Bybit NFT GrabPic Launch: Meet our First Batch of NFT Projects!

Bybit NFT GrabPic Launch: Meet our First Batch of NFT Projects!

ICYMI, we recently announced the launch of GrabPic — a NFT program on Bybit where you can get your hands on high-quality NFTs at attractive prices. Trading NFTs has never been more fun!

 

Coming soon on Aug. 15, 2022, 10AM UTC, we are stoked to launch our first batch of NFT projects! Score NFTs from crypto artists, GameFi and Metaverse projects. As an NFT holder, you can get lucky with numerous airdrops!

 

That’s not all — keep your eyes peeled for our upcoming GrabPic Merge Card rewards. By merging, burning and staking multiple NFTs, users can upgrade the value and uniqueness of their NFTs. The first batch of GrabPic NFTs will be available for open merge activities, with the full merge function launching at the end of August, 2022. Stay tuned for more updates!

 

But first, here’s a sneak peek on our very first batch of GrabPic NFTs:

 

Zero to Hero — the very first NFT book on Bybit

Launch date: Aug. 15, 2022, 10AM UTC

Price: 2.99 USDT

 

About Zero to Hero:

Zero to Hero was created by crypto key opinion learder, Anndy Lian. Users with NFTs can view the complete NFT book collection here.

 

Rewards for holders:

  • There are 10,000 Zero to Hero NFTs in total, with 8,000 available for primary market release. There are a total of 300 Legendary NFTs in the series, where 20 Legendary NFTs will be sold in the primary market, and the rest will be obtained through merge rules.
  • Holders of Zero to Hero NFTs can get airdrop rewards from the other two (2) projects —1,500 WTF PFPs and 1,500 SIMP NFTs.
  • Zero to Hero NFTs can be upgraded to higher-value, mystery NFTs by merging with the Zero to Hero music NFT.
  • Zero to Hero NFT holders will have a chance to obtain a GrabPic Merge Card. Updates will be announced on Aug. 22, 2022.

 

SIMP

Launch date: Aug. 17, 2022, 10AM UTC

Price: 0.01 USDT

 

About SIMP

SIMP collection was created by a scientist on Valhalla planet in the WAG-mi2 galaxy. The planet’s civilization is about to be eliminated due to the collapsing gravity of another galaxy. To preserve the planets legacy, the scientist broadcast images of their culture and civilization. Read more here.

 

 

Rewards for holders:

-There are 10,000 SIMP NFTs in total, with 5,000 available for primary market release.

-There are a total of 300 Legendary NFTs in the series, where 20 Legendary NFTs in the first batch will be sold in the primary market, and the rest will be obtained through merge rules.

-Holders of SIMP NFTs will receive airdrop rewards from the WTF project. A snapshot will be taken on Aug. 19, 2022, 9AM UTC. Holders with five (5) or more SIMP NFTs will receive a WTF NFT airdrop.

– SIMP NFT holders will have a chance to obtain a GrabPic Merge Card. Updates will be announced on Aug. 22, 2022.

 

WTF

Launch date: Aug. 19, 2022, 10AM UTC

Price: 0.01USDT

 

About WTF

Mamo.wtf is a profile picture (PFP) NFT project with 10,000 pieces. The NFT collection is inspired by artificial intelligence, outer space and civilization. Read more here

 

Rewards for holders:

  • There are 10,000 WTF NFTs in total, with 5,000 available for primary market release.
  • There are a total of 300 Legendary NFTs in the series, where 20 Legendary NFTs will be sold in the primary market, and the rest will be obtained through merge rules.
  • Holders of WTF NFTs will receive surprise airdrop rewards from upcoming projects.
  • WTF NFT holders will have a chance to obtain a GrabPic Merge Card. Updates will be announced on Aug. 22, 2022.

 

Original Source: https://blog.bybit.com/en-us/post/bybit-nft-grabpic-launch-meet-our-first-batch-of-nft-projects–bltd6da09b1cee5912f/

 

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Monthly NFT sales fall below US$1 billion for first time in 12 months

Monthly NFT sales fall below US$1 billion for first time in 12 months

Crypto industry sales are slumping, but it’s not just hedge funds and lenders that have been hit hard by the crypto winter. The NFT industry has also begun to feel the chill.

The troubles at crypto hedge funds and lenders were a center of attention in June, but business in the non-fungible token (NFT) market also got hit, with monthly sales dipping below US$1 billion for the first time in 12 months, according to NFT data aggregators CryptoSlam.

For context, June last year was the same month that Axie Infinity exploded in popularity, putting NFTs and play-to-earn gaming on the map in the process.

Plummeting crypto prices share some of the blame for the poor NFT sales, but unique monthly buyers in June also fell almost 50% from a high of more than 1 million in January and now stand at less than 600,000 for the first time since July 2021.

In another telling sign, the floor price for a Bored Ape Yacht Club — one of the biggest NFT collections — fell below US$100,000 for the first time in over a year in mid-June to a low of US$86,277. That’s almost an 80% plunge from a high of more than US$400,000 in late May.

“The NFT market has not been immune to the crypto market (and business) turbulence and when coupled with [traditional finance] downturn — in particular the tech stocks crash — it is a perfect storm for loss of confidence,” Jonathon Miller, Australian managing director of crypto exchange Kraken, told Forkast in shared written commentary.

The 70% drop this year in the price of Ether, the world’s second-largest cryptocurrency, also influenced NFT trading, as it’s the native token of Ethereum, the most popular blockchain for hosting NFTs. Ether prices traded around US$1,055 on Monday in Asia.

However, after a volatile few weeks, crypto prices held relatively steady over the weekend, with all major coins fluctuating no more than 1% in the 24 hours through Monday afternoon in Asia.

Bitcoin held steady around US$19,300 over the weekend after dropping below US$19,000 for the first time since December 2020 on Friday to change hands at US$19,133 at press time. Amid this NFT market downturn, Kraken is set to join the likes of Binance and Coinbase by opening the waitlist for its own NFT marketplace set for full release in the next few months.

“The seeming collapse of closed book lending businesses may be viewed in the long run as a reminder that open transparent infrastructure is ultimately the foundation upon which a new wave of digital financial tools will be built,” Miller said.

“The projects and businesses that stay as true to this as possible are the ones that can weather the storm,” he said.

Another way NFT marketplaces or exchanges can stand out from the crowd is by specializing and offering unique services, for instance by focusing on sports-based NFTs, according to Anndy Lian, Chief Digital Advisor, Mongolian Productivity Organization, and a blockchain author.

“I think the NFT market could recover faster than the crypto original market,” said Lian, highlighting partnership deals between Binance and Portuguese soccer player Cristiano Ronaldo as a sign of what’s to come.

“All these moves, which cost perhaps hundreds of millions, are telling us that this will be a big strategy,” he added. “We cannot just depend on what you see in crypto native; you need to bring in new blood.”

Original Source: https://forkast.news/monthly-nft-sales-below-1billion-12-months/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Yahoo: How Yuga Labs’ NFT sale failed to put its community first

Yahoo: How Yuga Labs’ NFT sale failed to put its community first

The largest and perhaps most highly anticipated NFT sale so far this year took place recently when Yuga Labs launched their sale of virtual land to ApeCoin holders for around US$5,800 (the clearing price was set at 305 ApeCoin). The huge level of demand for the hugely popular Otherdeed NFT mint, which raised about US$320 million, created a two-fold problem for the Ethereum-based sale. Firstly, the steep rise in the volume of transactions led to a spike in the price of Ethereum gas fees, requiring people to spend around two ETH (approximately US$6,000) in fees to mint. Secondly, many of the participants in the sale, due to the bottleneck in demand, both missed out on the minting and lost their Ethereum in the process.

 

 

Original Source: https://finance.yahoo.com/news/yuga-labs-nft-sale-failed-030400730.html

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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