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Ethereum NFTs Now Supported By FTX & Baby Shark Is Now Tokenized.

This week, the manufacturers of the famous Baby Shark song are releasing NFTs. NFT support has been extended to Ethereum with the aid of using FTX.US, and more than 300,000 individuals are waiting for Matrix NFTs.

The NFT Revelations From The Matrix

The website’s internet site crashed because of an excessive call for Warner Bros.’ Matrix NFT avatar drops on Nifty’s this week. The movie studio discovered in advance this month that 100,000 precise Matrix-inspired avatar NFTs would be available for $50 each as part of a promotional drive for the forthcoming Matrix Resurrections movie, which will be launched in theatres on December 22.

Ahead of the release when the fans were awaiting the release, Nifty’s was compelled to halt and again start the line several times owing to “infrastructure challenges’ ‘ led by the optimum capacity.

Other issues began to emerge after the line was interrupted numerous times, such as users being shoved up or down the queue, the buy button not working, and failed transactions during checkout.

There are still 347,133 individuals in line as of this writing, and the problems have yet to be rectified. Nifty’s is looking forward to solving problems and has felicitated every user with a “glitch in the Matrix” NFT” to compensate for the inconvenience for those who queued on November 30.

Baby Shark Is Tokenized

Pinkfong, the makers of The mesmerizing children’s song Baby Shark, Pinkfong are coming up with a series of NFTs based on the music video.

The NFTs exhibit the Baby Shark character and its five own circles of relatives contributors in a series of animated and holographic GIFs observed with the aid of using new original music, and the collection includes a 1/1 and five limited editions.

On December 3, the auction and sales will take place on Makersplace, with sustainability platform Aerial calculating and offsetting the sale’s carbon emissions. The starting price for the 1/1 NFT auction has yet to be determined, but the winning bidder will also get the vinyl record of the music used in the film.

The Baby Shark music video crossed over 9.7 billion youtube views resulting in it being the most seen video on the platform.

MBA Students Contribute $3,000 To Scholarship Fund

An NFT sale by a group of Masters of Business Administration (MBA) students from the INSEAD graduate business school’s Paris campus raised over $3,000 for the school’s Robin Hood Scholarship fund.

A Nyan Cat-inspired NFT dubbed “RobinGood #1” was designed by Ferdinand Issels, Michelle Yu, and two other students, showing Robin Hood riding a salamander from the school’s insignia. The activity was part of a week-long student-led fundraising effort for the school’s need-based scholarship fund.

The NFT later purchased by Alberto Marega, a graduate and Goldman Sachs banker, for 2,600 Euros ($3,000), was auctioned off in fiat currency to allow any student to take part and has since been minted on OpenSea.

Issels exclaimed that it gave them immense pleasure to have been using this technology for a noble cause, adding that he hoped a number of people would be encouraged by looking into the beneficial implications that blockchain-based technology might serve.

Ethereum NFTs Now Supported By FTX

Today FTX.US made an announcement saying that they are accepting Ethereum-based NFTs. The company’s FTX and U.S. subsidiary first jumped into the arena in September, rolling out NFT marketplaces with restricted functionality. The following month, FTX.US extended help to Solana-based NFTs. FTX.US’s website hosts popular Ethereum-based projects including Bored Ape Yacht Club, Meebits, and Pudgy Penguins.

Other Nifty Information

A fourth-coming mobile-based NFT game named Guild of Guardians has raised $5.3 million on Tuesday by selling off two tranches of its native token GEMS. With 808,000 new users signing in and more than 10,700 new purchases of $500 worth of tokens by GEMS holders, the sellout token sale was 82 times oversubscribed.

On Wednesday, Ross Ulbricht, the founder of the now-defunct dark web marketplace Silk Road, created a stir by announcing his own NFT drop, which will feature hand-drawn artwork that will be auctioned off on Superare later this month. The public’s sale proceeds will move forward to organizing a trust to assist Ulbricht’s quest to get released from prison.

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