Aleksandra Artamonovskaja
NFT visionaries are doubling down on community ethos amid a bearish cycle
The fever-pitch euphoria of nonfungible tokens (NFT) reached its proverbial all-time highs in the hours preceding the calamitous gas wars of the Otherside metaverse land sale. But by most reputable accounts, following almost a year of frantic exponential growth, rife speculation and cultural spotlighting, the market was long overdue a respite. A hiatus from minting drama. It has now subsided and officially entered its inaugural bearish cycle. Statistical data from OpenSea paints a sorrowful assessment of the market’s financial fortunes, with the floor prices of some highly popular collections more than halving since peak highs. The eminent Bored Ape Yacht Club is down from its peak floor price of 156 Ether (ETH) from the beginning of May to 98.8 ETH at the time of wri...
Web3 initiative Reli3f has raised over $1.5M for Ukrainian aid efforts
Reli3f, a humanitarian initiative birthed upon the innate artistic commitment to narrate stories in times of hardship, launched their second nonfungible token (NFT) collection Thursday, raising over $300,000 for recognized Ukrainian charities and taking their total to over $1.5 million. Founded by several esteemed Web3 entrepreneurs — Satvik Sethi, Andrew Wang, Giovanni Gussen, Aleksandra Artamonovskaja, Raskalov, and developer SignorCrypto — in late February this year, Reli3f has unified the talents of 62 artists across the world to showcase the enormous philanthropic potential of NFTs for social good. The team chose to distribute the first collection’s fund across a range of enterprises, including 46.25 ETH each to Razom Ukraine, Serhiy Prytula Foundation, Valery So...
