Key Takeaways Several members of the crypto community emerged as heroes even as the market suffered a sharp decline in 2022. Key industry figures took...

Kevin is a meme born out of a specific species trait in the Pixelmon NFT collection, which became immensely popular due to its unconventional appearance. The non-fungible token (NFT) space is littered with relics of failed collections that have fallen because of self-inflicted wounds that lead to catastrophes. Today’s feature is no different and is arguably […]

The post Kevin: The Birth of a New NFT Meme appeared first on Asia Crypto Today.

Bored Ape Yacht club asks users to disclose their real identities for a mystery project.

March 2, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Bitcoin had its biggest gain in a year on Monday. The[...]

The post Meet Kevin, The Ugly $18,000 Meme appeared first on Unchained Podcast.

The Pixelmon development team has revealed the latest in-game art for the title, which is set to be “the first AAA quality game of the NFT space.” The game turned out to be disappointing according to some.  Pixelmon NFT is a project that just made a major splash when it raised more than $70 million [...]

The post Pixelmon Controversy: In-Game Art Quality Comes Under Fire appeared first on Blockonomi.

Welcome to the Nightly Mint – a new content series from our team at NewsBTC that provides all the quick hits at the end of each day around all things NFT. Each weekday, we’re bringing you a daily NFT recap of the latest bites of action – spanning across news headlines, community chatter, and a closing “minty fresh” take that we’ll share each day to keep the curiosity cooking. The Nightly Mint New TIMEPieces Mint TIME Magazine has easily been the most aggressive traditional publication to get NFTs right. TIME dropped their latest ‘TIMEPieces’ launch today, raising funds for humanitarian relief efforts in Ukraine. Pixelmon Takes Heat Chatter around the NFT community today was aplenty surrounding the massive flop of Pixelmon, an NFT project that raised a staggering $70M, and promised a high-flying roadmap. It’s been a flop of epic proportions, quickly becoming a bit of the ‘flavor of the week’ laughingstock in the NFT space: Pixelmon had an art reveal so terrible, ‘Kevin’ is being labeled a historical NFT pic.twitter.com/A2ummGDypV — ThreadGuy.eth 💫 (@DiscoverXnft) February 28, 2022 Related Reading | Bitcoin Mining More Damaging To The Environment After China Ban, Study Says KPMG Canada is purchasing an NFT just a few short weeks after adding Bitcoin and Ethereum (ETH) to their portfolio. | Source: ETH-USD on TradingView.com KPMG Canada Buys ‘World Of Women’ NFT KPMG is one of the ‘big four’ accounting firms with operations that span across the globe. In an announcement today, the Canadian division at KPMG has purchased a ‘World of Women’ NFT as “part of it’s corporate strategy.” The floor price on WoW is currently around $25K. A Managing Partner of Advisory Services at KPMG Canada, Benjie Thomas, stated: “This acquisition reflects our belief not only in the continued growth of NFTs, but in the value of WoW and its mission. Having now gone through the process, we are well-positioned to guide our clients around building a corporate NFT strategy, including, acquiring and safeguarding NFTs.” Projects like WoW that stand for gender equity in a predominantly male environment are primed to be major players for institutions that desire purpose-driven NFT investments. The ‘Minty Fresh’ Take Today’s minty fresh take comes courtesy of @mikethreezy on Twitter: there is nothing about an NFT that is inherently related to art. NFTs are much broader, non-fungible things, and the kinds of things they represent irl will likely grow exponentially expecting ppl to have more interest in the art tokens is setting urself up for disappointment — mike three 🔻 (@mikethreezy) February 28, 2022 At NewsBTC and our sister network Bitcoinist, we’ve been covering all sorts of potential use cases for NFTs as we look ahead; don’t be surprised to see more and more projects that are less focused on strictly art, and more focused on utility. Related Reading | Bitcoin In Demand, Bulls Enjoy 9% Surge Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice.

Pixelmon, one of the most-hyped NFT games this year, revealed its in-game artwork last Saturday. However, not to the amusement of early investors.  I was laughing out so loud in my living room and now my 5 year old thinks less of me hhah — Cryptoism🦇🔊 (@Cryptoism888) February 27, 2022 Pixelmon founder calls reveal a […]

The post Pixelmon Artworks Revealed And They’re Hilariously Ugly appeared first on CryptoCoin.News.

Syber, the founder, said an alpha release of the game is still planned for later this year.

Pixelmon, a non-fungible token (NFT) project that raised over $70 million earlier this month, has recently revealed the artworks for which users paid up to $10,000…and the crypto community has been having a field day with them ever since.

The post Users deride $70M NFT project Pixelmon following reveal of its ‘art’ appeared first on CryptoSlate.

Pitched as the ‘first AAA quality game of the NFT space,’ the play-to-earn open-world role-playing game can allow users to purchase NFT Pixelmon for astonishing prices. Recently, the developer launched a demo video of the game built on Unity Engine. A user cannot trade, battle, or capture any of the Pixelmon. However, they can purchase the Pixelmon and run around! The concept of the game sounds interesting and the monsters in the game are interactive NFTs. The project was launched in a Dutch auction starting at 3 ETH and was sold out in less than an hour. The project gained around $80 million in a span of an hour.  However, it soon became a laughing stock in the NFT space. Pixelmon’s 3D NFTs, according to the buyers, are atrocious. Purchasers have taken to Twitter to share their losses upon finding that their Pixelmons do not look good at all.   The NFT game’s founder Syber apologized to purchasers for their mistake. He explained that due to the enormous funding, the team was pushed to reveal the artwork that wasn’t ready. Syber assures purchasers that their team is pledging $2 million of the funds to redesign and remodel their NFTs with higher quality.  Early morning today, a Twitter handle by the name ‘zachxbt’ shared a tweet,  So @Pixelmon raised over $70m at 3 ETH per mint just for them to reveal like this. I think it’s fair to say all the buyers were rugged. Stop supporting cash grab NFT projects. pic.twitter.com/8VShQxNlgl — zachxbt (@zachxbt) February 26, 2022 Yet another fraudulent NFT project brought users together to share a trending sentiment of scams that one must become wary of. Video game digital distribution service, Steam’s founder Gabe Newell stated that they do not entertain NFTs and blockchain technology. In his opinion, these projects are “involved in a lot of criminal activity.” Pixelmon seems to be a good example of what Newell claimed. 

The post NFT Game Pixelmon Disappoints Users By Game Visuals appeared first on Cryptoknowmics-Crypto News and Media Platform.