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🍦SCOOPS OF THE WEEK

🍦Sewer Passes Are Here

🍦Azuki Announces New Partnership

🍦Rarible Expands to Polygon Collections

🍦New Hardware Wallet is Coming

Sewer Passes Are Here

There was a whiff of panic in the space following BAYC's announcement on the evening of the 17th of January that there was going to be a 24-hour delay to the launching of Sewer Passes, however, this turned out to be short-lived.

Keeping their word in line with the announcement the passes launched on the 18th of January and it has been a complete whirlwind since!

Now let's go back a step for all our new subscribers (welcome aboard)

The Sewer Passes (which are effectively tokens) will be the key to unlocking a skill-based game called Dookey Dash. The passes will be tiered, and each tier will have different points and bonuses.

TLDR

1. Obtain a sewer pass from either mint or on secondary

2. Use it to play the game

3. Keep playing until you score anything greater than 0

4. Keep you pass in the same wallet until Feb 15

5. You will then be eligible for next phase.

6. If you transfer the pass the high score will reset.

7. Scores recorded and associated with wallets.

8. Send the pass back to original wallet, pass will display original score.

The Passes were split into 4 tiers with 1 being the "least" valuable and 4 being the "most" valuable.

To mint a pass, the following requirements are needed for each tier:

Tier 1 - Own a MAYC 

Tier 2 - Own a MAYC and BAKC

Tier 3 - Own a BAYC

Tier 4 - Own a BAYC and BAKC

Claiming your Sewer Pass is available until the 8th of February.

So, onto the mint.

At the time of writing a total of 16,960 passes have been minted and, as predicted, it's been a rip-roaring success with unprecedented levels of volume being reached...who even doubted Yuga?

At the time of writing, the collection has so far done a total of 12674 ETH ($19,644,700) which has been made from sales of all tiers.

Current Floor Prices For Each Tier:

Tier 1 - 2.1 ETH

Tier 2 - 2.7 ETH

Tier 3 - 3.3 ETH

Tier 4 - 6.2 ETH

If any of our subscribers have minted or purchased on secondary, good luck with the Dookey Dash!

Azuki Announces New Partnership

Even the blue-chip projects adopt the phrase "if you are standing still you are going backwards".

It was only one week ago Azuki revealed Hilumia to the world and now this week they have announced an exciting new partnership with Bilibili International to explore Web3 innovations in anime and media content.

In case you have not heard of them, Bilibili are the leading video community amongst the younger generation in China. They had 330m users in Q3 of 2022 1.1bn site visits last month

In terms of immediate changes for the community, Azuki, Beanz and Cheers UP holders will receive an exclusive certified diamond label for verifying their PFP as well as a "Bilibili Cheers" badge.

We have always been bullish on Azuki so it's great to see them maintaining their blue-chip status by continually evolving.

The floor price of the project has massively improved over the last 3 months when it was floating around the 9-10ETH region compared to now where it is comfortably at 15 ETH.

Rarible Expands to Polygon Collections

Polygon is certainly taking the chain world by storm, they are the chosen chain for notable companies/projects such as Starbucks Odyssey, Disney, Instagram, Reddit and soon-to-be Y00ts.

The latest development regarding Polygon is that the marketplace Rarible is expanding its building tool for Polygon-based collections.

What this means is that creators who mint NFTs on Polygon are now able to create their own collection-specific storefronts for free.

Polygon are inadvertently branding themselves as the funnel for Web2 brands to get into Web3 and with all the companies that are using them we remain very bullish on the chain.

New Hardware Wallet is Coming

We are all sick to death of hacks so we are delighted with the emergence of this story.

A new Hardware wallet is coming so self-custody may just get that little bit easier.

The wallet has been created by 1inch and the incredible thing about the wallet is that it has no direct connection to the internet and requires no wired connections.

The company has confirmed that all data will be exchanged using QR codes or, optionally, with NFC.

The wallet has no buttons and the size of it is roughly the same size as a standard bank card featuring a 2.7-inch grayscale touch display. It is fully waterproof and supports wireless charging with a battery life of 2 weeks.

Development of the wallet commenced early last year and is expected to launch in Q4 of this year.

You can join the waiting list here.

🏆SCOOP'S WEEKLY WINNER

Bear or Bull this lot do not care, they succeed every time.

Yuga lets go.

The volume is just shy $20M within 24 hours of the mint, delivering Yuga Labs another $1M from royalties, (Not that they need it at this stage) and the floor is continuing to rise.

Just in case you do not want to scroll back up here are the current floor prices for each tier:

Tier 1 - 2.1 ETH

Tier 2 - 2.7 ETH

Tier 3 - 3.3 ETH

Tier 4 - 6.2 ETH

With over 2 weeks of minting left, the sky is the limit for this latest drop and it's safe to say it's been an incredible success.

Congratulations to Yuga Labs on the launch of Sewer Pass.

THE REKT SECTION 😡

It's been a while but we have unfortunately witnessed a founder of a project empty the contract and rug the community.

A Discord message was shared with the community which stated Murdoc, a co-founder of Punkillaz, emptied the community fund and disappeared.

The remaining co-founders have tried to get in touch with Murdoc however he is ignoring messages and calls.

From what we can see the community remains fairly tight-knit and upbeat however it will be hard for those within to build up trust again especially when the project has been rinsed of all its money.

🤡 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.