Posts tagged with "Ethereum"

How to start selling NFTs online

NFTs have, without a doubt, taken the world by storm in the last year (2021), with people around the globe spending millions of pounds to purchase them. There were also those who started producing their very-own NFTs to sell. You can use a free ecommerce website to sell your NFTs and begin to build up a loyal following. These free eComm sites will come with specialised built-in tools that can help you organise your NFT sales effortlessly. The code is done for you, you can plug in social media, and much more.

NFTs – what exactly are they?

NFTs are non-fungible tokens which are non-interchangeable, basically meaning that they are unique and can not be replaced with something else of its kind.

An NFT is a unit of data, stored on a blockchain, and can come in a number of different formats, including digital files such as artwork (drawings, paintings etc.), photos, videos, audio files, and even memes, which are usually humorous pieces of content that are popular amongst large audiences.

These non-fungible tokens come with a certificate of authenticity, or proof of ownership,  which is provided through the use of a digital ledger. This is what makes NFTs unique – and one of a kind.

How do you start selling NFTs? – where to begin

If you are looking to get into the selling of NFTs and not quite sure where to start, here is a brief guide to the steps that you should take.

Step one – Set yourself up with a digital wallet

The first thing that you should look to do is set yourself up with your own digital wallet.

So, what is an NFT wallet?

Basically, an NFT wallet is an online digital wallet that allows you to store your NFTs, as well as cryptocurrencies, all in one place.

What is the best NFT wallet?

Each NFT wallet offers something a little different, and so it is important that you decide upon the wallet which best suits your NFT needs and requirements.

Here is a list of some of the most-popular digital wallets that are being used by those who buy and sell NFTs, including a brief explanation on the specifics of each one:

  • Metamask – known to be one of the best Ethereum-based NFTs
  • Trust Wallet – a great choice for those looking to collect Cross-Chain NFTs
  • Math Wallet – an excellent multi-stage choice, enabling you to buy and sell NFTs from multiple platforms
  • Enjin Wallet – the best choice for those looking to store ERC-1155 tokens
  •  Coinbase – a world-renowned name with a simplistic, yet successful, interface
  • Kukai – an open-source NFT wallet, and a great choice for those new to the world of NFTs

Step two – Choose a marketplace to sell your NFT on

There are a lot of websites out there offering you the opportunity to open a digital wallet, and the same goes for NFT marketplaces – for those looking to sell NFTs, there are many options to choose from.

Here is a list of some of the more popular NFT marketplaces: 

  • OpenSea – the current leading marketplace for NFT sales
  • SuperRare – an excellent choice for those looking to sell art, videos, as well as 3D images
  • Rarible – allows users to sell NFTs in the form of collectibles, art, videos and music
  • Foundation – a marketplace that has sold more than $100 million of NFTs

The above list represents just a few of the marketplaces that are available in the world of NFTs.

It is important that you study each one to ensure that it offers what you need, and suits your NFT storage needs and requirements, whether your NFT comes in the form of a particular collectible, digital asset, or a piece of art.

And with more and more marketplaces looking to establish themselves in the world of NFTs (including one of the world’s largest e-commerce websites, eBay), there is certainly a plethora of choices for those wanting to sell their very-own NFT.

Step three – Connect your digital wallet to your chosen marketplace

First of all, you should make sure that the NFT marketplace that you have chosen to use for selling NFTs accepts your digital wallet.

If the marketplace is compatible with your digital wallet of choice, then the next step of connecting both should be pretty straightforward.

It is highly likely that connecting your digital wallet to an NFT marketplace website is going to be reasonably simple, as most of the marketplaces have a clearly visible button or link to click on and start this process.

Once you have completed this step and successfully connected your digital wallet and the marketplace you are going to use, you are ready to start selling your NFTs.

Step four – Creating – and uploading – your NFT

This step involves the creation of your NFT, which will require you to format and upload it to your chosen marketplace.

Most NFT marketplaces are likely to have a ‘create’ button on their site, which allows users to begin the creation of your NFT, and this will usually be a step-by-step process with clear instructions.

Step five – Setting up a listing to sell your NFT

By this point you should have your NFT uploaded to your marketplace, so now be ready to advertise it to potential buyers.

When listing your NFT for sale, you will need to consider whether to sell it at a fixed price, or to opt for a timed auction, which will allow for potential buyers to bid on it during a set timeframe.

You will also be required to give your NFT listing a title, an external link (which could be to a specific website or social media profile), as well as provide a brief description of your NFT.

Here are some of the other things that you are likely to be asked to upload or enter information for:

  • a preview image – which will be the ‘thumbnail’ for your NFT listing
  • unlockable content – this acts as an extra incentive to potential buyers, and could be in the form of a discount code for a future purchase or simply a message to say ‘thank you’ to the buyer for their purchase of your NFT
  • advanced settings – this section will allow you to add optional further details (properties) to your NFT listing, for example, an alternative description for your NFT listing

Once all of the above has been entered and you are happy that the information is correct and in order, you are now ready to hit that all-important ‘create’ button.

It is then time to sit back, relax and wait for your very first NFT sale.

photo at Aku World by Rowben Lantion for use by 360 Magazine

AKU WORLD DEBUTS IN MIAMI

Miami is Aku’s first introduction to the physical world and brings friends and collaborators spanning from leaders in cryptocurrency, NFT creators, art curators and collectors, fashion and streetwear icons, A-list musicians, and Hollywood execs together in one space to explore NFTs from a range of perspectives with real world conversations that bridge the gap between crypto and mainstream culture. 

Conceived by Micah Johnson in February 2021, Aku has since become the first NFT to be optioned for film and television projects and is the first NFT to travel to space. Aku is a conduit to empower the next generation of explorers and dreamers. The visually-stunning, multilayered event showcases the otherworldly dimension of Aku and allows guests to step out of reality and into the metaverse through carefully curated exhibits that blur the lines between NFT technology and IRL experiences:

  • Unique NFTs: Through a partnership with leading cryptocurrency exchange FTX US, attendees will be able to sign up for their own crypto wallet, collect NFTs throughout the space via hidden QR codes, and purchase digital artworks by legendary 3D artist, Raf Grassetti, as well as unique Aku digital works
  • FTX Minting Room: Top-tier ticket holders will have exclusive access to the Minting Room presented by FTX US, where they can create their own 4D-scanned avatar that lives within the Aku universe and mint them into NFTs, which they can later trade, sell or display in their digital wallets.
  • Aku’s Merch Room: Attendees can shop on-site via the Merch Room, which will host three days of exclusive merch collaborations with VIP guest collaborators Pusha-T, Jérôme LaMaar and Aleali May, with each day dedicated to a single limited time, limited edition collection, available for pre-order at the event and online. PORTL, the holoportation and NFT hologram showcase leader, will present the merchandise in four epic hologram units.
  • Aku’s Collection: Aku’s Collection, curated by Art Angels, will tell more of Aku’s story through an art installation for guests to explore and interact with. A special curation of young Black artists including Jade Yasmeen, Asiko, Floyd Strickland, and Solomon Omogboye will be exhibited alongside two new original paintings by Micah Johnson, as well as three screen prints by Jean-Michel Basquiat. Guests will have the opportunity to view and purchase original artworks on-site.
  • Aku’s Helmet: Conceptualized by renowned creative and experiential studio MATTE Projects, the 30,000 square foot space will house a futuristic lifesize art installation of Aku’s Helmet, where guests can experience three otherworldly dimensions of Aku.
  • Blue Room: The Blue Room will host daily panel sessions and conversations led by leaders in art, fashion, music and crypto.

AKU WORLD | DAYTIME PROGRAMMING SCHEDULE

Open daily from 12-7 PM

Wynwood Arts 29 |  95 NW 29th St. Miami, FL 33127

FRIDAY, DECEMBER 3rd

1:00 PM | Traditional Art and Web 3                                                                                              

Micah Johnson and experts from renowned art galleries and institutions will address the opportunities and challenges surrounding Web 3 and the art world.

Moderator: Micah Johnson (Creator of Aku)

Panelists: Ronnie K. Pirovino (Art collector, Curator and Appraiser), Sophia Cohen (Sales Associate and Artist Liaison, Gagosian)

3:00 PM | Designer Talk                                                                                    

Micah Johnson and Summer Watson will be joined by exclusive Aku World: Miami merch collaborators to talk about all things designer, creativity, streetwear, drop culture and more.

Moderators: Micah Johnson (Creator of Aku) and Summer Watson (President, Vol. 1; Exec Producer, Aku World: Miami) 

Panelists: Pusha-T (Musician), Aleali May (Style Consultant, Model and Designer), Jérôme LaMaar (Creative Director, Designer and Stylist)

4:00 PM | Music and NFTs                                                                                

Summer Watson will be joined by artists and industry execs to discuss NFTs, crypto and the music industry. 

Moderator: Summer Watson (President, Vol. 1; Exec Producer, Aku World: Miami)

Panelists: Mike Spitz (Founder & CEO, Vol. 1), Haleek Maul (Musician), Hugo Renaudin (Co-Founder and CEO of P00LS), SassyBlack (Musical Artist), Latashá Alcindor (Artist Community Lead, ZORA)

SATURDAY, DECEMBER 4th

1:00 PM | Future of Media: Web 3                                                                                  

Clint Kisker will be joined by leading film and media executives to discuss the opportunities in web 3.

Moderator: Clint Kisker (Co-Founder, Madison Wells Media)

Panelists: Kiri Hart (Film Executive, Writer and Producer), Logan Coles (Writer, Producer and Director), Stephen Feder (Film and TV Producer)

3:00 PM | Fireside Chat                                                                     

One-on-one conversation between Micah Johnson (Creator of Aku) and Roham Gharegozlou (CEO, Dapper Labs)

4:00 PM | ‘The Wolf of All Streets’ Podcast                                                                                   

Scott Melker, aka the Wolf of All Streets, will speak with prolific leaders from the worlds of crypto, trading, finance, music, art, and more.

Moderator: Scott Melker (Host of The Wolf of All Streets Podcast)

Panelists: Special guests to be announced

Credit Cards illustration by Samantha Miduri for use by 360 Magazine

Ghostface Killah Releases NFT

Miami Art Week VIP event will feature WuTang Founder’s 1lb Gold Eagle Bracelet Now Melted into a Solid Gold Coin, Backed by NFT Video

Veteran Art Dealer Avery Andon, has launched a highly curated Art NFT platform and marketplace, ArtGrails. In an epic hip-hop power move, Andon, an artist manager and lifelong advisor to some of Hollywood’s most elite celebrities & art-collectors, has paired hip-hop legend and WuTang Clan founding member, Ghostface Killah, with world-renowned jeweler, Jason Arasheben, aka Jason of Beverly Hills

The two have melted down Ghostface Killah’s “Golden Eagle Bracelet,” an iconic piece of hip-hop history, turning the one pound 24k solid gold bracelet into a giant one pound gold coin, minted as an NFT. The original was created by jeweler to the stars, Jason Arasheben, better known as Jason of Beverly Hills, whose clients include LeBron James, Drake, Sean “Diddy” Combs, Mariah Carey, J-Lo, and more. 

On November 30th, the coin and an NFT video of the bracelet being melted and minted, is available as one exclusive set (ultimately available to only one buyer) via auction on the ArtGrails platform. To kick off the launch of the platform and the beginning of Art Basel 2021, ArtGrails hosted an invite-only VIP viewing event, art show, and kick-off party on November 30th in the design district of Miami. No part of the exclusive ‘minting event’ video will be posted online by ArtGrails, leaving the auction winner the power to decide if the ultra-exclusive NFT-backed video becomes available for public viewing elsewhere.  

Ghostface Killah’s solid 24k Gold Eagle Bracelet is an emblem of hip-hop history, and now, in a display that is quintessentially ‘2021’, someone other than Ghostface will be able to own the iconic WuTang member’s bling –– only in the form of a one-of-a-kind gold coin created from the melted bracelet. The coin comes with an NFT video featuring Ghostface and Jason of Beverly Hills melting the eagle bracelet and transforming it into the 1lb coin. 

Arasheben has pushed the boundaries with an immutable impact on hip-hop history by eliminating one iconic piece and creating another. For the first time, his creation combines the tangible and digital world. Together, Ghostface Killah and Arasheben have taken performance art, the entire concept of ‘collectible jewelry’ and non-fungible token and smashed all barriers and preconceptions to create the one-of-a-kind set. The lucky auction winner will have the opportunity to work with Arasheben to further customize the coin in case a necklace chain or other custom mount is desired. 

Avery Andon, the founder of ArtGrails, had the idea to pair Ghostface Killah with Jason of Beverly Hills for this legendary piece. He is the lead curator on the majority of the platform’s upcoming NFT drops, which feature equally compelling artists, celebrities, and collectibles. The ArtGrails’ ArtBasel event is a culmination of months of hard work by Andon, not only with the Ghostface project but also because he has had a large hand in creating and developing the technology behind ArtGrails.

“This auction features some of the most monumental custom NFTs ever created, which required a platform that provides a truly custom experience for delivering high-end art,” said Avery Andon, Founder and CEO of ArtGrails. “With NFTs en route to becoming an industry standard, ArtGrails pushes the industry forward, demonstrating that the future of fine art and collectibles goes beyond paper certificates of authenticity; therefore raising the standard for art buyers, owners, and dealers.” 

The ArtBasel Miami kickoff party and VIP event on Friday, December 3rd represents a large milestone for ArtGrails. The pieces on display at the ArtBasel event will all be tangible wall pieces. The physical art will only be sold along with its accompanying NFT. It can not be resold or bought without the NFT, immutably tying the real world artwork to the blockchain ledger.

The singular 1:1 set made up of the Ghostface Killah Gold Coin and the NFT Video of the melting eagle bracelet will open for auction on ArtGrails beginning at 5:00PM EST on November 30th and will run until 5pm EST on December 5th. The coin and video will be on display in Miami for the duration of the time. The ArtGrails launch event will also showcase a pair of NFT 3D Illustrations that will be minted in limited numbers beginning on Monday, December 6th on the ArtGrails platform. 

In addition to the Ghostface Killah NFTs and Coin, the event will feature other renowned NFT and contemporary artists including Cory Van Lew, Matt Gondek, Javier Martin, and Anthony James. 

To learn more about ArtGrails and to participate in the online NFT auctions, please visit the ArtGrails website at ArtGrails.

About ArtGrails

ArtGrails is an NFT technology platform that aims to lead the market in high end, exclusive, luxury collectibles sold as NFTs.  The high-touch, exclusive NFT platform has a hands-on approach to curating and selling contemporary art and believes in a future where every piece of art is tied to a unique NFT identifier, immutably tied to a blockchain.

Nightclub Gif by Reb Czukoski for use by 360 Magazine

MERGING VERSES NFT

The future of fashion is the merging of two verses, the virtual world (metaverse) and the physical world. We explore this through the unity of traditional photography and animation—where humans and AI co-exist.

The NFT world is something that is growing and still confusing for many people not directly involved in the producing and purchasing of these new age art pieces. 360 MAGAZINE was able to interview several people directly involved in the production side of NFTs, including producer and model Bee Davies and photographer Jacques Burga.

Interview with Bee Davies

  • What made you become interested in NFTs?

I became interested in NFTs when I started doing virtual production and realized that there was no marketplace for digital art. More than that, there was no fan base. We know famous photographers and people who collect their photographsbut there’s not the same kind of hype surrounding animators. An NFT marketplace not only legitimizes their work, but provides a platform that opens up the door for a whole new kind of collector.

  • How do you respond to people suggesting NFTs are overly expensive and pointless?

Couldn’t you say that about all collectibles? Digital art, like any art, is meant to be enjoyed; the NFT marketplaces and wallets allow you to do that much more easily.

  • What is your favorite NFT?

The one I produced with Jacques for 360, because it exemplifies the merging of the real world and the metaverse.

  • Was it odd to see yourself become an NFT?

Not at all. Since the dawn of social media we have all had virtual versions of ourselves, this is just an overt way of expressing it.

  • What are your biggest artistic inspirations?

I would like to create and produce a completely virtual fashion show for the industry’s top fashion houses (this means AI talent, virtual runways, and digital clothing/accessories…as well as an audience attending in VR). And of course, mint every bit of the digital experience so it can be enjoyed in the metaverse for eternity.

  • What are some upcoming projects you’re looking forward to?

I have a bunch of NFTs that will be dropping soon that I’ve collaborated on with different animatorssome of which feature the actors from the SciFi TV Pilot I created.

Interview w/ Jacques Burga

  • What made you become interested in NFTs?

It’s a whole new way of making business. I enjoy pushing boundaries when it comes to projects related to my field. It also makes me feel there’s always a next step to follow and to explore disciplines that I wasn’t precisely an expert in.

  • How do you respond to people suggesting NFTs are overly expensive and pointless?

To keep the mind open to new ways of mixing technology and creativity may be good advice.

  • What are your inspirations as a photographer?

I am inspired by People and Beauty

  • Why did you decide to blend photographic elements with virtual ones?

Our world has become very virtual. Photography gets elevated when it’s blend with other disciplines such as Art or Technology (virtuality.)

  • What is your relationship with digital artwork?

I’m working on digital projects related to Fashion and NFT. My relationship is continuously growing.

  • When did you become interested in photography?

When I left an internship at a high profile magazine in Paris and decided to become independent and nurture my desire to create fashion.

  • What, in your opinion, is your best piece of artwork/photography?

I cherish every project since it is composed of pieces that create a nice puzzle for me.

  • What projects can we expect to see from you in the future?

I will always want to explore and collaborate with new technologies and artists that share my vision of fashion and people.

NFTs available on OpenSea.

MEET THE TEAM

Media Partner: 360 MAGAZINE

Studio: Daylight Studio

Producer: Bee Davies / Hive Global Media

Photographer: Jacques Burga

Make-up Artist: Sarah Tweedy

Hair Stylist: Christine McManemi

Wardrobe Stylist: Yash Joshi

NFT Marketplace: Opensea

Digital Designer: Edward Harber

Model: Bee Davies 

Animator: Vizzee

Virtual Model Creator: Vizzee

Metaverse Creators: Vizzee / Mercedes Luna Larrahona / Zoë Jane Bernet

PA: Stefanie Murza / Aleko Syntelis

nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
nft image for use by 360 magazine
Cryptocurrency illustration by Heather Skovlund for use by 360 Magazine

Native Tokens on Nimbus: The Ecosystem × The Future

Nimbus is a blockchain platform that specializes in DeFi solutions for any potential needs a prospective user may have. Whether it is through dApps, staking in Crypto, or via lending and borrowing, Nimbus is the go-to platform when it comes to taking advantage of the DeFi market, and a major factor of its continuing success comes from its native tokens, NBU, and GNBU. With a third stablecoin in the works, Nimbus’ innovation continues to impress its community and grow along with the DeFi market.

Starting with the basics, there is the NBU token that serves as the lifeblood of the platform. NBU can be used to pay off debts, fees, swaps etc and is the standard for all transactions. Users can swap existing tokens from Binance or Ethereum blockchains or they can apply for a loan from Nimbus itself. Nimbus makes it easy for a first-time user to get a loan for tokens or just pay out of pocket for them. This flexibility from the start lets the user experience every step at their own pace.

NBU is the basic utility token and will be the one that most users will find most comfortable. NBU is often used for swapping or staking due to the ease of use it offers to jump into the sixteen different revenue streams Nimbus offers. Founded with the idea of being a flexible platform, Nimbus created the NBU to reflect that flexibility. A user can choose what they do with their tokens, like entering it into a chosen liquidity pool for the interest it accrues. Or they might swap it out via the Swap Machine dApp for a different token like Ethereum. While not offering as many options as the GNBU, NBU has far more intuitive access associated with it for the average user to take advantage of.

GNBU, the second of the two currently available tokens, is the main governing token on the Nimbus platform. Like NBU, GNBU offers its users a lot of flexibility and can be traded, tendered, or sold as a user likes. GNBU does take the staking idea farther as well, due to its nature it can be staked into whichever pool they like for any determined time versus the sometimes-hard locked nature of NBU staking. Furthermore, simply being in possession of the token allows for a user to get a percentage of every transaction fee that takes place on the platform.

The biggest difference between NBU and GNBU is that GNBU allows the user to have voting power on the platform. Nimbus relies on the community at every level, and it has established a community vote for major decisions that impact the platform’s ecosystem and current path. If someone has a GNBU they have a vote in this community and have a direct impact on the future of Nimbus.  With the Nimbus Platform itself capping its ownership of GNBU at 10% any user that possesses one of these tokens has a major voice in developments.

There is a third token that is currently being developed along the Stablecoin idea: STAN, which will be directly pegged to the United States Dollar. Though it’s still in the works, Nimbus plans on having access to 15 different revenue generating tools. STAN will be swappable using Uniswap for other forms of Crypto or cashed out at the user’s leisure. Stablecoin is a more tangible coin that some users will find more comfort in and is one more avenue for users to reach financial success.

Crypto by its nature can be confusing, so Nimbus created its tokens with the philosophy of entuitive use for all Crypto enthusiasts. Nimbus isn’t as large as other blockchain platforms for now, but its growth continues with its security and flexibility being its driving force. In 2021 alone the number of users with attached wallets reached over 57,000 in number. As Nimbus continues to expand that number will grow massively.

The Nimbus blockchain represents the future of decentralized finance and innovation.  With the hopes of eventually creating an entirely decentralized bank for its users to have access to, Nimbus is constantly creating the next best thing through its platform. Even its ecosystem has been created to be fluid and allow for user input at a regular pace.

There’s been a lot of bad press in the news regarding Crypto. For some Crypto is a game of musical chairs that won’t have many seats left when the music stops playing. But this isn’t a game of chance, and those who believe it don’t understand the market. Nimbus has striven to ensure that every user understands the experience fully while enforcing strict transparency and security across the platform. The best example of this lies in its chosen tokens.

Nimbus clearly has all token values available to its users and market trend information is up to date and specifies all aspects of exchange value. Furthermore, GNBU and its associated services encourage investing time and resources back into the community and benefits not only one user, but the entire platform. The ripple effect from one user benefits another and the cycle continues across the whole of the user base.

Community is key with the Nimbus platform, and constant innovation in both the services offered and what NBU and GNBU offer allow for that community involvement while they further innovate the platform to meet new trends. In no other platform does the community find itself directly involved in the ecosystem, and it is just one more reason why Nimbus is continuing to grow at a rapid pace as the year closes itself out.

Art by 360 Magazine for use by 360 Magazine

Dogecoin Festival Postponed

The founders of the first Dogecoin Festival have rescheduled the Dogepalooza festival which was to be held on Saturday, October 9, 2021 in Sugar Land, Texas at Constellation Field. Recent governmental mandates and public safety measures were taken into account to postpone the festival until Spring 2022. 

“The venue, founders, entertainers, and organizers did not make this decision lightly, states Damon Elliott, entertainer and Grammy award winning producer. All the original entertainers will be back in the Spring of 2022. 

We continue to support Dogepalooza and look forward to seeing everyone next Spring.” Participants and fans can count on icon and legendary performer Dionne Warwick; Grammy Award winning producer, DJ, singer, musician, songwriter and composer, and friend of Dogepalooza, Damon Elliott; rising star and classically trained pianist, Chloe Flower, who accompanied Cardi B at the Grammys, and channels Liberace in building a career on musical mash-ups; Break Free Worldwide breakdance competition; White Sun, Grammy Award winner for best New Age album; Lil Mook, an independent artist; Jason Dmore, a singer, songwriter and entertainment artist; plus many more top entertainers.

 Recent announcements included the partnering of Dogepalooza with Dogemongo, a game that allows users to catch Dogemon and was tested by one of Benzinga’s reporters. A new version of the game will feature a battle modus, where users go to locations and try to catch the Big 3D Dogecoin. After a specific number of rocketball throws, the lucky person wins the Big 3D Rocketball, valued between $500 and $100,000. Some Big 3D Dogecoins will be featured at Dogepalooza. Participants at the festival will have a chance to win a substantial amount of money. Dogemmongo will also continue to be a part of the new festival date. 

All purchased tickets will be refunded. Once a new date is secured, tickets will go on sale. All contest winners will still receive tickets to the festival. “Public Safety is paramount in our decision-making process, adds Rebecca Miller, Executive Director of Global Operations for the festival. Dogepalooza is a fun and entertaining Community Give-Back and Involvement Festival. The new date enables us to continue to build our all-star line up and plan for an even bigger event when mandates and restrictions are lifted.” 

Dogeplalooza, an authentic community driven Dogecoin Festival, is still slated to be held in multiple cities and countries around the globe. The online Doge community consists of millions of members from the world, across all social media platforms. 

Massive digital media attention is swelling as the enthusiasm for the event continues to explode. The event is family friendly and open to the public. One of the biggest supporters of Dogecoin is Tesla, Inc CEO Elon Musk. Dionne Warwick who will make a special guest appearance is also a Dogepalooza supporter comments, “I’m still looking forward to be a part of this meaningful festival which supports so many vital causes.” 

The rescheduled date in Spring 2022 will include Live entertainment from national and local headliners, major artists & DJs, Food & Drink,  Dogecoin & Dogepalooza Merchandise, Vendors, Family Fun Park, Fireworks, Charities, and Educational venues for learning more about how to use, accept, and understand Dogecoin. 

Charities supported by Dogepalooza

 A portion of proceeds from ticket sales will be donated to the American Cancer Society, the Lupus Foundation, Disabled American Vets (DAV), the Humane Society of Oldham County, Multiple Myloema Research Foundation, Khan Academy, and the Cerebral Palsy Foundation.

Money illustration by Heather Skovlund for 360 Magazine

The Growth of Blockchain

Blockchain Companies hit $30.4B in Total Funding, a 44% Increase in a Year

The increasing number of organizations accepting cryptocurrency and the growing interest in blockchain technology continue driving the entire sector’s impressive growth. However, recent years have also witnessed a surge in the number of venture capitalists pouring money into blockchain companies.

According to data presented by BlockArabia.com, blockchain companies raised $30.4bn in total funding, a massive 44% increase in a year.

Investment Activity Soared by 515% YTD

By allowing digital information to be distributed but not copied, blockchain technology created the groundwork for the new type of internet. Although initially invented for the cryptocurrency Bitcoin, by improving online security and streamlining fundraising and payment options, blockchain technology was adopted by many companies across different industries.

The Crunchbase data showed 2018 was a record year for investment activity in the blockchain market, with companies raising around $10.7bn in funding rounds that year. However, the next two years brought a significant slowdown in venture capital funding.

In 2019, blockchain companies raised $4.3bn, with the cumulative funding amount rising to $20bn that year. However, statistics show 2020 brought even less fresh capital, with companies raising only $2.4bn.

After two challenging years for blockchain companies looking to attract investments and expand their business, investors flocked to this sector in 2021. In the first quarter, startups focusing on blockchain technology raised around $2.9bn, more than in all of 2020. The strong investment activity continued in the second quarter of the year, with companies raising another $4.1bn.

The Crunchbase data showed blockchain startups raised around $8bn YTD, a staggering 515% increase compared to a year ago period, and 20% more than in 2019 and 2020 combined.

US Blockchain Startups Raised $12.5B, more than European and Asian Companies Combined

Statistics show that US blockchain companies lead in the total value of investments, with $12.5bn in funding rounds so far. European companies hit $6.1B in total funding, half the value of their US peers, ranking as the second-leading region globally. Asian blockchain companies follow with $5.4B, respectively.

Analyzed by type of funding, initial coin offering ranked as the most popular way to raise fresh capital. Statistics show blockchain companies have raised $9.3bn through ICOs so far, more than any other funding type.

Series A funding rounds have brought in around $3.8bn so far. Series B and Series C funding rounds follow, with $2.6bn and $2.4bn, respectively.

The full story can be read HERE.

Cryptocurrency illustration by Heather Skovlund for use by 360 Magazine

Ethereum adds over 5 million new unique addresses in 30 days

The world’s largest smart contract development platform, Ethereum (ETH), has added over 5 million more unique addresses in just 30 days as the asset continues to gain momentum ahead of its scheduled EIP-1559 upgrade.

According to data compiled by Finbold, Ethereum added 5.37 million new unique addresses in the last 30 days (June 6th, 2021 – July 6th, 2021). This means that on average, the Ethereum network added 173,235 new unique addresses daily.

The total number of distinct Ethereum addresses has grown to 162,231,196. Lately, ETH has indeed experienced a drive-in demand, which has contributed to its cumulative address growth after the asset experienced massive capital outflows last month.

ETH demand on the rise 

Recently, Celsius Network CEO Alex Mashinsky stated that Ethereum ‘flippening’ Bitcoin is happening now and will become more widespread. Broader adoption of Ethereum is expected as Mashinsky believes that layer two solutions will fix ETH’s issues in the near future.

ETH 2.0, on the other hand, will be a substantial and gradual enhancement on layer two solutions, but both systems will function in tandem in the future, according to Mr. Mashinsky.

A week ago, Ethereum overtook Bitcoin in total daily active addresses for the first time in crypto history, suggesting that demand for the world’s second-largest cryptocurrency is rising. The active addresses on a crypto network show the total number of senders and receivers for a given coin.

Since Ethereum has notably surpassed Bitcoin in terms of daily active addresses, it might signal that the world’s second-largest cryptocurrency by market capitalization is on its path to becoming the most popular.

For example, U.S. investment bank Goldman Sachs, considers the Ethereum blockchain network to have the capability to usurp Bitcoin as the main store of value cryptocurrency.

The multinational financial institution believes that ether’s use cases now have the most “potential,” as it is the most popular smart contract development among the crypto community, according to a Business Insider report published on Tuesday,

Ethereum EIP-1559 upgrade

On August 4th, the long-awaited London EIP-1559 upgrade for the Ethereum network will commence.

In a block activation proposal on Github on July 6th, Ethereum principal developer Tim Beiko stated on Twitter the mainnet upgrade will take place around block 12,965,000.

Since the mainnet upgrade is scheduled to deploy at block 12,965,000, the London hard fork will take place on August 4th, rather than the mid-to-late July date as expected initially. If the different Ethereum client teams agree to the proposal, the target will become official.

Before deciding on a mainnet launch date, developers are monitoring the testnets to see how the updates function.

On June 24th, the first block was generated on the Ropsten testnet, and the hard fork was deployed to the Goerli testnet on June 30th, and the final Rinkeby testnet launch is scheduled for today.

Deployment of the deflationary Ethereum upgrade

The London upgrade named after the second-annual Ethereum development conference, which took place in 2015, is intended to bring the network into a deflationary mode; however, the EIP-1559 upgrade will not necessarily result in lower gas fees.

EIP-1559 upgrade modifies the auction process for the charge calculation structure and burns a portion of the transaction fees. The upgrade will cause asset deflation over time, which will increase once mining ends, and proof-of-stake becomes the dominant consensus method later next year. ConsenSys, an Ethereum software solutions business, estimates that the yearly ETH supply will be cut by 1.4%.

On the Ropsten testnet; a web page has been put up to observe this in action, it burnt 89,148 ETH during the brief testing time, which is almost $208 million at current rates.

The Goerli testnet has burned 79 ETH, while the Rinkeby testnet is anticipated to debut on July 7.

Find full stats and information here.

Katy Perry x Theta Network — Katy Perry NFTs for use by 360 Magazine

KATY PERRY NFT

Global pop superstar Katy Perry, in collaboration with Theta Network, announced the launch of Katy Perry NFTs for her fans worldwide. The first digital collectibles of the collaboration will feature content from Katy’s upcoming “Play” residency at the brand new Resorts World Las Vegas hotel, beginning in December 2021. Katy Perry will also acquire a minority interest in Theta Labs, alongside Perry’s talent agency, Creative Artists Agency (CAA), one of Theta’s latest enterprise validators.

“I’m both excited and curious to be launching my first ever NFTs later this year with Theta Network,” said Katy Perry. “This is a new, unique opportunity to connect with my fans around the world even if they aren’t with me in Las Vegas. I can’t wait to dive in with the Theta team on all the exciting and memorable creative pieces, so my fans can own a special moment of my residency that’s both a digital collectible as well as an IRL experience.”

This is the first-ever Las Vegas residency to feature exclusive NFTs commemorating the events, making them a one-of-a-kind collectible for Katy Perry super-fans across the world. As of today, fans can pre-register and be notified of the first NFT drops HERE.

“Coinciding with Theta’s Mainnet 3.0 launch, working with a global icon like Katy Perry over the next year marks an important inflection point in Theta Network’s history and a big step towards global adoption of Theta blockchain,” said Mitch Liu, co-founder and CEO of Theta Labs. “With the help of CAA and Katy’s management team, we’re charting a course towards reaching well beyond crypto enthusiasts to millions of music, media and entertainment fans around the world. In the end, we see this as an important milestone towards a million daily transactions on the Theta network.”

Theta Network’s NFT marketplace, ThetaDrop, is powered by the Theta protocol and a native blockchain that is significantly different from other NFT platforms as it was purposefully built for media and entertainment. The cost of minting NFTs and gas fees are as low as $0.15 on the Theta network and transaction times are 100x faster than on Ethereum. More importantly, the Theta protocol is built from the ground up on a proof-of-stake (POS) model and therefore uses a fraction of the electricity and resources making it significantly greener, and more environmentally friendly than other platforms.

With the launch of the Theta Mainnet 3.0 protocol upgrade on June 30th, Theta’s distributed network of more than 100,000 global community-run edge nodes continues to grow exponentially. In the future, edge nodes will support decentralized NFT storage enabling users to truly own and take custody of their NFTs, and not depend on any centralized platform. Cross-chain bridges between Theta Network, Ethereum and other blockchains will enable seamless NFT transfer across marketplaces, notably Ethereum-based Opensea, Nifty Gateway and others.

About Theta Labs, Inc.:

Theta Labs pioneered Theta Network, the leading video delivery network powered by blockchain technology, and THETA.tv, the next generation decentralized live streaming platform. Theta infrastructure enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Most recently, the company launched ThetaDrop NFT marketplace in partnership with World Poker Tour aiming to disrupt the digital collectibles industry.

Theta’s enterprise validator and governance program is led by global leaders including Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, Blockchain Ventures, DHVC and gumi. THETA.tv, the first application built on the Theta Network, leverages its existing user base of millions of viewers to seed the Theta P2P mesh network along with premium content partnerships with Lionsgate, MGM Studios, NASA, and others. Video platform partners include CONtv Anime, World Poker Tour, Cinedigm, Samsung VR, GameTalkTalk, MovieBloc, Ultra, GFUEL and other OTT media, entertainment, and live streaming services. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA, and traditional Silicon Valley VCs including DCM and Sierra Ventures. Learn more HERE.

About Katy Perry:

Katy Perry has racked up a cumulative 50 billion streams alongside worldwide sales of over 48 million adjusted albums and 135 million tracks. Her 2019 single, “Never Really Over,” off her latest album SMILE, is certified PLATINUM and was the biggest streaming launch of Katy’s musical career. 2020’s SMILE release has sold over 1.25 million adjusted albums, with nearly 2 Billion combined streams to date. Views of her 2013 video “Roar” and 2014 “Dark Horse” have recently surpassed three billion views making Katy the first female artist to reach this milestone. Katy’s 2015 Super Bowl performance is the highest-rated in the event’s history. She is one of only five artists in history to have topped 100 million certified units with their digital singles and the first-ever Capitol Records recording artist to join the elite RIAA 100 Million Certified Songs club.

Aside from being one of the best-selling musical artists of all time, Katy is an active advocate of many philanthropic causes. In 2013, Katy was appointed a UNICEF Goodwill Ambassador and has used her powerful voice to ensure every child’s right to health, education, equality and protection. Katy has also been a champion for LGBTQ+ equality, and has received numerous awards for her work, including the Trevor Project’s Hero Award in 2012, the Human Rights Campaign’s National Equality Award in 2017, and amfAR’s Award of Courage in 2018.

'Homme 277' NFT illustration by Heather Skovlund for 360 Magazine

HOFA Gallery NFT Artworks

HOFA Gallery NFT artworks will appear alongside corresponding physical artworks at London exhibition this week

Press preview in gallery and virtually: Thursday 13 May 2021, 10.00 – 18.00 (BST)  

As the NFT artwork phenomenon continues to expand the boundaries of collectible art, HOFA Gallery is boldly reprising their role as pioneers with the upcoming release 15 May release of NFT artworks as digital complements to physical works currently on display in the ‘Matter & Form’ exhibition. 

The planned press preview will take place at HOFA Gallery, Mayfair on Thursday 13 May 10.00 – 18.00 (BST) in gallery or virtually by appointment (photographers and videographers welcome).  

Jan KalabLoribelle SpirovskiGregory Siff and Darian Mederos, four widely celebrated feature artists in HOFA’s latest group exhibition, will release their crypto artworks on via a special collaboration with MakersPlace – the world’s largest art NFTs marketplace.  This move bridges the perceived gap between conventional art and digital art and is part of HOFA’s ongoing effort to put contemporary art within reach of today’s younger, tech-savvy art collectors. 

HOFA Co-founder Elio D’Anna says “Traditional, conventional art has always struggled with the problem of accessibility, which meant that many people were excluded from enjoying and investing in art. Furthermore, it has meant that artists could only reach a fraction of their potential audience.” 

He continues Finally, the world of digital is steadily levelling the field, and today we are seeing the NFT phenomenon address this problem of accessibility in a new way by giving legitimacy and currency to digitally subsisting art.

In 2018, HOFA made headlines when it became the first to embrace the possibilities of blockchain-powered cryptocurrency by making their entire art holdings available for purchase using Bitcoin and Ethereum. Along with innovative partners, HOFA also helped established the world’s first digital asset-based art investment platform which enables full and partial investments in blue-chip contemporary artworks using secure blockchain technology to authenticate and record transactions.  

HOFA Co-founder Elio D’Anna sums up “By embracing the world of collectible NFT art, both the gallery and our emerging and established contemporary artists can exponentially expand their reaches.  We are finding these new audiences, consisting mainly of Millennials and Gen Zs, are enthusiastic about art and keen to have digital-first art experiences that are easily personalized and conveniently accessible via smart devices.”

Press preview: ‘Matter & Form’ at HOFA Gallery, Mayfair on Thursday 13 May 2021, 10.00 – 18.00 (BST), in gallery and virtually by appointment only.  

In compliance with Covid-19 safety protocols, all visits to the gallery will be strictly on RSVP basis.

Matter & Form video

HOFA Gallery Website

HOFA Gallery Instagram

‘Homme 277’ NFT by Loribelle Spirovski drops on MakersPlace 15 May 2021
‘Breathing Turkis Lagoon’ NFT by Jan Kalab drops on MakersPlace 15 May 2021
 ‘Games of Youth & Legend’ NFT by Gregory Siff drops on MakersPlace 15 May 2021