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The SPX index is up 0.38%, key economic data indicated a slowdown in inflation, supporting the view that the Fed might halt rate hikes. The broader cryptocurrency market is up, with Bitcoin and Ether rising 0.12% and 0.92% respectively in the past 24 hours.
Today’s outperformer is RARE, which jumped 14.2% after Laurent Castellani's 'Solaris-A' collection is set to release in Fall 2024 on SuperRare.
SuperRare (RARE), launched in 2018, is an NFT marketplace specializing in high-quality digital art from selected artists, focusing on art-based NFTs and not including gaming, music, or domain NFTs. Artists tokenize their unique artwork for sale or auction. Launched initially as an exclusive art gallery, SuperRare introduced its RARE token in 2021 for decentralized governance through a DAO. "Solaris-A," set for release in Fall 2024 by renowned French photographer and crypto artist Laurent Castellani, focuses on the interplay of sunlight in photography. The book will feature portraits, the female form, and abstract concepts, reflecting Castellani's style of blending dream and reality. Inspired by films and his personal experiences, his creative process involves instinct and organization, aiming to transform images with an extra element.
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Team Liquid, a major esports organization, is collaborating with Illuvium, an NFT game currently in early access, to enhance its player-vs-player (PVP) auto battler experience. Team Liquid will contribute to game development, focusing on the PVP aspect, and help establish Illuvium's esports scene, including co-hosting a tournament in 2024 with a $100,000 prize pool. The collaboration will also feature Team Liquid-themed NFTs in Illuvium, such as character skins and avatars, leveraging the Ethereum scaling network Immutable X. This partnership aims to merge Web3 gaming with mainstream esports, reflecting Team Liquid's ongoing exploration of crypto's role in competitive gaming. Team Liquid's Web3 Senior Partnerships Manager, Ross Groves, emphasized the organization's commitment to introducing fans to Web3 gaming in a secure and engaging manner.
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