Daily News - March 22, 2022
TLDR:
OpenSea trading volume trends lower for the fourth day in a row! On a more positive note, XCOPY will be releasing his latest piece on NiftyGateway this Thursday.
Treasure:
Peek-A-Boo pushes its mint back by 24 hours following difficulting migrating their contract. (Source)
Keungz releases a tool that enables 1 click crafting for Legions within BridgeWorld. Interestingly, the tool will automatically select the lowest value Treasures to use within the crafting proceed. Nevertheless, users should exercise caution as the code has yet to be audited by the official team! (Source)
Alerts:
PREMINT launches their allow list registration form! There are currently over 16,000 people that have signed up for the presale raffle, however, there are only 10,000 spots available. (Source)
OpenSea Trading Volume:
Ethereum continues to trend sideways ($2,899.18 / +1.2%), while, OpenSea volume continue to trend further down ($68.3M / -23.5%). This further solidifies the bull-trap setup that emerged following the $APE token airdrop.
News:
XCOPY will be releasing his latest piece titled “Gourmet Spicy” on NiftyGateway. The release will occur on Thursday, March 24th. (Source)
Unfortunately, 3 Bored Ape Yacht Club NFTs were stolen from Black Apple after they connected to a phishing website and approved a malicious transaction. The transaction contained a setApproveAll() function that granted the malicious wallet the ability to transfer the 3 BAYC from Black Apple’s wallet. The cost of the apes stolen stands at $960,818.10! (Source)
NFT Worlds is a tech platform disguised as a video game. It offers tools to align content, community, and commerce incentives to combine game creation and distribution in a single global platform. In other words, NFT Worlds is the L1 architecture of the metaverse; a new age social network with a scalable economy and several network effects simultaneously at play. Every new creator, player, and piece of content adds exponential value and utility to the NFT Worlds ecosystem.
Whitney.wrld, a prominent member of the NFTWorlds community, publishes a comprehensive document covering her thesis towards the NFTWorlds projects. Of particular importance, the article addresses circulating rumours surrounding the potential acquisition of NFTWorlds by Microsoft and the rationale behind such a decision. (Source)
Malaysia’s Communications and Multimedia Ministry advocates for the adoption of cryptocurrencies as legal tender. (Source)
Rendevous Equity, a P2E focused venture firm, officially closes its position on Sandbox citing concerns of inflated valuations and stiff competition from NFTWorlds. Nevertheless, the firm managed to make 297 ETH (+136.24%) return on their investment primarily through $SAND tokens and 6x6 land plots. (Source)
Notable Sales:
A recently created wallet has spent 313.87 ETH ($908,936.35) on 5 Azuki, 2 CryptoToadz, 3 CloneX, 7 Doodles, and 8 World of Women. The wallet was created and funded 39 days ago with 359.99 ETH - only 1.925 ETH remains. (Source)