A widely followed crypto strategist believes that one Ethereum (ETH) rival could have a strong performance this year. Pseudonymous analyst Altcoin Sherpa tells his 214,300 followers on the social media platform X that Fantom (FTM) could soar more than 15% from its current value. “FTM: I think this is still a very solid coin and […]
The post Trader Says One Ethereum Rival Will Do Well in 2024, Updates Outlook on Three Additional Altcoins appeared first on The Daily Hodl.
A widely followed crypto analyst and trader is offering his forecast on a digital token that represents physical and traditional financial assets or Real World Assets (RWA). The trader pseudonymously known as Altcoin Sherpa tells his 213,700 followers on the social media platform X that crypto assets in the RWA category are still “strong”. According […]
The post Trader Updates Outlook on Altcoin That’s Exploded Over 1,000% Year-to-Date, Maps Path Forward for Bitcoin appeared first on The Daily Hodl.
A little-known altcoin is surging over 45% during the last day as a new community proposal passes to upgrade the protocol’s token. In a new video update, John Patrick Mullin, the chief executive of Mantra Chain (OM) says that the community recently voted on making OM the project’s sole token, causing OM to spike. “We […]
The post Under-the-Radar Altcoin Explodes Over 45% in 24 Hours Amid Passing of Community Proposal To Upgrade Token appeared first on The Daily Hodl.
Coinbase continues to expand its crypto footprint in a major way by extending custodial services support to more than a dozen altcoins. In a new announcement, the US-based cryptocurrency exchange says it’s adding 16 new cryptocurrencies to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust, a baker’s dozen […]
The post Coinbase Custody Adds Support for 16 Altcoins, Including 13 Ethereum-Based Tokens appeared first on The Daily Hodl.
After launching a museum district with a long list of top NFTs, punk6529 bullishly told their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.”
Popular NFT collector “punk6529” today unveiled an ambitious open Metaverse project that is looking to attract 100 million users.
The self-funded project is dubbed “OM” and aims to be an open platform that is built and shared by the community. The broader vision for the project is to launch 10 self-governing cities with a max population of 10 million each.
The museum district of the first city (Genesis City) was launched in alpha mode earlier today, with punk6529 bullishly telling their 323,200 Twitter followers that it might be “the most high-end art NFTs ever displayed in one place.”
A promo video for OM shows a long list of NFTs from top projects such as CryptoPunks, Tyler Hobbs’ Fidenza collection, Bored Ape Yacht Club and Art Blocks. At this stage, there are 2000 NFTs on display that belong to either punk6529 or the project’s team members. However new users will be also able “load” their NFTs into OM’s galleries.
5/ What is in here?
— 6529 (@punk6529) April 14, 2022
- The 6529 Museum of Art
- The museums of 6529 team members
It is my favorite visualization of NFT art to-date.
I also think it may be the most high end art NFTs ever displayed in one place.
The tour is later in the thread
The NFT proponent outlined that they are not looking to charge fees or generate crowdfunding at this stage, as they look to deliver a working product before scaling up via investment. At this stage, anyone is free to join and build in the alpha, as long as their “ideas match” that of the museum district.
“I do not want your ETH, I want your input on how to design OM. I collect in public, I invest in public and we are going to build OM in public together.”
“The fundamental governance model of OM is at the district level: Districts can either be ‘developed’ or ‘open’. 6529 is going to develop the 6529 Museum District for example. Others can develop others. Others can be free-for-all experimental spaces,” they added.
To celebrate the beginning of OM I just took and minted a photo from the highest building of the #6529MuseumDistrict (inspired by @DrifterShoots). This is truly amazing, thank you for creating this. @punk6529 @6529er #OM #openmetaverse pic.twitter.com/hpRbIMgVzn
— G9ralt (@G9ralt) April 14, 2022
In terms of scale, punk6529 stated that the museum district has 25 active buildings in the center square, along with another 2000 buildings that are yet to be activated.
“Each building can host between 1 to 100 spaces, so this district type can easily host 100,000 citizens,” punk6529 said.
The NFT collector also offered their take on an open Metaverse, noting that they envision OM as having “no one party in charge. A Metaverse where you don’t have to worry ‘who is the shareholder and do you agree with them?’.
“This is not so shocking, humans have accomplished this before. There is not one human being in charge of: email, or HTML or TCP/IP or Bitcoin or ERC-721.”
Absolutely blown away by the open metaverse created by @punk6529 @batsoupyum @krybharat @bonafidehan @ACthecollector & @phon_ro. Spent the evening exploring and enjoying all of the incredible art. I can see myself spending a lot of time here in the future! pic.twitter.com/l2mnsSqcp2
— Michael Sidofsky (@mindzeye) April 15, 2022
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For the project to grow and attract a mainstream audience, punk6529 notes that it will have to be affordable, user friendly and provide a bridge to the real world to scale beyond “ETH/crypto degens.”
If all goes to plan, OM will transition into a public beta around June or July if the Metaverse attracts enough users and the tech is able to support further development and large spaces.
Cointelegraph has reached out to punk6529 for more information on the project and will update the story if they respond.
