Ticketmaster NFT Debut

Disney Metaverse Shuttered

Breaking NFT News, Project Breakdowns, & Artist Spotlights. We do all the heavy lifting for you! Follow our Twitter / Join our Discord to win raffles and allow list spots!

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Happy Wednesday to everyone!

Here is the breakdown of today's newsletter:

🎸 Ticketmaster x Avenged Sevenfold NFTs🎡 Disney shutters metaverse division amid company layoffs

  • Y00ts went live yesterday with their Solana to Polygon migration. (@y00ts)

  • YIKES! Someone accidentally put in a 100 ETH Blur bid on a Renga on accident and it was accepted immediately of course. (@ashrobinqt)

  • NFT-themed hotel (Wassies) opens up in the center of Singapore, inviting guests to a boutique experience. Check out their video. (@WassiesAsia)

  • Legends Of Mara was announced by Yuga Labs the other day. We broke it all down in yesterday’s newsletter here in case you missed it. x

  • The UK just canceled their plans for government issued NFTs. (CD)

Ticketmaster x Avenged Sevenfold NFTs 🎟️

Ticketmaster just launched a sweet new feature that lets artists give special access to concert and event tickets for folks who own a particular band's NFTs. They teamed up with the band Avenged Sevenfold for this first run to make the magic happen.

💡 How did it work? 

The first peeps to get in on the action were owners of the band's 10,000 Deathbats Club Ethereum NFTs. They got to snag tickets to upcoming shows in NY and LA before anyone else! Apparently, the NFT thing worked pretty well, with about 1,000 tickets being bought with it.

This is just the beginning for NFTs, which are already being used to get into digital spaces and live events in Web3 communities.

Disney Shutters Metaverse Amid Layoffs

Walt Disney eliminates its next-gen storytelling & consumer experiences unit, which was developing metaverse strategies. This was move was part of a broader restructuring to reduce headcount by 7,000 across the company. 

Is this thread back from January? Yes. Are we sharing it again because of how epic it is? Yes. 

Well worth the read:

Over 75% of y00ts holders have migrated to Polygon from Solana. This is truly an excellant display of how engaged the DeGods community is.

Currently the floor for y00ts is 1.6 ETH on OpenSea. 

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

That's all for today's issue! Thanks for reading this far and also make sure to give our Twitter a follow daily for breaking NFT/web3 news! (@TheDropNFT)

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