Trump Drops Series 2 NFT Series Ahead of Presidential Campaign
Another round of digital non-fungible token (NFT) trading cards with the likeness of former US President Donald Trump dropped, with 38,001 minted on Polygon. The collection launched on April 18 for $99 each, with a base price of 0.0659 ether (ETH) , or $145, and a volume of 592 ETH ($1.2 million), according to NFT marketplace OpenSea.
Based on the 10% collection creator fee, sales have exceeded $100,000, while initial subscriptions have generated an additional $3.76 million in revenue based on the $99 selling price. On Instagram, Trump suggested he keep the same price as the first season, " want my fans and supporters to make money and have fun," adding:
"I could have raised the price higher, I'm sure it would still sell well and I'd get more money, but I didn't choose to. Wouldn't I get compliments from 'nice people'?" The reserve price for the original series, announced on Dec. 15, 2022, has dropped 61% in the past 24 hours, according to OpenSea data, despite a 1,011% increase in transaction volume.
Meta opens Horizon Worlds to teens to attract more users
Teens in the US and Canada can now use the virtual reality (VR) app Horizon Worlds after major tech company Meta opened the app on April 18. Previously restricted to those 18 and older. The decision came after Horizon Worlds fell far short of its monthly active user target for 2022, recording an average of just 280,000 for the year, according to data site Statista, against its target of 500,000.
Various advocacy and security groups are urging Meta CEO Mark Zuckerberg to halt plans to allow minors into his Metaverse. An open letter dated April 14 argued that Meta should wait for more peer-reviewed research on the potential risks of allowing young people into the metaverse. The letter claims minors will face harassment and privacy violations on the VR app, which is still in its early stages. Meta's announcement appears to address these concerns, as it focuses largely on the ways in which it plans to mitigate these risks through such features Parental monitoring tools and limiting interactions between teens and adult strangers.
Nike Launches First .SWOOSH Digital Collection With NFT Sneakers
Global athletic brand Nike has launched its first NFT collection, a digital version of its “iconic” Air Force 1 sneaker from 41 years ago, through its Web3 community platform .SWOOSH. The Polygon-based NFT costs less than $20 and is available to all .SWOOSH members. According to Nike, NFTs will have a range of perks, such as "special access to physical products and experiences." Nike added that it will "introduce other new utilities and benefits" to its virtual creations in the near future.
After Nike announced it would launch an NFT marketplace in November 2022, its community voted that Nike's first collection of digital assets should be based on its Air Force 1 sneaker.
Smurfs enters Web3 with a new series of NFTs
The hit film and animated series The Smurfs will launch a new NFT collection tied to the Web3 platform The Smurfs' Society. The first public auction of a collection of 12,500 NFTs, featuring 3,000 NFTs depicting various Smurf characters, began on April 1 8 with an average bid of 0.02 ETH ($42). According to The Smurfs' Society, NFTs will allow owners to participate in VIP events, earn unique rewards and participate in members-only games.
Some of the bidders appeared to be either big fans of the Smurfs or speculated that the price would rise after minting, as the top three bids were for 847 NFTs.
Over 250 available characters including Papa Smurf, Smart Smurf and Smurf. According to the Smurfs Association, the series will feature more than 350 unique traits.
