Latest Vortex by Jen Stark News

LT;DR Dec. 13 NFT Recap: Nike x RTFKT, Art Blocks, and Other Drops
John Nannetti

Top News Today:

  • Nike Purchases RTFKT Studios

  • Art Blocks "Vortex"

  • Other NFT Drops

  • Top Movers

Nike Purchases RTFKT Studios

The biggest news to hit the NFT ecosystem this month, Nike bought well known NFT art studio RTFKT. With this announcement, Nike becomes another colossal addition to the space as traditional companies adopt web3. RTFKT's NFTs have been a huge benefactor of this afternoon shocker. The newly released Clone X avatars had a flurry of purchases following this announcement, driving the floor to nearly 6 ETH after retracing to where it currently sits just under 5 ETH. The rest of RTFKT's collaborations and projects have also seen a jump in volume, as always follow our asset explorer page to keep up with the latest movements. 

 

Art Blocks "Vortex"

Art Blocks Curated collection “Vortex” by Jen Stark sold out 1,000 editions in less than 40 minutes Monday in Dutch auction format. The starting price was 5 ETH and the final mint price was 0.75 ETH. Sitting at 0.9 ETH in secondary markets, the Vortexes posses Stark's signature paper sculpture look and capture the spiral's beauty throughout various forms.  

Other NFT Drops

Property's, a metaverse project, sold out in 6 minutes yesterday December 12. 6,000 NFT homes were sold from the team that partnered with The Sandbox, Land Vault and many other native web3 groups. With almost 500 ETH on secondary market, Property's look to the next step to building out the game. 

Digital Animals created by Igor, started their presale mint today. These 3D glass animals also come with the ability to create a soul. This soul is linked to your twitter and wallet address and then generated by 30 different metrics. The presale mint has currently sold 1,657 of the 8,888 piece collection. 

 

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  • RTFKT - CloneX Mintvial after the Nike announcement has skyrocketed to 8.9 ETH floor and nearly 3,000 ETH volume. 

  • CloneX also running hard as well with approximately 2,400 ETH volume and a 4.9 ETH floor. 

  • CryptoPunks continues to hold good volume with 1,500 ETH last 24 hours. 

  • 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. 13 NFT Recap: Nike x RTFKT, Art Blocks, and Other Drops
gm NFTs Dec. 13: Clone X Reveal, Jen Stark's "Vortex," Digital Animals Presale
Logan Hitchcock

Top News Today:

  • Clone X Reveal
  • Art Blocks Curated: Jen Stark, "Vortex"
  • Digital Animals
  • Little Lemon Friends Reveal

 

Clone X Reveal

On Sunday afternoon the long awaited minting and unveiling of Clone X avatars started. Nearly 15,000 Clone X avatars have been minted thus far, with the remaining 5,000 mint vials having up to six months to undergo the process. While the Clone X project has been unable to completely push away the "post-reveal drop" that has befallen many projects with delayed reveals, it has certainly held its ground with a floor price still north of 2 ETH. There is however, a wide discrepancy in price for the mint vials and floor Clone X avatars. At the time of writing users can purchase two Clone X avatars (2.39 ETH floor) for less than the price of one mintvial (5.17 ETH). For many, the opportunity to pull a Clone X with Murakami Drip or other rare attributes can make this risky trade compelling. Notable Clone X avatars have already seen trades above 50 ETH. 

Unfortunately, it wasn't just the reveal that caught the eye of the public last night. A late unveiling of terms and conditions, license type drama, and the inability to fractionalize the Clone X NFTs all generated some buzz on NFT Twitter. The Clone X team has yet to make an announcement regarding any of these issues. 

It's important to note that the Clone X rarity rankings are not final as there are still approximately 5,000 NFTs outstanding. 

 

Art Blocks Curated: Jen Stark's "Vortex"

Jen Stark's "Vortex" collection is added to the prestigious company of Art Blocks Curated sets today at 1:00 p.m. ET. The set pricing will start at 5 ETH in Dutch auction format, decreasing in price every five minutes until the entire 1,000 piece collection is sold or it reaches the resting price of 0.1 ETH. The "Vortex" collection highlights the phenomena of the spiral, and its ubiquitous applications in the natural world. 

You can learn more about the project and see an example print here.

Digital Animals Presale

The Digital Animals presale starts today at 1:00 p.m. ET.

A collection of 8,888 generative animals designed as crystals, each digital animal is said to hold a unique soul. Souls are derived via wallet analysis and Twitter sentiment analysis, using up to 20 different metrics. Additionally, the animals are expected to be playable in a Digital Animals game which is powered by Unreal Engine. Mockups of the game environment can be found on the Digital Animals website

 

Little Lemon Friends Reveal

After some discussion regarding an optimal reveal time, the Little Lemon Friends team has pushed back the expected reveal of their 9,999 piece collection until 8:00 p.m. ET tonight. The collection sold out around 6,000 pieces that were remaining after the private sale in about one hour yesterday.

 

NFT Market Updates

  • Despite "the flippening" conversations, both CryptoPunks and Bored Ape Yacht Club assets were down week over week. 
  • After selling out in a flash during public sale last night, Thingdoms have remained steady at 0.17 ETH - the price they've held on the secondary market since presale. 
  • Kevin Rose's "Proof Collective Pass" has done nearly 700 ETH in trading since launching on Saturday. 

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. 13: Clone X Reveal, Jen Stark's "Vortex," Digital Animals Presale