⚓️ Kodamara-rama
gm.
what if I wrote today’s newsletter…and just didn’t cover Yuga news?
would anyone read it? I guess we’re about to find out 🤭⤵️
ALPHA ⚓️
Arbitrum airdrop
there was a day when an airdrop like ARB would have set the NFT world on fire. those days are *apparently* no longer.
on the Thursday I got back from NFT LA and I got word that a substantial airdrop was about to hit my wallet.
the L2 known as Arbitrum was launching its own coin ($ARB) and to reward people that had used that ecosystem…they were airdropping over 1 billion tokens to those same users.
I was luckily one of them, as I once wrote a piece on their NFTs when you could start trading them on OpenSea.
and from buying some Government Toucans valued at $20 each at the time of purchase, I for some reason was gifted ~$800 in ARB. I immediately swapped it for Arbitrum Ethereum and bridged that mfer to the mainnet.
(should I write a tutorial on how to do this?)
I can’t be the only one who did this…yet it certainly felt like I was. that’s because there wasn’t much action on Ethereum NFTs on an account of this airdrop. granted…bridging the Ethereum is certainly more complicated and can take up to 9 days if you use the official Arbitrum bridge.
however, if I was able to get my ETH in less than 30 minutes and I didn’t buy a single NFT with it yet…then surely we are all doomed.
BETA ⚓️
The Plague enforces royalties
on a (slightly) lighter note, remember the conversation back to 0% royalties? it was a speed run to thanks to Blur and others…but luckily there are projects finding a way around this…for now.
The Plague is a project that I’ve been eyeing for a while now…partly because they have the WAGMI Report, which is what I want BivNFT to be one day.
Pons…the founder of the Plague…has been very vocal and opinionated on the subject of royalties (and NFTs in general). however, he appears to be one of the first to *actually* do something about it.
if you search The Plague on OpenSea right now, you will not find it. that’s because come Monday, the tokens will resurface with a new contract…one that *enforces* royalties.
it’s a pretty interesting play. we will see if others will try to recreate it, or if they will simply accept our new no-royalty overlords and get rid of the thing that was attracting artists to NFTs in the first place…
GAMMA ⚓️
BivNFT once again provided the alpha…yet you probably got bored reading about my time at NFT LA.
Frank and Dust Labs has announced the date on which y00ts will be taken to Polygon…March 27.
(yes, that’s today)
so just days before the Q1 deadline was set to expire, Frank gets a project off of Solana and onto its next phase.
if nothing else, he knows how the NFT space works and what sticklers we are for deadlines.
DELTA ⚓️
fine so I just buried the Yuga stuff *way* below the fold.
but it felt like it would have been negligence to *not* cover it when your newsletter is namely about NFT news.
so here’s the TLDR: your Otherdeed plots are not completely useless after all. instead of waiting until the game to drop, Yuga announced you’ll get a cute Koda PFP in the meantime.
with the second journey into the Otherside this weekend, Yuga announced another mini-game… the Legends of the Mara.
(luckily, this one doesn’t have any buttholes)
and with the game, every plot-owner will get their very own “Kodamara” to play with…meaning there will be a 100K-supply Yuga PFP set to hit the market soon.
the companions have inevitably caused a craze…with the price floor of Otherdeeds popping up 25% over the last 24 hours and once again getting everyone talking (and writing) about Yuga.
see you Thursday.