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Moonbirds' New Collection + Animoca Brands Raise

BarrelDAO Ships Out Solan Summer Shady Beer

Welcome to The Drop NFT Newsletter. Breaking NFT news, project breakdowns, & artist spotlights - We do the heavy lifting so you don't have to! Join our Discord to win raffles and allow list spots!

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What's Dropping ⚡️

  • A follow-up collection to the Moonbirds has been announced by Proof collective, called Moonbirds Mythics. This 20k PFP collection is slated to drop in early 2023. (Coindesk)

  • A recent survey by Pew Research shows that only 2% of Americans have ever bought an NFT, alongside other mind-blowing results. Looks like we're still early. (PewResearch)

  • Digital avatar creator Genies announces NFT fashion marketplace, alongside celebrity endorsements. (@genies)

  • Crypto wireless network Helium may soon be absorbed into Solana, a migration that should strengthen its community and nodes. (Decrypt)

  • NFT projects are starting to partner with BabyDogeSwap, a new meme coin marketplace. (@BabyDogeCoin)

  • Animoca Brands Japan receives massive funding to aid web 3 expansion and NFTs within the Japanese market. (CoinGape)

  • yOOts and its mother collection DeGods Twitter’s pages were suspended four days to launch. (@DegenerateNews)

  • ABC’s dominance continues as it surpasses 100k SOL volume. The new community's page keeps rallying too. (@HGESOL)

Moonbirds' New Collection: Moonbirds Mythincs 🔮

Since its inception, all eyes have been on Moonbirds. From tech mogul Kevin Rose, this project has skyrocketed in value, not just monetary but also organizationally. And on Tuesday’s “Future PROOF” live stream, we received more news regarding the future of the Moonbirds ecosystem.

First, there’s a new collection coming called Moonbirds Mythics. This collection will feature 20,000 NFTs and will be released sometime in early 2023, but in a periodical manner. Second, and the biggest news in our opinion, is that Moonbirds has raised a $50 million funding round, led by Andreessen Horowitz (a16z). This will not only give them a treasure chest of capital, but also an arsenal of venture resources to take their ecosystem to the next level. Third, Moonbirds will be loading their metadata “in-chain”, similar to the OnChainMonkey collection. This means that not only will the images be on-chain, but the metadata elements will be too. Fourth, there was a hint at a coin that will be coming sometime soon, yet the details remain murky. Check out the live stream below for more in-depth details on Moonbirds’ future.

Moonbirds are looking toward the future of their NFT ecosystem in the same eyes as a silicon value tech firm. They are building from within, while still giving hints to holders to capture engagements. With hundreds of millions of dollars of capital at their disposal, along with the venture capital that they have just raised, Moonbirds will be a collection to keep your eye on as we ease into 2023. WAGMI

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Animoca Brands Gets Paid 💰

The Drop has recently covered FOX Media’s dive into to Web3 with the addition of its specialized division Blockchain Creative Labs, UTA signing three NFT artists plus an NFT collection, and UMG singing a band of BAYC avatars. Despite the crypto winter, new entrants are making their way into the Web3 world because they see the space’s budding potential and remarkable growth. The Hong Kong based video game studio Animoca Brands has attracted some new state-level support. It received $100 million from Singapore’s state-owned Temasek. They also recently received $45 million from a Japanese bank. 

Animoca’s portfolio includes stars like Decentraland and Sandbox as well as another three hundred plus companies. The capital flowing to Animoca indicates that investors have a deep conviction in the future of blockchain gaming companies. Indeed, Gordon Goner, a co-founder of BAYC recently highlighted the significance of decentralized gaming in a recent interview. One of the most important takeaways was that the future of gaming will change entirely once users are not dependent on centralized servers. Blockchain gaming will allow the possibility of gamers collectively sustaining the life force of a game despite whether or not the developers are able to keep up with supporting it. 

 BarrelDao Ships Out Solana Summer Shandy 🍺

Solana Summer Shandy is a new beer from BarrelDAO, a community-governed brewery, and distillery. The beer derives from a collection of 333 NFTs launched by BarrelDAO last week Friday. The artwork which was crafted by Mark Lauthier features over 40+ Solana communities and notable personalities.

Each NFT consists of a 16-pack that sold for 1.35 SOL or nearly $45 (at the time of mint) which covers the shipping fee to the United States, United Kingdom, and Australia. The collection is sold out but still available on the secondary market while the physical shandy beer is currently redeemable through BarrelDAO’s website

The NFT versions of the digital artwork for Solana Summer Shandy which featured OG collections like Thug Birdz, Degen Ape Academy,and Solana Monkey Business is also up for grabs. Each edition of the artwork will sell for 0.69 SOL and provide holders as-yet-unspecified benefits around future BarrelDAO product releases.

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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