After achieving fame in 2022 for selling selfie NFTs, Sultan Gustaf Al Ghozali is staging a return with a new project combining NFTs and memecoins. Ghozali recently revealed details about the project and a presale address on March 24.
Soon after the announcement, the presale address received 527 Ether (ETH), equivalent to approximately $1.8 million. However, Ghozali stated that he would refund any funds exceeding the 400-ETH limit he had set for the project.
BlackRock Receives Memecoins, NFTs After Depositing $100 Million USDC On-Chain
Following the creation of the BlackRock USD Institutional Digital Liquidity Fund, asset management firm BlackRock attracted attention when it deposited $100 million in USDC. As a result, the firm's wallet received various memecoins and NFTs from undisclosed crypto users.
Tokens sent to the BlackRock wallet included items like the Pepe coin from Bitcoin Ordinals and a CryptoDickbutts S3 NFT.
Pixelmon CEO Bets on Fractionalized NFTs for Project Revival
Pixelmon, a crypto project previously criticized as the “worst NFT project,” is embracing fractionalization as part of its strategy for a comeback. CEO Giulio Xiloyannis expressed plans to redesign the project's artworks, with the exception of the popular “Kevin” NFT piece.
Xiloyannis mentioned that Pixelmon would incorporate Web3 elements and allow NFT holders to earn royalties when their NFTs are used beyond the game. Additionally, traders can purchase fractionalized portions of NFTs and receive earnings based on their ownership percentage.
CryptoPunks Achieve $16 Million NFT Sale in March
The renowned NFT collection CryptoPunks witnessed a significant transaction in March, with CryptoPunk #7804 selling for 4,850 ETH, equivalent to around $16.4 million at the time of sale. This marked the second-largest sale in the history of the collection.
The previous owner bid farewell to CryptoPunk #7804, describing the sale as the “end of an era.” The NFT was initially purchased for 4,200 ETH in 2021, worth about $7.5 million at the time.
Thanks for exploring this roundup of noteworthy events within the NFT space this week. Return next Wednesday for additional reports and analysis on this dynamic sector.
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