🛍 Balmain has big Web3 plans

ENS craze, Seth Green's Ape got stolen🥷

May 30, 2022

Dear NFTimer,

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.

Dive in👇

🎨 NFTs

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.
ENS domains hit an all-time high in monthly revenue in May, totaling over $8 million. ENSDAO is also looking for an artist to revamp the boring ENS avatar images.
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.

FFVV1211.eth @FFVV1211

.@SethGreen new trailer for his new show, keep your eyes peeled👀 @BoredApeYC @GutterCatGang @veefriends

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.

💃🏼 Fashion

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.

🎥 Movies

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.

⚽️ Sports

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.

aleyna.eth ⚡️ @aleyna_eth

Does Seth Green still has the rights to his stolen Ape? Should he be able to continue with his project featuring his stolen Ape? Let us know what you think of question of the week & we'll tell the results in the next @rarible Spaces with @adamilenich!

📖 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

🧵 Threads

Bharat Krymo @krybharat

1/ On cc0, the future of web3 and public goods. I've long felt that cc0 was the right web3 aligned licensing model, but as a solution it seemed a few years out due to the shortcomings of an ultra democratic model. The events of the past few weeks have changed my perspective. 🧵

w3b.eth│.bit @w3b_eth

13 last years of W3B and NFTs converted in a 24-hour clock

player1.eth @player1_eth

Okay, so you just got into #ens and you feel like all the good domains are taken and you've missed the boat Well, so did I before I registered my first ens-domain less than five months ago Here's a thread about my journey and what I'd do if I would start over today 1/X

Maria ⚡️ @MariaShen

We're in an NFT renaissance! I'm blow away by the new uses for NFTs I see every day. Here are 5 new frontiers for NFTs & predictions for the future: medium.com/electric-capit… Monster Thread of 5 new NFT frontiers👇🏽 (1/28)

medium.comFive New Frontiers for NFTsArt is the tip of the iceberg and we are rapidly seeing new use cases for NFTs. This article highlights five new frontiers for NFTs.

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.