Daily News - January 17, 2022
Treasure:
SmolBrains, the blockbuster project on TreasureDAO, announces their roadmap featuring a community vote, Treasure farming, Founder’s Plot, and SmolPets all scheduled for January! The most interesting part of the announcement is regarding SmolVille, which is slated for a March release!
https://medium.com/@SMOLBRAINS/smolverse-the-next-30-days-d914587b6887
Bullish momentum is in full swing! Following the bullish announcements, $MAGIC pumped to an intra-day high of $4.00 (+ 33%).
Yyyy, the co-founder of TreasureDAO, teases the upcoming Trove marketplace - a generalized marketplace that’ll support the sale of non-MAGIC assets.
https://twitter.com/sumtemmm/status/1482805887441854465?s=20
Arbitrum, a rollup-centric scaling solution for Ethereum, announce a Twitter Spaces with the TreasureDAO team that’ll be held on January 19 at 6 PM EST. Some community members have speculated the recent 1000 ETH + migrations from Binance to Arbitrum may potentially be used to purchase $MAGIC.
https://twitter.com/arbitrum/status/1482567342680858626?s=20
John Patten, the co-founder of TreasureDAO, provides a heart-felt and sincere response to allegations of “pumping-and-dumping” $MAGIC.
https://twitter.com/0xjoer/status/1482823293166043141/photo/1
ChainSight Analytics, an on-chain data analysis platform, provides an alternative perspective regarding the upcoming $MAGIC unlock on January 24/25. Their report highlights the possibility of the 40 M $MAGIC ($160 M USD) overwhelming the $37 M liquidity pool, thereby, drying up liquidity and crashing the price of $MAGIC in the process. To this claim, many members of the community and core contributors have responded.
https://twitter.com/ChainsightA/status/1482853100364959747?s=20
News:
If you’re new to this space, it’s important to remain grounded during times of euphoria. Wil, the creative mastermind behind The Littles, posts an insightful thread discussing the various stages of a bull market.
https://twitter.com/wilxlee/status/1482868379447078919?s=20
Groceries, cosmetics, gym equipment, apparel, and NFTs? Walmart is the latest big-box retailer to enter the space after filing seven trademark application regarding their intent to explore cryprocurrenciees and blockchain assets (NFTs).
https://www.cnbc.com/2022/01/16/walmart-is-quietly-preparing-to-enter-the-metaverse.html
Most of our readers might be SmolBrains, however, CZ, the founder of Binance, releases his summer reading list.
https://www. binance.com/en/news/top/46974?ref=AZTKZ9XS&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=GlobalSocial
Two Bit Bears, the hyperrealistic on-chain project, launches the third generation of breeding. The breeding process is free, although users are required to pay for gas fees.
https://twitter.com/TwoBitBears/status/1482811565120315392?s=20
Hic et Nunc, the NFT platform on Tezos, has launched an on-chain vote to determine the new name for the platform. There’s currently ten options to chose from, however, you’ll have to wait until Tuesday to cast your votes.
https://vote.hencommunity.quest/vote/QmU7zZepzHiLMUme1xRHZyTdbyD4j2EfUodiGJeA1Rv6QQ
Notable Sales:
Logan Paul, a prominent social media influencer turned boxer, splurges 85.892 ETH ($283,443.60 USD) on 20 pieces from the IreneDAO collection! What started off as a meme, which was free to mint, has evolved into a massive social media trend. Never fade memes!
https://opensea.io/logz?tab=activity&search[chains][0]=ETHEREUM&search[eventTypes][0]=AUCTION_SUCCESSFUL
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT