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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!

What's Dropping ⚡️

• The Cryptonaut NFT collection - comes with an action packed collection of physical swag, priority whitelisting, & access to private Blockzero Discords. They also come pre-loaded with $XIO tokens, the native Blockzero Labs token. Cryptonaut holders can burn the NFT to remove $XIO tokens inside, making them deflationary. Visit the Opensea auction to get a Cryptonaut!

• On twitter we came across a heart warming viral post. @sapherapeters sold her first NFT - a feeling like no other . Check her work out here!

• Universal Music launched a Web 3 focused label imprint called 10:22PM with founder Celine Joshua. 10:22pm's first project is the worlds first NFT fronted Metaverse supergroup consisting of four Apes (3 BAYC and 1 MAYC) from the beyond insane collection of the legendary J1mmy.eth. The concept was lead and created by Nicholas Adler. We spoke with Nick and will have a bit of a deep dive into the project early next week for you all!

• Cool Cats has been dropping the BEST sneak peaks all week. Wen $MILK?.

• Jimmy Fallon bought an Ape and told Beeple all about it who stopped by the show to talk about his $29m sale of Human One (more on this later).

• $GM (which is a cryptocurrency rallied around the NFT slang "gm" for good morning) has ROCKETED in the past couple days and broke all time highs today.

Beeple's "HUMAN ONE" Sells For $29 Million 💰

Not a huge surprise to many, the famed digital artist Beeple sold his latest piece for $29 million at Christie's auction to a Swiss collector and venture capitalist. Unlike his most recent sale (The First 5,000 Days which sold for $69 Million), Human One was a  seven-foot-tall structure made of LED screens that on every panel that displayed an astronaut walking through various landscapes.

As you can see above, as you walk around the structure a full 3-D effect takes place and it looks like the astronaut is fully there in the flesh. On top of this, Beeple was then invited onto Jimmy Fallon's Tonight Show to talk about the sale!

Yes you heard the correctly, Jimmy Fallon aped in and now is apart of the Bored Ape Yacht Club and you can see his suspected epic purchase here. 

All Avatar Power Rankings

INSIGHTS: Top 30 is down today (-3%). Top 30 is having a down week (-13%) The vast majority of the top 30 projects showed zero change today. @BoryokuDragonz finally stopped its upward ascent since launching 9 days ago. It still may be able to crack the top 10 in just 10 days.

Discord: Yay to Nay 😔

We all saw Discord's founder Jason Citron come out with this tweet below that had the entire web3 and NFT community buzzing.

Now he is walking back his statements/photo...

"Thanks for all the perspectives everyone. We have no current plans to ship this internal concept. For now we're focused on protecting users from spam, scams and fraud. Web3 has lots of good but also lots of problems we need to work through at our scale. More soon" - @jasoncitron 

Huge bummer in our opinion because Discord right now is the heartbeat of the NFT community and we would all love to see them embrace it. I guess for now we will have to wait.

Epic Thread 💎

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.

Follow the team:

Gannon Breslin, Kayla Kilbride, CryptoVonDoom, Nathan Roth

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