Discover more from Zima Red - Metaverse, NFTs, Web3, AR, VR, AI

Zima Red explores how the metaverse is going to impact all of us

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📉 BLOODBATH

Is crypto dead?

May 10, 2022

Zima Red gives readers the weekly pulse on the biggest news around NFTs. Join our community and take the journey with us by subscribing here:

👤 Social & Collectibles

Azuki Beans reveal

The much anticipated Azuki Beans have finally been revealed as …. beans.

Beans give NFT buyers a lower entry point into Azuki
The floor peaked at ~7ETH before diving to today’s levels of ~3ETH
Rumors are circulating that were mounting pressure for the team to reveal the Beanz for some time.

New Doodles CEO

The former President of Billboard, Julian Holguin, will join as the project’s CEO. Holguin’s experience will go a long way to support soon to be announced next phase of Doodles. Along with the announcement, Doodles alluded to an upcoming reveal of its full vision and roadmap to include IP across music, gaming, entertainment, and culture.

Poolsuite to buy a Manor

The NFT-powered leisure corporation, Poolsuite, announced that they plan to launch a DAO to buy a manor in the Caribbean.

Poolsuite @Poolsuite

☼ BREAKING NEWS FROM THE POOLSUITE INTERNET LEISURE CORPORATION ☼ WE’RE BUYING A GOD DAMN MANOR, TOGETHER JOIN US → MANORDAO.COM

*Disclosure: Trevor Grant owns Poolsuite NFTs

🎮 Gaming

Bored Box Minting today (5/10)

The brainchild of Twitter parody account turned web3 gaming mainstay, Bored Elon Musk, will be minting today (5/10).

The Bored Box is minting for 1 ETH and will curate five exclusive items from top blockchain games.

Crypto Unicorns breakdown

JACL @JACL_e9

#P2E Cheat Code! 🎮 Is this game going to be the next Axle Infinity? Could it be even bigger? Farming game launching May 2nd so here is…. A thread 🧵 with everything you need to know about @crypto_unicorns #NFTCommunity #NFTs #NFT #P2EGame

Ancient8 GameFi research portal

The portal features an in-depth analysis of P2E projects as well as macro research.

🌎 Virtual Worlds

Yuga Labs refund

Yuga Labs @yugalabs

We have refunded gas fees to everyone who made a transaction that failed due to network conditions caused by the mint. The fees have been sent back to the wallets used for the initial transaction. Here’s how to find your refund… 🧵

Illuvium land sale

Illuvium will conduct a 20,000 plot land sale via a dutch auction on June 2nd. Review the snapshot for information regarding starting prices, auction types, sale duration, etc.

🎶 Music

Water and Music’s music NFT market trends mega doc

Water & Music @water_and_music

over the last month, 20+ contributors in our community came together to analyze music NFT market trends by genre, label, platform/protocol, utility, + more, covering $86M+ in primary sales. here's the result — a 51-slide deck + longform report, for FREE:

docs.google.com2021 MUSIC NFT SALES ANALYSIS || WATER & MUSIC

Music NFTs featured in Fortune

The piece covers how artists are earning the equivalent of 1M streams through a few sales on web3 platforms like Sound.xyz and Catalog.

Taylor Locke @itstaylorlocke

Spoke to ⁦@BlackDave⁩ ⁦@ImanEurope⁩ ⁦@mynameisheno⁩ ⁦@MoRuf88⁩ ⁦@dgreenstein1⁩ & ⁦@SnoopDogg⁩ about music NFTs and web3 “We try to do it different over here now because the old way doesn’t work for anyone,” Snoop said

fortune.comNFTs helped these musicians earn thousands in minutes. They’re turning toward Web3—right alongside Snoop DoggWeb3 artists are earning real money selling music NFTs—a huge jump from what they’re used to from streaming services like Spotify.

📰 Mainstream

Fidelity is thinking about NFTs

Fidelity International’s CEO, Anne Richards, told the attendees of City Week 2022 that they are thinking about NFTs in two ways:

How to make intangible assets (NFTs) more tangible to build portfolios around them.
How to use blockchain to make illiquid real assets more liquid through tokenization

The metaverse could be very transformative
- Anne Richards

Starbucks NFT

The headline is quite eye-catching (why do you think we used it) but we are starting to become quite numb to big brands launching NFTs. Could this one be different?

The actual details haven’t yet been revealed outside of the all-to-commonly used "exclusive experiences and perks"

Come ON copywriters, can someone please come up this something more fresh than using “exclusive experiences and perks” for the 199817094th time.

Starbucks did go a little esoteric in its description of a community-building space "outside of our homes and our workspaces" called the third place.

According to Starbucks, its NFTs will have utility within the third place.
The NFTs will be at the core of the “global digital community” that Starbucks is working to create.

Howard Schultz is BACK baby.

Coinbase’s head of product makes 💸💸💸

Dare Obasanjo @Carnage4Life

Coinbase hired a VP from Google, Surojit Chatterjee, as their head of product with $646 million compensation package in 2020. I’ve been waiting to see the product impact of the highest paid PM in tech. Coinbase NFT is that product. https://t.co/32j1OaKM8m

Nick Tomaino @NTmoney

1/ I haven't sold a share of Coinbase but will sell all my shares if the company doesn't make a strong move in NFTs in the next year. The current NFT product is not it...

Coinbase’s well-compensated head of product, Suroji Chatterjee, is leading Coinbase NFT. Coinbase’s maiden voyage into NFTs has faltered greatly out of the gate.

According to Dune Analytics, Coinbase NFT has processed less than $800,000 in sales volume from just over 1,500 users since April 20th. For reference, OpenSea has had 375,000 users in the same time frame. The poor user growth looks even worse when framed against Coinbase’s 89M verified exchange users.

The Vatican enters the metaverse

The Vatican is preparing a virtual exhibition of its notable artworks using NFTs. The Vatican hosts a collection of more than 800 pieces by 250 artists, including Pablo Picasso, Michelangelo, Leonardo Da Vinci, and many others.

💸 Funding

Zora ($50M) - A permissionless NFT protocol. The round was led by Haun Ventures and included additional participation from Coinbase Ventures and Kindred Ventures.

Americana ($6.9M) - A marketplace to buy and sell physical things as NFTs. The round included participation from Seven Seven Six and OpenSea.

GamerGains ($5.8M) - A platform to earn crypto playing your favorite games. The round included participation from Tiger Global Management, Winklevoss Capital, FTX, BlockFi, Cadenza Ventures, Republic, Electric Feel Entertainment, Lightbank, Shima Capital, Pluto Digital Assets, CMS Holdings, Alumni Ventures Group, Mirana Ventures, Third Prime, PJC, and Global Founders Capital.

Stakes ($5.3M) - NFT-powered sports betting. The round included participation from Digital Currency Group, FBG Capital, CMS Holdings, LD Capital, Cadenza Ventures, Matrixport, Sterling Select, Sam Li, and Founders First.

Mueshi ($3.3M) - A Marketplace for fine art NFTs. The round included participation from Harlem Capital, Presight Capital, CapitalT VC, Ted Lucas, Guggenheim Museum, Pérez Art Museum Miami, and Alexandra Wilkis Wilson.

📈 Market

rektguy PUBLIC RAFFLE: 1,500 spots for a FREE mint 💀. Register here: premint.xyz/rektguy/ Entires close: 5PM EST Weds 11th May Make sure you're following the team: @osf_nft @AlienqueenNFT @greatmando_nft @SwineCoder @ritual_artist Like and RT for good luck 😉.

🎙Zima Red Podcast

My guest today is Michael Sanders. Michael is a co-founder of Horizon, which is behind the game Skyweaver. Skyweaver is a free-to-play trading card game that is enhanced by web3

Why trading card games are perfect for web3
The skyweaver meta
How to create sustainable player-owned economies
Why implementing non-blockchain based digital items is essential for onboarding the masses
Why esports and web3 will be huge
How Horizon is building out broader web3 infrastructure - like a wallet and NFT trading protocol

Zima Red - Metaverse, NFTs, Web3, AR, VR, AI