Connect with us

Bitcoin

Tron Founder Justin Sun Purchases Joker Inspired BAYCTron For A Record $15 Million

Published

on

Tron Founder Justin Sun Purchases Joker Inspired BAYCTron For A Record $15 Million

The founder of the Tron network, Justin Sun, has bought a Joker-inspired artwork by Bored Ape Yacht Club Tron (BAYCTron), one of the first and most popular NFT collections on his blockchain today. The price tag? A stunning 150,000,000 TRX or $15 million.

With this transaction, the artwork BAYCT #6666 takes first place as Tron’s most expensive NFT sale to date. A position previously held by another Justin Sun purchase — the Tpunk #3442, which sold for $10,5 million in August 2021. Ironically, his Tpunk was also inspired by the Joker Movie of DC Comics.

 

The Chinese-born, 31-year-old tech billionaire is a deep believer in the digital art space and, particularly, the use of non-fungible tokens as key enablers of its development. Justifying his latest acquisition, Sun wrote on Twitter: “After all, the art of the #NFT avatar is the new artistic showcasing for our generation.”

While this sudden move by Justin Sun took the BAYCTron community by surprise, it is widely known that this collection has been among the entrepreneur’s favorites alongside Tpunks and Tronmeebits.

The purchased Joker artwork is part of a 10,000 NFT collection released on top of the Tron network earlier this year, and that sold out in just under 72 hours, becoming one of this blockchain’s fastest-selling collections. The TRC-721 artworks are an homage to the original Ethereum Bored Ape collection but incorporate a series of exclusive pieces featuring visual elements related to Tron and Justin Sun.

“This purchase sends a strong message – the Tron NFT landscape is here to stay. This network offers great advantages for artists to run their collections, such as low fees and strong community and network support. We are delighted to hear about Justin’s purchase and expect other minters of our collection will also benefit from the growing secondary market activity in the coming months,” said BAYCTron CMO Carolina Matusso.

This collection also got the attention of APENFT Foundation; a world-class curatorial group focused on identifying and providing support for prospective artists across multiple blockchains, including Tron and Ethereum. In September, APENFT and BAYCTron have signed a strategic partnership to incentivize the development of the project.

 

The efforts of APENFT seem perfectly aligned with BAYCTron’s plan. The curatorial organization and Tron Foundation have recently established a $100 million fund to support emerging NFT projects and digital artists in this network.

Mutant Apes Gain Traction Among Collectors

With direct support from Justin Sun and the strong Tron community, the minting of the BAYCTron Mutant Apes collection is rapidly picking up. As of this writing, the excentric and vibrant Mutants are 35 percent minted.

The new collection is not less exciting than the first. The Mutants include distinctive versions of the Joker, Harley Quinn, Kill Bill, and even Justin Sun. Collectors can still mint Mutant Apes for a fixed cost of 1000 TRX (~ $100) in the hopes that this new collection replicates the same luck as the original Apes.

google news
Advertisement

Bitcoin

SkyLaunch Collaborating with Polygon to Join its Ecosystem

Published

on

Ethereum Killer Polygon Races to Hit New ATH Soon

SkyLaunch has recently announced that they will be working on a mutually beneficial partnership with Polygon in the quest for achieving future improvements. Further, they mentioned that collaboration with Polygon means adding a new Blockchain to their growth plan. Moving ahead, they also said that Polygon low fees and lightning-fast transactions have made it popular within a short period. Therefore, people who will be choosing Blockchain for their projects will need launchpads too. This will eventually help SkyLaunch in exposure and grow further.

Moreover, there are two key contributors to SkyLaunch’s growth vertical over the years. Besides Binance Smart Chain, another useful platform SkyLaunch depends on is Polygon. The Polygon blockchain is a profitable Ethereum-centric network with high-profit potential and secure connection, offering users a smoother crypto trading experience. After incorporating Polygon into the SkyLaunch launchpad, experts opine that the latter would become one of the most reliable multi-chain launchpads in the future. 

High levels of profits with the collaboration 

Reports show that partnering with Polygon opens the team of the SkyLaunch to multiple project-related benefits as well. This would grant full access to the Polygon ecosystem, allowing SkyLaunch to explore and cement their position well. 

Polygon is one of the most sought-after blockchains in the current period because of its low-cost fees, simple usability, and precision-rich transaction speed. As a result, a lot of crypto projects are turning to this ecosystem to expand their reach and develop.

They want a top-grade launchpad as well to deploy the projects afterwards. Therefore, SkyLaunch expects to develop further through its partnership with Polygon, getting high numbers of projects. 

About SkyLaunch 

SkyLaunch is one of the most useful IDO-centric launchpad platforms available. It promises the users total timeline support with their projects and offers multiple proprietary tools to the project holders. In addition, SkyLaunch is unique in its operation and holds the support of a proprietary guide for introducing different upgraded versions into crypto-trading through blockchains.

To note, SkyLaunch does not keep several restrictions for the users. This helps traders complete their transactions, build their IDO projects, and deploy them across multiple blockchains without any complications. 

There is a standardised accelerator program with pre-IDO services that work with an industry-leading independent governance council. There is a post-IDO network for alliance support available as well. Traders creating and growing their blockchain projects benefit highly through SkyLaunch support. 

About Polygon

Polygon is a framework and valuable protocol for linking and developing Ethereum-based blockchain networks. It is the first platform to focus on infrastructure development and scaling of Ethereum. Furthermore, the blockchain is user-friendly, highly structured, and includes the Polygon SDK. Therefore, this framework is helpful for different types of app development initiatives. 

Not only does Polygon work as a blockchain in its own right, but users can also create or link several blockchains through it. As a result, it has some similarities with other blockchain solutions like Polkadot and Avalanche. 

google news
Continue Reading

Bitcoin

Ethereum Ranks Second as the Most Owned Crypto in UK, Bitcoin First!

Published

on

Ethereum Ranked Second as the Most Owned Crypto in UK, Bitcoin First!
  • It is estimated that 32.9 percent of UK crypto owners possess Ethereum.
  • 2,013 internet users in the United Kingdom were polled.

Late in 2021, the cryptocurrency market was very volatile and experienced a drastic shift from extremes in the bigger market. Crypto users in the United Kingdom seemed to be taking it slowly throughout the recent sell-offs and feverish market periods. With 2,013 internet users in the United Kingdom being polled, Finder.com came up with various findings.

The UK’s crypto community appears to have rekindled its enthusiasm for Ethereum, despite a lack of interest and acceptance in other cryptocurrencies. It is estimated that 32.9 percent of UK crypto owners possess Ethereum, putting it in the second position in terms of crypto ownership after only Bitcoin.

Read More: Bitcoin Price Prediction

Read More: Ethereum Price Prediction

Crypto Adoption Rate At a Mere 1%

There was an increase in the percentage of people owning cryptocurrencies from 11.2% to 15.5% last year, although, in certain countries, this rise was stifled. When comparing the two polls, the United Kingdom had one of the fewest increases in crypto holdings, moving from 5.2% to 6.1%, with a modest 1% increase in that time frame.

UK crypto ownership is much lower than the worldwide average of 15.5%, according to an ongoing poll of Internet users in 27 nations. With only 17 percent of respondents saying they believe crypto is an excellent investment, Britain was rated 23rd out of 23 nations in November 2021 for favorable opinions towards cryptocurrencies.

Despite the glimmering figures on ETH, Bitcoin remains the most popular cryptocurrency, owned by 42.8% of those who own digital assets. Third place went to Ripple, with 17.4 percent, followed by Solana with 15%, while Dogecoin only had a 1% gain.

google news
Continue Reading

Bitcoin

DeFi Data Network Unmarshal Doubles Down on Solana, Signs Key Advisor

Published

on

DeFi Data Network Unmarshal Doubles Down on Solana, Signs Key Advisor

Bangalore, India, 17th January, 2022, Chainwire

since its launch in 2021, Unmarshal” rel=”nofollow noopener” target=”_blank”>Unmarshal has continued to look for ways to improve its ecosystem to provide the best services to existing blockchains. Now in 2022, the DeFi network has added a key advisor, Brian D. Evans” rel=”nofollow noopener” target=”_blank”>Brian D. Evans, to the team to strengthen the protocol. 

Brian D. Evans is an Inc. 500 Entrepreneur, Forbes top digital marketer, investor, and blockchain/crypto industry veteran. With his wealth of experience and connections, Evans, who is also a Founder of ReBlock Ventures” rel=”nofollow noopener” target=”_blank”>ReBlock Ventures alongside Kenn.eth” rel=”nofollow noopener” target=”_blank”>Kenn.eth boasts almost 1 million followers on his Twitter” rel=”nofollow noopener” target=”_blank”>his Twitter. Evans and ReBlock will help Unmarshal become industry dominant by suggesting key initiatives, and connecting high level players. 

Speaking on the appointment, Evans said “They’ve managed to recruit top development talent, I can see this platform doing very well. I’m excited to open up my Rolodex and help them achieve large scale industry adoption.”

Unmarshal Boosts Its Query Mechanism for Apps on Solana

Aside from signing Evans, the multi-chain DeFi data network is strengthening its querying support for decentralized applications built using Solana’s API. The added support will provide safe real-time data to DApps.

The Solana Network” rel=”nofollow noopener” target=”_blank”>Solana Network was one of the most deployed chains in 2021 due to its incredible throughput, ultra-low gas fees, and scalability. The chain can process over 50,000 transactions in a second, making it faster than all the blockchains in the industry. All these are made possible due to the network’s Proof of History and Proof of Stake consensus mechanisms. 

The chain hosts over 1000 decentralized apps, including decentralized exchanges, GameFi projects, and NFT marketplaces. The trilemma – speed, scalability, and security led to the growth of the blockchain and its native cryptocurrency SOL. 

With the chain agnostic solution improving its API for Solana, DApps can collect data effectively without creating codes. DeFi projects on Solana can work with our experts to form the correct data response and structure. The network’s data can also be queried. 

API Can Perform a Wide Range of Applications

Aside from enabling a rapid querying support system for DApps on Solana, Unmarshal will add Solana onto the platform’s block explorer Xscan.io. The API will cater to a variety of use cases, such as NFTs, marketplaces, P2E gaming, and any other application on the Solana Network.

This API integration will allow the wallets to provide a clearer picture of token balances and the transfer history of the given asset and the entire wallet on the Solana chain. In addition, customers can get updated with instant alerts on any transactions that occur in their wallets. 

The integration with Solana will also allow wallets to fetch data about transaction hash, status, timestamp, and get details on assets listed on Solana, including their prices. Finally, the API integration will collect data of wallet NFT balances on the chain.

About Unmarshal

Unmarshal” rel=”nofollow noopener” target=”_blank”>Unmarshal is an agnostic chain solution launched in February, 2021. It’s a DeFi network that provides real-time data to dApps deployed on Solana, Binance Smart Chain, Polkadot, Ethereum, and so on. They are making moves to empower DApps on several Layer2 networks to have access to reliable on-chain data. The DeFi protocol offers convenient methods to query network data from supported chains and comprises powerful tools to support DeFi apps on any blockchain.

Contacts

CMO

google news
Continue Reading

Trending