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SCOOPS OF THE WEEK 

⛓️ NFT’s

• OpenSea Launches NFT Swaps

• Neopets Abandon NFT Game

👨‍💻 WEB3

• Web3 Funding Challenged By AI

• Doodles Launching Real World Play Experience

• The EU Persists With Web3 & Metaverse Strategy

🪙 CRYPTO

• Memecoin Announces Further $MEME Drop Details

• UK Lawmaker Rejects Plan To Regulate Crypto As Gambling

• Kuwait Bans Crypto Payments, Spending, Investments & Mining

🍦SCOOP PREMIUM IS COMING

Not long now folks.

Premium Scoop coming to an Icecream parlor near you.

Dont worry! Nothing changes for our free readers, but for those who are interested in extra sprinkles & a cherry on top for less than the cost of an ice cream per letter, you can expect scoops of the following additional content

As a reminder as to what you can expect.

• Regular In-depth review of pre-launch projects

• NFT & Crypto Trends Predictions

• Undervalued NFT projects picks.

• Undervalued Crypto ALT coin picks

⛓️ NFT’s

• NFT Total Market Cap $6.15B - 24/hour change -2.95%

• Volume Traded 24/hours - $9.6M +13.36%

• Don’t let the doom and gloom control your narrative, lots of opportunities are there.

• Blur has a firm grip on the volume front but is lagging way behind Opensea on Sales over the last week.

• Machi continues to ramp up his purchases with 879.81 ETH spent in the last 7 days.

• There has been plenty of trait-sniping flips that are proving profitable.

• CryptoPunks are dominating the top sales with 6 of the top 7 sales across all collections coming from them The highest sale was 8531 which went for 550 ETH.

• Azuki is keeping pace with BAYC and CryptoPunks in terms of volume, but we remain bullish.

• The Blue-Chip index took a hit during the week but has shown some signs of recovery. See Below.

  

Significant Upcoming events in NFT land

• CyberKongz has revealed its latest collection Genkai will be minted on the 27th of July.

• Zagabond has announced that he has been meeting with collectors, builders and supporters to prioritize quality over short-term fixes…bullish on Azuki?

• Moonbirds Mythics NFTS begin to reveal and the process is set to last at least 200 days.

Whales Are Scooping up:

• Ether Capsules

• Ether Avatars

• Azuki Elementals

• Azuki

• Azuki Elemental Beans

• Mutant Ape Yacht Club

• HV-MTL

OpenSea Launches NFT Swaps

At a glance 🔎 

• The Marketplace took to Twitter to share the news.

• The new feature allows collectors to trade NFTs directly with each other.

• WETH can be added to any trade to get it over the line.

• The idea behind “Deals” is to make NFT swapping trustworthy, fending off dodgy websites and DMs.

  🕵️ Scoops take:

Once again the investors/customers are the winners.

This is an impressive feature that has been rolled out and it certainly creates that safe space amongst all the dangers of scamming.

What we like about this the most is that newbies to the space have the ability to build and trade away in comfort.

Blur may be taking the top spots but it is currently OpenSea that is enhancing the user experience.

Neopets Abandons NFT Game

At a glance 🔎

• They raised $4m in funding but they have decided to abandon NFTs.

• Instead, they will be making a game that can “better reflect our values and vision”

• They have said they will continue to support NFTs and Web3 but have faced the backlash of being called a rug due to promises not being fulfilled with no refunds.

  🕵️ Scoops take:

We have to say, this is extremely disappointing.

The franchise had all the components to make a strong statement in the gaming world.

With over 9000 NFTs sold across multiple collections as well as millions in funding, it is no wonder the community is so disappointed to see the initial plans completely torn up.

We get that the franchise is under completely new leadership, but the foundations of it were built from the community which it now clearly doesn’t want to represent.

It will take a lot of convincing to get some of the loyal members back onside.

TWEET OF THE WEEK

If there is one thing to learn…do not fade Yuga Labs.

They have shared the latest update regarding the HV-MTL collection

Find out below what’s coming next.

🌐 WEB3

Web3 Funding Challenged By AI

At a glance 🔎

• Funding for Web3 startups dropped 76% in Q2 this year compared to Q2 last year, with total investments of just over $1.8 billion.

• Q2 this year saw only three funding rounds exceeding $100 million, compared to 15 such rounds in Q2 last year.

• Despite a decline in venture capital for Web3, cryptocurrency prices like Bitcoin and Ether held strong.

🕵️ Scoops take:

The downturn in Web3 startup funding marks a strategic pause, not an endpoint. This recalibration of the VC landscape allows for scrutiny of business models and use-cases, enhancing the sustainability of the ecosystem. Amid fluctuations, builders in the Web3 space continue to lay the infrastructure for future innovation, meaning the current scenario may serve more as a necessary reality check, nurturing the evolution of Web3 from a wild-west frontier into a mature, resilient and user-focused sector.

Doodles Launching Real World Play Experience

At a glance 🔎

• The NFT project Doodles, backed by Pharrell Williams, is launching an immersive experience for kids and families in partnership with "shop-and-play" retailer Camp, in Chicago.

• Activities at the 3,500-square-foot pop-up will be based on Doodles' pastel-hued Ethereum NFTs, including games, crafts, and exploration of areas inspired by the project’s cartoonish aesthetic. Exclusive experiences will also be offered to original Doodles NFT holders.

• Marking Doodles' further foray into real-world experiences, comes after brand pop-ups at SXSW and Art Basel Miami, and the acquisition of animation studio Golden Wolf. The experience is also expected to extend to other Camp locations after Chicago.

🕵️ Scoops take:

Meaningful real-world experiences have been on Doodle’s roadmap for a long time and we’re starting to see the fruition of this with their latest initiative. By integrating into interactive activities for kids, it pioneers a unique approach to bring blockchain-based entities to the next generation which is a smart move, however, the question remains whether people will genuinely care? If you don’t own a Doodle, what incentive really is there to emotionally invest? We’ll be keeping a close eye on the outcome of this and let’s not forget that with Pharrell at the wheel from a brand perspective, it would be foolish to write off just yet… 👀

The EU Persists With Web3 & Metaverse Strategy

At a glance 🔎

• The European Union is formulating strategies to pioneer in the metaverse, AI, and crypto sectors, underlining interoperability and user-centricity.

• The EU's vision of Web4 involves a fusion of the digital and physical worlds, leveraging AI, blockchain, and Internet of Things.

• The EU aims to avoid big tech domination in virtual worlds by promoting the use of open technologies.

🕵️ Scoops take:

The EU are trying to take a proactive stance on Web3 technologies and that’s positive on the whole. Their capability to actually deliver anything meaningful remains to be seen… With its supposed focus on interoperability, user-centricity, and a commitment to preclude Big Tech dominance, the EU appears to be aiming for a more democratized, accessible, and connected digital future.

Whilst their ideas about “Web4.0 have left many baffled, we’ll wait out and see where they go with this one…

🪙 CRYPTO CRUNCH

Interested in learning to trade? Click below to join our affiliated Crypto & Forex trading Discord group - The Take Prophet Collective

• Crypto Total Market Cap $1.2T - 24/hour change -1.20%

• Volume Traded 24/hours - $37.53B +24.89%

• Bitcoin reached a high of $30.4k over the last 24 hours but has since retraced to $29.7k

• Soaring past the $32k range is proving hard to get through and we feel this is the point of a major breakthrough.

• Resistance seems to be at the high end of $28k so as long as BTC remains above there, we should hopefully see more highs than we have recently.

• BTC has been steady though over the last month if you look at the wider picture—highs of $31,404 and a low of $29,681.

• Dow Jones, S&P 500 and Nasdaq have all had decent gains over the last few days with Crypto lagging just behind.

• The next major Key level remains $32K, should we pass that, then you can expect onwards to $35K.

  Crypto narratives to focus on this summer

• - AI Tokens

• - Decentralised Exchange Tokens

• - Liquid Staking derivatives projects

• - Metaverse & gaming tokens

• - RWA - Real-world Asset tokens

• - Cross Chain Projects

• - ‘Real Yield’ Bearing tokens/projects

  Top stories

• Memecoin announces further $MEME drop details.

• UK Lawmaker Rejects Plan to Regulate Crypto As Gambling

• Kuwait Bans Crypto Payments, Spending and Mining.

😡 THE REKT SECTION 😡

Anubis DAO

Another top draw piece of investigative work from digital sleuth @ZachXBT

A whole load of shady business going down in the Anubis DAO rug pull that has cast a dark shadow on the space in recent weeks.

Check out the full analysis in 🧵

🏆 WEEKLY WINNER 🏆

Opepen001

A cool 10.69 eth profit in just 2 weeks? Yes please 😎

That’s just the W flip we saw with Opepen001 this week.

As @shittyshitcoins pointed out on Twitter - that’s a whole year salary in some countries 🤯

Whether or not this was a shrude purchase for the buy-side - only time will tell…

And that's a wrap for today gang!

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

~ Scoop~

*Disclaimer*

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