Daily News - January 5, 2022
Treasure:
TreasureDAO’s marketplace officially surpasses Axie Infinity’s marketplace for NFT sales volume over the past 24 hours. The surge in volume coincided with a Twitter Spaces discussion that featured alfa leaks from John Patten - the creator of TreasureDAO.
https://twitter.com/Mike_Crypto/status/1478482421154992128
Up only seems to be the motto for TreasureDAO’s $MAGIC token. The $MAGIC token achieves another ATH of $4.91. https://www.defined.fi/arb/0xb7e50106a5bd3cf21af210a755f9c8740890a8c9?cache=fe832
TIP-08 Liquidity Bootstrapping Program officially passes with 100% of votes ratifying the proposal. The proposal aims to allocate MAGIC emissions, as a source of liquidity, for newly onboarded projects. https://snapshot.org/#/treasuredao.eth/proposal/0x18db5a26d6b532336eec258a42a9597fc1270f08a2805260d1fd348fddfb0c31
ClocksnatcherDAO, the first guild to form within the Treasure ecosystem, publishes a medium post discussing the importance of guilds - community-run organizations. The primary arguments include the ability of guilds to enable players to pool resources together to amplify their in-game abilities, while, simultaneously building a stronger sense of community.
https://medium.com/@clocksnatcher/community-run-organizations-are-a-natural-next-step-in-developing-proof-of-imagination-779af26cd874
News:
Axie Infinity, the trailblazing NFT-based online game, addresses the economic outlook for the ecosystem. In particular, the article addresses recent inflationary concerns regarding the SLP token - an in-game token used for Axie breeding.
https://axie.substack.com/p/dev-journal-economic-balancing
Are you not entertained? Mega Mutant Serum received another record-breaking offer of 1,645 ETH ($6.25 M). The bidder currently has 4 BAYC, 1842.1 WETH, and 300 ETH in their wallet.
https://opensea.io/assets/0x22c36bfdcef207f9c0cc941936eff94d4246d14a/69
Moonpay, the concierge service used by celebrities to purchase high-value NFTs, publishes a guide on Cool Cats.
https://www.moonpay.com/blog/nft-101-cool-cats?utm_content=193278297&utm_medium=social&utm_source=twitter&hss_channel=tw-1024699964071522305
1.03 Billion USD. Bored Ape Yacht Club has achieved a monumental landmark with sales surpassing 1 Billion USD. The blockbuster project was originally launched in April 2021 for 0.08 ETH ($190 USD). https://www.theblockcrypto.com/linked/129084/bored-ape-yacht-club-crosses-1-billion-in-total-sales?utm_source=twitter&utm_medium=social
0xInuarashi published a thread discussing an Opensea bug that enables the unintentional sale of a user’s assets. This bug causes the “reactivation” of a user’s previous listing, thereby, facilitating the sale of NFTs under their current market prices.
https://twitter. com/0xInuarashi/status/1478486855305760768
Notable Sales:
All-Class 2 sold for a record setting 42,500 $MAGIC ($193,375) on TreasureDAO’s marketplace.
https://marketplace.treasure.lol/collection/legions-genesis/2
Doodle #3954 sold for 150 ETH ($570,505.50) to daddykalish.eth. The buyer boasts an impressive collection with 8 CryptoPunks, 1 BAYC, 14 Cool Cats, and many other highly valuable NFTs.
https://opensea.io/assets/0x8a90cab2b38dba80c64b7734e58ee1db38b8992e/3954
Dez Bryant, the NFL wide receiver, purchased CyberKong #1239 for 7.5 ETH ($28,473.90). https://etherscan.io/tx/0x181b370df44ee75891b039745137ed6de65fba6e0828357bfb7bf277359032bf