Newsletter

NFT Market Update - 11th October, 2022

Cool Cats is expanding geographically with their new investment partner Animoca Brands. Chairman Yat Siu said, “in our part of the world, we are really inspired by Hello Kitty, and we see absolutely no reason why Cool Cats couldn’t be that, as well.”

Decentraland and Sandbox hit back at DappRadar after the platform spread ‘misinformation’ about daily active users. Reported numbers suggested Decentraland had 30 daily active users despite the company having $1.2 billion in market cap.

The New Zealand rugby team is gearing up for the World Cup after the team purchased 33 World of Women Galaxy NFTs in support of Black Ferns, the New Zealand National Women’s Rugby Union Team.

CNN is closing its web3 experiment, ‘The Vault’, which offered buyers NFTs that commemorate major news events. Some of the community are shocked at the abrupt closure of the project on Vault’s Discord with some even calling the move a “rug pull.”

Bored Ape and Mutants Ape owners can enter a casting call for Ape Water, the first sustainable water beverage of Web 3.0. Selected apes for the beverage will receive $10,000 in licensing fees.