Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more

Swipe Right in the Metaverse

Renowned New York socialite Paris Hilton believes the metaverse could be the perfect place to find your true love.

In a February 9 tweet, the celebrity and reality TV star said she would be working with The Sandbox (SAND) to bring Parisland to life.

The idea is essentially a virtual reality (VR) dating experience crossed with a reality dating show, and is scheduled to release on February 13 for Valentine’s Day.

According to According to the February 9 announcement, players will take part in an “in-game dating reality show” hosted by Hilton where they will virtually meet five potential lovers.

The experience will run until March 13, when players will complete quests to win non-fungible tokens (NFTs) or SAND prizes and memorabilia.

Such quests include choosing a wedding dress and ring, “rescuing a shipwrecked person, and flirting with other contestants.”

Nothing shows real love for someone you just met online quite like NFT “interlaced love rings”. Image: Parisland

Once the players complete all the quests and find the love of their lives, they will have a virtual wedding and Hilton herself will rotate the decks for their first dance together.

The event is co-hosted by Hilton-founded entertainment firm 11:11 Media. Cynthia Miller, head of web3 and metaverse strategy at the company, said her mission is to help people find love through the experience.

CryptoPunk Ordinals Fake Profits

The Bitcoin (BTC) NFT activated by the Ordinals protocol caused quite a stir in the community, but it was not enough to stop some from paying thousands of dollars for select collections.

A fake collection of Ethereum-based CryptoPunks NFTs called Ordinal Punks has made its way to Ordinals and has a total supply of 100. according to to the project site.

According to Punk 94 was sold for 9.5 BTC ($215,000) on February 8, according to the Discord projects price feed.

This is the highest amount anyone has paid for a BTC clone of Punk from the collection, and is roughly double the price of the last CryptoPunk sold from the original Ethereum collection, which was sold for 70 Ether (ETH) ($110,000). according to to OpenSea data.

The screenshot shows sales from 9.5 to 4 BTC in the last 48 hours. Source: Ordinal Punks Discord

Other sales in the last 48 hours show one Ordinal Punk selling for six BTC, around $130,000, while others sell for 4.5 BTC ($100,000).

According to the sales data, this is a significant price jump from the end of last week, when some Ordinal Punk were sold for as little as 0.07 BTC ($2,200) on February 2nd.

RhiRhi royalties are being sold off via NFT

Royalty for Rihanna’s 2015 hit song “Bitch Better Have My Money” has just been offered as part of a 300 NFT collection.

Jamil “Deputy” Pierre was one of the song’s producers who currently sold approximately 1% of his share of the streaming royalties through 300 NFTs, which gives the holder a lifetime share of 0.0033% of the recording’s royalties when it is broadcast digitally on platforms such as Spotify.

collectionsold by Pierre in partnership with music platform NFT Anotherblock, was listed for sale on February 9 at 0.128 ETH each, or roughly $210.

On the same day, another block tweeted that the collection sold out “in minutes”.

The other block predicts that one NFT will yield a “probable” first year return of 6.5%, which would bring in $13.65 per year. At this rate, it will take the holder about 15 years to recoup their investment.

It is not clear how much of the song’s royalties Pierre kept after selling NFT.

Def Jam launches virtual group with Solana NFT collection

Def Jam Recordings, a record label subsidiary of Universal Music Group, is trying its hand at building a Web3-focused band in partnership with NFT’s Solana (SOL) collection The Catalina Whale Mixer.

Announced According to a Billboard report on Feb. 8, the band, called The Whales, will be made up of cartoon whale characters making up a collection, similar to the virtual band Gorillaz.

Catalina Whale Mixer later tweeted that the group would be a “musical gamified group” and NFT holders in the collection could “get a role for [their] whale.”

Def Jam has yet to confirm the names of the musicians behind the project, but has reportedly stated that it will feature a “who’s who” of talent and The Whales will release a full-length album, but did not reveal a timeline.

Def Jam boasts signed artists such as Justin Beiber, LL Cool J, Rihanna and Nas.

In 2021, another universal sister label, 22:22, signed a similar NFT-backed virtual group called Kingship, consisting of four monkeys from the NFT’s Bored Ape Yacht Club (BAYC) collection.

Other great news:

Luxury fashion brand Hermès has won a trademark infringement case against NFT artist Mason Rothschild over his use of the Birkin trademark for his MetaBirkins NFT collection. The firm was awarded $133,000 in damages.

YouTuber Steven Findeisen, better known as Coffeezilla, lured mixed martial artist Dillon Danis into promoting a fake NFT collection that, according to Findeisen, “literally stands for SCAM.”

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