🏟 Sorare raised $680M, putting the value of the platform to $4.3B, Dapper Labs valued at $7.6B
Snoop Dogg holds $17 million worth of NFTs, Netflix will release a crypto documentary📺
I hope you’re having a great Monday morning!
At the time of writing, Bitcoin is at $43,176, while Ethereum is at $3,022.
Twitter announced some big news — first, TIPS. It will allow Bitcoin payments by adding features such as Lightning wallets. You can either send Bitcoin to someone via Square’s Cash App or Strike. This is big because a creator can perform on Twitter’s new Spaces, and receive tips from all around the world with ease.
Twitter also announced plans to support NFT authentication — so sort of like a verified PFP picture. More details on this will be coming soon.
Snoop Dogg reveals that he is … Cozomo de’ Medici. That wallet holds an estimated $17 million worth of Ethereum NFTs, making him an NFT whale. His wallet includes 9 CryptoPunks, 6 robot Meebits, a skeleton Meebit and a collection of ArtBlocks. Iron Man vibes. I love it.
Nifty Gateway announced their new Director of Content, Javier Villalobos.
Burger King announced an NFT campaign in collaboration with the marketplace Sweet. The idea is pretty sweet (see what I did there?); there will be QR codes on nearly six million meal boxes, unlocking a digital collectible. Unlocking these can lead to different awards like Whopper sandwiches for a year, autographed goods, and a call with one of the campaign’s celebrities.
A new marketplace featuring fine art and opera is coming from Gary Vaynerchuk, and gallerist Vito Schnabel. Art Official launched with the first auction from the Italian contemporary artist Francesco Clemente.
The project ethlings has pulled the rug. (meaning: stopped working on the project, active development, and pulled all liquidity from their coin)
It looks like the new marketplace (metaverse?) Shōyu will feature games, since they are powered by UnrealEngine. Their metaverse looks so beautiful and definitely different than what we have so far.
A new NounsDao native bidding app nouns.party launched, where fees are lower and the money from unsuccessful bids rolls over to the next auction.
Dapper Labs has partnered with LaLiga, the Spanish soccer league, to launch an NFT marketplace. Dapper Labs recently raised $250 million, and is now valued at $7.6 billion.
A new project came as a derivative of Loot, Skills project. Learn about the project from this thread.
PunkBody launched on Saturday, and you can mint one now.
Yearn.Finance creator Andre Cronje launched a new marketplace, Artion, as a rival to OpenSea. It takes no commission and has very low gas fees.
🔮 Metaverse News
Snoop Dogg is entering the metaverse with Sandbox. He partnered for an upcoming metaverse game in which players can customize and share experiences. Snoop tweeted, “Follow the wallet,” implying the Cozomo de’Medici’s wallet where people discovered ‘Snoop Dogg Private Party Pass.’ Only 1,000 passes will be released — 650 available to buy from Sandbox’s marketplace, 212 awarded to people who buy a LAND plot from the Snoop LAND sale, and the rest will be airdropped as giveaways.
Fantasy soccer NFT platform Sorare raised $680 million in Series B funding led by SoftBank, which puts the value of the platform at $4.3 billion.
NBA player John Wall launched an NFT collectibles project called Baby Ballers, but he got criticism back since the teaser image background was taken from Fortnite, and the character seems too similar to the Boss Baby character.
Crypto.com announced a sponsorship deal with NBA’s Philadelphia 76ers. The players will have a patch on team jerseys, and Crypto.com will release 76ers NFT collectibles on its marketplace.
On a SiriusXM podcast, seven-time Super Bowl winner Tom Brady said he would “love to request that to get paid in some crypto and, you know, to get paid in some Bitcoin or Ethereum or Solana tokens.”
Netflix will release a new documentary called “Trust No One: The Hunt For The Crypto King” about the QuadrigaCX scandal. The documentary will tell the story of Gerard Cotten, the founder of the Canadian crypto exchange who died on his honeymoon in India in 2018, taking $250 million with him. It will follow a group of investors as they try to investigate Cotten’s suspicious death.
Lockdown, a pandemic-themed thriller movie, will be released as a series of five NFTs in October by Phoenix Waters Productions and AMM Global. The movie will also have premiers in Hong Kong and UK that viewers can get tickets via an NFT ticket.
🔥 What else is hot?
Mirror, the publishing platform, now supports videos in partnership with Glass.
ArtBotter makes it accessible for everyone to purchase/bid via bot.
The decentralized crypto exchange Orca, built on Solana, announced an $18 million funding in fresh funding led by Polychain, Placeholder, and Three Arrows Capital.
Rekt, the ‘dark web of DeFi journalism,’ celebrated its one-year anniversary and released a limited set of merchandise for the occasion.
Alleged right-wing conspiracy theory QAnon head Ron Watkins is selling NFTs of screenshots of tweets from his now-banned Twitter account on OpenSea under the title, ‘Freedom Series.’
And finally, the wallet is here! Well, almost. Robinhood will finally allow users to move their crypto investments off their platform.
AMC might add Dogecoin payments to the list of cryptocurrencies that it will allow.
📖 Reading List
“The Internet As Religion” by David Phelps
“The NFT Art Agency Explains Creativity and More” an interview with Matt Kennedy
“JPEG the Jeweller” by Arthur Hayes
🤪 Cool fun beans
On September 21st, there has been 44 Chromie Squiggles sales that amount to more than 1800 ETH. ($5.4 million) 🤯
Cool Cats floor rises to 11 ETH.
Loot Bag #4444 bought for 69.69 ETH. ($220,000)
All Time High in The City by XCOPYART sold for 1000 ETH. ($2,924,080.00)
Side-Eyeing Chloe NFT bought for 25 ETH ($75,315) by 3F Music.
I was at the Other Art Fair in Santa Monica last Friday, and came across artworks from Boo Deity, an artist who had physical works with crypto themes. She also has NFTs as well, so make sure to check it out!
Tell me what you’re working on in the discussion thread! I’ll make sure to check it out, and maybe you’ll get a feature in the next NFTimes edition!
If you like this newsletter, please share it with your friends or whoever you think might like this. Meanwhile, follow timely news on Twitter. See you next week.
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.