LimeWire NFT Marketplace

Floor Tracker, OpenSea Verification, Ukraine Support

March 11, 2022

Welcome to The Drop NFT Newsletter. Subscribe and join the discord for breaking NFT news, project breakdowns, & artist spotlights.

🚨 This newsletter is sponsored by FTX 🚨

FTX US is a regulated crypto exchange that hosts some of the highest amounts of trading volume and daily active users in the industry. 

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 🔥 

What's Dropping ⚡

  • BAYC dropped a curious tweet pointing users to a website for a collaboration with Animoca Brands which required KYC and half of NFT Twitter lost their minds.

  • 10KTF is dropping a Gucci collab.

  • Degen Gang Beast breeding is happening now.

  • BYOCraft’s are claimable for the next 3 weeks.

  • The Mee6 Avatars NFT project launch which also grants the holder the upcoming $MEE6 token is dropping.

  • Warner Bros. launches DC Hyrbrid Trading Card collection, consisting of physical cards that hold redeemable NFTs.

  • Classic clothing brand Diesel is dropping their first NFT collection tomorrow. These 3D art pieces offer access to different exclusive clothes and accessories.

  • A new Acura Integra model comes with an NFT for the first 500 to reserve. Acura will also be opening a virtual showroom in Decentraland on March 22.

LimeWire NFT Marketplace 😳

Back in the good 'ol days, most of us used to (illegally) download MP3 files to find and save music that was trending at the time. Some of us used Youtube2MP3, while others used platforms like Napster. If you were in the know, you probably used a tool called Limewire. The green illuminated lime logo, along with the plethora of music that was at our disposal, is forever engrained in our minds. With a few keystrokes and a couple of clicks, you were able to download anything that anyone else uploaded to the site. As to everyone’s surprise, Limewire ended up going defunct back in 2010 following a lengthy court battle with the Recording Industry Association of America. But now, they’re making their return, in the form of an NFT marketplace.

According to their website, “LimeWire is relaunching as a digital collectibles marketplace for art and entertainment, initially focused on music. Using LimeWire, you'll be able to create, buy and trade NFT collectibles with ease.” With other players already in the market, it will be interesting to see how Limewire is able to capture market share, while still being a unique platform in the space. Currently, only a limited amount of information is available regarding this venture, so we will have to wait and see what comes. WAGMI.

OpenSea Verification Update ✔️

We’ve all had that moment where we realize we’re probably on a bootleg OS page for the NFT collection we’re looking for. OpenSea up until now has been pretty lax about anybody publishing an NFT collection and this has led to a tremendous number of fakes for any particular project. The most communicable tool that projects can use to signal their legitimacy is the blue verified checkmark. Unfortunately, the application process for this is burdensome and verification takes a fair amount of time to finalize.

The exciting news on the horizon is that OpenSea is attempting to automate the attribution of verified checkmarks to authentic projects. Some of the criteria that will be used include trade volume, project owner authentication, and validating that the Twitter and discords for the project are controlled by the owner of the project. Automation may bring its own set of novel hurdles and new methods of deception, but it is certainly a relief to see OpenSea address an issue. 

Twitter Spaces 🎙

Yesterday we had an amazing twitter space with FTX NFTs, Pyramid Punx, Superstars NFT, and Catblox Studios.You can listen to the recording here:

Meme Drop 💧

Sneakers & NFTs to Support Humanitarian Aid in Ukraine

Endstate, a brand at the intersection of sneakers and NFTs, is launching the Ukraine Aid collection: an NFT drop in support of the people of Ukraine. 

The “Ukraine Aid” sneakers come in both digital and physical form. The colors of the Ukrainian flag adorn the upper, and the word “мир,” meaning “peace” in Ukrainian, is written across the medial side of each shoe. 

100% of the mint price will be donated to Direct Relief, meaning Endstate will cover the cost to manufacture the sneakers, up to the first 100 pairs redeemed. After the first 100 pairs,100% of the profits (i.e. mint price, minus the cost to manufacture the sneakers) will be donated.

When the mint is complete, Endstate will donate the funds and post all transaction details. If you’d like to join Endstate in this effort, go to the Endstate FTX store front where you can learn more information about the drop and mint your NFT.

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.

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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