Playboy to release tokenized bunnies into the wild

PLBY Group Inc, the owners of the raunchy lifestyle magazine Playboy, unveiled a new nonfungible token (NFT) project consisting of 11,953 unique 3D animated bunny avatars.

Co-ordinate to a Wednesday announcement, the number of NFTs pays homage to Playboy'southward founding yr of 1953, and the tokens volition serve as "keys to a reimagined Playboy Lodge," which gives the owners access to sectional events, content and trade.

Playboy Rabbitar NFT. Source: PLBY Grouping Inc.

The launch of the Ethereum-based NFTs begins on Sunday, with a pre-sale for whitelisted investors until Tuesday. 2 public sales launch the following twenty-four hours, one for United States dollars customers and the other for those paying with Ether (ETH).

The sales are being hosted on an official "Playboy Rabbitar" website, and the NFTs volition be priced at 0.1953 ETH each or the fiat equivalent (currently $814). Jamal Dauda, vice president of blockchain innovation at PLBY Group, said:

"The Rabbitars mark the beginning of truthful blockchain-based membership for Playboy. Just as Playboy Club keys gave millions of members a take a chance to step into the sophisticated lifestyle that the Playboy brand represents, NFTs today tin can do the same then much more."

One CryptoPunk is not for sale

The owner of CryptoPunk #6046 recently turned down a bid of ii,500 ETH for their tokenized punk avatar.

That'due south about $10.5 million, which would have represented the largest CryptoPunk sale to engagement if accepted. According to Larva Labs, CryptoPunk #3100 holds the record, having been sold for $7.58 million in March.

The CryptoPunk #6046 NFT depicts a person wearing 3D shades and smoking a cigarette and was initially purchased for $83,209 past its electric current owner, Twitter user Richerd.

Richerd recounted the bid came about after they'd publicly claimed that they would not sell their CryptoPunk, no matter what anyone offered. A startup dubbed "Poap" decided to test that theory, with Etherscan showing a bid of ii,500 ETH.

"Come on Richerd. Don't you desire to go downwards in history every bit the elevation CryptoPunk auction to appointment?" Poap teased.

While admitting that their "mid-tier punk" is almost probable non worth 2,500 ETH, Richerd promptly declined the bid and went on to claim that they wouldn't even accept a bid of $one billion, equally the NFT holds sentimental value.

"My identity along with the identity of other iconic Punks and apes accept value beyond the NFT itself. We have our ain brands similar to whatsoever other make and that has value. Because I value my personal make and identity, this was an easy rejection for me."

If Martha Stewart launched NFTs and no one bid...

Martha Stewart, the famous Television set personality and lifestyle entrepreneur, has taken the plunge into NFTs by launching her own platform and drove dubbed "Fresh Mint."

While Fresh Mint hosts a collection of NFTs that were minted on Ethereum, it appears the platform is essentially a gallery, every bit the auctions and sales are hosted on the OpenSea marketplace.

Stewart'southward kickoff NFT drop consists of ii Halloween-themed collections depicting "loftier resolution" JPEG files such as a set of pre-carved and custom carved pumpkins, as well every bit Stewart wearing a bunch of spooky Halloween costumes.

Martha Stewart NFTs. Source: Fresh Mint

The starting price for the tokenized pumpkins is a hefty two ETH ($8,400) for the pre-carved ones and 3 ETH ($12,600) for custom-carved pumpkins. The highest applicant of the custom pumpkin NFTs can send in a photo and accept it carved into a pumpkin and so tokenized into an additional NFT, along with having the physical pumpkin shipped to their door.

At the time of writing, not a unmarried NFT has had a bid placed on them.

Coinbase's first NFT collections

Coinbase has announced the commencement round of NFT creators information technology's partnered with alee of the launch of its upcoming NFT market place subsequently this year.

The first four are Ponderware, creators of the popular MoonCats NFT projection; Forgotten Runes Wizards Cult, the developers of Forgotten Runes; popular crypto-friendly DJ 3LAU; and digital artist GxngYxng.

Coinbase likewise posted an update on Thursday to accost rumors of other partnered creators that are "floating around," noting that if you don't hear it directly from them, it's "probably non true."

The launch of Coinbase's NFT marketplace appears to be a highly anticipated i, with Cointelegraph reporting on Oct. fourteen about ane.one million people signed upwards for the waitlist within 48 hours of it going live. Information technology's difficult to determine what the waitlist is now up to, as Coinbase no longer shows the number of new sign-ups.

Roundup

On Wednesday, NFT-game and virtual holding developer Animoca Brands announced that it had doubled its valuation to $ii.two billion after closing a new $65-one thousand thousand funding circular that included participation from Ubisoft Entertainment.

Cointelegraph likewise reported on Thursday that Chinese online retail giant JD.com is diving into the NFT sector by introducing a special NFT series for its annual JD Discovery conference. Using its proprietary blockchain platform, JD.com volition be distributing commemorative NFT certificates to attendees of the JDD 2022 event in Beijing.