NFThing

A guide on how to collect digital editions from the DRAGONFLY collection on OpenSea 💎☑️

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As we get ready to share DRAGONFLY with the world, there are aspects of the work put in behind the scenes that we’d like to share since we believe they hold artistic value of their own. ‘Art behind the art’ is a name we feel best captures this_

[ 3d design, Blender, VR, virtual reality, BTS, art gallery, metaverse ]

Ghostface Killah, a foundational member of Wu-Tang Clan, is set to release a music-themed collection of Ordinal Inscriptions on the Bitcoin blockchain. Partnering with Nakamotos on BTC, Rare Scrilla, and OrdinalsBot, the initiative aims to integrate music tracks with the Bitcoin network. This move highlights Ghostface's early involvement in the digital collectible space, contrasting mainstream preferences for platforms like Opensea.

The release details remain unspecified, but involvement may hinge on acquiring a NakaPepe v2 inscription from the NakaPepes collection, featuring 10,000 free-mint Ordinal inscriptions licensed under Creative Commons.

This collaboration underscores a broader vision for the Bitcoin blockchain beyond financial transactions, leveraging recent advancements like recursive inscriptions for embedding high-quality audio. These developments, demonstrated through significant projects like the Runestone inscription by OrdinalsBot and Marathon Digital, envision a future where the blockchain supports a wide array of digital creation and ownership, from music to art and beyond.

Ethereum continues to rise, now hitting the $4,000 mark. This is likely driven by speculation of an approaching Ethereum ETF, following the SEC's approval of a spot Bitcoin ETF.

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[ Ethereum, Crypto updates, Decentralised finance, Investment trends ]

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The efforts of major financial institutions like BlackRock played a key role in the approval of Bitcoin spot ETFs

Ethereum hits the $3,000 mark, driven by speculation of an approaching Ethereum ETF, following the SEC's approval of a spot Bitcoin ETF. Notably, Blackrock is the primary applicant for the Ethereum ETF. This has been attributed to investor interest and the expansion of decentralised finance (DeFi) applications built on its platform.

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[ Ethereum, Crypto updates, Decentralised finance, Investment trends ]

Bitcoin has recently surpassed the $50,000 mark, a notable event in the cryptocurrency sector. This increase indicates a rise in investor confidence and a broader acceptance of the digital currency. Our latest newsletter breaks down reasons behind this increase - link in bio.

The advent of Bitcoin Spot ETFs, as approved by the SEC, marks a pivotal moment in the financial landscape. The introduction of these ETFs, which follow the performance of Bitcoin directly, represents not just an evolution in investment options, but a significant shift in regulatory attitude towards digital currencies.

This move by the SEC is monumental, as it signals a newfound legitimacy and acceptance of Bitcoin within the established financial sector. ETFs, known for their accessibility on stock exchanges and their flexibility in offering diversification with lower investment minimums, now bring these advantages to the realm of cryptocurrency.

Moreover, the SEC's endorsement serves to enhance the market legitimacy of Bitcoin, positioning it as a viable investment. Looking forward, the implications of this development are vast, potentially ushering in a new era of cryptocurrency integration into the global financial system.

This transformative event invites investors to reconsider their portfolio strategies, acknowledging the growing influence and potential of digital assets in the modern financial narrative.

"The Quiet Maid," a feature film funded through NFT sales, has secured a global sales deal. Directed by Miguel Faus, the film sold its world sales rights to FilmSharks, an Ibero-American entertainment company, during the Iberseries industry conference in Madrid.

The movie tells the story of a Colombian maid working for a wealthy Spanish family in Catalonia, exploring both her challenges and triumphs. Originally a short film picked up by streaming service Max after a festival circuit, Faus leveraged the success of the short film to fund a feature-length version through NFT sales. These NFTs raised $750,000 and provided backers with behind-the-scenes access and a say in the film's proceeds through a decentralised autonomous organisation (DAO).

Renowned director Steven Soderbergh also supported the project with a $100,000 grant from a blockchain-backed fund. Despite the innovative funding, Faus emphasises that the film's success will ultimately depend on its appeal to the audience, with funding methods playing a secondary role. "The Quiet Maid" is set to premiere at the Tallinn Black Nights Film Festival in Estonia.