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SCOOPS OF THE WEEK 

⛓️ NFT’s

• Flash Movie NFT

• NFT Enhanced Sneakers

• $1.2m Sale

👨‍💻 WEB3

• Bank of America’s 200,000 Strong Metaverse Bootcamp

• Major Flaw In Brazil’s CBDC Pilot Scheme

• Private Banking NFT Loyalty Perks With LeClu3

🪙 CRYPTO

• Crypto Employees surge 100% since 2019

• $741M has entered crypto funds in the last 4 weeks

• FSB finalizes positive regulation for crypto investors

• Crypto Miners are switching to AI

🔦 PROJECT SPOTLIGHT

Get yourself an Opepen NFT for just $2

If you are wondering why Opepen has railed in price & you are seeing it all over your Twitter timelines, then read on.

It all started when Twitter User ‘BoredElonMusk’ offered content creator ‘NotThreadGuy’ an ‘Opepen 001’ NFT. worth a cool $40,000, But it came with a catch. The catch was that ‘NotThreadGuy’ had to wear the ‘Opepen 001’ for 3 months, sounds like easy money right?

So why would ‘BoredElonMusk’ make such an offer? Well, he just so happens to be the biggest whale in the sea of Opepen holders, owning a whopping 725 from the collection, so the idea was that this would help spread awareness & bolster the price of his digital art collection.

But like all things in Web3, there is a twist in the tail & often the most entertaining outcome is the most likely.

You'd think ‘NotThreadGuy’ would jump at the chance right? Well, after much deliberation he turned down the offer, leaving a cool $40,000 on the table.

Instead of accepting the original ‘Opepen 001’ he changed his profile picture to a one-of-a-kind Thread Guy-themed Opepen based on the colors of his iconic ‘Mutant Ape’ which was created by the legendary Jack Butcher, the artist behind Opepen.

Jack Butcher decided to launch an open edition mint and sell copies of the NFT called ‘Opepen Threadition’ for a mere $2 with the proceeds going to ‘NotThreadGuy’ for his contribution to the Web3 space.

Shortly after the mint opened, over 27,000 of these NFTs were minted putting a whopping $54,000 in Thread Guy's pocket.

Day in and day out, Thread Guy pours his heart and soul into enriching our ecosystem. So it’s no surprise that the community rallied behind him.

Opepen has now taken over the Web3 Twitter timeline. Even Beeple, has dedicated an entire day to capturing this extraordinary moment.

We will take a gamble and wager that Thread Guy will rake in over $100,000 from this open edition mint.

Opensea, Rarible & other large accounts are now sporting Opepen’s as their PFPs on Twitter & numerous members of NFT Twitter are offering to make custom Opepen’s derivatives for the community based on their profile pictures and color schemes.

Naturally, the derivatives will hold less value if any, but it has caused the original Opepen’s to Skyrocket in price.

Reminds us of the Bored Ape derivative days. We have to say, we do love Opepen’s, they fit both PFP & Gen Art categories perfectly, on top of that they now have ‘For the culture’ Vibez attached to them. For us, it’s clear this collection has a bright future ahead.

If you wish to mint one of the Opepen’ Threadition yourself, you can do so below for just $2.

⛓️ NFT’s

• NFT Total Market Cap $6.42B - 24/hour change +4.75%

• Volume Traded 24/hours - $14.4M +44.91%

• Opepen is a clear winner this week rallying 62% in floor price, having made a storm across Crypto Twitter and gathering attention from Beeple.

• Other Notable weekly gainers are 10KTF & 10KTF GUCCI grails both rallying over 100%, You the Real MVP up 25%, Captainz up 25%, Potatoz up 17% and Milady Maker up 16%

• Generative Art & Projects with strong communities continue to hold strong floors and attract buyers.

🍦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

⛓️ NFTs

Flash Movie NFT

At a glance 🔎 

• Warner Bros has announced the movie will be available to be purchased via NFT on the 18th of July

• The NFT will be sold on Eluvio where both Cryptocurrency and Credit Cards can be used

• The purchase includes the film in 4K Ultra HD, access to special features, collect artwork and unlock AR experiences

• The “mystery edition” will cost $35 and is limited to 10,000 copies. The “premium edition” will cost $100 and is limited to 2000 copies.

  🕵️ Scoops take:

This is a first of its kind where a newly released film will be available to be purchased on the Blockchain.

The two previous films launched on the Blockchain were The Lord Of The Rings and the 1978 Superman, both have huge global fanbases.

The really positive step about this move is that the movie sector and NFTs are already accelerating as the film has just left the movie theatre and a digital asset is already available.

We can expect more of this from the entertainment industry moving forward.

NFT Enhanced Sneakers

At a glance 🔎

• Roc Nation has teamed up with Puma Kicks to launch the NFT Enhanced Sneaker.

• The collaboration is to mark the 50th anniversary of Hip-Hop music.

• Each sneaker is paired with exclusive digital content, including new music.

• A unique Blockchain-backed tag will be hidden underneath the tongue of the shoe which can be scanned with a smartphone to unlock exclusive digital content.

  🕵️ Scoops take:

What we love about this is that there are 2 gigantic sectors being brought together, the music industry and the sneaker industry.

The fact that you are getting IRL utility, as well as digital utility, sets up a future that we can get used to. The hard part for Web2 companies making the jump is finding that perfect balance.

The more and more we see this kind of collaboration, the more the space will naturally be onboarding the masses.

Having someone like Jay Z (the owner of Roc Nation) getting more involved in the space will also create a new dynamic.

$1.2m Sale

At a glance 🔎 

• Bored Ape Yacht Club item 1734 has been sold for 600 ETH ($1.2m)

• This is the highest recorded sale over the last 30 days

• There have been some concerns over the sale labeling it as a wash-trade.

  🕵️ Scoops take:

When the project has been receiving quite a lot of heat and a consistent downturn in stats, the best thing that could have happened is a sale of this magnitude which creates the sentiment of potential newfound optimism.

It is no secret the project has been going through a bit of turmoil with the floor hitting its lowest point in almost 2 years dropping to 30 ETH.

Things may now be looking on the up though as the last 7 days have shown an 8% rise in terms of the floor price which (at the time of writing) is sitting at 35 ETH.

There is still a long way to go to navigate the volume decline of 91% and sales decline of 92% but the last week does indicate things may be on the up.

The time has likely passed for your cheapest entry into the BAYC market but there still remain some pretty attractive entry prices.

TWEET OF THE WEEK

🌐 WEB3

Bank of America’s 200,000 Strong Metaverse Bootcamp

At a glance 🔎

• Bank of America has utilized AI, the metaverse, and virtual reality technologies to overhaul its employee onboarding process, offering immersive training experiences to over 200,000 employees.

• This innovative approach allows staff to gain hands-on experience and a deep understanding of their job responsibilities, covering scenarios like handling difficult customer interactions and managing stressful situations.

• The bank is not alone in using these cutting-edge technologies for training, indicating a growing trend of organizations recognising the value of interactive, immersive learning experiences.

🕵️ Scoops take:

Bank of America's embrace of AI, VR, and the metaverse for employee training marks a significant stride for digital transformation within the traditional banking sector. It underscores the immense potential of these technologies, far beyond their familiar domains of gaming or entertainment. This approach not only reinvents the onboarding experience but also better prepares employees for complex, real-world scenarios, fostering a more competent and confident workforce. Such implementation could become a benchmark for other traditional institutions, underscoring the need to pivot towards digitalization and capitalize on web3 technologies for enhanced operational efficiency and personnel development.

Major Flaw In Brazils CBDC Pilot Scheme

• Blockchain developer Pedro Magalhães claims to have reverse-engineered the source code of Brazil's central bank digital currency (CBDC) pilot and found functions that allow a central authority to freeze or decrease balances in accounts.

• The pilot project's source code was posted on GitHub by Brazil’s central bank, and the bank maintains that the project is intended for use only in a test environment and may undergo additional changes.

• While the findings raise concerns about financial freedom and privacy, Magalhães argues that such functions could have benefits such as enhancing traceability for taxes and strengthening transparency for state purchases.

🕵️ Scoops take:

Some majority concerning news here… It's crucial to navigate the fine line between central control and public interest. This development opens up intriguing discussions about DeFi's blend with traditional banking and the resulting transformation. If implemented with the right checks, such a feature could boost accountability in state transactions and curb corruption, turning a potential concern into an innovation that promotes fiscal transparency. However, it's imperative that these controls are used responsibly and subject to public scrutiny to prevent potential misuse. Clearly, some work to do….

Private Banking NFT Loyalty Perks With LeClu3

At a glance 🔎

• Indosuez, Crédit Agricole's wealth management branch, has introduced Le Clu3, an NFT-based membership club for its high-end customers. This is the first such initiative in private banking, aiming to establish a robust community of next-generation clients.

• The membership includes a "soulbound" NFT token which offers exclusive access to parts of the Indosuez website and 'money-can't-buy' rewards from undisclosed luxury partner brands. These tokens, minted on the Polygon network, are locked to the owner's wallet and cannot be sold or transferred, ensuring that benefits remain exclusive to bank clients.

• The program targets tech-savvy offspring of wealthy families and newly-minted crypto entrepreneurs. Indosuez automates wallet setup for users to ensure seamless onboarding, with additional soulbound tokens set to be issued for future events under Le Clu3’s program.

  🕵️ Scoops take:

  Indosuez's launch of Le Clu3, an NFT-based membership club, showcases a groundbreaking fusion of traditional banking and Web3, opening up a fresh domain for customer loyalty programs. This new venture establishes a blueprint for other financial institutions to enrich their services and engage tech-savvy, next-gen clientele. With soulbound tokens safeguarding exclusivity and luxury brand partnerships offering unique perks, Le Clu3 is set to redefine private banking. Moreover, it underscores the growing relevance of NFTs and blockchain beyond speculative trading, pointing to their potential in shaping personalised, high-value customer experiences, thereby solidifying the integral role of Web3 in the future of finance.

🪙 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 -1.13%

• Volume Traded 24/hours - $36.41B +40%

• Bitcoin is back hovering just over $30K, have slipped down to the high $29’s last night.

• The pullback to $28K region that analysts are looking for may be coming.

• It is tight though we are in a constant battle between the bulls and bears.

• The plan remains the same, wick down to the $28K region and then rally higher past $32K on onwards, where we can expect ALTS do to some crazy numbers.

• At the moment $40K seems like the top target for this year, ahead of the coming halving year in 2024.

  Crypto narratives to focus on this summer

• - AI Tokens

• - Privacy 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

• Crypto Employees surge 100% since 2019

• $741M has entered crypto funds in the last 4 weeks

• FSB finalizes positive regulation for crypto investors

• Crypto Miners are switching to AI

😡 THE REKT SECTION 😡

Loan Defaulting

If you enter the NFT Loan market, you need to ensure that you have the facilities to clear it otherwise you could end up with the same disastrous situation as this investor.

The investor in question took out a $22,000 loan on one of the rarest Pudgy Penguins last month.

Unfortunately for them, they failed to repay it on time and the lender was able to take it and trade it for $60,000 worth of assets which included 5 rare Pudgy Penguins and a handful of Lil Pudgies.

We hate to see borrowers lose out in situations such as this so make sure you do everything to clear your loans on time.

🏆 WEEKLY WINNER 🏆

Azuki Elementals Rarity Trading

One thing that we have come to notice is that despite the devastating impact the Elementals launch has had on the Azuki ecosystem, rarity trading is proving to be a real winner within the collection.

Over the weekend, item 8719 was sold for 24.69 ETH.

The same NFT was purchased for 15 ETH just 17 days prior, showing a profit of 9.69 ETH ($18,450)

What this goes to show is that despite all the FUD a project may receive, brilliant profit opportunities will present themselves to the eagle-eyed.

Best get studying those rare traits.

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.