such, the content you’re viewing may not be totally up to date. Hope you still enjoy the read though!  

What’s Behind The NFT Hype?
As we approach the end of the year, I have to say that 2021 has been the year that keeps on giving. Crypto prices soaring near to ATHs, the introduction… Read more
What’s Behind The NFT Hype?
As we approach the end of the year, I have to say that 2021 has been the year that keeps on giving. Crypto prices soaring near to ATHs, the introduction… Read more

In 2021, NFT was the hype of the year. Ever since Beeple’s Everydays sold for over 69 million dollars, more and more have hopped on the NFT bandwagon. But what is causing the hype on these JPEGs of the blockchain? Are NFTs really worth the money, or are we just in a proverbial bubble? More on that in this article!  

What Is Web3: De-centralizing Web2 And More
Web3 — a commonly misunderstood buzzword in the blockchain space. In my experience, many blockchain enthusiasts tend to use web3 as a convenient substitute for blockchain technology (sometimes, myself included).… Read more
What Is Web3: De-centralizing Web2 And More
Web3 — a commonly misunderstood buzzword in the blockchain space. In my experience, many blockchain enthusiasts tend to use web3 as a convenient substitute for blockchain technology (sometimes, myself included).… Read more

Web3 is a term used pretty loosely in the crypto community. Despite that, there’s still a lot of confusion surrounding web3, and what it really is about. In this article, we compared web3 to web2 and even web1, plus how we’re progressing into the future with web3. After all, web2 will inevitably have to hand the reigns to web3, allowing web3 to show its true potential.  

Podcasts: Worth A Listen

Token Sales, with Graham Jenkin of CoinList

The Metaverse Podcast
A new web is emerging that goes well beyond just Bitcoin, Ethereum, and money, but promises an entirely new computing paradigm, and data economy. The Metaverse Podcast is a series… Read more
The Metaverse Podcast
A new web is emerging that goes well beyond just Bitcoin, Ethereum, and money, but promises an entirely new computing paradigm, and data economy. The Metaverse Podcast is a series… Read more

Graham Jenkin, the CEO of early-adopter crypto exchange CoinList, hops on the call to talk about crypto coins and their future of growth. He also shares about the early days of CoinList, life before CoinList, as well as the challenges and milestones ahead of the exchange. Tune in for a fine listen now! 

Listen Now

BrainDrops: A Platform for AI-Generated Art

PROOF
PROOF is your podcast for in-depth NFT coverage. On PROOF, we interview NFT artists, both up-and-coming and industry icons. We also cover the generative art scene, the NFT gaming/metaverse, and…
PROOF
PROOF is your podcast for in-depth NFT coverage. On PROOF, we interview NFT artists, both up-and-coming and industry icons. We also cover the generative art scene, the NFT gaming/metaverse, and…

In this episode of PROOF, we get insights from the co-founders of BrainDrops, a platform for AI-generated art. They discuss how NFTs is an innovation to fuel art appreciation, and how BrainDrops could potentially be the go-to NFT art platform in the future. Who knows what the future of AI-made art holds! 

Listen Now

Coinbase NFT’s Product VP on Taking NFTs Mainstream

nft now podcast
nft now is on a mission to empower the creators of culture. Every Wednesday we speak with trailblazing artists, collectors and technologists about how NFT’s are redefining the creative economy… Read more
nft now podcast
nft now is on a mission to empower the creators of culture. Every Wednesday we speak with trailblazing artists, collectors and technologists about how NFT’s are redefining the creative economy… Read more

This exclusive podcast episode with Coinbase’s VP of Products, Sanchan Saxena, really gives insights on Coinbase’s preparations for their future in the NFT space. Coinbase is one of the key industry players in the cryptocurrency exchange market, known for being one of the most beginner-friendly platforms. In this episode, they explore how Coinbase is trying to acquire its share of the booming NFT industry while boosting the adoption of blockchain technology. 

Listen Now

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Wrap Up

We’ve come to the end of our blurb, thanks for sticking around! This week has been a real roller-coaster ride, so we hope this summary was short and sweet. Stay tuned for the next episode!

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