💪🏼 It's Metaverse Time: Adidas x Bored Ape Yacht Club x gmoney x Punks Comics
A five minute silence for the Mr. Goxx, RIP. Christie's X OpenSea Collab 🎨
Dear NFTimer,
NFT became Collins Dictionary's word of the year. They described NFT as “a unique digital certificate, registered in a blockchain, that is used to record ownership of an asset such as an artwork or a collectible.” “Climate anxiety” came in second place, “double-vaxxed” in third, “metaverse” in fourth, and “crypto” in seventh. Check out rest of the list and cool animations for each word here.
Dive in👇🏼
🎨 NFTs
SuperRare introduced tipping your favorite artists and collectors using their native token, $RARE.
Rarible introduced a direct messaging feature that uses crypto wallet addresses.
Emmy Award winning studio Time Studios is partnering with Pablo Stanley to create an original series based on Robotos.
Nouns now have a studio to utilize their IP and create a brand. Nouns is a unique project since it creates and auctions one pixel character NFT each day, and the funds from the sales go into a shared treasury that Nouns NFT holders make decisions about. NounsDAO will work with David Horvath to bring Nouns character to Hollywood.
Immutable Apes X will be the first Immutable X project trading on OpenSea.
SuperRare is presenting the Ross Ulbricht genesis collection during Miami Art Week.
Damien Hirst turned the cover art he made for Drake’s “Certified Lover Boy” album into a series of 10,000 NFTs and airdropped for free to holders of his The Currency collection. 🤰
Christie’s will hold an auction on OpenSea. It’s interesting as they are taking a different route than Sotheby’s, which opened its own marketplace titled Sotheby’s Metaverse. The auction will be open for browsing between December 1st and 3rd and open for bids between December 4th and 7th. Some featured artists are Blake Kathryn, CyberKongz, DotPigeon, EtherRock, FriendsWithYou, Fvckrender.
Macy’s is auctioning 10 NFTs based on its famous Thanksgiving Day Parade. The profits from the sale and 10% of resales will go to Make-A-Wish Foundation. Auction ends in one day.
Martha Stewart is releasing a new collection of 100 NFTs titled “The First Thanksgiving ‘remembering 1994.’”
Director of acclaimed movies like Brazil and 12 Monkeys, Terry Gilliam, auctioned an NFT titled “Blessed Before Blast,” based on a surrealist print he had in his home for 50 years. He told Decrypt that he has “an incredible collection of artwork that I’ve made over the years and much of it has never been seen outside of my home. I thought NFTs would be a good way to share this body of work with the rest of the world.”
A Snoop Dogg and Coldie collaboration is coming on SuperRare.
🔮 Metaverse News
The two largest metaverse land purchases happened this last week. The first one sold for $2.4 million in Decentraland. Just a couple of days later, a new record was broken when a virtual land sold for $2.5 million in Axie Infinity.
Cryptovoxels listed 15 Honolulu parcels and 29 Kauai parcels.
Decentraland’s $MANA and Sandbox Game’s $SAND tokens are seeing their all-time high prices. With the rise of metaverse initiatives and big tech companies entering the space, we might now see these news every other week.
Adidas enters the metaverse, and they are going in hard! They first announced a partnership with Coinbase, then Sandbox tweeted and tagged Adidas, teasing a partnership (or a land sale?) And things got heated when a Bored Ape Yacht Club, gmoney and Punks Comics collab tease got tweeted, featuring a Bored Ape wearing an Adidas sweatshirt with all their logos. 👇🏼
👾 NFT Games
Axie Infinity breeding event started.
A recent World Economic Forum report said the play-to-earn (p2e) games will “change how people interact with and perceive traditional socioeconomic structures like financial institutions, marketplaces, and governments.”
Bitcoin rewards app Fold is partnering with Pokemon Go creator Niantic Labs to launch an AR Bitcoin hunting game.
⚽️ Sports
Dapper Labs is launching a new NFL-based NFT marketplace called NFL All Day, which will sell video highlights from NFL games as NFTs. 🏈
Odell Beckham Jr. of Los Angeles Rams said that he will receive his 2021-2022 NFL season salary all in Bitcoin - about $4.25 million with Cash App. He is also giving away $1 million worth of Bitcoin.
🎥 Movies
Crypto finally made its debut in South Park in this week’s episode. The episode is set 40 years into the future when Covid finally ends (😰), and people pay for everything with Bitcoin.
🔥 What else is hot?
MoonPay set up MoonPay Concierge, a service that helps people with high net worth who are not familiar with crypto to buy NFTs.
ConstitutionDAO chronicles continue… They said the project ran its course and accomplished what it tried to do: buying the U.S Constitution. “We have determined that building and maintaining an ongoing project is not something that we as a core team are able to support, given the technical and administrative requirements of doing it properly,” said the team on Discord. I can imagine running a DAO of 17 thousand people and $43 million is not what they were aiming to do. BUT, they did make $PEOPLE tokens claimable depending on how much you contributed to the raise. And even after these news, $PEOPLE token is seeing all-time highs, and trading around $0.11 at the time of writing. While ConstitutionDAO won’t do anything with the token, any other project is free to incorporate the token in their projects. (Disclaimer: Author contributed $50 to ConstitutionDAO and holds 10k $PEOPLE tokens.)
The movie theater chain Regal joined AMC in accepting cryptocurrencies to buy movie tickets, and it even accepts a wider range of coins and tokens.
Paris Hilton joined a $20 million funding round in the Swiss nonprofit NFT project Origyn Foundation, which uses artificial intelligence to enable smartphone users to authenticate and tokenize both physical and digital assets. Loves it. 💕💖🎀
ConstitutionDAO is spurring a whole range of DAOs trying to buy stuff. Krause House is trying to buy an NBA team and has raised 1000 ETH ($4 million) via Mirror. WAGBAT! (We’re all going to buy a team) ⛹️♀️
We lost one of the greatest traders of all time, Mr. Goxx.
📖 Reading List
“DAOs, A Canon” by Sonal Chokshi, Zoran Basich, and Guy Wuollet (A16Z)
“Music NFTs GMI” by BlockchainBrett
“NFTs and a Thousand True Fans” by Chris Dixon (A16Z)
🤪 Cool fun beans
Urbit Galaxy ~ben sold for 140.8 ETH. ($615,974)
Damn. Twin Flames #49 sold for 850.42 ETH. ($3,500,648)
A token called Omicron (TITLED BEFORE COVID, LOL) is up 137%.
🧵 Threads
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.