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Welcome to NFT Watch presented by Algopulse, a weekly series covering all the latest news in the Algorand NFT space. We’ll be looking into the biggest drops, sales, and platforms on the market so that you can keep tabs on this rapidly growing area.
Al Goanna NFT project surpass 1 Million Algos in all-time sales
The Al Goanna NFT project has continued its recent streak of record breaking, becoming the first Algorand NFT project in history to surpass 1 Mil Algo in total turnover. The project which only began minting NFTs in August also set the previous record sale for an individual NFT on Algorand at 111,111 Algos for a Joker inspired Goanna. Al Goanna’s impressive progress has not gone unnoticed with a group of venture capital firms recently investing in 24 Al Goanna NFTs.
New Algorand NFT record sale set at $525,00USD
The Algorand NFT sale record has once again been broken with the new record set at 525,000USD or 304378 Algos at the time of writing. The piece titled Arcadia by poet Arch Hades, animator Andres Reisinger, and musician RAC is a ten-minute-long video focused on the existential crisis faced by modern society. The piece was originally developed as a poem with the animation and musical components later incorporated. The piece was listed on global fine art marketplace Christies selling on November 9th after it was originally minted on the new Algorand based NFT marketplace Aorist.Art.
New York City gets NFT Fever
New York City has drawn the attention of global NFT enthusiasts in recent weeks with a number of NFT themed events helping increase public knowledge about what they are and how they work. This began with the second-ever nft.nyc conference in Jimmy Buffett’s Margaritaville in midtown Manhattan. The event had more than 5,500 attendees with 3,000 more on waiting lists.
As well as this, 15 of New York’s world-famous Times Square billboards featured a variety of NFT works from different blockchains. This includes Beeple’s famous “Everyday” piece, as well as several of Ethereum’s most popular collectible series.
Award-winning mobile-app enters the world of NFTs on Algorand
Photo and video editing mobile-app VSCO has this week launched a new NFT project under the name Exhibitions. This is the first new product within VSCO experimental called Plaza which is hoping to target a higher calibre of creative talent.
“With so many NFTs out there, it’s hard to know what to invest in. We want to help buyers know what quality art is by entrusting cultural movers and shakers to guide us in the right direction.” said Co-Founder and CXO of VSCO Greg Lutze.
“For years, VSCO has been a go-to place for creative inspiration and creation, but as creators have progressed and the creative industry has evolved, VSCO will continue to do so as well.”
Thank you for reading the latest edition of NFT Watch presented by Algopulse as we look forward to bringing more of this content to the Algorand Community. Was there anything that we missed? If so let us know on Twitter, Discord, and Telegram where you can also send us any Algorand NFT news you see throughout next week for our next instalment.
