🦇 CryptoBatz will bite your NFT
Introducing Showtime Marketplace, LooksRare; Pudgy Penguins sale🧾🧾
Dear NFTimer,
Not the best week for cryptocurrencies, and when the market is down, sometimes NFTs go up, sometimes they go down. I’m not too sure where we’re at yet. Earlier in the week, it seemed like floors were down, but some projects made it out better on the other side. Alien Frens floor jumped from 0.7 to 3.48 ETH in the last week. Similarly, Doodles are up 60%, going from 6.39 ETH to 11.2 ETH in just 7 days. Lots of new projects are coming in, but the question is, which one to ape in?
Dive in👇🏼
🎨 NFTs
Blitmap holders got an airdrop.
Farokh sold 27 pictures of himself as a baby for 0.27 ETH each. Floor price 1 ETH. 🥵
Ozzy Osbourne created CryptoBatz as a nod to, you know, him biting the head off of a live bat on stage in 1982, on Jan 20th. Supergremplin created 3 legendary ones, which will minted at random on the anniversary of the biting, Jan 20th! The idea is very cool: every cryptobat has the ability to ‘bite’ an NFT from another partnered project to create a Mutant Bat that shares the DNA (traits) of both tokens.
Apes flipped Punks again — floor at the time of writing, BAYC 67 ETH, Punks 60.95 ETH.
New marketplace alert. Well, sort of. You can now mint and list your NFTs for *free* on Showtime. It’s eco-friendly too.
Another new marketplace alert! LooksRare is for the community, by the community.
Rarible announced a tool that will allow users to find and cancel questionable sale orders from OpenSea.
Cool Pets from Cool Cats is coming on January 28th.
Cameron Moulène and other folks formed a DAO to buy the NFT project Pudgy Penguins from Cole for 750 ETH ($2,421,075).
🔮 Metaverse News
Decentraland introduced Royalties.
👾 NFT Games
NateAlex and Kane Wallman dropped a game titled Chainfaces Arena, which includes text-faced character NFTs. They battle it out; if one dies, NFT is gone forever. And for every 10 rounds survived, the NFT gets a generative scar.
GameStop is planning on creating its own marketplace!
Samsung opened 837X, a store in Decentraland, which is a replica of their flagship store.
🎶 Music
Jonathan Mann wrote a song a day for 13 years, and now selling them on OpenSea. He shares the history of this project here.
Daniel Allan, whom I wrote about (here and here) sold out his Overstimulated (EP) in under a minute via sound.xyz.
Speaking of Sound.xyz, they onboarded 20 artists last month and collectively achieved 20 soldout drops with over $200,000 in revenue earned for their independent artists. That’s equivalent to 60 million streams.
Nas became the first artist to drop his music on Royal. He sold partial rights to 2 of his songs. Royal is a platform by musician 3LAU.
BTS is moving forward with NFT plans despite the backlash.
🎥 Movies
Livepeer, the decentralized video streaming platform, raised $20 million in Series B.
Tarantino will still auction Pulp Fiction NFTs despite the lawsuit.
🔥 What else is hot?
OpenSea is valued at $13.3 billion. In Q4 ‘21 they made ~192M in revenue from on their 2.5% marketplace fee.
First use of Meebits API on Isotile metaverse.
You can now search people on Hyype.
Samsung is putting NFTs in its smart TVs.
Sudoswap changed link sharing to code sharing to combat phishing.
NFT data platform CryptoSlam raised $9 million for its seed round from the likes of Animoca Brands, Polygon, and Mark Cuban.
Airbnb co-founder and CEO Brian Chesky said the top most requested product feature for 2022 was cryptocurrency payments support.
NFT investment and co-production firm Metaversal raised $50 million for its Series A round.
r/Cryptocurrency was the #1 topic on Reddit, with r/dogecoin being the top subreddit. Much talk.
📖 Reading List
“Anonymous artist MuratPak’s name is… Murat Pak” Well, I kinda knew. It’s a common Turkish name.
“Crypto Theses for 2022” from Messari
🤪 Cool fun beans
Serena Williams enters the space with a Punk and a GM.
Eminem bought an Ape.
1/3 of Migos, TakeOff got a Punk for 95 ETH.
“Blood Run” by XCOPYART sold to DeezeFi for 242.69 ETH ($905,765).
“All Time High in the City” by XCOPYART sold to rarecollector3000 for 1630.0 ETH ($6,197,471).
Punk #2681 bought for 900 ETH ($3,071,979.05 USD).
Genie, a tool that helps users buy NFTs in batches generated $125 million worth of trading volume to date.
SuperRare collectors bought and sold $207.5M worth of 1/1 NFTs on Ethereum in 2021.
Find new drops on this blockchain-agnostic new platform, Sea Launch.
Beanie’s Mutant Ape after buying a serum for $3.5M:
NFT trading volume:
90% of NFT volume was on Ethereum:
🧵 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.
Thanks again for the newsletter Aleyna, I love reading it each week!
I'm working on a multiplayer racing game built on Enjin and Efinity, the website URL is https://blocktrucks.io
It would be great if you could check it out and give it a shout out in your next newsletter!
Thanks