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South Korea’s Financial Supervisory Authority issues tips to prevent the spread of cryptocurrency scams

The Financial Supervisory Service of South Korea has issued a warning to prevent the spread of damage based on reports of virtual asset-related investment fraud from the Virtual Asset-related Investment Fraud Reporting Center. The financial regulatory agency is calling for caution against investment solicitations through unauthorized and unregistered (illegal) virtual asset exchanges and providing response tips.

NFT sales on the Bitcoin chain exceeded $100 million in the past seven days

According to the latest data from cryptoslam, the sales of NFTs on the Bitcoin blockchain in the past 7 days have exceeded $100 million, reaching $109,426,965 at the time of writing, surpassing Ethereum, Polygon, and Solana, ranking first in the sales of NFTs on the blockchain for the past 7 days. In addition, the sales of NFTs on the Bitcoin blockchain from January to present have exceeded $200 million, currently around $208 million.

GameStop will shut down its NFT market and cease operations starting February 2

Electronic game and related product retailer GameStop has decided to close its NFT market and will cease operations from February 2nd.

Crypto-Native NFT IP: A New Era For Consumer Brands

The world's most recognizable consumer intellectual property (IP) brands are incredibly valuable. Pokemon has grossed over $77 billion in lifetime revenue, while Winnie the Pooh, Mickey Mouse, Star Wars and Anpanman have all crossed the $50 billion figure.
Crypto-Native NFT IP: A New Era For Consumer Brands

Twitter Removes NFT Profile Picture Feature for Paid Subscribers

Elon Musk's company, X, has shared its vision for 2024, which includes plans for peer-to-peer payments and AI-powered tools. However, the company has also quietly removed a feature that allowed paid subscribers to set NFTs as their profile pictures. This feature was originally launched in January 2022, but has now been removed from X's Premium support page. While users who had already set NFTs as their profile pictures still have them, it is unclear if X will eventually remove them as well.

Thoughts on Selling Generative Art

Through my work with Bright Moments, I’ve spoken with numerous artists about how to sell long-form generative art collections. I have now put this advice into an essay to share with a wider audience.
Thoughts on Selling Generative Art

BasePaint

“This is the most fun I had onchain in a long time”— creators and users of BasePaint. Let me tell you a story about building BasePaint, a collaborative pixel art project that is unlike what you typically see in the crypto space. I’ve been writing this post for the last 100 days and did my best to make sure it’s not too boring. Buckle up and consider minting!
BasePaint
NFT

Solana-based community project SOGA will launch NFT Mint at 8pm Beijing time on January 8

 According to official sources, the Meme community project SOGA based on Solana will officially launch NFT Mint at 8:00 pm Beijing time on January 8. The NFT is minted based on Solana, and users can hold NFT to enjoy the subsequent SOGA token airdrop benefits. The total issuance of NFT is 2,000. The SOGA project is a community project initiated by the Solana SAGA mobile phone holder community, aiming to spread Meme culture through SOGA NFT and SOGA tokens.
NFT

NFT project TinFun has started whitelist sales and public sales, and the current participation amount exceeds 2,000 ETH

On January 7th, NFT project TinFun announced on social media that it has started its whitelist sale and public sale. The sale will run from January 7th at 11:00 Beijing time to January 8th, 2024 at 11:00, lasting for 24 hours. According to Etherscan data, the current amount of participation in the whitelist sale and public sale has exceeded 2000 ETH, reaching 2,179.7 ETH.<br>It is reported that TinFun whitelist users can only send one transaction based on the maximum number of purchases available (i.e. the whitelist quantity); a successful transaction means a successful reservation of TinFun NFT, and TinFun will conduct a unified airdrop after the public sale lottery is completed. Users participating in the public sale can deposit a minimum of 0.1 ETH and a maximum of 0.2 ETH in a single wallet for the lottery. After the public sale ends, TinFun will conduct a lottery and announce the winning results, with each wallet being able to win a maximum of 2 NFTs. If the user wins, TinFun will conduct a unified airdrop of the reserved NFTs from the whitelist sale after the results are announced. If the user does not win, they can receive a refund after the airdrop is completed.
NFT

Bitcoin Frogs’ total trading volume on Magic Eden exceeds 1,000 BTC

According to data from the Magic Eden official website, the total transaction volume of the Bitcoin Frogs NFT project on the Bitcoin blockchain has exceeded 1000 BTC, currently at 1049.3 BTC, and the current floor price is 0.1885 BTC.