Lacoste launches NFT and DAO
Accessible luxury brand Lacoste has launched an NFT project called “Undw3” that includes a new decentralized autonomous organization (DAO) that will give token -holders voting power on certain products and business partnerships.
There were 11,212 NFTs in total – on the nod to the popular polo shirt company L1212 – that sold for a mint price of 0.08 Ether (ETH) or about $ 96 a pop yesterday.
NFTs depict animated alligators that stick their peaks out of the water, and the collection seems to have enough demand due to the OpenSea price from now on. more than double for 0.193 ETH ($ 233).
The company has not discharge full details of the roadmap and utility are available for NFTs hodlers, but it has been confirmed DAO will allow users to participate in the “creative process” on several products and partnerships in the Lacoste Underwater line.
Owners will also have access to unique customization features in the Lacoste clothing line, but it’s unclear if they will have to spend money for the product or will receive certain free gifts.
Lacoste also signaled via Twitter that it might see Metaverse integration, but noted “we can’t say much more about it except: ready to ser.”
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At 12h12 CET time, you will have the opportunity to mint a #deep water NFT.
Do you know what you will get by having it #NFT below?
Let’s dig together. #UNDW3 1/7 pic.twitter.com/HyOqwRzVQ0– Lacoste (@LACOSTE) June 14, 2022
Not everyone likes the idea of doing Creative Labor.
“So in return for buying your NFT, you’ll receive creative customization ideas for free? And do I still have to buy custom -made clothes? Also, do I have to attend meetings? Not sure how to benefit from anything here…” questioned OffKeyMagazine on Twitter.
921 ETH profits in Bosen Ape
Despite the floor price of the NFT project Bored Ape Yacht Club Yuga Labs down to about 86 ETH this week (at $ 100K) investor BoredWEB3 pay eye-watering 1,024 ETH ($ 1.22 million) for Ape # 7537 overnight.
The trade gave a profit of 921.12 ETH to DB1C00 traders, or about $ 914,000 in fiat terms, as they bought NFT at a price of 102.88 ETH 305,553 on March 22nd. Previously, NFT was only 40.99 ETH eight months ago.
It’s unclear what caused people to spend more than $ 1 million on a single NFT in the bear market, but BAYC NFT has relatively rare properties including police motorcycle helmets (1% have this property), Bandolier (2% have this property) and closed. eyes (7% have this trait).
Bill Gates is not convinced with tokenized apess
Microsoft founder and billionaire Bill Gates has slammed the NFT project as “based on a more stupid theory.”
He does comment while speaking at a climate conference in California on Tuesday hosted by TechCrunch, and in this case he noted that he was neither long nor short of all sectors, and sarcastically stated:
“Obviously, expensive digital images of monkeys will enhance this world.”
Gates is a well-known crypto skeptic who has slammed Bitcoin (BTC) on several occasions, and most recently in February, he warned investors that unless they have as much money as Elon Musk, they should stay away.
“I’m not bullish on Bitcoin, and the general thought would be: If you have less money than Elon, you should probably watch out,” he said.
related: NFT tickets could be even faster in France after the UEFA champions disaster
The Colorado governor raises funds through NFT sales
Colorado Governor and Democrat Jared Police opened 2,022 NFTs were part of a fundraising campaign in the lead-up to the Colorado gubernatorial election in November.
NFTs depict Police standing in front of a rainbow-colored mountain, a pair of hanging sneakers and a Gia dog who has a red laser fired out of his eyes. The tokens were released on June 13 and cost $ 52.80 each.
At the time of writing there are still 1895 NFTs sold, and if the Police sale would raise approximately $ 118,893 from this fundraising initiative.
Another good news
OpenSea announced Tuesday that it will migration to the Port. Among the many benefits, the protocol will feature lower gas costs, the ability to bid on all collections, eliminating new account start -up costs and easier user signing options.
The Securities and Exchange Commission (SEC) is reportedly launching an investigation to find a way crypto exchanges and potential NFT platforms used to prevent insider trade.
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