EtherRock
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EtherRock
EtherRock also called EthRock is an early Ethereum based non-fungible token (NFT) project from 2017 that depicts various-colored rocks. There are 100 EtherRocks. Background In December 2017, 100 EtherRocks were produced via a smart contract, using artwork taken from a clipart website, and published on the Ethereum blockchain. Only 30 rocks were sold in the first three years of the project's existence. In the early weeks of August 2021, Gary Vaynerchuk tweeted about EtherRock and the price spiked so much that the $300,000 became the lowest available price for one of the NFTs. Justin Sun has been reported to have bought an EtherRock for $500,000. Prices continued to rise thereafter. In late August and early September 2021, 3 Etherrocks were sold for $ 2,268,832 (599 Ether), $2,607,584 (790 Ether) and $2,872,733 (888 Ether). Another Etherrock was sold for $1,929,060 (420 Ether). The highest price to date of $3,765,261 (900 Ether) was achieved in October 2021. In March 2022, a co ...
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Rare Pepe
A rare Pepe or RarePepe is a variation on the "Pepe the Frog" internet meme, itself based on a character created by Matt Furie. The related Rare Pepe crypto project, created by various artists worldwide between 2016 and 2018, was based on the aforementioned meme and traded as non-fungible tokens (NFTs) recorded on the CounterParty platform. A total of 1,774 official cards were released for the project across 36 series. On October 26, 2021, a rare Pepe, ''PEPENOPOULOS'', sold at a Sotheby's auction for $3.6m USD. Pepe the Frog Pepe the Frog is a cartoon green anthropomorphic frog with a humanoid body. The character originated in the 2005 Matt Furie comic ''Boy's Club'', and became an Internet meme in 2008, popularised through Myspace, Gaia Online and 4chan. In the 2010s, the character's image was appropriated as a symbol of the alt-right movement, and by white supremacists. The Anti-Defamation League included Pepe in its hate symbol database in 2016, but said most instan ...
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Non-fungible Token
A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable assets, they differ from cryptocurrencies, which are Fungibility, fungible. Proponents of NFTs claim that NFTs provide a public certificate of authenticity or Title (property), proof of ownership, but the legal rights conveyed by an NFT can be uncertain. The ownership of an NFT as defined by the blockchain has no inherent legal meaning and does not necessarily grant copyright, intellectual property rights, or other legal rights over its associated digital ...
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CryptoPunks
''CryptoPunks'' is a non-fungible token (NFT) collection on the Ethereum blockchain. The project was launched in June 2017 by the Larva Labs studio, a two-person team consisting of Canadian software developers Matt Hall and John Watkinson. The experimental project was inspired by the London punk scenes, the cyberpunk movement, and electronic music artists Daft Punk. The crypto art blockchain project was an inspiration for the ERC-721 standard for NFTs and the modern crypto art movement, which has since become a part of the cryptocurrency and decentralized finance ecosystems on multiple blockchains. CryptoPunks are commonly credited with starting the NFT craze of 2021, along with other early projects including CryptoKitties, Bored Ape Yacht Club, and the sale of Beeple's ''Everydays: The First 5000 Days''. There are 10,000 CryptoPunk tokens total. Due to their rarity and exclusivity, they sell for higher prices on the open market and have sold using auction houses like Christie's ...
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Non-fungible Token
A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable assets, they differ from cryptocurrencies, which are Fungibility, fungible. Proponents of NFTs claim that NFTs provide a public certificate of authenticity or Title (property), proof of ownership, but the legal rights conveyed by an NFT can be uncertain. The ownership of an NFT as defined by the blockchain has no inherent legal meaning and does not necessarily grant copyright, intellectual property rights, or other legal rights over its associated digital ...
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Blockchain Art
A non-fungible token (NFT) is a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded in a blockchain, and that is used to certify authenticity and ownership. The ownership of an NFT is recorded in the blockchain and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create. NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable assets, they differ from cryptocurrencies, which are fungible. Proponents of NFTs claim that NFTs provide a public certificate of authenticity or proof of ownership, but the legal rights conveyed by an NFT can be uncertain. The ownership of an NFT as defined by the blockchain has no inherent legal meaning and does not necessarily grant copyright, intellectual property rights, or other legal rights over its associated digital file. An NFT does not restrict ...
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Ethereum
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (Abbreviation: ETH; sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin. Additional founders of Ethereum included Gavin Wood, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin. In 2014, development work began and was crowdfunded, and the network went live on 30 July 2015. Ethereum allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact. Decentralized finance (DeFi) applications provide a broad array of financial services without the need for typical financial intermediaries like brokerages, exchanges, or banks, such as allowing cryptocurrency users to borrow against their holdings or lend them out for interest. Ethereum also allows users to create and exchange NFTs, which are un ...
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Collectable
A collectable (collectible or collector's item) is any Physical object, object regarded as being of value or interest to a collecting, collector. Collectable items are not necessarily monetarily valuable or uncommon. There are numerous types of collectables and terms to denote those types. An antique is a collectable that is old. A curio is a small, usually fascinating or unusual item sought by collectors. A manufactured collectable is an item made specifically for people to collect.Danziger, Pamela (July 1, 1069)''Why People Buy Things They Don't Need: Understanding and Predicting Consumer Behavior'' Kaplan Publishing. The business of collectables Created to be collected A "manufactured" collectable (often referred to as a contemporary collectable) is an item made specifically for people to collect. Examples of items commonly sold as collectables include plate (dishware), plates, figurines, bell (instrument), bells, graphics, Beer stein, steins, and dolls. Some companie ...
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Smart Contract
A smart contract is a computer program or a transaction protocol that is intended to automatically execute, control or document events and actions according to the terms of a contract or an agreement. The objectives of smart contracts are the reduction of need for trusted intermediators, arbitration costs, and fraud losses, as well as the reduction of malicious and accidental exceptions. Smart contracts are commonly associated with cryptocurrencies, and the smart contracts introduced by Ethereum are generally considered a fundamental building block for decentralized finance (DeFi) and NFT applications. Vending machines are mentioned as the oldest piece of technology equivalent to smart contract implementation. The original Ethereum white paper by Vitalik Buterin in 2014 describes the Bitcoin protocol as a weak version of the smart contract concept as originally defined by Nick Szabo, and proposed a stronger version based on the Solidity language, which is Turing complete. Si ...
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Clipart
Clip art (also clipart, clip-art) is a type of graphic art. Pieces are pre-made images used to illustrate any medium. Today, clip art is used extensively and comes in many forms, both electronic and printed. However, most clip art today is created, distributed, and used in a digital form. Since its inception, clip art has evolved to include a wide variety of content, file formats, illustration styles, and licensing restrictions. It is generally composed exclusively of illustrations (created by hand or by computer software), and does not include stock photography. History The term "clipart" originated through the practice of physically cutting images from pre-existing printed works for use in other publishing projects. Before the advent of computers in desktop publishing, clip art was used through a process called paste up. Many clip art images of this era qualified as line art. In this process, the clip art images are cut out by hand, then attached via adhesives to a board repr ...
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Gary Vaynerchuk
Gary Vaynerchuk (born Gennady Vaynerchuk; November 14, 1975; , ), commonly known as Gary Vee, is a Soviet-born American entrepreneur, author, speaker, and Internet personality. He is a co-founder of the restaurant reservation software company Resy and Empathy Wines. First known as a wine critic who expanded his family's wine business, Vaynerchuk is now more known for his work in digital marketing and social media as the chairman of New York-based communications company VaynerX, and as CEO of VaynerX subsidiary VaynerMedia. Early life Vaynerchuk was born in Babruysk in the Soviet Union (today part of Belarus), and immigrated to New York City in the United States in 1978 at the age of three. He is of Ashkenazi Jewish descent. Growing up, Vaynerchuk lived in New York City's Queens borough and later moved to Edison, New Jersey. At age 14, he joined his family's retail-wine business. After his family moved, he graduated from North Hunterdon High School. In 1998, Vaynerchuk graduat ...
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Justin Sun
Justin Sun (Chinese: 孙宇晨; pinyin: Sūn Yǔchén; born July 30, 1990) is a Chinese cryptocurrency entrepreneur, and business executive. He is the founder of Tron (founded July 2017), a blockchain DAO ecosystem. Sun is the Permanent Representative of Grenada to the WTO. Education Sun was born in 1990. He holds a B.A. in History from Peking University and an M.A. in East Asia Studies from the University of Pennsylvania. Career Sun studied at Hupan University and became the cover figure of Yazhou Zhoukan in 2011 and Davos Global Youth Leaders in 2014. In 2015 he was named CNTV's most noteworthy new entrepreneur, and was named in ''Forbes'' China 30 Under 30 from 2015 through 2017. In September 2017 his company Tron held an initial coin offering (ICO) for the TRN token, a few days before the Chinese government banned ICOs. According to ''The Verge'', Sun was aware of the impending ban, and pushed for the sale to occur before the ban could be announced. Shortly afterward ...
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Auction Sniping
Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper. This can be done either manually or by software on the bidder's computer, or by an online sniping service. A bid sniper (often, merely called a ''sniper'') is a person, or software agent, that performs auction sniping. Usage Online services claim that their use decreases the failure rate of the snipe, because they have more reliable servers and a faster Internet connection with less variation in latency, allowing the bid to more reliably be placed close to the deadline. Strategy Experienced bidders on online auctions with fixed ending-times often prefer entering bids late in the auction to avoid bidding wars (multiple rounds of bidders each increasing their maximum bid to temporarily regain ...
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