NFT Marketplace FULL UPDATES

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This newsletter is sponsored by VCX, Invest inground-floor, highly sought-after Crypto and Startups 6-12 months ahead of public offerings, giving you a head start to succeed. Get a seat at the table by filling out this form HERE or joining the Discord.

gm, HAPPY HALLOWEEN 🎃

• MICE by MICEMEDIA is an upcoming NFT project that claims to be "canceling cancel culture". Check out their origin story. (@THEMICE_)

• Steph Curry of Golden State Warriors has already dabbled in NFTs, and has recently filed trademarks for his own digital space called Curryverse, where visitors will be able to win NFTs. (CT)

• As Blur marketplace calls more attention, competing marketplace X2Y2 blocks them due to an apparent violation of their guidelines. (LT)

• The parent company of Move-to-Earn project Stepn will soon be launching its own NFT marketplace called MOOAR. This membership-based service by Find Satoshi Lab will feature NFTs across multiple chains. (CD)

• How will midterm elections affect crypto or vice versa? During the last election, many of them dipped across the board. Vox weighs in. (V)

• Phantom announces Mobile Wallet Adapter. Android users can now interact with MWA-compatible dApps like Orca and Solend Protocol. (@bfriel_)

• MetaHelix introduces token-based roles. Projects can now assign roles based on SPL tokens like $DUST, $FORGE and the rest. (@metahelixio)

Magic Eden Hackathon Begins 🪄

Just the other day the start to a month-long Hackathon has begun but with a whole new twist from the leading Solana marketplace Magic Eden.💡 What's different about this hackathon? The Creator Monetization Hackathon invites everyone to experiment and innovate with ideas that will allow creators in the Solana NFT space to earn royalties or identify alternative monetization models.

"With a total prize pool of $250K 💰 from our Creator Research & Development fund of $1M, Magic Eden is calling for developers, creators, and ecosystem partners to join minds and push the boundaries for the long-term growth of the Solana NFT ecosystem".

Below you can find the entire timeline of the hackathon that will run to December 2nd 2022:

With over $250,000 in total prizes at stake this event is something that should definitely be on your radar. If you are interested you can find all the details here.

Gamestop NFT Launches With Immutable X 🚀

For quite some time now, we have been given teasers for the new Gamestop NFT marketplace. While details remained slim, we knew that the video game giant wanted to somehow employ a gas-less transitionary measure, through the use of Immutable. Now, we’re seeing their plans come to fruition.

According to a press release on October 31st, the Gamestop NFT marketplace has now launched. While we have known that this was coming since February of this year, we didn’t think that they would launch during the bear market. Sentiment remains neutral, while volume in the NFT market is slowly drying up. But, based on ImmutableX and Gamestop’s vision for the platform, this launch could usher in the next generation of gamers into Web3, and change the ways that people transact in-game. An industry that is said to be worth approximately $300 billion by the year 2025, this partnership works to capitalize on onboarding gamers while also creating an ecosystem for Web3 games to be built upon for future generations to come.

Since talks of inception, the two companies have already made headway on how they’re going to make an impact on the Web3 space as a whole. As a result, the duo announced, “The launch of a $100m USD grant fund meant to drive new game pitches, signings, and integrations from builders and creators powering the future of NFTs and web3 gaming.” In other words, they are ready to inject capital for people to build. And have already done so with games like Gods Unchained and Illuvium. Many feel that Web3 gaming hasn’t picked up yet because no one has done it the right way. But with the launch of this marketplace and the partnership’s inner workings, it’s safe to say that the two companies are here to build for the future. They see the growth potential, and they want to create a foundational platform for people to be able to connect to decentralized games and transact on them. Giving more power to gamers in the process. WAGMI.

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VCX’s main goal is to help democratize private investing through the use of an NFT membership card. They are minting on November 3rd and have their first company/project deals signed and ready to go within the first week after mint.

🚨 Important Links: Discord, Application

Elon's Twitter Takeover: Good For NFTs? 🐦

Since Elon has taken Twitter over, some questions are arising within the NFT community about what this means for the entire space. One thing that appears to be certain is that although Musk is taking on more of a Leviathan role at the administrative level, he is interested in distributing value at the level of users and particularly to creators.

Philosophically, his values are analogous to those underlying crypto insofar as he is committed to decentralizing power and money streams. In fact, Binance provided $500 million towards Elon’s acquisition of Twitter and Binance is now assembling a team dedicated to optimizing Twitter with ledger-based technology. Elon is not interested in the types of superficial web3 instantiations that Twitter has played with in the past such as the hexagonal profile picture frame. Instead, Binance may be able to address user experience issues like bot proliferation with automated ledger tech. If Elon follows the type of path he is forging for Twitter’s future the NFT community can expect to experience a great deal less of scams and misinformation. There is also a fair chance that we may see the use of NFT technology implemented in Twitter for the purposes of automating data aggregation.

MOOAR Marketplace Launches 🏃💨

Amid the recent fight for domination and market share of the NFT marketplace, Find Satoshi Lab, the makers of the Web3 lifestyle app and move-to-earn game STEPN has added MOOAR, a new challenger to the scene. Launched yesterday, MOOAR supports NFTs minted on both Ethereum and Solana blockchains and has its launchpad for new projects. Apart from integrating a launchpad, the marketplace will enforce creator-set royalties of 0.5-10% on secondary market sales. And unlike other marketplaces, MOOAR will not be charging platform fees on secondary market sales but instead, users will have to pay a $29.90 monthly subscription to transact.

Find Satoshi Lab has been working on MOOAR for months. Their mission has always been to build enjoyable Web3 products that will help drive mass adoption but driving adoption will be challenging for a Web3 platform with a monthly subscription cost, instead of taking a small cut of each NFT sale- Shiti Manghani, COO of Find Satoshi Lab admitted.

“It's not an easy thing to do. It won't be easy to build and grow, and we're fully conscious of it. But we are driven by long-term value,” she said.

The studio previously launched its decentralized exchange (DEX) DOOAR in June and so far, it is the most used DEX on Solana with regards to active wallets.

Sponsored Content: VCX is the presenting sponsor for this newsletter.

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