Summer is here, which means The Triple Scoop is officially the best NFT newsletter by default.

Let’s do it babyyyy 😎

SCOOPS OF THE WEEK 

⛓️ NFT’s

• NFT Stats revealed for May

• Japanese Airline Launches NFT Marketplace

• Alien film statue to be sold as NFTs

👨‍💻 WEB3

• Gamestop Drives Web3 Gaming Growth

• Mercedes Benz Web3 Arm Release NFT Collection

• EA Sports Games Set To Receive Nike NFTs

🪙 CRYPTO

• Could Bitcoin’s new price floor be $40,000 - JP Morgan

• How can fragments of Bitcoin be worth more than 1 full Bitcoin?!

• Is ChatGPT trying to sabotage crypto?

⛓️ NFT’s

• NFT Total Market Cap $7.55B - 24/hour change -0.43%

• Volume Traded 24/hours - $17.9M -0.71%

• We are clearly seeing a decline in interest across the wider PFP board and it’s the reason we have been reluctant to discuss a wide array of projects.

• Right now NFTs on Bitcoin, A.K.A Ordinals are the flavor of the month if not the quarter and we recommend if you haven’t already clued yourselves up already we recommend doing so.

• Outside of Ordinals, Generative ART is shown strength and again confirms that Artwork holds prevalence NFT or not.

• Azuki has been showing major strength, holding around the 16ETH floor mark.

• Outside of Ordinals, and Generative Art, Memeland Captains, Potatoz Pudgys, Degods, Y00ts, and Yuga Labs are all solid long-term plays.

 JUNE’S HOTTEST NFT EVENTS YOU NEED TO BE AWARE OF

• Memeland to reveal Captainz & drop $MEME token

• Degods Season3 & Y00ts Season 2

• Azuki Las Vegas Event

• Pudgy Penguins Overpass

• Amazon may launch their NFT marketplace

• Yuga Labs - Legend of the Mara Game launch

NFT Stats For May Revealed

At a glance 🔎 

• Blur Holds 65% of the Market Share with OpenSea holding 27%

• Monthly trading volume fell below $1bn for the first time this year

• Volume dropped 44% to $675m down from $1.2bn

🕵️ Scoops take:

The positive from this story is that sales didn’t decrease in line with volume. With sales dropping 24% it suggests that there is still plenty of movement within the markets. With Blend seeing so much volume through its door it could be a case that plenty of investors are just sitting tight for now.

Japanese Airline Launches NFT Marketplace

At a glance 🔎 

• Nippon Airways has launched an NFT Marketplace.

• The largest Japanese carrier becomes the first airline group to enter this market

• The Marketplace will be overseen by the company’s subsidiary ANA Neo

🕵️ Scoops take:

What is really bullish about this news is the company has said they aim to commercialize NFTs for specialty goods. A smart move from the company is the decision to allow the NFTs to be purchased via credit card and not cryptocurrency. An important way of onboarding the masses is to gently introduce them to the space without too much complexity and we believe this is a great way to go about it.

H.R. Giger Alien Statue To Be Sold As NFTs

At a glance 🔎 

• Particle, which specializes in fractionalized ownership, will be conducting the sale.

• The sculpture was used in the classic horror movie Alien

• 500 NFTs will be available at the cost of $1000 each and holders will be able to vote on the future of the statue

🕵️ Scoops take:

It is amazing for the space that such an iconic sculpture will be spreading its ownership using NFTs. This has been welcomed in the NFT community as a huge landmark and we totally agree. For anyone who wants to join the presale link click here.

THREAD OF THE WEEK

Bitcoin Ordinals can’t be ignored. Here is a list of on-trend Ordinals projects from Yakuza Daddy

🌐 WEB3

Gamestop Drives Web3 Gaming Growth

At a glance 🔎

• GameStop has announced a partnership with the Telos Foundation, aiming to expand its Web3 gaming strategy.

• The collaboration will see GameStop leveraging Telos' blockchain technology for developing NFTs and tokenized rewards, creating a more immersive and rewarding gaming experience for its users.

• GameStop's expansion into Web3 gaming aligns with the trend of traditional gaming companies embracing blockchain and NFTs to keep up with the rising popularity of Play-to-Earn games.

🕵️ Scoops take:

By pushing into NFTs and tokenized rewards, GameStop's not just leveling up, they're wholeheartedly embracing the new era of play-to-earn gaming. We’re seeing many exciting possibilities open up here for Gamestop to leverage the decentralized nature of blockchain, bringing unprecedented transparency, security, and accessibility to its gaming ecosystem. Telos has some pretty impressive tech behind it and this is shaping up to be a powerhouse of a collab 👾🕹️

Mercedes Benz Web3 Arm Release NFT Collection 

At a glance 🔎

• Mercedes-Benz's Web3 division is launching an NFT collection in partnership with the digital art community Fingerprints DAO.

• The collaboration is part of Mercedes' broader strategy to explore and embrace the potential of Web3 technologies and decentralized networks.

• This venture is said to demonstrate a strong bridge between traditional companies and the digital art space, showcasing a trend of how major brands are entering the NFT scene.

🕵️ Scoops take:

Injecting a bit of German engineering into the kaleidoscopic world of NFTs, Mercedes-Benz is putting the 'vroom' in the evolving digital art scene. Their collaboration with Fingerprints DAO isn't just a smart business move, but a testament to the disruptive and immersive potential of Web3. It's proof that the days when high-end brands were distant monoliths are over. As traditional brands drop the suit and tie and don the digital attire, this Mercedes x Fingerprints DAO union is a fresh reminder that in the new age of Web3, everyone's invited to the party — even auto giants. Expect to see more follow… 🏎️💨

EA Sports Games Set To Receive Nike NFTs

At a glance 🔎

• Nike has announced a partnership with EA Sports to create digital assets, which can be used in EA video games.

• The new NFT integration allows players to wear and use Nike's exclusive digital products within the game, enhancing the gaming experience and adding a layer of unique customization.

• This move marks Nike's expansion into the Web3 space and symbolizes an increasing trend of traditional brands leveraging blockchain technology for innovative digital initiatives.

🕵️ Scoops take:

Nike launched their polygon enabled .swoosh ‘digital creations’ platform in November 2022 and whilst both Nike and EA are keeping the exact details hush hush for now, it’s going to be pretty epic to see how they intergrate into potentially some of the biggest titles in gaming. Think FIFA, Madden etc.

It's a major signal of Web3's mainstream momentum. Imagine the implications of this partnership: it's not just a digital representation of your favorite kicks but a whole new dimension for branded assets and consumer interaction.

This is more than a marketing gimmick—it's the start of a reality where your digital and physical closets might just mirror each other. The real kicker? This opens the gate for other brands to follow suit, transforming virtual avatars into digital trendsetters. With Nike setting the pace, the lines between the physical and virtual world are blurring quicker than we expected, hinting at a future where owning exclusive digital assets could be as normal as owning a pair of Air Jordans. Here's to an exciting journey ahead. After all, "Just Do It" seems to take on a whole new meaning in the era of Web3.

🪙 CRYPTO CRUNCH

• Crypto Total Market Cap $1.14T - 24/hour change +0.63%

• Volume Traded 24/hours - $27.4B +8.23

• Chop Chop, the market is up and down at present, but we expect to see a push up to $32K region for Bitcoin this month.

• Bitcoin market dominance is seeing a slight retracement which suggests an ALT run could be on the cards.

• Mid to long-term, we are majorly bullish on Crypto as we lead up to the Bitcoin halvening in May 2024

  Crypto narrative focus for this summer

• - AI Tokens

• - RWA - Real-world Asset tokens

• - Cross Chain Projects

• - ‘Real Yield’ Bearing tokens/projects

  Top stories

• JP Morgan - $40,000 new price floor incoming?

• How can Fragments of Bitcoin be worth more than 1 full Bitcoin?

• Is ChatGPT trying to sabotage crypto?

😡 THE REKT SECTION 😡

@Hopeexist1

Another horrendous rug has taken place but this time the story that went with it really played on emotions.

Twitter user Hopeexist1 shared a story about her battle with cancer and launched the NFT collection to help with medical bills.

Influencer, Andrew Wang, vouched for her stating that he would put his reputation on the line…what a mistake this was.

Within hours of Wang’s tweet, the project sold out and began to trend on OpenSea.

Users soon discovered some old tweets from the account that referenced stolen artwork.

Before you could blink, the account was deleted and 63.5 ETH of funds earned for the project had been taken out and re-distributed to untraceable accounts. The project has since raked in 216 ETH ($400,000) but there is clearly now no actual project.

Even with the influencer’s input, it is so important to DYOR as we have now seen scammers will not stop at anything.

🏆 WEEKLY WINNER 🏆

It is very rare that we praise the Government as it is usually doom and gloom news.

However, there has been a breaking story that goes against the doom and gloom and is actually a really positive story.

It has been revealed that Congress in America has cut the proposed Bitcoin and Crypto mining tax.

This aspect of the industry is so vital for growth and it is vital that it needs to be favorable for those involved. The relief amongst miners and investors will certainly be felt given the anxiety surrounding the potential taxes suggested.

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.