BusinessJUST NFTjustin sunNFTs

Justin Sun Launching NFT Fund, Minting Beeple on TRON 

Justin Sun, one of crypto’s most controversial figures, has his sights set on the NFT market. 
Justin Sun Launches JUST NFT 
Justin Sun, the founder of the TRON blockchain, is setting up an NFT fund. 
Sun posted an open letter on the TRON Foundation blog and his personal Twitter earlier this morning, outlining his plans to capitalize on the rapid growth of the NFT market. 

(1/2) I’m thrilled to announce to you all the official establishment of the #JUST NFT Fund and the Plan to hire a top tier artist as the chief NFT advisor of JUST #NFT Fund.
Join us now in the marvelous adventure navigated by JUST #NFT!
— Justin Sun🌞 (@justinsuntron) March 29, 2021
He said that the fund hopes to be “the ARK Funds in the NFT space to register world-class artworks as NFTs on blockchain.”
Sun went on to say that the fund would target art pieces worth at least $1 million and with a median value of $10 million because those are the most likely to “stand the test of time.” 
The fund will feature major art players, including affiliates of Christie’s and Sotheby’s. According to his Twitter post, the fund will also take on a “top tier artist” for a Chief NFT advisor role. 
The announcement marks the latest in a series of clear moves from Sun to engage with the NFT market.
Earlier this month, rumors circulated that Sun had won the auction …
Story continues on Crypto Briefing

Related posts
AA NewsCrypto Newsjustin sunNon-Fungible Token (NFT)TronTRXBTCTRXUSD

TRON’s Justin Sun to Bridge Blockchain and Artists Via the JUST NFT Fund

Justin Sun, the CEO of TRON and BitTorrent, has doubled-down on his NFT-related endeavors by announcing a designated fund. Called JUST NFT Fund, it aims to close the gap between the most recent craze in the blockchain space and artists…

Rare Beeple NFTs Sold for $7, Valued at Six Figures Hours Later

Two limited-edition Beeple pieces released last week have been valued at a premium of up to 50,000x on the secondary market.  $7 NFTs Selling for Six Figures  Beeple organized two surprise drops through MakersPlace, the same marketplace that arranged his…

Visa Allows USDC Payments on Ethereum

Visa now supports cryptocurrency transactions with direct acceptance of payments in USDC. Visa Leverages Ethereum to Settle Payments While the company has supported digital currencies in the past, working closely with and Anchorage, any transaction made with crypto was…