NFT Recap

Thursday, July 8th, 2021

The Institute of Contemporary Art in Miami now owns a Punk

ICA Miami @icamiami

ICA Miami is the first major art museum to acquire a #CryptoPunk #NFT, through a major gift from museum trustee Eduardo Burillo! 🎉 👾 @larvalabs Read on to learn more about the work, CryptoPunk 5293, which will be on view at ICA Miami this summer. newsroom.resnicow.com/institute-of-c…

newsroom.resnicow.comInstitute of Contemporary Art, Miami Acquires CryptoPunks NFT Through Major Gift from Trustee Eduardo BurilloThe Institute of Contemporary Art, Miami (ICA Miami) today announced the acquisition of the non-fungible token (NFT) CryptoPunk 5293, marking the first NFT to enter a major art museum collection. Gifted by ICA Miami Trustee Eduardo Burillo, CryptoPunk 5293 will be on view at ICA Miami this summer, r…

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Sushiswap’s NFT Platform Shoyu gears up for launch

Shoyu, launching on August 18th, will bring a tremendous amount of much-needed innovation to the NFT space.

Yesterday, Sushiswap contributing developer LevX, who has also been working on Shoyu, published a new proposal to the Sushiswap governance forum. In this proposal he lays out the entire plan for Shoyu, as well as the roadmap for future development.

LΞVX @LevxApp

🍣 Here's a sneak peek of Shoyu: @SushiSwap's NFT Platform - Immersive Gallery & 3D Metaverse - Social Token - On-chain & off-chain exchange - Bidding strategies - Royalties distribution - Fractional ownership - Multi-chain support forum.sushi.com/t/shoyu-sushis…

forum.sushi.comShoyu: Sushi’s NFT Platform, Dev & Management ProposalSummary I, LevX, proposed the idea of our NFT exchange and thanks to our passionate community members, especially @FutureFund, @ayoki, Evan Keast, Zach Noble and @OmakaseBar, it evolved into a concrete project that would meet the actual needs of NFT artists & collectors. Now that contracts are comp…

LevX was formerly a core developer but took a step back to be a contributor. As a result, most of the work he’s done for Shoyu has been unpaid. At the end of this post, he requests to be reinstated as core dev for Shoyu. I voted yes.

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Crypto trades sideways, NFTs are still on the rise

Click here to read the full Q2 Web3/NFT report by Messari Research.

Messari @MessariCrypto

In our Q2 Web3/NFT report, we argue against the idea that the NFT market is dead. Media highlighted the crypto art/collectibles bubble pop, but the broad ecosystem continued growing. @opensea recorded its best month in June, facilitating >211K NFT sales across ~40K traders.