Up & Coming NFT Projects

What's Dropping, NFT Market Bounce, & More

March 02, 2022

Welcome to The Drop NFT Newsletter. Subscribe and join the discord for breaking NFT news, project breakdowns, & artist spotlights. Thank you for following along on this journey!

🚨 This newsletter is sponsored by FTX:

FTX US is a regulated crypto exchange that hosts some of the highest amounts of trading volume and daily active users in the industry. 

On top of this, FTX US offers desktop and mobile trading of Ethereum + Solana NFTs with NO GAS FEES! Start your FTX journey today by getting set up here 🔥 

What's Dropping ⚡

  • Loveless City’s MetroPass mints this Friday.

  • "Kevin" a species trait from the failed Pixelmon project, has a floor price that has skyrocketed to huge heights (currently 5.6 ETH) after the NFT has gained meme stardom.

  • How many of you remember this? Answer honestly.

  • Wonderpals sold out and currently hold a 0.85 ETH floor.

  • Boss Beauties have officially announced their partnership with Barbie.

  • Snoop Dogg keeps dropping tracks.

  • Tribes announced a partnership with The Land Vault and released a stellar teaser video for their epic Sandbox build. Rich with story and visuals, this project mints on Monday the 7th.

  • Puma is clearly all about the cats. Between their new Cool Cats PFP, a Catblox partnership a Gutter Cat Gang partnership and a Lazy Lions partnership Puma’s has all the cat related bases covered.

  • BYOCraft claiming will begin on March 10th for BYOPill and BYOVape holders. Claim window is two weeks so if you’re holding down miss out, the last asset they dropped was BYOLand which now has a floor hovering around 1.8 ETH.

Up And Coming Projects 🚀

The Idols NFT

The Idols NFT (minting 11 am EST, 5th March) is a new NFT x DeFi project in official collaboration with Lido Finance and is pushing the boundaries of true community alignment. 100% of funds raised during the mint will be staked in our immutable treasury forever, with 100% of staking income distributed to the 10k Idol NFTs. $VIRTUE (the project's ERC-20 token) stakers receive 100% of the 7.5% commission charged on secondary trades.

🚨 Important Links 🚨: Discord, Website, Twitter

Scardust

SCARDUST is the token that powers a comic cryptoverse including an animated mini-series and a P2E tournament-style fighting game with digital collectibles, weapons, wearables, land parcels, and more. Marvel & DC comic artist Ryan Benjamin has recently joined the team to design an NFT release that will inspire the classic Street Fighter-like P2E game. SCARDust is also forming the SCARd Foundation, a nonprofit that will promote mental health awareness and well-being, with MMA Champion Brandon Vera on the board of directors. The team is fully doxxed and building a highly engaging ecosystem with valuable partners and incentives for holders.

🚨 Important Links 🚨: Telegram, Website, Twitter

Freaked Out Piggies

Freaked Out Piggies project aiming to build a Mental Health club in the NFT space and larger metaverse.Project Utility:-30 ETH will be gifted to the community after the public sale-cool and awesome fully hand-drawn artwork-monthly 30% of royalty fees gifted to the community-mental health free services for the community- and more....

To participate in the private sale you can be whitelisted through the project discord channel below.

🚨 Important Links 🚨: Discord, Website, Twitter

Collections featured in our up-and-coming include paid advertising in order that we may inform our audience of all projects that come across our radar. please do additional due diligence, as we have not had the ability to speak with each of the teams or creators behind these collections.

NFT Market Bounces Back 📈

On the night of the Russian invasion, many NFT/Crypto investors panicked and sold off their digital assets at a discount. It is a common practice to redirect capital out of riskier investments into more stable assets during moments of global instability. However, the crypto market’s speedy rebound told the world is that people are beginning to appreciate the safety and reliability of digital assets.

For example, a week ago we witnessed Canada freeze the bank accounts of its citizens participating in anti mandate protests. For many, this draconian measure made it apparent that they may not be as free as they think they are. Anybody who had their account frozen realized that they don’t actually own their money if it is centralized by a nation-state. The nation-state behaves as a middleman between you and all of the stuff you nominally own and can at any moment refuse to honor your ownership. In other words, your ownership is mediated and subject to being revoked by another more powerful agency. Doesn’t sound like ownership, does it?

It is an interesting thought experiment to compare moving money into Bitcoin vs. Gold for the purpose of storing value. If you move it into Bitcoin, that capital is always available to you insofar as the blockchain is operating; you own the Bitcoin directly. If you store value in gold, and you go the common route of purchasing it through a trading platform, you don’t actually own any gold, the trading platform is just telling you that you do and could default on their promise if things go south for them. IRL currencies are only as strong as the strength of nation-states operating successfully. Geo-political instability may send capital flying towards the more promising cryptocurrencies. As we have seen over the past couple of days cryptocurrencies have had a turn around and are back to levels before the invasion.

Worth The Read 📚

Meme Drop 💧

Oscar worthy if you ask me...

FTX US NFT Marketplace 🔥

The Drop is ecstatic that we are now a partner with FTX, one of the biggest crypto exchanges in the world. Even more epic is how incredibly fast the team at FTX was able to create the ultimate NFT marketplace.

On the FTX desktop, you can buy and sell NFTs with gas-free NFT trading and keep everything in one spot with all things crypto. Buy your crypto and get busy trading right away with no hassle. To have your crypto and NFT trading all under one seamless platform click here.

Recent Articles 📰

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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