The Matrix's NFT revelations

Soaring demand for the Warner Bros. Matrix NFT avatar drop on Nifty's this week caused the website'south purchasing folio to crash.

Earlier this month, the film studio appear information technology would be dropping 100,000 unique Matrix-inspired avatar NFTs for $l each as part of a promotional campaign for the new Matrix Resurrections moving picture ready to hit cinemas in the U.Southward. on Dec. 22.

Later on more than than 300,000 Matrix fans queued upwardly for the drop last Tuesday, Corking's was forced to get-go and stop the queue multiple times due to max capacity-induced "infrastructure issues."

After the queue was paused multiple times, other bug started to occur, such as users being bumped up or down the queue, the buy push not working and failed transactions upon checkout.

At the time of writing, at that place are still 347,133 people waiting in the queue and the problems are still to be resolved. Nifty's said that information technology is still actively working to address the issues, and has offered every Nifty's user who queued upwardly concluding Tuesday a gratuitous "glitch in the Matrix" NFT" for the inconvenience.

Warner Bros.' The Matrix Avatar queue: Bully's

Tokenized Baby Sharks

Pinkfong, the creators of the widely popular and alarmingly hypnotic children's song Babe Shark, is releasing a collection of NFTs depicting content from the music video.

The drove consists of a 1/1 and five express editions, and the NFTs feature the Babe Shark character along with its 5 family members in a series of blithe and holographic GIFs backed past new original music.

The sale and sales volition exist hosted on Makersplace on Friday, and the carbon emissions from the sale volition exist calculated and kickoff by sustainability platform Aerial. A starting price for the 1/1 NFT auction has not been specified, however, the highest bidder volition too receive a custom i-of-one vinyl record of the music depicted in the NFT.

Pinkfong's Baby Shark NFT: Makersplace

The Infant Shark music video has more 9.7 billion plays on YouTube, making it the almost played video on the platform.

MBA students heighten $3K for scholarship fund

A grouping of Masters of Business Administration (MBA) students from the Paris co-operative of the INSEAD graduate business school raised $iii,000 for the school'southward Robin Hood Scholarship fund via an NFT sale.

Ferdinand Issels, Michelle Yu and 2 other students created a Nyan Cat-inspired NFT titled "RobinGood #1" depicting Robin Hood riding a salamander from the school's emblem. The project was a function of a week-long student-led fundraising campaign for the school'south fund that supports need-based scholarships.

 INSEAD's Robin Skillful NFT: OpenSea

The NFT was auctioned off in fiat currency to permit any student to participate and was snapped up by graduate and Goldman Sachs broker Alberto Marega for 2,600 Euros, or roughly $3,000, and has since been minted on OpenSea.

"It is an amazing feeling that we were able to use this engineering to contribute to a practiced cause," said Issels, adding that, "I hope this encourages other people to further explore the positive impacts that blockchain-based engineering can deliver."

Related: 'Crypto Critic' — Hollywood insider has a message for celebrities who shill token projects

FTX expands back up to Ethereum NFTs

FTX.The states revealed today that its NFT marketplace has expanded back up to Ethereum-based NFTs.

Both FTX and the company'south U.S. subsidiary get-go jumped into the sector in September, rolling out NFT marketplaces with limited functionality. The following calendar month, FTX.U.s. expanded upon its platform by offering back up to Solana-based NFTs.

FTX.US's website now hosts a list of collectibles from popular Ethereum-based projects such every bit Bored Ape Yacht Lodge, Meebits and Pudgy Penguins.

Ethereum NFT collections: FTX.U.s.a.

Other Nifty News

Upcoming mobile-based NFT game Society of Guardians generated $5.three one thousand thousand from the sale of ii tranches of its native token GEMS on Tuesday. The sellout token sale was oversubscribed by 82 times with around 808,000 users registering and more than x,700 new GEMS hodlers purchasing a max amount of $500 worth of tokens.

Ross Ulbricht the founder of now-defunct dark spider web marketplace Silk Road, caused a stir on Wednesday by announcing his own NFT drop depicting paw-drawn artwork that will be auctioned off on Superare this month. Gain from the auction will assistance fund a trust to support Ulbricht's efforts to be freed from prison.