Daily News - January 15, 2022
Treasure:
We are building financial primitives that will hopefully form the piping beneath many metaverses. MAGIC is a currency in which debt, wealth, etc can be denominated in the entire metaverse space.
ClocksnatcherDAO post another invaluable medium post featuring a Q&A with John Patten, a co-founder of TreasureDAO. The pair delve into a host of topics including BridgeWorld, constructing financial primitives for the metaverse, P2E, etc.
https://medium.com/@clocksnatcher/if-treasure-is-successful-it-will-scale-beyond-axie-and-dfk-john-patten-talks-bridgeworld-b8a14f6fa43f
Like a butterfly emerging from its cocoon, TreasureDAO gracefully transformed from nothing to a billion-dollar DOA in a matter of five months.
https://twitter.com/jpatten__/status/1482164588862918657?s=20
Attention fellow Binance users! Arbitrum has posted a full-featured guide detailing step-by-step instructions to transfer ETH to Arbitrum. Be warned, Binance does temporarily turn Arbitrum deposits off from time to time.
https://arbitrum.notion.site/How-to-use-Binance-deposit-and-withdrawal-with-Arbitrum-6b17bf97f4074c1a9af3237cdff60bb0
News:
On-chain, you say? MoonCats, one of the original NFT projects on Ethereum, is now completely on-chain. This means all metadata/information and SVG-formatted images are stored permanently on the Ethereum blockchain. This minimizes the risk of losing any data stemming from the failure of external repositories or databases.
https://mooncat.community/blog/onchain
Wikipedia editors have decided not to classify NFTs as art. This prompted backlash from the crypto community, many felt this decision undermines the legitimacy and value of crypto native artists.
https://twitter.com/artnet/status/1482025719265959936?s=20
FTX launched a $2 billion venture fund dedicated to “advanc[ing] global blockchain and web3 adoption, with a broad investment mandate across social, gaming, fintech, software, and healthcare.” Of particular interest, Amy Wu, the lead of the new venture fund, recently followed TreasureDAO on Twitter!
https://www.theblockcrypto.com/post/130303/ftx-launches-2-billion-venture-fund-hires-lightspeed-exec-to-lead
After much anticipation, Bored Ape Yacht Club opens up registration for the BAYC x MAYC Mobile Game Competition! The original launch date was pushed back after an unexpected rug by Apple, for which they were never issued a formal explanation.
https://twitter.com/BoredApeYC/status/1482134386808078338?s=20
As a final act, Peter Bogdanovich, the legendary filmmaker, produced LIT Project 2: Flux featuring Kim Basinger. The film will be available on January 25th exclusive on Ethereum.
https://deadline.com/2022/01/peter-bogdanovich-kim-basinger-lit-project-2-flux-nft-film-january-25-release-ethereum-blockchain-1234913057/
Notable Sales:
CryptoSkull #70 is purchased by Gary Vee for 100 ETH ($330,929.00)! Gary is tied in first place with ultrxparadise for the highest CryptoSkull purchase at 100 ETH!
https://opensea.io/assets/0xc1caf0c19a8ac28c41fe59ba6c754e4b9bd54de9/70
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT