Latest Grifters by XCOPY News

Async Art announced its decision to cease operations, although its NFTs will remain on-chain and accessible.

The Deets

• Async Art's market platform will not support purchases by the end of 2023.
• New submissions have been halted, starting today. 
• The team hopes to introduce a simplified viewer for dynamic Async NFTs in the near future.
• The platform gained prominence with the XCOPY Grifters collection drop.

The Bulk

Async Art made the difficult decision to wind down its operations over the next few months. However, this does not spell the end for the art pieces. All Async NFTs are pinned on IPFS and will stay on-chain, ensuring the art's longevity.

The company informed that Async.Market will cease to support purchases by the conclusion of 2023, and Async.art will no longer accept new artwork submissions starting immediately. Considering that the uniqueness of Async pieces lies in their dynamic nature, which necessitates a front-end website and user interface, the team is putting efforts into launching a streamlined viewer in the upcoming months.

The end of Async Art's operational journey isn't synonymous with the end of the dynamic and generative art movement. The company expressed its optimism that the movement will persist, powered by the enthusiasm of web3 builders and creators.

❗Why It Matters

Async Art's decision to wind down indicates the challenges and rapid evolution within the NFT and digital art space, particular as market dynamics have been unfavorable and royalties and platform fees are under scrutiny. 

🎤 Founder Feedback

For more web3 and NFT news, visit the Lucky Trader newsfeed.

A newly minted NFT from XCOPY is live for auction on SuperRare, according to a tweet from the artist and platform. 

❗Why It Matters

XCOPY is perhaps the most notable artist in NFT history and each time a new work is minted, it demands a lot of attention (and ETH). Because of the demand on the early XCOPY works, it is not often that market participants have an opportunity to fetch an XCOPY 1/1.

The Deets

The latest piece, "LA WHENEVER" utilizes XCOPY's typical glitch style and holds a simple description of "ya know?"

📊 By the Numbers

Minted early this morning on SuperRare, "LA WHENEVER" already holds multipled bids, with the highest resting at 42.69 ETH (~$73,000). For comparison, the cheapest XCOPY 1/1 on SuperRare is listed for 288.420 ETH.

🎬 Take Action

Users can bid on or admire the latest XCOPY on SuperRare. 

🧠 Learn More

• Don't Panic Sells for 500 ETH
• XCOPY Sends Everything CC0

XCOPY teased a potential drop coming tomorrow on the generative art platform Deca, the famed crypto artist tweeted Tuesday.

👀@XCOPYART x @0xDecaArt
TOMORROW pic.twitter.com/UN4ixbJ5Q8

— XCOPY 🏴 (@XCOPYART) November 29, 2022

No further details were provided. This post will be updated as more information emerges regarding the drop. 

A bulk of the former Starry Night Capital holdings were transferred to a Gnosis Safe wallet Tuesday, including three Fidenzas, some Rare Pepes, and a handful of XCOPY pieces, which the fund paid more than 1,300 ETH to acquire. (The wallet, which is valued at around $1.8 million according to NFTBank.ai, can be viewed here.)

Teneo also said that Van Dough has agreed to assist with the “eventual sale of all 3AC NFTs” and that all the NFTs are “in our possession or are being transferred to us.” 

Creditors have been clamoring for the NFTs ever since Three Arrows Capital filed for bankruptcy in July and a federal judge allowed Teneo to subpoena Three Arrows Capital founders Su Zhu and Kyle Davies.

Alpha Centauri Kid

Alpha Centauri Kid, a notable 3D animator and artist, has captured the attention of some of the biggest names in NFT collecting.

For example, in August @VincentVanDough purchased "Lonely Neighborhood SpidePepe" for 46.2 ETH and ACK's most recent Foundation work "Draw me like on of your French girls" sold for 60 ETH in September. 

Alpha Centauri Kid's art combines dark imagery, with crypto memes and icons such as Pepe and XCOPY. He has attracted nearly 20,000 followers on Twitter and in a recent teaser, ACK tweeted a possible PFP collection might be in the works. 

Aaron Penne

Aaron Penne is a generative, digital artist specializing in engineering. Penne has been coding and creating art since 2018 and has amassed a solid following between Twitter, Archipelago, and Foundation. 

In his most recent project Aaron is teaming up with FingerprintsDAO, creating what appears to be a generated series of animated kaleidoscope pieces. Planning to have a large allowlist including FingerprintDAO members and collectors of Aaron's past work, the full collection size has yet to be released. 

Tony Babel 

Tony Babel a designer, animator, and illustrator is self-proclaimed as "stuck in the 30s creating vintage loops." Babel's style is undeniably unique and can be compared to retro animations from the 30s. 

The community has taken notice of his incredible style, as he has built a following of upwards of 150K followers on Twitter. With nine creations on SuperRare, his work has commanded steeper and steeper prices, with a most recent secondary sale going for 27.5 ETH. 

DrifterShoots

DrifterShoots, who was featured in the first NFT Artist recap has been busy these last couple weeks. After releasing "Where Did My Goats Go" in collaboration with GaryVee's Gift Goat NFT, Drifter announced four upcoming 1/1 pieces in his "Where Did My Vans Go" collection. 

His running series contains 188 photographs, trading upwards of 2.5K ETH on the secondary market, holding a floor of 52 ETH. The next four pieces will be available via English auction.

Disclaimer: Lucky Trader is not a registered investment advisor. You understand that the service is furnished for your personal noncommercial, information, purpose only. No mention of an NFT in the service constitutes as a recommendation to buy, sell, or hold that or any other NFT. Nothing within the service shall, or is intended to, constitute financial, legal, accounting, or tax advice. Any decision that you make to buy, sell, or hold an NFT should be based on an assessment of your risks in consultation with your personal advisers.

Forgotten Runes Wizards Cult announced today that they have partnered with Bisonic, a gaming company, to build a web3 interactive fantasy MMO in the Forgotten Runiverse. With the headlines Create-to-Earn, Runiverse plans to have players collect resources, own law, craft items to mint NFTs. Every item within the game is played to be an NFT and every resource has its own token. Along with the previous announcement of the Coinbase planning to list the collection on its marketplace, Forgotten Ruin Wizards Cult NFTs have been picking up volume. Up 2000% total sales in the last 24 hours, and the floor reaching 1.2 ETH, collectors are excited about the future for the Runiverse.

Interleave Genesis

Loopify’s latest project, Interleave, is releasing its genesis collection tomorrow. With a movie poster done by BossLogic, the open edition NFT will be available to purchase for 48 hours. With dynamic pricing based on demands, the mint will start at 0.15 ETH with a floor of 0.1 ETH and a ceiling of 0.3 ETH. The dynamic pricing will change every 15 minutes depending on how many collectors are attempting to mint. By using this "Surge" pricing Interleave is attempting to eliminate gas wars. Loopify announced that Movie 1 is complete and plans for 2 more are in the works. The NFT grants collectors rights to vote in future decisions around The Arcadia Trilogy.

• RTFKT - CloneX Mintvial continues to lead our rankings page since the Nike announcement with 1,010 ETH 24 hour volume and around a 10 ETH floor. 

• CryptoPunks volume continues to fall off with just under 900 ETH in sales.  

• Forgotten Ruin Wizards Cult on the back of the heels of the game announcement has performed extraordinarily well this afternoon up over 4,500% in volume. 

• Check out Lucky Trader's full NFT project rankings here. 

Disclaimer: Lucky Trader is not a registered investment advisor. You understand that the service is furnished for your personal noncommercial, information, purpose only. No mention of an NFT in the service constitutes as a recommendation to buy, sell, or hold that or any other NFT. Nothing within the service shall, or is intended to, constitute financial, legal, accounting, or tax advice. Any decision that you make to buy, sell, or hold an NFT should be based on an assessment of your risks in consultation with your personal advisers. 

After launching their presale on Monday, Digital Animals will begin the public sale process at 1:00 p.m. ET today. The sale will take place on the Digital Animals site, where pieces will be available for mint at 0.1 ETH. Digital Animals attempts a unique innovation, crafting what the team has called "a unique digital soul" for each NFT. Based on wallet analysis metrics as well as Twitter sentiment analysis, each NFT that is minted is attributed a unique soul. The collection has generated more than 80 ETH in volume on the secondary market with a floor around 0.145 ETH at the time of writing.

XCopy Editions, "Grifters" 

As part of their new marketplace initiative, Async Art is creating collections of editions called Aysnc Blueprints. The first batch of Blueprints is headlined by three notable crypto artists, XCopy, Alotta Money, and Coldie. In today's drop, featured at 3:00 p.m. ET approximately 275 XCopy "Grifter" editions will be put up for public sale. Each Grifter is costs 0.25 ETH and is part of a larger 666 piece collection. More than 300 pieces have already been claimed during the presale process, with a floor being set at 11.25 ETH for Grifter pieces on OpenSea before the public sale begins. 

Crypto and NFT Tax Prep

Worried about the complexity of NFT or crypto taxes? Yesterday in conjunction with our friends at RKO Tax we dropped an article to help you prepare for the end of the year! Inside the article, Allie and Sean of RKO Tax give seven actionable tips to help you prepare for the end of the tax year on December 31. The top tip? Understand your digital assets! Read the whole article for more. 

Vincent Van Dough Takes on RTFKT and Nike? 

Remember the drama regarding the Clone X terms of service? NFT personality and investor Vincent Van Dough has stoked the flames. Van Dough has directly challenged the clause regarding the inability to fractionalize assets by purchasing a Clone X asset and creating a vault for fractionalization on fractional.art

The act brings in to question whether or not terms of this magnitude can be enforceable on-chain and if so, how RTFKT, and now Nike, plan to deal with it. 

NFT Market Updates

• "Gazers" by Matt Kane has fallen back 28% day over day to a 2.42 ETH floor. 
• The last baby CyberKong was minted and the price of the collection (not including Genesis Kongz) has moved upwards ~40% to a 5.79 ETH floor. 
• CloneX Mintvials have continued surging higher on the heels of the RTKFT and Nike announcement. The floor sits above 12 ETH at the time of writing. 

Disclaimer: Lucky Trader is not a registered investment advisor. You understand that the service is furnished for your personal noncommercial, information, purpose only. No mention of an NFT in the service constitutes as a recommendation to buy, sell, or hold that or any other NFT. Nothing within the service shall, or is intended to, constitute financial, legal, accounting, or tax advice. Any decision that you make to buy, sell, or hold an NFT should be based on an assessment of your risks in consultation with your personal advisers. 

Late last night the supposed Snoop Dogg alter-ego, Cozomo de' Medici made history with the purchase of XCopy's "Right-click and Save as guy," for 1,600 ETH on SuperRare. The piece will change hands from OG collector @2yeahyeah, who had previously purchased the piece 10 months ago for 99 ETH, approximately $174,195 at the time of purchase. 

The sale nets YeahYeah more than $7.5M - making a big enough splash to have his profile picture, a VR-adorned CryptoPunk, to be ceremoniously depicted by Beeple as part of his daily work. 

Wolf Game's Risky Game Goes Live

After much anticipation, the Wolf Game's Risky Game officially went live late last night. Sheep owners had until around 11 p.m. ET last night to opt-in to playing the Risky Game. In the game, owners had the option to play "risk on," giving them a 50% chance of earning a Wool Pouch, and a 50% chance of walking away empty handed. If the player wished to opt-out of the risky game, they would receive a Wool Pouch, albeit one that paid a 20% tax to the Wolves. 

Savvy players had the opportunity to estimate the size of the "risky" wool pouches, as each pouch was filled evenly with the amount of leftover $WOOL divided by the amount of Sheep that went "risk on." In this instance, those that played and won the game walked away with much more than the pouches from "risk off" scenarios. 

Today's Mints: Art Blocks Factory, Tom Brady Mystery Boxes, DoodleDogs, and More

Looking to add to your NFT collection today? Here are a selection of drops listed on our Project Schedule page.

• 12:00 p.m. ET, Art Blocks Factory: "Pieces of Me" by r4v3n
• 3:00 p.m. ET, Art Blocks Playground: "Paths" by Darien Brito
• 5:00 p.m. ET, Tom Brady Mystery Boxes
• 5:00 p.m. ET, DoodleDogs

Lucky Trader Twitter Spaces and Lucky Trader Lounge 

Today you'll have the opportunity to hop in and chat NFTs with the team at two separate times!

First and foremost, hop in to our weekly office hours via Twitter Spaces at 4:00 p.m. ET. 

Prefer the after dinner NFT chat? Join us for the Lucky Trader Lounge at 7:00 p.m. ET on the Lucky Trader YouTube. 

NFT Market Updates

• Despite Risky Game going live, the Wolf Game floor is down 21% to 0.27 ETH. 
• Expected to reveal today, the Alien Secret Society floor is up 52% to 0.36 ETH. 
• Pudgy Penguins has showcased a mini-resurgence, boosting the floor by more than 30% to 1.24 ETH

Disclaimer: Lucky Trader is not a registered investment advisor. You understand that the service is furnished for your personal noncommercial, information, purpose only. No mention of an NFT in the service constitutes as a recommendation to buy, sell, or hold that or any other NFT. Nothing within the service shall, or is intended to, constitute financial, legal, accounting, or tax advice. Any decision that you make to buy, sell, or hold an NFT should be based on an assessment of your risks in consultation with your personal advisers.