Daily News - August 1, 2022
TLDR:
Tiffany and Co partner up with CrytpoPunks! Yuga releases MeeBits IP! 3Landers begin their airdrop! DeFi Kingdoms sees some life!
OpenSea Trading Volume:
Ethereum experiences a slight pull back closing the day at $1,681.52 USD (-0.8%)! OpenSea trading volume continues to reaffirm the bear market with only $13.13M USD in daily trading volume - down over 40% from last week’s average trading volume.
News:
Tiffany and Co are entering the NFT realm with NFTiff! The collection features 250 digital passes for 30 ETH ($50, 197.80 USD) available exclusively to CryptoPunk holders. These passes offer each owner a custom-designed CryptoPunk pendant made from 18k gold and 30 gemstones. (Source)
CryptoPunks see a surge of 503.03% in daily trading volume due to the NFTiff announcement!
Yuga Labs will release the IP agreement for Meebits on August 15, thereby granting the community the same licensing rights enjoyed by the BAYC community. Unfortunately, Yuga Labs made sure to “reserve the right to make changes” to their IP stance. (Source)
3Landers begin their second airdrop of materials! The airdrop is trading on secondaries for < 0.01 ETH. (Source)
Wave Ninja publishes his research into the connection between Yuga Lab’s founder Gorden Goner and his connection to the publisher and editor of "alt-write" publisher ExPat Press. (Source)
In response to NFTiff, Chains NFT announced that they’d be creating custom pendants for BAYC holders. (Source)
DeFi Kingdoms, the original play-to-earn protocol, experiences a surge in player activity following the release of questing in CrystalVale! (Source)
Notable Sales:
The Tiffany and Co news has sent CryptoPunks to the moon! CryptoPunk #6874 was sold for 300 ETH ($513,200 USD) to 0x…35b5. The buyer has a portfolio of 4.2M USD consisting primarily of 2,200 ETH and roughly 0.5M worth of NFTs. (Source)
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT