NFT Market News Roundup: Week of November 15 to November 25, 2021 . NFT Google Searches hits all-time high, Macy’s parade goes to an NFT friend. And Xbox‘s Phil Spencer shares his thoughts on NFT … It’s been another exciting week of NFT market news.
With Thanksgiving coming up in the coming weeks, the Macy’s Thanksgiving Parade has become a major annual celebration of the holiday. This year, however, Macy’s is getting a little extra flavor. The iconic Thanksgiving Day Parade Balloons will be released as part of a series of 9,510 NFT sets for everyone to use for free during the holiday season. This year marks the 95th annual edition of the parade. The proceeds will go to the Make-A-Wish Foundation and will be made available on the Sweet marketplace.
Microsoft’s gaming CEO Phil Spencer met with the folks at Axios last week to share his skepticism about NFT in games. Spencer said “I think there is a lot of speculation and experimentation and some of the ads I see today are more of a sense of exploitation than entertainment.”
Topps launches the NFT of ‘Mars Attacks’, powered by Curio. The iconic original trading cards came on the market in the 1960s. Future tickets will also be released in print next February, with pre-orders on the website already sold out.
Is it true NFT winter? New projects pop up almost every day, established projects continue to gain and the demand for NFT is growing, not just for the fine arts. As of this week, NFT overtook Dogecoin – and hit a record high for the fourth time this year after CoinGecko announced an upcoming NFT conference.
Probably the biggest focus at NFT is the sense of community. This week, the NFT community around Tezos regrouped and displayed correctly after the blockchain’s largest NFT exchange, HEN, abruptly closed.
HEN is the fourth largest NFT marketplace and the largest existing Tezos Dapp. After the collapse of HEN, community members teamed up to take over the platform’s smart contract. The group is working to set up a DAO of the “new HEN”.
Earlier this month we covered the story of legendary director and writer Quentin Tarantino, who partnered with The Secret Network to release never-before-seen footage of Pulp Fiction as NFTs. Since then, the plot has taken a bit of a twist.
This week, Hollywood film production and distribution company Miramax is suing Tarantino over NFTs. The Miramax lawsuit states that any sale of content as an NFT is only authorized and controlled by Miramax. The representative from Tarantino replied that Tarantino had all his rights. Provided the lawsuit continues, it will be the best-known NFT lawsuit to date and it will be interesting to see decisions that may affect the future distribution of NFTs.
Are you looking for a file over 15TB with tons of NFTs based on Ethereum and Solana? We’d be surprised if you answered yes to this question. It appears to have survived, however, thanks to the help of an Australian artist and programmer who founded “The NFT Bay,” which mimics the historic torrent site The Pirate Bay.
The site offers a whole new level of “right click, save as” memes that have become a staple in the NFT community.
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