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Today's Bytes: Robotos Shuts Down, Bitcoin Hits 52K, The Glenlivet Turns to NFTs and AI to Sell

This week in web3 via NettyBytes

by NettyWorth

1. Robotos NFT Shuts Down! šŸ¤ÆšŸ˜­

Source: Robotos.art

After 2.5 years the beloved Robotos project, a pioneering collection of 9,999 android NFTs created by the talented Pablo Stanley, has officially announced its closure. Launched in August 2021, the collection generated about $1.3 million at mint. Despite the project's end, the community's response was overwhelmingly supportive, reflecting the deep connection and impact Robotos had. The project's shutdown comes after a heartfelt discord conversation where Stanley expressed his deep reflections on the project, stating, "godā€¦ sometimes I wish I could just close this thing. Why do we even keep doing this, right? Why even keep going with the comic? I got convinced by @1K to keep goingā€¦ but.. yeah, I think Iā€™m fucking done. Good luck to all of u!ā€ This was shortly followed by official announcements on Twitter and closing Discord, marking the end to the project. Despite the project's conclusion, Stanley hints at continuing work on the Robotos comic book, so stay tuned.

The team at NettyWorth, as Robotos collectors, wishes Stanley and his team well.

2. Bitcoin Surpasses $52K as Exchange Liquidity Skyrockets

Bitcoin surged past $52,000 with a 1.3% gain from yesterday and a 17% increase from last week. Exchange liquidity has grown rapidly, with $37 billion worth of BTC changing hands in the past day. Open interest in Bitcoin contracts has climbed to $24 billion, nearing the all-time high seen in April 2021. This growth in open interest is accompanied by increased liquidity on exchanges, noted by blockchain analytics firm Kaiko. Additionally, there's a significant amount of BTC flowing into Bitcoin ETFs, indicating strong interest from Wall Street. BlackRock's iShares Bitcoin Trust (IBIT) saw inflows of $500 million, reaching roughly $5 billion in assets under management.

3. The Glenlivet Turns to NFTs and AI to Sell $43,000 Whisky Collection

Source: The Glenlivet 

The Glenlivet, a Scotland-based distillery, is leveraging NFTs and AI to sell 12 bottles of 50-year-old whisky, priced at $43,000 per bottle. The company used AI to create unique labels for each bottle and is using a blockchain-based marketplace for traceability and provenance. The sales will be conducted through The Whisky Exchange Cabinet, which issues NFT-based digital certificates of authenticity and ownership. This initiative marks The Glenlivet's celebration of 200 years in business and represents a forward-looking approach for the distillery.

Past 7 Days

Bitcoin $52,021.60 +15.5%

Ethereum $2,821.42 +15.54%

Solana $113.84 +9.39%

Cardano $0.6006 +13.64%

Bored Ape Yatch Club #1726

Sale:
275 ETH
$668,296.81

Last Sale:
3 Years Ago

4 ETH
$11,797.27

We keep working on a daily based on the community channels and profiles. Mobile development started this week and expected to launch in the upcoming weeks.

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