NFT superstar Beeple announces collaboration with Solana

Image source: Forbes

Prominent digital artist Mike Winkelmann, known professionally as Beeplewill offer “Immersive 3D NFT” for blockchain Solana.

Stephen Hess, CEO of Market NFT Solana, Metaplex Studios, announced news on Sunday at the conference Breakpoint from Solana to Lisbon, Portugal.

“In partnership with Render Network, we are delighted to welcome Beeple to Metaplex and SolanaStephen Hess announced, adding that Beeple will “inaugurate the future of streaming and immersive 3D NFTs.”

Although he did not reveal many details about this collaboration, a slide accompanying the announcement revealed that users will be invited to “create their own unique NFT with a Beeple Everyday” using a “random set of items and times to do so”.

Read also: Digital artist Beeple’s latest work sells for $28.9 million

Render Network, a peer-to-peer service that aims to provide 3D rendering power, already works with Beeplewho served as an advisor to this platform that allows individual creators and small studios to leverage significant amounts of production distribution power without having to incur the potentially huge expense of building a local render farm.

Beeple’s NFT registry project

In early March 2021, Beeple’s NFT project “Every day: the first 5000 days” from Beeple, which has been in business for about 13 years sold for an astronomical $69.35 million at Christie’sbecoming the most expensive NFT project ever sold, and placing Beeple among the three most expensive living artists.

In November 2021, work man from the artist reached 28.9 million dollars during a sale at Christie’s. The work was composed of an NFT and a physical sculpture.

Solana’s NFTs in freefall

Daily volume of NFT sales on the Solana blockchain He arrived its lowest level in more than a year, amid a steady crypto winter that has seen value of almost all cryptocurrencies drops more than 70% from all-time highss.

More precisely, Daily NFT trading volume on Solana has hovered around $1 million over the past few daysa level not seen since early August 2021. By comparison, Solana’s daily NFT sales volume had reached an all-time high of over $48 million by the end of August 2021.

The decline in interest in Solana’s NFTs has been attributed in part to the rise of the Aptos blockchaina layer 1 proof-of-stake blockchain created by former engineers from Meta.

The protocol, which aims to take advantage of its new smart contract language, movingto achieve a throughput of more than 100,000 transactions per second, a solana-killer.

Follow our affiliate links:

To collect coins during the game:

  • In poker on the gaming platform CoinPoker
  • For a fantastic global football on the platform Sorority

Stay informed with our free weekly newsletter and on our social networks:

Leave a Comment