Co-founder Kevin Rose said the "Proof of Conference," scheduled for May, had been canceled due to "lower-than-anticipated interest." Kevin Rose, co-founder of non-fungible token (NFT) series Moonbirds, has confirmed that the flagship Proof of Conference, scheduled for May, has been canceled, citing “lower-than-anticipated interest.” The conference was first announced in early November. It was originally scheduled to take place in Los Angeles from May 11 to May 13.
However, Ross explained in a Feb. 20 letter to bearers that now is not the "right time" for the meeting: “As you know, in the world of NFTs, timing is everything. And today, it’s time for us to recognize that right now isn’t the right time for the PROOF of Conference.” Ross explained that he and his Proof team considered alternatives, such as choosing a smaller venue in Los Angeles, reducing the scope of the event and lowering ticket prices.
But in the end, it's best to cancel the entire event, he said. Rose Confirms Company Is Handling Ether Proof of Refunds has a claims page for people to submit non-refundable flight cancellations. The event featured Michael “Beeple” Winkelmann the artist behind the famous NFT that sold for $69 million in March 2021 and Reddit co-founder Alexis Ohanian ( Alexis Ohanian); Greg Solano and Wylie Aronow of Yuga Labs; and NFT entrepreneur Gary Vaynerchuk among others.
While the NFT market has soared in recent months, monthly NFT trading volume hit an eight-month high in January, surpassing $1 billion. The appearance of NFT-like “Ordinals” on Bitcoin last month has recently brought a series of meme images to the web, including the famous Bitcoin wizard meme that first circulated on the Bitcoin subreddit in 2013.
Meme Artist Known as 'Mavensbot' Just Received 6 Bitcoins Thanks to Ordinals - His iconic piece is worth $150,000 at current prices. This became possible after blockchain research analyst Udi Wertheimer and meme-inspired Bitcoin community Taproot Wizard etched the wizard meme onto Bitcoin, not only to "celebrate the 10th anniversary of his art," but also to Earned some cash for the creator of the meme, according to Wertheimer, "Mavensbot". In the first three hours alone, the “NFT Enjoyer” sent Mavensbot 6 bitcoins via the Lightning Network.
Taproot Wizards is part of a movement that wants to “make Bitcoin magical again” by forever engraving the magical internet JPEG on the Bitcoin blockchain. However, Wertheimer emphasized that not everyone supports the whole Ordinals concept, especially “Bitcoin maximalists.” Australian cocktail and NFT connoisseurs have a new Sydney venue to hang out — one that allows its NFT holders to earn extra perks at the bar.
Sydney-based cocktail bar Bar Lulu opened on February 21 alongside an NFT membership club bar called Cryptolulu.
Patrons based in Sydney must purchase an NFT membership club bar on OpenSea, an NFT marketplace on the Ethereum network, to gain access to certain privileges. There are three types of tokens that can be purchased - Jia Lulu, Qiao Lulu and Long Lulu.
Each NFT represents a different tier of its membership, which unlocks unique incremental rewards, priorities, and benefits.
Token holders can attend various Web3 networking events and educational sessions, and are granted access to exclusive private lounges, dinners, and more.
Bar Lulu claims the NFT membership program is an Australian first. The pub added that the launch comes months after seeing similar experiments succeed in the overseas hotel industry.
Former Amazon and Starbucks executive Ben Straley founded NFT startup “Thred,” which aims to be the Yelp, Tripadvisor or Zillow of the NFT industry. Launched on Feb. 16, the NFT-focused startup will help users discover and review NFT collectibles, according to a TechCrunch report. Straley's entry into the NFT space comes as a result of his 25 years of leadership roles in digital products and customer experience.
Thred’s platform will combine automated machine learning and algorithms to rank NFTs on the Ethereum and Polygon networks.
It will help potential buyers better understand what collectibles are about and help differentiate which NFTs are legitimate.
