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Spin-Off Bored Apes and Pudgy Penguins Are Spreading Fast on Solana

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In brief

  • Ethereum-based NFT collections, Bored Ape Yacht Club and Pudgy Penguins, sell for millions of dollars.
  • But developers on Ethereum-rival Solana have released their own, very similar collections.
  • Not everyone is happy about this.

NFT collections inspired by Bored Ape Yacht Club and Pudgy Penguins are spreading fast on Ethereum rival Solana—and selling for huge amounts of money. 

London-based blockchain advisory firm Moonrock Capital yesterday bought a Degenerate Ape Academy Solana-based NFT for $1.1 million. Others in the collection are on the market for as much as $1.7 million.

The unofficial NFT collection was inspired by the hugely popular Ethereum-based Bored Ape Yacht Club NFT collection—a collection of 101 Bored Apes sold this week for $24.39 million at auction house Sotheby’s. 

Another collection, Solanapes, which has exactly the same design as the Bored Ape Yacht Club NFTs but with different attire, dropped first. The Degenerate collection has a different design but is still inspired by the original Ethereum-based collection. 

SolPenguins, which look a lot like Ethereum-based Pudgy Penguin collection, are also spreading on the Solana blockchain—but not selling for as much money: the floor price is 1.6 SOL, or $281. 

Right now, most of the lucrative NFTs projects, like tokenized artwork, sound clips, videos or chat bots, are housed on Ethereum. 

The projects are spreading on Solana to make the most of the blockchain’s low transaction fees. “The low tx fees probably mean we could afford to live in Manhattan,” tweeted Degenerate Ape Academy on September 7. 

And Solana’s blockchain is popular, too—SOL is the sixth biggest cryptocurrency by market cap—a spot it’s nabbed surprisingly quickly since its launch last spring.

But not everyone thinks that Solana will continue to have success in the NFT world. One NFT trader told Decrypt that Solana is “less mature” and is “not going to be the landing spot for high-end NFTs” in the future. 

NFTs are unique: since they are stored on the blockchain, they can’t be counterfeited. But according to other big NFT traders, designers using Solana’s network are able to rip off cheap variants.

Gmoney, a pseudonymous NFT investor, told Decrypt: “There’s nothing original about them. I think if Solana wants to be taken seriously for NFTs then they should encourage people to make new and creative projects. Not copy/paste.”

So far, the biggest (and most expensive NFTs) are Ethereum-based. Who knows whether Solana will overtake Ethereum in the NFT world—but it sure is trying. 

Source: https://decrypt.co/80781/solanas-spin-off-apes-and-penguins-spread-are-spreading-fast

Blockchain

Earn up to 4.75% Yearly When You Stake Your ALGO

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We’re thrilled to announce that Kraken now supports staking for holders of Algorand’s native token, ALGO!

Head into the Earn section of your account to put your ALGO to work today.

What is Algorand?

Algorand is a Proof-of-Stake blockchain that rewards users for contributing their funds as part of the network’s validation process. With a goal of delivering faster, scalable and more cost-effective smart contracts, it departs from the traditional infrastructure that underpins leading cryptocurrencies.

What you need to know

  • You can earn up to 4.75% in yearly rewards, distributed weekly.
  • Deposits require 10 confirmations (~45 seconds). You can add ALGO to your Kraken account by navigating to Funding, selecting the asset and hitting Deposit.

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future.

Trade with caution

Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).

Invest with caution

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://blog.kraken.com/post/11665/earn-up-to-4-75-yearly-when-you-stake-your-algo/

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4 punti Ask Yourself when you are angry al tuo Guy

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Noi-tutti have crazy al tutti i nostri uomini frequentemente, ma occasionalmente è generalmente anche peggiore rispetto agli altri. Potresti pensare quale lui è oltre a danno a te o sei ottenere anche doloroso e sensibile, ma spesso è solo tanto lui com’è tu. Tuttavia potresti sentire che i ragazzi sono semplicemente insensibili, è quello che preso qualunque cosa il ragazzo menzionato completamente sbagliato?

Poco prima entrare un knock-down-drag-out battaglia, potresti volere attentamente cosa veramente andato errato. Se trovi che sei pazzo con lui e anche tu desidero realizzare un po’ di valutazione, può effettivamente ripagare. Questo può aiutare noi al fine di evitare numerosi partite potrebbe anche permettici di osservare circostanze dimostrabilmente. Quindi prendi un passo indietro, fai un buon respiro profondo, e chiedi te stesso queste preoccupazioni la prossima volta sei crazy at the man!

1. Did the guy really mean it just how I preso? I ragazzi sono davvero letterale creature e le donne sono molto mentale creature. A volte ottenere due incontrarsi al centro non è sempre semplice. Devi pensare se il ragazzo veramente significato esattamente come lui è arrivato fuori, o se tu stai verificando altro assorbito. Comunemente uomini answer una preoccupazione o solo rispondere a qualcosa senza fornire circostanze molto pensiero. Se lo desideri assicurati se sei matto con lui o forse no, prendersi cura di consideralo ed estremamente esaminare se lui significato {il modo in cui|il modo in cui|l’hai ottenuto.

2. In realtà è lui un fantastico ragazzo spesso e questo è isolato incidente? A volte potrebbe aver sperimentato un terribile ora, in cui lui prende it per te. Se il ragazzo sente fuori controllo o infastidito allora lui potrebbe clic contro di te, e può essere un incidente isolato. Se è un piacevole uomo spesso, poi tagliato lui un po ‘di flessibilità. Tutti fa errori e questo è probabilmente loro creare, così potresti dover lasciarlo slip. Se lui è di solito davvero in traccia verso sentimenti e si preoccupa di te significativamente, potrebbe essere probabilmente varrà moving last in conclusione.

3. Really does the guy ha una routine di danneggiare mio personale emozioni o eseguito lui solo rispondere a qualcosa? Sii onesto nel tuo valutazione proprio qui da questo in realtà importa dentro grande immagine. Se lui il tipo esattamente chi influisce i tuoi sentimenti tipicamente successivo cioè una motivo sufficiente per essere sconvolto con lui. Se lui è solo rispondere a te o se lui spesso un benefico uomo allora puoi certamente trascurarlo. Se tuttavia lui uno schema di danneggiare le tue emozioni o piazzare suo personale base, avrai bisogno possedere molto di più significativo dialogo.

4. Was I being also painful and sensitive o critico, o forse è tutto questo giustificato? Devi effettivamente avere un senso per quando è tu o se forse è davvero lui. Chiediti davvero se dovresti esserlo diventare anche critico o rapido per rispondere, o se è garantito. Occasionalmente possiamo rispondere e guardare dopo era assolutamente important. Trascorri un po ‘di tempo per in realtà guarda questo e probabilmente varrà passare rapidamente che ogni cosa iniziato in l’iniziale destinazione.

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Blockchain

Bifrost (BNC) Trading Starts October 26 – Deposit Now

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We’re thrilled to announce that Kraken now supports Bifrost (BNC)!

  • Deposits and withdrawals are available starting now. 
  • Trading will begin October 26 at approximately 15:30 UTC.

Note: Trading is not available to residents of the USA, Canada, Australia and Japan.

What is Bifrost?

Bifrost provides staking liquidity to anyone accessing its network. This means token holders can stake any cryptocurrency, such as DOT or ETH, on the Bifrost platform and receive a vToken of equal value (vDOT or vETH), allowing them to access decentralized finance applications while still receiving staking rewards.

Will I receive BNC for contributing to the auction?

What time will funding and trading start?

Deposits and withdrawals are live! Trading starts on October 26, at approximately 15:30 UTC. 

Trading pairs for BNC

  • BNC/USD
  • BNC/EUR

How to deposit BNC

  1. Navigate to Funding and click on Deposit. You can find the asset either by locating it in the list or by searching for “BNC.”
  2. Click “Deposit” next to BNC and follow the on-screen instructions.

Confirmations required before deposits credit

  • 25 (about 4 minutes)

Trading minimums

  • 1 BNC (price precision $0.01 / €0.01)

Fees and funding minimums 

Which services will be available for BNC?

Available

Not (yet) available

Will Kraken list more assets?

Yes! But our policy is to never reveal any details until shortly before launch – not even which assets we are considering. All of Kraken’s listed tokens are available on our website, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be listing in the future. 

Trade with caution

Limit orders are recommended when trading starts since the markets may be illiquid initially. Be extremely careful with market orders and orders that trigger market orders (e.g. stop loss).

Invest with caution

Listing an asset or token for trade is not a recommendation to buy, sell, or participate in the associated network. Do your own research and invest at your own risk.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://blog.kraken.com/post/11639/bifrost-bnc-trading-starts-october-26-deposit-now/

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