Dear NFTimer,
I took the weekend off to hike in Joshua Tree. There was no connection, no wifi, no computer. I know we are all “expected” to be on our computers all day looking at Twitter, refreshing news sources, and checking #announcements on Discord, but I must say I do appreciate everything we do here when I take that space. Seeing nature makes me enjoy the work I do during the week, and the work makes me relish the weekend trips or hikes. I would highly recommend you do something out of your house, something that makes you happy & doesn’t require a screen.
Dive in👇🏼
🎨 NFTs
CoolPets are launching today for 0.5 ETH each.
Nifty’s introduced “Featured Artists,” a series of curated drops from a diverse group of global creators shaping the NFT landscape.
A user who goes by jpegdegenlove managed to acquire two Bored Apes, two Mutant Apes, one Cyberkongz Genesis, and a Cool Cat for a total of 57.31 ETH ($137K) and sold all of them soon later for 390 ETH ($936K) due to a bug in the code. OpenSea is reimbursing users who sold NFTs below market value due to this issue in the code.
Slingshot 2099 is a new marketplace for Polygon NFTs.
Oasis is a new NFT marketplace powered by StarkNet where you can deploy your own ERC721 contracts and trade your NFTs.
Do you have questions for the CEO of Art Blocks? Now you can ask them here.
👾 NFT Games
Maker of an open-world role-playing game called A Township Tale, VR gaming studio Alta raised $12.4 million in a seed round which put the company’s valuation to $62 million.
🎶 Music
John Lennon's son Julian is selling several items of Beatles and John Lennon memorabilia as NFTs. Pieces include Paul McCartney’s handwritten notes for the Beatles song "Hey Jude" and items of clothing worn by John Lennon.
Sound has paid out $300,000 to 33 independent artists who released songs on their platform.
🎥 Movies
To all my fellow TV-heads, I present you LedgersNFT, a view-to-earn project.
🔥 What else is hot?
The head of YouTube Gaming, Ryan Wyatt, is leaving his position to become the CEO of Polygon Studios, a new venture dedicated to building on Polygon.
OpenSea may soon be adding support for Solana NFTs.
YouTube CEO Susan Wojcicki mentioned that the company is considering the possibility of expanding YouTube's offering to “things like NFTs.”
Coinbase launched a free tax center as IRS deadline approaches… slowly, but surely… approaches.
Paradigm shared an article about CRISP, the “Constant Rate Issuance Sales Protocol,” which aims to sell NFTs at a targeted rate over time.
PartyDAO introduced Collection Parties. You get to start a party on any NFT collection, collect ETH, then buy any item you want when the time is right.
Gem.xyz had 10k ETH volume in its first week.
New update on LooksRare: you will now earn $LOOKS trading rewards when you trade any NFT on LooksRare from any collection. (it was eligible collections at first)
Coinbase added the CEO of Shopify to their board of directors.
📖 Reading List
“The Web3 Debate” by notboring
“Music NFT Landscape” by Coopahtroopa
“Proof of Steak: Building a Community-Driven Food Industry with Web3” by Matt Newberg
🤪 Cool fun beans
FTX US put its value at $8 billion after raising $400 million in Series A from the likes of Paradigm, Temasek, Multicoin Capital, and Lightspeed Venture Partners.
Mega Mutant Ape #6942 has been bought for 7,320 ETH ($17,738,116.80).
The encrypted messaging app Signal is beta testing a crypto-based payments system
Vitalik’s thoughts on Web3. (10 years ago)
New crypto startups received $32.8 billion from venture capitals in 2021.
SkyBridge Capital founder and former White House communications director Anthony Scaramucci’s advice to people after the Bitcoin crash: “take a chill pill”
The Diem Association (the crypto wallet Meta was working on) might be selling its assets and closing down the biz.
According to Google Trends, Google searches for ‘NFT’ are now ahead of ‘crypto’ and ‘Ethereum.’
Welcome Gwyneth Paltrow to BAYC.
Etherscan just launched Blockscan Chat, a messaging app where Ethereum users can chat with each other simply by connecting their wallets.
Bored Ape #232 bought for 1080 ETH ($2.75 million)
🧵 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.