GM d00ds. Time for your lip-smacking roundup. Here’s whatcha need to know ⚡️

SCOOPS OF THE WEEK 

⛓️ NFT’s

• Ben.ETH Served Settlement Demand Via NFT

• Sotheby’s 3AC NFT Auction Ends

• Professional Bowlers Association (PBA) Launches NFT Awards

👨‍💻 WEB3

• STEPN targets 100m new users with Apple Pay

• Upstream pays users to Learn Web3

• Turn your Gameboy into a hardware wallet

🪙 CRYPTO

• Michael Saylor Microstrategy Shares are said to offer better exposure to crypto than Coinbase shares

• Bitcoin Ordinals & BRC-20 see continued growth

• Are the $XRP Army correct?

🔦 PROJECT SPOTLIGHT

UPPERCENT

Super excited to discuss this new project with you all, we know the team well and they have been working tirelessly for some time now. As always we love seeing projects use Web3 innovation to deliver a better user experience than Web2.

Welcome to Uppercent. A new educational platform leveraging Web3, unlocking access to the tools & education you need to become a Top 1% achiever.

What happens when you buy a course online in Web2? You pay, let’s say $500 for the course, and you absorb the content, but you don’t actually own the content of the course. With Uppercent you can purchase courses from the world’s Top 1%, once you have taken value from the course content you can then sell the course on the secondary marketplace.

Uppercent’s mission is to enable the Top 1% of achievers to share their knowledge effectively. They believe the only way to become the best is to learn from the best.

These tools & educational resources are accessible via an Uppercent membership pass NFT.

If leveling up your skillsets is something that is up your street, Uppercent is giving away a limited number of membership passes for free, which provide owners with $2400 + worth of benefits, including:

• Ability to buy & sell access passes to complete online courses.

• Mentoring sessions with high achievers.

• Learn to earn challenges with crypto rewards

• Free online courses for essential skills

• Top 1% taught live events.

• Daily inspiration and learning videos from the 1%.

• Access to a private community of like-minded thinkers.

Register for your chance to receive a free membership pass before applications close.

⛓️ NFT’s

• NFT Total Market Cap $7.71B - 24/hour change -0.32%

• Volume Traded 24/hours - $20.91M -12.8%

• The market is still in the cold zone. Brrrrrrrr, but we have again seen some good movements this week, particularly in the generative art sectors. This is likely due to the recent 3AC Hedge fund asset liquidation Sothebys Auction. Notably, Fidenza #725 sold for $1M in Auction.

• We are confident a bottom must be close for the market. It’s been a painful period for most collections, but the market will return.

• Notable collections Floor price change over the last 7 days.

• Mind the gap by Mount Vitruvius +98%

• Fidenzas +60%

• Chromie Squiggles + 27%

• Friendship Bracelets +40%

• Over the past 7 days whales have been scooping up: HV-MTL by Wrapped Cryptopunks Yuga, Milady Maker, & Otherdeeds.

Ben.ETH Served Settlement Demand Via NFT

At a glance 🔎 

• Mike Kanovitz, Partner at the Law firm Loevy & Loevy, shared the settlement demand on his Twitter.

• The allegations are based on the liquidity pool structure regarding the presale for $PSYOP which raised $7m.

• The letter is littered with expletives that we wouldn’t expect in a letter from a Law Firm.

🕵️ Scoops take:

Even though the letter was extremely aggressive and not massively professional, the contents are a fair sentiment of the space. In our 16th of May Newsletter, we dedicated a scammer spotlight paragraph highlighting that we felt this “project” would be a rug pull, we await the results…

Using an NFT to send the letter was something we weren’t expecting but using it does remove all ability to amend/edit the contents so what you see is what you get. A huge change that we may see moving forward with NFTs and potential lawsuits is that due to the anonymous element of people in the space, the NFTs can be sent to addresses so even the anonymous can’t hide.

 Sotheby’s 3AC NFT Auction Ends

At a glance 🔎 

• The Auction house managed to raise $2.5m from the sale of 7 NFTs.

• The largest sale was a Fidenza NFT which went for $1m

• Creditors are owed in excess of $3.5bn

🕵️ Scoops take:

It’s a small dent into a mammoth figure owed but at least it is a start. What the mammoth sale of the Fidenza and Autoglyph tells us is that there is still a bullish sentiment for high-end NFTs. The Fidenza was estimated to sell for $120,000 - $180,000 and ended up selling for $1m. The Autoglyph was estimated to sell for $120,000 - $180,000 but ended up selling for $571,500. The bankruptcy case is still ongoing but creditors shouldn't be holding their breath for now at a payout.

Professional Bowlers Association (PBA) Launches NFT Awards

At a glance 🔎 

• The PBA will deliver awards to 300,000 bowlers.

• The NFTs are unable to be traded or sold once received.

• An Avalanche subnet will be used to handle the awards.

🕵️ Scoops take:

In case your friends didn’t believe you when you bowled that perfect 300 game then fear no more, an NFT is coming to back you up. The rewards will vary for a number of different milestones so not many bowlers will be left without. What we really love about this is the PBA acknowledging that many of their customers do not know much about NFTs or Crypto so are going to call the NFTs digital awards to ease them in. We saw the success of this with Reddit and by not using complicated or new jargon, it will ease the mass onboarding.

🧵 THREAD OF THE WEEK

@EricF unveils some hidden Alpha. is Renga about to announce a partnership with SEGA?!

🌐 WEB3

STEPN targets 100m new users with Apple Pay

At a glance 🔎

• STEPN, a Web3 "move-to-earn" application, has announced its integration with Apple Pay, making it easier for users to make in-game purchases.

• The integration will allow users to buy Stepn's native token, $GC, directly in the app using Apple Pay, streamlining transactions.

• This development marks a significant step in the incorporation of traditional payment methods into Web3 applications, broadening accessibility for users.

🕵️ Scoops take:

Onboarding into Web3 games is an absolute slog, but it’s mega exciting to see this integration with Apple Pay - making the user experience significantly easier. Apple has historically been super hesitant to allow in-app crypto purchases so this is a massively positive sign and certainly a step in the right direction. This move is not just a stride forward for Stepn, but it's also a leap towards broader accessibility and convenience in the world of Web3 apps. Healthy body, healthy wallet, and a healthier future for blockchain – what's not to love? 🏃‍♂️💨

Upstream Pays Users To Learn Web3

At a glance 🔎

• Web3 infrastructure company, Upstream has released a new "Learn and Earn" course focused on decentralized autonomous organizations (DAOs).

• The course offers students the chance to earn up to $50 in the USDC stablecoin by actively participating in its modules and completing assessments.

• Through the course, Upstream aims to educate individuals about DAOs, including their structures, governance models, and the potential opportunities they offer in the Web3 space.

🕵️ Scoops take:

Pretty darn cool and having Process Grey, the artist behind Goblin Town on board is the cherry on the cake. Upstream’s driving education in the Web3 sphere, but also sweetening the deal with USDC rewards. Through digestible modules, it's making the intricate world of DAOs approachable to everyday enthusiasts. It's initiatives like these that truly anchor the potential of Web3 — no need to passively watch from the sidelines when you can be a part of the transformation and earn a few bucks while you're at it. The game is changing, and it's clear that this isn't just education, it's a stepping stone to future-ready skills. 

Turn your Gameboy into a hardware wallet

At a glance 🔎

• Ken Shirriff, a hardware hacker, demonstrated that a vintage Game Boy can be transformed into a Bitcoin and Ethereum wallet with Game Wallet

• The process involves custom code and linking the Game Boy to a Raspberry Pi via a serial link, enabling transaction data to be loaded onto the device.

• While not practical for everyday use, this proof-of-concept emphasizes the flexibility and adaptability of blockchain technology.

🕵️ Scoops take:

Imagine turning a novelty concept into a viable, security-centric solution. That's precisely what the creators of Game Wallet have achieved with their unique Game Boy cartridge turned crypto wallet.

Consider this: a device inherently unconnected to the internet is intrinsically safer. Add to that, the charm of a gadget that pre-dates cryptocurrency and has been an innocent bystander on your shelf for two decades - you've got yourself an unlikely yet resilient fortress for your crypto.

So, how does it function? Insert the cartridge into your vintage Game Boy, kick-start the game, interact with a specific character, and voila! You've got the seed phrase for your novel wallet.

Seems quirky? Absolutely! Unbelievably secure? Indeed!

Contemporary hardware wallets like Ledger and Trezor can be isolated from the internet but can be connected via Bluetooth or USB when necessary. Game Wallet, on the other hand, escalates security to an unanticipated tier by rendering any digital connectivity virtually impossible.

Of course, the inevitable question arises - without an internet connection, how do you extract your funds? The answer isn't as smooth as we'd like. To access your crypto, you'll have to key in the game-generated seed phrase on an internet-connected device (perhaps a Ledger or Trezor). A tedious process if you're an active trader or spender of your crypto assets.

However, if your objective is to tuck away your crypto wealth for a lengthy period, perhaps a decade or more, Game Wallet could potentially be the safest vault available. Unless you enter your seed phrase into an online device, your crypto remains securely anchored.

🪙 CRYPTO CRUNCH

• Crypto Total Market Cap $1.14T - 24/hour change +1.59%

• Volume Traded 24/hours - $33.31M +38.35%

• We are still in a ranging period for the crypto majors. It’s very hard to tell which way the market will turn. For range traders this environment is paradise.

• As previously discussed mid to long term (12 Months) the market is bullish, but for now, we are in a ranging chop until a clear direction is confirmed.

• Upcoming crypto narratives

• - VR/AR Based tokens based

• - Liquid staking derivatives

• - Real Yield Bearing tokens

  Top stories

• Michael Saylor’s Microstrategy shares offer better exposure to crypto than Coinbase shares

• Bitcoin Ordinals & BRC-20 see continued growth

• Are the $XRP army correct?

😡 THE REKT SECTION 😡

The 22nd of May to the ordinary person would have just been a normal Monday. To those that have been within the space for long enough, you will know this date as Bitcoin Pizza Day.

On the 22nd of May 2010, a man paid 10,000 BTC for 2 Papa Johns Pizza’s.

Back then, it wasn’t such a terrible deal, although we don’t think Papa Johns is all that great (sorry).

Anyway, the sum paid for those pizzas in today’s market worth is $267m.

So if you ever feel that your next pizza order is overpriced, just think of this guy whose order would work out today at $133.5m a pizza.

🏆 WEEKLY WINNER 🏆

A lot of projects should take notice of what momentum can do for a project.

For this particular project, they are hitting the headlines for all the right reasons.

They shouldn’t need a formal introduction but just in case you haven’t worked it out yet, it’s Pudgy Penguins.

We shared with you in our last Newsletter that they were boarding the next generation to Web3 with the use of toys and they quickly went to number 2 in toy figure best sellers but more in-depth stats have been revealed.

In the first two days of going on sale, over 20,000 individual toys were sold raising over $500,000.

They are riding high right now and long may it continue.

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.