Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine
An anonymous nonfungible token (NFT) collector spent 204 Ether (ETH) worth roughly $488,800 (at the time of writing, considerably more when it occurred) on gas fees to mint 1,000 Tubby Cats NFTs.
In total, the Tubby Cats enthusiast clearly had some capital to burn as they spent more than $720,000 on minting the NFTs including gas fees, according to the Etherscan transaction history.
Following the mint of 1000 NFTs, and with Tubby Cats invading Nifty Twitter timelines, it appears that the community has turned the occurrence into a meme, as various figures have claimed to be Tubby Cat whales in jest.
found it, also not hating! congrats to all who minted. https://t.co/zjL81c0W7I
The project consists of 20,000 NFTs depicting unique computer-generated cat avatars. According to data from NFT marketplace OpenSea, Tubby Cats NFTs have generated 11,600 Ether ($27.7 million) worth of trading volume in just three days since listing on the platform.
We may be going to war but at least I got my tubby @tubbycatsnft pic.twitter.com/KTsPYe3b3E
Web3 gaming startup Fast Break Labs has closed a $6 million seed funding round to launch an NFT-based fantasy basketball game dubbed the “Virtual Basketball Association” (VBA)
According to a Feb. 23 announcement, the seed round was co-led by Patron and Pantera Capital and included backing from a long list of top names such as Solana Ventures, Blue Pool Capital (the family office of Brooklyn Nets owner Joe Tsai), Riot Games co-founder Marc Merill and Sacramento Kings Co-Owner Aneel Ranadive, to name a few.
The game is slated to launch via an early alpha for 2,000 users, who will have a chance to collect fictional player NFTs and build teams for season 0. Users will be able to earn rewards from the game
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