The NFT Evolution Begins

Artist Spotlight: Kelley Anderson, PFP NFT Thread, And More

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! 

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What's Dropping ⚡️

  • Lamborghini just auctioned off the last Aventador Ultimate Coupé they will ever make, with accompanying NFT. This stylish blue car and NFT were sold for $1.6M.

  • BAYC holder proudly shows a completely awesome tattoo of their ape on their arm, another testament to the dedication of their community. Also, $APE hit new highs this week.

  • Linkin Park's Mike Shinoda has joined Warner Recorded Music (WRM) as leader of Web3 initiatives. We're eager to see his creativity and talent merge into the metaverse.

  • Paris Hilton has created several NFT collections on both Ethereum and Polygon blockchains. She has recently invested in Afterparty, a Polygon-based ticketing service. The tickets are part of the upcoming Guardians project.

  • Solana crypto wallet Phantom has just launched its mobile app on Android, making it easier for $SOL users to trade on the go.

  • A moonbird sold for 256 ETH less than 6 days after launch. The floor is currently just below 36 ETH.

  • WarKittens Genesis sells out and is in a small dip before their reveal this Sunday. The devs have a huge but attainable task ahead of them, with their completely on-chain 64x64 pixel art kittens having the ability to steal each other's rare traits.

 NFT WL Evolution 🧠

The period between December ‘21 & January ‘22 marked the height of NFT Twitter being saturated with public whitelist grinding efforts. It was common for a fellow trader’s timeline to be spammed with people retweeting a tweet that asks them to tag several of their friends. Projects such as Invisible Friends, Dour Darcels, Weather Report, and TastyBones, to name a few, utilized this model to build their primary market. Followers who get whitelisted will subsequently mint the project, while simultaneously producing their secondary market as well (people who will commit to buying it off of secondary because they’ve been exposed to the project and feel FOMO because they couldn’t get WL).

This model proved disastrous because it forced traders to focus on superficial engagement, and led to a structurally weak community; people were almost always only interested in selling their pieces and were interested in them for no other reason than to flip them. This period of the budding NFT ecosystem ushered in an influx of traders that were greed-driven; people heard that it was easy to get rich in crypto and intended to leech liquidity out of the ecosystem. Enter the new meta where quality WL’s are now increasingly accessible after a trader stakes their ETH in a utility token or an NFT project that provides holders with WL opportunities. 

Recent examples that represent this shift are The Art of Seasons, Quantum Key, Loveless City Metropass, Akutar Mint Pass, PROOF Collective, and Quantum Access Pass. The major paradigm shift occurring revolves around traders being asked to stake something of value in order to enter new projects. This is advantageous for the health of projects, for traders at large, and ultimately the NFT ecosystem overall. For example, it was only a week ago that The Art of Seasons was trading below .05 ETH, and explicitly promised on its OpenSea description to enlist holders into the WL for the artist’s next drop. This shift marks a significant appreciation in the maturity of the NFT ecosystem.

Artist Spotlight 🎨

Kelley Anderson is the Founder and Creator of Art Botanica, a moss art studio based in Los Angeles, and her newest endeavor, "She Blooms" an NFT series launching in June 2022. Her art has been showcased in galleries, media, events, and private collections across the world.

Through the power of nature, Kelley was able to overcome the obstacles that stood in her way and create a life for herself that was once only a dream.

Kelley's life changed forever when she became a single mom. She had an infant son and no way to support him on her own. She felt isolated and financially drained. But when she reached out to nature, it gave her back everything she was missing: strength, love, security, and hope. It taught her how to stand tall on her own two feet and be there for her son through the challenges ahead. Nature helped Kelley design a destiny she could not have imagined before.

Today, Kelley is committed to empowering others to create their own destinies by sharing her story through her botanical art and mission-driven NFT series, "She Blooms", because life is about blossoming into ourselves and how we offer our gifts to the world around us, through connection to Mother Nature.

MY WHY

"I'm passionate about the importance of the connection to Nature for mental health, balance, and wellness! Nature healed my heart and soul after a challenging time in my life, so I am on a mission to share the healing gifts of nature with the world through my art, both IRL and in web3. My superpower is my can-do attitude, strong intentional connection to my vision, my love of creating deep and meaningful connections to other humans, and my love and passion for my work! I also have a beautiful blended family- three boys, 3 dogs, 3 cats, and a supporting and loving hubby that shows me the practice of unconditional love each and every day." - Kelley Anderson

Amazing 🧵 on PFPs

Meme Drop 💧

FTX US NFT Marketplace 🔥

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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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