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Newsletter #30
Arts DAO is the leading Internet Culture and Digital Collectibles community in the Middle East, bringing artists, collectors and builders together to build the future of web3 together.
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Hey fam!
Biden's out of the 2024 race, shaking up markets. Bitcoin's still killing it with retail investors. POPCAT briefly hit $1B, and Yuga's spicing up The Otherside.
New AI tools are popping up, and there's tons of NFT and gaming action.
Keep your eyes open!
BTC & Altcoins:
🔗President Biden announced he would step down from the 2024 Presidential race via a letter shared to his Twitter page. Crypto majors dipped briefly on the news, then rallied sharply.
🔗Retail interest in Bitcoin has reportedly hit levels not seen since it was at $16,000.
🔗The ETH ETFs were formally confirmed by the CBOE to launch for trading on July 23.
🔗Grayscale announced its new Decentralized AI Fund, seeking to provide its investors with access to blockchain x AI.
The fund is made up of a basket of 5 decentralized AI protocols, with market caps in the $1B-$7B range.
Memecoins:
🔗POPCAT became the latest memecoin to hit $1B, briefly reaching the number before dipping to $870M
NFT/Web3:
🔗Yuga announced a major partnership with Pixel Vault & Reboot to bring skill-based wagering into The Otherside. And The Otherside announced "Project Dragon" will take place on July 27 at noon ET
🔗Coinbase revealed new info on its cryptic cat post + NFT link from yesterday, introducing a new "The internet needs an update" campaign leading to a "Mister Miggles Remix Challenge" offering the ability to mint a version of the shared cat.
AI:
Every week, we select new AI tools that you can try out. This way, you save time for the more enjoyable things in life.
🔗 Pop AI - Create polished presentations and docs faster. Enter any prompt and make a compelling presentation using AI in minutes.
XspaceGPT - Master Twitter Spaces with GPT4 for AI summaries and insights. Transcribe live audio to text, extract abstracts and mind maps!
MyMap AI - Mapping out your ideas. Struggling to plan your next big project? MyMap turns complex ideas into clear mind maps.
Alpha:
🔗 Sofamon released its Telegram mini app for everyone, with 120,000 Blast Gold to distribute.
🔗 Mocaverse and Pacmoon distributed tokens to those who participated in their collab creator event from a few weeks back.
🔗 Fantasy Top opened up the ETH claim for Heroes, once again offering the chance to share rewards with Card holders.
🔗 XAI is sponsoring a $50,000 tournament celebrating Yaku arriving on Xai Games.
Tweet of the Week:
The Moonshot App debuted in the Apple AppStore, offering a new way of buying & selling of memecoins via Apple Pay deposits (and credit/debit cards, PayPal & crypto) without wallet creation headaches