Mark Cuban and Coinbase back Eternal, an NFT marketplace for trading Twitch streamer clips

Mark Cuban and Coinbase back Eternal, an NFT marketplace for trading Twitch streamer clips

3 years ago
Anonymous $WHrWmjSJBZ

https://techcrunch.com/2021/09/28/mark-cuban-and-coinbase-back-eternal-an-nft-marketplace-for-trading-twitch-streamer-clips/

The NFT world collectively seems to be trying to turn internet memories into one big game — with a lot of cash involved of course. The original “Doge” image sold for $4 million back in June, the original “Pepe” comic image sold for $1 million in April, in short, people are becoming meme millionaires. Buying and selling six-figure JPEGs is a weird phenomenon but in the end doesn’t do a ton to convince the average internet user that NFTs are worth caring about though.

Eternal wants to turn trading internet history into a game, but it’s focused on a very particular slice of the web — popular clips from game streamers. In a user interface that functions and feels very similar to NBA Top Shot, users can buy packs of serialized clips from Eternal’s network of game streamers they’ve partnered with. The marketplace is built by startup Zelos Gaming, helmed by co-founders Jeffrey Tong and Derek Chiang, which has pivoted from building out a sort of cross-platform battle pass (which we covered here last year) towards now embracing the wild world of NFTs with Eternal.