{"id":131906,"date":"2021-07-13T07:46:29","date_gmt":"2021-07-13T07:46:29","guid":{"rendered":"https:\/\/precoinnews.com\/?p=131906"},"modified":"2021-07-13T07:46:29","modified_gmt":"2021-07-13T07:46:29","slug":"dogecoin-creator-billy-markus-is-auctioning-a-new-nft","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/dogecoin-creator-billy-markus-is-auctioning-a-new-nft\/","title":{"rendered":"Dogecoin Creator Billy Markus Is Auctioning a New NFT"},"content":{"rendered":"<h3>Key Takeaways<\/h3>\n<ul>\n<li>Dogecoin creator Billy Markus has added a new token to his weekly series of NFTs, titled &#8220;Crappy Dogecoin Doodles.&#8221;<\/li>\n<li>The series has been published since early June; Markus has also created several other more serious NFT items.<\/li>\n<li>The NFTs are minted on the Ethereum blockchain, as Dogecoin itself does not have any NFT capabilities.<\/li>\n<\/ul>\n<p>Dogecoin creator Billy Markus has updated his &ldquo;Crappy Dogecoin Doodles&rdquo; by adding a new non-fungible token (NFT) to the collection.<\/p>\n<h2>Crappy Dogecoin Doodles #5<\/h2>\n<p>Today, Markus announced the fifth token in the series, one that features a hastily drawn Shiba Inu dog lying in a field. &ldquo;For this week, I attempted to draw the Doge with her paws crossed from memory. This was the result,&rdquo; Markus noted on Rarible.<\/p>\n<p>The NFT is currently being auctioned for 0.069 ETH ($140). Only 10% of that amount will go to Markus himself.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2021\/07\/08082309\/SIMETRI-banner-square-070821.png\"><br \/>\n<img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2021\/03\/02090756\/photo_2021-03-22-16.47.16.jpeg\"><br \/>\n<img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2021\/03\/02090756\/17_NFT_Future_Economy_1-2.gif\"><\/p>\n<p>420 copies of the token will be up for auction until the sale ends next week. Markus has noted that unclaimed doodles in the &ldquo;Crappy Dogecoin Doodle&rdquo; series are burned before each new drop to create scarcity. Presumably, this will make it easier for original buyers to resell the NFTs that they originally bought from Markus.<\/p>\n<h2>Markus&rsquo; Doodle Have Become a Hit<\/h2>\n<p>Markus began to publish &ldquo;Crappy Dogecoin Doodles&rdquo; in June. Though the doodle was meant to be a test-run for more serious NFTs such as Capped Dogecoin, demand was higher than expected, and the token sold for 1500 times Markus&rsquo;s asking price.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2021\/07\/08082309\/SIMETRI-banner-square-070821.png\"><br \/>\n<img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/a.impactradius-go.com\/display-ad\/12209-931979\"><br \/>\n<img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2021\/03\/02090756\/17_NFT_Future_Economy_1-2.gif\"><\/p>\n<p>To date, Markus has created a total of 39 Dogecoin-themed NFTs&mdash;some with more refined digital artwork than others.<\/p>\n<p>Dogecoin does not have any capability to handle NFT tokens. As such, Markus&rsquo; tokens are minted on the Ethereum blockchain and sold through Rarible, a popular NFT token marketplace.<\/p>\n<p>Markus has also commented on complaints against NFTs. Recently, critics argued that NFTs harm the environment. Markus countered that NFTs &ldquo;simply piggyback&rdquo; on existing blockchains and that there is &ldquo;barely any additional waste&rdquo; from NFT transactions.<\/p>\n<p>Markus says that he will continue to create Doge-themed NFTs as long as there is demand for them within the community.<\/p>\n<p><em>Disclaimer: At the time of writing this author held less than $75 of Bitcoin, Ethereum, and altcoins and did not hold Dogecoin.<\/em><\/p>\n<p>The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.<\/p>\n<p>You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.<\/p>\n<p>See full terms and conditions.<\/p>\n<p>Source: <a href=\"https:\/\/cryptobriefing.com\/dogecoin-creator-billy-markus-is-auctioning-a-new-nft\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Dogecoin creator Billy Markus has<\/p>\n","protected":false},"author":3,"featured_media":131905,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dogecoin Creator Billy Markus Is Auctioning a New NFT - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/dogecoin-creator-billy-markus-is-auctioning-a-new-nft\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dogecoin Creator Billy Markus Is Auctioning a New NFT - 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