⚓ all aboard, anchors up
gm. I’m trying to “brand” this newsletter a little better. in honor of my Cool Cat and the Bored Ape Yacht Club, I thought the anchor emoji would be appropriate.
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it’s also fitting because just like NFT prices, anchors only go down.
ALPHA ⚓
speaking of prices going down, I regret to inform you that I’m buying ‘moments’ on NBA Top Shot again.
because it was my first NFT, I’ll always remember Top Shot fondly. and yesterday, the Dapper team gave me a reason to text it and say ‘hey, I miss us’.
the updated “Top Shot Score” brings a little game theory and a much-needed shot of adrenaline to the project. with it, you’ll be rewarded for spending more on a ‘moment’ and you’ll get more points if you’re a real “collector” of a certain team…with player bonuses coming soon too.
I’ll admit I’m a bit out of my element when talking about Top Shot these days. at the very least, their announcement got me interested again and showed me that they’re working on innovating.
the reason I left Top Shot in the first place was they really started recreating the traditional ‘trading card’ experience. they were flooding the market with ‘moments’ and you were playing the pack rip game fishing for rares. when challenge rewards started being not worth it, I was out.
(did anything I just wrote make sense?)
from what I gathered from this video, there is a lot of work being done to make the project novel, if not a bit more complicated.
but when it comes to NFTs, I think many projects would benefit from going this route too. a lot are thinking too traditionally in order to gain mass adoption, so projects are constructed in a way that normies will better understand.
we are essentially trying to translate real-world collectibles over to the blockchain. that may not be the best solution long-term though.
instead, we should steer into the confusion like Top Shot. by pushing to create new and interesting products, we’ll push NFTs and digital collectibles into a new stratosphere. and with that innovation, the collectibles themselves will be vastly more valuable than they would be had everyone just stuck on convention.
BETA ⚓
I also regret to inform you that I have to again write about Not Okay Bears.
in a Twitter spaces last night, it was revealed that 0xHustler (an influencer) would be taking over the derivative project. the original founder, after watching the Not Okay Bears get removed from OpenSea, now transfers the contract over in hopes that someone can revive the *checks notes* week-old project and get it relisted.
the irony of this whole ordeal is not lost on me (as someone who owns SolToadz, a rugged project that was CrypToadz but on the Solana chain).
Solana was once roasted and seen of as inferior for hosting mirrored or copied art but on a different chain. now? well, for some reason we are trying to rip off the popular projects from Solana on the Ethereum chain.
it’s the biggest bull argument for Solana. the culture may not be where it once was…oh the times they are a-changing.
DELTA ⚓
honestly, this was such a bad idea from the jump that I wonder if the “BAYC dating app” was all an elaborate ploy just to get this tweet off and make all of us NFT owners look sad.
Seth Green lost his Ape and other valuable NFTs including his Doodle. I don’t know why him losing NFTs makes me sadder than other celeb stories like this I’ve heard. stay diligent fam, scammers never sleep.
