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‘Metabirkin’ NFTs head to Stockholm museum

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'Metabirkin' NFTs head to Stockholm museum

It’s been quite a journey in the ‘MetaBirkin’ NFT case situation. It all started in 2022 when Hermes sent a cease and desist letter to Mason Rothschildthe artist behind ‘MetaBirkins’ NFTs. So in February 2023, the jury ruled in favor of the French luxury brand in the case Hermès v. Mason Rothschild, who found the artist liable for trademark infringement on the signature Hermès bag. Although the case has already been concluded, the ‘MetaBirkin’ NFTs are now heading to the Stockholm museum.

Point of debate, last March it was announced that a US District Judge for the Southern District of New York denied a request for NFTs to be displayed at the museum. A ruling by Judge Jed S. Rakoff cited that it was unclear whether displaying the NFTs would not violate the terms of the injunction. But now things have changed. Rakoff has reversed his decision and is allowing ‘MetaBirkin’ NFTs to be displayed at the Spritmuseum in Stockholm, Sweden, as long as Rothschild and the museum disclose the outcome of the case to visitors. Specifically, noting that the artist’s NFTs have confused the public about any affiliation with Hermès.

The museum plans to include the digital artworks as part of the exhibition “Andy Warhol: A Portrait of Commerce,” curated by Blake Gopnik.

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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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NFTs

Non-Fungible Items; Picking Up Where NFTs Left Off — COZ Co-Founder Tyler Adams – Op-Ed Bitcoin News

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Non-Fungible Items;  Picking up where NFTs left off - Tyler Adams, Co-Founder of COZ - Op-Ed Bitcoin News

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

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AI-Powered Discovery Network for NFTs Launches $PULSR Token – Press Release Bitcoin News

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Solana Monkey Business Leads NFT Sales with $875,91K

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Solana Monkey Business Leads NFT Sales with $875,91K

Floptober NFT from above

Image: AI-generated via Midjourney

Solana Monkey Business topped CryptoSlam’s non-fungible token (NFT) sales charts on July 22 with $875,914 in total sales.

The collection had 122 unique buyers, equaling the number of sellers, and an average price of $5,308 per NFT.

This increase in daily sales boosted the SMB’s all-time sales volume to a new record of $212.48 million.

The Solana-based ape-themed collection entered the list of the top 30 NFT sellers of all time over the weekend, knocking SATS BRC-20 NFTs off the rankings.

The second best performing collection of the day was gETH Locked Deposit.

This NFT, which represents gETH locked on the Ethereum layer-2 network Arbitrum, saw a daily sales volume of $583,047 from just one transfer.

The asset was brother-in-law just moments before the transfer is made.

In third place, DMarket’s NFTs and in-game virtual items on the Mythos Network saw a total of $565,002 in sales.

The collection attracted 3,254 unique buyers and 2,848 sellers, with an average price of $24.66 per item. Active DMarket owners stood at 5,111, contributing to a total owner count of 397,931.

Outside of the top three, Ethereum’s DogeZuki Collection came in fourth place with $436,787. Bored Ape Yacht Club, another Ethereum collection, had total sales of $341,576 for fifth place.

While a Solana collection led the day’s results, the network’s total NFT sales for the day were slightly outpaced by Ethereum.

Ethereum led all blockchains in sales on Monday with $4.2 million, with Solana close behind at $4.1 million.

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