🛍 Balmain has big Web3 plans
ENS craze, Seth Green's Ape got stolen🥷
Happy Memorial Weekend! I hope you had a relaxing weekend. Nothing too crazy — the best story of the week is Goblins and the 2 hour Twitter Spaces they had where everyone just spoke … goblin? I wasn’t there, but heard it was pretty funny. Whenever I think I get what this NFT market is like… it surprises me once again.
Harvard graduates got commemorative NFTs during graduation this year. This would be a great soulbound NFT.
Foundation is open to all!
eBay is launching its first NFTs on Polygon, featuring famous hockey player Wayne Gretzky in partnership with Sports Illustrated and OneOf.
Magic Johnson launched his NFT collection on NBA Top Shot, consisting of 1600 NFTs featuring moments from his career.
Seth Green’s 4 NFTs were stolen, one of which was supposed to be on his new TV show. This phishing attack surfaced questions about IP and whether he could still move forward with his show.
Milady founder got exposed for some horrible stuff — trigger warning on this thread.
Solana NFTs generated more revenue than Ethereum NFTs for the second time ever with the launch of Trippin’ Ape Tribe project.
Here are some thoughts on “Writing NFTs” by Mirror. It’s a super interesting concept, and if you think about it written work probably had more importance, and long-term relevance than visual form. I’m going to think on this a bit and might do a whole article on it.
Bella Hadid is launching an NFT project (and no one seems to care)
RTFKT bought ‘DotSwoosh’ ENS name for 19.72 ETH. ($35,000)
🔮 Metaverse News
I heard Voxels’ Architect island is worth a visit.
LVCIDIA is a new gaming metaverse platform and exploratory art experience by Fvckrender.
AVAX wants Yuga Labs to build its metaverse Otherside on Avalanche.
Balenciaga will accept Bitcoin, and Ethereum as payment.
Prada is launching 100 NFTs with its Cassius Hirst Timecapsule apparel drop. The buyers will receive a free airdropped NFT to purchase their physical merch.
Balmain is creating the Non-Fungible Thread, an NFT-backed ecosystem with MINTNFT. The ecosystem brings together digital, physical, AR/VR, and hybrid experiences, built on Ripple’s XRP ledger, catering to Balmain’s exclusive clientele. Any Balmain customer will be able to join the Non-Fungible Thread, which will give access to exclusive events like the Balmain Festival at Paris Fashion Week
👾 NFT Games
NFL and Mythical Games are launching a play-to-own NFT-enabled fantasy football game titled “NFL Rivals.” Players will manage an NFL team where players will be tradable NFTs. Each gamer will be given a team to start with.
Bitcoin gaming app ZEBEDEE integrated MoonPay, so users in the U.S. will be able to add Bitcoin funds using MoonPay.
Love, Death + Robots Netflix TV show returned with an NFT scavenger hunt. They hid 9 QR codes across various mediums, including billboards, videos, and within the episodes.
The producer of “The Irishman” and “Silence” Niels Juul is using NFTs to fund indie movies with KinoDAO.
CEO of DraftKings Jason Robins said it’s likely to bring crypto payments for entry fees and bets soon.
🔥 What else is hot?
GameStop rolled out a non-custodial wallet to support its NFT marketplace. Important to note that the wallet tracks user information such as IP address, GPS coordinates, user’s clicks, mouse position, etc…
Coinbase became the first crypto company to be included in Fortune 500!
WeWork founder Adam Neumann raised $70M for Flowcarbon, a carbon credit crypto project where corporations and individuals can redeem GNT tokens for carbon.
DeFi startup Common raised $20 million to build a community management platform for DAOs.
Guggenheim CIO Scott Minerd, who previously predicted a Bitcoin price of $400,000 in December 2020, is predicting a bottom of $8000.
MetaMask is working with crypto detective service Asset Reality to assist its users who fall prey to hacks.
Portugal rejected a proposal to tax Bitcoin and other cryptocurrencies.
The latest crypto scam is using AI Deepfake of Elon Musk. Beware! It’s funny they chose Elon — the person who would look most to a robot 😂
Andreessen Horowitz announced new $4.5 billion crypto fund.
The founder and CEO of FTX Sam Bankman-Fried, who was one of the top 20 largest donors to Biden’s 2020 campaign, told he could donate up to $1 billion to 2024 United States presidential election campaigns.
❓Question of the Week
New section alert! Answer the poll by clicking the tweet & let people know your thoughts on the topic! We will tell the results on our Twitter Spaces with Rarible next week.
📖 Reading List
(Recycled because make sure you read both of these below!)
“Web3 Is Our Chance to Make a Better Internet” by Li Jin and Katie Parrott
“State of Crypto 2022” by a16z
Tell me what you’re working on in the discussion thread! I’ll make sure to check it out, and you might get a feature in the next NFTimes edition!
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Disclaimer: Investing in NFTs comes with inherent risk including technical risk, human error, platform failure and more. This newsletter is strictly educational and nothing we offer is financial advice. We are not professionals or licensed advisors. Views my own and not any other company I’m affiliated with.