NFT - Web3 - Meta Universe

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Flor Bored Ape NFT reached its lowest level in 2.5 years Now the flor on BAYC is 10.76 ETH, which is 90% less than the peak that the collection reached during the last bull run in May 2022. Then flor reached 128 ETH and 144 NFT monkeys were sold on May 1. And the peak of sales occurred on June 16, 2023, when 558 NFT were sold in a day, albeit at a much lower price (flor 45 ETH). If we take the NFT Price Floor data, then BAYC's floor will soon fall even lower — to 10 ETH. The reason for this drop is the crisis of the NFT market. But some baycs are still sold at a price much higher than flora. For example, BAYC #830 was sold in March for 504.3 ETH ($1.92 million), and in recent days several NFTs have gone above 30 ETH. The only chance to return NFT to its former hype and glory is to combine them with other branches of the crypto market in order to bring utility and usefulness.

👟 Smells like a bull: STEPN and Adidas have become partners The partnership began with the creation of a collection of 1,000 NFT sneakers at Solana. The collection will be launched on the Mooar marketplace this week. Only STEP NFT holders, adidas (ALTS), MOOER Level 5+ members and Gas Hero badge holders will be able to access the purchase on the first day. "This Genesis collection is the first in a series of joint events between STEPN and Adidas as part of a one-year partnership. The plans include further releases of NFT and the creation of physical objects linked to NFT," STEPN said in a statement.

🇯🇵 The Japanese branch of Animoca Brands will launch an NFT platform this summer Animoca Brands is a leading company in the field of blockchain games and NFT. Examples of its products are The Sandbox and Crazy Kings games. The company also invested in Axie Infinity, OpenSea, and Dapper Labs. The marketplace will offer different trading methods: from lotteries to first-come-first-served sales. It will also support the ERC-721 standard in the Ethereum and Polygon chains. More and more new products are coming to Web3, the launch of the NFT platform, and even from such a giant, is clearly a green signal for the market.

The SEC secretly investigated NFT developer Dapper Labs in 2023 Dapper Labs — developers of NBA Top Shot and CryptoKitties. Fortune magazine recently received a document signed by David Hirsch, head of the SEC's crypto assets division. This document is a report on the closure of the Dapper Labs case. It does not specify the reasons for the investigation, the start date, or the factors that led to its closure. The SEC closed the case in September 2023, after concluding settlement agreements with Impact Theory and Stoner Cats, developers of NFT collections. This was the first interaction between the SEC and the NFT market, then they were accused of selling securities without registration under the guise of tokens. In addition, the SEC decided not to comment on the investigation, which "may or may not have passed." Everything is in the style of the commission. Dapper Labs themselves said they were unaware of the investigation.

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💎 Notcoin will become a full - fledged ecosystem with new games The Notcoin founder spoke at the Hong Kong Web3 Festival and shared the results and plans. We have collected the main information for you. 📊 Notcoin results in numbers • 35 million players joined the game. Of these, 6.5 million played daily, and 2 million had Telegram Premium. • Notcoin is the top 1 channel in Telegram, 94% of subscribers came at the invitation of friends. 📕 Tokenomics • Notcoin has no blocked coins, the community is the main token holder. • No presales or third-party investments. Notcoin will have no sales. 🕹 Plans for a new game and events • Notcoin will change its gameplay from "click and earn" to "search and earn". How exactly: users create their own companies with quests → enter $NOT into a smart contract → players complete quests and receive $NOT. • Monthly, Notcoin will launch various quests and events for users. 🤑 Trading bot and NFT • $NOT integrated into a Telegram trading bot with available limit orders. They allow you to set the desired purchase/sale price of a coin when it reaches this mark — bought/sold. • Skins in Notcoin will become NFT, who bought — wait for the mint.

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Why don't traditional collectors buy our bags? Part 2. Existing players, such as galleries, face the "innovators' dilemma." Their current business model will be in jeopardy when digital art becomes widespread. They assume that it does not meet the needs of their current customers and is financially unattractive. They rather struggle with it. Museums have always been reluctant to introduce technologies that can use conservation tools and curatorial expertise that go beyond classical traditions such as painting and sculpture. It took a century after the invention of photography for them to be exhibited. Cryptocurrencies and #NFT have a bad reputation. While the crypt is seen as a Ponzi scheme, #NFTs are usually associated with "boring overpriced monkeys" that are used for money laundering and fraudulent trading. They say they have no intrinsic value. For a long time, the experience of viewing a digital image was disappointing. The limited size, insufficient color accuracy, low resolution and poor viewing angles have made it almost impossible to fully appreciate the quality of digital art. Fortunately, the situation is changing. Although the massive adoption of digital art by collectors of traditional art has not yet become widespread, it is important to recognize that the problems mentioned above are solvable and will be overcome over time. The future of art is digital, and nothing can stop us.

Let's talk about the digital divide: Why aren't traditional collectors buying our bags (yet)? Part 1. Digital art has been around since the 1960s, revealing creative potential on an unprecedented scale. It has also become easier for artists to bypass barriers such as museums, galleries and art objects. However, collectors of traditional art are still hesitant to accept digital art. Digital art has long been rejected because it can be copied over and over again, leaving an almost impossible trace of the original work. #NFT solved this problem by authenticating ownership. However, most collectors of traditional art are still unaware of the intricacies of the blockchain. Traditional art has a tangible presence that touches the viewer's senses: the texture of the canvas, the weight of the sculpture, or the subtle nuances of brushstrokes that have been cherished for centuries. All this is not present in digital art. Digital art is often frowned upon as "real art." "Digital art is for hackers and people who can't draw." We are currently having similar discussions about #AI. The focus was on the issues of ownership of works of art and copyright. The market for elite traditional art is dominated by auction houses. They serve primarily the elite older clientele. To maintain credibility and trust, they focus on traditional markets and existing clientele. Digital art is outside their comfort zone (and their clients'). Buyers of traditional art often do not understand technology. Setting up a wallet, buying cryptocurrency and securely storing #NFT is not something that is convenient for them. To encourage them to make this leap, greater adoption of cryptography and more user-friendly #NFT interfaces are needed.

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Immutable x Polygon invests $100 million in Web3 gaming Immutable will manage the capital, and Polygon Labs will look for projects to invest in. Given their experience, this role is perfect for them. Several Web 3 games have already been added to the portfolio: - Pixelmon — METALCORE — GuildOfGuardians — My Pet Hooligan The investment initiative sounds good, especially since the height of the bull market is coming soon. It might be worth trying to start playing. Context for those who have not heard about these blockchains: Immutable plans to revolutionize the world of gaming with Web 3. They have already had many successful cases. Polygon is a blockchain that allows you to scale the capabilities of Ethereum. Its advantage is low transaction fees. With such giants, blockchain games on these networks should expect growth, big or not - time will tell. But this is definitely a positive signal for the whole blockchain gaming.

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CryptoPunks 7804 was purchased for 4,850 ETH or $16.4 million. This is the TOP 2 deal among all cryptopanks!😎 The first sale was 6 years ago for a modest 12 ETH ($15,000). Then on March 11, 2021, punk was bought for 4.2 ETH ($7.57 million).🤩 As long as Crypto Punks are alive, so is NFT.🔥

🏆 Milady will launch a meme smartphone Milady is a collection of 10,000 NFT avatars, which even Elon Musk pampered by posting a picture from NFT in May 2023. Recently, Milady announced the release of 100 smartphones. $ 1 million LADY F and an NFT ID will be distributed for the purchase. Price per smartphone: 2 SOL ($373). Before that, on March 18, Milady launched sat down on their memcoin $LADYF, then they raised $18 million in a couple of hours. It is from this money that the "meme smartphone" project is funded.

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Is Play-to-Learn reborn? We are analyzing the sensational project on the new Blast blockchain Crypto Valleys, a DeFi farming game based on the Blast, layer-2 Ethereum network, is being actively discussed in the crypto space. Over the past day, the in-game token $YIELD has reached a capitalization of $89.2 million. Token price: $14.69. 🎮 Game mechanics: Players buy NFT seeds with the in-game token $YIELD → plant them and collect them to get more $YIELD. The "landing" process can be repeated in order to receive passive income. The game also has a "gachi" element — players can buy packages with random NFT seeds of different rarity and forget the profitability. Such a simple but highly profitable scheme led to the success of Crypto Valleys. The project also recently noticed 1,500 free NFT characters. Sales totaled $2 million 30 minutes after the blowjob. Flor on NFT is 0.47 ETH ($1,630).