Daily News - January 8, 2022
Treasure:
John Patten, the co-founder of TreasureDAO, announced that community-decision making would be the backbone for directing the future of the SmolBrains project.
https://twitter.com/jpatten__/status/1479676602300743680?s=20
VarityJonezz, an active contributor to the TreasureDAO community, crafted a daily liquidity report to inform community members of $MAGIC bonding discounts, liquidity providing returns, impermanent loss, and protocol-owned liquidity.
https://twitter.com/VarietyJonezz/status/1479625649287413762?s=20
News:
NFTDegeneratesDAO, a group of investors led by Cameron Moulene and Luca Netz, acquired Pudgy Penguins following the public critique by 9x9x9.eth regarding the misallocation of publicly raised funds by the project founders.
https://twitter.com/cameronmoulene/status/1479582899791749121?s=20
“While building relationships with existing galleries is important, our thesis about the cultural importance of NFTs extends into gaming assets, tokenized literature or collectibles, Apes, Cats, whatever it may be.”
Juried Protocol Galleries, a curation site for NFTs, raised $3.8 million in a seed funding round featuring Electric Capital and IDEO CoLabs Ventures.
https://www.coindesk.com/business/2022/01/07/nft-curation-site-jpg-goes-live-with-38m-in-seed-funding/
“Buy and sell tokens that represent shares in a litigation and access a multi-billion dollar investment class previously unavailable to the public”
Sports betting is so yesterday, Ryval, a crypto startup introduces the ability to bet on civil lawsuits using crypto tokens.
https://www.vice.com/en/article/v7d7x3/tech-startup-wants-to-gamify-the-us-court-system-using-crypto-tokens
$LIT released their second airdrop featuring a dynamically changing NFT of Robert De Niro. The NFT actively responds to price fluctuations of ETH by changing De Niro’s face - highlighting the interplay of emotions and the market.
https://twitter.com/neilstrauss/status/1479607182291193856?s=20
Worldwide Webb, the MMORPG metaverse game, teased the release of a platform fighter game with special abilities specific to a user’s NFT. The project has been picking up attention from the wider NFT community due to its rapid and inclusive integration of various NFT projects.
https://twitter.com/WebbEmotional/status/1479530865147351043?s=20
Notable Sales:
Ether Orc #1026, otherwise known as Orgug the Master Warlock, is sold for 20 ETH ($64,283.30) to martiuskudasai.eth
https://opensea.io/assets/0x3abedba3052845ce3f57818032bfa747cded3fca/1026
Steve Aoki acquired Doodle #2238 for 269.69 ETH ($866,540.94) to arrive at a grand total of 6 Doodles.
https://opensea.io/assets/0x8a90cab2b38dba80c64b7734e58ee1db38b8992e/2238
If you’re interested in learning more or joining a community of NFT traders, head on over to OriginsNFT