<aside> ☎️ Record Prices The State of the Market Crypto Art Project Updates
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The bear market? What bear market…
Tyler Hobbs sold out his new QQL collection of 900 works priced at 14ETH after a Dutch auction mechanism. Be careful about all the scams on Twitter around this sale. It has been sold, there are no “v2” versions, etc.
Fidenza Creator Tyler Hobbs Raises $16.75M on QQL NFT Drop
In ETH, the 3,300 ETH sale price is the 4th largest of all time for Cryptopunks (but not when measured in equivalent USD).
Someone Just Paid $4.5M for a CryptoPunks Ethereum NFT Despite Bear Market - Decrypt
And if you think this is not speculation, look at the sale and leverage mechanism used in this sale:
Mysterious Collector Leverages Mutant Ape NFTs to Buy a Third in $1.3M Deal - The Defiant
Beyond the previous record glitches…
Listen to Sebastien Borget, founder of the metaverse THE SANDBOX, talk about where we go from here.
Metaverse faithful see the future after the fall
A well-researched article looking back at the ways the art market and collectors have taken NFTs into consideration since the Beeple sale: