Page One #49
NFT Market Recap, January 11 - January 25
We are back again and the market is still pretty back for the time being. With only a few weeks left before the Blur airdrop and another Yuga catalyst between now and then, it’s reasonable to say things could continue at the current pace.
Before we get on with the show, another quick thank you to everyone who reads and subscribes for getting us to 10,000 subs. I’ll do a whole rant next week as there are many people who weren’t here a year ago when we started, but we appreciate it more than we can say. Onwards and upwards 🫡
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TLDR:
News and Notes:
Azuki unveils Hilumia and partners with Bilibili
Checks are a deceptively simple social commentary
Doodles acquire Golden Wolf + Doodles 2 will be on Flow
Kanpai Pandas get an aesthetic update
Lil Pudgys are free to roam whichever chain they choose
The Memes by 6529 find their way into the spotlight
Recent Launches:
Createra launches land for their voxel metaverse
Grails III by PROOF will reveal artists on Friday
Lucréce plays color games with open editions
PORSCHΞ flops tragically (until they cut supply and moon)
Sewer Pass does numbers as Dookey Dash launches
Upcoming Launches:
$BLUR Airdrop is coming February 14
Kosetto is your new personalized sticker pack
Rug Radio x Corey Van Lew PFPs launch on February 6
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News and Notes:
Azuki unveils Hilumia and partners with Bilibili
While their one-year anniversary came and went without any huge announcement, Azuki did unveil a new section on their website - Hilumia, the crossroads of The Garden. It serves to further Azuki’s lore by introducing a variety of in-universe brands like the shops at Ember Square or MODA, the local museum. They also announced a partnership with Bilibili, a leading video community platform in China. The partnership serves to explore innovations in media content while introducing some new badges and a Beanz sticker pack in the Bilibili app. The release of a new animated trailer on the 23rd has the community buzzing with conspiracies on what it could mean - if anything. I’d expect we find out pretty soon.
Checks are a deceptively simple social commentary
Jack Butcher, the designer-turned-internet artist known best for illustrating complex ideas in understandable graphics at Visualize Value, does little without a plan. After releasing a simple open edition piece of 80 verification checks, he began to reveal his plan: burning two Checks will reduce the piece to 40, then 20, and so on until reaching one. Because it was an open edition with uncapped supply, Jack and crew had to reverse-engineer the burn mechanics to fit the total supply. While we aren’t sure when the burn will start, it will seemingly be within the next few weeks. The details are all housed in this (very long) Twitter thread.
Despite his fastidiousness, no plan could have foreseen the massive community response to the project. People used the CC0 template to create Checks made of Nouns, Pepes, Punks, organs, shoes and everything in between - see video above. Jack’s made some rounds to talk about the project in more detail than I can go into here - check out Proof’s Artist Profile with him from the 24th to hear more about it straight from the value visualizer.
Doodles acquire Golden Wolf + Doodles 2 will be on Flow
The award-winning animation studio will continue operating independently and working on other projects alongside their work with Doodles. Golden Wolf founder Ingi Erlingsson will join the Doodles team as CCO. The GW team has created animations for Doodles in the past and have also worked with household names like Minions, Adidas and Levi’s.
This morning, Doodles announced that Doodles 2 will be on Flow Blockchain. While they had confirmed Doodles 2 would not be on Ethereum at NFT NYC 2022, they did not say where the customizable collection would live at that time (and everyone seems to forget they ever said it). The announcement says to expect more details on Dooplicators, Genesis Boxes and the Doodles 2 beta access in the coming days.
Kanpai Pandas get an aesthetic update
The collection’s art received a full refresh on the 16th with the goal of creating a cleaner look that further strengthens their brand identity - check out some of the new Pandas here. The art update comes a few weeks after the announcement of Panda Points, a loyalty rewards system they are aiming to release in Q1. Points earned will be determined by rarity and points will be tradable on their own PPDEX. The first points integration was already announced - the Pandas have inked a licensing deal with Raini to develop quality mini-games that make use of Pandas and their Points. The string of announcements led the Pandas to a new all-time high this week, topping at a floor price of about 2Ξ, where they still currently sit.
Lil Pudgys are free to roam whichever chain they choose
Only hours after the Doodles 2 to Flow announcement, the Pudgy team announced they have integrated the LayerZero bridge, allowing the Lil Pudgys to move to other chains. To start, the Lil guys can choose between Arbitrum, Polygon and BNB, although more may be introduced in the future. There’s no doubt Panda King Icebagz has been in Luca’s ear about this one.
Explorers will be rewarded with a soul-bound token based on which chain they move to using their recently announced soulTranport function, a decentralized method for Pengoo sub-communities to create soul-bound tokens.
The Memes by 6529 find their way into the spotlight
Launched by 6529 on the very appropriate date of June 9th, The Memes seek to further his fight for the open metaverse through, well, memes. They’ve flown upwards over the past few weeks and chatter about them has followed suit. Specific cards, such as the Nakamoto Freedom card, have become grail targets for large collectors. There are currently 57 cards (of varying supply) and that number is growing by the week, making the collection a bit of bear for newcomers to fully grasp. You could write a whole post about them, which is exactly what BCheque has done (twice). Check out his guide to The Memes below for the full details and seize your memes.
Other Stuff Happened:
The Captainz take the first step in their reveal process
End of Sartoshi holders will be eligible for free claims and a PFP collection
Remilio Maker mints out after Milady rises
Recent Launches:
Createra launches land for their voxel metaverse
Voxel sandbox universes are far from new to the NFT space but Createra hopes to carve their own spot in the competitive sector. The “creator-oriented metaverse” has raised $10M in funding led by a16z and plans to focus on younger generations of players that are already familiar with games built around user-generated content. By giving players the ability to create and own their own levels and models with easy to use tools, Createra hopes to foster a wide range of different gaming communities that live within the same game space, similar to Roblox. The collection is set to reveal on February 4th at 5PM UTC.
Grails III by PROOF will reveal artists on Friday
The third iteration of PROOF’s mystery art collection has minted. Like usual, minters know what their art looks like, but won’t know who created it until Friday, when PROOF will reveal each artist on a livestream starting at 11AM. The fun of Grails comes from the combination of artist anonymity and collector choice: each of the 20 pieces have their own max supply but the minters’ decisions are ultimately what determines the end supply of each token. Grail #8 has the lowest supply at 11 units, while Grail #7 and #13 each have 150 units (hat-tip TylerD). Tune in Friday to see who made what.
Lucréce plays color games with open editions
With an instantly recognizable style and a lengthy body of work that includes Des Monsters, a collection of monster portraits, Lucréce is the latest artist to play with gamified open editions. In 15 minutes, Proceed w/ Caution sold 8,408 pieces on the 18th - each the same, but not for long. On the 20th, holders were given seven days to exchange their blue pieces for one of seven other colors. Each color has a maximum supply of 1,051 and while most of them are about the same price, the Raspberry edition has already minted out and sits at 0.8Ξ. This thread from S4mmy.eth at Origins dives a bit deeper into the project.
0.5Ξ floor | 8,408 initial supply | 0.06Ξ mint | minted 1-18-23
PORSCHΞ flops tragically (until they cut supply and moon)
The latest legacy company to misunderstand the NFT community is none other than luxury car brand Porsche. While they initially planned to sell 7,500 911 NFTs, they audibled when they discovered that not many collectors desired to pay 0.911Ξ for a vague roadmap that’s been purposefully separated from the company’s public image. But once they announced the mint would close on the 25th, regardless of supply, some kind degens stepped in to help them out. 2,363 tokens were minted, and in classic fashion, the trick worked like a charm - since the mint closed, the collection has risen as high as 3Ξ with nearly 2,000Ξ of volume traded.
Sewer Pass does numbers as Dookey Dash launches
Whether you love them or hate them, when Yuga rolls out something new, the kids trade it. In the seven days since mint, Sewer Passes have traded for nearly 21,000Ξ while rising from ~1.5Ξ to ~2.7Ξ. Over 3.5M Dookey Dash runs have been completed by ~20,000 players as Apes compete to top the leaderboard and snag the shit key. Dookey Dash is available to play until February 8th and The Summoning - presumably the Sewer Pass redemption event - will take place one week later on February 15.
Other Stuff Happened:
a KID called BEAST finishes their mint tomorrow after shutting down bots
BasedHeads are creating a dystopian universe with SuperMassive at the helm
Feetpix, literal pixelated feet pics, see nearly 2,000Ξ in trading volume
HasbullaNFT sees volume after mint before falling on reveal
Kawaii Plushie Machines are the key to the upcoming Plushies collection
The Ponzi taxes Charlies looking for the exit
Real Agents is a new gaming community from Jonah Blake and RealThirdWeb
Texture Punx let you build your own futuristic pfp
Upcoming Launches:
$BLUR Airdrop is coming February 14
Originally scheduled for the end of January, Blur has delayed their token airdrop until Valentine’s Day (cruel joke). The airdrop has been divided into three phases - the first based on total NFT volume traded, the second based on Blur volume, and the third on Blur bidding. We don’t have many details - nothing regarding the tokenomics or the conversion from the “care packages” to $BLUR has been released so far. While the airdrop will hopefully provide NFT traders with a nice little stimulus, this may be offset by the end of airdropping farming and could be further impacted by their tokenomics.
Kosetto is your new personalized sticker pack
Instead of creating a limited supply collection with large upfront costs, Kosetto has opted for the opposite - claiming a Kosetto is free and the supply is uncapped. Once claimed, customized and named, Kosettos can equip wearable NFTs and load into sticker packs on mobile phones or their web app, allowing holders to use memes featuring their personalized Kosetto immediately. The team previously planned to distribute wearables for free through a daily gacha game, but opted to change plans because of the prevalence of bots - they haven’t yet announced how the free wearables will be distributed moving forward. Regardless, their customizable meme-ability makes them one to watch. You can create your own on the Kosetto web app or on mobile now.
Rug Radio x Corey Van Lew PFPs launch on February 6
The decentralized NFT media ecosystem is set to release their avatar collection created by Corey Van Lew in two weeks. The first mint window will run from the 6th until the 8th, during which time Rug Radio Genesis (currently 0.4Ξ) holders can purchase an avatar for 690 $RUG, their native token. Additional sales phases, including a limited allowlist and public mint, may be used depending on how many are minted in the first window - these subsequent sale phases would be priced in Ethereum. Rug Radio has recently hired a new Co-CEO in Loxley Fernandes and recently completed their first test of Listen-to-Earn Twitter Spaces rewards.
More Other Stuff Happened/ing
The Beacon eggs have hatched and characters will be tradable 1/31
Fewocious released the first trailer for FEWO WORLD
Floor, mobile NFT portfolio app, acquires WGMI
Gradis releases demo level ahead of Grados mint later this month
Kuroro Beasts prepare to release their avatar collection