Doodles Are Going To Space

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What's Dropping ⚡️

• OpenSea upstart competitor LooksRare did exactly what OpenSea should have been doing all along yesterday and made $LOOKS available for NFT buyers worldwide. Claim is only availabe for the next few days.

• Those of us who purchased BOXES of Gary Vaynerchuk’s newest book were able to claim their Book Games tokens yesterday.

• Chubby Kaiju DAO, the first project to offer $SOS as an option to purchase, is completely sold out and currently has a floor of 0.2 ETH.

• PhantaBear by artist Jay Chou is clearly the hottest drop of the week. Current floor is over 6 ETH Instant with over 20k in secondary sales.

• Cold Blooded Creepz revealed their Genesis collection this weekend and the floor continues to climb and supply continues to dwindle.

• Lostboy announced a partnership with BYOPills and they’re jointly creating the soundtrack to the BYOVerse.

• EVERYTHING is up. Reb3l Bots, Women and Weapons, Mories and Alien Frens are all flying.

• Alex Lieberman is on a mission to barter his way up to a CryptoPunk. Follow his journey here.

• The Mutant M3 Serum Buyer (@dt_chain) also purchased an ultra-rare Doodle for 220 ETH ($777,000 USD).

• Alien Frens hint at mutants and the floor has rejoiced to 3.15 ETH.

GameStop NFT Marketplace 🎮

Back in 2021, do you remember when everyone, including your grandmother, knew about Gamestop, and what was happening with its stock? Well, it might be happening again, but for different reasons. Gamestop (GME) has been hinting at becoming a player in the cryptocurrency/NFT space for some time now. Back on the Q3 earnings call in December of 2021, Matt Furlong, CEO of GME, said, “We've also been exploring emerging opportunities in blockchain, NFTs, and Web 3.0 gaming.” Since then, we have seen job listings pop up that have keywords, such as “NFT” and “Web 3.0”. It would appear that we have just gotten the first real taste of that message.

According to an article in the Wall Street Journal on January 6, GME has hired upwards of 20 people to spearhead an effort to create and launch an NFT trading platform. They want to build a platform that allows their users to buy and sell NFTs, along with video game add-ons, such as avatar skins. And upon news of this venture, GME’s stock price rose about 20%, after hours.

With GME joining this space, it might seem as though it’ll be easy to capitalize on the market share, especially NFTs that relate to other video games. They already sell video games, and on top of that, they hold a special place in all our hearts.  But, with major players entering this market, even ones that do not have a centralized backing, it may be easier said than done. Is GME going to get a victory in Warzone, or are they going to head back to the lobby after encountering OpenSea in the gulag? Let’s wait and see.

We will be monitoring this story as more information is released.

Doodles Are Going To Space 🌙

Doodles, a collection of 10,000 colorful doodle characters, is innovating on the Ethereum blockchain again. A collection that sold out in October of 2021, without much of a roadmap at all, now has a floor price sitting above 10 ETH. The founder of Doodles, best known as Poopie.eth, was also one of the masterminds behind CryptoKitties. And some brief history for those of you who aren’t familiar with CryptoKitties, these digital cats were the world's first ever ERC-721 token (which is the standard interface for Non-Fungible Tokens). CryptoKitties could be bought, sold, and bred with other Kitties to create even more Kitties! So it’s no wonder why people had so much faith in the ex-product lead of cryptokitties (Poopie.eth) to put forth even more value through Doodles... and that’s exactly what the founder is doing!

Doodles are now releasing an innovative & non-dilutive option for Doodle owners to basically get a “re-roll” of rarities on their current Doodle NFT through the new Space Doodle Wrapped NFT. To compare it to something you might be familiar with, think of how Bored Apes were given a Serum to mutate their original, virgin apes. If owners chose to drink the Serum, the Serum NFT would be destroyed and owners would receive a Mutant Ape in return— thus, increasing the supply of Apes. The difference between Apes and Doodles is that Space Doodles will not increase the supply. Owners may choose to board a ship that will “wrap” their original Doodle into space! New Space Doodle traits may reveal an even greater rarity for owners! However, owners will only be able to hold one in their wallet at a time, though they can wrap/unwrap as many times as they’d like. Also, if a Space Doodle is sold, the new owner will be able to wrap and unwrap the Doodle. Which leaves us with one question: what is the point? And the answer, in the words of Poopie.eth is simply that they want you to have “an even greater love for your Doodles.” This is not the end of the roadmap for this colorful blue-chip project, and we’re excited to see what else they might bring to the space (pun intended).

 🚨 NFT Buzz Project Breakdowns 🚨

In the other day's video The Donut Shop NFT, Notorious Alien Space Agents, Jacked Ape Club, and Tasty Bones

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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