VeeFriends Toys In Macy's & Toys R Us

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• Animoca Brands and Cool Cats announce a partnership that has everyone buzzing with excitement. (animicabrands)

• OpenSea has officially announced that it is live with bulk purchasing. You can now list and buy up to 30 items in a single flow on OpenSea. Here is the tutorial on how to do so.

• Phantom announces new upgrade on NFT burning: You can now earn up to .01 SOL for burning spam NFTs. Some NFTs give you 5x more SOL when removed from your wallet. (@phantom)

• An Argentinian energy company will be launching a massive mining operation later this year. (coindesk)

• Young artist FEWOCiOUS sells a rare David Bowie NFT for 96ETH. (coindesk)

• VeeFriends plushies and toys are coming to Mayc's in-store Toys"R"Us brand. More on this below!

• The Solana ecosystem performed so well in September that it rivaled Ethereums in growth rate. (blockworks)

VeeFriends' Partners with Macy's & Toys R Us 🛍

VeeFriends, the ecosystem developed by the one and only Gary Vee, will be the first to get its products into the hands of average, non-web3 educated consumers. Announced yesterday, VeeFriends has partnered with Macy’s and Toys R Us to release a line of plush toys and figurines depicted from NFTs in the collection.

The VeeFriends ecosystem has exploded over the past year. The prolific growth has included items such as PFP collections, tangible playing cards, book redemptions, and most recently, partnerships with established Web2 brands. But for quite a few weeks, people have been FUDing VeeFriends, saying that Gary is nowhere to be found and that he just took a bunch of money to give people some lousy playing cards. Meanwhile, he was actually in pure grind mode and structuring deals with the biggest toy & retail legacy brand in the world. Keep in mind, with Gary Vee, the sky is the limit, so it’s no surprise that he’s been building something truly extraordinary during the bear market. And because of that, the overall market sentiment and outlook have now changed.

On the Macy’s website, you can pre-order the plush toys for $24.99 each and the figurines for $29.99 each. With the formal launch right around the corner (October 17th), this pre-order cycle should give us an outlook on the potential of real-world tangibles in the overall children’s toys and collectibles category, especially when linked with NFTs. This physical collection is the first of its kind, and the VeeFriends toys might actually be in the hands of many children soon enough. In a way, that’s a forward step for NFT integration in society, and Gary Vee is the perfect person to be at the wheel of this movement. The GOAT. WAGMI.

IMPORTANT: SCAM ALERT 🚨

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Elon Buying Twitter, Again? 🐦

We all know that Twitter is the premier social hub for all things NFT and this is reinforced by the fact that people have started to drift away from discord in the masses. Therefore, whoever owns Twitter and makes decisions about the future of the platform in many ways holds the entire NFT space is its hands. 

If you’re subscribed to the right NFT-based accounts on Twitter then you know that your Twitter feed can be as valuable to you as a Bloomberg Terminal is to a day trader. When Elon initiated his Twitter buyout it was motivated in large part by his desire to reduce restrictions and regulations on speech that the platform imposed. For Elon, Twitter serves the role of a digital town hall where matters vital to the future of humanity are debated, something essential in his eyes to a properly functioning democracy. Shortly after proposing his buyout, he backed out because he felt that he was misinformed about Twitter's user data (in particular how many fake accounts were on the platform vs. real accounts). Twitter lashed out in defense claiming that Elon’s publicized buyout is damaging the company’s value and reputation. The buyout came to a standstill until very recently.

If Elon was originally invested in Twitter itself and modifying it in order to make it more decentralized he now appears to be interested in something more totally transformative. Nobody knows exactly what his refreshed intentions are with Twitter but there’s ample evidence to suggest that he is interested in generating some ideal social network application. His decision comes shortly after he debuts the consumer-targeted "AI" robot Optimus. His head is certainly focused on the future and his super-app could mirror something as totalizing as China’s WeChat. On the other hand, Elon may not have some grand plan but is choosing to make it appear that he’s optimistic about his Twitter buyout to control market chaos. Allegedly he was scheduled for his deposition and that would have made some uncomfortable set of facts about him go public.

 Ultimately NFT Twitter lives on, and will hopefully be better served if it can exist in a more decentralized application.

Glass Protocol Moves To Solana ➡️

Keeping the focus on the mission of bringing the next 1 million users into the crypto space, Glass Protocol– the Arweave utilizing video NFT platform has officially moved its application layer from the Ethereum to the Solana network. The migration is an impact of the protocol’s discussion with both big and small creators, as well as interviews with collectors and fans of the platform on how to better bridge the gap between Web2 video content creation and Web3.

The issues most prominently featured by the various sets of folks they spoke to included: cost, speed of transactions, and the user experience (UX). According to their findings, since migrating to Solana, these obstacles have been largely mitigated. For example, buying an NFT on Solana now costs $0.0004731, compared to $2.50-$50 on Ethereum, and the cost of creating a video has been cost-effective with the general culture of good user experience.

If you used the platform in its early days to collect or mint video NFTs while on the Ethereum network, don't worry, the protocol has you covered. The Ethereum NFTs are still available at eth.glass.xyz

Sponsored Content: NFTees is a partner of The Drop.

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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, Kayla Kilbride, CryptoVonDoom, Naveed Lalani, Alex Reed, Naman Patel, Big Tuna

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