FewoWorld By FEWOCiOUS

What's Dropping, NFTs Aren't Just JPEGs, And More

April 08, 2022

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What's Dropping ⚡️

  • Spells of Genesis (SoG) is generally known as one of the first play-to-earn blockchain games. As their five-year anniversary approaches, developers EverdreamSoft announce plans to open an NFT History Museum within the CryptoVoxels metaverse. This virtual exhibit will host a variety of digital arts displayed.

  • Talented 13-year-old artist becomes multi-millionaire after huge sales of collection "Long Neck ladies". This young artist has combined her love for dinosaurs and her appreciation for women empowerment and art communities. Her talent has garnered her success, as well as Time Magazines' "Artist in Residence" honor.

  • CEO of Twitter Jack Dorsey recently sold his first tweet as an NFT. The piece sold for 2.9 million and represents an impactful time in technologies history.

  • The highly anticipated anime-themed project Shinsekai minted out completely yesterday and has already surpassed 4k ETH in secondary sales. They claim to be "Building the greatest NFT manga community", and have connections with critically acclaimed projects such as Azuki. This interesting project has great 3D avatars and deep lore to back them up.

  • We may be closer to purchasing everyday items with cryptocurrency than we think. San-Francisco-based e-commerce start-up Bolt is attempting to acquire the already solidified crypto exchange Wyre. This partnership/acquisition will push for new commerce solutions for the general public.

  • Cryptocurrency trading platform eToro wants to pump NFTs, recently unveiling a $20 million fund to purchase a number of projects. They have already started collecting blue chips to support their initiative called eToro.art.

  • Jim Carrey announces a break from acting and interest in NFTs. He has shared his plans for an April release of his project he calls "Magic Hour". Currently little is known about the subject matter.

  • Ghxsts announce they are partnering with the Chicago Bulls NBA team on a special project.

  • Dingaling purchases Azuki Spirit Goodness Grail (top 15 rarity) for 275 WETH on LooksRare.

FEWOCiOUS Drops FewoWorld 🚀

From being featured in a Sotheby's auction back in October 2021 to now selling $20 million in one drop. The legend FEWOCiOUS has done it again.

Victor currently resides in Seattle Washington

Victor Langlois at the mere age of 19 years old has sold over $50 million in NFTs in the past year. His latest collection, Paint, has amassed the title of the third-largest drop on Nifty Gateway. Each NFT comes with a select number of “Paint,” which FEWOCiOUS refers to as “the building block to everything” in FewoWorld. The Paint will be used to further enhance the characters, Fewos, that Langlois plans on releasing at a future date.

FEWOCiOUS has cemented his position as one of the most successful artists in this space. At such a young age, he has proven to change the paradox behind NFT projects. Sell the add ons first. Then the actual characters. This creates an ecosystem that evolves while still capturing interest constantly. WAGMI.

According to Esquire, "Now he is the youngest artist ever to be featured by Christie’s and the first to crash its site". Needless to say, you will be hearing more and more about Victor in this space because everything he touches seems to turn to gold... or should I say paint?

To learn more about FewoWorld check it out here. 

 NFTs Aren't Just JPEGs 😡

In the day-to-day frenzy of NFT trading, it is sometimes difficult to pull back and remember what NFTs are other than tradeable assets that are visually appealing. The graph below situates NFTs in the broader Web3 ecosystem and goes into the various forks that have developed and are developing out of NFTs in particular.

As NFT traders we either take it for granted or forget to remember that a great deal of the value of our JPEGs comes from the sophisticated coding strategies that entitle each of those JPEGs to a particular user. In the real world, it takes lawyers, contracts, and time to transform any number of objects, whether it be land or a specific idea, into an asset that has legal privileges. In Web3 however, we have an infrastructure that automates much of the cumbersome legal labor that in IRL basically gatekeeps the accrual of wealth through ownership protocols. Refreshing your perspective on the value of the work that NFTs do is significant because you don’t want to make the mistake of underappreciating the breakthrough system of ownership you are an early adopter of.

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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