Arts DAO Newsletter #57

Arts DAO is the largest NFT community in the Middle East, bringing artists, collectors and builders together to build the future of web3 together.

BRIEF NEWS UPDATE

  • Welcome, fam! 🔥 We're glad you're tuning in again 💗 Today, we have some exciting topics to discuss. As always, we'll start with the macro news.

  • Unfortunately, the situation remains tense due to regional conflicts. This is reflected in the price of gold. It's interesting to note that the Yuan has surpassed the Euro in the trade finance markets. In the USA, the search query "housing crisis" has reached a new all-time high on Google.

  • Also, a very strong week for Bitcoin, which crossed the 30k mark. First, the fake news regarding the ETF, shared by Cointelegraph, initially caused a price drop, but then a pump followed as hopes for ETF approval grew stronger. 📈

  • This is evident in Google Trends, where "ETF" in connection with Bitcoin is trending more and more. $Link broke out after a year and a half of consolidation, and altcoins, especially memecoins, are on the rise. It feels like an upturn, but be cautious, as a macro news event could change the sentiment once again. ⚡

  • The positive sentiment surrounding Bitcoin and crypto has spilled over into NFTs. Are we back? You'll definitely read this after every pump on Twitter 😀. The fact is, the NFT run in 2021 occurred during the peak of a bull market, and this time it might be the same, but it's not guaranteed. Just like with cryptocurrencies, the modest uptick should be approached with caution, given our challenging macroeconomic environment. Nevertheless, it's nice to see floor prices moving upward. Many projects have seen increases of 10-30%. It's been a successful week! 🚀

Let's take a look at some NFT news….. 🤔

  • Unbroken Chain, the world's inaugural Ordinals trading fund, is now operational, actively engaging in trading and investing in Ordinals-related assets. This fund is under the guidance of portfolio manager L. Asher Corson, who hails from Consolidated Trading. Initial investments for the fund encompass a substantial acquisition of Bitcoin Rock. Unbroken Chain's goal is to secure $5 million from limited partners. Notable collaborations include working with Domo, the creator of the BRC-20 token standard, and BTC Inc.'s UTXO Management.

  • Macy's has launched its digital fashion platform, Mstylelab, as an entry into the metaverse. Its inaugural activation is centered around their fashion brand, On 34th, which debuted in July. Macy's partnered with Journee for this metaverse venture, aiming to provide immersive experiences to a broader audience.

  • Dave Torres, VP of Interactive Marketing at Macy's, views Mstylelab as a pivotal part of Macy's Web3 digital strategy, fusing fashion and technology for style inspiration and discovery. In the near future, Macy's plans to unveil the next iteration of its Thanksgiving Day Parade metaverse experience as the 97th annual Thanksgiving Day Parade approaches on November 23 in New York City.

  • This parade will introduce the global NFT character brand Cool Cats, marking the first-ever NFT collection to be featured in a holiday festival.

Let's approach individual news categorized…. 🔍

Highlights:

Opportunities:

  • ISweat Economy, a web3 ecosystem promoting physical activity, is available in nine countries. Read more.

  • Token: $Sweat with 10m market cap

  • The Presale Manifest - Begins on October 25th at 3 PM EST and will close on October 27th at 10AM EST.

  • Planetall Presale - October 28th @ 1 PM EST for those using referral links & 3 PM EST for all others. Theard with more details.

Community activities:

  • Azuki supports holders with community-led events in Asia-Pacific. Read more.

  • Cool Cats avatar building system goes live. Read more.

  • Episode_02 of "Punks As Told By CryptoPunks" is now available. Read more.

Developments & Updates:

  • Circle introduces Web3 platform with enhanced tools for Web2 developers. Read more.

  • ENS updates app for enhanced ownership display. Read more.

Fund rising:

  • Third Time Entertainment completes $2 million seed investment for Photo Finish. Read more.

  • Crypto game Upland raises $7 million ahead of Ethereum token launch. Read more.

  • Fileverse secures $1.5 million in pre-seed funding for a Web3 workspace app. Read more.

  • Forge's video game platform with $11M seed funding. Read more.

  • Darewise Entertainment, another Animoca Brands subsidiary, raises $3.5 million in a token presale for Bitcoin-connected projects and the MMO game, Life Beyond. Read more.

General:

  • Reddit mods dump tokens before blockchain program termination. Read more.

  • Nicola Sebastiani, with experience from PlayStation Studios and Apple, is The Sandbox's new Chief Content Officer. Read more.

  • Pudgy Toys wins Toy Insider's Top Holiday Toy of 2023 award. Read more.

  • Art Blocks collaborates with The Giving Block and Right Click Save for a charitable auction named "reGEN." Read more.

  • Transient Labs introduces the Shatter Contract for minting unique 1/1 digital creations with collector fragmentation options. Read more.

  • Beeple announces Crypto Winter Wonderland event in Charleston, SC on Dec. 16. Read more.

  • Yuga CEO Daniel Alegre shares a detailed update on the state of their ecosystem. Read more.

  • Axie Infinity initiates the Axie Game Jam 2023 contest for global developers and teams. Read more.

PROJECT OF THE WEEK

Pixelmon

  • Pixelmon is releasing a hypercasual side-scrolling game called "Kevin the Adventure '' on October 24. Players can vie for a prize pool of more than $10,000 USDC by guiding Kevin through obstacles, avoiding nerfs, and utilizing power-ups.

  • There's a leaderboard for players to secure their position and compete for USDC rewards. Additionally, players not at the top of the leaderboard still have a shot at winning participation trophies filled with USDC.

  • The floor price has already increased. Depending on how the game is received, there is potential for further upward movement.

TWEET OF THE WEEK

A thread by Roger Dickerman about Art NFTs, really detailed 👏

PROJECT VOLUME

Potatoz

  • A very strong week for Potatoz:

    • Increased volume by 1,044%.

    • Ranked 9th in terms of volume among all collections

    • 46% increase in floor price

  • Why do they pump?

    • In the next 2-3 weeks, Memeland is planning three key activities:

      • Farming Memecoin ($MEME): They're launching a farming initiative, allowing community members to earn $MEME tokens through honest work.

      • Community Presale (aka Fire Sale): The community will have the opportunity to participate in a presale event.

      • Launching $MEME on CEX & DEX: They plan to list $MEME on centralized and decentralized exchanges.

    • The farming initiative serves several purposes, including raising awareness about $MEME, rewarding community members, recruiting new members, and having fun.

    • Anyone can participate in farming, and MVP, Captainz, Potatoz holders can also refer others.

🔥 Sponsor Opportunity of Arts DAO Weekly Web3 & NFT Newsletter 🔥

We're thrilled to announce that we are now open to sponsorship opportunities for our weekly Web 3 and NFT newsletter! 🚀

💡 If you're passionate about the decentralized web and NFT innovations, and you're eager to support the growth of this dynamic space, we invite you to join forces with us as a sponsor for our newsletter that reaches more than 3000 subscribers each month! 🤝

What's In It for You?

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Interested in becoming a sponsor? Get in touch with our team today! 📩

📧 Reach out to us on the Arts DAO Admin number for more information on sponsorship opportunities and potential collaborations or email [email protected] 

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