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Web3 Reaches the Sky
The Triple Scoop
September 01, 2023
GM to the 15 new readers who joined this week. Without further ado. LFG
SCOOPS OF THE WEEK
⛓️ NFT’s
Lufthansa Launches NFT Loyalty Program
Mickey Mouse NFT Collection
Wagmi Games x OpenSea
👨💻 WEB3
Worldcoin Scoops Up 9K Users in Argentina In 1 Day
AI To Turbocharge Web3 Startups
Spot BTC ETF Decision Delayed By The SEC
🪙 CRYPTO
Trillion-dollar Crypto opportunity
Coinbase Founder reveals top 10 favorite crypto innovations
🏆 SCOOP PREMIUM
⛓️ NFT’s
NFT Total Market Cap $4.83B - 24/hour change - -1.03%
Volume Traded 24/hours - $6.5M - 17.28%
The recent gains in PFP projects? A few ups & downs, but overall they're holding on like a champ! 🚀
Have we found ourselves a cozy bottom for the market? It is only boring until it isn’t.
The art market is still cooking on Gas 🎨
Refik Anadol's Winds of Yawanawa, are soaring at a 7.49ETH floor. Which we have to say are mindblowing. The reveal is soon & we can’t wait.
Sam Spratt's Monument Game Player edition? Chillin' at 5.99ETH floor, even though the game has finished 🎮
NFTs are far from over. The meta of selling out newly launched 10K PFP collections may be dead & buried, but the tides are shifting.
One thing is absolutely clear there is less trash in the space, fewer people getting wrecked and projects are of a much higher calibre.
The meme is ridiculous! If this moons. Humanity is doomed.
Lufthansa, the airline giant has launched an NFT loyalty program on Polygon which will offer special perks for passengers who collect sets of the collection. Known as Uptrip, the collection consists of free in-flight wifi, access to lounges, redeemable air miles and more. They are planning to add a trading feature allowing users to fill gaps in collections.
At a glance 🔎
The soft launch was tested with over 20,000 users and was a success.
Over 200,000 digital trading cards were collected.
Lufthansa’s current traditional miles and more loyalty program has 36 million members.
🕵️ Scoops take:
Another W for Polygon, they have really nailed being the chosen one for these Web2 giants making the move. Their star-studded partners include Nike, McDonald’s Reddit and Coca-Cola.
Lufthansa flies over the world and has luxurious 1st class lounges across many airports, so the look on the faces when the NFT Degenz rock up to get a glass of Dom Perignon will be worth it alone.
Cryptoys, an NFT digital toy company, has announced that they will be launching a collection featuring Mickey Mouse, Mini Mouse, and the trusty sidekick, Pluto. The collection will feature 15 limited-edition digital toys with accessories also being available. Each of the 3 characters will have 5 versions, common, rare, legendary, grail, and ultra grail. A launch date is yet to be confirmed.
At a glance 🔎
The cost of each will be $39.99
You do not need to use Cryptocurrency to purchase, options for payment include both debit and credit cards.
Cryptoys recently launched the successful Star Wars collection.
🕵️ Scoops take:
A purchase for the girlfriend, or the kids or one to fill that nostalgia hole? Whatever the reason, Cryptoys are targeting huge fanbases and making the NFT process seamless.
Not that we want to hate on Pluto, but it’s a shame he has made the cut ahead of the true hero of the cast, Goofy. Looks like we just gave away our nostalgic spot so if you’re watching Cryptoys, launch the Goofy collection (please).
Wagmi Games has partnered with OpenSea ahead of the Defense Founder’s mint. The collaboration is to allow the two to work together in pushing the boundaries for NFTs within Web3 gaming. Wagmi is calling the upcoming mint, the mint of 2023 and with the marketing powers of OpenSea this can shake the space. Final details surrounding the mint are yet to be shared but this has been promised to come to light over the next few days.
At a glance 🔎
Wagmi continues to push users from Web2 to Web3 with unmatched entertainment.
There is going to be a huge push for digital asset ownership.
They plan to target millions of people and bring them to the NFT space.
🕵️ Scoops take:
The gaming industry is one of the biggest in the world so combining that with digital ownership will let the NFT space fly. Partnering with the biggest marketplace dogs out there will no doubt boost the potential.
“It’s time for the industry to evolve”. If mindset was the value for a successful project, they just hit a 500 ETH floor, let’s hope they deliver.
🌐 WEB3
Worldcoin, a blockchain project offering iris-scanned human IDs, signed up over 9,500 Argentinians in just one day despite facing criticism over data privacy. The app even briefly became Argentina's #1 app on the App Store. While critics warn the project could leak sensitive biometric data, the Argentine government has opened an investigation into its privacy practices. New users get a bonus in Worldcoin's native currency, WLD, currently worth about $29.25.
At a glance 🔎
Worldcoin signed up 9,500 users in Argentina in one day, briefly becoming the country's #1 app despite data privacy concerns.
New users receive a bonus of 25 WLD, Worldcoin's native currency, worth about $29.25 on the open market.
The Argentine government is investigating Worldcoin's privacy practices, and the app has been suspended in Kenya.
🕵️ Scoops take:
Worldcoin's massive sign-up rate in Argentina is like watching a new Netflix series go viral, but with higher stakes. This isn't just entertainment; it's about identity and privacy in a digital world. Sure, folks are tempted by the quick crypto-bucks, but at what cost? The project's future hinges on balancing speed of growth with data safety—think Spider-Man's "great power, great responsibility" line. With governments now peeping into its business, Worldcoin's next season could either be a blockbuster or a cautionary tale.
Argentina is one of the world’s leading countries for blockchain innovation & crypto adoption. That reputation was reinforced recently, as demand for World ID led to 9.5K Orb verifications in 24 hours—a new global record. worldcoin.org/blog/announcem…
— Worldcoin (@worldcoin)
9:48 AM • Aug 31, 2023
Google Cloud's Engineering Director of Web3, James Tromans, is optimistic about AI's role in accelerating Web3 startups, especially in tasks like smart contract writing and auditing. Tromans believes Web3's value lies in solving business outcomes and ensuring data ownership, rather than token speculation. While acknowledging that AI won't be a "silver bullet," he emphasizes that it will significantly shrink startups' time to market.
At a glance 🔎
Google Cloud's Engineering Director of Web3, sees AI as a key accelerator for tasks like smart contract writing in Web3 startups.
Tromans emphasises that Web3 is about owning your data and solving real business problems, not just token speculation.
Despite skepticism about hosting Web3 projects on "legacy" platforms like Google Cloud, Tromans argues that Google's infrastructure actually contributes to decentralisation.
🕵️ Scoops take:
You know how Tony Stark used J.A.R.V.I.S. to build Iron Man suits faster? Well, Google's basically saying AI could be the J.A.R.V.I.S. for these new Web3 startups, helping them write smart contracts and such. But hold on, Google's not just hopping on the crypto hype train; they're eyeing real-world problems that this tech can solve. This isn't just about flashy tokens; it's about who owns your data and what you can do with it. And despite the flak they get for being an 'old guard,' Google argues they can actually help decentralize the Internet. So, it's kinda like the old and new Avengers teaming up.
The SEC has postponed decisions on spot Bitcoin ETF applications from several companies, including BlackRock and Fidelity, until October. The delay led to a 4.1% drop in Bitcoin's value. The D.C. Circuit Court recently criticized the SEC's inconsistent reasoning in rejecting similar applications, adding another layer of complexity to the regulator's pending decisions.
At a glance 🔎
The SEC has delayed decisions on all new spot Bitcoin ETF applications, including those from major players like BlackRock and Fidelity, until October.
Bitcoin's value dipped 4.1% following the announcement of the delays.
A D.C. Circuit Court recently criticized the SEC for inconsistency in rejecting Bitcoin ETF applications, adding pressure to future decisions.
🕵️ Scoops take:
Look, the SEC hitting the pause button on Bitcoin ETFs isn't just red tape; it's a sign of the wild west days of crypto becoming, well, less wild. Think of it like your favorite indie band going mainstream; sure, it's selling out arenas, but it's also losing that garage-band vibe. This delay might cool down Bitcoin's price short-term, but it's also a step toward making crypto as commonplace as a 401(k). So, is this Wall Street's version of going platinum? Maybe, but they better not forget their early fans.
GambleFI - One the fastest growing narratives in crypto
🪙 CRYPTO CRUNCH
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Crypto Total Market Cap $1.03T - 24/hour change -2.03%
Total Crypto Volume 24 hours - $35.71B - Change +8.05%
September is typically a tough month for crypto and equities markets
Analysts believe we could revisit the lows of $23K for BTC, but is this wishful thinking and will we actually swing that low?
The pump caused by Grayscale winning against the SEC a few days ago has now been fully retraced as we now sit at $25.5K.
Sideways chop was always expected, but make no mistake we couldn’t be more mid to long-term bullish for the future as we lead up to the BTC halving, massive institutional interest is around the corner.
Dips are for buying & dollar cost averaging into the majors & solid ALT coins is a strong plan.
Crypto narratives to focus on this summer
- AI Tokens
- Telegram trading Bot tokens
- GambleFI
- Revenue Sharing projects
- Liquid Staking derivative projects
- Metaverse & gaming tokens
- RWA - Real-World Asset tokens
Top Stories
😡 THE REKT SECTION 😡
Crypto Youtuber Ivan
It’s probably a good job we don’t know his full name, as someone who does something so stupid is better being known from a distance.
The crypto YouTuber mistakenly showed his Private Keys on a live stream which led to 86,399 MATIC ($60,000) being stolen.
Luckily for Ivan, he has managed to retrieve $50,000 back but he remains on the hunt for the rest.
Most people don’t get anything back so do not ever share your private keys… they are private for a reason.
🏆 WEEKLY WINNER 🏆
Moritz
“Low-risk trader & collector since 2021 sharing all my knowledge” has gone to show that the bear market means nothing in terms of making a profit.
He had a successful 1 to 100 ETH journey back in March but over the last month, he has made $10,000 flipping NFTs and has shared his plays + learnings.
Check them out below.
I made $10,300 this month flipping NFTs.
Here are all my plays + learnings.
I will also mention my next plays at the end 🧵👇
— Moritz (@moritz_web3)
6:05 PM • Aug 31, 2023
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