Nifty News: The Simpsons roast NFTs, Yuga Labs exec departs after anti-semitic tweets and more

The Simpsons roasts NFTs successful caller Halloween episode

Animated tv bid The Simpsons spent an full conception mocking nonfungible tokens (NFTs) during the latest 34th yearly Treehouse of Horror Halloween special, successful a conception called “Wild Barts Can’t Be Token.”

In the special, Homer accidentally mints Bart connected the blockchain, and successful the ensuing scenes, the creators poke amusive astatine NFTs, each portion referencing collections specified arsenic the Bored Ape Yacht Club, Doodles, arsenic good arsenic the viral integer creator Beeple.

Get acceptable for a non-fungible nighttime successful tomorrow's #TreehouseOfHorror XXXIV connected @FOXTV, adjacent time connected @hulu. pic.twitter.com/Y4cSiyp4kD

The peculiar revolved astir poking amusive astatine the speculative quality of NFTs and however the marketplace is mostly fueled by FOMO (fear of missing out).

Once Marge discovers that Bart has go trapped on-chain, she excessively digitizes herself arsenic NFT. She battles her mode done carriages connected a virtual bid — which is virtually powered by FOMO — to rescue Bart, warring NFT-themed characters each the while.

The last gag lands erstwhile Homer yet decides to articulation successful the enactment (due to FOMO) and mints himself arsenic NFT. The 2nd helium does so, the bid runs retired of steam and the terms of each the NFTs plunge to near-zero. Homer ends the occurrence with his catchphrase “Doh!”

Despite being the fundamentally the punchline of an episode-long joke, the NFT assemblage connected Crypto Twitter reacted with delight, with Beeple saying that his enactment appearing connected the amusement was a “bucket database moment” for him arsenic an artist.

Notably, the Simpsons creators adjacent parodied their ain NFT postulation — Golden Moments — which was archetypal offered successful conjunction with Disney+ by the NFT level VeVe successful Nov. 2021.

“We saw that,” wrote the authoritative relationship for Veve.

We saw that @TheSimpsons pic.twitter.com/nBAQEjJmyp

Degens currency successful connected Simpsons NFT episode

NFT enthusiasts certaididn’t fto the Simpsons roast spell to waste, with creators rushing to capitalize connected the newfound publicity for NFTs.

Just hours aft the occurrence archetypal aired, Italian parody creator Rino Russo launched a Simpsons-derived NFT project, which combined the likeness of Simpsons characters with CryptoPunks.

The collection, dubbed Springfield Punks, was launched arsenic a escaped mint and rapidly sold retired arsenic NFT fans rushed successful connected the hype.

At the clip of publication, the Simpsons Punks postulation has witnessed a whopping 1,377 Ether (ETH) — worthy $2.6 cardinal astatine existent prices — successful trading volume, making it the 3rd astir traded postulation connected OpenSea successful the past 24 hours.

Yuga Labs societal pb steps down aft anti-semitics tweets resurface

Shpend Sahilu, the societal lead for NFT institution Yuga Labs announced that helium would beryllium stepping down aft anti-semitic tweets helium posted years agone resurfaced connected societal media.

Sahilu, amended known by the pseudonym NGBxShpend connected X, explained that helium would beryllium leaving his relation astatine the company, owed to his past anti-semitic tweets becoming “a distraction” from the Bored Ape Yacht Club.

“I privation to apologize to anyone who I whitethorn person fto down with tweets I made successful mediocre taste,” helium wrote successful a Nov. 5 station connected X.

One idiosyncratic attached a screenshot of 1 of the offending tweets from 2016 successful the comments conception of the archetypal post, showing him making a gag astir Hitler.

Yuga Labs, the institution down the Bored Ape Yacht Club and Crypto Punks, person been accused of perpetuating anti-semitic stereotypes successful their artwork by arguable artists Ryder Ripps and Jeremy Cahen, thing that led to a much than year-long ineligible battle.

However, Yuga Labs precocious notched a ineligible triumph against the provocative duo, with the tribunal ordering Ripps and Cahen to wage $1.6 cardinal successful damages to Yuga Labs for copyright infringement.

NFT income amusement signs of reversal aft year-long downturn

After a agelong diminution successful NFT sales, the marketplace seems to beryllium yet showing signs of a recovery, with monthly income volumes increasing for the archetypal clip successful a year, according to a report from crypto information steadfast DappRadar.

“The year-long downward inclination successful NFT trading has been broken. Trading measurement is up by 32% from $306 to $405 million, returning astir to levels seen successful August,” wrote the report.

The study recovered that NFT trading measurement grew by $99 cardinal successful October compared to income successful September, bringing trading enactment backmost to levels somewhat beneath that of August.

NFT income volumes accrued by astir $100 cardinal successful October. Source: DappRadar

Despite the seemingly important summation month-over-month, it's worthy noting that October’s $340 cardinal sum pales successful examination to the $1.98 cardinal of measurement witnessed 7 months anterior successful March.

When it came to trading volume, Ethereum-based NFTs inactive dominated the market, increasing much than 50% successful October. Meanwhile different networks specified arsenic Polygon, Starkware, and Flow saw their income measurement driblet 48%, 42% and 32% respectively.

The study made peculiar enactment of NFT enactment connected the Solana (SOL) ecosystem, which — aft being plagued by the FTX downfall — showed signs of strength, notching a 15% uptick successful wide trading volume.

Other Nifty News:

Attendees of the Yuga Labs’ ApeFest lawsuit connected Nov. 4 successful Hong Kong have reported burns, damaged imaginativeness and “extreme pain” successful their eyes, which they property to the usage of improper lighting.

NFT marketplace OpenSea announced connected Nov. 3 that it would beryllium laying disconnected 50% of its full staff. Co-founder and CEO Devin Finzer broke the quality connected X saying the institution was launching OpenSea 2.0 with a smaller team.

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