Welcome to NFTSYD Pills Edition #28! Your fortnightly snapshot of the finest in Web3 for you. Quality insights made digestible.
Whether you're an expert or a newcomer, there's something for you.Your guide to the best of the Web3 universe just got even better, let's dive in!
Disclaimer: The information provided in this newsletter is for general informational purposes only and should not be construed as financial, investment, or other professional advice.
Note to Readers: If you come across unfamiliar terms in this newsletter, don't worry! We've got you covered with the free dictionary from NFTedu. It's a comprehensive resource to help you understand the jargon and concepts in the world of NFTs. Access it here: NFTedu Dictionary
Table of contents:
-
🌐 NFTSYD at Wiki Finance EXPO Sydney 2023
-
💼 BlackRock's Ethereum ETF Filing: A Crypto Milestone.BlackRock files for Ethereum ETF, signaling institutional crypto interest.
-
🏰✨ Disney's Digital Leap: NFTs with Dapper Labs.Disney and Dapper Labs partner for exclusive NFT platform.
-
🚀 ORDI Token Nears Record High as Bitcoin Ordinals NFT Volume Surges.ORDI token price spikes amid booming Bitcoin Ordinals NFTs.
-
🧙♂️ Taproot Wizards: Casting a $7.5M Spell on Bitcoin NFTs.Taproot Wizards raises $7.5M for Bitcoin-based NFT project.
-
📺 Simpsons' Viral Episode: A Satire on NFTs
-
🎥 BAYC on NFT are dead.Bored Ape Yacht Club's take on the current NFT market.
-
👟 NIKE first-ever apparel drop.NIKE's debut in the apparel segment with a unique twist.
-
🎨 Announcing 'We ❤️ The Art': A Creator Contest for Artists With Heart.Optimism Collective's contest celebrating onchain artists.
-
🌐 Manifold.xyz: Empowering Creative Sovereignty in Web3.Manifold.xyz fosters artist independence in the Web3 era.
-
🔗Infura's Web3 Evolution with Microsoft and Tencent.Infura collaborates with tech giants for decentralized Web3 infrastructure.
-
💳 PayPal's PYUSD: Revolutionizing Digital Payments with Blockchain.PayPal introduces PYUSD stablecoin for blockchain-based transactions.
-
🏟️ Animoca Brands and Chiliz: Pioneering SportFi Together.Animoca Brands joins Chiliz to innovate in SportFi.
-
📝 BlockBook: Unleashing Creative Collaboration in Web3.BlockBook: A new collaborative platform for Web3 creators.
-
🎵 Uploading music to Sound is now free.Sounds.xyz makes music NFT uploads free for artists.
-
🌐 J.P. Morgan's Onyx and Avalanche: Pioneering Tokenized Funds.J.P. Morgan's Onyx and Avalanche collaborate on tokenized funds.
-
🔗 Polygon Village 2.0: Fueling Ecosystem Growth with $90 Million Fund.Polygon Village 2.0 launches a $90M ecosystem development fund.
-
🤖 Ritual: Pioneering the AI Web3 Transaction Layer.Ritual secures funding for AI-driven Web3 transaction layer.
-
🔲 Instagram's Customizable AI Companion.Instagram developing an interactive, customizable AI friend.
-
🤖 OpenAI's Leadership Shakeup: Sam Altman Steps Down, Mira Murati Steps Up. Leadership change at OpenAI: Sam Altman steps down.
-
🌊 OpenSea's Major Staff Reduction Amid Market Downturn.OpenSea cuts workforce by 50% in market response.
-
🔘 McKinsey Generative AI and the future of work in America.McKinsey explores generative AI's impact on American jobs.
🌐 NFTSYD at Wiki Finance EXPO Sydney 2023
NFTSYD recently participated in the Wiki Finance EXPO Sydney 2023, a notable event in the FinTech world, held at the Fullerton Hotel in Sydney. The expo, attended by over 10,000 individuals, featured a diverse range of topics including forex, blockchain, and NFTs, with over 50 expert speakers and 100 exhibitors.
At the event, NFTSYD showcased the AGO ART project, an innovative blend of art and technology within the NFT space. This project exemplifies NFTSYD's commitment to merging creativity with digital technology, highlighting the evolving landscape of digital art on the blockchain.
Additionally, NFTSYD supported the mental health organization Heart On My Sleeve, demonstrating a commitment to social responsibility and the well-being of individuals in the tech and creative industries.
NFTSYD's presence at the Wiki Finance EXPO Sydney 2023 reflects its active role in the NFT community and the broader financial sector, showcasing the growing influence of NFTs and blockchain technology in today's digital economy.
For more information about the Wiki Finance EXPO Sydney 2023, you can visit Wiki Expo website. To learn more about the AGO ART project, visit AGO ART. For details on NFTSYD's support for Heart On My Sleeve, refer to the post here.
💼 BlackRock's Ethereum ETF Filing: A Crypto Milestone
BlackRock, the world's largest asset manager, has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for a spot Ethereum exchange-traded fund (ETF) under its iShares Ethereum Trust. This follows their recent registration of the trust and Nasdaq's filing seeking SEC approval for the ETF. The move reflects a significant shift in BlackRock's stance towards cryptocurrency, indicating a growing institutional interest in Ethereum.
🏰✨ Disney's Digital Leap: NFTs with Dapper Labs
Disney collaborates with Dapper Labs, creators of NBA Top Shot, to launch Disney Pinnacle, a mobile-based NFT platform. This platform, initially available to invited users, will feature digital pins of Disney, Pixar, and Star Wars characters, aiming to blend traditional Disney memorabilia with digital collectibles.
🚀 ORDI Token Nears Record High as Bitcoin Ordinals NFT Volume Surges
The ORDI token price has soared to its highest level since May, reaching $28.37, marking an 845% increase from its lowest point this year. This surge is attributed to the growing demand for Bitcoin Ordinals, a unique form of NFTs within the Bitcoin ecosystem. The total volume of these NFTs exceeded $20 million in the past 24 hours, surpassing Ethereum's NFT volume. The rising interest in ORDI tokens and Bitcoin Ordinals reflects a significant shift in the NFT market dynamics.
🧙♂️ Taproot Wizards: Casting a $7.5M Spell on Bitcoin NFTs
Taproot Wizards, a Bitcoin-focused Ordinals project, has successfully raised $7.5 million in a seed funding round. The project, known for its "magic internet JPEGs" of wizards, leverages the Ordinals protocol to create NFTs on the Bitcoin network, despite some community concerns about network congestion.
Polygon version of Bitcoin ordinals send gas fees skyrocketing
Bitcoin fees have exceeded Ethereum fees for the first time since 2020 over the past 24 hours, indicating a higher demand for conducting Web3 activities on Bitcoin through the Ordinals protocol compared to Ethereum.
📺 Simpsons' Viral Episode: A Satire on NFTs
In a humorous take on the NFT world, 'The Simpsons' episode features Homer minting Bart as an NFT, leading to a satirical exploration of the NFT ecosystem. The episode includes references to Bored Ape Yacht Club, Doodles, and CryptoPunks, showcasing the hierarchy and value dynamics of NFTs with a blend of wit and critique.
🎥BAYC on NFT are dead
👟NIKE first-ever apparel drop
🎨 Announcing 'We ❤️ The Art': A Creator Contest for Artists With Heart
Optimism Collective introduces 'We ❤️ The Art', a creator contest allocating 1,000,000 OP to artists. This initiative, akin to 'American Idol' for onchain art, is judged by respected figures in the onchain creative space. It's a celebration of creative freedom, inviting global creators to express themselves on blockchain platforms. The contest aims to highlight and reward creative activity, offering exposure, community, and rewards from a significant OP prize pool.
🌐 Manifold.xyz: Empowering Creative Sovereignty in Web3
Manifold.xyz is dedicated to enabling creative sovereignty in the web3 space. They offer Manifold Studio, a platform for artists and creators to express and monetize their work in the digital realm. Manifold.xyz is a hub for innovative and creative projects, fostering a community where artists can thrive in the web3 ecosystem.
🔗 Infura's Web3 Evolution with Microsoft and Tencent
Infura, a key player in web3 infrastructure, has announced a partnership with 18 firms, including tech giants Microsoft and Tencent, to launch a Decentralized Infrastructure Network (DIN). This network aims to decentralize Remote Procedure Call (RPC) services, enhancing security and connectivity for Ethereum and other networks. This move marks a significant step in Infura's efforts to promote decentralized internet infrastructure, addressing concerns about central points of failure in Ethereum's ecosystem.
💳 PayPal's PYUSD: Revolutionizing Digital Payments with Blockchain
PayPal is transforming the payment landscape by introducing PYUSD, a stablecoin that leverages blockchain technology for faster, cheaper, and global transactions. Emphasizing the importance of payment freedom, PayPal's PYUSD aims to bridge the gap in digital payments, offering a new financial rail that aligns with the evolving needs of consumers and businesses. This initiative reflects PayPal's commitment to innovation, following its history of pioneering in the digital payment space.
🏟️ Animoca Brands and Chiliz: Pioneering SportFi Together
Animoca Brands has partnered with Chiliz Chain, a Layer 1 blockchain focusing on sports and entertainment, marking a significant move into SportFi. Animoca, a major player in Web3, acquired an undisclosed amount of CHZ tokens and will become a validator for Chiliz Chain. This partnership aims to redefine fan engagement and financial dynamics in the sports industry. Chiliz is renowned for hosting fan tokens for major football clubs, with a market capitalization of nearly $300M. This collaboration signals a growing intersection of sports, finance, and blockchain technology.
📝 BlockBook: Unleashing Creative Collaboration in Web3
BlockBook is set to launch a collaborative IP platform, revolutionizing how content creators engage with audiences and track monetization. This web3 platform is designed for creative talents to collaborate and bring unique creative project ideas to life. It offers a new avenue for creators to connect, create, and monetize their work, leveraging the power of blockchain technology for collaborative writing and project development.
🎵Uploading music to Sound is no\w free
Sounds.xyz is a pioneering platform in the music NFT space, enabling artists to tokenize and sell their music as NFTs. It fosters direct artist-fan connections and offers a unique way for musicians to monetize their work in the digital era.
🌐 J.P. Morgan's Onyx and Avalanche: Pioneering Tokenized Funds
J.P. Morgan's Onyx collaborates with Avalanche and Apollo Global, launching a proof-of-concept for tokenized funds. This partnership leverages Avalanche's blockchain capabilities for automated portfolio management, aiming to revolutionize asset tokenization and management.
🌐 Polygon Village 2.0: Fueling Ecosystem Growth with $90 Million Fund
Polygon Village 2.0 introduces a $90 million fund to support ecosystem development, offering grants, mentorship, and resources for projects in DeFi, SocialFi, and gaming, as part of Polygon's expansive network vision.
🤖 Ritual: Pioneering the AI Web3 Transaction Layer
Ritual, a community-owned AI network, secures $25 million funding to develop a sovereign AI execution layer.
🔲 Instagram's Customizable AI Companion
Instagram develops an "AI friend," a customizable chatbot for user interaction, raising ethical and safety concerns.
🤖 OpenAI's Leadership Shakeup: Sam Altman Steps Down, Mira Murati Steps Up
Sam Altman steps down as OpenAI's CEO, with Mira Murati appointed interim CEO. The board cites a lack of confidence in Altman's leadership.
🌊 OpenSea's Major Staff Reduction Amid Market Downturn
OpenSea slashes its workforce by 50% to adapt to the evolving NFT market, focusing on a more agile operation.
🔘McKinsey Generative AI and the future of work in America
QOD
"The only way to do great work is to love what you do." – Steve Jobs
*NFTSYDPills Brought to you By Simone Leonelli *（✿ ͡◕ ᴗ◕)つ━━✫・*。
Powered by chtgpt4,Godmode
Disclaimer: The information provided in this newsletter is for general informational purposes and entertainment only and should not be construed as financial, investment, or other professional advice. Any reliance you place on the information provided is strictly at your own risk. The content is not intended to be a substitute for professional advice or judgment and should not be relied upon for that purpose. NFTSYD makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the newsletter or the information, products, services, or related graphics contained in the newsletter for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will NFTSYD and its contributors be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this newsletter.