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Cool Cats' Huge Announcement

BAYC Counsel + Yaku Corp Rebrand

Welcome to The Drop NFT Newsletter. Breaking NFT news, project breakdowns, & artist spotlights.

The Drop is ecstatic that we are a partner with Monuverse, a Crypto Art project pushing the world’s cultural heritage to the next level. Episode I is out, click here to join the allowlist now.

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gm, it's almost FRIDAY! We hope everyone has had a great week so far 😊 

  • OpenSea allows users to now purchase and list NFTs in bulk. (CT)

  • Shopping.io has partnered with Polygon to allow Amazon purchases using MATIC, allowing for crypto purchases with minimal gas fees. (watcher)

  • In yesterday's poll, we asked if readers are bullish on VeeFriends. The results are in: 73% of voters are bullish, 27% not so much.

  • Gaming giant Ubisoft invests in NFT game creators Horizon. (DT)

  • The CEO of Coinbase Brian Armstrong announces COIN, a documentary following the company's lifetime that will be premiering this Friday. (brian_armstrong)

  • What is the main draw of NFTs in the public eye? Many say that quality utilities in NFTs will be the catalyst. (CT)

  • Recent governmental decisions in Japan reflect an interest in metaverse expansion. (CD)

  • The messaging service Telegram will soon allow users to trade cryptocurrencies peer to peer. (BW)

  • Solana NFT Sales Jump in September Amid High Profile Projects: Report. (CD)

  • GMers NFT shows off their incubator, a tool that will bring top-notch projects as voted by the project committee to help with their minting process as well as provide post-mint partnerships. (@GM_Labs)

Cool Cats' Partners With Animoca Brands 🐱

Animoca Brands has done it again. They’ve discovered an ecosystem in Web3 that they are partnering with to take to the next level. We’ve seen it with Sandbox. We’ve seen it with Axie Infinity. Now, we’re going to see it with the Cool Cats.

Announced yesterday, the Cool Cats are partnering with Animoca Brands to:

“drive [their] mission to become the largest global NFT brand and a robust media and content company, including through the expansion of its gaming offerings.”

Back on September 1st, the Cool Cats announced that they were partnering with GAMEE, which is a subsidiary of Animoca. But the Executive Chairman of the Cool Cats, Ken Cron, and the Executive Chairman of Animoca, Yat Sui, have a longstanding relationship, so it makes sense for the parent company to also take part in their own venture. According to Sui, “Cool Cats is a leading example of metaverse native IP based on the principle of decentralized ownership… Our belief in what the Cool Cats team has built, along with our commitment to the NFT space – which we believe will unlock the next frontier of gaming – could not be stronger.” And with their heavy investment in the metaverse category, Animoca believes that the Cool Cats fit into their vision.

As we all know, the Cool Cats have been pioneers in the NFT space. Back when NFTs weren’t even a thing, the Cool Cats founder would sell art at farmers/art markets. This is how old Cool Cats is. This vision has been alive even before they transcended into pictures on the blockchain. With this partnership, we can see that Animoca sees that, and believes that the project has very good IP and a community to back it up. In the bear market, we’re seeing these types of ventures more and more by Web2 companies. These types of investments are what will take NFTs to the next level in the next bull cycle. WAGMI.

BAYC Forms A Counsel 👥

Amid the flurry of GM’s and WAGMI’s that mark every corner of the NFT world, it can perhaps be difficult to decipher who expresses these encouraging ideas with authentic intention. It’s no secret that the BAYC community has a lot of active players in its roster; taking the IP and leveraging it in powerful ways that both benefit the initiator, and enrich the NFT project as a whole. In standard fashion, Yuga Labs is once again demonstrating administrative innovation by calling upon seven exceptionally driven and community-oriented Apes to serve as Community Council for BAYC. Yuga took note of the fact that the volume of BAYC community-led initiatives is increasing rapidly and responded by ensuring that all of the groundbreaking work receives ample support and assistance from BAYC. 

The roster includes leaders of the space like Josh Ong and Peter Fang who have organized splendid IRL meetups for BAYC holders. It includes day ones like 0xWave who helped run the BAYC Discord when it launched and helped new members feel at home. It also includes people who do the communicative work for BAYC like Laura Rod 0xEthan, both of whom interpret the community and represent it. Many projects fail because they don’t figure out some way to cultivate and preserve the inspired energies of their holders. BAYC has been doing that successfully and is now positioning itself to cash in on the energy some more. 

Yaku Corp Rebrands To A New Yaku

Yaku, a Cyberpunk-focused Metaverse in the Solana ecosystem released a product update on Monday. This time it wasn't a new collection, but a transition to a beta version of yaku.ai, a cross-chain application built with a refined vision of Yaku. "The goal of Yaku was always to connect everyone in Web3. Today we're building with a broader vision than just a Metaverse."

With a global brand focused on getting everyone together in one place, Yaku is building a cross-chain application that includes on-chain social media, aggregated NFT marketplace with built-in charts and full Metaverse integration, HR tools for Web3 businesses, and many more. With their detailed vision ready to be brought to life at their fingertips, Yaku is building a bridge that connects projects, communities, users, and everyone in Web3, without ignoring the friction between Web2&3, by organizing information and making it universally accessible for people to connect, learn and manage their web3 lives or projects.

Apart from connecting users with projects and communities, users are also given protection in terms of user content ownership with NFT and $YAKU (native token) rewards for post/comments, censorship, and content authenticity with on-chain data. And this is just one out of the plethora of solutions that the new central Social & Utility platform comes with.

🚨 The Drop Store is LIVE if you haven't gotten our swag make sure to buy before it's gone (OG Collection will be gone forever). See the merch HERE.

Sponsored Content: Monuverse is a partner of The Drop.

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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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