NFT Floor App Is LIVE

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Here is the breakdown of today's newsletter:

📱 Floor App Launches🐓 Tim Ferriss' NFT Project🛍️ Degen Ape Academy Merch Drop

• Toys R Us partners with Anybodies to announce an NFT project featuring their mascot Geoffrey the Giraffe. (@ToysRUsNFT)

• Token-gated NFT platform Floor is now available on App store and Google Play Store! (@floor)

• Reddit minted 255K NFTs (or Digital Collectibles) in a single day. (D)

• Blur followed through with their second airdrop, allowing some users to claim care packages. Check out their tweet to see if you qualify. (@blur_io)

• Crypto.com's native token CRO spiked this week after Coca-Cola NFTs dropped during the World Cup. (CD)

• SolShield says they recently found a critical bug in the Metaplex Token Metadata program - The bug has been patched and accepted by the Metaplex bounty program. (@Solshield)

• Frankdegods asks degens to turn their PFP to ⭐ in solidarity for creators- says he will be keeping the ⭐ PFP until MagicEden & Hyperspacexyz & the other Solana NFT marketplaces decide to bring back royalties. (@frankdegods)

Floor App Store Launch 🚀

Something’s been brewing beneath the surface… for the past year developers behind Floor have been refining the NFT and cryptocurrency tracking mobile application and it's finally available on the App Store. During their beta phase, they amassed 15,000 users in over 112 countries and are now ready to become more public…ish.

• It's still an invite-only app… Floor wants to expand the number of people its tool can serve but its priority is to ensure that the community remains aligned. The app is still token-gated and therefore still exclusive but this is for the benefit of the ever-growing community. You can get a token from a genesis user or… if your a Drop subscriber you also get access ;).

• Showing up doesn’t mean you have to show everything… we’re all familiar with the idea/fantasy that in the future our wallets will be our identity. This idea has its pitfalls though. Floor is going to revolutionize how users can be social with their digital assets by letting them choose how much of their digital wallets to show.

• The web3 world is a multi-player game… and Floor is giving us the platform to make it feel like one. The social element of trading is often exercised in Discord and is therefore separate from the information platforms. Floor connects users, the information, discovery, and conversations in the app. A goal of Floor’s is to facilitate communication between projects and their holders.

💡 The Drop None of the web3 sphere gains relevancy or traction without the social networks that make its newest offerings trend. Floor is positioning itself to play the role of the web3 social network app that we’ve never exactly had. With their priority on community coherency and quality conversations the value proposition for joining their budding community couldn’t be any more resolute.

Tim Ferriss' NFT Project Launch 🐓

 Tim Ferriss, author of the famous “4-hour Work Week” and prolific podcast host of “The Tim Ferriss Show”, released an NFT collection called The Legend of Cockpunch yesterday. These 5,555 rooster depictions are a part of Tim’s narrative that he has written as a part of the collection’s lore.

On a podcast with Kevin Rose, founder of Proof Collective, Tim said, “It’s a bunch of cocks and they each have these gauntlets, and that is one of their primary weapons… punching with these gauntlets, hence cockpunch.” Tim has a vision for this collection that depicts the “MMA meets the Olympics meets Gladiator… with roosters.” With the prospective lore and Tim’s notoriety, the mint sold out at 0.3 ETH, and the floor at the time of writing is sitting at 1.33ETH. With over 3,000 ETH in volume in just over 24 hours, this project is being taken very well by the community, at large.

💡 The DropContent creators like Tim have found that they can create even more in Web3. And with that creation, they’re able to do more, especially in the real world. In the case of this project, 100% of the primary sales (mint) are being donated to Saisei Foundation, Tim’s own foundation that focuses on “cutting-edge scientific research and other initiatives related to psychedelic medicine, mental health therapeutics, life-extension technologies, ecosystem conservation, indigenous knowledge preservation, and more.”

Degen Ape Academy Merch Drop w XLARGE 🛍️

On November 22nd, Degenerate Ape Academy announced its partnership with XLARGE a US-based urban and streetwear brand for its first merch drop. Three weeks later today, the Solana OG collection followed up with the announcement by further announcing that the Merch drop is live and it's available for shipping internationally. Attendees of the just concluded Art Basel were able to preview and purchase or pre-order ahead of the full drop from a limited number. And with the official drop, the supply is still limited. Degens are advised to make an order quickly and before December 31st.

The merch is equipped with the Cupcake Protocol technology and each comes with its digital version, which is usable on your apes once V2 hits. Once V2 is released, degens and owners will be able to use it on their apes. Degenerate Ape Academy thanks the streetwear brand and says “it’s been a privilege to work with them. Perhaps there’s more to come.”

Sponsored Content: There is no sponsored content in this newsletter.

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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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Gannon Breslin, CryptoVonDoom, Naveed Lalani, Alex Reed, Naman Patel, Big Tuna

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