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<ul class="summary-list"><li><keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword> co-founder <keyword id="11213096" type="UNKNOWN" weightage="60" keywordseo="anthony-di-iorio">Anthony Di Iorio</keyword> told Bloomberg he's quitting the <keyword id="2721952" type="PERSON" weightage="60" keywordseo="crypto">crypto</keyword> world.</li><li>"I don't feel necessarily safe in this space," he said.</li><li>The Canadian investor wants to sell his current venture <keyword id="11671758" type="UNKNOWN" weightage="60" keywordseo="decentral">Decentral</keyword> for fiat money rather than crypto.</li></ul>Anthony Di Iorio, a co-founder of the <a href="https://markets.businessinsider.com/currencies/eth-usd">ethereum</a> <keyword id="6355684" type="PERSON" weightage="60" keywordseo="Blockchain">blockchain</keyword>, is wrapping up his time in the <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite">cryptocurrency</a> world due to personal safety concerns, and because he no longer wants to be known as the "crypto guy." He recently <a href="https://www.bloomberg.com/news/articles/2021-07-16/ethereum-co-founder-says-safety-concern-has-him-quitting-crypto">told Bloomberg</a> he wasn't too encouraged by the risk profile attached to the industry. "I don't feel necessarily safe in this space," he said. "If I was focused on larger problems, I think I'd be safer." The 48-year-old Canadian has had a security team since 2017, and mostly been accompanied on his travels, Bloomberg said. He soon plans to sell his current blockchain venture <a href="https://decentral.ca/about">Decentral</a> to focus on philanthropy and other projects unrelated to crypto. Decentral, founded in 2014, is a Toronto-based wallet and crypto services provider whose flagship product, Jaxx Liberty, counted about 1 million customers this year. Di Iorio, who estimates his startup is worth "hundreds of millions," expects to strike a deal in fiat money, or in equity, rather than in crypto. <a href="https://www.forbes.com/richest-in-cryptocurrency/#54f0f1201d49">Forbes</a> lists his own net worth as high as $1 billion. He further told Bloomberg he wants to transition to being someone who takes on complex problems. He's currently involved with an initiative called <a href="https://projectarrow.ca/">Project Arrow</a> which is involved with a zero-emission concept vehicle run by a high-school friend. Di Iorio <a href="https://decrypt.co/36641/who-are-ethereums-co-founders-and-where-are-they-now">co-founded ethereum in 2014</a> along with seven others in Switzerland in a rented house they called the "spaceship." Among them, Vitalik Buterin is the only one still working on the <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite">blockchain</a>. Ether, the network's native token and the world's second-largest cryptocurrency, held a market value of $221 billion as of Monday, according to data from <a href="https://coinmarketcap.com/">coinmarketcap.com</a>. Ether has continued to grow in popularity this year, showing a 53% increase in trading volumes quarter-on-quarter to an average of $3.25 billion a day on global exchanges, a <a href="https://markets.businessinsider.com/currencies/news/coinbase-q2-trading-volumes-transactions-bitcoin-ether-dogecoin-crypto-2021-7">report from Coinbase</a> shows. Meanwhile, <a href="https://markets.businessinsider.com/currencies/btc-usd">bitcoin</a> has seen a 14% decline in the same period to $4.01 billion. "I will incorporate crypto when needed, but a lot of times, it's not," Di Iorio said. "It's really a small percentage of what the world needs." <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/twitter-built-on-blockchain-will-let-users-monetise-their-posts-and-come-up-with-their-own-rules/articleshow/84548663.cms">Twitter alternative built on Ethereum will let users monetise their posts and come up with their own rules</a> <a href="https://www.businessinsider.in/cryptocurrency/news/ethereums-co-founder-quits-crypto-with-a-big-warning/articleshow/84547141.cms">Ethereum’s co-founder wants to be more than just ‘the crypto guy’ as he exits the industry</a> <a href="https://www.businessinsider.in/cryptocurrency/news/dogecoin-jumps-10-after-elon-musks-twitter-profile-picture-change/articleshow/84544778.cms">Dogecoin jumps 10% after Elon Musk’s Twitter profile picture change</a>

Ethereum's co-founder says he's done with crypto because it's too risky - and only represents a small bit of what the world needs

<ul class="summary-list"><li><keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword> co-founder <keyword id="11213096" type="UNKNOWN" weightage="60" keywordseo="anthony-di-iorio">Anthony Di Iorio</keyword> said he thinks the market for NFTs has become saturated.</li><li>"I don't know if the value of it is really showing through yet," he told CoinDesk TV.</li><li>NFTs have exploded in popularity in 2021 with many speculating the marketis in a bubble.</li></ul>Ethereum co-founder Anthony Di Iorio said he thinks the market for non-fungible tokens has become "saturated" as the space has gained mainstream adoption in 2021."The <keyword id="4668945" type="PERSON" weightage="60" keywordseo="nft">NFT</keyword> market, I think, is figuring itself out right now. I don't know if the value of it is really showing through yet," he told <a href="https://www.coindesk.com/">CoinDesk TV Thursday</a>.<a href="https://www.businessinsider.com/non-fungible-tokens-nfts-have-taken-over-heres-why-theyre-important-2021-4">NFTs are digital representations of artwork, sports cards, or other collectibles </a>tied to a blockchain, typically on ethereum. Each NFT has a signature that can be verified in the public ledger and cannot be duplicated nor edited.When people buy NFTs, they gain the rights to the <a href="https://www.businessinsider.com/why-are-people-buying-nfts-investing-in-nft-crypto-art-2021-3?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestm=ingest" target="_blank" rel="noopener">unique token</a> on the blockchain, not the artworks themselves. But the fact that the information on a blockchain is next to impossible to alter makes NFTs appealing, especially to artists. This year, NFTs have <a href="https://markets.businessinsider.com/news/stocks/nfts-majority-americans-surveyed-digital-art-more-than-a-fad-2021-4-1030272455">soared in popularity</a>. The market thus far has seen <a href="https://www.businessinsider.com/how-nfts-went-mainstream-cryptocurrency-blockchain-2021-3?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener">immense growth</a> and buyers now vastly exceed sellers, according to a report from <a href="https://nonfungible.com/subscribe/nft-report-2020">L'Atelier BNP Paribas</a>.But for Di Iorio, a Toronto-based investor, the deluge of NFTs is contributing to its declining appeal. He did add the caveat that he has been working on NFTs for over a decade."You get a lot of projects that are coming out that I don't find very sexy at all," Di Ionio, <a href="https://www.businessinsider.com/bitcoin-billionaire-anthony-di-iorios-home-office-2018-6">who also made his fortune as an early adopter of bitcoin</a>, said. "It's not interesting too much to me."Many have speculated the space is <a href="https://www.businessinsider.com/is-nft-market-bubble-crypto-art-sales-popular-prices-plunge-2021-4">in a bubble,</a> and evidence shows the craze may be cooling for now. The <a href="https://www.businessinsider.com/is-nft-market-bubble-crypto-art-sales-popular-prices-plunge-2021-4">average price of NFTs</a> has fallen from its highest point in February, and between February and the end of March, prices<a href="https://www.businessinsider.com/is-nft-market-bubble-crypto-art-sales-popular-prices-plunge-2021-4"> plunged 70%</a>.But I think over the next few years, we'll really see how it does provide value," the co-founder said. "There's, there's a lot of good value in it."

The ethereum co-founder explains why the NFT space has become saturated and why he isn't interested anymore

<ul><li>One of <keyword id="2810876" type="PERSON" weightage="20" keywordseo="ethereum">Ethereum</keyword>’s eight co-founders, Anthony Di Iorio, has announced his exit from the world of <keyword id="2420795" type="PERSON" weightage="20" keywordseo="cryptocurrencies">cryptocurrencies</keyword>.</li><li>Di Iorio doesn’t want to be known as the ‘crypto guy’ but as ‘the guy who tackles complex problems’.</li><li>According to him, cryptocurrencies are a ‘really small percentage’ of what the world actually needs.</li></ul>In what could be a setback for the <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite">Ethereum</a> community, one of the token’s co-founders is quitting the world of cryptocurrencies. Anthony Di Iorio, who was an early adopter of Bitcoin and one of Ether’s eight co-founders alongside Vitalik Buterin, hasn’t just quit the industry, but also issued a warning to others still dabbling in crypto. “It’s got a risk profile I am not too enthused about,” he told <a href="https://www.bloomberg.com/news/articles/2021-07-16/ethereum-co-founder-says-safety-concern-has-him-quitting-crypto">Bloomberg</a> in an interview. Now 48 years old, Di Iorio has been travelling with a security team since 2017 for fear of his personal safety. As a part of his exit, Di Iorio plans to sell off his stake in Decentral Inc, a blockchain startup founded from which he retired back in 2019, and focus on other ventures, which have nothing to do with the crypto space. He estimates that his startup is valued at ‘hundreds of millions’ and plans to cash in his stake for <keyword id="6454902" type="ORGANIZATION" weightage="20" keywordseo="fiat">fiat</keyword> or equity — not cryptocurrency of any kind. Di Iorio plans to use the money from the sale of Decentral to form his own new company. Meanwhile, he’s currently involved in Project Arrow, which is a project working on creating a zero-emission vehicle. <cmsannotation type="cmsannotation" annotationid="Ethereum co-founder wants to be more than just ‘the crypto guy’" comment="subhead" text="Ethereum co-founder wants to be more than just ‘the crypto guy’">Ethereum co-founder wants to be more than just ‘the crypto guy’</cmsannotation> Di Iorio wants to be more than just ‘the crypto guy’ — he wants to be ‘the guy tackling complex problems.’ He told Bloomberg that he will still incorporate crypto where and when it’s required, but warned that digital tokens are a ‘really small percentage’ of what the world actually needs. His warning and departure comes at a time when the crypto industry has been suffering setbacks, owing to environmental and regulatory pushbacks. <cmsannotation type="cmsannotation" annotationid="Ethereum co-founder wants to be more than just ‘the crypto guy’" comment="subhead" text="What does his exit mean for Ethereum?">What does his exit mean for Ethereum?</cmsannotation> The Ethereum platform, which Di Iorio helped create back in 2013, is seen as a solution for larger problems in blockchain, since it allows more products to be built on top of it — as opposed to Bitcoin, which is largely useful for financial apps only. Di Iorio’s warning that there are larger problems he aims to tackle, where crypto has no role to apply, may bring into question the efficacy of cryptos as an essential medium for future apps and platforms. Ethereum 2.0, the upcoming version of the blockchain platform, is touted as the answer to many of the concerns cited by governments and experts. The second iteration is <a href="https://www.businessinsider.in/cryptocurrency/news/heres-how-ethereum-2-0-cryptocurrency-promises-to-be-green-scalable-and-far-more-efficient/articleshow/83003150.cms">said to be</a> 99% more energy efficient than <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite">Bitcoin</a>, moving to a Proof of Stake (<keyword id="88570" type="ORGANIZATION" weightage="20" keywordseo="POS">PoS</keyword>) model over Bitcoin’s Proof of Work (PoW). The new system rewards miners for the amount of stake they put into the industry, rather than simply incentivizing more miners to join the blockchain network, and hence raise energy costs. The PoS system has already been adopted by Binance, one of the largest crypto exchanges in the world, for its Binance Smart Chain platform. Di Iorio’s exit comes within days of Dogecoin co-founder Jackson Palmer dropping a similar bombshell on <keyword id="6354616" type="UNKNOWN" weightage="20" keywordseo="Twitter">Twitter</keyword>, clarifying that he has no plans, whatsoever, to return to cryptocurrencies. In a threat on July 14, Palmer <a href="https://twitter.com/ummjackson/status/1415353986392072196">claimed</a> that the cryptocurrency industry is controlled by a powerful cartel of wealthy figures and is the <a href="https://twitter.com/ummjackson/status/1415353989323841537">culmination</a> of the worst parts of today’s capitalism system — corruption, fraud, inequality, etc. <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/cryptocurrency/news/dogecoin-jumps-10-after-elon-musks-twitter-profile-picture-change/articleshow/84544778.cms">Dogecoin jumps 10% after Elon Musk’s Twitter profile picture change</a> <a href="https://www.businessinsider.in/cryptocurrency/news/japan-is-increasing-vigilance-on-crypto-to-hire-more-employees-and-explore-cbdc/articleshow/84475780.cms">Japan is increasing vigilance on crypto — to hire more employees and explore CBDC</a>

Ethereum’s co-founder wants to be more than just ‘the crypto guy’ as he exits the industry

<ul class="summary-list"><li>NFT sales have declined nearly 90% from their May 3 peak.</li><li>Just $19.4 million of NFT sales went through this past week compared to $170 million in early May.</li><li>The number of NFT wallets showing daily activity is also down 70% since May.</li></ul>On March 11, the digital artist <keyword id="10848595" type="UNKNOWN" weightage="60" keywordseo="beeple">Beeple</keyword> sold a <a href="https://www.businessinsider.com/non-fungible-tokens-nfts-have-taken-over-heres-why-theyre-important-2021-4">non-fungible token</a> of his magnum opus, titled "Everydays: The First 5000 Days," for a record <a href="https://www.businessinsider.com/art-auction-nft-beeple-top-selling-most-expensive-sale-millions-2021-3">$69 million</a> at a Christie's auction.The sale sparked a new wave of interest in collectible digital assets that peaked on May 3, when $102 million worth of NFT sales went through in a single day.In the seven days surrounding <keyword id="902592" type="PERSON" weightage="60" keywordseo="NFTS">NFTs</keyword>' May 3 peak, the market saw $170 million in NFT transactions, according to <a href="https://protos.com/nft-market-bubble-popped-crypto-collectibles-are-over/">data from Protos</a>.This past week, that number fell to just $19.4 million, a nearly 90% drop from May's record high.The number of NFT wallets showing signs of daily activity is also down 70% since early May, falling from 12,000 to 3,900.Not only have sales and interest in NFTs declined but according to Protos, there's been a shift in the type of NFTs buyers are demanding.Sales of digital art have fallen dramatically since Beeple's record sale in March, while sales of <keyword id="11376227" type="UNKNOWN" weightage="60" keywordseo="digital-real-estate">digital real estate</keyword> and other <keyword id="909478" type="PERSON" weightage="60" keywordseo="collectibles">collectibles</keyword> in the so-called metaverse have risen.$3.3 million worth of metaverse NFTs have sold this past week, while just $3 million worth of crypto-art sold, Protos data shows.NFTs have seen their fair share of critics after gaining popularity this year. <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">Ethereum</keyword> co-founder Anthony Di Iorio <a href="https://markets.businessinsider.com/currencies/news/ethereum-co-founder-nfts-saturated-crypto-ether-anthony-diiorio-2021-5-1030397885">told CoinDesk</a> in early May that he believed the NFT market had become saturated, and there were a lot of projects that he didn't "find very sexy at all."Di Iorio, who made his fortune as an early bitcoin adopter, added that NFTs are "not interesting" to him, but he thinks "over the next few years, we'll really see how it does provide value."Despite some waning sales and bearish critic opinions, the NFT market still has some life left in it.On May 24, Guggenheim cofounder Todd Morley <a href="https://markets.businessinsider.com/currencies/news/nft-museum-guggenheim-todd-morley-blockchain-tower-crypto-2021-t-1030461562">told Bloomberg TV</a> in New York that he is building a "<keyword id="6355684" type="PERSON" weightage="60" keywordseo="Blockchain">blockchain</keyword> tower" that will give anyone in the city access to wireless trading, provide a way to announce and showcase new technological advances, and house the world's largest collection of NFTs.

NFT sales plummet nearly 90% from their peak as collectibles market cools

<ul><li><keyword id="2810876" type="General" weightage="20" keywordseo="ethereum" source="Orion">Ethereum</keyword> co-founder <keyword id="4462663" type="General" weightage="20" keywordseo="vitalik-buterin" source="Orion">Vitalik Buterin</keyword> told <keyword id="6355315" type="General" weightage="20" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> that love is, “X AE A-12 don’t hurt me,” during a session of ‘ask me anything’ (AMA) on Twitter.</li><li>The fellow Doge enthusiast also highlighted his biggest regret with respect to Ethereum was choosing to have eight co-founders on board.</li><li>That many people, chosen indiscriminately, made coordination and agreement difficult — especially when ‘huge incentive conflicts are at play’.</li></ul> Tech billionaire Elon Musk jumped onto an ‘ask me anything’ (AMA) session hosted by Ethereum co-founder Vitalik Buterin to ask one of the biggest existential questions ever — <keyword id="2489857" type="General" weightage="20" keywordseo="what-is-love" source="Orion">what is love</keyword>? <div type="twitter" handle="VitalikButerin" handlename="vitalik.eth" image="http://pbs.twimg.com/profile_images/977496875887558661/L86xyLF4_normal.jpg" favoritecount="22630" retweetcount="3163" status="Doing a random twitter experiment just on this day. Only the 268 people I follow can reply to this tweet. Feel free… https://t.co/t3YmXo3K2Z" createdat="1630535466000" id="1433195737907564545"></div> Buterin, who is also a <a href="http://coindcx.com">Dogecoin</a> enthusiast like Musk, replied, “X AE A-12 don’t hurt me…” implying that love is what Musk feels for his son — wishing to keep him away from all the pains of the world. <div type="twitter" handle="elonmusk" handlename="Elon Musk" image="http://pbs.twimg.com/profile_images/1423663740344406029/l_-QOIHY_normal.jpg" favoritecount="14898" retweetcount="770" status="@VitalikButerin https://t.co/EFGqFcsJ6S" createdat="1630549585000" id="1433254957101109254"></div> Other bigwig questions about life and the universe included what Buterin has changed his mind about, life extension, obvious uses of crypto being ignored by the public at large, and more. However, his learnings from the Ethereum project seems to have drawn the most eyes. <cmsannotation type="cmsannotation" annotationid="Buterin’s biggest regret" comment="subhead" text="Buterin’s biggest regret">Buterin’s biggest regret</cmsannotation> When asked what his biggest regret is from his Ethereum journey, Buterin’s response was simple — the whole ‘8 cofounders’ thing. <div type="twitter" handle="VitalikButerin" handlename="vitalik.eth" image="http://pbs.twimg.com/profile_images/977496875887558661/L86xyLF4_normal.jpg" favoritecount="1050" retweetcount="54" status="@sunnya97 The whole &quot;8 cofounders&quot; thing (and choosing them so quickly and nondiscriminately)." createdat="1630547386000" id="1433245736641040384"></div> For those who aren’t familiar with Ethereum’s history, the blockchain platform has more cofounders than is usual for a single project — eight, to be exact. And, each came on board with their own agenda and idea of what Ethereum should be. The platform was originally described in a white paper by Buterin in 2013 with the objective of creating decentralised applications. But he wanted more people to guide the formative stages of the cryptocurrency. Come 2014, this list included Mihai Alisie, Anthony Di Iorio, Amir Chetrit, Charles Hoskinson, Gavin Wood, Jeffrey Wilcke, and Joseph Lubin. Rather coming together like the 'Fellowship of Ethereum’, the collaboration became more an example of having too many cooks in the kitchen. <div type="twitter" handle="VitalikButerin" handlename="vitalik.eth" image="http://pbs.twimg.com/profile_images/977496875887558661/L86xyLF4_normal.jpg" favoritecount="3951" retweetcount="311" status="@el33th4xor People are harder to tightly coordinate in small groups than I expected. You can't just get everyone to… https://t.co/3QkJZAKvLn" createdat="1630536459000" id="1433199904713678855"></div> Hoskinson — who was once the CEO of Ethereum — is now the founder of Cardano, the third biggest cryptocurrency in the market. Similarly, Wood built Polkadot, which is also among the top 10 blockchain platforms by market capitalisation. Lubin, on the other hand, launched Consensys — an incubator for other blockchain startups.

‘X AE A-12 don’t hurt me’ — Vitalik Buterin tells Elon Musk what love is

<ul class="summary-list"><li><keyword id="1186511" type="COMPANY" weightage="60" keywordseo="Merriam-Webster">Merriam-Webster</keyword> announced that it will auction an <keyword id="4668945" type="PERSON" weightage="60" keywordseo="nft">NFT</keyword> of its definition of NFT.</li><li>The publisher's iconic dictionary officially added the definition of NFT on Tuesday.</li><li>This auction will be take place on OpenSea from May 11 to May 14.</li></ul>Merriam-Webster <a href="https://www.prnewswire.com/news-releases/thanks-to-merriam-webster-you-can-now-own-the-nft-of-the-definition-of-nft-301288201.html">announced</a> that it is planning to auction the NFT of its definition of NFT.NFTs, or non-fungible tokens, have surged in popularity this year, prompting the publisher's iconic dictionary to officially add the definition Tuesday.<a href="https://www.businessinsider.com/non-fungible-tokens-nfts-have-taken-over-heres-why-theyre-important-2021-4?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener">NFTs are digital representations of artwork, sports cards, or other collectibles </a>tied to a <keyword id="6355684" type="PERSON" weightage="60" keywordseo="Blockchain">blockchain</keyword>, typically on <keyword id="2810876" type="PERSON" weightage="60" keywordseo="ethereum">ethereum</keyword>. Merriam-Webster defines NFTs as:When people buy NFTs, they gain the rights to the <a href="https://www.businessinsider.com/why-are-people-buying-nfts-investing-in-nft-crypto-art-2021-3?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingest?utm_source=markets&amp;utm_medium=ingestedium=ingest" target="_blank" rel="noopener">unique token</a> on the blockchain, not the artworks themselves. But the fact that the information on a blockchain is next to impossible to alter makes NFTs appealing, especially to artists and collectors."By auctioning the NFT of our definition of 'NFT,' we're offering people a fun way to own a little bit of Merriam-Webster's thought and meaning," Peter Sokolowski, Merriam-Webster's editor-at-large, said in a statement. This auction will be available on OpenSea, the world's largest digital marketplace for <keyword id="2721952" type="PERSON" weightage="60" keywordseo="crypto">crypto</keyword> collectibles and NFTs, from May 11 to May 14.The highest bidder will win the NFT, and will also receive a link to their OpenSea profile from the <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3156890-1&amp;h=4220846018&amp;u=https%3A%2F%2Fwww.merriam-webster.com%2Fdictionary%2Fnft&amp;a=NFT+definitionamp;a=NFT+definition" target="_blank" rel="nofollow noopener">NFT definition</a> page on Merriam-Webster.com.Proceeds will go to the nonprofit organization Teach For All."This project is about establishing NFTs as a medium with lasting value through the permanence of a record in the country's most-trusted dictionary," said Nate Chastain, Head of Product at OpenSea, said in a statement. The rapid rise of NFTs has caused some to believe the space is in a bubble. Ethereum co-founder Anthony Di Iorio told CoinDeskTV in May that he thinks <a href="https://markets.businessinsider.com/currencies/news/ethereum-co-founder-nfts-saturated-crypto-ether-anthony-diiorio-2021-5-1030397885">the market for NFTs has become saturated</a>.Still, evidence shows the craze may be cooling for now. The <a href="https://www.businessinsider.com/is-nft-market-bubble-crypto-art-sales-popular-prices-plunge-2021-4?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener">average price of NFTs</a> has fallen from its highest point in February, and between February and the end of March, prices<a href="https://www.businessinsider.com/is-nft-market-bubble-crypto-art-sales-popular-prices-plunge-2021-4?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener"> plunged 70%</a>.

Merriam-Webster plans to auction the NFT of its definition of NFT

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Decentral</div></div></div>Anthony Di Iorio made his fortune as an early adopter of hot cryptocurrencies bitcoin and ethereum. Now, the cryptocurrency billionaire is spending some of his cash on two video game-inspired real estate projects in Toronto. Di Iorio recently purchased two spaces in Toronto. One is a 15,000 square foot office space for his blockchain company <a href="https://decentral.ca/">Decentral</a>, and the other is a three-story penthouse which will serve as both his home and an experimental private event space - and which cost him $21 million.Di Iorio's plans for both spaces are extremely unconventional. At the office space, in particular, he's bringing a sci-fi fantasy to life with holographic receptionists, "moving walls," and secret tunnels, where remote controlled Aston Martins zoom underfoot beneath glass floors.Here's a glimpse of Di Iorio's vision for his futuristic office and his gorgeous new home:Get the latest Bitcoin price <a href="http://markets.businessinsider.com/currencies/BTC-USD">here.&gt;&gt;</a>

Inside a bitcoin billionaire's master plan for his futuristic office and $21 million penthouse : Miniature luxury cars, holographic receptionists, and secret tunnels

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