– Grails by PROOF is a unique NFT project that abstracts away the identity of the artist, creating speculation and intrigue among collectors.
– The project has attracted big names in the NFT space, including artists like Snowfro, Larva Labs, and Tyler Hobbs, as well as celebrities like Gary Vaynerchuk and Tim Ferriss.
– Season IV of Grails is set to be revealed on August 11, with new mechanics and storytelling elements added to enhance the experience.
– The season will feature long-form generative projects using the Art Blocks engine, creating unique and live-generated NFTs.
– The concept of Grails aims to challenge collectors to engage deeply with the artwork and focus on the storytelling aspect rather than the financialization of NFTs.
– Notable sales in the NFT art market include Autoglyphs, Alpha Centauri Kid, and Drifter Shoots.
– PFP holders are not doomed in the NFT bear market if they choose the right project and focus on building a globally recognized brand.
– Amazon Prime has partnered with Mojo Melee to give away NFTs to its subscribers, signaling its entry into the Web3 gaming space.
– The tweet of the week highlights the growing influence of blockchain technology across various industries.