DeGods release new roadmap

The Triple Scoop

 

GM to the 23 new readers who joined this week. Without further ado. LFG

SCOOPS OF THE WEEK 

⛓️ NFT’s

  • DeGods and Y00ts Roadmap

  • Magic Eden Launches Multi-Chain Wallet

  • Axie Infinity Commercial Rights

👨‍💻 WEB3

  • MicroStrategy Stock Surges to Nearly Two-Year High

  • Privy Secures $18 Million Web3 Series A Funding

  • Web3’s Paying Off For Puma

🪙 CRYPTO

  • CZ was ordered to stay in the US for now

  • Crypto is the best money for ‘AI’

  • These Altcoins sold off sharply because of token unlocks

  • Stablecoins - The Unsung Heroes of Crypto

💎 Premium

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⛓️ NFT’s

  • NFT Total Market Cap $7B - 24/hour change 1.17%

  • NFT total Volume 24 Hours - $23.7M +11.93%

    • The limited movement was seen in the NFT market, particularly a slight decline in most profile picture (PFP) projects. Though we have just crossed 7 Billion in Market cap for NFTs. There was a time not so long ago that we were barely half of that.

    • DeGods experiences heightened volume following a recent team announcement, although the specific details remain unclear.

    • Jack Butcher's "Trademark" NFT sees a significant surge, climbing 82% in a day, reaching a floor price of 0.25ETH and proving profitable for minters.

    • Creepz NFT project demonstrates consistent growth, registering a 25% increase in the last 24 hours, a remarkable 80% rise in the past week, and an impressive 175% surge over the last month.

    • Overall though, the strength seems to lie in Generative Art & Web3 gaming-related projects.

    Here is our list of solid pickups below.

    • CrypToadz by Gremplin

    • Opepen

    • The Captainz

    • Yoga Petz

    • Kubz

    • Lil Pudgys

    • Sproto Gremlins

    • MF’ers

    • OnChain Monkey

DeGods & Y00ts Roadmap - Major update released by Frank.

At a glance 🔎 
  • Frank has revealed the upcoming roadmap for both DeGods and Y00ts on his X account.

  • Some things are yet to be revealed but this is what we know so far👇

- DeGodesses will not be happening, but female holders will receive an exclusive 1/1 DeGodess artwork that wont be tradeable.

-Points parlour will be gone for good with 100 Y00ts being given away as final prizes.

-IP Licensing system & potential start-up funding where holders can use their NFT and project logos, build user-generated content on their own or with a team, and crowdfund with other holders to co-release.

-DeTox launching which is a new app that circulates the best posts from DeGods and Y00ts creators - this will launch this week!

-There will be a new art upgrade for both DeGods and Y00ts.

-A new working group will be created for upcoming artwork.

-BTC DeGods team will be expanded, BTC Y00ts is to be held off until there is enough demand for BTC DeGods.

-The creation of an identity system that will combine holders’ on-chain and off-chain activity history.

-Applications to become the president of DeGods & Y00ts is now live.

-Tool for token-gated, invite-only sub-communities / chats on Telegram.

-Activations in 5 major cities is coming soon.

-2 to 4 artists will be hired by DeGods.

-Exclusive ArtBasel events.

🕵️ Scoops take:

DeGods certainly had an incredible run earlier in the ear and were tracking for the top dog position.

Unfortunately for them, the market conditions and sentiment quickly changed and the floor plummeted and has struggled to recover.

Frank did the best thing, took a step back, and doubled down on his project trying to piece together what will be best for his community, the project itself, and future success.

They have certainly covered a lot in the above in taking on board holders’ needs, it seems a well-thought-out plan.

All he needs now is the execution.

There hasn’t been a major rally in the floor of either DeGods or Y00ts following the release of the roadmap (at the time of writing) but both are up over the last 7 days.

Congrats to Scoop Premium Members who have been printing this run.

The Green Dot below indicates where we called Autonolas / $OLAS in Premium back in August. Members managed to gain a whopping 5X just in time for Christmas. It doesn’t look like this token journey is over.

Triple Scoop Premium members have been printing the last few weeks getting the low down on the hottest alpha across crypto & NFTs.

Want to see what all the fuss is about? Start your free 2-week trial today & get prepared for the bull run that is underway.

Our Premium Unlocks this week…

Magic Eden Launches Multi-Chain Wallet - Another User-friendly Bonus.

At a glance 🔎
  • The wallet is currently in closed BETA, but you can apply to be on the waiting list.

  • The browser extension will allow holders of multiple NFTs and Crypto to bridge in one place.

  • It will be self-custody so users will need to keep a seed phrase.

  • Crypto can be purchased with fiat currency

🕵️ Scoops take:

Nothing is more frustrating than swapping between different wallets and extensions so this is welcomed news.

Of course, the market may become saturated with these types of services but the more the merrier.

Things are certainly rosy right now for Magic Eden so it’s good to see that are fixing the roof whilst the sun is shining.

If you want to join the Beta, you can do so from the below.

At a glance 🔎
  • A merchandise store has been launched for the Axie Infinity game.

  • Holders of a select 4877 NFTs will be able to use their items commercially.

  • Merchandise can be bought in both Crypto and Fiat with rewards given to those who pay in Cryptocurrency.

🕵️ Scoops take: 

You’d think 4877 represents a decent size of a collection, but not in Axie Infinity’s case where there are over 11.9m NFTS so the commercial rights will cover 0.04% of the collection.

That being said, there could be a wider rollout, so fingers crossed on that front.

The success of commercial rights for users, especially user-generated content, can be seen in many of the top projects including Pudgy Penguins and BAYC so this could open a totally new revenue stream for holders and the project itself.

Get creating.

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🌐 WEB3

At a glance 🔎
  • MicroStrategy's stock hits its highest point in nearly two years, closing above $500, driven by the success of its significant Bitcoin holdings.

  • The company's strategy of holding Bitcoin as a hedge against inflation has paid off, with its stock price doubling within a month and a substantial increase in its Bitcoin holdings.

  • Despite occasional losses in quarterly reports, MicroStrategy continues to buy Bitcoin and now holds approximately 0.75% of the total circulating supply, making it one of the largest institutional holders of the cryptocurrency.

🕵️ Scoops take:

MicroStrategy's stock surge is like hitting the jackpot in a crypto casino. Their early bets on Bitcoin even through quarterly losses are paying off big time, even outperforming the cryptocurrency itself. It's a clear signal that traditional businesses are getting in on the crypto game, and as Bitcoin demand grows, these companies are riding the wave. It shows how companies holding cryptocurrencies can outperform the assets themselves. It's a lesson in resilience and a reminder of the evolving nature of the financial landscape.

At a glance 🔎
  • Privy, a startup focused on helping companies develop blockchain-based tools, raises $18 million in a Series A funding round led by Paradigm.

  • Existing investors Sequoia Capital, Blue Yard, and Archetype, along with several prominent angel investors, also participated in the funding round.

  • Privy plans to utilize the funding to expand its team and enhance its library for developers building on-chain applications, aiming to make crypto experiences more accessible to mainstream users.

🕵️ Scoops take:

Privy's $18 million funding round, led by Paradigm, is like adding rocket fuel to the web3 engine. Clearly a growing appetite for blockchain-based tools beyond crypto enthusiasts. As Privy aims to make crypto experiences as user-friendly as your favorite app, it's a step closer to bringing the benefits of web3 to the masses. The era of "good crypto apps" is here, where blockchain seamlessly integrates into our everyday digital lives and we’re absolutely here for it 💪

At a glance 🔎
  • Puma's Web3 initiatives, in collaboration with Roc Nation and Legitimate, successfully merged physical and digital experiences, resulting in the sale of over 16,000 blockchain-connected sneakers.

  • The campaign featured shoe versions inspired by mixtape formats and embedded unreleased music from Roc Nation, attracting a tech-savvy, culturally aware audience.

  • 🕵️ Scoops take:

Puma's blockchain-powered sneaker success is like blending old-school mixtapes with the digital age - it's a smart remix of nostalgia and innovation. This proves that Web3 isn't just for tech geeks; it's about bringing unique experiences to everyday consumers. Authenticity is the key, and Puma's hit a high note by marrying culture with tech-savviness. Right on 😎

🪙 CRYPTO CRUNCH

  • Crypto Total Market Cap $1.4T - 24/hour change +0.21%

  • Crypto Market Volume 24 hours $45.84 -10.29%

    • The market is still pretty greedy, and on top exchange-listed tokens have had a nice flurry to the upside the last few weeks, we have also seen on-chain activity pick up this week considerably.

    • A slight market sell-off was observed recently, but BTC and ETH show resilience, bouncing back above 37K and 2K, respectively.

    • ETF news has quieted, with market consensus anticipating a decision in January.

    • In the shorter term time frames, we should still see a push up to the low to mid $40k areas for BTC before a small retrace.

    • Buying the dip remains a favorable strategy according to the prevailing market sentiment.

    Crypto narratives to focus on this Fall

  • - AI Infrastructure / AI tokens.

  • - New Layer 1’s

  • - Social-Fi / Gambefi

  • - Telegram trading Bot tokens

  • - Privacy Dex’s

  • - Revenue Sharing projects

  • - Liquid Staking derivative projects

  • - Metaverse & gaming tokens

  • - RWA - Real-World Asset tokens

Top Stories

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😡 THE REKT SECTION 😡

Fat Finger BAYC

GeekApe.ETH has owned up to the mistake (we would go into hiding)

To make it worse, the APE represents a great visual of how he must be feeling.

The APE was accidentally listed for 3.73 ETH instead of 30.73 ETH - as admitted by the seller.

It was rapidly snapped up and immediately sold for 27 ETH - a 3 ETH drop on the floor but 24 ETH of immediate profit ($47k excluding gas)

Check, double check and triple-check every single transaction.

🏆 WEEKLY WINNER 🏆

Mad Lads

The project has been riding the Solana wave recently and things have been getting better and better.

Following the news of JITO announcing the latest major Solana token airdrop, the project has had another bounce following this.

Less than 3 weeks ago the floor was sitting at 40 SOL and has only gone in one direction.

Even this time last week you could have picked one up for 77 SOL.

The current floor price sits at 108 ETH ($5857) so you would be in profit around $1500 if you just bought last week.

The Solana bull charges on.

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