Nifty News: FLUF World and Snoop Dogg fundraise, Adidas and Prada NFTs, WAX gifts 10M NFTs

January 23, 2022 Coin Telegraph

FLUF World and Snoop Dogg give back to Auckland charity, Adidas Originals and Prada call on fans to contribute to NFT project, UNICEF celebrates 75 years with an NFT collection and WAX to carry out largest NFT airdrop.

There was so much Nifty News this week that a second round-up was necessary to catch up on the latest nonfungible token (NFT)-related news.

FLUF World and Snoop Dog partner for charity

FLUF World, Beyond VR studio and Snoop Dogg teamed up to raised over $1 million via a one-day charity NFT auction on behalf of the Kiwi nonprofit organization Auckland City Mission.

Seven FLUF World NFTs were paired with seven limited-edition Snoop Dogg-themed Burrows designed by Beyond and sold on OpenSea. The partnership with the rapper included a 500 Snoop Dogg studio drop announced this past week.

What. The. Fluf.

Over $1 Million NZD raised in just 12 hours in our @SnoopDogg Burrow & Fluf Auction for the @AKcitymission. We're blown away

Thanks to our partner @beyondvrgames, all who gave generously and everyone who tuned in to show their support.

We love you all ❤️ pic.twitter.com/0C1aYM3Vg5
— FLUF (@FLUF_World) January 20, 2022

Non-Fungible Labs, who own FLUF World first made a Christmas donation of $100,000 to Auckland City Mission last month. Just as Fluf avatars can find a home in Burrows in the metaverse, Aukland City Mission helps locals in need of housing.

Adidas Originals

Adidas Originals launches the 'adidas for Prada re-source' project in collaboration with digital artist Zach Lieberman on SuperRare. A majority of the proceeds from the NFT sales will be donated to Slow Factory, a non-profit organization and institute dedicated to improving sustainability and environmental literacy.

Adidas and Prada invite their communities to share anonymized photographs to the open-Metaverse NFT project. 3,000 community-sourced artworks will be chosen and minted as NFTs. Digital artist Zach Lieberman will then compile the images as tiles in a single mass-patchwork NFT design. Contributors will maintain full ownership rights over their individual NFT tiles.

Introducing adidas for @Prada re-source —an ambitious first-of-its-kind NFT project featuring user-generated and creator-owned art, in collaboration with digital artist @zachlieberman.

3,000 tiles, 1 canvas. Play.

Learn more at https://t.co/biHgWL4rQq #adidasforPradaNFT pic.twitter.com/bKBnmkWDWI
— adidas Originals (@adidasoriginals) January 20, 2022

UNICEF celebrates 75 years with NFT collection

On the eve of UNICEF’s 75th anniversary, the UN children’s agency launched its largest 1,000 data-driven NFT collection in support of internet connectivity at schools. So far $740,000 has been raised.

The first 1,000 NFT pieces raised $550,000, and the pre-sale for a limited-edition piece and four others last week at a St. Moritz auction raised $140,000. UNICEF also secured an arrangement with secondary auction platforms to receive 20% royalty of all future sales, which brought in the additional $50,000 in one week, according to the organization. This royalty structure may allow UNICEF to continue raising funds for its Giga school-connectivity initiative via re-sales for years to come.

WAX to airdrop 10M NFTs

WAX recently reached 11 million total wallets accounts on the WAX platform and decided to celebrate by airdropping a total of 10 million free NFT collectibles to the first 10 million wallet holders. This is the largest single NFT drop to date, according to the company, and will allegedly emit zero carbon emissions.

The free NFTs span 10 different digital pins, each marking a different moment in WAX's history. From its launch on Mainnet in 2019 to its WAX Cloud Wallet launches and its collaboration with AMC and Spiderman.

Other Nifty News

Social media networks made NFT headlines this week as well. Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles to allow their users to display their NFTs. Meta may also be in discussion about launching an NFT marketplace.

Twitter, on the other hand, announced its rollout for NFT, hexagonal avatars. For now, only paid subscribers of Twitter Blue using iOS, which costs $2.99 per month, have access. Twitter users were quick to point out, however, that anybody can simply right-click-save any NFT from a Twitter profile, mint it, and then use it as their avatar.

5 times quickfire crypto traders bought the news for double (or triple) digit profits

December 11, 2021 Coin Telegraph

Coin Telegraph

Buy the rumor? It depends how fast you pull the trigger when the news breaks. These mind-bending returns rewarded crypto traders who were fastest on the draw... Here's how you can join them.

Why do crypto traders “buy the rumor, sell the news”?

Simple. Because whispers of exchange listings or big-name partnerships reach very few people… while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While insiders are quietly amassing tokens on rumors, the rest of us are completely ignorant of what may be coming.

But with rumors, there are no guarantees. Which can lead to disappointment and serious loss of investment for those traders who gamble that they’re true… and end up wrong.

So how can you possibly compete with thousands of other market participants when important news actually breaks? You’d have to be one of the very first to know in order to catch the price before it spikes.

Look at the examples below — the time between a closely-guarded announcement and a massive price spike of 144% can be just a few minutes!

NewsQuakes™ on the Cointelegraph Markets Pro data intelligence platform allow you to completely outsource monitoring the crypto news space to AI. The machine learning algorithm automatically combs through thousands of relevant sources and instantly alerts members via mobile notifications when potential market-moving events are detected.

NewsQuake™ announcements are snapped from primary sources such as exchange websites, Medium posts, or projects’ Twitter accounts, meaning that traders don’t have to wait for the media or their favorite influencers to turn raw information into a story.

Extensive research has identified three types of news — exchange listings, staking, and partnership announcements — that are most likely to spark strong rallies.

Here are 5 stories that alerted traders to massive profit opportunities in 2021… and a few dramatic illustrations of how NewsQuakes™ tipped off Markets Pro members.

WAX (WAXP): +144% in 2 hours

*WAXP price following Cointelegraph Markets Pro NewsQuake™*

Exchange listings reliably boost crypto prices, especially when it is a small or medium-cap coin being listed on a major exchange.

On Aug. 23, before the news of WAXP’s listing on Binance came in, the token was trading at 18 cents. In two hours from the announcement, WAX’s price soared to reach 44 cents. In this situation, getting the news quickly was key.

As can be seen in the chart, the NewsQuake™ alert (red circle) came in just before WAX’s price exploded.

Decentraland (MANA): 111% in 96 hours

*MANA price following Cointelegraph Markets Pro NewsQuake™*

It is now hard to believe that in March 2021, long before Facebook’s rebranding into Meta and the associated hype around the group of assets now widely known as metaverse tokens, MANA was trading at just $0.55.

On March 12, the announcement of OKEx enabling margin trading for the asset got crypto investors stoked, and sparked a long rally that saw MANA go from $0.55 to $1.16 over the next four days. The earlier traders were in buying the NewsQuake™, the more profit they could have secured for themselves…

Polygon (MATIC): +90% in 50 hours

*MATIC price following Cointelegraph Markets Pro NewsQuake™*

On Feb. 23, in the middle of a cool-off that followed the first leg of the week’s big rally, the announcement of MATIC’s debut on Binance Staking gave the asset a powerful second wind. (The red circle indicates the Markets Pro NewsQuake™.)

The resulting hike propelled the coin from $0.11 to its then-all-time high at over $0.21, an increase of 90%. Today, this can seem minor in the light of the token’s year-to-year return on investment of more than 11,000%, but on that day, traders were surely content with MATIC’s price “only” nearly doubling.

VeChain (VET): +46% in 52 hours

*VET price following Cointelegraph Markets Pro NewsQuake™*

A great example of impactful partnership news is VeChain’s announcement of its collaboration with the accounting firm PricewaterhouseCoopers that came up on Apr. 12.

It was not a huge surprise that the news of the enterprise-oriented blockchain project getting access to the client base of one of the Big Four firms pushed the token’s price 46% up over the fours of two days.

In this case, the NewsQuake™ from Markets Pro arrived significantly before the major rally.

Amp (AMP): +42% in one hour

*AMP price following Cointelegraph Markets Pro NewsQuake™*

On Nov. 23, a post on Binance’s Twitter account announced that digital collateral token AMP was slated to be listed on the exchange platform. Markets Pro users received their near-instant NewsQuake™ alerts within seconds.

It was a very clean breakout: Apparently, no-one front-ran the news, and the token’s price soared immediately following the public announcement, shooting up almost vertically from $0.050 to $0.071 in just an hour – a gain of 42%.

Timing was key here, and those Cointelegraph Markets Pro members who got the news early thanks to the NewsQuake™ alert found themselves ahead of the pack.

Cointelegraph is a publisher of financial information, not an investment adviser. We do not provide personalized or individualized investment advice. Cryptocurrencies are volatile investments and carry significant risk including the risk of permanent and total loss. Past performance is not indicative of future results. Figures and charts are correct at the time of writing or as otherwise specified. Live-tested strategies are not recommendations. Consult your financial advisor before making financial decisions.

Sony Pictures and AMC Theatres Choose WAX Blockchain for Spider-Man: No Way Home NFT Promotion

December 7, 2021 Bitcoin.com

AMC and Sony to Gift NFTs to ‘Spider-Man: No Way Home’ Advance Opening Ticket Buyers

November 30, 2021 Bitcoin.com

WAX Builds the Largest Cross-Blockchain Ecosystem for NFTS, Gaming, and GameFi With Binance

November 24, 2021 Bitcoin.com

Monthly NFT Metrics Dive Bomb, NFT Sales Measured in USD Slip 16%

November 23, 2021 Bitcoin.com

Metaverse and blockchain gaming altcoins rally while Bitcoin looks for support

November 19, 2021 Coin Telegraph

Altcoin Watch

Blockchain games, NFT creators and major corporations are looking to acquire space in the Metaverse. Here’s how the growing sector is impacting SAND, MANA, GALA and WAXP price.

Bitcoin’s (BTC) recent foray back below $56,000 sparked a wide-ranging sell-off across the cryptocurrency ecosystem and talks of the price hitting $100,000 by the end of the year quickly morphed into concerns about an impending bear market that could thrust prices into the doldrums for a year or longer.

While there appeared to be absolute carnage in the markets judging by peoples' reaction to the BTC pullback, not all tokens were negatively impacted and gaming tokens focused on the emerging Metaverse have managed to stay in the green.

Data from Cointelegraph Markets Pro and TradingView shows that while the price of Bitcoin dropped below $57,000, the price of Metaverse tokens climbed higher, including a 160% gain for Gala (GALA), a 78% rally for WAX (WAXP), a 62% breakout for The Sandbox (SAND) and 45% for Decentraland (MANA).

*BTC/USDT vs. GALA/USDT vs. WAXP/USDT vs SAND/USDT vs. MANA/USDT 4-hour chart. Source: TradingView*

The past couple of months has seen a growing focus on "the dawn of the Metaverse" as all manner of gaming protocols, nonfungible token (NFT) collections and projects focused on designing the landscape to the growing virtual world have seen a spike in interest after Facebook announced that it was rebranding its parent company to “Meta.”

NFTs pave the road to mass adoption

The skyrocketing popularity of Metaverse-focused projects is, in large part, thanks to its adoption by popular culture and well-known celebrities who have discovered the potential that exists within decentralized finance (DeFi) and NFT technology.

From Post Malone purchasing Bored Ape Yacht Club (BAYC) NFTs that were featured in the music video “One Right Now,” to globally recognized brands like Gucci and Coca-Cola launching their own lines of branded NFT merchandise to engage with customers, the road to mass adoption is paving a route through the Metaverse.

As a result, projects that deal with the growing field of virtual real estate such as The Sandbox and Decentraland have seen significant growth in both token price and the number of users interacting with their protocols over the past month.

*The Sandbox users statistics. Source: DappRadar*

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for SAND on Nov. 17, prior to the recent price rise.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

*VORTECS™ Score (green) vs. SAND price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for SAND climbed into the green zone on Nov. 17 and reached a high of 79 around three hours before the price increased 48.5% over the next two days.

Digital collectibles are on the rise

The rise of the metaverse and digital collectibles has come at an interesting intersection in the development of our global society, especially considering that issues related to environmental sustainability and global supply chains have increasingly come into focus.

Crafting things in the digital world actually solves many of the problems currently facing humanity because there is no need for physical inputs to craft the final products, nor is there the need for a vast system of shipping when the items are digital and can be transferred via the internet.

Rather than vast production lines creating the latest collector’s cards or action figures from popular sports, games or movies, protocols like WAX (Worldwide Asset eXchange) offer digital versions of the same items that can easily be stored in personal digital wallets or transferred around for little to no cost.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for WAX on Nov. 2, prior to the recent price rise.

*VORTECS™ Score (green) vs. WAX price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for WAX climbed into the green zone on Nov. 2 and reached a high of 74 around 24 hours before the price began to increase by 154% over the next two weeks.

While the short term outlook for Bitcoin and the wider cryptocurrency market remains uncertain and half the crowd is worried about the start of a crypto winter. The more experienced traders view the dip as just another opportunity to buy the dip and the trajectory of the Metaverse continues upward as projects focused on laying the foundation for the future of commerce and socialization are likely to be the most profitable investments over time.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

WAX