GM to the 23 new readers who joined this week. Without further ado. LFG

SCOOPS OF THE WEEK 

⛓️ NFT’s

• Solana Inscriptions are here

• CoinGecko Acquires NFT Analytics Platform ZASH

👨‍💻 WEB3

• KPMG & Chainalysis Join Forces

• Saga Raises $5 Million Pre Launch

• Accidental $3m BTC Fee

🪙 CRYPTO

• SBF ‘Founder of FTX’ paid for a Haircut using a ‘Makeral’

• Strap in for the Crypto Bull Run coming in early 2024

• Crypto Power Struggles

💎 Premium

• Rollbit the king of GambleFI has already 100x’d this year, but we think we may have found the next big Gamblefi Movement.

⛓️ NFT’s

• NFT Total Market Cap $6.83B - 24/hour change +2.1%

• • The recent bounce in NFTs has probably caught a number of people off guard, as most had expectations of a slower post-crypto rally recovery.

  • Overall, the NFT market shows a positive day, with an up to 10% increase, coinciding with a surge in ETH prices.

  • Despite initial expectations, the current NFT market is now much more significant, mature, and populated with degens than it was 3 years ago, possibly contributing to a quicker rebound. People are starting to have flashbacks of those 5-10X’s in NFTs not just Crypto.

  • As we have suggested for a few weeks now, the current entry point right now is favorable for "blue chip" assets, particularly in the art market.

  Here is our list of solid pickups below.

  • CrypToadz by Gremplin

  • Opepen

  • The Captainz

  • Yoga Petz

  • Kubz

  • Lil Pudgys

  • Sproto Gremlins

  • MF’ers

  • OnChain Monkey

• Notable Floor Movers Today

• BlockGames Dice +91% (Web3 Game + utility)

• Balthazar Raw Pass +50% (Web3 Game)

• Mittaria Genesis +35% (Web3 community)

• Notable Floor Movers this Week

• YogaPetz +190% (Web3 / Game community)

• BlockGames Dice +150% (Web3 Game + utility)

• The Grapes +13% (Web3 IP Game + utility)

Solana Inscriptions have landed

At a glance 🔎 

• SLP-20 Token Standard: SLP-20, short for Solana Program Library-20, is a groundbreaking token standard on the Solana blockchain, introducing versatility and 

• efficiency to the ecosystem.

• Versatility and Interoperability: SLP-20 facilitates interoperability, allowing seamless integration of new tokens into the Solana ecosystem. It sets rules and specifications to govern token creation, fostering a more robust DeFi ecosystem and streamlining the development process.

• Potential Use Cases: The standard opens doors to diverse tokenized assets and use cases, including DeFi protocols, NFTs, tokenized real-world assets like real estate and stocks, and cross-chain compatibility. This broadens Solana's appeal as a platform for digital creativity and financial innovation.

• Impact on Solana: SLP-20 brings far-reaching implications, enhancing scalability, making the development environment more accessible to developers, promoting collaboration within the Solana ecosystem, and contributing to global accessibility through tokenization of assets and expansion of DeFi protocols.

🕵️ Scoops take:

As we have seen with BRC-20 inscriptions, we could have a brand new economy on our hands.

The Solana ecosystem has started to pop since the $SOL token has rallied in price.

It’s highly likely that SOL inscriptions will begin to pop off & our bet is the first category to win will be memes.

Triple Scoop Premium members have been printing the last few weeks getting the low down on the hottest alpha across crypto & NFTs.

Want to see what all the fuss is about? Start your free trial today & get prepared for the bull run that is underway.

Our Premium Unlocks this week…

• Rollbit the king of GambleFI has already 100x’d this year, but we think we may have found the next big Gamblefi Movement.

CoinGecko Acquires ZASH - NFT data analytics firm

At a glance 🔎

• CoinGecko Acquires Zash: Crypto data aggregator CoinGecko has acquired Zash, an on-chain NFT data analytics firm, adding comprehensive NFT data to its services.

• Zash's Data Coverage: Zash collects data from over 1 million NFT collections and various marketplaces, covering 87 blockchain networks, including Ethereum, Polygon, Binance Smart Chain, and Solana. It provides insights into NFT metadata, historical trades, and lending, and identifies wash trades.

• Integration with CoinGecko's API: Zash's NFT data will be integrated into CoinGecko's API by Q2 2024, offering users access to a wide range of information on both fungible and non-fungible tokens.

• Strategic Vision: CoinGecko sees the acquisition as a step towards becoming a comprehensive source for all cryptocurrency-related data, aiming to provide unified token and NFT market data, emphasizing the growing importance and innovation potential of NFTs beyond current use cases.

🕵️ Scoops take:

When one of the most relied-upon data sources in Crypto ‘CoingGecko’ invests in an NFT data provider so they can directly integrate it into their site, something tells us that the future is bullish for NFTs.

CoinGecko already provides basic data points around NFTs, but with the acquisition of Zash, it is a clear signal and indication that as part of becoming the most comprehensive data source for all things Web3, they believe NFTs will only grow in popularity and market share.

🌐 WEB3

KPMG Canada Joins Forces with Chainalysis to Combat Crypto Fraud and Boost AML Compliance

At a glance 🔎

• KPMG Canada has partnered with Chainalysis to combat crypto fraud and enhance anti-money laundering compliance by offering advanced blockchain monitoring and risk management services.

• The collaboration is a response to the growing threat of fraud and criminal activities in the digital assets sector, which saw a record $20.6 billion in cryptocurrency-based illicit transactions globally in the previous year.

• KPMG Canada has been actively involved in the cryptocurrency sector, including opening a metaverse collaboration hub and adding bitcoin and ether to its balance sheet.

🕵️ Scoops take:

The KPMG Canada and Chainalysis partnership is like a superhero team taking on crypto villains. They're bringing advanced blockchain analysis and compliance support to combat rising digital asset fraud and hacks. Think of it as Iron Man and Batman teaming up to fight cybercrime in the metaverse. As cryptocurrency-related illicit transactions hit a record high, it shows the need for professional expertise in protecting digital assets. It's a smart move in the ongoing battle for a safer crypto world.

Saga Raises $5 Million Ahead of Mainnet Launch, Pioneering Scalable Blockchain Protocol for Crypto Gaming and Beyond

At a glance 🔎

• Saga, a blockchain protocol for crypto game developers, secures $5 million in funding ahead of its mainnet launch.

• The protocol's scalability, with customizable parallel chains called "chainlets," appeals to developers and has garnered interest from over 300 projects.

• While gaming is a primary focus, Saga aims to become a versatile infrastructure platform for various decentralized applications, emphasizing mobile gaming's potential.

🕵️ Scoops take:

Saga's funding boost before its mainnet launch is like securing extra lives in a video game. They’re taking a unique approach, creating scalable "chainlets" for apps, that could level up the entire crypto gaming industry. More than just gaming, Saga's ambition to become a versatile blockchain infrastructure is kinda like being a Swiss Army knife for the decentralized world, potentially changing how we interact with web3 applications in the future.

Bitcoin Sender Accidentally Pays Record-Breaking $3 Million Transaction Fee for $2 Million Transfer

At a glance 🔎

• A Bitcoin sender accidentally paid a staggering $3 million in transaction fees for a $2 million BTC transfer.

• This transaction fee blunder is the largest in Bitcoin's history, raising questions about the sender's mistake.

• Recent surges in Bitcoin transaction fees are attributed to increased activity related to Bitcoin Ordinals, similar to NFTs, driving up network congestion and costs.

  🕵️ Scoops take:

Sending $3 million as a fee for a $2 million Bitcoin transfer is like accidentally paying a Lamborghini's price for a regular car wash. It highlights the importance of double-checking crypto transactions. The rise in transaction fees due to Bitcoin Ordinals resembles a crowded highway during rush hour - it gets expensive and risky. It's a costly reminder to stay vigilant in the crypto world.

🪙 CRYPTO CRUNCH

• Crypto Total Market Cap $1.45T - 24/hour change +2.96%

• Crypto Market Volume 24 hours $47.6B -8.83%

  • Cryptocurrency Strength:

    • Despite recent FUD (Fear, Uncertainty, Doubt), major cryptocurrencies exhibit strength, with BTC at 37.2K and ETH at 2060, close to year-to-date highs.

    • Speculation arises about the conclusion of most negative developments, except for the anticipated US government sale, with the potential for an OTC deal with BlackRock.

    ETH Performance:

    • ETH outperforms BTC in the last 24 hours, leading to a climb in the ETH/BTC ratio to 0.055.

    • Overall, the cryptocurrency market shows resilience, with BTC dominance hovering around 52.6%.

    Anticipated Developments:

    • The expectation is set for a few very interesting weeks in the cryptocurrency market.

    • Ongoing attention is directed toward the US government sale, with potential OTC dealings with BlackRock being considered.

    Market Analysis:

    • Despite recent FUD, major cryptocurrencies are at YTD highs, suggesting resilience in the market.

    • The ETH/BTC ratio climb indicates a favorable performance for ETH in the last 24 hours, contributing to the positive overall sentiment in the crypto space.

  Crypto narratives to focus on this Fall

• - AI Infrastructure / AI tokens.

• - New Layer 1’s

• - Social-Fi /Gambefi

• - Telegram trading Bot tokens

• - Privacy Dex’s

• - Revenue Sharing projects

• - Liquid Staking derivative projects

• - Metaverse & gaming tokens

• - RWA - Real-World Asset tokens

Top Stories

• SBF ‘Founder of FTX’ paid for a Haircut using a ‘Makeral’

• Strap in for the Crypto Bull Run coming in early 2024

• Crypto Power Struggles

🏆 WEEKLY WINNER 🏆

The Grapes

The Grapes is a multimedia IP project, which has been one of the top performers we have seen in NFTs this year.

Backed by Animoca Brands, coupled with the same advisors to the legendary MEMELAND, these fruity numbers have packed a punch. They launched at 0.039ETH price with a total supply of 3333. Since then the ecosystem has exploded, the project has now generated 6 revenue streams and achieved 3500 in ETH volume & a whopping 50x return from mint price.

Featuring in our Premium section many moons ago, Congratulations to The Grapes and anyone who managed to scoop a bunch of these up. We don’t think this will be the last we report on these bad boys.

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