👾 Otherside Test #1 was successful
CloneX gives out full rights while Blockbuster DAO couldn’t buy the IP 🎞️
How are you, dear reader? Are you bearing with us? Yours only here got Carpal Tunnel Syndrome as an occupational problem (as told by the doctor) because I’ve been writing a bit too much. I’m changing gears for a minute and taking some time off from work at Vayner, and stopping writing for Mint. NFTimes of course will continue to bring you timely news every week, with some typing help from the new member of NFTimes team, Irem. (say hi!)
Timing works well, because I also have been meaning to 1) take a bit of time to regroup — because I really haven’t had a vacation or any time off for about a year 2) work on an idea I first had in February, but never had the free time to work on. This bear market will be the perfect time to build, and the product I’m working on will be perfect for bear market. I’ll keep you guys updated.
In other news, Elon pulled out of the Twitter deal, and Twitter is taking him to court. My gut is telling me that they want more than the $1 billion dollar breakout fee. Elon really messed with the whole company, so many people in the C-suite have already left, employees have been confused for months. How much will he pay? Lmk what you think on this tweet poll. 👇
Also my hero and one of the very few people I look up to Kara Swisher REPLIED TO ME ON TWITTER. She liked two of my tweets before, and this is one of the highlights of my month.
The Ethereum Name Service (ENS) Registrations spiked 216% in a week, with 108,000 new ENS domains being registered.
Reddit launched an NFT-based avatar marketplace that allows you to purchase blockchain-based profile images for a fixed rate.
Doodles founder poopie.eth purchased Doodles #3881 for 155.55 ETH.
The ENS domain 000.eth was sold for 300 ETH ($320,000 USD).
Coca-Cola released a Pride Series NFT Collection on Polygon in partnership with the South African fashion designer Rich Mnisi.
ClubNFT launched its tool and new website.
The generative art marketplace The Archipelago marketplace has launched.
The Bueno Generator allows you to create your own NFT collection without writing any of your own code.
CloneX owners have been given full commercial rights to the NFTs they own. RTFKT has shared 3D files of each Clone X which owners as well.
Phillips is hosting an online auction of early computer art, video art, and digital art titled Ex-Machina: A History of Generative Art.
NFTs are coming to YouTube.
🔮 Metaverse News
Creators of Bored Ape Yacht Club, Yuga Labs completed the first test for their Otherside Metaverse.
Decentraland launched a $500k USD bug bounty on ImmuneFi.
I went to check out the Salvatore Ferragamo store and minted my own NFT.
LimeWire relaunched as an NFT Marketplace. Travis Barker is among the first artists with a collection on the site.
David Guetta partnered with Stage 11 for a Music Metaverse Adventure.
Water and Music published Music Metaverse report.
🔥 What else is hot?
Elon Musk’s The Boring Company (TBC) will now accept $DOGE payments for using the company’s Vegas Loop System.
The lead developer of Shiba Inu Shytoshi Kusama announced the prospective launch of a stablecoin for the SHIB ecosystem, a reward token, and a collectible card game for its metaverse.
Crypto Billionaire & FTX founder Sam Bankman-Fried’s Alameda Research owes the Bankrupt Voyager Digital $377 million.
Genesis CEO Michael Moro confirmed that the firm took part in liquidating Three Arrows Capital.
Blockbuster DAO couldn’t buy the IP.
DeFi lending platform Teller has launched a buy now, pay later service for NFTs.
Raoul Pal launches Web3 company to tokenize pop culture.
📖 Reading List
“The Investor’s Guide to the Ethereum Merge” by Lipsa Das
“What Makes Tokenized Communities Valuable?” by Forefront
“The Ethnography of a DAO” by Kelsiemvn
“Web3 Use Cases: The Future” by Not Boring
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.