Indonesian Selfie NFT Seller Returns through Memecoins, Unexpected NFTs Land in BlackRock's Wallet, and a Mega CryptoPunk Sale Shakes up the NFT World
Summary:
This article delves into four key events in the NFT space: the return of Indonesian "selfie guy" Sultan Gustaf Al Ghozali to the market through memecoins, the unexpected memecoins and NFTs received by BlackRock following a stablecoin deposit, the anticipated revival of Pixelmon via fractionalized NFTs, and a landmark CryptoPunk sale, which is the second-largest for the collection.
Explore the journey of an Indonesian individual who made a return to the spotlight through memecoins, after ordinary people bought his selfies via nonfungible tokens (NFTs) last year. Also, dive into the surprising turn of events where random memecoins and NFTs landed in BlackRock's crypto wallet following a stablecoin deposit. On a different note, discover the evolving strategy of Pixelmon — whose CEO is banking on fractionalized NFTs — and get the details on the latest record-breaking sale from the CryptoPunk collection.
An Indonesian man, Sultan Gustaf Al Ghozali, known for his NFT selfies in 2022, is making headlines once again, this time through a unique blend of NFTs and memecoins. After announcing his hybrid project on March 24, a presale address was disclosed. Shortly after, this address held a substantial 527 Ether (ETH) amounting to approximately $1.8 million. Despite surpassing the 400-ETH limit Ghozali had initially set, he clarified that excess funds would be returned.
In an unexpected turn, BlackRock, a global asset manager, discovered its crypto wallet enriched with an assortment of memecoins and NFTs following a deposit of $100 million USDC. The revelation came when on-chain detectives noticed the connection of one of BlackRock's wallets to a new tokenization initiative. The result? An array of digital assets, from Bitcoin Ordinals’ Pepe coin to so-called "CryptoDickbutts S3" NFTs, found their way into BlackRock's wallet listed on Etherscan.
Concurrently, the CEO of Pixelmon, a crypto project, anticipates a solid revival leveraging fractionalized NFTs. Widely considered the bottom rung of NFT projects in the past, CEO Giulio Xiloyannis revealed a renovation plan involving revamping the project's art pieces. According to him, Pixelmon will couple free play with Web3 features. This move enables NFT owners to gain royalties from the use of their NFT's likeness off the game. Moreover, traders could own a piece of an NFT and collect earnings reflective of their percentage ownership.
Adding spice to the NFT landscape this month was an outstanding sale from the CryptoPunk collection. Coming in at second place in terms of the largest sale, CryptoPunk #7804 was sold for 4,850 ETH or around $16.4 million. The NFT, previously owned by Peruggia, was bought in 2021 for 4,200 ETH (equivalent to around $7.5 million). As he said his goodbyes, Peruggia referred to the sale as a significant moment signifying the end of an era.
Do come back on Wednesday to refresh your knowledge with the latest happenings in the NFT arena, an ecosystem that continues to evolve and surprise us each passing week.
Published At
3/27/2024 10:00:00 PM
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