Op-Ed: Ready for change – Alec Monopoly set to terraform the world of NFT

Dr. Demetrios Zamboglou

Seeing gifted artists such as Alec Andon, better known as Mr Monopoly by his adoring fans, entering the world of non-fungible tokens (NFTs) is impressive. Andon is not simply creating art; he is crafting culture.

RAGS to RICHIE by Alec Monopoly

The weird and wonderful world of NFT is not novel to other talented artists such as Mike Winkelmann, otherwise known as “Beeple”.

Beeple created and sold the revolutionary Human NFT at the world’s most famous auction house, Christie’s, for a staggering $29 million last year. Other notable NFT creations such as CryptoPunks and Bored Ape Yacht Club from Yuga Labs are great examples of crypto projects that attracted renowned celebrities, including soccer icon Neymar Jr and prodigious rapper Snoop Dog.

So what can we expect in the next coming weeks from Alec Monopoly?

Let’s take a close look at Alec’s RAGS to RICHIE project. It is rapidly gaining traction across social media, including its bustling Twitter account and viral word-of-mouth marketing.

RAGS to RICHIE by Alec Monopoly
RAGS to RICHIE by Alec Monopoly

So far, the collection has received excellent feedback, with buyers keen to become early adopters worldwide. As with cryptocurrencies like Bitcoin, the fear of missing out has also been a factor for participants.

Keen to substantiate its digital roots, the RAGS to RICHIE online community plans to collaborate via a dedicated Discord channel where all participants will be able to share their experiences. Many collectors are hopeful of being whitelisted and, therefore, obtaining the opportunity to acquire rare digital artwork that could potentially appreciate over time.
To understand what makes Alec’s work special, one can look at several of his previous designs, including art displays at the famous Jimmy’s club in Monte Carlo and Nammos restaurant in Mykonos. His work has also been exhibited in high-profile locations, by the Eden Gallery in Soho and Madison Avenue in New York, Aspen, Miami, New Bond Street in London and Mykonos in Greece. World leaders have also snapped up his work.

According to publicly available information, Alec grew up in New York before moving to Los Angeles in 2006. LA was where his talents exploded onto the world stage. Even graffiti artists have been inspired by his digital creations.

First and foremost, as the centrepiece of his digital art portfolio, Monopoly Man wears his multicoloured top hat in addition to his rainbow-covered waistcoat while puffing on a cigar. The lighthearted character portrays success, achievement and abundance – who doesn’t take himself too seriously. Fans can also experience the jovial side of NFTs through hidden messages and so-called easter eggs left behind by the artists to surprise fans.

Today, RAGS to RICHIE leverages a widely popular character called “Richie Rich” — a flamboyant eccentric who wants to show the world that anything is possible and that attaining a lavish lifestyle can be a worthy milestone. Acquiring riches connects people while incentivising the development of collaborative communities and sharing common interests in art, technology and finance.

RAGS to RICHIE by Alec Monopoly
RAGS to RICHIE by Alec Monopoly

As you can see, I am excited about the project, and I hope you are too. Alec Monopoly is on course to make waves in the world of NFT, including launching a new collection that will likely create quite a buzz in the NFT world.

By Dr. Demetrios Zamboglou

Dr Demetrios Zamboglou

Dr. Demetrios Zamboglou is a leading financial executive in the Middle East, with over a decade in management board positions. He heads business operations of CFI Financial Group, one of the biggest, most advanced and technology-driven financial brokers in the MENA.

He is recently recognized as a GCC Young Achiever in 2021 (ex-40 Under 40), he is also the first Cypriot to join the Young Circle of Leaders (YLC) at the Milken Institute and holds multiple awards for his research by tech giants such as Microsoft & Amazon.

Read this next

blockdag

BlockDAG Redefines Crypto Mining as Presale Tops $18.5M, Outshining Ethereum ETF & Dogecoin Dynamics

The recent approval of the first Ethereum ETF in Hong Kong underscores a significant advancement in the cryptocurrency’s mainstream acceptance. While Ethereum continues to attract institutional attention, the Dogecoin price prediction suggests a possible resurgence, despite its current undervaluation from past highs.

Digital Assets

Bitcoin halving is done: ViaBTC mines historic block 840K

The Bitcoin network has confirmed its fourth-ever halving block, mined by the cryptocurrency pool ViaBTC, according to data from Blockchain.com. This significant event in the Bitcoin ecosystem reduced the mining reward by half, a deflationary measure occurring approximately every four years to control the issuance of new bitcoins and curb inflation.

Retail FX

True Forex Funds now offers Match-Trader and cTrader platforms

Proprietary trading firm True Forex Funds today announced the launch of Match-Trader, a multi-asset trading platform developed by California-based FX technology provider Match-Trade Technologies.

Retail FX

CySEC hits FXORO parent with €360,000 fine

The Cyprus Securities and Exchange Commission (CySEC) has fined MCA Intelifunds, trading as FXORO, a total of €360,000 for multiple violations of the Cypriot investment laws.  

Digital Assets

Binance’s CZ in good mood ahead of sentencing, says partner

Yi He, co-founder of cryptocurrency giant Binance, has shared a positive outlook on the legal situation of the exchange’s former CEO, Changpeng Zhao. Zhao is currently awaiting a sentencing hearing scheduled for April 30 in the United States.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

<