Price drop on ‘Cryptohouse’ with NFT decor, mark your personality as NFT and more
Los angeles

Price drop on ‘Cryptohouse’ with NFT decor, mark your personality as NFT and more

By Judy J. Beasley

Diminishing interest in a crypto-themed home in North Hollywood

A crypto-friendly home in North Hollywood, Los Angeles appears to be struggling to sell as the property has seen its price drop three times in just over four months.

The so-called “Cryptohouse,” as shown on the glowing neon sign in its kitchen, went on sale for $1.2 million in October 2022. As of January 5, its asking price is now $949,000. .

The awesome custom neon sign never lets you forget where you are. Picture: Zillow

The four-bedroom, three-bathroom home sees listing agents boast in the property description of its spacious, flowing floor plan, ideal for “savvy investors.”

For unknown reasons, the description fails to mention its tasteful wallpaper choices, which include several non-fungible tokens (NFTs) from the classic Bored Ape Yacht Club and CryptoPunk collections prominently displayed in the living and dining areas.

The future owner can look forward to explaining the unique decor choices to the guests. Picture: Zillow

The house also offers themed wallpapers in each of the four bedrooms, one for Bitcoin (BTC), Ether (ETH) and Dogecoin (DOGE), with a coin peppered with a selection of crypto-positive tweets.

Guests will surely say “much wow” if they sleep in the DOGE room. Picture: Zillow

Those who want to try before they buy can even rent the house through Airbnb. Although there is no rush as there are currently no future bookings.

Make your personality an NFT and strike your heart on the blockchain

One project is proposing NFTs as a way to visually represent an individual’s personality and own the result on the blockchain.

Rubens DB, a Tel Aviv-based artist, launched the “Psynesthesia” NFT collection with 1,024 possible NFTs generated by the results of a personality test.

Polygon-based NFTs are generated based on traits identified by the test and a DB-coded algorithm. The process is explained in a statement shared with Cointelegraph:

“For example, the higher the coziness, the warmer the colors; the higher the extraversion, the more the connections are developed.

The resulting art can be collected as NFTs. The original owner also enjoys a photoshoot at Rubens DB’s studio in Tel Aviv, where their artwork is projected onto them in a portrait.

An example of NFTs generated from personality tests. Image: Psyneesthesia

10% of sales are donated to the Multidisciplinary Association for Psychedelic Studies, a US-based non-profit organization aimed at increasing understanding of psychedelics.

British investment firm NFT gets scammed

NFT Investments, a UK-based investment firm which invests in NFT-related companies, said it was the target of a phishing attack resulting in the loss of $250,000 in assets.

The company announcement on the London Stock Exchange newswire on January 12 that it is “handling a cybersecurity incident” resulting from the January 9 attack.

Apparently, the hacked amount represents “less than 1%” of the company’s current net asset value.

He did not reveal what assets were stolen or how the attackers compromised security surrounding investment storage.

Cointelegraph contacted NFT Investments for comment but did not immediately receive a response.

What bear market? Shiba Inu NFT collaboration sells out in seconds

An NFT collaboration between Shiba Inu (SHIB) NFT project “SHIBOSHIS” and luxury handbag company Bugatti Group sold out in 110 seconds, according to a January 14 tweet from the Bugatti Group.

The Bugatti Group – not to be confused with luxury sports car maker Bugatti Automobiles – created a new batch of NFTs with the dog-themed project and gave those who hit one a personalized piece of luggage emblazoned with a SHIBOSHIS NFT.

Related: NFTs have a better future on Instagram than on Twitter

The collaboration between the two also sees Bugatti Group create a limited-edition SHIBOSHIS-themed collection of backpacks, satchels, luggage and wallets.

Other cool news

The crypto wallet of an NFT influencer was drained after mistakenly downloading malware hidden in a program advertised on a Google ad.

YouTuber Logan Paul revealed a $1.5 million turnaround plan for those who invested in his troubled NFT project CryptoZoo after a talk from fellow YouTuber Coffeezilla.