• Opensea with new upswing, Hack to Earn AND Art NFT to the moon

  • Apr 3 2022
  • Length: 2 mins
  • Podcast

Opensea with new upswing, Hack to Earn AND Art NFT to the moon

  • Summary

  • Opensea with new upswing Opensea announced today that Solana NFT's will be tradable on their platform in the future. This has been expected by many for months and is the next logical step to maintain market power. Solana is responsible for the 2nd most NFT transactions and excels in fast and cheap transactions. These have eluded Opensea until now. Moreover, the lack of supply provided an opportunity for other marketplaces to grow by specializing in this blockchain. Hack to Earn A team of hackers managed to capture 600 million dollars in crypto currency. In the process, the play-to-earn game Axie Invinity was attacked. Such thefts are unfortunately not isolated cases in the NFT world and Web 3.0 marketplaces need to provide more security and order in the long run. The in-game currency plummeted by 20% after the hack was announced, which many felt was very little, as 20% up and down can be a normal progression of cryptos. Art NFT to the moon When it comes to the most successful living artist, many think of Beeple or Banksy. But it is actually Jeff Koons. The artist now wants to take his first steps into the NFT world. The project is called "Jeff Koons: Moon Phases". For this Koons created a physical art-piece and put it also onto a NFT. The artwork then will be transported to the moon, in keeping with the "to the moon" meme. Koons says of his project: "I wanted to create a historically meaningful NFT project rooted in humanistic and philosophical thought,"
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