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SCOOPS OF THE WEEK 

⛓️ NFT’s

• Gucci NFT Holders Physical Rewards

• Grahams Launches NFT

• Jack Dorsey Tweet NFT Goes To Auction

👨‍💻 WEB3

• Ubisoft To Launch First Web3 Game

• McDonald’s Launched McNuggets land In Sandbox

• Nevada Woman Sentenced For Bitcoin Hitman Plot

🪙 CRYPTO

• New Iris Scanning Worldcoin Backed by Crypto Blacksheep Launches 

• The sky is the limit for Crypto as Blockchain tech is set to grow rapidly.

• Would you give up your Iris Scan for $50? - All The Facts You Need About World Coin

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⛓️ NFT’s

• NFT Total Market Cap $5.77B - 24/hour change -7.08%

• Volume Traded 24/hours - $64.8M -19.02%

• Things are tough across the Bored. Can the NFT Gods give us a break?

• We are around 5-10% across most collections.

• Bored Ape Yacht Club is down to around 30ETH and Azuki is down to 4.74ETH Woah!

• Still, big sales are happening in the market, Crypto Punk ‘Hoodie’ for 166 ETH, which was good to see.

Whales Are Scooping up:

• HV-MTL

• Bored Ape Yacht Club

• Azuki Elementals

• Azuki

• Mutant Ape Yacht Club

Gucci NFT Holders Physical Rewards

At a glance 🔎 

• Holders of the Gucci Material NFT are to be offered the chance of physical pieces from the company.

• Teasers have been shared where holders will be able to trade in their NFT for a physical bag or wallet at no extra cost.

• The physical items will only be available to those who own the NFT, which was initially airdropped to holders of the Gucci Grail NFT.

• There are 2896 in circulation with a floor price of 0.29 ETH.

  🕵️ Scoops take:

One way to build a strong community and credit from the outside is to act in such a way that Gucci is.

They are showing acknowledgment to early investors as well as setting a benchmark of how projects can be successful in moving from Web2 to Web3.

Early investors that were airdropped the Material NFT are now receiving a unique piece from one of the most luxurious fashion companies in the world and those that choose to sell instead of trading in the NFT can fetch a tidy 0.29 ETH.

Grahams Launches NFT

At a glance 🔎

• One of the largest Port Wine producers in the world, Grahams, is entering the NFT space.

• They will be launching 50 limited edition cases of Port (2 × 75cl) of its 1970 vintage port and the special 2020 edition.

• The NFT will provide the owner with a guarantee of authenticity which also comes with a host of utilities.

• Utilities include an allocation for the next vintage Port release and 6 free guided tours and tastings of the lodge.

• The cost of each NFT will be €3000

  🕵️ Scoops take:

Please drink responsibly…but all jokes aside this is a new avenue of NFTs in a sector that hasn’t fully emersed in NFTs yet.

The advantage that the company highlighted is that Port has the ability to age over time so NFTs technology is well-suited.

What is clever about this collection is that there is a mix of vintage wine from 1970 and one from 2020 which in years to come will eventually be vintage so the NFTs can hold value for years.

The Port wine market has been valued at around $780m, and having one of the largest producers in the game adopt the technology demonstrates its clear use case outside of just cartoon JPEGs

Jack Dorsey Tweet NFT Goes To Auction

At a glance 🔎

• The 1st tweet from Jack Dorsey was turned into an NFT.

• It was purchased by an individual for $2.9m back in 2021.

• The individual estimated that the NFT would be worth $48m by now.

• The current top bid on the item stands at 2 ETH ($3700)

  🕵️ Scoops take:

Not quite the $45.1m gain that the purchaser, Sina Estavi, was hoping for but an important lesson is to be learnt.

At the time of the purchase, NFTs were in a whole different world, PFPs were flying off the OpenSea counters with projects with next to no utility going for double-digit ETH.

Ahead of the next bull run, whenever that may be, you should be aware of how quickly trends can change.

At the end of the day, something is only worth what someone is willing to pay but it may be worth considering how many people would be willing to pay that sum.

THREAD OF THE WEEK

Elon Musk isn’t just the world’s richest man, he has also made people millionaires in a very short space of time.

When he announced the rebranding & change of Twitter to ‘X’ people profited massively.

Check below how this crypto wallet went from $642 to $580K

🌐 WEB3

Ubisoft To Launch First Web3 Game

At a glance 🔎

• Ubisoft announces 'Champion Tactics,' its first Web3 game to launch on the Oasys network.

• The game offers competitive play-to-earn experience, possibly with free NFTs or in-game tokens at launch.

• Despite past failures with blockchain, Ubisoft continues to invest in Web3 technology.

🕵️ Scoops take:

Despite past hiccups with blockchain implementation, Ubisoft's commitment to Web3 shows a promising movement that could revolutionise the gaming world. Embracing this technology signals a new chapter in gaming where players not only enjoy immersive experiences but also gain real-world value, bringing the future of gaming closer to our fingertips. Having such a giant name in the gaming world like Ubisoft pushing this forward is a hugely positive step, and leveraging the Oasys network which is known for its gaming-friendly environment, could produce some pretty awesome results.

McDonald’s Launched McNuggets land In Sandbox

At a glance 🔎

• McDonald's Hong Kong has created "McNuggets Land" in The Sandbox metaverse for the 40th anniversary of Chicken McNuggets, offering both real-world and blockchain rewards to players.

• The game is accessible to global players, demonstrating McDonald's ongoing exploration and commitment to leveraging blockchain technology.

• This move aligns with a growing trend of brands joining The Sandbox, highlighting McDonald’s intention to engage customers through innovative digital experiences.

🕵️ Scoops take:

We’re absolutely clucking to see "McNuggets Land" launch 😆 Whilst the Sandbox has seen a downturn of consumer interest since it’s dizzying heights, the move presents an inspiring case of a global brand tapping into Web3's potential to create engaging customer experiences. The initiative, which transcends geographical boundaries, signifies a promising trend where traditional businesses proactively adopt blockchain technologies. Not just another marketing campaign, it exhibits how companies can embed themselves into the digital realm, blurring lines between real-world and virtual rewards, and fostering deeper customer engagement. This move not only enhances McDonald's digital footprint but also encourages other brands to explore the dynamic possibilities within the metaverse, revolutionizing the future of brand-customer interaction. Go Macca’s!!

Nevada Woman Sentenced For Bitcoin Hitman Plot

At a glance 🔎

• Kristy Lynn Felkins, a Nevada woman, was sentenced to five years in prison for hiring a hitman using Bitcoin to kill her ex-husband.

• Felkins paid 12 Bitcoin (worth $5,000 then, $360,000 now) to a scam site, Besa Mafia, which claimed to offer murder-for-hire services but never executed the plan.

• Despite her intentions, Felkins’ ex-husband was unharmed, and she expressed gratitude that the website was a scam and no harm came to him.

🕵️ Scoops take:

While the story of Kristy Felkins showcases a nefarious use of Bitcoin, it also underscores the inherent traceability of blockchain transactions. This incident highlights the misperception that cryptocurrency is a tool for perfect anonymity. In reality, Bitcoin and other cryptocurrencies provide a public ledger of all transactions, allowing for potential traceability. As such, these technologies, which are often mischaracterised as enablers of illicit activity, can assist law enforcement in tracking and solving cases. As we further embrace the digital age, a deeper understanding of the functionalities and implications of cryptocurrencies will become crucial for everyone.

🪙 CRYPTO CRUNCH

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• Crypto Total Market Cap $1.18T - 24/hour change 0.52%

• Volume Traded 24/hours - $25.61B 31.02%

• We have seen Bitcoin hit the lowers ends of $29K’s in the last day.

• We have had a fruitful first half of the year that has delivered bullish movements in the stock markets which has positively affected crypto.

• We can probably expect Bitcoin to sit in a range for the next few weeks and analysts are still expecting to see Bitcoin hit mid $27k - $28.5K before the next major leg up.

• Whilst the market may feel boring right now, it’s important to watch key levels and not become impatient causing you to jump at opportunities that are not favourable.

• The next major Key level remains $32K, should we pass that, then you can expect onwards to $35K.

  Crypto narratives to focus on this summer

• - AI Tokens

• - Decentralised Exchange Tokens

• - Liquid Staking derivatives projects

• - Metaverse & gaming tokens

• - RWA - Real-world Asset tokens

• - Cross Chain Projects

• - ‘Real Yield’ Bearing tokens/projects

  This feels like a real-life James Bond plot rolling out in real-time.

This week, it’s all about WorldCoin the new project launched by Sam Altman Founder of OpenAI. The company aims to solve the problem of verifying real humans in the new ‘Age of AI’. But would you scan your Iris to give up your Biometric data for $50?!?

Here are the key facts below

• Worldcoin, a cryptocurrency and digital ID project led by OpenAI's CEO Sam Altman, has launched after years of development.

• The project aims to verify users' identity using an eye-scanning "orb," which confirms they are real humans and not bots.

• Worldcoin offers a cryptocurrency that can be used after identity verification, and an app for payments, purchases, and transfers of digital assets.

• During the beta period, over 2 million users participated, and now the project plans to expand eye-scanning operations to 35 cities in 20 countries.

• The Worldcoin cryptocurrency token has been issued to eligible beta participants and is now tradable, with major exchanges like Binance listing it.

• Worldcoin aims to create a privacy-first, decentralized, and inclusive solution to address identity verification challenges in the age of AI.

  Top stories

• New Iris Scanning World Coin Backed by Crypto Blacksheep Launches 

• The sky is the limit for Crypto as Blockchain tech is set to grow rapidly.

• All The Facts You Need About World Coin

😡 THE REKT SECTION 😡

91000F

Here we go again…another influencer promoting a scam.

This time, the loss stands at $100k.

The project stole all of the presale funds and sent them to a wallet drainer.

It was again another excellent find by the investigating GOAT ZachXBT

Check out the full details below.

🏆 WEEKLY WINNER 🏆

Stan Lee Digitial Collection

Sometimes NFTs don’t have to be of the highest value to show there is a demand for them.

Nostalgia can prove to be a huge factor in the success of a project as well as a loyal Web2 community and this is exactly what has happened here.

Kartoon Studios launched the Stan Lee Digital Collection, which consisted of 8294 Stan Lee NFTs, on the 18th of July and it sold out almost immediately raising $120,000 in revenue.

The price to mint the NFT was $15 and now the collection is ranging from $81 to $749.

And that's a wrap for today gang!

Love and sprinkles as always, catch you back here soon for the latest

~ Scoop~

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