Genkai Project’s Upcoming Mint
Cyber Kongs’ Genkai project recently unveiled the specifics for its upcoming mint scheduled for July 27th. The announcement stirred up some controversy as they aim to sell 9,000 NFTs at a mint price of 0.25 ETH each. Out of the total 20,000 NFTs supply, 7,000 will be airdropped and locked for 180 days. These can be unlocked earlier for a fee of 0.25 ETH.
The project’s capacity to sell out this collection is under question, particularly in light of recent downturns in similar projects. However, given Cyber Kongs’ reputation and support from various projects, some believe that the price may be justified.
Pentoshi’s NFT Mint
Adding to Genkai’s challenge, on the same day that they announced their mint price, Pentoshi attempted to mint 10,000 NFTs at 0.2 ETH each. Surprisingly, he managed to mint 2,600 of them, currently priced just below their mint value.
Kaiju Kings New Trailer and Mint
Kaiju Kings unveiled a trailer for their upcoming “Kaiju Origins: The Journals of Stodd”. Expected to release on August 22nd, this new mint promises to be accessible and non-dilutive to everyone. The nature of the mint could be similar to their previous “Scientist Mint”.
Mythical Moonbirds’ Reveal
The long-anticipated reveal of the Mythical Moonbirds has begun. Only two sales for the Mythical Moonbirds have occurred at the time of writing. Prospective buyers are advised to purchase an unrevealed egg at a lower floor price for a chance to get a rare mythical.
Proof’s Grails IV Announcement
Proof, the company behind Moon Birds, also announced Grails 4. This unique concept allows buyers to choose an NFT from various artists, keeping the artist’s identity a secret. This format provides a unique opportunity for those familiar with certain artists’ styles.
Doodles x Camps Collaboration
Doodles unveiled sneak peeks for their upcoming collaboration with Camps, set to launch on August 19th. The collaboration will feature unique Doodles experiences and activities, as well as Doodle-themed apparel and accessories.
A Brief on the NFT Market’s Standstill and Some Exciting Opportunities
Gucci x Christie’s Digital Collectible Auction
In brand news, Gucci has teamed up with Christie’s for a digital collectible auction that includes pieces from well-known artists such as Robbie Barrett and Tyler Hobbs.
The Museum of Mahomes
NFL star Patrick Mahomes has hinted at a potential digital collectible project titled “Museum of Mahomes”. Though details are scarce, it’s speculated to be a digital tribute to Mahomes’ illustrious NFL career.
Warner Brother’s Third Web3 Movie Experience – The Flash
Warner Brothers have launched their third web3 movie experience based on “The Flash”. The reception has been mixed, with many fans expressing a desire for higher quality drops in the future.
Ducati’s Venture into Web3 with Ripple
Ducati announced their foray into web3 in partnership with Ripple. The partnership appears to be leading towards NFTs on the XRP Ledger.
Block Games’ Player Network
In gaming news, Block Games unveiled their website along with a trailer for their “Player Network”. This concept allows any game to be transformed into a “play and earn” format, allowing players to earn rewards for various activities.
Ubisoft Joins Cronos as a Validator
Ubisoft has joined Cronos as one of their validators, reinforcing their commitment to web3 despite facing backlash from some gamers.
Neopets Metaverse Project Shut Down
In unfortunate news, the Neopets Metaverse project announced their shutdown due to undisclosed reasons related to new leadership.
Arkham Airdrop
Finally, the Arkham airdrop took place recently, with many early adopters reaping significant benefits.
Opensea’s New Trading Features
OpenSea teased a new feature allowing for the direct trading of NFTs for NFTs and tokens combined, replacing OTC deals and offering a more streamlined trading experience.
Whether you’re an avid collector, investor, or brand looking to enter the NFT space, this week’s news roundup offers key insights and exciting developments.
Note: This is not financial advice, Always do your own research. The crypto market can be highly volatile and unpredictable, so always invest wisely.