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Rare Homer Simpson Pepe NFT Sells For $312k

Republished by Plato

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Forget DeFi; non-fungible tokens (NFTs) are where it’s at. Proof of that comes in the form of ‘Homer Pepe,’ a rare NFT that combines the beloved Homer Simpson character with meme maestro Pepe The Frog.

Yesterday, the former owner of ‘Homer Pepe,’ Peter Kell, posted on his Instagram that he had sold it for 205 Ethereum, or $312k.

Homer Pepe NFT

Source: @zippi101 on Instagram.com

‘Homer Pepe’ NFT Turns a 700% Profit

Kell’s story began in early 2018 at the Rare Art Labs Digital Art Festival auction in New York City. Meme enthusiasts packed a small event room to bid on Pepe The Frog-inspired NFT artwork.

Up for offer were a whole host of Pepe-derived artworks. This included a Salvador Dali-esque item featuring melted Pepes, rather than clocks, in the artist’s trademark surrealist style. But it was ‘Homer Pepe’ that was the star of the show.

Billed by the auctioneer as “the most expensive rare Pepe in existence,” a bidding war soon erupted to acquire ‘Homer Pepe.’ And it was Kell who won, with a final bid of $38.5k.

Yesterday, Kell announced that he had sold ‘Homer Pepe’ for a staggering 205 ETH, which netted him a 700% return on his investment.

Commenting on the sale, Kell said people mocked him when he paid $39k for ‘Homer Pepe,’ over three years ago. But given the surging interest in NFTs of late, he eventually had the last laugh.

He added that digital art and NFTs “are the real deal.” What’s more, Kell sees this as a trend that will only get bigger over time.

They laughed when I bought HomerPepe for $39k. But when I sold it for 205 ETH… 😳😳😳😳🎉🎉🥳but yeah. sad to see my HomerPepe story come to an end. But this is an absolutely insane event in the NFT world. I’ve definitely learned the value of Digital Art. More proof that NFTs are the real deal and will be a big part of how art is sold in the future. #nft#digitalart.”

Non-Fungible Tokens Fall Within The Artist’s Realm

The host of the Bankless Podcast, David Hoffman, said NFTs merge the world of art and crypto. But in a way that bypasses the technical bias that is sometimes present on the crypto side.

Hoffman said artists don’t care about Ethereum; they only care to express themselves creatively. He attributes the boom in NFTs to a growing realization by artists that NFTs are a way to do that.

“We are at an inflection point in history, specifically artist history. They don’t care about Ethereum, they don’t care about DeFi. They care about being able to culturally and creatively express themselves and they are seeing NFTs as the vehicle to do that.”

NFTs continue to divide opinion, especially regarding the sums of money for which they can change hands. But as Hoffman alluded to, NFTs are very much in the realm of artists and art collectors, not crypto token speculators.

NFTs: Ethereum daily chart

Source: ETHUSD on TradingView.com

Source: https://www.newsbtc.com/analysis/eth/rare-homer-simpson-pepe-nft-sells-for-312k/

Blockchain

Ethernity Chain Immortalizes Tony Hawk’s Last 540 Skate Trick With NFT

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[Press Release – Los Angeles, California, 12th May, 2021]

Iconic skater Tony Hawk will soon have his own NFT thanks to the Ethernity Chain platform. The new NFT collection will launch on Wednesday May 12 at 12PM ET and be available for 24 hours.

Hawk recently performed what he insists will be HIS last ever “540” skate trick, and the moment in time will be preserved for eternity as an authenticated NFT (aNFT). The winning bidder will also receive the actual skateboard and shoes used in the final trick.

The legendary skater’s last ever 540 constitutes just part of a coveted collection co-created by influential digital artist Ondrej Zunka, a boyhood fan of Hawk.

“Birdman” will also provide one of his own skateboards, modeled after the inverted handstand and represented as an aNFT. Ethernity plans to raffle the skateboard randomly to a buyer of the aNFT.

The collection is completed by Graffiti Wall, a colorful artwork featuring contributions from skating enthusiasts in the form of messages, drawings and slogans etched on a blank canvas.

“I spend a lot of time around skateparks and there’s always a lot of graffiti everywhere, so I made this public Graffiti Wall inviting friends, family and the public to add a note to Tony,” said Zunka.

“I’ve created a texture from all of these messages and projected them onto the ramps, so whoever participated is now part of these two NFTs.”

Ethernity, which is committed to bringing legendary figures, real world collectibles, and fan engagement to blockchain, recently released aNFTs of Muhammad Ali, Pelé and baseball star Fernando Tatlis Jr. As with Hawk’s collection, each auction also included physical collectibles such as custom baseball bats and gloves worn by the boxer.

About Ethernity

Ethernity is exploring applications for non-fungible tokens (NFTs) within the context of art and philanthropy. It provides a way for celebrities and public figures to endorse digital artwork created by renowned artists. Anyone can purchase each limited edition artwork, with a portion of the proceeds going to charitable causes that the celebrity supports. Ethernity was founded by early Bitcoin investor and NFT innovator Nick Rose Ntertsas.

Learn more: http://ethernity.io/

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Source: https://cryptopotato.com/ethernity-chain-immortalizes-tony-hawks-last-540-skate-trick-with-nft/

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Blockchain

BitMEX Executives to Face Trial in March 2022

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The executives of the derivatives trading platform – BitMEX – will face trial in March next year. The money laundering case will come 18 months after charges were first filed. The former members of BitMEX can face up to 5 years in prison and a $250,000 fine if found guilty.

The Trio Heads to Trial

Last year, US officials accused the CEO of the company Arthur Hayes, the co-founder Benjamin Delo, and the chief technology officer Samuel Reed of violating the Bank Secrecy Act. Moreover, the members of BitMEX were served with money-laundering charges.

On May 11th – 18 months after the first accusations against them – New York District Judge John Koeltl set the trial date for March 28th, 2022. Furthermore, Gregory Dwyer – BitMEX’s head of business development – also faces charges but will appear in court separately.

Even though the company’s headquarters are in the Seychelles, the US Department of Justice accused BitMEX of failing to apply anti-money laundering procedures while doing business with US-based customers.

Interestingly enough, the ex-CEO of BitMEX – Arthur Hayes – said that the exotic island was a more convenient place for business as it was much easier to bribe Seychelles’ authorities rather than the US ones. The former executives of the cryptocurrency exchange could face a maximum of five years in prison and a $250,000 fine.


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Where Was Arthur Hayes?

Attorney Jessica Greenwood told the court that Hayes has ”discussed a surrender date of April 6th, 2021 in Hawaii.” She added that ”the plan is to notify the Court in advance of that appearance and discuss logistics” around his submission.

As CryptoPotato reported, even after his remote announcement Hayes continued to reside abroad and explained that he would only visit the United States whenever has to face the trial in New York.

In the end, the former BitMEX CEO indeed turned himself in on April 6th, 2021. However, the officials released him on a $10 million bond pending the future court process.

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Source: https://cryptopotato.com/bitmex-executives-to-face-trial-in-march-2022/

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Blockchain

dotmoovs Raises $840,000 From Strategic Investors and Partners

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[Press Release – Tallinn, Estonia, 12th May, 2021]

dotmoovs, an NFT platform powered by advanced computer vision algorithms has successfully completed a private funding round of $840,000 from notable investors. Amongst the investors are Moonrock Capital, Morningstar Ventures, Spark Digital Capital, Ascensive Assets, Rarestone, Building Blocks, MarketAcross, AU21 and GBV Capital.

The sports industry needs a solution for giving everyone a real chance to earn from their skills. dotmoovs is designed to bridge the gap between physical and geographic limitations, assessment of skill and finally – monetisation. Our vision is to build a powerful sports platform where everyone can challenge their friends or any other similar skilled players in the World for a challenge in their favourite sport.

“We are proud to have such notable investors joining us in building the first crypto mobile worldwide sports competitive environment. We know they can boost our growth and provide industry specific insight and knowledge which will be a deciding factor for us” said Ricardo Martins Costa, head of growth of dotmoovs.

“Our vision is a robust platform powered by blockchain and a state-of-the-art AI system that can analyse videos of players performing sports challenges in real-time” Ricardo adds.

“Moonrock Capital and Morningstar Ventures have come together to assist in incubating and bringing the dotmoovs project together. We are grateful and honored by the trust shown by dotmoovs’ team to become their official incubators and lead investors. Working closely with the team for some time now, we are highly impressed with their professionalism, expertise, and what they’ve developed so far. We are very excited to see this ambitious and revolutionary project come to life – combining sports, blockchain, and NFTs with dotmoovs’ vision of growth. The level of their supporting technology is not something we see every day. For these reasons, we are thrilled to be a part of dotmoovs’ journey and helping them achieve their vision.” said Simon Dedic, Managing Partner Moonrock Capital, and Danilo Carlucci, CIO Morningstar Ventures.

About dotmoovs

dotmoovs is the first crypto mobile worldwide competitive environment. The platforms allow users to compete with others around the world just by bringing their skills, ambition, and smartphone. dotmoov’s AI-based video referee will assess their performance in real-time. Powered by blockchain technology, sport competition will enable fair challenges and access to unique digital assets.

Website | Twitter | Telegram | Telegram Announcements

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Source: https://cryptopotato.com/dotmoovs-raises-840000-from-strategic-investors-and-partners/

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