Latest Grifters by XCOPY News
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
XCOPY teased a potential drop coming tomorrow on the generative art platform Deca, the famed crypto artist tweeted Tuesday.
👀@XCOPYART x @0xDecaArt
— XCOPY 🏴 (@XCOPYART) November 29, 2022
TOMORROW pic.twitter.com/UN4ixbJ5Q8
No further details were provided. This post will be updated as more information emerges regarding the drop.
Hundreds of rare NFTs could be sold soon after they were transferred to a multi-signature wallet operated by Teneo — the firm in charge of liquidating NFTs in the Starry Night Capital fund formerly owned by the now-insolvent Three Arrows Capital.
Teneo has accounted for all of the Starry Night Capital NFTs with cooperation with former Starry Night Capital curator and pseudoanonymous collector VincentVanDough, according to a statement from the company provided to Lucky Trader.
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.
