Nifty News: Ellen's NFT auction flops, Oscars controversy, Kayne's $1.8M sneakers, and more
The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat" NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT.
The drawing appears to have been created with minimal effort in a bid to satirize the notion that any old celebrity-peddled junk will sell as an NFT.
A Platinum video monologue about NFTs by Ellen fetched the highest price — $14,555. In total, the sale has raised just $33,455 for the World Central Kitchen food relief charity — even after being promoted on her nationwide talk show and to her 79M followers on Twitter. But perhaps it was just the wrong audience.
While there was a backlash in some quarters of the crypto community against the sale, any mainstream publicity for NFTs is good publicity right?
Charity crypto founder wanted
Lending further weight to the idea that NFT investors are getting a little more choosy, the “world's first founding charity NFT,” Covid:aid, remains without a bid one week after opening the bidding.
Covid:aid aims to support those affected by the pandemic, and whoever buys the NFT — an image of the new charity's logo — will also received the coveted title of “Covid:aid Founding Crypto Philanthropist.” Originally listed at a reserve price of 1 ETH on April 21, the reserve was dropped to 0.1 ETH the following day, but is yet to attract a bid.
The Golden State Warriors has become the first professional sports team to release its own NFT collection on OpenSea. Up for auction this week, the Legacy Collection includes tokenized championship rings and ticket stubs from iconic games dating back to 1947, as well as NFTs including some IRL experiences. The team's interest in the space was reportedly sparked by the success of NBA Top Shot, which has made half a billion in sales since launching.