BRIEF NEWS UPDATE

Welcome to the Newsletter, where we blend the world of macroeconomics with the wild rollercoaster ride of crypto and NFTs. Grab your popcorn and let's dive into the latest headlines. 🍿

Amid an ongoing regional conflict, Biden warns Iran over Gaza. Oil and gold prices have both surged by 6% this week due to the global unrest. On the economic front, headline inflation slightly exceeded expectations at 3.7%, core inflation met forecasts at 4.1%, and the focus now turns to the upcoming November 1 FOMC meeting. Read more.

The SEC will not appeal a ruling related to Grayscale's ETF. Read more 

This was the news of the week that has given Bitcoin a bit of a boost, while countries are coming together regarding regulations. There is a 90% Bitcoin ETFs will get approved by SEC in January Read more.

• Yuga Labs recently hosted a play test event in Berlin, where Meebits owners had the exciting opportunity to use their avatars in the Otherside for the first time. A select group of 40 Meebits and Voyagers attended, receiving exclusive peeks at the latest concept art, offering a glimpse into the visual direction of Otherside's development. Notably, they unveiled 'Meetropolis,' a brand-new island inspired by Meebits within Otherside. Read more.

• Stay tuned for a comprehensive play test trailer showcasing the Meebits Otherside adventure.

• Frank DeGods has made a major announcement about a complete reset of DeGods, returning all DeGods NFTs to Season 1. This reset signifies a return to the early days of DeGods, emphasizing fun, camaraderie, and proving one's mettle. Users can migrate their y00ts to the Ethereum blockchain during the current week, aiming to eliminate the distinction between y00ts and DeGods for their joint growth. Read more.

• Frank DeGods also teased an upcoming launch of a new feature or product that will address ecosystem concerns, spanning from y00ts to $DUST.

• Magic Eden and Collector, an RWA company on Solana, are teaming up to launch tokenized digital collectibles. On October 18, they will unveil a collection of 100 Pokemon cards. The initial release includes sought-after cards like the 2000's Blaine's Charizard. These cards are fully backed by physical counterparts and can be redeemed for them. While the cards will be initially minted in a concealed state, they will still support secondary trading. Pokémon fans, mark your calendars! 🔥 Read more.

• Spencer Ventures has made a significant move by acquiring 48 Pudgy Penguins NFTs from the Stary Night/3AC Collection through a transaction with Sotheby's. The investor emphasized the Pudgy Penguins' remarkable success in the digital realm, noting their global popularity, especially through GIFs, and the promising potential for licensing opportunities. This includes the recent partnership between Pudgy Toys and Walmart. 🐧 🚀 Read more.

• Sandeep Nailwal, co-founder of Polygon Labs, has put forward a formal proposal via the ApeCoin DAO forum for the establishment of a dedicated zk-L2 blockchain named "ApeChain." Interestingly, Yuga Labs also expressed interest in launching its own blockchain shortly after the costly Otherside mint. This collaboration holds several compelling advantages, including bolstered security, lowered transaction fees, extensive customizability, swift withdrawals, and shared liquidity. Read more.

• Upcoming Events & Mints

Highlights:

• Immutable has partnered with AWS, the cloud computing services division of Amazon. This partnership includes Immutable's participation in Amazon's ISV Accelerate Program, providing them access to Amazon's vast resource library and potential collaborations with renowned game studios worldwide. Read more.

• Nitro Nation: World Tour is a web3 mobile racing game released by Mythical Games in partnership with CM Games. Read more.

• REPUBLIK finalized a $6 million seed funding round for web3 creator tools. The Singapore-based company closed the funding round with participation from investors including OKX Ventures, Enjin, and FBG Capital. Read more.

• WoW has partnered with WS Game Company to launch "MONOPOLY: WoW Galaxy Edition". Read more.

• NFTfi introduced a significant protocol upgrade. The maximum loan duration was extended to up to five years. Read more.

• Arca proposed a two-tiered solution for adding utility to $BLUR. The solution includes a 1% base trading fee for Blur's marketplace. Read more.

• Snowfro, in collaboration with Red Bull Racing and Bybit, introduces #0, an Algorithmic [Embroider-able] physical artwork. Read more.

• Yuga Labs is hosting the Yacht Club Open House in Kai Tak, Hong Kong on November 5, 2023. The Yacht Club Open House follows Yuga Labs' exclusive ApeFest 2023 event. Read more.

• Alessandro Fiori, Lead Designer at Ferrari, will release an NFT on October 11 via Exchange.art, a platform supporting Solana and Ethereum. Read more.

• Kanpai Pandas teases "The Next Chapter" coming on Oct 31. Read more.

• Punk6529 announces allowlist tool. Read more.

PROJECT OF THE WEEK

Winds of Yawanawa by Yawanawa & Refik Anadol

• The Museum of Modern Art (MoMA) has added digital artworks by artists Refik Anadol and Ian Cheng to its collection. Anadol's artwork "Unsupervised," currently on display at MoMA (extended until Oct. 29), will become a permanent part of the museum's collection. This generous donation, including the NFT counterpart of Anadol's piece, comes from tech tycoon Ryan Zurrer and the RFC Collection, led by Pablo and Desiree Rodriguez-Fraile. Ryan Zurrer, known for acquiring Sam Spratt's Monument Game 1/1 and Beeple's Human One, continues to make significant contributions to the art world.

• This had an impact on the Winds of Yawanawa project, which is now ranked third in terms of total volume, just behind BAYC and MAYC.

• You want to know more about Yawanawa? ;) Read more.

TWEET OF THE WEEK

Introducing Flooring Protocol

PROJECT VOLUME

Gutter Cat Gang

• Gutter Cat Gang community member Noah (@mauloadream) is poised to assume control of Gutter Labs, an exclusive scoop from the Gutter Cat Times. Back in late September, Noah made a public bid of $500,000 for the acquisition.

• His vision for Gutter Labs includes a strong focus on community engagement, leveraging platforms like Discord, Twitter, and Twitter Spaces. In an exclusive interview, Noah stressed the significance of offering a platform for creators and community members to contribute and thrive. 🐱 🚀

• The floor price reacted strongly, going from 0.30 ETH to as high as 1.30 ETH in just a few days. Particularly noteworthy is Noah's activity on X, where he participates in many spaces and connects with influencers. This gives the community a positive feeling and, as a result, also impacts the floor price.

• The volume increased by over 1,800%!!

EVENTS BY ARTS DAO

DIGITAL ASSETS OASIS

You can become a member of the Arts Dao, by purchasing our NFT token, which grants you access to not only our exclusive community events, daily market analysis but also makes you a fractional owner of the NFT’s owned by the DAO Treasury.

These are some of the DAO holdings to date:

Including Proof Collective, Damien Hirst, Bored Ape Kennel Club, Admit one and more

OS Link: https://opensea.io/collection/ethernal-gates
Discord Link: discord.gg/artsdao