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Cool Cats get a lifeline thanks to Animoca
Gaming brands invest into Web3
Welcome to the Exit Liquidity newsletter, the place to stay up to date on the ridiculous things that happen in the Crypto, NFTs & Web3. If you are looking to join the community check out the AlphaMint Discord where all the degens gather to chat in the dojo.
We're back with another episode of the Exit Liquidity show. We mentioned how last week we were unable to record, but we didn't skip this week. With so much happening, even in this low volume market, y'all knew we were going to record.
In this week's episode we talk about the bail out that Cool Cats received in the form Animoca Brands. Jokes aside, it's a great partnership and is definitely the lifeline that the brand needed. They were definitely on their way to being a slow rug that was once a dominate blue chip NFT project. Animoca is definitely taking advantage of the current blood in the streets. It seems they are getting in on everything in the space with their biggest project yet to come in form of Yuga Labs' Otherside metaverse.
We also talk about different NFT trading styles and the benefits of holding vs flipping NFTs. We talk about a few well known traders and holders in the space and how much ETH profit they have made. It's unreal to see volume vs conviction plays. We also talk about the latest merch fad in the space. It seems like every project is announcing the same style of merch. If you want to find out what it is take a listen to the episode and get caught up on much more.
Crypto
Binance blockchain, BNB chain, is exploited and hacked for over $100M in assets
Fidelity reveals they have $5M Ethereum Index Fund
In this newsletter's episode of What Shitty Thing Did Celsius Do Now? Celsius CEO and top execs withdrew around $42M in assets before assets were frozen on the platform and the company claimed bankruptcy
NFTs
Cool Cats NFT partners with Animoca Brands. We think Animoca is probably going to take over the NFT space at this point
VeeFriends partners with Macy’s and Toys “R” Us to release figure and plush collectibles
3Landers teases a toy drop
Tally Labs via the Jenkins the Valet Medium release an update on the failed Azurian Avatars and what's next
LinksDAO announces partnership and discounts with Golfbreaks
OpenSea releases bulk NFT buying
Art Blocks drops an update on The Next Stage of Art Blocks which includes a new smart contract and a new website
All of the NFTs from Starry Night Capital NFT (previously owned and managed by Three Arrows Capital and legendary degen VincentVanDough aka VVD) have been transferred to a new wallet to start the liquidation process
Yuga Labs announces the inaugural BAYC community council
10KTF's battle participants with specific roles can claim an ERC-721 token that can be redeemed for a commemorative NFT of official 10KTF collectible artwork and a physical Kagami
RTFKT teases an Orbitar Planet (we don't know what that is either) to continue Clonetober
Probably Nothing partners with Warner Music and drops the Probably A Label NFT
Web3
Horizon raises $40M in a Series A with Take-Two Interactive Software Inc. (owners of Rockstar, 2k, and Zynga), Unisoft and more
Mythical Games is launching Mythos Foundation, a Web3 Gaming DAO, which includes many big name gaming companies and their token $MYTH
Japan's Prime Minister says the country plans to invest into Web3 businesses, NFTs and the metaverse. Those waifu NFTs lookin' real good now, huh?
Decentraland announces metaverse music festival
Disclaimer: The Exit Liquidity Newsletter is meant to be an informational and entertaining way to share interesting things found in and around the Crypto, NFT and Web3 space. Nothing in this newsletter should be taken as the contributor's, Exit Liquidity's or AlphaMint's personal opinion or views. Nothing in this newsletter constitutes as professional and/or financial advice. Cryptocurrencies and crypto-related assets can be extremely risky investments, invest at your own risk.
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Exit Liquidity is an AlphaMint project.