{"id":545,"date":"2022-11-11T14:58:17","date_gmt":"2022-11-11T14:58:17","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2022\/11\/11\/chain-ceo-deepak-eth-is-selling-his-nft-portfolio-due-to-ftx-failing\/"},"modified":"2022-11-11T14:58:17","modified_gmt":"2022-11-11T14:58:17","slug":"chain-ceo-deepak-eth-is-selling-his-nft-portfolio-due-to-ftx-failing","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2022\/11\/11\/chain-ceo-deepak-eth-is-selling-his-nft-portfolio-due-to-ftx-failing\/","title":{"rendered":"Chain CEO Deepak.eth Is Selling His NFT Portfolio Due To FTX Failing"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Chain Protocol CEO Deepak.eth is selling his NFT collection owing to the FTX fallout. The sale comes following an 8-digit dip in his Chain Protocol project on FTX. The collection carries top of the line NFTs including 10 CryptoPunks and 7 Bored Apes. Read on to learn how you can bag these NFTs.<\/p>\n<figure id=\"attachment_83869\" aria-describedby=\"caption-attachment-83869\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-83869 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-300x167.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-768x428.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-101x56.jpg.webp 101w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-450x251.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20668'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-83869 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-300x167.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-768x428.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-101x56.jpg.webp 101w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-150x84.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-450x251.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0.jpg\" alt=\"A picture of Chain CEO Deepak.ETH\" width=\"1200\" height=\"668\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-300x167.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-1024x570.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-768x428.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-101x56.jpg 101w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-150x84.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0-450x251.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-83869\" class=\"wp-caption-text\">Chain CEO Deepak.ETH<\/figcaption><\/figure>\n<h2><span id=\"What_NFTs_Has_The_Chain_CEO_Placed_On_Sale\">What NFTs Has The Chain CEO Placed On Sale?<\/span><\/h2>\n<p>The fundraising campaign sees elite blue-chip NFTs on sale. The Chain CEO\u2019s official Twitter has announced the sale of the NFTs. He states that the NFTs will be sold to the highest bidder or be placed in a fractional DAO constituting 80% ownership for 8,000 ETH to the community. Deepak also said that the NFT funds aims to solve the companies liquidity problems, owing to millions and millions of dollars locked on FTX.<\/p>\n<p>The NFT collection includes multiple CryptoPunks, Bored\/Mutant Apes, Tiffany NFTs (NFTiff), Otherside Otherdeeds, and even a Superboys Mint Pass. The collection surprisingly also includes the<a href=\"https:\/\/nftevening.com\/cryptopunks-the-1st-nfts-to-enter-the-guinness-world-record-book\/\" target=\"_blank\" rel=\"noopener\"> world record holding \u201cBlue Bandana\u201d <\/a><a href=\"https:\/\/nftevening.com\/cryptopunks-the-1st-nfts-to-enter-the-guinness-world-record-book\/\" target=\"_blank\" rel=\"noopener\">CryptoPunk #5822<\/a>. The last sale price for this NFT went for a whopping 8000 ETH. Deepak has also listed an ultra-rare Golden Fur BAYC #282.<\/p>\n<p><picture decoding=\"async\" class=\"aligncenter wp-image-83871 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6.png.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-300x169.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-768x432.png.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-100x56.png.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-150x84.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-450x253.png.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201920%201080'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1920px) 100vw, 1920px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201920%201080'%3E%3C\/svg%3E\" alt=\"\" width=\"1920\" height=\"1080\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6.png 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-300x169.png 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-1024x576.png 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-768x432.png 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-100x56.png 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-150x84.png 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-450x253.png 450w\" data-lazy-sizes=\"(max-width: 1920px) 100vw, 1920px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6.png\"\/>\n<\/picture><\/p>\n<p><noscript><picture decoding=\"async\" class=\"aligncenter wp-image-83871 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6.png.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-300x169.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-768x432.png.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-100x56.png.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-150x84.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-450x253.png.webp 450w\" sizes=\"(max-width: 1920px) 100vw, 1920px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6.png\" alt=\"\" width=\"1920\" height=\"1080\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6.png 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-300x169.png 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-1024x576.png 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-768x432.png 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-100x56.png 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-150x84.png 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/Untitled-design-6-450x253.png 450w\" sizes=\"(max-width: 1920px) 100vw, 1920px\"\/>\n<\/picture>\n<\/noscript><\/p>\n<p>On Twitter, Deepak also reassured his position stating \u201cWe still have a large treasury to operate @Chain (excluding XCN). But it sucks, because we trusted FTX and SBF. Our recent deposit and trade on FTX was done in confidence that he wouldn\u2019t be making misrepresentations like how he did publicly of assets being safe.\u201d The FTX plague has also affected other huge crypto organizations as well. Earlier, BlockFi, the premier crypto lending platform also announced a pause on withdrawals.<\/p>\n<h2><span id=\"More_About_Chain_Protocol\">More About Chain Protocol<\/span><\/h2>\n<p>The <a href=\"https:\/\/www.chain.com\/\" target=\"_blank\" rel=\"noopener\">Chain Protocol<\/a> is a blockchain service provider on the Ethereum blockchain. It helps users to manage, implement, and control crypto blockchains. The Chain protocol helps financial organisations set up blockchain services and processes.<\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/chain-ceo-deepak-eth-is-selling-his-nft-portfolio-due-to-ftx-failing\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chain Protocol CEO Deepak.eth is selling his NFT collection owing to the FTX fallout. The sale comes following an 8-digit dip in his Chain Protocol project on FTX. The collection carries top of the line NFTs including 10 CryptoPunks and 7 Bored Apes. Read on to learn how you can bag these NFTs. Chain CEO [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/0x0.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/545"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=545"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/545\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/546"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}