gm.
what is this man thinking?
more importantly, who is this man…and why are you seeing his face?
you’ll just have to keep reading to find out (OK fine it’s the new Yuga Labs CEO).
ALPHA ⚓️
dooplicators start working in January 2023
but first, the day has come. doodles devs (and their social media team) have finally done something…and dooplicators are ready to launch in January of 2023.
it’s been long awaited since their airdrop in May of this year. announced along with a keynote speech at NFT NYC, the doodles team then went into “building mode” for doodles 2.
(which in the NFT world means, you don’t tweet for months)
regardless, the doodles have remained a committed community through it all. they’ve been patient and now they’ll either be rewarded for that loyalty…and doodles will become the gold standard for NFTs by bridging the gap and having their Top Shot moment.
or…and let’s be honest this is far more likely…they’ll get burned by the high expectations and a bunch of new full-body doodles in the ecosystem.
if any doodles need a shoulder to cry on or advice on how to deal with the upcoming FUD, don’t hesitate to reply to this email or slide in my DMs.
because remember that I do own a Cool Cat after all…
BETA ⚓️
Yuga Labs has new CEO
now back to the mystery above. that thinking man is Daniel Alegre…the new CEO of Yuga Labs. it’s yet another big splash in Monday’s news cycle.
current CEO Nicole Muniz will be stepping aside to let the former-Activision Blizzard CEO start cooking.
(FWIW, this man looks like someone who cooks with no seasonings and can’t handle too much spice)
but Yuga poaching him is obviously huge news for their brand and the Otherside…the metaverse game that has been long anticipated but rarely teased in the past few months.
the fit seems perfect. Alegre’s background is in gaming, and Yuga Labs has already fully committed to building something similar to World of Warcraft (which is conveniently on Daniel Alegre’s resume).
but oddly, the news has been met with a collective shrug from the Bored Ape community. I suppose that’s a testament to how high expectations the community has for its brand. apparently, poaching a *major* CEO from one of the world’s biggest gaming brands is just another day with an Ape.
“wen Lambo?” they ask.
and speaking of Apes, Daniel Alegre decided to go with a Mutant Ape instead of a Bored one. which should be concerning to the entire NFT world…
our net worths are now in the hands of a Mutant.
GAMMA ⚓️
Trump, Tim Ferriss, Scottie Pippen & the history of cash grabs
I didn’t write about the Trump NFTs from Thursday on purpose.
(and to be fair, I’ve already had to talk about them with friends and family *way* too much…since I’m their authority on all things NFT-related)
and while they were a great flip, I’m trying to look at it more from a big-picture view:
will this help onboard people to NFTs? (probably not).
are celebrities and former presidents using NFTs as cash grabs bullish for the market? (I think yes).
if you’ve been around as long as me, you likely remember the days when athletes and celebrities took to Twitter, bought a World of Women, called themselves a “degen”, and then dropped their own project.
it was lather, rinse, repeat for a few months in early 2022…with celebs netting them millions of dollars in the process (and it’s what contributed to the putrid stink we NFT fans still have on us).
and look now…we’ve seen Donald Trump, Tim Ferriss, and now Scottie all try their hand at NFTs and make loads of money doing it. go figure!
so is liquidity flowing back into the NFT market? or are the teams behind these cash grabs simply trying to get their work done before the New Year?
I don’t know, and honestly…I also don’t care.
maybe I might have matured past talking about these kinds of things…which could be terrible for my newsletter’s open rate.
DELTA ⚓️
Ledger x OpenSea
Ledger has been putting in that work lately.
first, they announced their slick new device…the Ledger Stax (think an iPod mini but for a hard wallet).
now, they’ve announced they’ll be partnering with OpenSea so you can connect your OpenSea account directly to your Ledger.
these two moves check two “mass adoption” needs: 1) security and 2) design.
what do we need next? affordability. for every iPhone, we need an Android. for every Ethereum we need Solana.
get going on that cheap version of a Ledger and we might be onto something with this whole crypto/NFT thing we got going here…