The Biggest NFT Drop Ever?

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What's Dropping ⚡️

• ChillChat, a new Create2Earn project, is minting on the Solana blockchain. It's basically Club Penguin for the metaverse. The game is already in beta and their mint date is coming soon.

• The Claiming period for BYOVapes started yesterday for BYOPill holders and runs through literally forever. 1 BYOVape + 1 BYOPill gets you 1 BYOCraft. Substantiated Discord rumor was that BYOLand was coming up next.

• The Punks Comics long-awaited reveal of the Elite Apes that won the title via the Ape Madness contest way back in what seems like 200 NFT years ago was revealed on Tuesday and they're incredible

• Speaking of BYOPills - Legends of Venari inked a partnership deal with BYOPills this week and BYOPills will be integrated into the upcoming Legends of Venari P2E game

• Snoop Dogg is expanding to Solana through a collaboration with Babolex. Sign up to get notified about the details here and join their Discord here.

• Wolf Game revealed the Risky Game on Monday night. There are currently almost 2b $WOOL tokens in play. Wolves are going to make out like bandits.

• OpenSea is IPOing. Massive missed opportunity to drop a token and pull an $ENS

• Still minting: Alpha Girl Club & Harry Files

OpenSea IPO?

Well, the rumors of a potential OpenSea Initial Public Offering on the stock market have been "set straight." There was quite a bit of controversy in the NFT community about whether bringing OpenSea to the public markets would be a positive or negative thing for the company. Overall, the sentiment seemed pretty negative. People argued, "Why not just make a token?", "Let the crypto community invest in a way that is native to the blockchain." NGMI."

Nonetheless, the new CFO, Brian Roberts, released a tweet today setting the records straight about the comment he made to Bloomberg earlier this week. His statement previously was, "When you have a company growing as fast as this one, you’d be foolish not to think about it going public." There were no explicit plans of an IPO in his statement, but obviously, it was on his mind. However, it's clearer now that this is not currently the case... and it's possible that the negative pushback from the NFT community might lead the company in a different direction entirely.

Pak's "Mass"ive NFT Drop

A leader in the NFT space, Pak (@muratpak) has just absolutely smashed the record for the highest-grossing NFT art sale ever for Nifty Gateway - the "The Merge" collection. In total, over $91.8 MILLION USD was spent on "mass" which is what makes up the 250,000 NFTs in the nifty gateway collection.

The auction started December 2nd and ran until the 4th in which every time you bought a mass token you could merge it with your existing tokens to create on "mass". There are over 26,000 holders of these mass tokens with 266,444 tokens purchased total. The name of the game? The bigger the mass you have the better. The Merge project has built-in scarcity mechanics in which token supply will reduce over time because every time a mass token is transferred it is combined with the recipient's mass token.

Needless to say, this NFT drop is absolutely crazy and a huge congratulations to all the holders - although many rumored this project to be the biggest NFT Drop ever, The 10,000 Mutant Ape Yacht Club still holds that record with the $96 million drop back in August.

Meme Drop 💧

Disclaimer: The Drop DOES NOT provide financial advice. All content is for informational purposes only. The Drop is not a registered investment, legal, or tax advisor or a broker/dealer. Trading any crypto-related asset is extremely risky and could result in significant capital losses.

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