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Someone Bought A Virtual Boat For 145 ETH

What's Dropping, Sandbox Takeover, Artist Spotlight: 8th Project, And More

November 26, 2021

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!

What's Dropping ⚡️

  • Keep an eye out: OG Milk Caps is bringing remixed designs of original pogs from the 90's back as a playable NFT game. Their OG collection is dropping today Nov 26th. All OG Milk Caps holders will earn daily $CAPS, used to forge slammers and in gameplay. The first 1000 mints will receive an airdrop of 1000 $CAPS tokens!

  • NFT sherpa Zeneca_33 dropped his NFT project "Zen Academy" which is an exclusive membership NFT for his alpha discord.

  • Frames by MurAll, a first of its kind dynamic NFT frame collection, opened minting for the first wave of the presale. More waves are coming, so there is still time to get on the whitelist!

  • Solana-based project, Bad Bromatoes, sold out and is holding a 1 SOL floor. Pretty neat to sell out a tomato collection that benefits FeedingAmerica just before the Thanksgiving holiday.

  • Just the other day, we crossed a cumulative 1,000,000 ETH burned which adds up to around $4.3 BILLION USD 🤯

  • We announced our first NFT giveaway raffle yesterday! To enter into the raffle click here to see the details. This is just the beginning of many raffles we will be held in The Drop Discord. 

  • A Bored Ape sold to a wallet for 3 ETH... but we all know the reason why (taxes).

  • $ENS token reached a high of $75.95 since our last newsletter.

Sandbox Takeover 🏰

Whether we admit it or not, we've all probably dug for buried treasures at some point in our lifetime. For most of us, it was during our childhood, in a sandbox... and chances are, we didn't stumble across much more than a sparkly rock or two. But nowadays, Sandbox— a virtual gaming world— is actually becoming the place to discover hidden treasures. Sandbox players can build, own, and monetize their gaming experiences. For example, The Metaflower Super Mega Yacht— a luxury four-story NFT craft in The Sandbox— sold for a record 149 ETH (approx $650,000) this week.

This Yacht isn't just a fancy, virtual boat either. The NFT belongs to Republic Realm’s Fantasy Collection. Holders of NFT's from the Fantasy Collection get access to members-only areas including Fantasy Marina and the beach club. This collection also includes 100 private islands in Sandbox. However, one of these islands is gonna cost you about $300,000 at the moment. The Sandbox is a host for many other virtual luxuries, and will only continue to grow as more creators and developers enter the space. For those interested in digging further into a Metaverse to find some hidden treasures, Sandbox might be a good place to start!

Artist Spotlight 🎨 8th Project

I am 8th Project, a French artist living in Mexico. I started to draw about two years ago and I quickly became passionate about deconstructing what surrounds me. At first, I used markers on paper to create. When I joined the NFTs I evolved my technique and now draw on a tablet. I use geometric and/or abstract shapes to reinterpret portraits mainly. I also deconstruct animals from generative projects (BAYC, Cool cats, Lazy Lions, etc) at the request of the owners. Today, in parallel to my main collection on OpenSea, I am developing a generative project: 8th Wonders will be unveiled soon. It is a cubist-style project, with a strong artistic added value. If you want to know more about my work, here are the different platforms on which I am active:

Meme Drop 💧

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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