NFTs A Safe Haven For OnlyFans Creators?

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gm, it's Friday! 🔥 We hope everyone has a great weekend.

• New NFT marketplace on the block Blur airdropped care packages to users who list on their platform. The crates vary in rarity and the amount received is based on users' trading history. (@0xQuit)

• JP Morgan hires on prior Head of Policy from now defunct Celsius. (RS)

• Movieverse by Warner Bros. is launching a Lord of the Rings NFT experience with AR collectibles. (VY)

• Reddit now has more NFT wallets than the OpenSea marketplace. (BC)

• Cointelegraph poses a bit of a redundant question, whether museums will be completely virtual in the future. We don't think so, but it's fun to speculate. (CT)

• Cardano blockchain has recently seen a huge jump in volume, becoming the third highest by trading volume over the weekend. (@StockwitsNFTs)

• The Lunar Project ask degens not to trade Lunar NFTs as they're working on removing them from marketplaces & AMMs after mint authority wallet was compromised. (@lunarptojectnft)

• Phantom adds a new feature, calls on all dApps who want their name and logo to display correctly in their 'Recent Activity tab. (@phantom)

A New NFT Marketplace: Blur 👀

When it comes to NFT marketplaces, the choices are pretty slim. From using conventional OpenSea to delving into the world of SudoSwap, our choices haven’t expanded much in the past year. Yesterday, a new marketplace, Blur, came online.

Blur is being touted as the “first NFT marketplace for pro traders”. What this means is that they have built a more nimble platform than anyone else, thus allowing traders to snipe and buy NFTs swiftly and more quickly than anyone else. Per the team, “Blur is a real-time marketplace and aggregator combined. It lets you sweep and list across marketplaces, snipe reveals, and manage your portfolio faster than anyone else.” In one of their graphics, they show the time it takes for listings to update on Gem, which is 51 seconds, versus Blur, which is 4 seconds. For an avid NFT trader, that can mean a world of difference.

What makes Blur different than alternative NFT marketplace platforms is that they have implemented a unique reward system. To initiate that process, they rewarded everyone who had traded NFTs in the past 6 months with an airdrop of Care Packages. These Care Packages can be opened for $BLUR, their native token that has yet to be released. In November, the team will perform a secondary airdrop for everyone that lists on Blur, meaning that if you use Blur, you will reap the rewards. They have also implemented incentivized royalties, which incentivize traders to honor royalties. People can use SudoSwap, which only charges a 0.5% fee. But, if you honor the royalties as a trader, Blur will reward you in the form of $BLUR. Check out their mirror.xyz for more details on airdrops and royalties.

At The Drop we firmly believe that in order to build and prosper in the future, we have to grow together. With Blur, the idea is that traders and collectors come together in one marketplace, incentivizing both sides with a reward. That reward, presumably, will be injected back into the NFT market. Blur is thinking about the future of this ecosystem, which we commend. If you want to be a part of the Blur ecosystem and have been trading NFTs in the past month, head to their website to claim your airdrop by November 2nd. NFA. DYOR. WAGMI.

To read more about Blur: 

https://mirror.xyz/blurdao.eth/2nba-2j0zHPrBX0iPSNGquZ9s_WotNH6B4e5usz85mM

NFTs A Safe Haven For OnlyFans Creators? 📸

 Web3 offers entire industries the methods and tools to reimagine and restructure how things were once done. In the digital sex-work world, web2 has left a lot to be desired. Most content platforms revolving around this are run by men and are perhaps not the most sensitive to the needs of women creators. We then of course saw creators take content into their own hands with models like OnlyFans, but the caveat being the creators do not own their content or distribution, as OnlyFans plays a significant role as the middleman throughout the entire experience.

Alternatively, platforms like Proof of Peach are demonstrating the liberating potential that web3 can facilitate for digital sex workers. In its decentralized format, audiences can mint tokens that give access to a particular creator, and then that token can be re-sold, effectively an entire economy emerges that would be suppressed in the web2 centralized format. With all that said, the web3 "Only Fans" platforms have yet to gain traction since the space doesn’t have nearly as large of an audience as web2.

New Candy Machine v3 Launch 🍭

The Metaplex Protocol is up again in the Solana headlines two days after the governance token ($MPLX) airdrop to collectors by their foundation. This time to announce the new version of their NFT minting and distribution program Candy Machine. The Candy Machine program is the predominant method used to create and launch collections of Solana NFTs. So far, it had facilitated over $940 million in primary sales for creators and accounts for over 70% of all NFT mints on Solana at the time of writing.

Although the previous version supported token-gated minting and many more configurations, this third iteration has been updated to give developers more flexibility and control over their minting contracts. The program has been separated into two separate contracts with one contract holding all the minting logic for the Candy Machine, and the other holding all the access controls. Now, most changes you make to your Candy Machine will occur in the access control contract, called Candy Guard. And by doing this, you can change the Candy Guard contract without breaking your Candy Machine minting logic. There's a lot more to unpack, read the full documentation here.

Sponsored Content: No content in this newsletter was sponsored.

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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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