The wolf of nonfungible streets

Quondam crypto skeptic Jordan Belfort has bravely outed himself as an nonfungible (NFT) proponent amid the booming growth of the sector in 2022.

Belfort is known for his dodgy antics while working equally a stockbroker on Wall Street, with his story being captured in "The Wolf of Wall Street" film starring Leonardo DiCaprio.

The 59-yr-old has slammed crypto on multiple occasions and in 2022, he fifty-fifty compared Bitcoin to the level of fraud that his firm Stratton Oakmont used to engage in before he was indicted for securities fraud and money laundering in 1999.

On Monday, Belfort revealed to his 600,000 followers that he purchased CryptoPunk #6033, depicting a male person wearing a durag and smoking a vaporizer pen. Co-ordinate to the transaction history on OpenSea, Belfort spent 102.49 Ether (ETH) worth roughly $410,000 on the NFT.

He then followed that upwardly by bullishly tweeting "Wow! I love NFT Twitter! And at present that I'chiliad here, I'm not fucking leaving!"

Earlier this calendar month, Belfort unveiled his own upcoming NFT drib, which will feature artwork inspired by The Wolf of Wall Street Movie and his life. While details are sparse at this stage, Belfort tweeted on Oct. 21 that he is currently working on how to "add utility for each holder" of his NFTs so that he can make it a unique drop.

Disney NFTs are the bare "necessities"

Disney is taking the plunge into the NFT sector with a collection of tokenized characters from popular movies and shows owned by the multinational giant.

While details of the specific characters have not been announced, in that location is a vast corporeality of content to choose from, given that Disney also owns Pixar, Marvel and the Star Wars franchise.

The drop is set to go live on November. 12 and is being launched in collaboration with the VeVe NFT platform. The drove is dubbed "Golden Moments" and whatsoever NFT purchaser will likewise receive three months of free service on the Disney+ streaming app.

Disney NFT drib: VeVe

VeVe hosts a marketplace for licensed NFTs, and the firm has previously launched digital comics in collaboration with Marvel and DC, along with launching NFTs depicting content from Adventure Fourth dimension, Monster Hunter, Star Expedition and Jurassic Park to proper name a few.

The Economist's NFT sale raised $422K for charity

The 178-year-onetime global news publication The Economist sold a tokenized magazine embrace for effectually $422,000 on Monday.

The NFT magazine encompass was from the "Down the rabbit hole" edition of The Economist on Sept. eighteen, which explored the world of decentralized finance (DeFi). The cover depicts an Alice in Wonderland-themed analogy, with Alice looking down a rabbit pigsty while various crypto coins take the plunge below.

Down the rabbit pigsty: The Economist

The NFT sold via auction for 99.90 ETH ($400,000 at current prices) on Mon, with the profits from the auction going to The Economist Educational Foundation, which is an independent youth outreach charity that teaches young people to analyze current affairs.

WWE seeks NFT-based summertime slam

World Wrestling Entertainment (WWE) has penned a deal with Fox's NFT firm Blockchain Creative Labs to launch licensed NFT collectibles.

The multi-yr deal was announced on Midweek and the partnership will see the rollout of NFTs depicting iconic moments in WWE history, along with its stars and events such as WrestleMania and SummerSlam. A marketplace will be launched to host the assets, although the details are still to be appear.

Related: Upgradable NFTs: How collaborations volition spring forward

With the new partnership, it appears that the WWE is looking to learn from the mistakes of its previous NFT drops. WWE Hall of Famer John Cena labeled his own licensed drop a "catastrophic failure" terminal month. Cena said that fans only purchased seven.4% of his NFTs and questioned whether the cost signal for the 500 Gold tier packages was also high.

"Myself and the folks in the WWE idea $1,000 was a fair price point. We were incorrect. We were absolutely wrong," Cena said at Florida Supercon 2022 on Sept. 12.

Other NFT News

Software giant Adobe appear on Tuesday that it is partnering with major NFT marketplaces, including OpenSea, KnownOrigin and SuperRare, to allow users to verify the authenticity of the digital content on the platforms.

On Mon, GameStop listed a total of 8 jobs for crypto-friendly candidates to work on its NFT platform and Web3 gaming initiatives. The listings include 3 roles for NFT-experienced software engineers, iii jobs for product marketers, and two roles focused on Spider web 3.0-based gaming.