One NFT per Existing Human and the Pixelmon Controversy

Dutch artist Dadara and digital rights management platform RAIRtech have developed a collection of 7.9 billion identical nonfungible tokens (NFTs).

The collection, called CryptoGreymen, is on the Polygon (MATIC) Ethereum scale network. While each NFT is identical, they are assigned a serial number of up to 7.9 billion to reflect the estimated number of people currently living on Earth.

The collection is designed as a social experiment that Dadara hopes can “rattle the cage of consensual reality and elevate conversation.” He said in an official announcement that the social experiment is simple,

“No specific NFT is better than another, and because coin pricing is widely accessible, it will be interesting to see what value each individual CryptoGreyman holder brings.”

In addition to acting as a social experiment, 2,222 CryptoGreymen will be locked up in a treasury to be used as educational devices by the non-profit Movement on the Ground for refugees who need to learn how to set up a crypto wallet. Movement on the Ground strives for a dignified acceptance of refugees around the world.

Each item is a pixelated copy of the Greyman that Dadara created in the 1990s.

Dadara’s ‘Greyman’ Character

Pixelmon causes controversy

Early minters of the Pixelmon NFT collection were hit with a collective case of buyer remorse when the project unveiled the finished art for the project over the weekend.

Each NFT was minted today for three Ether (ETH) worth approximately $2,900, but the collection’s bottom price on the open sea NFT marketplace is currently 0.36 ETH ($1,051) at the time of writing. In total, the project raised about $70 million.

Immediately after its launch, there was an outcry that the project had provoked investors for the subpar artistic quality of the pieces in the collection.

The roadmap revealed ahead of time showed crisp, clear art for every character in the collection that will become a game. Investors may have expected their NFTs to contain similar artistic qualities.

However, the actual art for the NFTs varied widely in style. They are heavily pixelated versions of the characters depicted in the roadmap, with the Kevin character being so bad it has become a meme in the NFT community.

NFTs of future art for sale

SuperWorld artist Gabrel Dean Roberts has 120 original artworks for sale as an NFT collection. The catch, though, is that the art hasn’t been created yet.

$150 million Omega collection includes Roberts’ future work over the next decade, a custom-designed Rolls Royce Ghost that Roberts designed, planted a million trees, and $1 million to Doctors Without Borders.

The collection is sold on the SuperWorld Metaverse and NFT marketplace.

Roberts said in the official February 28 Announcement that the collection was designed as ‘the highest value NFT ever sold or resold’.

“With 50,000 Ethereum, Omega will disrupt the art world and change the way people see smart contracts as a tool.”

Gemie raises $3.8 million for entertainment Metaverse

Celebrity Metaverse platform Gemie has raised $3.8 million to fund partnerships and fill its NFT marketplace with more collections.

The round was led by Newman Capital, Soul Capital, Kenetic, Sparks Digital Capital and others. Gemie is expected to announce her first celebrity aboard the project in the second quarter of 2022.

CEO of Gemie John Fund said in an official statement on Feb. 28 that he hopes to bring the Asian entertainment industry into the Web3 world by embracing a “new virtual way of fan engagement.”

Other useful news

The South Korean government unveiled a new initiative on February 27 to sponsor the construction and growth of a national Metaverse. The Department of ICT, Science and Foresight has committed $186.7 million to expanding technological, creative, industrial and commercial efforts on the Metaverse to fuel global economic growth.

Japanese e-commerce giant Rakuten is launching its own NFT marketplace called Rakuten NFT. The marketplace will host a platform where property owners can create their own websites created for issuing and selling their properties as NFTs.

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