The press release below is a good illustration (literally) of what is wrong with NFT media market. Why do grown up people invest millions into childish images that have neither artistic, economic nor historic value? The Dutch Tulip Mania, also known as Dutch tulip bulb market bubble, the most famous market bubble and crash happened in 1637 in the in the Dutch Republic, pales in comparison with the current NFT market dominated by images of bored apes. We believe the current bored-ape-driven NFT bubble will burst. After the dust settles the real NFT market based on intrinsic artistic, economic nor historic values will arise.
Approach taken by Nike and Adidas is actually a step in the right direction, commercializing and in the same time promoting the major product line with digital memorabilia.
Nike is betting that sneakerheads will want to collect virtual kicks in the form of NFTs https://t.co/2vytkVJlFF
— The Wall Street Journal (@WSJ) December 20, 2021
Adidas is launching an NFT collection with exclusive access to streetwear drops https://t.co/HvrgfnQPbb pic.twitter.com/QY7FknPDlf
— The Verge (@verge) December 16, 2021
Adidas sold more than $22 million in NFTs, but it hit a few snags along the way https://t.co/aUmbVbQ3fk pic.twitter.com/gmQGdcfrHC
— The Verge (@verge) December 18, 2021
NFT technology trends
4 NFT technology trends that we’re betting big on at Gm Capital in 2022:
1) Gaming: P2E favoring game theory vs labor
2) Fashion: AR driven luxury goods with IRL crossover
3) Media: Web3 disruption of traditional biased reporting
4) Finance: NFTs as structured financial products
— King Jesse 👑 (@king__jesse) December 20, 2021
Cryppo: the NFT collections to play in the metaverse and earn tokens
LUGANO, Switzerland, Dec. 20, 2021 – The Cryptonomist, in partnership with Italian company ArtRights, is launching its series of NFTs dedicated to Cryppo.
The public sale will start on December 21st at 6 pm CET on the most famous platform for NFTs, OpenSea.
Cryppo has a long-term roadmap. The series is formed by 3777 Artificial Intelligence-generated NFTs with over 90 very special 3D traits, which makes Cryppo ready for the metaverse.
In fact, thanks to a partnership with The Nemesis, Cryppo will immediately have its own metaverse, where holders can meet, talk, play and participate in exclusive events.
Also, in the future, as per roadmap, holders will also have the chance to buy lands and participate in a DAO to receive Cryppo tokens.
In fact, each holder will be rewarded and, in the future, will be able to participate in DAO decisions to grow together, thanks to Cryppo governance tokens.
A DAO is an autonomous decentralized organization where participants of a project can decide and vote for the future steps of the project itself.
The roadmap, as mentioned on the official website, also includes a staking program to farm NFTs and receive the whole Cryppo family. In fact, if you buy a Cryppo NFT, you can stake it and farm it to gain Cryppo’s wife and kids and receive tokens too.
The roadmap also features other future developments like live events, merchandising and more opportunities for Cryppo holders only.
Who is Cryppo?
Cryppo is an adventurous hippopotamus (Hippopotamus cryptonomus) who has survived the significant changes in the crypto since the great eruption of the Nakamoto volcano that gave birth to the great conquests and battles of the ICO era, IEO, and even the market crash, KYC and shitcoin. Today in his NFT Valley, he faces the biggest challenge of the NFTs and the metaverse.
Cryppo: the NFT collections to play in the metaverse and earn tokens, Credits: The Cryptonomist Gmbh
Cryppo moves from database to database in search of the rarest cryptocurrencies and NFTs to collect and hold.
As a fearless researcher, he discovers the most interesting projects and previews them with his community in “Cryppo World.”
It is important to mention that this Cryppo NFT project has different partners including Zilliqa, Eidoo, Bitcoin Cash, Amazix, Algorand, and more.
Read more about the project here!
Photo – https://mma.prnewswire.com/media/1712559/Cryppo.jpg
Logo – https://mma.prnewswire.com/media/1712560/The_Cryptonomist_Gmbh_Logo.jpg
SOURCE The Cryptonomist Gmbh