⚓ the real world: web3
gm.
today’s newsletter is brought to you by self-care…
have you tried not caring what people on Twitter said for a day? you can with the help of self-care. go to a park. go get a pedicure. go eat some sushi.
self-care: recommended for people with lives in the *real world* AND the *metaverse*.
ALPHA ⚓️
GordonGoner stepping away
GordonGoner, the most forward-facing of the two Bored Ape co-founders, will be stepping away from Yuga Labs to deal with a heart condition.
in a thread on Saturday, he shared some of the details of his condition and basically admitted that all the hours he has put into the Bored Ape Yacht and building Yuga Labs *could* have contributed to its severity.
so now he will be taking an indefinite leave of absence.
he leaves Yuga Labs in good hands. the Dooky Dash success has bought some time for the Otherside as a proof-of-concept game. additionally, they announced their new CEO last month, so it seems that his role has been transitioning anyway.
however, it is still sad to see someone as prolific and involved in the NFT space not be in good health partially because of said space. our thoughts are with him.
NFT grindoors will *constantly* try to fool you. they’ll explain that without an unstoppable hustle… you will fail. what they tend to gloss over is the burnout that comes with it. even without health issues, it can be damaging to your relationships to work nonstop with no breaks. since the markets never turn off, neither do founders and artists a lot of the time.
but it’s important to remember that it’s a marathon and not a sprint…take care of y’all mentals first and foremost.
BETA ⚓️
drama sells
much like in the Real World (the TV show, not IRL)…NFT Twitter shows you what happens when people stop being polite and start getting real.
on Friday night, seemingly everyone was in a Twitter Spaces airing out the dirty laundry of a Mutant named Bark…after his ex-girlfriend accused him of leaving her and their dog stranded in Ohio on a thread.
the details are not important. (but the TLDR is the classic case of boy loves girl…girl loves boy…girl and boy get dog…boy leaves girl and dog to start a Web3 company in Taiwan with an alleged white-collar criminal).
a tale as old as time really.
again, I’m not trying to be a gossip blogger with BivNFT. I report the news and give my takes on them…and for some godforsaken reason, I couldn’t help but be affected by this dumb story.
we live in an attention economy. everyone is competing for clicks, subscribers, and viewers *all the time*. I’m guilty of it. your favorite influencer is certainly guilty of it. and Bark and his crew of Spaces goons are definitely guilty of it.
in shilling their new NFT project, they’re turning NFT Twitter into reality TV…and hoping that we can’t turn away from watching the car wreck.
and as the NFT world is becoming more and more like The Real World (again, the TV show not IRL), we continue to chase *other* dopamine hits like more followers on Twitter, sales on a piece of our art, or that intoxicating feeling of when the price floor is going up.
we all want to be the main character in the story that’s unfolding here in Web3. and that’s what is scary.
GAMMA ⚓️
an open-edition makes $2.2 million
speaking of dopamine hits…can you imagine what it would feel like to make $2 million in less than 70 minutes?
well, let’s just ask artist Ness…because this weekend he found out when he dropped his open-editioned work named ‘M0N3Y PR1NT3R G0 BRRRRRR’.
(fitting)
and with over 20K minted in that short time, it’s fair to say that we are at an “infraction point” for the open-edition meta (shout out to my fellow Knives Out/Glass Onion fans)
it’s either up or (more likely) down from here.
still…it’s nice to see the artists getting a lot of money directly these days. at least they can be vetted for legitimacy (unlike the NFT founders of years past). I’d rather it go Ness than some rug tbh.
DELTA ⚓️
ENS DAO
there has been some *light* controversy surrounding a decision in the ENS community.
essentially, the DAO is voting on if the ENS treasury should be able to *buy* ENS domains at a premium to then gift away to brands and celebrities (in the name of marketing).
it’s about as juicy as you can get for domain debates…with some saying it will help bring “mass adoption”, while others think it’s a slippery slope.
I’ll let more knowledgeable people handle it from here…like TJ who wrote about it in detail (above). he has a new newsletter called ENS HQ that is all about ENS if you’re interested in reading more of his stuff.
see you Thursday.