gm.
I have updated the metadata of my project Cheeks to reflect the new meta (more on that later).
can you guess what it’s a riff of?
ALPHA ⚓️
$mask rumor squashed
I wrote on Tuesday about how the Arbitrum airdrop resulted in a collective shrug from the market.
however, it apparently did give people that feeling again of getting “free” money (just don’t tell Uncle Sam). and now we’re starting to search for that extra ETH hidden under the sofa cushion.
rumors started swirling this week that MetaMask…everyone’s favorite browser wallet…was prepping its own airdrop…and you could *feel* the market start to heat up again.
it has been long speculated that $MASK would drop and in doing so, inject a lot of liquidity into the market. unfortunately for everyone though, MetaMask quickly denied the drop would be happening on March 31 as what was speculated.
(so you’re telling me there’s still a chance?)
they do bring up a good point that it can lead to phishers and scams that *could* result in people losing everything. and for that reason, I’m siding with Metamask here and saying we should be patient and wait for the official word from the team.
and to reward my patience…*Mona Lisa Saperstein voice* give me my free money, please!!
BETA ⚓️
blur delay
speaking of free money, Blur season 2 has promised another huge airdrop of $BLUR tokens for users of their platform.
in an attempt to squash their biggest competitor, OpenSea, they urged users over the last two months to delist from the enemy platform and continue making bids and creating listings on Blur.
this gamification has led big players to go all-in on farming points on Blur (including Machi who got burned a few weeks ago with the OSF & Mando Bored Ape dump).
in fact, many are blaming Blur’s tactics for torpedoing the NFT market in the first place…as it has led to a lot of volume, but has *maybe* contributed to tanking price floors.
so when they announced on Tuesday, that they’d be delaying the end of Season 2 until May 1st, the cries from the NFT community to end Blur’s reign only became louder.
oh, how quickly they turn.
that’s because now they string along those competing on the leaderboard, which will inevitably lead to more bid farming…which isn’t exactly great for sustained and *organic* growth in the NFT space.
also, has anyone checked on Machi lately? it seems like he’s losing a lot of money from Blur farming.
GAMMA ⚓️
ticketmaster NFT integration
wake up, babe. some new NFT adoption just dropped.
Ticketmaster rolled out their new token-gated NFT integration on Monday and it’s pretty cool.
(I can say this now because after NFT LA I’m now a music NFT evangelist).
how it will work is both simple and effective.
NFT holders will get access to the pre-sale of their favorite artists. just connect your wallet to verify your fandom on the Ticketmaster website and buy a ticket before anyone else.
the band Avenge Sevenfold will kick off the NFT program and with some success, hopefully, it will help bring new people into the space by providing some *actual* utility to NFT holders.
one can only hope.
DELTA ⚓️
speaking of number-fold (what a transition, right?), I updated the Cheeks metadata again last week. did you guess that it was an homage to TwelveFold…the Yuga Ordinals?
while the conversation has predictably died down on Ordinals…I don’t think it’s a good idea to move to the next shiny thing in the NFT space.
as clunky as they are right now, my groundwork at NFT LA has given me a look into those building and committed to “Bitcoin NFTs”.
and there’s already a lot of passion and intelligence there. because let’s face it…Bitcoin maxis aren’t going away anytime soon. while they’ve given us crap for buying our cartoon JPGs, there is now an opportunity to participate in this crazy world with us.
at some point, fans of Bitcoin will probably want some “artifacts” of Bitcoin to prove their allegiance.
enter Ordinals.
if NFTs on Ethereum (and Solana) have taught us anything it’s that the technology will come. there aren’t Ordinal marketplaces now, for example…but with time, projects will find ways to easily facilitate the tech-illiterate (like me) into joining their world.
right now, the buying and selling of Ordinals is hilariously complicated. I won’t pretend to know the details, but I know it involves brokers, escrow, and long blockchain verification times.
with most tech, I see that process becoming easier and easier. now, what will the time frame be for that advancement? no idea. but we’re all speculating here, so it’s probably worth it to take a swing on Ordinals at some point here in the near future.
see you Tuesday.