🔭 Postcards from Space as NFTs
Is anybody talking about anything but Twitter🤝Elon Musk & Moonbirds? 🦉
Dear NFTimer,
In case you haven’t heard (I know you did) — Elon Musk offered to buy 100% of Twitter for $43 Billion at $54.20 per share. Disclosed in an SEC filing, he said he believes Twitter needs full privatization to become the free speech platform he knows it could be. My first thought was, “I’m not surprised.” After, “not sure if Twitter should be a free for all townhall.” Also, “What does Musk know about running a social media platform, and does he even have the bandwidth?”
I got a short one for you this week but I have some cool things cooking :) I’ll be giving an NFT 101 workshop this Friday so keep an eye out to my Twitter for the announcement!
Also, I’m looking for a serious UI designer who can design using Figma for a really cool project. If you are interested, free to email me or DM me on Twitter.
Dive in👇🏼
🎨 NFTs
The hottest NFT drop this week was the much anticipated Moonbirds, the NFT collection of Kevin Rose’s PROOF collective, which is a private members-only collective of 1,000 dedicated NFT collectors and artists. The collection raised $60M on the initial sale and generated $280M in two days. The floor is currently sitting at 18.4 ETH.
Context announced its $19.5M seed round and rolled out new UI and features.
LooksRare is now officially audited.
CryptoPunk #7756 was bought for 1050 ETH (over $3 million.)
Proof of Beauty is minting its latest generative art series, HASH Season 2: HUNT.
VeeFriends Series 2 dropped!
🔮 Metaverse News
Meta announced that it will enable VR creators to sell virtual items in Horizon Worlds and that it will take 47.5% of the sales to itself. They said it was a competitive rate… :)
The metaverse avatar company Genies raised $150 million in a Series C round which values the company at $1 billion.
Decentraland is working with EPNS on bringing push notifications when a bid is received & accepted.
Under Armour has filed a trademark for their name in the metaverse. After Nike and Adidas entered the space, it’s not surprising other goods brands did not want to be left behind.
Former NASA Astronaut Scott Kelly sold out his collection of 3,333 Postcards from Space. He donated 100% of net proceeds to the Global Empowerment Mission for the Ukraine Crisis.
👾 NFT Games
Epic Games has raised $2 billion from Sony and KIRKBI at a $31.5 billion valuation with plans to build a blockchain-based metaverse.
Polygon network-based NFT basketball game Swoops raised $3.5 million from Courtside Ventures, Alpaca VC, and Gary Vaynerchuk.
🎶 Music
Warner Music Group partnered with POAP (Proof of Attendance Protocol).
⚽️ Sports
The NBA Launched an initiative dedicated to Web3, Metaverse, and NFT Collectibles.
13 National Football League teams announced a collaboration with Socios, the fan token platform.
🔥 What else is hot?
Law professor and former Ripple advisor Michael Barr is President Biden’s choice for the next vice chair for supervision of the Federal Reserve.
AMC now accepts Dogecoin and Shiba Inu payments via its mobile app.
Amazon won’t be adding crypto support anytime soon. But CEO Andy Jassy said, “I do believe over time that you’ll see crypto become bigger.”
Over 70% of voters in a Wikimedia Foundation poll said they were against the Wikipedia accepting cryptocurrency donations.
The Merge will come in Q3 — devs said ‘in the few months after’ June.
📖 Reading List
“There are NFTs buried in the Arctic. We went to find out why” by the Defiant
“Why gamers hate NFT’s - explained properly for once” —> I really didn’t get why gamers wouldn’t want NFTs, but this 2 part guide made me sympathize and I completely hear their views now. I’d highly recommend it. (My favorite argument: games are just supposed to be fun”)
🧵 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.