☝🏼 Prices are shaky, but you are early: 0.009% of internet users own an NFT
@Jack resigns, NFT Studios launch, Spider-Man: No Way Home NFTs🕸
Dear NFTimer,
Were you at Art Basel? No? This week might have felt like you were the only one who was not there. NFTs did make a big impression during the Miami Art Week. Artworks were being sold as NFTs, and different NFT projects were throwing parties for their communities. Tezos debuted an exhibition titled “Humans + Machines: NFTs and the Ever-Evolving World of Art,” and Coinbase had the “Probably Nothing👀” party.
There was the NFT.BZL one-day conference on Wednesday, where many prominent crypto people had discussions and spoke on panels. Co-creator of Axie Infinity Jeff Zirlin told, “I think we are entering a battle for the future of the internet … they're going to try to squash this beautiful thing that we built because it threatens them—it threatens their business model, their way of life, and their philosophy … We are going to see this battle between grassroots internet communities and the large corporations that are trying to basically buy the soul of the internet” while talking about Meta. (prev. Facebook)
Oh also crypto prices have been up and down since the new Covid strain came into the scene. But you probably already know this😅
Dive in👇🏼
🎨 NFTs
A Loot avatars project is cooking.
Nouners voted to give 169 ETH ($750,000) to Gitcoin.
Tamrat dropped their genesis VR NFT on Olta Art.
Sartoshi dropped his project, mfers. It’s a project of 10021 profile pictures drawn by sartoshi. So simple yet pretty cool. I must say his Twitter is one of my favorite accounts.
Budweiser changed its Twitter name to beer.eth and dropped their first NFT project, “Budverse Cans - Heritage Edition.”
DeadFellaz is dropping Deadfrenz.☠️
You can use Genie to batch buy ERC-1155 tokens.
Artists can now deploy their own ERC-721 smart contracts on Foundation.
Rarible is bringing Tezos integration and carbon removal program with Nori.
AMC and Sony Pictures are collaborating on distributing 86,000 NFTs to people reserving an advance ticket to the opening day of the movie that is on everybody’s minds (well, mine for sure), Spider-Man: No Way Home.🕷
FTX US Marketplace now supports Ethereum NFTs. The exchange, which was supporting Solana NFTs before, accepts both fiat money (USD) and cryptocurrencies.
Bored Ape Yacht Club Artist Seneca (not to be confused with Zeneca) released 5 new NFTs during Art Basel.
Cool Cats is collaborating with The Littles NFT. They are also looking to hire, fyi.
CloneX NFTs sold out after a shaky and controversial drop.
The Matrix Avatars became the first 100,000 unique pfp project, selling on Nifty’s! And after a couple of days with some technical issues, they sold out. That was kinda expected since over 80K people were waiting to log in to the website. I’m excited to be a part of this big group of holders and see where this project will go! Be on the lookout on December 16th.💊
🔮 Metaverse News
Let’s start with the biggest story. ADIDAS ENTERS with not one, not two, not three, but four partnerships! They partnered with Bored Ape, Gmoney, and Punks Comics to join the metaversal hype. Why 4th? I’m guessing they will be on Sandbox because of this.
According to DappRadar, $100 million was spent buying digital land last week, with $86 million into Sandbox Game and $15 million into Decentraland. If you check OpenSea’s stats section, you might have realized that Sandbox has been #1 for a while now.
👾 NFT Games
Loot Squad raised $5 million for their seed round.
🎥 Movies
Bienvenue NFT Studios! This new startup wants to produce the first feature film, fully funded by minting NFTs. Their first movie will be a comedy-drama about the true story of Brian Milton, who circumnavigated the globe in a small aircraft, titled “A Wing and a Prayer.”
🔥 What else is hot?
Jack Dorsey resigns from Twitter.
R4v3n is dropping “Pieces of Me” on Art Blocks this Thursday.
Anna Lucia is dropping “Loom” on Art Blocks this Friday.
Matt Kane is dropping “Gazers” on Art Blocks today.
Typical Tigers Project is a collection of 3900 NFTs representing ~3,900 endangered Tigers that are left in the wild. They are donating 7.5% of the mint proceeds to Tigers4Ever Foundation.
Camilla Russo’s book “The Infinite Machine: How an Army of Crypto Hackers is Building the Next Internet with Ethereum” is becoming a movie!
Grimes on Axie Infinity:
📖 Reading List
Let’s keep it mellow this week, you deserve it. Here are three videos I enjoyed from the Defiant last week:
And do some homework, check out the OpenSea stats, and hang out looking at the projects. Drop into Decentraland and Somnium Space to explore and see it for yourself (can we make SIFY the new DYOR? I think that’s better.) Look at different charts people make on Dune Analytics. Click the links on this newsletter; each takes you to the source where you can get more info on the project. Go down the rabbit hole!
🤪 Cool fun beans
“Unconscious History” bought by Starry Night Capital for 17.17 ETH. ($75,946)
Facebook lifted the ban on crypto advertisements.
The payment company Square changed its name to Block, referencing blockchain. Square Crypto is being renamed to Spiral.
According to Bloomberg, Tourism Authority of Thailand is trying to lure crypto millionaires by making it easier for crypto holders to spend digital currencies.
Vice-chairman of Berkshire Hathaway Charlie Munger said, “The Chinese made the correct decision, which is to just simply ban them,” telling that he wished crypto had never been invented. He continued to say that he wants “to make [his] money by selling people things that are good for them, not things that are bad for them.” wha? 🤔🤷🏼♀️
Punk #6089 got a bid of 2300 ETH ($9,746,618) NBD.💸
“Some Other Asshole” by XCOPY bought by Starry Night Capital for 550 ETH ($2,302,822)
🧵 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.