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  • Yuga Drop Cinematic Teaser! Whats next for BAYC + The Otherside ?!?

Yuga Drop Cinematic Teaser! Whats next for BAYC + The Otherside ?!?

Yuga labs ā€˜Othersideā€™ drop Cinematic Teaser video

Yuga labs have dominated the NFT space, but check their latest teaser video for their anticipated Otherside metaverseā€¦ are the team now setting their sights on Hollywood?!.

This is masterful work and itā€™s where we see the puck moving. Brand building at its finest through immersive storytelling with collectors owning rights to the characters that bring it all to life... In this caseā€¦ Land, Apes, Mutants, Kodas etc.

Get your popcorn ready! Enjoy.

Sneaks of Nature Deliver Mint Experience ā€˜Like No Otherā€™

The anticipated project from Ikonick and artist Jeff Cole ā€˜Sneaks of Natureā€™ just dropped yesterday. The ā€˜Sneakā€™ Avatars as expected look top-notch. They are crisp, clean, oozing nostalgia and pop culture. The team has ambitions to grow the brand into a household franchise.

Now.. time for the juicy goss. The community went wild for the mint experience. Describing it as an experience like no other that has changed the game. Here are a few snippets from the community.

Bravo to the team. Starting off strong we are excited to see this franchise grow arms & legs.

Scoops of the Week šŸ¦

šŸ¦ Michael Saylor Tax Fraud Allegation

šŸ¦Hackers Attempt to Sell NFT of World Leaderā€™s Stolen Passport

šŸ¦Venture Capital Investments set to double

šŸ¦Proof Collective Next Step Raises Impressive Sum

šŸ¦Ticketmaster Finds Partner to Roll Out NFT Tickets

Michael Saylor Tax Fraud Allegation

Itā€™s not been long since Michael Saylor sailed from his CEO role and into his new role of Chairman at MicroStrategy.

Well, the start is certainly not going as expected with Washington DCā€™s Attorney General accusing Saylor of avoiding more than $25m of taxes.

It is alleged the now Chairman is being sued for tax fraud as he pretended to live in Florida when in-fact resided in Washington DC.

This claim arose from Private Jet Logs with Saylor openly bragging about tax evasion.

As always, we provide information and not advice, but we will stick our neck out with this oneā€¦.. do not brag about a crime in public.

Hackers Attempt to Sell NFT of World Leaderā€™s Stolen Passport

As far as world leaderā€™s go Belarus donā€™t top the popularity contest.

Well, a hacking group within the country, known as The Belarusian Cyber Partisans, has been attempting to sell an NFT with what they claim to be Alexander Lukashenkoā€™s passport information.

The group also outlined that they intend to sell NFTs containing the passport data of other senior government figures with ties to Lukashenko.

What do you reckon outgoing British Prime Minister Boris Johnsonā€™s Passport NFT would be worth and why is it 0.2 ETH.

Venture Capital Investments set to double

We love hearing about the continued growth of our space after all we are here to take over.

In what was a huge positive boost to the industry it has been announced that Venture Capital Firms invested $33bn in crypto and blockchain startups and are on pace to nearly double this sum in 2022.

As a new startup involved in Web3 our investment memo was clearly missed.

Proof Collective Next Step Raises Impressive Sum

We recently informed you that Proof Collective will release full details of their next steps at the ā€˜Future Proofā€™ conference in augustā€¦.we have a big update.

Itā€™s been announced that the company will be moving itā€™s collection completely ā€œin chainā€ meaning that images will be fully contained within the underlying smart contract.

The announcements didnā€™t just stop thereā€¦. $50m has been raised in a Series A funding round.

Whatā€™s a blue-chip project that doesnā€™t announce exciting news in 3sā€¦.. exactly.

The next big announcement was that the first official expansion of Moonbirds known as Moonbird Mythics is expected to launch early next year with the collection containing 20,000 NFTs.

Ticketmaster Finds Partner to Roll Out NFT Tickets

This is what we told you last monthā€¦..ā€œWe have already witnessed paper tickets virtually phased out for digital tickets and with Ticketmaster being the driving force of the NFT ticket space this move could happen sooner rather than later.

The driving force have lapped the competition and are zooming into the distance with their latest partnership.

The ticketing giants have partnered with Blockchain firm Dapper Labs with the purpose of issuing NFTs for live events.

The NFTs are to serve as a sharable form of digital memorabilia.

In case you arenā€™t aware of Ticketmasterā€™s NFT activity to date, they have created a wallet feature on its website as well as a digital marketplace.

Their previous mint of 70,000 Superbowl tickets was such a success the partnership with the NFL has been extended

Itā€™s a long way back into the distance for Ticketmasterā€™s competitors as they are lapped for the 2nd time.

Funding Fire šŸ”„

Quick-fire round of who has been funded this week:

Stacked Studios - Web3 start-up closes $13M Series A led by Pantera Capital - The company has the goal of being the ā€˜Twitch of Web3ā€™

Koop - Raises $5M - Natalia Murillo co-founded with CTO Conner Chyung - Protocol that helps creators and communities launch NFT-based membership passes to raise funds for projects.

Proof collective raises a further $50M as mentioned above!

Reddit Cofounder - Alexis Ohanianā€™s VC firm Seven Seven Six - looking to raise $177.6M for new fund Kryptos - Focused on Web3 Start ups.

Scoopā€™s Weekly Winner šŸ†

And Degods have been cooking up a storm! As mentioned in the previous Scoop, creator Frank Degods is dropping his next project Y00tsā€¦ + people are crying to get on the Y00tlist. We havenā€™t seen anything like this since Invisible Friends.

In the lead-up, to Y00ts launch, Degods Item number 270 was purchased yesterday for 7033 Sol ($221,177.31)

Currently, in todayā€™s market, this would get you 2 Floor Apesā€¦.

Will the entire NFT space be paying homage to ā€˜Degodsā€™ Soon? Pay close attention.

REKT SECTION šŸ˜”

Itā€™s not often a REKT story will contain both parties but such is life there are always exceptions.

Unnamed Australian Citizen and Crypto.comā€¦ā€¦ Welcome to REKT

The story goes as follows:

An unnamed Australian Citizen sought a $100 refund from the Exchange site Crypto.com in May last year.

All seems fairly normal so farā€¦. until Crypto.com accidentally sent the citizen $10m and did not realize that this error had been made until 7 months later during an end-of-year audit.

Knowingly in receipt of the incorrect sum, the Citizen thought they hit the jackpot and decided to spend the sum on a mansion in the Melbourne suburb of Craigieburn, complete with a home cinema and gym.

Well, the matter ended up in the hands of the court and a judge has now reportedly ordered the property be sold and for the exchangeā€™s money to be paid back.

An embarrassing ordeal for all involved.

Disclaimer

The NFT Scoop newsletter or podcast is not financial advice, it is provided for educational, informational, and entertainment purposes only.

NFTā€™s can be highly illiquid markets, causing sharp drops in prices due to changes in narratives and trends.

We would love to get to know you and maybe grab a sundae one day šŸØšŸØ