NFT Superstar Beeple Announce Collaboration with Solana: Create Your Own NFT?

NFT Superstar Beeple Announce Collaboration with Solana: Create Your Own NFT? Image source: Forbes

Noted digital artist Mike Winkelmann, known professionally as Beeple, brings "immersive 3D NFTs" to the Solana blockchain.

Stephen Hess, CEO of Solana NFT marketplace Metaplex Studios, announced the news Sunday at Solana's Breakpoint conference in Lisbon, Portugal.

“In association with Render Network, we are thrilled to welcome Beeple to Metaplex and Solana,” Hess announced, adding that Beeple would “start the future of immersive 3D NFTs and streaming.”

While it didn't divulge many details about the collaboration, a slide accompanying the announcement revealed that users will be invited to "create their own unique NFT with a Beeple Everyday" using a "random set of items and time to create."

Render Network, a peer-to-peer service for providing 3D rendering power, is already involved with Beeple, which acted as an advisor to the platform. The Render Network allows individual creators and small studios to harness significant amounts of distributed rendering power without the potentially large expense of building a local render farm.

Beeple's NFT record project

In early March 2021, Beeple's "Everyday: The First 5000 Days" NFT project, which had been in the works for about 13 years, sold for a whopping $69,35 million at Christie's, becoming the NFT. fastest growing expensive ever sold, and ranked Beeple among the top three most valuable living artists.

And in November 2021, the artist's HUMAN ONE sold for $28,9 million at Christie's XNUMXst Century Evening Sale, becoming the sequel to the artist's unprecedented digital work. The piece was composed of an NFT and a physical sculpture.

Solana NFT Drop

Meanwhile, the daily sales volume of NFTs on the Solana blockchain hit its lowest level in over a year amid the prolonged crypto winter that has seen the value of nearly all cryptocurrencies fall more than 70% from their highs. historical.

Specifically, Solana NFT's daily sales volume has been around $2021 million for the past two days, a level not seen since early August 48. For perspective, Solana NFT's daily sales volume has reached a record of more than 2021 million dollars. end of August XNUMX.

Part of the decline in interest in Solana NFTs has been attributed to the rise of the Aptos blockchain, a Layer 1 proof-of-stake blockchain designed by former Meta engineers.

The protocol, which aims to leverage its new smart contract language, Move, to achieve throughput of more than 100.000 transactions per second, was considered a Solana killer.