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Inside the Crypto Fortunes of Justin Sun, Vitalik Buterin, and Other Influencers

Inside the Crypto Fortunes of Justin Sun, Vitalik Buterin, and Other InfluencersAccording to analytics, several prominent crypto influencers hold substantial amounts of money onchain. For example, Tron founder Justin Sun has more than $1 billion in crypto assets. Ethereum co-founder Vitalik Buterin’s associated addresses indicate holdings of $935.25 million in digital currencies. Alongside crypto influencers, celebrities also possess a substantial amount of digital assets onchain. Tracking […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more

The “Parisland” metaverse experience will launch in time for Valentine's Day to give budding lovebugs a space to meet, at least virtually.

Swiping right in the metaverse

Famous New York socialite, Paris Hilton thinks the Metaverse may be the perfect place to find one’s true love.

In a Feb. 9 tweet, the celebrity and reality TV star said she will be working with The Sandbox (SAND) to bring “Parisland” to life.

The idea is essentially a Virtual Reality (VR) dating experience crossed with a reality dating show and is slated for a Feb. 13 release in time for Valentine’s Day.

According to a Feb. 9 statement, players will participate in an “in-game dating reality show” hosted by Hilton, where they will virtually meet with five potential lovers.

The experience will run until Mar. 13 and players will also complete quests to win nonfungible tokens (NFTs) or SAND prizes and memorabilia.

Such quests include choosing a wedding outfit and ring along with “rescuing a castaway, and flirting with other contestants.”

Nothing shows true love to someone you just met online like NFT “interlaced love rings.” Image: Parisland

Once players complete all the quests and find the love of their life they’ll have a virtual wedding and Hilton herself will spin the decks for their first dance together.

The event is hosted in conjunction with the Hilton-founded entertainment firm 11:11 Media. The company’s Web3 and metaverse strategy lead, Cynthia Miller, said it was on “a mission to help people find love” with the experience.

Ordinals CryptoPunk knockoffs make bank

Bitcoin (BTC) NFTs enabled by the Ordinals protocol have caused quite a stir in the community, but that hasn't been enough to stop some from paying thousands of dollars for select collections.

A knockoff of the Ethereum-based CryptoPunks NFT collection has made its way onto BTC called Ordinal Punks which currently has a total supply of 100 according to the project's website.

According to a price feed in the projects Discord, on Feb. 8 Punk 94 sold for 9.5 BTC or around $215,000 at the time.

So far, its the most someone has paid for a BTC-clone Punk from the collection and it’s around double the price of the last sold CryptoPunk from the original Ethereum collection — which sold for 70 Ether (ETH), or $110,000 according to OpenSea data.

Screenshot from the Ordinal Punks Discord showing sales from between 9.5 to 4 BTC in the past 48 hours.

Other sales from the past 48 hours show one Ordinal Punk selling for 6 BTC, around $130,000 and others selling for around 4.5 BTC, or around $100,000.

It’s a significant price jump from the end of last week, where some Ordinal Punks sold for as low as 0.07 BTC ($2,200) on Feb. 2 according to sale data.

RhiRhi’s royalties sell out through NFTs

Royalty rights from Rhianna’s hit 2015 song Bitch Better Have My Money has just been put up for offer as part of a collection of 300 NFTs.

Jamil “Deputy” Pierre was one of the song's producers who has now sold roughly 1% of his stake in streaming royalties through 300 NFTs that give the holder a 0.0033% lifetime share in royalties for the record when it’s streamed digitally on platforms like Spotify.

The collection, sold by Deputy in partnership with music royalty NFT platform anotherblock, was put up on Feb. 9 for 0.128 ETH each, or roughly $210.

The same day, anotherblock tweeted the collection had sold out “in a few minutes.”

anotherblock predicts one NFT to give a “probable” first-year return of 6.5%, which would yield $13.65 a year. At that rate, it would take a holder about 15 years to break even on their investment.

It’s unclear how much royalty share in the song Deputy has retained after the NFT sale.

Def Jam launches virtual band with Solana NFT collection

Def Jam Recordings, a subsidiary record label of Universal Music Group is trying its hand at building a Web3-native band through a partnership with the Solana (SOL) NFT collection, The Catalina Whale Mixer.

Announced through a Feb. 8 Billboard report, the band, called “The Whales” will be comprised of the cartoon whale characters that make up the collection similar to the virtual band the Gorillaz.

Catalina Whales later revealed in a tweet that the band would be a “gamified music group” and holders of an NFT in the collection could “land a role for [their] whale.”

The musicians behind the project are yet to be confirmed by Def Jam but it reportedly said it will involve a “who’s who” of talent and The Whales will release a full-length album but did not disclose a timeline.

Def Jam boasts signed artists such as Justin Beiber, LL Cool J, Rihanna and Nas.

In 2021 another universal subsidiary label, 10:22PM, signed a similar NFT-backed virtual band called KINGSHIP made up of four apes from the Bored Ape Yacht Club (BAYC) NFT collection.

Other Nifty News:

Luxury fashion brand Hermès won a trademark infringement case against NFT artist Mason Rothschild over his use of the Birkin trademark for his MetaBirkins NFT collection. The firm was awarded $133,000 in damages.

YouTuber Stephen Findeisen, better known as Coffeezilla, baited mixed martial artist, Dillon Danis, into promoting a fake NFT collection which according to Findeisen “literally spells out S.C.A.M.”

Solana ETF Momentum Grows Amid Reports of SEC Engagement

South African Court Releases Former Monero Developer Riccardo Spagni From Custody

South African Court Releases Former Monero Developer Riccardo Spagni From CustodyA South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Queen of Pop Becomes a Metaverse Material Girl — Madonna Buys Bored Ape for $564K

Queen of Pop Becomes a Metaverse Material Girl — Madonna Buys Bored Ape for 4KThe ‘Queen of Pop,’ Madonna has revealed she has “entered the metaverse” after she acquired the non-fungible token (NFT) collectible Bored Ape #4988. According to onchain data, Madonna’s Bored Ape #4988 was purchased for 180 ether or $564K at the time of settlement. Madonna Says She ‘Finally Entered the Metaverse’ Madonna is the latest celebrity […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Gwyneth, Shaq, Paris, Eminem — A Deep Dive Into the NFT Collecting Habits of the Rich and Famous

Gwyneth, Shaq, Paris, Eminem — A Deep Dive Into the NFT Collecting Habits of the Rich and FamousOver the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht Club (BAYC) collection. While they paid a pretty penny in ethereum […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor

Pop Star Justin Bieber Buys Bored Ape NFT for .29 Million, Pays More Than 300% Above FloorThe Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million in Ethereum for BAYC #3001 Justin Bieber spent […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Paris Hilton says that the Metaverse will be the ‘future of partying’

The pop-culture princess gifted everyone in the audience at ‘The Tonight Show’ with an NFT from her new upcoming collection with Super Plastic.

The OG influencer Paris Hilton has continued her crusade into the Metaverse, saying that she sees it as the “future of partying, going out, interacting with people, and being social”.

On Jan. 25, Hilton appeared as a guest on the ‘Tonight Show’ with Jimmy Fallon, where she spoke about her experiences in the NFT community.

Hilton told Falon that she will be dropping her first NFT collection with Super Plastic on the Origin protocol “soon,” but didn’t give any further details regarding a timeframe. Super Plastic is a vinyl toy and digital collectibles company.

She revealed the collection to audience members entitled “Forever Fairytale,” a collage of memories with her newly-wed husband Carter Reum. She then gifted the first NFT in the collection to Falon, and additional NFTs to each member of the audience.

“I think that’s the first NFT giveaway in television history,” said Fallon. On Jan. 18, Super Plastic dropped its “Headtripz” NFT collection, featuring a collaborative piece with Hilton.

Although this will be her first collection, it’s far from her first foray into the NFT space. In April 2021, Hilton sold her “Iconic Crypto Queen” NFT for $1.1 million.

In a Nov. 2021 interview with The Guardian, Hilton said that she began investing in crypto during 2016 when she “became friends with the founders of Ethereum.” Since then, she’s amassed an admirable NFT collection of 141 pieces, including a Bored Ape and works by Grimes and Steve Aoki.

The pop culture icon has become a somewhat unexpected advocate for the Metaverse in recent times. Hilton’s “Paris World” debuted on online gaming platform Roblox during New Year's Eve 2021, where Hilton played a DJ set to a virtual crowd.

“I think it’s important for people to not only be in the physical world but also to be in the digital world,” she told Bloomberg on Jan. 21.

Paris World comes complete with an amusement park, petting zoo, nightclub, and mansion where users can buy outfits from her closet or hang out on her yacht.

To date, the Metaverse island has only attracted a total of around 63,900 visitors according to Roblox stats. By comparison, Roblox’s “ALDC Studio” world inspired by the American reality TV show “Dance Moms” has amassed over 30.5 million visitors.

Hilton has over 55 million followers across her social media accounts on Instagram, Twitter, Facebook, Snapchat, and Youtube.

Despite its underwhelming stats, Hilton says that she remains hopeful for the island’s future. “I see Paris World evolving into a destination for different events throughout the year — Valentine’s Day, Super Bowl, New York Fashion Week,” she said.

"Paris World" in Roblox. Source: Paris Hilton/DXSH

Related: Paris Hilton drops surprisingly well-informed article about NFTs

The millionaire heiress rose to fame following the success of her reality TV program “The Simple Life” in 2003. She recently released a new show called “Paris in Love,” and a podcast called “This is Paris.”

Solana ETF Momentum Grows Amid Reports of SEC Engagement

Metaverse NYE Parties: Decentraland New Year’s Eve Bash to Recreate One Times Square, Paris Hilton to DJ in Roblox

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Solana ETF Momentum Grows Amid Reports of SEC Engagement

Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn

Socialite Paris Hilton Backs  Million Strategic Investment in NFT Protocol OrigynThe non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn Foundation Secures $20 Million NFT marketplaces and web platforms have seen […]

Solana ETF Momentum Grows Amid Reports of SEC Engagement