Rise and shine, Scoop squad! We've got a whole new world of tasty treats for you to explore today 🍦  Without further ado, let's crack open the tub 😎

🗞️ SCOOPS OF THE WEEK 🗞️

⛓️ NFT’s

• Blur’s Lending Facility For NFTs

• Adidas & Pharrell Release Digital Clothing For Doodles

• Sotheby’s Launches Secondary NFT Marketplace

👨‍💻 WEB3 

• Web3 Shark Tank Coming Soon!

• Hong Kong Pushes Closer To Becoming Worlds Web3 Hub

• Mastercard Cracking Down On Web3 Fraud

🪙 CRYPTO

• $PEPE breaks Into The Top 100

• UK Tax Advisors Welcome Proposed Changes To Defi

• Hackers Are Selling Verified Accounts For As Low As $30

• Bybit Now Offering Crypto Lending Services

⛓️ NFT’s

• NFT Total Market Cap - $7.82B - 24/hour change -1.85%

• Volume Traded Prev 24/hours - $38.4M +121.63%

• We have witnessed an explosion in volume across NFTs the past few days.

• NFTs on finance?!? The launch of Blur's 'Blend' will now allow for Degens across the globe to get finance for NFTs. We expect this to cause some floor price pumps to the collections that get added.

🔦 PROJECT SPOTLIGHT

This week's newsletter is brought to you by our partner Everbloom.

We love this project & it's refreshing to see Everbloom deliver an innovative product & something truly unique to Web3.

Having bossed their debut launch, the team is back at us with another anticipated drop!

But first...

As a refresher? What is Everbloom

Everbloom is a new platform that lets you invest in YouTubers and share a portion of their future earnings, on top of that, users can also unlock exclusive creator perks and contribute to future projects.

Why YouTube Creators

The Creator Economy is reaching escape velocity, a trend that will only accelerate with AI. Goldman Sachs Research estimates that the creator economy will double to $480B by 2027 with YouTube leading the charge. 1 in 3 US children wants to become professional YouTubers, and the platform paid $17B to its creators last year.

Everbloom allows anyone to participate in the creator economy paradigm shift, without needing to create content themselves. Who knew that supporting creators could be a new and exciting way to diversify a portfolio?

Introducing Kavos

Following a series of successful past launches, Everbloom's latest creator investment is Kavos. A true YouTube OG, Kavos' blunt and engaging commentary on YouTube news and drama has earned him over 1.26 million engaged subscribers and 233 million total views. 

With support and funding, Kavos aims to take his content to the next level, expanding his legacy as one of the most captivating, polarizing commentators on the platform.

As a reader of Triple Scoop, you can get in early.

As with Everbloom's previous launches, this one is also expected to sell fast. Exclusively for the Triple Scoop community, Everbloom will grant Early Access to anyone who comes to their discord. Just say “The Triple Scoop” in the chat.

Blur’s Lending Facility For NFTs

This meme is literally playing out in front of our eyes. Mortgages for NFTs? 

Is this about to change everything for our beloved JPEGs?

At a glance 🔎 

• The marketplace will allow collectors to put up collateral for future NFT purchases.

• The aim is to allow investors to enter markets they were previously priced out from.

• Users can put down a % of the NFT cost and finance the remaining balance

• So far you can use Blend for Azuki, Milady & Punks.

🕵️ Scoops take:

If you can get finance for a house, car, or even a watch there is no reason we shouldn't be able to do the same for high-value NFTs. This is going to fuel some pure degeneracy. One side of us feels that this further legitimizes the NFT asset class; the other side thinks of the Big Short in the 2008 banking crisis. Time will tell how this one will play out. One thing is for sure though, the collections that have been added to Blend are seeing some serious pumps in Floor price.

You can check out the full Twitter thread here.

Adidas & Pharrell Release Digital Clothing For Doodles 

At a glance 🔎 

• The launch of Doodles 2 Character Builder allows the PFP NFTs to be fully customizable avatars.

• Alongside the Character Builder, an airdrop will be launching called “Pharrell Pack” which includes digital apparel from brands Pharrell associates with.

• The 300 available packs will be free to Doodles holders who meet certain criteria.

🕵️ Scoops take:

The days of having just a PFP are well over. Projects have to come up with continuous ways to keep the community engaged as well as offer utility that will attract new users. Pharrell seems to be making his moves well after becoming the Chief Brand Officer for Doodles last year. The floor currently sits at 2.8 ETH so will need more utility offered to get that price to previous levels.

Sotheby’s Launches Secondary NFT Marketplace

At a glance 🔎

• The auction house will be putting Artists first by having enforced royalties.

• The marketplace will be a peer-to-peer secondary marketplace. 

• The sales system will be fully on-chain via Ethereum and Polygon networks.

🕵️ Scoops take:

For an institution as historical as Sotheby’s it’s amazing to see their ever-developing involvement within the space. This latest move has been well received, especially by the artists that will be involved in the Sotheby’s ecosystem as they feel their rights and work will be protected and fairly rewarded. We are fans of the enforced royalties as it allows investors to show gratitude for their hard work in the creation of the product.

🧵 THREAD OF THE WEEK 

Mani NFTz brings us a breakdown of Blur's Blend like we are 5 years old. Thanks Mani! We need it. 

🌐 WEB3

Web3 Shark Tank Coming Soon!

At a glance 🔎

• CoinMarketCap to launch new TV Show 'Killer Whale'

• The show uses the Shark Tank framework to allow entrepreneurs to pitch for investment in their Web3 products & projects.

• Launching is partnership with Web3 entertainment company HelloLabs, the show aims to 'Open the door to the next billion users to Web3'

🕵️ Scoops take:

This really is some next-level programming - here at Scoop HQ we're already setting up the home movie theatre... The show is likely to launch a whole new wave of interest in the space, allowing innovative ideas to gain the spotlight and, ultimately, transforming the way we think about investments and the future of finance. For mainstream TV, founders are going to have to be able to break down the core concepts of their projects in super simple, understandable terms, which is just what's needed to break down the mental barrier to entry for many people.  Whether Kevin O'Leary's involved after his FTX embroilment is yet to be seen 😂

Hong Kong Pushes Closer To Becoming Worlds Web3 Hub

At a glance 🔎

• Hong Kong benefits from China's strict crypto regulations, attracting businesses and investors.

• Prominent crypto firms like Amber Group, AAX, and Babel Finance have joined the city's startup ecosystem.

• Despite tensions, Hong Kong's strategic position makes it a key player in the Eastern crypto market.

🕵️ Scoops take:

As China continues to tighten the noose on crypto, Hong Kong emerges as the phoenix rising from the ashes, strategically positioning itself as the Eastern Web3 hotspot. It's a classic case of one door closing and another opening; as mainland China shuts out crypto businesses, Hong Kong's startup ecosystem is buzzing with innovators. While tensions between the two regions are undeniable, it's fascinating to see Hong Kong capitalising on its unique position to not only survive but thrive in the crypto landscape. The city's determination to harness the power of blockchain and digital assets is a testament to its resilience and forward-thinking approach, and we can't help but be excited for the innovation it's bound to unleash

Mastercard Cracking Down On Web3 Fraud

At a glance 🔎

• Mastercard has launched a new Web3 solution aimed at enhancing user verification standards and “reducing the opportunities for bad actors” in the digital asset space.

• The solution dubbed the “Mastercard Crypto Credential” allows users to verify that the address they are interacting with has in fact been vetted by mastercard as secure.

• End goal here to "reduce the opportunities for bad actors and the risk of funds being lost for good" according to Mastercard.

🕵️ Scoops take:

As much as we love the decentralized world, there's no denying that it can be a breeding ground for shady cats. Mastercard's initiative could be the magic bullet needed to strike a balance between anonymity and trust. Think of it as the bouncer at the entrance of the crypto party – one who ensures that only well-behaved guests are let in while preserving the carefree vibe inside. It's a perfect example of a traditional finance giant stepping up to support the blockchain ecosystem without compromising its core values. 

🪙 CRYPTO CRUNCH

• Global Cryptocurrency $1.16T Trillion - 24/hour change -1.34%

• Volume Traded 24/hours - $34.76 Billion -14.30%

• All eyes are on the FOMC meeting this week. The Feds determination on monetary policy acts a ceasers thumbs to Bitcoin. If we see a raise in interest rates which is to expected this could cause Bitcoin to drop in price.

• Should bitcoin lose the support of $27,000 level, its likely we will head to the downside of $25K.

• This will cause ALTS to bleed out.

• This is short term price action and overall the market is still bullish even is $BTC touches lows of $23K.

• On the flip side if Bitcoin can push past the resistance of $31K then $32-$34K is the next level to aim for.

• MEME Coins are in full swing. $PEPE eclipsed $500M marketcap over the weekend. How high will it go?

• At this stage there is no telling, we could see another 10X from here. But this doesn't come without its risks and it will not be up only from here.

• Expect major volatlity and price swings when playing with MEME coins.

Top Stories

• MEME coin $PEPE enters the top 100 crypto currency rankings

• UK Tax Advisors welcome prosposed changes to Defi lending.

• Hackers are selling Verified crypto accounts for as low $30

• Bybit now offering crypto lending services

😡 THE REKT SECTION 😡

Every now and then the bag is fumbled and life-changing sums are lost.

Unfortunately, the knock-on effect can be disastrous and you are unsure when the next opportunity will present itself.

An anonymous investor revealed that he sold his $PEPE holdings for $16,000 as he did not envisage any more positive movement in the price.

How wrong he was as since the holdings were sold the price has rocketed 303%.

Had he held on and not sold, the investment would be worth $433,000 today.

Ouch.

🏆 WEEKLY WINNER 🏆

If you have been in the space for long enough, you will be well aware of the amazing opportunities that have presented themselves over the last few years.

One that stands out was shared over the weekend by BAYC OG Balou.

He shared that he paid only $235 for his BAYC (minted) and to return the favour, the NFT now brings him $132 of $APE every day.

With a current floor price of 47 ETH, the floor has certainly experienced better times, but we don’t think we will see the potential gains from an NFT that Yuga Labs has offered with all their drops and collections for an initial cost of $235.00

It has been a whirlwind for 2 years for the project which is arguably the top dog of the space but to those who minted, they continue to reap the rewards.

Annd 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.