For Orlinski, embodying the playful and limitless spirit of this universe, has captured the collective imagination while simultaneously promoting the values of freedom and innovation.
Not by chance, even the richest man in the world, Elon Musk, known for being a supporter and influencer of Dogecoin, is said to have used the symbol of the little dog on several occasions.
Last April 2023, when Musk had just become the official new owner of X (formerly Twitter), for a period of time he would have replaced the blue bird logo with the Shiba dog.
Even at the end of January 2025, the little dog logo was present for a few days also on the new site of the Department of Government Efficiency (D.O.G.E) of which Musk is the head.
According to data from CryptoSlam, an NFT data tracker, CryptoPunks sales have reached an impressive $21.5 million in the last seven days. This highlights not only the growing interest in CryptoPunks, but also the explosion of activity in the NFT market as a whole.
With the increase in NFT sales on different blockchain networks, the overall volume of NFT transactions has reached astonishing figures. In the last 30 days, NFTs have recorded sales volume of 1.5 billion dollars on various platforms, confirming the growing importance and relevance of this sector in the cryptocurrency and blockchain technology ecosystem.
Banksy’s debut of “Turf War” in NFT format
In late November 2023, 10101.art had already debuted with the launch of the famous artwork “Turf War” by Banksy, in NFT format.
The concept of artful living means living surrounded by art: stimulating our creativity improves our well-being and connects us to culture in a profound way. Imagine coming home and finding inspiration in every corner, in every detail. This is the vision we want to share: to chart a new map of spaces and moments that resonate with our lives.”
Artful living is a well-established trend in the USA, where apartments and homes, both luxury and non-luxury, are sold with artworks integrated into the domestic environment.
Despite the success, Justin Sun faced numerous legal difficulties. As mentioned earlier, in 2023, the SEC accused him of manipulating the market to artificially inflate the value of the tokens associated with TRON and BitTorrent.
Furthermore, it has been under investigation since 2022 by the FBI and the New York district attorney for alleged criminal violations.
However, these issues do not seem to hinder his ambitions. Sun continues to invest in innovative projects, using his vast influence to expand the blockchain ecosystem.
However, the accusations raise questions about the boundary between innovation and legality in the bull and bear cryptocurrency sector.
For example, Microsoft is in partnership with Samsung for hardware production for the metaverse that should challenge Apple’s Vision Pro headsets. However, these devices will not be available before 2026.
On the contrary, Apple presented its Vision Pro AR/VR last June 2023, officially entering the world of the metaverse.
More recently, there is Google, which in June 2024, has instead formed a partnership with the company Magic Leap to offer immersive experiences and promote the AR/VR ecosystem. Magic Leap has already released a head-mounted augmented reality display, called Magic Leap One, which overlays computer-generated 3D images onto real-world objects.
For example, the same Meta Platforms, whose name was chosen specifically to highlight the metaverse sector as its core business, has shown its interest in AI.
Last August, releasing its Q2 2024 report, it emerged an additional loss in the metaverse sector of 4.5 billion dollars. On the other hand, CEO Mark Zuckerberg showed his interest in AI by announcing his new model that will become the most used AI assistant by the end of the year.
The interest of the Lotte Group in blockchain is not new. Already at CES 2023, the company had announced ambitious plans for the metaverse, initially collaborating with the Ethereum sidechain Polygon for its NFT initiatives.
However, the alliance with Arbitrum represents a strategic shift, allowing the group to fully leverage the potential of blockchain technology for complex and large-scale projects.
Not by chance, NFTs can represent anything unique in the metaverse, such as digital identifiers (DID), avatars, personal profile pictures (PFP), or personal records of any kind. Then there are virtual real estate properties, artworks, collectibles, and much more.
The value of NFTs is represented by the “disintermediation” of Web3. With NFTs, both in the metaverse and in general, all creators who sell their works receive almost all the proceeds from the sale, minus a marketplace commission (usually 2.5%) and any gas fees.
Not only that, the end users of a Web3 network also receive rewards for contributing to the value of their networks. Siu reports that in 2024, these users received the equivalent of 14.9 billion dollars in the form of airdrop.
The NFTs continue today to be preferred over the traditional intellectual property industry, that of Web2.
Although the trademark application does not guarantee the launch of a product, it paves the way for new opportunities in the sector. The platform could include digital collectibles and other interactive elements related to Trump.
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