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Vitalik Buterin portrait from 2014 auctioned as NFT
An image of Ethereum co-founder Vitalik Buterin, taken in 2014, is being auctioned off as a nonfungible token (NFT) to celebrate the 10th year of Ethereum’s creation. The portrait, by Canadian photographer Andrew Miller, was taken before the popular developer became famous.
Within the image, Buterin is wearing formal wear — a look that the Ethereum founder does not usually don. The NFT listing shared the story behind the portrait and how it came to be. Miller met Buterin in Toronto before he gained fame and wanted to contribute to giving the young inventor “a stronger public image and marketability”. However, Buterin showed up to the photo shoot in his usual “distressed casual clothing”, so Miller gave him his own striped shirt to wear.
Neopets transitions into a non-crypto game
The creators of the NFT-powered game Neopets Metaverse have recently announced some changes to the project following a shift in leadership. According to the announcement, the team will now focus on a new concept called World of Neopets, which is not a crypto-based game like Neopets Metaverse.
In a blog post, the team wrote that the Neopets Genesis Collection, Neopets Pizzaroo Collection and Neopets Masterpiece will still be available on the open market. The team highlighted that it will continue to support the community that embraced the collections and the Neopets Metaverse Discord channel will remain functional.
Despite the assurances, many community members were unhappy with the changes, with some raising questions about Neopets potentially performing a “legal form of rug pull.” Others asked for refunds of the minting fee, while some brought up investments raised by the team from web 3.0 metaverse and crypto projects.
OpenSea delists NFT collection backed by staked ETH
NFT marketplace OpenSea has removed a collection from its platform that was made up of NFTs that represented staked Ether. Mike Silagadze, the CEO of Ethereum staking protocol Ether.fi, wrote an open letter expressing his disappointment with the decision, calling it a “gut punch” as all listings vanished without any warning from the marketplace. Additionally, new listings were disabled and showed vague error messages.
The NFTs minted at Ether.fan are backed by ETH staked within the platform and can be used as a profile picture. It also showcases support for Ethereum decentralization. According to the letter, the team had consulted with OpenSea to make sure that the project was compatible with its market before launching it, yet there was no indication of any potential issues with the NFT collection.
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