Author: Jeremy Ryan
Jeremy Ryan
Jeremy Ryan is Founder and CEO of NFT Demon Holdings LLC. After becoming the largest NFT artist on BNB Chain pretty much overnight with no resources he became an entrenched figure in the industry. As years went on he expanded to AI and quantum computing but has kept his roots in crypto. NFT Demon Holdings LLC is the premier consulting firm in blockchain, AI, and quantum computing amongst celebrities, Fortune 500 companies, and quantum computing. Jeremy oversees a role in all operations.
Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE A Bitcoin Ordinals inscription from the Quantum Cat project has sold for more than $250,000 at Sotheby’s, the famed auction house announced on Monday. The “Genesis Cat” Ordinals inscription by digital artist FAR received over 50 bids, according to Sotheby’s, with the winning bid hitting 6.31 BTC, or about $254,000. Earlier this month, Taproot Wizards announced the Quantum Cats collection of Bitcoin Ordinals inscriptions. The project of 3,333 images cost over $66,000 to create on the Bitcoin blockchain. The sale for the wider collection is set to take place on January 29.…
The “Genesis Cat,” a standout digital art piece from the Taproot Wizards collection, recently fetched $254,000 at a Sotheby’s auction. This sale signifies not only the value of the Genesis Cat in the digital art market but also underscores the burgeoning interest in unique digital creations minted via the Bitcoin blockchain’s Ordinals protocol. The Ordinals Protocol and Its Impact on Digital ArtThe Ordinals protocol, developed for the Bitcoin blockchain, has opened up new possibilities for digital art creators. Unlike the more commonly used Ethereum blockchain, which has faced scalability issues during times of high traffic, the Bitcoin blockchain’s Ordinals protocol allows…
Meta’s (formerly Facebook) continued efforts in the digital assets industries are being called out by Rep. Maxine Waters (D-Calif.). The congresswoman said in a letter sent Monday to CEO Mark Zuckerberg and Chief Operating Officer Javier Olivan that she is concerned about Meta’s ongoing efforts to expand its footprint into the cryptocurrency industry as it currently has five active trademark applications with the U.S. Patent and Trademark Office (USPTO). “I write to express my concerns regarding Meta Platforms, Inc.’s (f/k/a Facebook, Inc.) filing status of five trademark applications related to various digital assets services and blockchain technology with the U.S.…
Sparking the latest mystery surrounding Bitcoin Ordinals, someone airdropped 21,000 digital inscriptions as a part of an apparent game promotion on Sunday. “A technological arms race has begun—21,000 cutting-edge RSICs, manufactured in our factory, are being sent from our distribution centers to the Ordinals community,” a message inscribed in inscription 56,754,110 reads. “The RSICs are designed for the sole purpose of securing a bag of runes. These runes will be etched in our foundry after the runes protocol launches on Bitcoin.” BREAKING: Someone just inscribed a 21,000 piece generative art collection onto Bitcoin as an airdrop to the Ordinals community!…
“Genesis Cat,” a digital art image minted atop the Bitcoin blockchain’s Ordinals protocol by the Taproot Wizards team, has sold for $254,000 in a Sotheby’s auction. The image was a special edition 1-of-1 piece by the Taproot Wizards artist Francisco “FAR” Alarcon, featured as part of a broader sale of Ordinals inscriptions by Sotheby’s. The auction started on Jan. 12 and concluded on Monday. The sale price for Genesis Cat was more than 12 times the estimated $15,000 to $20,000 for the lot, and comes after Sotheby’s last month sold three pixelated images from the “BitcoinShrooms” collection for a combined…
In a groundbreaking partnership, Polytrade Finance, the leading Web3 protocol specializing in real-world assets (RWAs), and Horizen EON, the EVM-compatible smart contracting platform, are joining forces to usher in a new era of decentralized finance (DeFi). The collaboration aims to enable the seamless trading, fractionalization, and exchange of a diverse array of real-world assets within the Horizen Ecosystem. Polytrade, recognized as the first global marketplace exclusively dedicated to tokenized real-world assets, is set to leverage its innovative platform to address the growing demand for RWAs. The Polytrade Marketplace will empower Asset Originators to tokenize a wide spectrum of assets, including…
Darewise Entertainment, a subsidiary of Animoca Brands and the developer of ‘Life Beyond,’ alongside Animoca Brands Japan, has partnered with Honda. This collaboration aims to co-develop Web3 automotive gameplay in ‘Life Beyond,’ an upcoming AAA science fiction game.Game Development and Web3 Automotive GameplayAccording to Animoca Brands, the joint effort will involve developing new gameplay elements and game assets for ‘Life Beyond.’ Specifically, this includes in-game items, activities, and Ordinals featuring Honda. The partnership between these two companies will add utility and style to the game and enhance the gaming experience through combined innovation.Source AnimocaThe integration of Honda’s innovation and craftsmanship…
Re-staking protocol EigenLayer plans to adopt a “shared security” system, a mechanism allowing protocols to join the network by leveraging a common pool of ETH stakes. EigenLayer offers a protocol for users to deposit and “re-stake” ether from various liquid staking tokens, aiming to allocate those funds to secure third-party networks. The project’s first stage was released on the Ethereum mainnet in June 2023. In the future, the team intends to nudge the project into a major decentralized application platform and enable other projects to launch, leveraging the so-called shared security. That version will enable the amount of ETH re-stakes…
With a new solution, Flare’s validator scene becomes larger and more decentralized than ever before. Also, the collaboration advances the synergy between off-chain and on-chain data for Flare and every of its dApps. Google Cloud joins Flare as validator, starts supporting FTSO Starting from Jan. 15, 2024, Google Cloud supports Flare’s proof-of-stake (PoS) consensus mechanism, proposing and validating new blocks on the Flare blockchain together with amost 90 peers from across the globe. Besides that, Google Cloud is now a part of Flare Time Series Oracle, or FTSO, a Flare’s eccentric decentralized oracle mechanism. Flare onboards @GoogleCloud as an infrastructure…
Franklin Templeton CEO Jennifer Johnson says the $1.5 trillion firm is proud to have been the first to launch a fully on-chain fund on a public blockchain—the Stellar network. She believes that the spot Bitcoin ETFs have a massive market to exploit in asset managers who would like to tap into crypto but are put off by the security and custody risks. When it launched nearly eight decades ago, Franklin Templeton focused on conservative investments like mutual funds. Today, it is pushing the boundaries by pioneering novel investments and technologies, including blockchain. The company was the first on Wall Street…
