The Current Market & NFTs

On Friday morning, all of the top cryptocurrencies were up, with Ripple (XRPUSD) seeing the highest gain, surging 3.00% to 50 cents. To reach $1,330, Ethereum (ETHUSD) increased 2.82%. Uniswap UNIUSD, +2.21% grew 2.74% to $6.34, while Ethereum ETHUSD, +2.01% climbed 2.82% to $1,330.81. The price of Bitcoin BTCUSD, +0.65% and Polkadot DOTUSD, +0.37% increased by 1.58% and 1.23%, respectively, to reach $19,688.52 and $6.21. Both Dogecoin DOGEUSD, 0.16 and Litecoin LTCUSD, +0.04% saw price increases of 0.89% to 6 cents and $51.97, respectively.

According to cooperating NFT Company Orange Comet, Anthony Hopkins’ inaugural NFT collection — which includes artwork based on his celebrated Hollywood performances — sold out in less than seven minutes. With visual references to his roles in movies like Silence of the Lambs, for which he earned an Oscar for his portrayal of Hannibal Lecter, and TV shows like Westworld, the collection consists of more than 1,000 unique art works. According to the project’s marketing, the works, which go by names like “The Eternal,” “The Jester,” and “The Lover,” conceptualize “an interpretation of the huge character archetypes Sir Anthony Hopkins has played” in his career. Along with the chance to acquire a piece of digital art, purchasers will also have the chance to score some real-world benefits, such as a private brunch with Hopkins, personally signed prints of the artwork, and audio excerpts of Hopkins explaining the significance of the various archetypes.

An experimental artificial intelligence (AI) bot was made available by the European-based digital asset management platform CoinShares on Thursday, and it may be able to assist traders in evaluating a fair price for some non-fungible tokens (NFT). A user can receive what the experimental project CoinSharesNFTAI, which collects several data sets, considers to be a fair price for a changing selection of the top NFT collections on OpenSea, the most well-liked NFT marketplace. You must copy the OpenSea URL for a specific NFT of interest and tweet it to the bot in order to communicate with it. The bot will then reply with a rough estimate.

Doodle #8859, which was last sold on October 18, 2021 for 4.5 ETH, or around $16,800 at the time, was used by CoinDesk to communicate with the bot. The bot claims that the NFT’s value has since dropped to 9.61 ETH, or around $12,234. According to CoinShares, the bot computes the prices of “the freshest collections” once every week using an algorithm. This includes high-profile initiatives like CryptoPunks, Bored Ape Yacht Club, Clonex, Moonbirds, Doodles, Azuki, and 44 others for the week of October 10–16. As of Thursday, the bot did not classify any NFT projects as a “permanent collection,” despite the fact that it will eventually have permanent collections that it reports pricing on.

It’s not simple to price NFTs, the business tweeted on Thursday. Millions of them are accessible on the market, ranging from well-known projects like Bored Ape Yacht Club to less well-known artists with no trading history; their value is erratic. The technique used by the bot to create a price index from “thousands of NFT transaction records” is said to be based on the hedonic model. Its data focuses on Ethereum NFTs and downloads the properties and previous sales of certain NFT collections using Opensea’s official API.

Spotlight: OpenSea

Decentralized marketplace, OpenSea, makes it possible to purchase, sell, and trade NFTs. A platform for the majority of digital goods, including game items, music, domain names, and more, OpenSea was once dubbed the “eBay for CryptoKitties.” One of the first NFT marketplaces to be established, it was founded in 2017 by programmers Devin Finzer and Alex Atallah and is now the biggest in the world. Millions of NFTs are available for purchase, and it has over one million registered users. NFT newcomers can easily enter the market, mint NFTs, and engage in trading thanks to OpenSea’s clear and user-friendly interface. The website enables you to purchase digital assets from millions of categorized NFTs.

Additionally, you can include NFTs that you have made yourself or acquired from other sources, such as blockchain games. For each secondary sale, creators are eligible for royalties of up to 10%. Although OpenSea has never had a platform compromised, its Discord channel was inundated with fraudulent links in May 2022. According to Fortune, a scammer was attempting to advertise a bogus NFT by using a link that sends viewers to a phishing website. In general, OpenSea is a respectable marketplace for beginners and creators. It is well-known, big, and offers a free mobile app for Apple and Android smartphones. Built on the Ethereum blockchain, users own all assets within the marketplace, not the platform. Ether (ETH) and many other supported cryptocurrencies can be used to purchase NFTs.

Luxury Hospitality

With four dipping pools, an outdoor spa, and, and accordingly, opulent suites, the first vessel from the new Ritz-Carlton Yacht Collection, the 298-passenger Evrima, is preparing to depart Barcelona for Nice, France. After almost three years, visitors may now experience Michelin three-star chef-designed cuisines, luxury lounge areas, and resort-style accommodations with two-story lofts and personal outdoor “terraces.”

The onboard amenities of The Ritz-Carlton Yacht Collection have been meticulously created to educate, enliven, and thrill. The way of life on board is relaxed and casual, with a feeling of freedom and flexibility, much like the slower-paced lifestyle of a superyacht. With glass walls that flow naturally toward the sea and stylish, yet cozy, furnishings, spaces are created to appreciate their natural environment. In addition, there is capacity for the amenities of a luxury resort, such as a sizable selection of water sports, thanks to a remarkable space ratio of more than 89 square feet per person. Cocktails and live music may be enjoyed in the Living Room in the evenings, and late-night dancing can be found in the Observation Lounge. There may even be a local celebrity on board.

Lazy 8ight Yacht Club

Lazy 8ight Yacht Club (L8YC), is integrating Web0 (real world) utility into the Web3 space. In addition to private luxury events in Web0, and one-of-a-kind traversable mega-yacht NFTs, L8YC provides unprecedented yachting services and unique experiences through its exclusive hospitality partnerships. L8YC’s experienced in-house sales team assists with yacht sales needs, whether one is looking to buy their first boat, or trading up for something new. L8YC experts guide clients every step of the way, and Lazy 8ight’s experienced captains also offer one-on-one custom consulting, both virtually, and in-person. The NFT and luxury hospitality company assists boat owners with a vast array of topics, like engine room 101, navigation, yard period consulting, and safety at sea. L8YC members enjoy day charters on one of L8YC’s yachts, starting at just $300. With full and half days options available, holders enjoy access to over 500 day charter yachts, both across the U.S., as well as internationally. L8YC’s in-house team of charter brokers help plan the perfect charter, whether an overnight excursion in Mykonos, or a week-long trip to Alaska. Lazy 8ight designs everything, from the itinerary and activities, down to the vessel itself, all while negotiating the best rates.

Additionally, Lazy 8ight offers private chef services. Their catering partner, The Herbal Chef, curates high-end nights to remember, with the option of CBD & THC infusion to enhance multi-course meals. Chris Sayegh, and his team, create luxury catering for events, offering options like caviar stations, raw seafood bars, luxury buffets, prime beef carving stations, king salmon filets and more. L8YC is also pleased to now offer event security, through their partner, Security & Consulting, and their team of experienced military special operations individuals, ex-law enforcement, and retired members of the intelligence communities. Lazy 8ight’s security partner utilizes extensive training to ensure events are safe and secure, while providing the highest quality close protection, surveillance, and counter measure programs to prominent clients, VIPs, select corporations, and organizations, worldwide.

Be sure to visit Lazy 8ight Yacht Club’s website at http://L8yachtclub.com for minting and luxury hospitality service inquiries, or visit their Discord, Twitter, Medium, and Instagram pages on social media to stay up-to-date on current L8YC news.

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