KodaDot Weekly Roundup (28.11.2023)

Your Weekly Digest for the Latest NFT News

Introduction

Welcome back to the KodaDot Weekly Roundup, your home for the most important NFT and blockchain developments.

With adoption across sports and entertainment expanding, there’s no shortage of web3 excitement lately. Read on for the key developments and let us know your reactions!

Magic Eden Unveils Crypto Wallet Browser Extension

Magic Eden launched a crypto wallet browser extension supporting assets across various blockchains including Bitcoin, Ethereum and Solana. The extension tackles blockchain fragmentation with multi-chain compatibility, emphasizing user ownership via custom seed phrases. Future plans involve mobile apps, collaborations, and features like cross-chain NFT profiles. Learn more

KodaDot’s Swirls NFT Drop Rapidly Sells Out 1024 Pieces

KodaDot’s generative art NFT collection Swirls completely sold out 1024 algorithmically generated pieces in 30 minutes. This swift community-wide adoption signals immense interest in blockchain-verified digital creativity. With 100+ DOT volume and steady 1.08 DOT floor price, Swirls achieved legendary status, cementing KodaDot as a portal for prized art. Learn more

NHL Debuts Digital Collectibles Platform NHL Breakaway

The National Hockey League launched NHL Breakaway - a digital collectibles site in collaboration with the NHLPA and Sweet. The platform offers NFT starter packs with iconic hockey video highlights. With gamified incentives and real-life NHL rewards, Breakaway aims to redefine fandom. Currently 5,000 limited Series 1 packs are available until September 2024. Learn more

Van Gogh Inspired NFT Artwork Sells for $2.5 Million

Two NFT art pieces inspired by Vincent Van Gogh paintings recently sold for over $2.5 million total. One based on a famous Van Gogh painting fetched $1.3 million in crypto, while another sold for $1.27 million. This reflects rising demand for digitized collectibles themed around the renowned post-impressionist artist. In light of this trend, Paris' Musée d’Orsay announced plans to create unique VR and digital Van Gogh NFTs using blockchain technology. The high sales on Bitcoin's network versus Ethereum also signify a potential platform shift within crypto art. Learn more

Conclusion

From gaming integrations to Algorithmic artistry, web3 constantly disrupts new spheres. Turning hype into real utility remains a priority. As pioneers push boundaries, KodaDot strives to empower community creativity and ownership. We’ll keep tab on meaningful milestones during this monumental technological shift. Until next Tuesday!

The KodaDot Team