China Daily's Web3 Future

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This Week's Low-Down:

• 🐱 Gutter Cat Gang to ‘Rise from the Ashes’ with New Leadership

• 🖼️ MoMA Permanently Acquires NFT Artist Refik Anadol’s ‘Unsupervised’

• 🤖 China Daily Unveils NFT and Metaverse Plans with $390K Initiative

• Yuga Labs Announces Layoffs Amid Organizational Restructuring (nft now)

• Ecosapiens to Drop Free Climate-Driven Comic NFTs ‘Leosapien’ (NFT Plazas)

• AirSwap Launches NFT Marketplace (Bitcolumnist)

• Astrology NFT Project Lucky Star Currency Rugged for over $1M — CertiK (Cointelegraph)

• Toncoin Jumps on MEXC Ventures 8-Figure Investment (Bitcolumnist)

• Gods Unchained: All You Need to Know (NFT Evening)

• Line Next Launches Web3 Game ‘Sweet Monster Guardians’ (nft now)

• CrypToadz Puzzling $1.6M NFT Transaction – Wash Trading? (NFT Plazas)

• DAOs Help Scientists Find Funding and Community, says Nature Science Journal (Cointelegraph)

• Avant Arte x Yuga to Morph CryptoPunks into Tangible Prints (NFT Plazas)

• OpenSea Launches Creator Studio for Effortless NFT Launch (Bitcolumnist)

• NFT-Funded ‘The Quiet Maid’ Movie Secures Global Sales Deal (NFT Plazas)

• ConsenSys Exec on MetaMask Security: Consent is King (Bitcolumnist)

• First Look: Art Gallery in Dubai to Educate Artists on NFTs, Web3 (Cointelegraph)

• Void 2122 to Unlock a New Era of Combat Card Gaming with NFTs (Bitcolumnist)

Trending Collections on OpenSea:

• Sugartown Oras [Floor Price - 0.22 ETH]

• Parallel Alpha [Floor Price - 0.15 PRIME]

• Nakamigos-CLOAKS [Floor Price - 0.05 ETH]

Gutter Cat Gang to ‘Rise from the Ashes’ with New Leadership

Gutter Labs — the parent company of Gutter Cat Gang and other Ethereum PFP projects — is undergoing a revival with its new leader, Noah, following past challenges.

• Noah has expressed pride in being a part of the rich history and spirit of Gutter City.

• Additionally, the new leader announced a $500K personal capital injection into Gutter Labs.

• Gutter Cat Gang's mint price in June 2021 was 0.07 ETH, and after Noah's involvement, its floor price increased by 71% to 0.73 ETH, with secondary projects like Gutter Dogs also seeing a 121% price surge.

• The resurgence of PFP projects under new ownership, like Pudgy Penguins and BAYC, is not uncommon, but success depends on the vision and strategy of the new owner.

• Many community members have confidence in Noah's leadership, as evident on Crypto Twitter. 👇

MoMA Permanently Acquires NFT Artist Refik Anadol’s ‘Unsupervised’

The Museum of Modern Art (MoMA) has boldly stepped into the convergence of technology and art by acquiring 'Unsupervised – Machine Hallucinations', a tokenized masterpiece crafted by the innovative NFT artist Refik Anadol.

• Anadol's ‘Unsupervised’ exhibition reinterprets over 200 years of art at MoMA using AI.

• He utilizes a sophisticated machine-learning model to create a unique piece that incorporates light, movement, sound, and external climatic elements, displayed on a vast media wall for an immersive experience.

• The permanent acquisition was made possible through support from benefactors from RFC Collection and 1of1.

• Anadol has already gained global acclaim for his avant-garde media projects, including ‘Machine Hallucinations: Sphere’, the world's largest AI artwork, showcased on the immense 580,000-square-foot Sphere in Las Vegas.

  

  China Daily Unveils NFT and Metaverse Plans with $390K Initiative
  

  China Daily announces plans to launch its very own NFT and metaverse platform with a $390,000 initiative.
  

  LATEST: China Daily Ventures Into Metaverse And NFTs With $390,000 Platform Initiative

  — ANZALI.eth (@AnzaliWeb3)
  5:41 PM • Oct 10, 2023

  • China Daily is offering a $390,000 contract to a third-party blockchain specialist firm to develop its ‘Zhongbao Shuzang’ platform within three months.

  • The NFT platform aims to handle 10,000 transactions per second and collaborate with other marketplaces like OpenSea, Rarible, SuperRare and Foundation.

  • Its metaverse project will focus on NFT digital assets with a one-month development phase.

  • Users can expect innovative AR/VR promotions to unveil the following month.

Today's edition was written by Leah Alger.

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