Trader News & Articles

Currently, just more than nine percent of all wallets holding TOMIE by Junji Ito are sharp wallets, according to Lucky Trader's Sharp Report.

The collection has seen 264 ETH in sales today according to our project rankings page.

Several users rushed to defend Stanley, who has been working on the Robotos animated children's show, which is currently in production.

Some were critical of Stanley and his new project, though a bulk of Stanley's replies seem to be to deleted users, some of which had been banned. 

Robotos holders can mint two Humankind NFTs for a price of 0.09 ETH on Thursday, Nov. 17 at 1:18 p.m. ET during an "oversubscribed" allowlist. The early access list minting opened today and the floor price is just a bit higher than the mint price — 0.098 ETH — 0.01 ETH higher than Robotos floor price.

"I don't want traders here. We need collectors," said Stanley in the Discord. "If you're a trader, it's time to go."

Carson confirmed his departure from the NFT project to those people, saying he received “several messages” after the launch of VCX’s NFT suggesting he look more into the company.

“I am not accusing the team of any illegal activity but I no longer believe the team has the experience I require for me to endorse the project,” said Carson in direct messages to buyers. “I take full responsibility for putting my name behind this project and I am personally refunding those who minted because of my involvement.”

Carson said Sunday that he had reached out to about 110 people who had minted an average of two NFTs each. The mint price was 0.5 ETH.

(Lucky Trader is a sponsor of Carson’s Twitter Spaces show, NFT Daily Dose.)

The floor price fell from 0.4 ETH to 0.25 ETH as discussions surrounding Carson’s exit were being had in the VCX Discord Saturday. The floor is now 0.12 ETH, as of Tuesday morning.

VCX said it was “shocked and disappointed” by Carson’s departure and “how it was notified to the public” in the aforementioned Discord announcement Sunday.

“We are disappointed that Ryan feels this way, and wants to withdraw his advisorship, but ultimately it is his choice and we will continue to move forward,” VCX’s cork said in the announcement. “We want to make it clear that the team was doxxed a few months ago to show trust and transparency and prove that the VCX founders have extensive experience in the finance world and running other companies. This is all very open and public information. We have also never lied about our past experience.”

The doxxed team includes two former Canadian cannabis executives: Ben Nikolaevsky, the CEO of Pure Extracts, and Alexander Logie, who worked with Nikolaevsky as the director of business development.

Nikolaevsky said he didn’t know why Carson changed his mind but guessed it could have been due to the pair’s background in the cannabis industry, which could have potentially posed regulatory issues. Both executives’ LinkedIn profiles indicate the aforementioned experience.

Pure Extracts has a share price of $0.011 — down from a February 2021 high of 60 cents.

“Nobody’s happy with our share price but that I can’t control,” said Nikolaevsky in a phone interview. “We’re a real business.

“I’m more than comfortable with our backgrounds and there’s nothing that I have to hide.”

Only 713 of the 1,888 VCX NFTs minted. The project’s goal is to give accredited investors access to investments in startups everywhere.

“The floor price is the floor price, this is not like Bored Ape Yacht Club, where people buy it for the appreciation of the price,” Nikolaesky said. “They buy it for access — to be with like-minded people.”

As part of exiting, Carson will return his 5 percent equity stake in the company. 

Carson told holders that he will honor his pledge to allow VCX buyers the opportunity to invest in the first round of his web3 project, which is expected to mint sometime in 2023. He plans to raise at least $25 million.

Carson wouldn’t say exactly what it was in VCX’s background that made him change his mind. In messages to VCX buyers, he apologized for his actions.

“I am so very sorry for making this mistake. I should’ve double-checked everything before publicly endorsing this project, and I will be absolutely sure to do so in the future,” he said in the messages. “You’re probably thinking ‘Ryan, how did you miss this?’ and I would agree with you. I’m frustrated and disappointed with myself and I apologize.”

Despite the crypto crash, NBA Top Shot continues on, advertising $10 packs of rookie and rare NBA NFTs that can be won in a drawing and without the traditional Top Shot queue.

The $10 packs include three moments that range from Common Base Set Moments to Rare Moments from the Fresh Threads set. Registration for the pack drawing closes Nov. 10 at 3 p.m. ET.

All users can request up to five packs and users with Drop Scores of more than 100,000 can request up to 15 packs.

The blog and the pack page do not include information on how many packs will be distributed. But users are not guaranteed to receive all the packs they request.

The world’s largest cryptocurrency exchange will not buy the embattled FTX.com, the third-largest cryptocurrency exchange by today's volume, according to a tweet from the market leader Binance.

Binance was set to purchase FTX.com for an undisclosed amount, capping off a dramatic week where Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried fired at each other on social media, with Bankman-Fried insisting FTX.com assets were safe — while reports of paused withdrawals circulated Tuesday morning.

On Nov. 10, Bankman-Fried wrote a 22-tweet thread, detailing what he called a "poor internal labeling of bank-related accounts" that affected his "sense of users' margin." He also said FTX international was affected by this "shitshow" and US-based users can "fully withdraw." 

Reports of withdrawals being processed came out Thursday. FTX.us withdrawals were reportedly never paused, though some are speculating the transactions may not be what they appear on-chain. 

Bankman-Fried is looking for about $9.4 billion to save FTX, according to Reuters. The reporting follows up on tweets that Bankman-Fried was negotiating a deal with Tron founder Justin Sun, who told his followers that his team was "working around the clock to avert further deterioration."

The price of $FTT, FTX’s native currency, went from $14 to $19 on news of a possible deal, then fell to $5 later in the day Tuesday. It is now $3.45.

On Nov. 5, Zhao announced Binance — which is the top crypto exchange doing more than $39.8 billion Tuesday — was planning to liquidate around $1.5 billion in FTT, FTX’s native currency, as part of “post-exit risk management,” following a report from Coindesk that FTX’s trading firm, Alameda Research, has a balance sheet full of $FTT as its biggest asset.

Bankman-Fried responded to Zhao’s move by saying that “a competitor is trying to go after us with false rumors.”

“FTX is fine. Assets are fine,” he said.

On Tuesday, in the face of a possible company-saving deal, Bankman-Fried’s tone changed, giving a “*huge* thank you” to Zhao for a “user-centric development that benefits the entire industry.” 

Zhao said the deal was part of a "highly dynamic situation, and we are assessing the situation in real time."

"Binance has the discretion to pull out from the deal at any time," Zhao said then. "We expect $FTT to be highly volatile in the coming days as things develop."

Luxury watchmaker Rolex has filed trademark applications for NFTs and "developing metaverse software," according to documents on file with the U.S. Patent and Trademark Office.

The application also references "video game devices," watches with "digital codes, labels, tags and digital chips," and a litany of virtual products from expected (jewelry, travel bags) to unexpected (binoculars, eyeglass cases, manicure sets, stuffed animals) to web3 native (avatars, security tokens).

Earlier this year, Rolex appeared in NFT-industry headlines when auction houses used NFT marketplace OpenSea to sell a Rolex watch for 9,500 USDC. 

Nifty Gateway is stepping into the industry's creator royalties battle promising to release open source code that will help creators restrict marketplaces from trading their NFTs.

"We believe NFT royalties are one of the greatest pro-creator innovations of this century and we are proud to enforce royalties on our marketplace," the platform tweeted.

The platform also announced it was forming a Creator Royalty Coalition, made up of community members who will "manage and maintain the list of marketplaces" that will be referenced when enforcing creator fees.

The first coalition members are NFT NOW CEO Matt Medved, artist Bryan Brinkman, Nifty Gateway creative lead @niftytime, and digital artist Ekaitza. Those interested in joining the coalition can fill out a form provided by Nifty Gateway.

On Nov. 5, OpenSea released a tool that would allow new NFT collections to enforce creator fees on-chain.

Both OpenSea and Nifty Gateway's moves are in response to a growing market share of marketplaces such as Blur.io, which allow users to toggle off creator royalties from sales.

Art Gobblers has been in the works for months, cobbling together its “community of artists, collectors, and builders since May.” 

“We began by hand-picking an initial group of humans that we admired for their contributions to crypto art. This group then nominated more deserving humans, who nominated more humans, and so on,” said Art Gobblers in a September tweet. 

After hand-picking some, the project then allowed a few more users to join the mint through an inventive doodling project where they were invited to use the Gobblers website to sketch art and share it on social media.

The art contest allowed some digital artists to qualify for the mint and Treeverse founder Loopify shared some of their stories in a tweet Tuesday, responding to what he felt was a “wave of misinformation” concerning the Art Gobblers mint.

“Here is a few dozen images of people who had their life changed by being picked for WL — debts paid, supporting parents, financial stability, etc.,” said Loopify, sharing stories like those of artists from Burrito DAO, some who will use their Art Gobblers sales to support family members, others to pay taxes, or to get ahead on bills.  

Then there were other stories from the mint like the one where popular NFT influencer and creator Andrew Wang larped as a 13-year-old artist named Balthazar Crumps to help promote the project.

“Besides playing Balthazar for the team (and meeting with their amazing writers who are way funnier than me) I also got to host the amazing Justin Roiland in spaces, took calls with the team, and found a project I enjoy, and am still holding. I did it all without promise of (whitelist) :D,” he tweeted.

Wang did procure a whitelist spot and minted Monday. He has not sold as of Tuesday at 3 p.m. ET.