GM Scoop Family. Yes, we have rebranded and we would like to introduce you to someone. Say GM to 'The Scoop' of The NFT Scoop.

'The Scoop' is a retired NFT degen, this is due to the fact he minted multiple Punks & Bored Apes and now lives carefree off the royalties, sippin' Pina Coladas on the beaches of Bali sporting his famous Thug Life glasses watching the web3 universe unfold.

One day we look forward to joining him.... Fortunately for you, he is here to ensure you guys get delivered the latest stories, hottest trends & NFT projects so you've always got the inside Scoop.

We wanted to give The NFT Scoop a make-over, not just because our last logo was designed by ourselves on Canva 🤣, but we wanted to bring our brand & media platform in line with the web3 world & use a news platform that can deliver more rewards & value to you! (More to come later on this)... Just wait! 

The NFT Scoop was started just 9 months ago by a group of friends who had a passion for crypto, & then fell in love with NFTs. Since then we have come a long way. Fast forward to today, we now have multiple partnerships, a Podcast, a YouTube channel, Discord, Twitter & of course thousands of amazing readers! 

Our mission is to educate the world on NFTs. One Scoop at a time! If you love our newsletter, we salute you, but to get the most out of us, you may as well bleed us dry. You can get the latest insights & news across all of our channels! - See below:

Tired of reading. The Scoops got you. Watch The NFT Scoop & Subscribe to our new YouTube Channel. 

On the go? No worries. Get the sweet taste of NFT Scoop right to your ears with The NFT Scoop Podcast.

In need of a Friend? Hang out with the Scoop Family in our community discord.

Well, that's it for the rebrand. The market is a little tough right now. But the Scoops here & getting tastier than ever! LFG! 

On to the News!

🍦SCOOPS OF THE WEEK

🍦Opensea Announces New Partnership

🍦CryptoPunk sells for $4.5m

🍦All Meta Users Can Use NFT Function

🍦Celsius Update

🍦Star Atlas + Epic Games!

Star Atlas Teams Up with Epic Games Following Huge U-Turn

Solana NFT Game Star Atlas has launched a playable demo on the Epic Games Store.

What is most surprising about this story is Epic Games previous resistance to Web 3 gaming. The company shunned the idea of blockchain-based gaming altogether, but it seems the pressures on developer demand caused this U-Turn…hugely bullish in the long run for Web 3 gaming.

The Epic Games store is a common place for the pc gamer with over 194 million users claimed by the end of 2021.

Star Atlas if you haven’t heard of it is an NFT & Blockchain game that is on the Solana Blockchain and boy are they ambitious.

It’s worth noting that it may still be a little while before the game takes full shape however a live-streamed demo is set to take place. Access is currently limited to those who own the Star Atlas NFTs and the basis of the demo (what we know so far) is that holders can earn an access key by owning a ship and joining one of the game’s factions.

This is just the beginning, plans are already in place for updates to include multiplayer capabilities, chat functions, and the ability to take the above ship out for a flight.

We covered a section recently on how we are Bullish on Solana as a whole. Along with Music, entertainment, etc. (you know the list already) Gaming is a massive market that can be taken to the next level in Web 3.

Opensea Announces New Partnership

Feels good to be writing about Opensea without any negativity attached.

The largest peer-to-peer marketplace for NFTs has announced a partnership with Warner Music Group.

The partnership aims to provide a platform for select Warner Music Group artists to build and extend their fan communities in Web3.

As part of the partnership, artists would also get early access to new Opensea drops, as well as improved discoverability, personalized storytelling on customized landing pages, and safety and security features.

We don’t want to sound like a broken record, but the ability for the music industry to boom in Web3 is there to be taken advantage of.

CryptoPunk sells for $4.5m

Yes, you read that right…not 4.5ETH but $4.5m, which in ETH, is 3300.

DJ Seedphrase was the seller and for those not familiar with him, he was an early Bitcoin investor and a present individual within the space.

We do not have too many details on the buyer just yet, all we know for now is that he resides in Texas and had a spare $4.5m kicking about…what bear market?

Now for the asset - CryptoPunk 2924 is an extremely rare item which is of course in Punk form but in the shape of a hooded ape. The rarity of an ape itself, never mind hooded is extremely rare, 0.24% of the collection to be precise.

Remarkably, following this sale, it took Punk’s total volume to over 1m ETH, and for comparison, Bored Ape’s total volume currently sits at 668k ETH.

As always in this space when there is a winner, there is always a loser and, in this case, the loser comes in the form of a previous owner who sold the same Punk for $1400.

At least he saw the funny side of missing out on over $4.49m

All Meta Users Can Use NFT Function

We’ve said it before, and we will say it again, Meta doesn’t just make moves on a whim; they are betting big on the future of NFTs.

Let us take you back to May 2022, Meta States “Starting this week on Instagram, we’re testing digital collectibles with select US creators and collectors to share NFTs that they have created or bought.”

The testing has continued and so has the roll-out, in North America anyway.

The latest update arrived on the 29th of September, and it was a very positive move:

“We’re announcing everyone on Facebook and Instagram in the US can now connect their wallets and share their digital collectibles. This includes the ability for people to cross-post digital collectibles that they own across both Facebook and Instagram. Additionally, everyone in the 100 countries where digital collectibles are available on Instagram can now access the feature”

Load up the Profile Pictures and let your Grannies living 500 miles away see your Ape!

Retirement Investments Can Now Invest in Bitcoin & Crypto

They’ve been in the news, they’ve been in REKT, and here they are again in the news.

In case you weren’t following the story, Celsius filed for bankruptcy due to an estimated debt of $4.7 billion owed to more than 100,000 creditors.

The latest update broke on the 29th of September and the news is that Celsius are wanting to sell off its stablecoin holdings to pay for ongoing operations.

This potential sale is scheduled for a hearing on October 6th in New York. However, Texas state agencies are raising an objection to this plan.

Celsius is still plodding away in the mess.

😡THE REKT SECTION 

We have all experienced floor dumping and making a small loss, it’s an experiential learning game after all.

However, some losses are just too big to not be commented on...Jake Paul, welcome to REKT

Paul spent a plush $623k (188 ETH) on a 0N1 Force last year.

The item was K4M-1 #03

In what can only be described as a loss of epic proportions the same NFT today is worth…$10 (we won’t even bother trying to convert this into ETH but would be in the region of 0.00 something)

Our hearts don’t bleed too much for him, but it just goes to show even those with vast amounts of liquid can lose it just as easily.

🤡 WHOEVER CONTROLS THE MEME CONTROLS THE UNIVERSE 

Disclaimer

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

NFT’s can be highly illiquid markets, causing sharp drops in prices due to changes in narratives and trends.