FlamingoDAO’s Unprecedented Sweep: A Game-Changer in the NFT World

The Dawn of a New Era in NFTs: FlamingoDAO, a prominent player in the NFT space, made a powerful statement by acquiring a staggering 26 collections in just over an hour, amounting to a total of 448 ETH. This strategic move not only signifies their dominance in the market but also highlights the growing significance of NFTs in the digital art world.

The Collections: A Diverse Portfolio: The collections swept by FlamingoDAO are as diverse as they are prestigious, featuring works from renowned artists like Kim Asendorf, Maya Man, and Matt DesLauriers, among others. These collections vary in theme and style, showcasing everything from abstract digital art to intricate generative pieces. Notably, the purchase includes 15 pieces from “Cargo” by Kim Asendorf and 6 from “FAKE IT TILL YOU MAKE IT” by Maya Man, emphasizing FlamingoDAO’s taste for both established and emerging talents in the digital art space.

Strategic Implications for Investors and Artists: This massive acquisition is not just a display of wealth and power; it’s a strategic move that could have significant implications for both investors and artists in the NFT space. By choosing such a diverse range of collections, FlamingoDAO demonstrates its commitment to supporting a wide array of artistic expressions within the NFT community.

Impact on the NFT Market: FlamingoDAO’s bold action is a clear indicator of the growing maturity of the NFT market. Such a large-scale purchase by a single entity could potentially influence market trends, pricing, and the perception of digital art as a valuable investment. It also underscores the importance of NFTs as a legitimate form of art collection in the digital age.

A Call to Action for NFT Enthusiasts: This event is a significant moment for NFT enthusiasts and collectors. It highlights the importance of staying informed and utilizing such market movements to their advantage. FlamingoDAO’s decision to invest heavily in these collections could be a harbinger of future trends in the NFT space.

FlamingoDAO woke up and chose violence today. In a little over an hour, they swept 26 collections, totaling 448 ETH.

The full list is below. Use this info to your advantage

15x Cargo by Kim Asendorf
6x FAKE IT TILL YOU MAKE IT by Maya Man
3x Life In West America by Roope… pic.twitter.com/wP3P348d31

— Rodo (@0xRodo) November 30, 2023

FlamingoDAO’s Strategic NFT Acquisitions: Signaling a Thriving Market for 2023 and Beyond

FlamingoDAO: Pioneers in the NFT Investment Realm

Who is FlamingoDAO? FlamingoDAO is a decentralized autonomous organization (DAO) primarily focused on the NFT (Non-Fungible Token) market. Established with the vision to delve into the burgeoning world of NFTs, FlamingoDAO isn’t just about collecting digital art; it’s about harnessing the potential of blockchain-based assets. This includes a broad spectrum of digital collectibles, in-game assets, and other tangible digital properties. Their approach is rooted in the understanding that NFTs represent a new era of digital scarcity and authenticity, offering verifiable ownership of both digital and real-world assets.

TL;DR

FlamingoDAO, a key player in the NFT market, has made a monumental move by sweeping 26 collections in just over an hour, totaling 448 ETH. This diverse portfolio of digital art, featuring notable artists, marks a significant moment in the NFT world, emphasizing the importance of strategic investments and the growing recognition of NFTs as valuable art forms.

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The Genesis of “Views” – A Phenomenal NFT Art Project

DeltaSauce’s Triumph: The NFT space is constantly evolving, and DeltaSauce’s latest project, “Views,” is a testament to this dynamic world. Launched on November 30th, the project has already garnered overwhelming attention, trading over 160 ETH with a startling floor price over 1 ETH as of this writing, a nod to digital culture. DeltaSauce’s emotional expression of gratitude reflects the significant impact and reception of “Views” in the NFT community.

Happy to announce, that on November 30th, the Views Collection will be dropping on @braindrops_art! pic.twitter.com/WjahXQTMEF

— DeltaSauce (@delta_sauce) November 13, 2023

Exploring the Intricacies of “Views”: DeltaSauce’s innovative project is built on a foundation of three main traits: ‘Simpatico,’ ‘Divergent,’ and ‘Radical.’ These traits represent varying degrees of reality displacement, from slight anomalies to the fringes of time and space. This intricate classification system offers a diverse range of experiences, from near-realistic scenarios to the utterly abstract.

The Evolution of the Collection: The journey of “Views” spans over 10 months, a period during which DeltaSauce explored a plethora of ideas and witnessed the evolution of tools in the NFT space. This progression is reflected in the timeline of the collection, offering a unique narrative through its art pieces.

Inspirations from Pop Culture: DeltaSauce’s inspiration is deeply rooted in the films of their youth, such as “Terminator” and “Star Wars.” These cinematic experiences have shaped the artist’s vision, allowing them to create windows into other worlds and offer a form of escapism through their art.

Art as a Window to Other Worlds: At its core, “Views” is about drawing the observer into a different realm, providing a respite from reality. Each piece in the collection is not just art; it’s a story, a portal to another dimension, mirroring our role as spectators in the real world.

Collection Details: “Views” consists of 500 pieces, each were priced at 0.10 ETH. More information about this groundbreaking collection can be found on DeltaSauce’s website.

This morning deltasauce shared his joy with his collectors-

Seriously, words can not describe how I am feeling as an artist, I just want to say thank you from the bottom of my heart. – Deltasauce

As fans of his for a long time, we couldn’t be more elated for his success. Congratulations, you deserve this.

TL;DR

DeltaSauce’s NFT project “Views” has made a remarkable debut, trading over 160 ETH on its first day. It features three unique traits – ‘Simpatico,’ ‘Divergent,’ and ‘Radical’ – each offering a distinct perspective on reality. Inspired by classic films, the collection took 10 months to create and consists of 500 pieces, priced at 0.10 ETH each.

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In the dynamic world of non-fungible tokens (NFTs), recent decisions by prominent platforms Blur and OpenSea to remove royalties have sparked a contentious debate. While these changes have brought cheers from traders, they’ve also raised concerns about the long-term health of the NFT ecosystem. The crux of the argument is this: the removal of royalties, while seemingly an opportunity for traders, has inadvertently set the NFT ecosystem back by removing an essential source of liquidity for projects.

The Trader’s Windfall

From the trader’s perspective, the decision to eliminate royalties was a windfall. The removal of the customary 5% fee, among others, meant that they could flip JPEGs for a profit more easily, thereby increasing the appeal of the NFT market. However, this short-term gain for traders may lead to long-term losses for the NFT market as a whole.

The Royalty Lifeline and Its Impact

Royalties have played a pivotal role in supporting and fostering the development of NFT projects. These fees provided a steady stream of income that helped to fund continued innovation and maintain liquidity within these projects. With their removal, many projects that had their business models built around these royalties now face an uncertain future.

 Case Study: The Elementals Drop

A prime example of these challenges is the recent Elementals drop by Azuki. Many collectors expressed shock at the high mint price of 2 ETH in the dutch auction, a cost that was exacerbated by the absence of royalties. This event underscored the paradoxical behavior of collectors, who had celebrated the removal of fees but were unprepared for the subsequent increase in mint prices.

Azuki may have just fumbled their bag.

My uncensored thoughts on the Elementals mint.

(1/19) pic.twitter.com/IFZcVDdyAf

— Kermit (@crypto__kermit) June 26, 2023

The Ripples in the Artistic Realm

The effects of this change extend beyond project developers and traders, reaching into the realm of the artists themselves. While not as directly affected as project creators, artists still face the repercussions of a culture shift within the NFT community. The removal of royalties challenges the ethos of the NFT world, which has always prided itself on directly supporting creators.

The Road Ahead: Potential Outcomes and Solutions

Looking ahead, we can anticipate several potential outcomes. For one, projects may start to reserve a percentage of NFTs in their treasury. As the price of these tokens increases, the projects can then sell their reserved NFTs for profit, creating a new source of income to replace the lost royalties. However, this strategy is not without its own risks and challenges, and it remains to be seen how it will play out in the long run.

• Development of New Pricing Structures The removal of royalties could lead to the evolution of new pricing structures within the NFT market. For instance, artists and creators could start pricing their work higher to compensate for the lack of a recurring income stream. However, this could also result in a higher barrier to entry for new collectors and possibly reduce the overall trading activity.
• Implementation of Tiered Royalty Structures A possible solution could be the introduction of tiered royalty structures, where the royalty percentage varies based on the selling price of the NFT. This could ensure that creators continue to receive royalties, while not placing an excessive burden on traders dealing with lower value NFTs.
• Emergence of New Revenue Models In the absence of royalties, we might see the development of new revenue models for NFT creators. For instance, creators might start offering additional services or products related to their NFTs, such as physical goods, exclusive access to events or content, or even participation in the creative process itself.
• Platform-Specific Royalties Another solution could be for NFT platforms to introduce their own royalty systems, where a percentage of every sale on the platform is distributed among creators. This would need to be balanced carefully to ensure it doesn’t discourage trading activity, but it could offer a way to sustain creators in the absence of direct royalty payments.
• Increased Importance of Initial Sales Without royalties, the initial sale of an NFT becomes even more critical for creators. This could lead to more emphasis on launch events and marketing to maximize the revenue from the initial sale.
• Voluntary Tipping Mechanisms Platforms could introduce voluntary tipping mechanisms, where buyers have the option to give additional funds to the creator of an NFT. This could help foster a culture of direct support for artists and creators, while allowing traders to keep their margins intact.
• Increased Reliance on Third-Party Patronage Artists and creators might become more reliant on third-party patronage or sponsorships, potentially altering the dynamics of the NFT space and leading to a greater commercialization of the sector.

As we navigate this evolving landscape, it is crucial for the community, platform providers, and regulators to work together to address these issues. The health and vibrancy of the NFT ecosystem depend on finding a balance that caters to the interests of all stakeholders, from traders and collectors to artists and project creators. In conclusion, the decision by Blur and OpenSea to remove royalties, while initially hailed as a boon by traders, has had a more complex and far-reaching impact on the NFT ecosystem. It serves as a stark reminder that in the rapidly evolving world of NFTs, short-term gains can sometimes come with long-term costs. As we move forward, the challenge will be to learn from these experiences and work together to create a more sustainable and equitable NFT market.

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Bitcoin has just made a significant stride in the world of non-fungible tokens (NFTs) with the introduction of the BRC-721E token standard. This new development, created by Ordinals.market and Xverse Bitcoin Wallet, is set to revolutionize the NFT landscape and further establish Bitcoin’s presence in the market. Let’s explore what this means for the world of NFTs and how it simplifies the process for NFT collectors to migrate to the Bitcoin network.

The BRC-721E Token Standard

The BRC-721E token standard is a groundbreaking protocol that enables Ethereum-based ERC-721 projects to seamlessly transition to the Bitcoin network. The process involves sending the ERC-721 token to a burn address, followed by inscribing the NFT onto the Bitcoin network. Once the bridging is complete, the NFT and its corresponding metadata become visible on the ordinals.market website.

Simplifying NFT Migration to Bitcoin

Previously, migrating NFTs to Bitcoin posed challenges for collectors due to the steep learning curve involved. However, with the BRC-721E token standard, this process has been greatly simplified. Users can now effortlessly transfer their digital assets from Ethereum to Bitcoin, opening up new opportunities for NFT collectors.

Popularity of Ordinals and the Bitcoin NFT Market

Bitcoin NFTs, particularly Ordinals, have gained significant popularity within the NFT community. Since its introduction in January 2023, over 10 million Ordinals have been inscribed. Such high volume transactions initially strained the Bitcoin network, causing congestion and delays in processing transactions. At one point, over 500,000 transactions were left pending confirmation, leading to speculation about a potential network attack.

While the weekly inscriptions have witnessed an 83% decline in recent weeks compared to the first half of May, the introduction of the BRC-721E token standard is expected to reinvigorate the Bitcoin NFT market. As the onboarding process becomes easier and more streamlined, it is likely that more collectors will be enticed to explore Bitcoin NFTs. Projects like Taproot Wizards are already emerging as early favorites among Bitcoin NFT enthusiasts.

With the advent of the BRC-721E token standard, Bitcoin NFTs have taken a major leap forward. This development not only facilitates the migration of ERC-721 projects to the Bitcoin network but also signifies Bitcoin’s growing presence in the NFT market. As the process becomes more user-friendly, we can expect an influx of collectors embracing Bitcoin NFTs, driving innovation and growth in this exciting space.

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Discover the Power of Ninjalerts v3 – The Game-Changing Release That Lets You Trade NFTs Like a Pro

Brace yourselves, NFT traders and enthusiasts! Ninjalerts, the revolutionary app that monitors the trading activities of top influencers and traders in the Ethereum world, has just unleashed its most significant software update to date – Ninjalerts v3. Prepare to be blown away by its multiple feeds and enhanced alert management features!

This cutting-edge version takes NFT trading to a whole new level by providing users with comprehensive Profit & Loss (P&L) statements for each tracked wallet. Not only that, but it also highlights the top 1,000 profitable wallets on a weekly, monthly, and quarterly basis. Get ready to explore the hold time and profits generated from individual sales like never before!

Remember when Ninjalerts went viral on Twitter during the Art Gobblers controversy in November 2022? That was just the beginning of this app’s incredible journey. Initially conceived as a weekend project in October 2021, Ninjalerts was brought to life by the visionary co-founders Trevor Owens, Max Savin, and Sihoon Kim. Driven by their shared passion for Web3 market use cases and blockchain insights, they created a groundbreaking mobile and web application that delivers real-time push notifications whenever a tracked wallet engages in activities such as buying, minting, or selling NFTs.

“NFT trading can be confusing and overwhelming, with traders often falling prey to scams or missing out on significant market developments. Ninjalerts v3 simplifies NFT trading and empowers users to stay informed about the market,” said Trevor Owens, CEO and co-founder of Ninjalerts.

While Ninjalerts secured a $150,000 venture capital funding from Artesian and SOSV, the majority of its financial support stems from internal revenue and the unwavering belief of its founders. This dedication to their vision is further reflected in the impressive growth the app has experienced. Within just 30 days, Ninjalerts fostered a vibrant Discord community of 60,000 users. Since its inception, it has sent over 23.5 million alerts to more than 12,900 connected devices, boasting a remarkable monthly retention rate of over 90 percent.

The app’s smart algorithm meticulously analyzes Ethereum blockchain wallets to identify the most profitable NFT traders. To ensure safety and transparency, Ninjalerts v3 incorporates a built-in ‘wash trading’ detection feature that utilizes popular algorithms and manual inspection. Say goodbye to uncertainties and trade with confidence!

The app’s directory showcases wallets belonging to esteemed social media influencers, including the likes of Steve Aoki, Paris Hilton, Mark Cuban, Jay-Z, Ashton Kutcher, Justin Bieber, Jimmy Fallon, and many more. Additionally, it highlights the most influential figures in the NFT market, such as Pranksy, Gmoney, Dingaling, Zeneca, kmoney, Farokh, and the list goes on!

Apart from its groundbreaking features, Ninjalerts also presents a consolidated platform that allows users to effortlessly track multiple wallets without the hassle of navigating through various tabs and screens. Moreover, real-time automatic alerts keep traders informed about every transaction, enabling them to promptly respond to market volatility and seize opportunities.

As Trevor Owens states, “Beyond the Ninjalerts app, we foster a thriving alpha community on Discord and provide educational content for new traders through our Youtube and Twitter Spaces.

*Disclosure: Members of the NFTCulture staff have advised the Ninjalerts team.

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Bitcoin Frogs Makes a Splash in the NFT Market, Surpassing $2.2 Million in 24-Hour Trading Volume

In the ever-evolving world of non-fungible tokens (NFTs), a newcomer has swiftly emerged and captured the attention of both seasoned collectors and novices alike. Bitcoin Frogs, a recently launched collection of 10,000 unique frog-themed NFTs, made its debut on the Bitcoin Ordinals platform in late February. Since then, it has generated a remarkable trading volume of over $2.2 million within a mere 24 hours, signaling its rapid rise to prominence in the NFT market.

“One fine day I woke up and wanted to put 10,000 frogs on the Bitcoin blockchain at all costs.” — Frogtoshi Nakamoto

The Growing Trend

Bitcoin Frogs‘ meteoric ascent sheds light on the increasing demand for NFTs minted on the Bitcoin blockchain. Although Ethereum still dominates the NFT landscape, Bitcoin’s influence is on the rise. In the past seven days alone, Bitcoin Frogs has surpassed Solana by over $30 million in trading volume, demonstrating its potential to disrupt the status quo.

Impressive Statistics

The numbers behind Bitcoin Frogs are truly staggering. Over the past week, the collection has achieved a trading volume of 139 BTC ($3,782,300), with each NFT having a current floor price of 0.115 BTC ($3,129). These figures underscore the immense value placed on these “cryptographic amphibians” and their growing popularity in the digital art market.

Surpassing Established NFTs

Bitcoin Frogs has quickly garnered attention by outperforming established NFT collections, including the renowned Bored Apes. While currently occupying the second spot, having been overtaken by Space Pepes, Bitcoin Frogs’ potential for continued success is undeniable. The collection’s 10,000 frog-inspired digital collectibles have already amassed a total sales volume of $7,530,033.19 (278.2482 BTC) in May alone.

The Market Dynamics

Although the average sale price for a Bitcoin Frogs NFT hovers around $3,000 (0.12 BTC), recent transactions reveal a significant market potential. Just within the last 24 hours, the highest sale reached an astonishing $38,500. Despite these seemingly high prices, the ongoing trading volume suggests that Bitcoin Frogs retain their allure. With 2,815 individual owners since their debut, market participants, ranging from newcomers to experienced traders, are willing to pay transaction fees ranging from $50 to a staggering $1,200 to be part of this exciting trend.

Powered by deezy.io: Bitcoin Frogs owes its success to the powerful infrastructure provided by deezy.io. As advocates for the potential of Bitcoin, the platform serves businesses, node runners, creators, and collectors alike. With lightning-powered apps and products, deezy.io facilitates seamless integration between on-chain and lightning networks, offering increased payment reliability through their well-connected nodes.

Bitcoin Frog #6821 sold for 0.1 BTC ($2686.32) on Magic Eden https://t.co/szXUYJm6NB pic.twitter.com/jgzIfkEVBP

— Bitcoin Frogs Sales Bot (@BTCFrogsBot) May 22, 2023

In addition to the Bitcoin Frogs collection, Software for the Bitcoin Future supports artists in launching their own NFTs on the Bitcoin network. Through inscription services, creators can design, inscribe, launch, and sell their own unique collections. The platform’s dedication to empowering artists and collectors contributes to the vibrant ecosystem surrounding Bitcoin NFTs.

Bitcoin Frogs’ rapid ascent in the NFT market highlights the growing influence of Bitcoin-based NFTs. With its impressive trading volume, surpassing $2.2 million in just 24 hours, this collection has proven its ability to captivate the market. As the NFT landscape continues to evolve, Bitcoin Frogs and other innovative projects demonstrate the expanding opportunities for artists, collectors, and enthusiasts in the world of blockchain-based art.

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Assassin’s Creed fans will soon have the opportunity to own limited edition NFTs based on the popular game, thanks to a collaboration between video game giant Ubisoft and Reality Labs. The NFT collection will be hosted on the Polygon blockchain, marking Ubisoft’s foray into the Web3 space. Let’s delve into the details of the highly anticipated Assassin’s Creed NFTs.

The Assassin’s Creed NFT Experience

Starting today, collectors can acquire “Assassin’s Creed Smart Collectibles,” physical items featuring game characters enclosed in transparent cubes. However, these collectibles offer more than meets the eye. They possess “digital souls” and are accompanied by matching NFTs.

Using the cutting-edge technology developed by Reality Labs, owners of the NFTs can customize their collectibles by choosing weapons, outfits, and stances. Once they have perfected their desired aesthetic, they can order a 3D-printed version of their NFTs, beautifully showcased within a clear cube.

What Sets Assassin’s Creed NFTs Apart: The cubes housing the NFTs will also incorporate NFC chips, enabling owners to tap their smartphones on the cube and witness a digital version of their character through a companion app. This immersive experience offers additional features and utilities related to the Assassin’s Creed universe.

Furthermore, the NFTs will feature varying rarity levels, granting holders of higher-tier NFTs a broader range of customization options. Additionally, lucky minters of rare NFTs will have the opportunity to sell their Assassin’s Creed NFTs on secondary markets like OpenSea.

2/ . . . IRL Smart Collectibles are unique collectibles consisting of physical and digital components. The physical component is a 3D-printed cube, authenticated by Authentic Vision and NFC tags, which is tied to the same address as the digital collectible.

— Assassin's Creed Smart Collectibles (@ACSmartCollect) May 11, 2023

Ubisoft’s Web3 Journey

Ubisoft’s venture into Web3 with Assassin’s Creed NFTs is part of a larger trend where brands leverage NFT technology to engage with consumers in innovative ways. The game publisher has previously explored the NFT realm, introducing in-game NFT items for Tom Clancy’s Ghost Recon Breakpoint and launching the NFT-powered soccer game spinoff, One Shot League.

With its track record of smash hits and groundbreaking gameplay, Ubisoft’s adoption of NFT technology positions the company as a prominent player in the gaming industry’s transition to Web3 and beyond.

Ubisoft’s partnership with Reality Labs brings forth an exciting fusion of physical and digital collectibles through the Assassin’s Creed NFTs. Fans can now own unique NFTs that unlock a world of customization options and digital experiences. As the gaming industry embraces Web3, Ubisoft’s integration of NFTs showcases its commitment to innovation and its determination to remain at the forefront of gaming for years to come.

Game Studios Still Cautious

Additionally, it’s worth noting that while Ubisoft is embracing NFTs, many game studios remain cautious about the potential backlash and repercussions associated with this emerging technology. The concept of transferring ownership of in-game assets to users and disrupting the traditional closed system model raises concerns within the gaming community. However, despite these reservations, other major players in the industry, such as Square Enix, are also actively exploring the integration of NFTs into their games. As the landscape continues to evolve, it will be interesting to see how different studios navigate the delicate balance between leveraging NFTs for innovation and addressing the concerns of their player base.

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We are definitely in a bear when you think about the current state of the market and the capitulation that has occurred across the majority of in that teas and cryptocurrencies it’s easy to get discouraged. On a macro scale it’s impossible to predict what’s going to happen and that’s why we try to avoid offering any long-term advice and provide disclaimers whenever possible but the nft market in particular has gone through a very similar cycle last April and May starting with Nifty Gateway and then the pull back with crypto as we entered the summer months of 2021.

 This is good and bad as many projects are getting absolutely nuked. We’ve talked about this in the past and our belief that even a well intentioned project can’t maintain momentum over a Period of time they are likely to fail. Unfortunately we collectors are incredibly fickle and the current state of the end of teamwork revolves around quick flipping, bag pumping and getting in and out of projects as quickly as possible. This current decline was inevitable and expected but it still hurts for a lot of project owners and collectors alike. We expect the frustrations of the community to continue to turn more toxic over the short-term and the wagm I mentality is definitely going away for the short-term.

All is not lost… there is still a lot of positive momentum in the market if you look at the entirety of the NFC market last May end of the daily volume of Open Sea we have already flown way past that. we have always recommended only buying and supporting projects you love, have utility and enjoy the art even if the project were to go to 0. Right now is a tremendous opportunity to find those great projects. Many of the top projects in the space are experiencing significant pullback anywhere from 25 to 75% which means that if these projects are successful there are definite opportunities for massive upside.  If you combine this with the massive pull back ETH is currently experiencing, the value on certain projects is better than ever. 

The biggest red flag that seems to be drawing the ire of the community is Azuki.  it was revealed that the project leader has three previous and IT projects that were sudo rug pulls for the community. at one point azuki  fell all the way to 10 aetherium. It has bounced back 2/16 but unless the roadmap can deliver on some massive utility this appears to be a pretty high risk entry point. 

The other side land is also the big loser with the floor down to 3 eta o seth and a 70% decline Over the last seven days. Bay see is down almost 50% And other projects continued to fall fast. Interestingly,  doodles and moon Birds appear to be weathering the storm fairly well.

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