Not a Hint of Bearishness

The Monument Game fetches $723K | LimeWire Joins Polygon | HYTOPIA NFTs surge 122%

Author

Leah Alger
August 31, 2023

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This Week's Low-Down:

  • 💸 The Monument NFT Game Fetches $723K in Auction

  • 🤖 LimeWire Transforms with Polygon AI Creator Studio

  • 🚀 HYTOPIA's Debut Marks 122% NFT Trading Volume Surge

What's Happening Header

  • Hip-Hop Icons Tune into Gala Music to Drop Rare NFT Album (NFT Lately)

  • Friend.tech’s Fast Fall: Critics Declare the Platform ‘Dead’ (NFT Evening)

  • Soccer Star Ronaldinho Faces $61M Legal Battle over Crypto Scam (NFT Lately)

  • Did the SEC Just Declare War on NFTs? (Decrypt)

  • Yes…Trump’s NFTs Just Spiked After His Mugshot Was Released (NFT Lately)

  • Ready, Set, Hunt! DeFi Kingdoms Introduces ‘Mad Boar’ Challenge (NFT Evening)

  • How Zeneca Built a Community by Doubling Down on Education (nft now)

  • Volaris Enters the NFT Market With Its Distinctive Collection (NFT Lately)

  • Tom Bilyeu’s Impact Theory Dealt Major Blow by SEC (NFT Lately)

  • Ready, Set, Hunt! DeFi Kingdoms Introduces ‘Mad Boar’ Challenge (NFT Evening)

  • FLUF World 33% Trading Rally in the Wake of $54M Investment (DappRadar)

  • BNB Chain Announces Web3 Gaming Partnership With Ethlas (nft now)

Trending Collections on OpenSea:

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The Monument NFT Game Fetches $723K in Auction

The Monument Game achieved a significant auction milestone on August 25, selling for around $723,641 (420.69 ETH) to 10F1 Art's founder, known for curating high-end NFT art like Beeple's Human One.

  • The Monument Game is an immersive art world designed by Sam Spratt.

  • Viewers are invited to interpret a digital painting drawn from personal memories and experiences.

  • To participate, viewers acquire ‘Player’ NFTs, initially valued at $5728 (3.33 ETH), but now trading at $8858 (5.15 ETH) — a 55% increase.

  • The gamified journey extends further, offering rewards for top interpretations, including the valuable ‘Skulls of Luci’, fostering collaborative storytelling and community engagement.

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LimeWire Transforms with Polygon AI Creator Studio

LimeWire, infamous for file sharing and piracy in the 2000s, is launching its AI Creator Studio on the Polygon blockchain to empower creators in a decentralized manner.

  • The AI Creator Studio starts with image generation using AI models, expanding to AI-generated music.

  • Users can craft AI-generated compositions from a melody, beats, and song library.

  • LimeWire, previously known for music piracy, aims to redeem itself with this new venture.

  • It relaunched in 2022 as a digital collectibles marketplace and secured $10 million in funding.

  • Now, it offers creators a share of ad revenue, NFT trading opportunities, and the potential for subscription-based monetization on the Polygon blockchain network.

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HYTOPIA's Debut Marks 122% NFT Trading Volume Surge

Rivaling Minecraft in the Web3 world, HYTOPIA successfully debuted its testnet on August 27, with NFT trading volume soaring by 122% to $246,440 — alpha coming soon!

  • HYTOPIA is a groundbreaking gaming platform and metaverse developed on Ethereum and Polygon.

  • Crafted by experienced Minecraft modders, the goal of the metaverse is to expand player experiences and creative expression.

  • Already, the platform is buzzing with trading activity, gearing up for a full launch later this year.

  • It is dedicated to overcoming Minecraft's limitations and enhancing player experiences.

  • The NFT trading volume surge suggests strong interest in HYTOPIA's unique assets.

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Today's edition was written by Leah Alger.