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In the last episode of the Cryptographic minute, Ross Mac of Maconomics explored NFT betting from Steph Curry and Adidas and a recent investigation into bitcoin possession.
Transcription:
We’re used to Chief Curry’s drop points, now he’s dropping a streak of record NFTs … while Adidas has made an insane amount of money from his own NFT sale.
It’s your boy Ross Mac and these are the biggest cryptocurrency stories of Monday, December 20.
Steph Curry dropped an NFT surprise to celebrate the NBA’s three-point record. He broke Ray Allen’s record by hitting 2,974 3 points and as a result he will release 2,974 NFT for every 3 made along the way. This won’t be the last time Curry releases NFTs … let’s see what he does next.
Not to be outdone by Nike … Adidas sold about $ 22 million worth of NFT in a single Friday afternoon releasing more than NFT 29,000. The NFTs were created in partnership with the Bored Ape Yacht Club, Punks Comics and Gmoney. Now there have been a few hiccups along the way, but Adidas has promised to reimburse people who lost their gas bills. Adidas said this was just the start on their website as it appears to be going deeper into the metaverse
According to a study by the National Bureau of Economic Research, the top 10,000 bitcoin accounts have five million bitcoins, which, depending on the day and price, equals hundreds of billions of dollars. the WSJ found that of the 114 million bitcoin holders, around 0.01% control 27% of the 19 million bitcoin currently in circulation … it doesn’t seem too decentralized.
TheStreet Crypto Minute is brought to you by Blockchain.com.
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