Scoops of the Week 🍦

🍦"Missing Cryptoqueen” placed on FBI’s top 10 most wanted

🍦Polium reveal 1st Web3 Game Console

🍦Could Cyrpto Mortgages be on their way

"Missing Cryptoqueen” placed on FBI’s top 10 most wanted

There has been a new name added to the FBI’s top 10 most wanted list and it comes in the form of Ruja Ignatova, also known as the "Missing Cryptoqueen".

She is the only female on the top 10 list and is wanted in relation to her role in the scam “OneCoin” where it is alleged she used the scheme to defraud victims out of more than $4bn.

She has been missing since 2017 and the current reward is $100,000…… what would you do with the reward? …….. why is loading up Metamask with 90.49 ETH the answer

Polium reveal 1st Web3 Game Console

Some of us Degens don’t often get to see too much sunlight so bringing out a console won’t do the waistline many favors however Polium took to Twitter to introduce the Polium One, A multi-chain console for Web 3 Gaming.

I\mmediate backlash from some of the gaming community quickly followed, issues such as the shape looking like the Nintendo Gamecube as well as the actual need for the product….it’s only in development just now 🥱

It may not fly off the shelves like the Nintendo 64 or the PS5 but it is good to see Web3 cementing their place in what will soon be normal life.

Could Cyrpto Mortgages be on their way

Citi, the global banking giant, released a series of comments surrounding mortgages backed by Cryptocurrencies.

The comments were as follows:

“Recently a new crypto-adjacent mortgage product has gained prominence with a straightforward motivation: allowing crypto investors to utilize their investment gains to secure a loan without incurring the tax event.

If the value of cryptocurrency declines, the borrower may be subject to margin calls and ultimately the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,"

For some strange reason we can’t see Santander getting on board this train

Scoop’s Weekly Winner 🏆

Who likes free mints……we like free mints!

God Hates NFT’s is this weeks winner!

The project launched on the 29th June and yup it was free, with a total collection of 5022 which of course sold out rapidly

The floor rose to an impressive 1.8 ETH before levelling off at 1.66 ETH

……Maybe God actually likes NFTs ?!

REKT SECTION 😡

John Terry…..welcome to REKT

The former Chelsea and England Captain is certainly not enjoying the bear market as his NFT scheme has lost an incredible 99% of it's value.

Ape Kids Football Club which was launched in February sat at a comfortable 0.27 ETH average with some impressive sales in the 1.8ETH region.

Unfortunately for Terry, the project now sits at 0.019 ETH.

This is one attack he may not be able to defend!

Market Mood 🥶

Brrr. Despite it being summer. Were still sitting cool. It’s definitely a builders market right now.

The Market Update 📊

Floors have been gradually increasing over the week with good performances seen amongst the blue chips. Volume has remained relatively steady but has seen a small dip over the last few days. A glitch in the graph has altered the data surrounding decreased listings, however, this figure has remained relatively steady over the week and even spiked on the 1st of July.

Monster NFT Purchase 👾

An ENS Domain is purchased for 300 ETH

You could purchase a brand new Rolls Royce Wraith or you could make the smart play and buy 3 Bored Ape’s and have change leftover.

Alternatively, you could have been this investor who decided to purchase ENS Domain 000.ETH for a slick 300ETH ($331,000)

The item was minted 3 years ago and following the sale the item has reached number 2 in the all time highest purchases for an ETH domain.

That’s two lists covered so far this newsletter…..we know what list we’d rather top (hint: it doesn’t come with a $100,000 dollar reward)

What’s Dropped 💧

God Hates NFTees

The free-mint dropped this week and has done spectacularly well. The floor price has steadily risen to 1.4eth and a ton of volume has been traded. Over the week the project has seen 2200eth traded and sits at #11 on the weekly charts. However, volume is picking up as the project sits at #3 on the daily charts with 930eth traded today.

Meka Rhinos

This is another free-mint that successfully dropped this week and is beginning to perform. The project dropped 2 days ago and has climbed the volume charts. So far the floor has climbed to 0.26eth and the project sits at #4 for daily volume with 560eth traded.

XOXO By Maya & Yehuda Devir

Despite not seeing the same success as the other two, this is another free-mint that is rising on daily volume charts. Currently, the floor sits at 0.08eth up around 2x from yesterday and has 234eth traded today which puts it at #11 on the daily volume charts.

Whale Watch 🐋

This week there has been some interesting whale activity once again.

Whale Buying

1. 9 whales purchased 25 Otherdeeds this week at a total cost of ($340,000).

2. 9 whales purchased 94 ENS names this week at a total cost of ($128,000)

Whale Selling

1. 9 whales sold 16 Moonbirds Oddities this week.

2. 8 whales sold 8 Moonbirds this week.

With bullish leaks surrounding Moonbirds and whales beginning to sell this suggests that we are near the short-term top on this one. Moreover, with continuous whale activity on Otherdeeds it appears we are getting closer to a big announcement on that front.

Alpha 💪

Moonbirds Leaks

The Moonbirds floor has skyrocketed today after leaks of a trademark appeared on Twitter for ‘Moonbirds Ravens’. This is rumored to be another arm of the Moonbirds eco-system. However, this is a trademark not a patent, and Kevin Rose has since taken to discord . Kevin confirmed that the leak is very pre-mature and the next step for Moonbirds is releasing a new website to detail the future of the ecosystem over the next few weeks, not ‘Moonbirds Ravens’. He also confirmed that when Ravens do release Proof and Moonbirds will have the utmost priority in getting hold of one. Finally, Kevin confirmed that two non-NFT-related things are going to be announced for Moonbirds in the next two weeks. Despite this, Ravens are on the horizon and are making investors increasingly bullish on Moonbirds.

Coolman’s Babies Raffle

This is the 2nd collection from Coolman's Universe & Coolman Coffeedan……Coolman’s babies. This is a no-brainer raffle entry and does not require any eth in your wallet. Here are the details:

• Mint date: 7/9/22.

• 2x mints per wallet.

• Allowlist Winners will be guaranteed a mint.

• Waitlist Phase 2 will be FCFS prior to public mint (if available).

• There will be 2400 winners.

Make sure you enter this one here as the raffle closes in just under 2 days! Good luck!

POTATOZ By Memeland

From 9GAG that brought you YOU THE REEL MVP, they now bring Potatoz which will be a free mint project!

Owners of the NFT YOU THE REEL MVP will be allocated 2!

We expect the Potatoz to do well in this free mint craze, so make sure you don’t miss out!

Entry for registry can be found here.

Disclaimer

The NFT Scoop newsletter or podcast is not financial advice, it is provided for educational, informational, and entertainment purposes only.

NFT’s can be highly illiquid markets, causing sharp drops in prices due to changes in narratives and trends.

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