⚓️ degens take NYC
gm. NFT NYC kicks off this week.
and while I won’t be there, it’s probably for the best since I’ll be able to quickly cover the NFT news of the week without being held up by lavish parties and hanging out with my fellow NFT friends.
if you’re on the ground there in NYC, you likely have your agenda planned out for the week. however, I urge you to swing by the event I have the most FOMO from…and that’s the Cooltopia experience.
it’s no secret that I’m in the bag for the Cool Cats, but I’m excited to see that they’re deciding to take the “brand” seriously again.
I touched on Friday why I was wrong about NFT gaming and Cool Cats may have had a similar revelation. Cool Cats jumped the gun and decided to rush to a game before properly digging its roots into the NFT community as deeply as they could have.
this caused even loyal degens to jump ship once the game was inevitably delayed.
so it’s no coincidence that the team has pivoted and made their “Cooltopia” experience similar to what Doodles (a project that jumped Cool Cats) did at SXSW.
they’re building lore and leaning heavily into IRL experiences. in doing so, I’d imagine the Cool Cats team is hoping to recapture some of that magic from the early days and resolidify themselves as a blue-chip to the NFT loyalists in New York.
many projects will be hoping their event launches them to the next level this week. and if NFT history has taught us anything, it will likely be a project that’s not really on your radar that makes the biggest splash.
I’m hoping it’s Cool Cats.
speaking of the markets, CryptoPunks are surging again because you guessed it…insider trading.
what first seemed like a group of people waiting for ETH to hit 3-digits in order to swoop the historic NFT, quickly turned out to just be another “leak” from Yuga Labs (the CryptoPunks owners).
it appears that on the news that the CryptoPunks would be adding @NonFunglibleNoah to the Yuga team and more importantly will be working to grow the brand (there goes my prediction they were sunsetting them), many began speculating on the famous pixel NFT (again).
it’s disheartening, to say the least.
Yuga continues to leak important information and, in doing so, loads the deck even more in favor of those with an inside track. when they talk about Bored Apes and Yuga being a money-minting machine, this is what they’re talking about.
my favorite marketing tactic from NFT NYC so far? that goes to Adam Bomb Squad for orchestrating a fake NFT protest. the signs will give you a chuckle, including “Believe Bill Gates”
not to be forgotten, CryptoDickButts put on an ornate performance piece at their event last night, with a full furry CryptoDickButt and all. see for yourself: