The Goose That Sold For $6.2M

Author

The Triple Scoop
June 16, 2023

The Triple Scoop

GM to 54 new readers who joined yesterday 😎

Let’s get to it.

SCOOPS OF THE WEEK 

⛓️ NFT’s

  • Snoop Dogg Launches NFT Passport

  • The Goose Auctioned

  • Adidas x Fewocious Sneakers

    👨‍💻 WEB3

  • Puma launches 3D Web3 experience

  • Guy Fieri and Sammy Hagar Launch Web3 Tequila Loyalty Program

  • VC Firm A16z Expands to London to Take Advantage of Friendly Web3 Regulation

🪙 CRYPTO

  • Worlds Largest asset Manager files for Bitcoin ETF

  • Binance Shuts operations in the Netherlands

  • Binance Under investigation in France

  • Ripple $XRP partners with Colombia’s Central Bank

PNG. Line Break - Triple Scoop

⛓️ NFT’s

  • NFT Total Market Cap $6.6B - 24/hour change -1.25%

  • Volume Traded 24/hours - $27.3M -16.28%11,271,963.9

  • Woah! Big Push on Sentiment this week. Up 10 Points! Let’s keep it up.

  • This week we have seen some colossal ‘generative art’ NFT sales at the Sotheby’s auction.

  • Pieces have sold for millions of dollars & multiple fetched over $500k

  • As suggested a few issues ago, the increased interest in generative art, plus the goliath Sotheby sales could this spark a trend in generative art?!

  • On reflection, It is important to consider as we look at the NFT market today compared to 6 months ago, it’s full of much higher quality work & projects. It’s clear that whilst still nascent, the NFT industry is showing signs of maturity.

Whales Are Scooping up

🔦 PROJECT SPOTLIGHT

One of our favorite projects is soon to go live. Uppercent’s mission is to unlock the secrets of the world’s Top 1%, delivering actionable & insightful educational courses.

What makes Uppercent Web3? They are the first company to deliver educational high-demand courses as NFT access passes. Once you have digested the content, you can sell it on the secondary market.

The team at Uppercent has only gone & secured one of the fastest growing TikTok’rs in the world ‘Dylan Page’ A.K.A NewsDaddy.

With over 4 Billion Views, the dude now has more followers than the BBC. It’s highly likely you have seen him grace your feed while you are late-night scrolling.

This an amazing achievement & a sign of what the future holds for Uppercent as they aim to onboard the world’s Top 1% and share their invaluable insights with you.

NewsDaddy’s course will be in high demand given his following. You can apply below to register for an access pass whitelist.

Dylan Page

Accelerate your personal growth with Uppercent. Get access to the best quality learning courses – free to apply now, before they're gone!

www.uppercent.com/dylan-page

If you are interested in leveling up your skills then be sure to follow Uppercent’s journey, as chances are, very soon they will launch a course that aligns with your personal goals & ambitions

At a glance 🔎 

  • The “Snoop Dogg Passport” project will allow fans to travel the world with him virtually on his upcoming tour.

  • The NFT holds other utilities including, access to exclusive content, merchandise, ticket sales, and playlists

  • The current cost is 0.025 ETH with an uncapped supply with investors being able to purchase up to 100 passes at a time.

🕵️ Scoops take:

Fancy a Virtual trip with Snoop around the globe? Meh..

Snoop just can’t keep his hands off NFTs. A true visionary or does he just like to make the headlines?

Once again NFTs are being used to enhance fandom in the music industry. Artists can add depth to their connection with their fans, creating more engaging and memorable experiences.

Snoop Dogg has always been a massive influencer from the world of music when it comes to all things NFTs and we are seeing the knock-on effect this has with many other artists now announcing partnerships with Ticketmaster for upcoming concerts or launching albums by way of NFTs to increase the digital sales numbers.

The potential impact NFTs can have on the music industry is massive, soon we won’t be reporting on stories like this, It will become part of the everyday norm.

At a glance 🔎 

  • Ringers #879, known as The Goose, was auctioned as part of Sotheby’s second 3AC Bankruptcy sale.

  • The 3AC co-founders purchased the NFT back in August 2021 for 1800 ETH which was around $5.8m at the time.

  • The NFT was estimated to sell for $2-3m however, it fetched an incredible $6.2m

  • Purchased by @Punk6529

🕵️ Scoops take:

Duck Duck Goose..

Would you pay 6.2M for this?

Something is only worth what someone is willing to pay and in this case, it is a huge win for NFTs. Are we really in the bear market if things like this are going on? Though it’s fair to say history is littered with modern art fetching hefty piles of moolah.

The purchase places this NFT art as the second-highest sale of all time for a work of generative art and the highest-ever sale recorded from the Art Blocks ecosystem.

As expected, the community has been absolutely buzzing with this suggesting this may be a sign of things to come. The tough news is that you can’t take such a unique piece and apply it to the entire state of the NFT market.

That being said, it is absolutely incredible to see an NFT reaching these sorts of valuations in the current market conditions.

Gen art season, cometh.

At a glance 🔎 

  • The partnership will see the launch of Adidas Originals Campus 00s

  • The trainers/sneakers can be purchased via an NFT redemption ticket.

  • 4500 Treefoil Flower NFT mint passes will be available via the OpenSea marketplace on the 22nd of June

🕵️ Scoops take:

Fewocious exploded on the scene in October 2021 when his piece “Mr Understood” sold for $2.8m at Sotheby’s auction house.

The young artist primarily focused his pieces on the struggles he faced in his childhood and growing up so there is an immense amount of passion & emotion in his work.

He has rightly received so much hype around everything he does and this latest partnership will elevate his work further by having widely-available physical merchandise.

The Adidas Original shoe is globally popular so this partnership seems to be a match made in heaven.

PNG. Line Break - Triple Scoop

THREAD OF THE WEEK

Looking for a consolidated Thread of the hottest upcoming BTC Ordinals NFT Projects? Look no further frenzz

🌐 WEB3

At a glance 🔎

  • Puma, the global footwear conglomerate, has ventured into the Web3 space by launching "Puma World", a 3D virtual interactive environment.

  • Users can explore this digital world through a browser-based platform or a VR headset, immersing themselves in Puma's brand and products.

  • The interactive environment allows users to create and customize their avatars, engage in games, and even purchase Puma merchandise in the form of NFTs.

🕵️ Scoops take:

Puma is lacing up its virtual sneakers and leaping into the Web3 realm. The launch of "Puma World" is a smart move, merging brand engagement with the blossoming frontier of digital experiences. It's not just about buying shoes anymore; it's about immersing yourself in the brand universe, collecting Puma-themed NFTs, and exploring an interactive virtual world.

This convergence of retail and virtual reality brings a whole new dimension to brand loyalty and customer engagement. As more companies follow in Puma's footsteps, the boundary between our physical and digital lives will continue to blur, transforming the way we interact with our favorite brands.

At a glance 🔎

  • Celebrity chefs Guy Fieri and Sammy Hagar are launching a Web3 loyalty program for their Santo Tequila brand, aiming to connect more directly with customers.

  • The program is built on the Ethereum network and will distribute ERC-20 tokens to consumers purchasing the tequila, rewarding their loyalty with exclusive content, experiences, and products.

  • By tokenizing brand loyalty, the Santo Tequila program is joining a growing movement of businesses leveraging blockchain technology for innovative customer engagement strategies.

🕵️ Scoops take:

Man Vs Web3?? Fieri and Hagar mixing tequila with Web3? Now, that's a cocktail worth sipping on! This Santo Tequila venture is not just about rewarding loyal customers but also about reshaping how brands interact with their patrons. By utilising Ethereum's ERC-20 tokens, they're turning the concept of a loyalty program on its head, introducing a dash of exclusivity into the mix. With this move, they're not just redefining tequila culture, but also showcasing how Web3 can be a secret ingredient in spicing up traditional business models. Keep your eyes peeled, because this might just be the beginning of a Web3-infused revolution in customer engagement.

At a glance 🔎

  • Venture capital firm Andreessen Horowitz (a16z) is expanding its operations to London, citing the city's friendly Web3 regulations as a major draw.

  • The firm believes the UK's robust regulatory environment supports the growth of Web3 companies and can serve as a launchpad to other European markets.

  • a16z's London expansion comes amid an increasing trend of major tech firms recognizing the potential of Web3 technologies and seeking locations with supportive regulatory environments.

    🕵️ Scoops take:

    a16z's London expansion shows a growing awareness that the regulatory climate can serve as a powerful springboard for Web3 innovation. It's like planting a seed in fertile soil, with the UK's robust guidelines nurturing the potential of budding Web3 companies. This move is more than just a nod to London's regulatory friendliness; it's a confident assertion that Web3's growth hinges on positive relationships with government - Collaboration over conflict!

PNG. Line Break - Triple Scoop

🪙 CRYPTO CRUNCH

  • Crypto Total Market Cap $1.11T - 24/hour change +0.31%

  • Volume Traded 24/hours - $26.04B -21.25%

  • The current market is still range bound and choppy, but we are back to that time in the market, which way will Ceaser’s thumb point? A.K.A where the F*%K are we heading?

  • We are currently sitting right at the point where the current $BTC resistance point could flip to support.

  • The recent news from the Blackrock ETF gave the market a rocket up the A**, is it enough for the bulls to take control?

  • Should we close today at above $25,650 for BTC, it is likely we will see more moves to the upside.

  • Current local bullish targets still eyeing $32K.

Crypto narratives to focus on this summer

PNG. Line Break - Triple Scoop

😡 THE REKT SECTION 😡

CELSIUS NETWORK

It has been a while since this company’s name was featured in our newsletter, January to be precise.

Back then, a huge precedent was handed down that investors’ deposits in the earn accounts belonged to Celsius and not the investors.

Over 600,000 accounts fell under this with roughly $4.2bn worth of assets being owned by the company.

Well, the latest update is that the company is seeking to sell all altcoins converting them into Bitcoin and Ethereum.

With $4.7bn owed to more than 100,00 creditors, every single move is being critically analyzed and the latest decision has not gone down well.

Many creditors have highlighted that announcing this move prior to actioning it can allow other market participants to front-run the sale. Also, there are allegations that there is a clear attempt at market manipulation.

It goes from bad to worse for the creditors of Celsius and we hope the next update will be a bit more of a positive one.

🏆 WEEKLY WINNER 🏆

Look back at our Newsletter of the 6th of June and you will see we shared why this project cannot be ignored.

We are of course talking about DeGods.

It is fairly obvious that the project is A-list status within the NFT/Web3 world but outside exposure may have been the only thing to improve.

Well, to the project’s delight, they have been featured in a piece by Forbes magazine which is arguably the largest financial magazine in the world with over 650,000 magazines in circulation and 19 million followers on Twitter.

This sort of outside exposure will bring delight to the project as they are now being (rightly) recognized across the globe.

You can check out the article here.

And that's a wrap for today gang!

Love and sprinkles as always, catch you back here soon for the latest

~ Scoop~

How did we do?
PNG. Line Break - Triple Scoop

*Disclaimer*

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