Daily News - March 26, 2022
TDLR:
Magic Dragon DAO is live and offering ~ 54% APR for staking $MAGIC! XCOPY’s latest collection titled MAX PAIN AND FRENS may be more than meets the eye …
Treasure:
Lost SamuRise, a project partnered with the TreasureDAO marketplace, teases the release of ERC721NES (Non-Escrow Staking)! This would permit users to stake without requiring them to deposit their tokens within a staking contract, thereby, saving the community from potential exploits to the staking contract. (Source)
Magic Dragon DAO, often considered the Convex Finance of the TreasureDAO ecosystem, goes live! They’re currently offering ~54% APR for staking your $MAGIC tokens. Before depositing your $MAGIC, please be sure to double-check the contract and documents! (Source)
OpenSea Trading Volume:
Ethereum retreats slightly back to $3,108.10 (-0.9%). In a similar manner, OpenSea trading volume retreats back to $86.45M (-12.37%).
News:
“People’s perception of Cool Cats solely exists in the NFT capacity right now, but that’s really just our launching platform for the brand as a whole, so we intend to take it in just about every avenue that we possibly can,” Luza
Cools Cats sign a deal with Creative Artists Agency (CAA) to explore potential licensing and marketing opportunities. (Source)
Following the release of MAX PAIN AND FRENS, XCOPY hints at the possibility of something greater for the project. Many have interpreted his latest Tweet to imply the collection will be a generative collection, as opposed to multiple copies of a singular artwork. (Source)
MultiverseVM and Xeno OS launch their metaverse experience. For those interested in earning loot, there are currently quests available with the promise of potential prizes. (Source)
Raoul Pal, the highly respected and widely successful investor, documents his thoughts behind his recent purchase of Bored Ape #7894 for $400,000. In particular, he speaks at length about the importance of social tokens and networking effects - both of which Yuga Labs has thrived at! (Source)
Notable Sales:
Wallet 0x9726…9982 purchased 23 MAX PAIN AND FRENS by XCOPY for a grand total of 40.1078 ETH ($124,795.02). (Source)