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- 📝 CryptoPunk #5822 sold... but at what cost?
📝 CryptoPunk #5822 sold... but at what cost?
PLUS: Ember Sword move blockchain (again), Project Dragon Ep. 2 to land August 29, and much more!
Nifty Notes Team
August 23, 2024
GM. This is Nifty Notes, the weekly newsletter that covers all the highlights in NFTs, web3 and the metaverse.
Here’s what we’ve got for you today:
CryptoPunk #5822 resold… but at what cost? 🤔
Ember Sword moves blockchain (again) ➡️
Project Dragon Ep. 2 set for August 29 🐉
INSIGHTS: Pudgy Present flew as more was revealed about these curious fishing rods, CryptoPunks V1 rose as interest began to brew, and Bored Ape Kennel Club climbed as further info on upcoming partnerships and initiatives was made public. GOAT Gaming declined as Season 2 debuted, Genuine Undead decreased with the announcement of Genuine Undead V2 on ERC-6809, and Skyborne Immortals slid after the $RCADE Nodes pre-sale.
Most Read ⬆️
CryptoPunk #5822 sold… but at what cost? 🤔
CryptoPunk #5822 – the most expensive CryptoPunk – has been resold by Deepak Thapliyal, CEO of Chain, for an undisclosed amount.
One of 9 so-called ‘Alien Punks’, this NFT was purchased by Thapliyal for 8,000 ETH in February 2022, equivalent to almost $24 million USD.
Both the buyer and sale price are unknown, though it is speculated that the NFT was sold at a considerable loss, given the decline in NFT floor prices, the cooling of interest in CryptoPunks, and the discreet nature of the sale.
Ember Sword moves blockchain (again) ➡️
Bright Star Studios have announced that their web3 MMORPG Ember Sword will migrate from Immutable to the Mantle Network, another Layer-2 solution on Ethereum.
This marks the third time that Ember Sword has switched chains, having originally switched to Immutable from Polygon in November 2021.
Mark Laursen, CEO and Co-founder of Bright Star Studios, states that the move will enable them to deliver “an unprecedented onboarding experience” that will “[enhance] how players control their in-game assets”, and make the game more accessible for web2 players.
Project Dragon Ep. 2 set for August 29 🐉
Otherside have announced that Episode 2 of Project Dragon will debut on August 29 at 22:00 UTC.
An experience akin to World-vs-World in Guild Wars 2, Project Dragon sees players compete in large-scale team battles within the Otherside metaverse.
Episode 1 was plagued with technical difficulties, although participants praised the introduction of Meetropolis and the potential at hand.
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and always do your own research.