Latest merge. News

No Response From Pak Following Pranksy Comments
Staff Writer

Update: Murat Pak's Twitter activity picked up around 12:22 a.m. ET on Sunday, July 31, but the artist did not formally respond to any of the recent criticisms from the notable NFT collector, Pransky. Instead, Pak retweeted and quote-tweeted a handful of old tweets, including a pair of tweets claiming ownership of the pseudonym. 

It has been almost 36 hours since Pranksy called out Murat Pak over the lack of updates on their projects such as Merge, Ash, and more.

"There was a supposed grand plan and many promises made, dates set, dates missed? Some news would be nice for those of us invested," Pranksy tweeted on July 29.

Since the comment by Pranksy, there has been no response from the artist known as Pak even though many users were echoing Pransky's sentiment in the comments. 

"Pak is literally the biggest grifter in NFTs," says Twitter user @OttoSuwenNFT.

Another Twitter user by the name of @0xAllen goes on to say "everything about Pak is hype."

Merge, Pak's latest drop on Nifty Gateway, marks the largest NFT sale of all time, breaking the previous record held by Beeple. The drop, which featured unique "merging" mechanics when transferring NFTs, sold more than $91M in total.

Shortly after the drop, many Merge NFTs were purchased above 1 ETH, but the collection holds a floor price of just 0.10 ETH at present time. 

Merge is not the only Pak creation heading downward. The artist's ecosystem token, $ASH, is down 12 percent since Pranksy's comments and is down almost 98 percent from its all-time high according to CoinGecko.

No Response From Pak Following Pranksy Comments
gm NFTs Dec. 8: Mecha Melters, Preparing for Thingdoms, Merge Movement
Logan Hitchcock

Top News Today:

  • Mecha Melters Launch

  • Merge Minting and Movement Today

  • Preparing for Thingdoms Mint

  • OpenSea Walks Back IPO Talk?

 

Mecha Melters Launch

Later today at 5:00 p.m. ET Mecha Melters will go live for public sale minting. Piggybacking on the Alpha Wave of Creepy Creams, the Mecha Melters are a collection of 6,000 metaverse-ready NFTs that are designed to fend off the Creepy Cream hordes. The collection is built into four classes of Melters, and will utilize staking mechanics and more. Only 220 Mecha Melters have been minted in the presale thus far. 

Merge Movement Coming Today 

The "Merge" mint is still taking place on Nifty Gateway despite the closing of the sale on December 4. After previously releasing an announcement suggesting just a few hours before movement would be enabled, Nifty Gateway updated their stance last night, insisting that all mass NFTs would be minted and available for movement or "merging" by today, December 8. The "Merge" sale thrust Murat Pak into the top spot in total earnings on one sale for a living artist. 

 

Preparing for Thingdoms Mint 

Thingdoms, a 10,000 piece collection of NFTs minting on Ethereum, have generated quite the buzz on social media and inside their locked discord community this week. After announcing a partnership with Zeneca, the collection has continued to tease a mint during the course of this week - though no date has yet been announced. Be sure to stay close to the Lucky Trader Newsfeed and follow the Thingdoms on Twitter for more information as the week unfolds. 

 

OpenSea CFO Walks Back IPO Talk? 

Late last night, newly appointed OpenSea CFO Brian Roberts seemed to walk back the talk of an expected IPO for the NFT marketplace. The updated announcement from Roberts sparked a returned enthusiasm for a potential OpenSea token and airdrop for users that have helped build the marketplace to its current standing. Wen token, Brian? 

 

 

NFT Market Updates

  • Crypto Bull Society generates over a 100% gain on floor price since yesterday, now sitting at a 3.18 ETH floor. 
  • Matt Kane's "Gazers" collection continued a steep rise to now 3.89 ETH floor at the time of writing. 
  • On the heels of a Coinbase NFT partnership announcement, the Lazy Lions have pushed up 33% since yesterday (1.20 ETH floor). 

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. 

gm NFTs Dec. 8: Mecha Melters, Preparing for Thingdoms, Merge Movement
gm NFTs: Pak's Merge Minting Started and Flower Girls Reveal
Logan Hitchcock

Top News Today:

  • Murat Pak's "Merge" Minting Started

  • The Flower Girls Reveal

  • BYOVape Claim

  • Top Shot Packs and Tom Brady Mystery Boxes

 

Murat Pak's "Merge" Collection Has Started Minting

After the public sale for Murat Pak's "Merge" collection ended on December 4, Nifty Gateway has started the minting process of the mass NFTs. At the time of writing, some users have still not received their mass NFTs, but they should be appearing in users wallets shortly. Nifty Gateway has placed a temporary hold on the movement of mass NFTs at present time, citing "an effort to make the secondary market fair for everyone." 

"Merge" is the latest in cryptic and innovative collections from Pak. Earlier this morning, the artist broke down some of the built in deflationary merging mechanics on Twitter. 

 

 

 

The Flower Girls Reveal 

The Flower Girls, a collection of 10,000 PFP NFTs, revealed late last night. Artist Varvara Alay and the project have received notable shoutouts from Gary Vaynerchuk and other NFT influencers, with 20% of the project proceeds going to charity and another 5% being used to buy NFT from children. The Flower Girl rarities and collection can now be explored on site. 

BYOVape Claiming

BYOPill holders will be able to claim their BYOVapes starting at 5:00 p.m. ET today. One BYOVape is available per BYOPill held. BYOVapes are the latest in the expansion of the BYOVerse, which now includes Pills, Keys, Apostles (avatars), and Vapes. 

NBA Top Shot Series 3, Release 4 Pack Drop 

Available at 2:00 p.m. ET, NBA Top Shot is dropping 240,000 Series 3 base packs for $9 each. Each pack contains three base moments from series three, and there is no collector score requirement for this pack. 

 

Tom Brady Mystery Boxes

The DraftKings Marketplace is dropping new Tom Brady Mystery Boxes today starting at 5:00 p.m. ET. The collection consists of 16,600 boxes priced at $80 each. Inside each mystery box is one of 25 different Tom Brady collectibles. Preferred access is granted to those holders of previous Autograph Tom Brady NFTs.

 

NFT Market Updates

  • A day after minting, Matt Kane's "Gazers" collection has done more than 800 ETH and volume and blossomed to a 2.19 ETH floor. 
  • In the face of continued conversation around "Apes v. Punks" - The CryptoPunks floor change is green this morning at 72.99 ETH. 
  • Despite Wolf Pouches going live, Wolf Game has seen another steep 45% floor decline, down to 0.29 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. 

gm NFTs: Pak's Merge Minting Started and Flower Girls Reveal
LT;DR: Dec. 6 NFT Recap: Pak Merge, New CFO at Opensea, Art Blocks
John Nannetti

Top News Today:

  • Art Blocks "Gazers" and Parallel Inb0x

  • Pak Merge Recap

  • New CFO at OpenSea

  • Top Movers

Art Blocks "Gazers" and Parallel Inb0x

This morning’s Dutch auction for Art Blocks CuratedGazers” collection by Matt Kane sold out at a final price of 0.25 ETH. The 1,000 editions now sit at a floor of 0.5 ETH on OpenSea following the 90 minute auction. The collection showcases 1,000 generative moon phase calendar NFTs, designed to dynamically update with the changing of our skies. 

 

 

 

Parallel announced Inb0x, a messaging service with end-to-end encryption for communications between web3 wallets. Messages can be sent between ENS and 0x addresses, facilitating secure discussion between web3 users.

 

 

 

Mirandus VOX by Gala Games, an avatar collection previewed this morning, ran into issues when opening sale at 5 p.m. ET.  These NFTs will have in-game utility in the upcoming Mirandus MMORPG fantasy adventure game. Selling for the $GALA equivalent of 0.888 ETH, the NFTs were supposed to go on sale around 5:00 p.m. ET. An announcement in the Gala Games Discord indicated the team will update the community as soon as possible. 

 

Pak Merge Recap

Selling roughly 250,000 NFTs this weekend, Pak’s "Merge" collection on Nifty Gateway generated upwards of $91 million. Over 26,000 unique collectors participated in the drop, with each mass NFT collected eventually set to merge into each wallet as a single, summed NFT. The final look of the NFT is yet to be released as the metadata that was stored from the weekend’s sale needs to be calculated to distinguish attributes.

 

New CFO at OpenSea

After 7 years with Lyft, CFO Brain Roberts will take the same role at OpenSea this week. After taking Lyft public, Roberts joins the list of executives and engineers that have been transitioning toward the web3 ecosystem. Per an article released earlier today, Roberts' plans with OpenSea include “acquiring companies” and “expanding the use of NFTs into new industries.”

undefined

  • CryptoPunks floor has been stagnant despite 2,680 ETH in volume traded.

  • Ape Kids Club had a great weekend and has climbed to a 0.58 ETH floor up almost 40% from yesterday. 

  • Bored Ape Yacht Club has finally seen volume slow, showcasing a decrease of 30% since yesterday. 

  • 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. 

LT;DR: Dec. 6 NFT Recap: Pak Merge, New CFO at Opensea, Art Blocks
LT;DR: Dec. 2 NFT Recap: Adidas Originals and Bored Apes
John Nannetti
 

Alongside the pairing with adidas, Bored Ape Yacht Club has released registration for their BAYC x MAYC mobile game. The contest will run for seven days starting December 5 at 7 p.m. ET. Prizes for top placers include BAYC & MAYC merch, a custom BAYC pinball machine, a custom MAYC car, and much more. After the announcements, the Bored Ape Yacht Club's floor is nearing 50 ETH again.

 

 

Mike Shinoda Ziggurats, Pak, and Baby Shark

Mike Shinoda, lead singer of Lincoln Park, sold his collection of 5,000 mixtapes Ziggurats NFTs today on the Tezos blockchain. Minting at 15 Tez (approx. $75) the collection sold fast despite some minor minting issues. Mike Shinoda joins the list of music artists who are becoming increasingly involved in the NFT space. 

Pak is releasing an open-edition, Merge on Nifty Gateway tonight at 6:00 p.m. These Merge Tokens can be purchased and collected for 48 hours. During this time there will be a leaderboard to see who has collected the most Mass. For each Merge token you will receive, the Mass of the tokens will be calculated in the wallet and combined into one single entity. These NFTs have no hosted images and will be generated all on-chain with 100 different classes distributed among tokens. 

Baby Shark Collection No. 1 opens tonight at 6:30 p.m. on MakersPlace with a 1/1 auction and five open editions. Each NFT features the catchy “Baby Shark Do do do” theme that launched Baby Shark to the number one viewed video on Youtube.

 

Ross Ulbricht Genesis

In tandem with Levitate, Ross Ulbricht, famous for creating the Silk Road, released his genesis collection on SuperRare today. The 1/1 auction lasts a week and currently sits at a 200 ETH bid. These include drawings and artwork from his childhood to his time in jail. Each piece of this 10 piece collection has an accompanying explanation of how the art reflects Ross’s experiences. Alongside the drawings is a two minute animation created by Levitate, voiced over by Ross, depicting his time navigating jail with no parole.

Check out Tonight's Lucky Trader Lounge 

Lucky Trader's Logan Hitchcock, Lou Sherman and Danny Miranda take questions and chat NFTs in this week's episode here

undefined

  • CryptoPunks down a bit last 24 hours sitting at a 75 ETH floor. 

  • BAYC on the heels of the adidas collab and game, bumps floor just under 50 ETH. 

  • Ape Kids Club sold out yesterday and is third in volume traded today at 625 ETH. 

  • 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. 

LT;DR: Dec. 2 NFT Recap: Adidas Originals and Bored Apes