Cool Monkes Next Up

JiggyVerse NFT, PVNKS, Hypebears

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!

Happy Tuesday,

Today's issue is jammed packed with all sorts of alpha and news. We even threw in a raffle at the bottom so make sure to read till the end! Last but not least, we want to thank you for the support on Twitter for we recently crossed 50,000 followers! The next goal is to get our Instagram to 10,000 - you can follow that here 😊 

🚨 This newsletter is sponsored by FTX:

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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 🔥 

Additionally, FTX US is running an NFT giveaway until January 31st for users that sign up for FTX US (web or mobile)! Enter promo code NFTJAN22 and trade at least $50 worth of NFTs and you can win some insane prizes

What's Dropping

  • The Jiggys are changing the narrative of NFT drops by releasing a demo game BEFORE mint providing an interactive experience to get on the whitelist. Solve their treasure hunt to get a FREE NFT. (more on that later)

  • Massive drama over OpenSea where someone was able to "steal/exploit" over $880k worth of NFTs. We put quotations around "steal/exploit" because it was part operational error part UI/UX short-sighting of OpenSea - full breakdown here.

  • Hypebears is a project that has blown up to unprecedented levels. You can see the incredible animations here and jump in their discord before their massive launch in February.

  • This Azuki sneak peek is giving us chills.

  • BAYC yet again makes an appearance on The Tonight Show as Paris Hilton and Jimmy Fallon compare their respective Apes. See the clip here.

  • Cold Blooded Creepz has exploded. Genesis floor is now 7.5 ETH, Armory is 1.65 ETH, Invasion Passes are 0.7 ETH and Creepz token $LOOMI just hit a high of $0.519 per as of this writing. Every Genesis Creepz is worth at least 1,500 a day, minus the 25% Overlord tax netting holders $600 per day, per creep at this price point. Shapeshifters along with a surprise mint starts today at 11:30 am PST. Only available with $LOOMI.

  • Shibuya Girls mints this week and if you’re quick enough you can snag a Whitelist spot in our Discord.

  • VISA/FTX card to allow payments in crypto at millions of merchants worldwide with 0 fees. Get trading and buying NFTs with FTX here.

  • The Red Village’s second expansion pack, The Mystics public sale starts today at 1pm PST.

🐵 Cool Monkes 😎

There are some new monkeys in town. And this time, they’re not Apes. They’re Monkes. The Cool Monkes minted on January 17th at a cost of 0.06 ETH, roughly $200 in fiat at the time. The entire mint, both presale, and public sold out in 15 minutes. Containing over 250 individual hand-drawn traits, this collection of 9,999 unique NFTs has a variety of attributes. Each Monke has 4 separate traits, derived from 8 different rarities. And to be fair, they’re really cute.

After the mint, volume stayed consistent at an average price of 0.14 ETH, according to OpenSea. But on last Friday, sales started flying with an average price of 0.29 ETH. The floor at the time of writing was 0.7 ETH! The volume in the first 5 days of secondary trading was approximately 760 ETH, but it is currently at an all-time volume of 3,289 ETH, at the time of writing.

The project aims to provide a few forms of liquidity to their investors, according to their website. The first is in the form of staking, where you can send you Cool Monke to work and earn $CMB, the native token of the project. The higher rarity Monke that you have, the more $CMB you are rewarded through staking. The second form is breeding. If you hold 2 or more Cool Monkes, you can breed them and create a Baby Cool Monke, which is the second collection that the project aims to release. You will also have the ability to raise your Baby Cool Monke into a kid or adult in an interactive PvE experience that the project aims to release. The final form of utility is the ability to buy food, toys, and clothes in the Monkes Store, using the $CMB you earned.

This project is one to definitely keep your eyes on in this saturated market. The team has some big plans and the community is patiently waiting to see what is next. WAGMI.

JiggyVerse NFT 🎮

Vibe alert! Back in September 2021, Alex Pearlman, an acrylic painter and digital artist from San Diego CA, started the release of a “Jiggy” NFT Genesis Collection. The collection now has 100 Genesis Jiggy’s, and picked up a bit of volume yesterday; the most recent sale coming in at 1.89ETH. Then the artist and a developer team announced mid-November that they would be working on a multi-year plan to create the “JiggyVerse gaming experience.” And it looks like things are rolling quickly! The JiggyVerse— a collection of 9,444 Jiggy's built for the immersive, art-game experience— just launched a DemoVerse for users to play before the launch of their collection!

The online experiences already being offered to the community pre-launch is pretty remarkable. If you explore the DemoVerse, you’ll see that this is not just your average pfp collection. In the DemoVerse, you can explore part of the creative world that will be released in even greater detail after the launch! In the DemoVerse, players will even have the ability to unlock a free NFT and enter the whitelist simply by playing and exploring. With about 2,300 Discord members and 1,250 Twitter followers, it’s still pretty early to be coming across such a dope project. We’ll for sure be keeping our eye on this one, and are looking forward to seeing what else Pearlman and his team create.

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

Artist Spotlight: Gerhard Human & PVNKS 🎨

Gerhard Human is an internationally acclaimed artist who has had his work featured on MTV, Booooooom, Juxtapoz, Hi-Fructose, and Vimeo Staff Picks. His latest project “Repeat Offenders” launches 31 Jan on PVNKS.com

Launch Date: 1/31/22 for 0.04 ETH each (supply 6666)

Important Links: Website, Twitter, Discord

 🚨 Hypebears NFT Raffle 🚨

Winners will be announced in our discord in less than 24 hours!

Meme 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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