📌 Featured:

“The fractional market seems different than the wider NFT market. Smaller and more niche, sure — but it may present just as much opportunity for innovation as that of the overarching NFT ecosystem. And fractional ownership is becoming more popular among those who would be hard-pressed to generate the capital to obtain any NFT from a leading PFP project.

Fractional NFTs must be taken with a grain of salt though. As with the greater NFT market, not every token will increase in value. Both monumental gains and losses are to be found throughout the ecosystem.

Furthermore, it will yet again be up to the consumer and the market to decide, over time, what fractional NFTs have value and to sus out if projects like Dank Bank and Liquid Marketplace provide innovation in a way that pushes the NFT space forward, or simply leverage internet popularity for profit.”

Read the full report here.

📍Abstracts:

🖼 NFT + IRL

• Expedition: a crypto augmented-reality game on Terra Luna.

• Hero Galaxy is leading P2E gaming. Read about them here.
• Damac, one of the largest real estate developers in Dubai, now accepts BTC and ETH.
• OpenSea acquires Gem.xyz (NFT Aggregator).
• Blizzard’s president is not interested in NFTs.
• The NFL 2022 Draft will have virtual ticket NFTs.
• A mansion in Miami will be sold as an NFT.
• A major Chinese clothing company will produce a line with BAYC #4102.

🌐 Metaverse

• SANDBOX is trying to raise $400 million on a $4B valuation.
• The Yuga Labs Otherside land sale… could have been better.

Vitalik also chimed in. Read Yuga Labs’ apology here.

• Nike x RTFKT CryptoKicks (Metaverse sneakers).

💰 DeFi

• The $USN whitepaper was released. tldr;

Check out the Humble Farmer Taiki’s take here.

• Optimism is releasing its token. Check your address for airdrop eligibility. Learn more about Optimism here.
• Fantom-native stable coin fUSD to be restored/stabilized?

📚 Educational (th)reads

• Quick primer on FDV by @CryptosEngineer:

• Analysis of NFT scammers - @zachxbt

• Short history of SHIB - @nansen_intern:

• Exit Strategies, Fundamentals and Cleaning House by Defi Education

🧐 is dis alfa?

• Coinbase + ENS Layer 2 play - @CroissantEth:

• Banksy = SHL0MS?

• $16 -> $435K with Crypto Domains