EA Sports dabbles big on Web3 with Nike
Not another day in 'Web3':
— MANI (@Mani_NFTz) June 2, 2023
The giants "NIKE and EA sports" blew everyone's minds?
?? pic.twitter.com/YYuNS36GLr
As the debate goes on whether the 'NFTs are dead' or not?@Nike drops a bomb to put an end to that once and for all…
— MANI (@Mani_NFTz) June 2, 2023
(1/9)https://t.co/yhqWJ7Fj21
@dotSWOOSH already proved that the people's interest over 'NFTs' didn't fade…
— MANI (@Mani_NFTz) June 2, 2023
When it sold over 97,000 'Our force 1' digital sneakers and made almost $2 million in revenue.
(2/9)
Ofcourse it's "NIKE"!
— MANI (@Mani_NFTz) June 2, 2023
Still, no one's an exception when it comes to NFTs. many behemoths tried and failed.
Following up it's success, '.Swoosh' announced one hell of an UTILITY…
By incorporating it's 'Virtual creations' into future @EASPORTS games.
(3/9) pic.twitter.com/B4hroVWSw1
'EA sports' doesn't need any introduction…
— MANI (@Mani_NFTz) June 2, 2023
But, you gotta know the impact of the partnership
'FIFA' alone have 150 million player base (officially reported)
(4/9) pic.twitter.com/R2CjV3nxfh
Imagine the exposure for overall 'Digital collectibles' market
— MANI (@Mani_NFTz) June 2, 2023
Truthfully speaking, Mainstream still hate 'NFTs'…
But having 'Nike' brand stamped on them will change many minds.
(5/9) pic.twitter.com/cluKC5SU1A
'Nike' is already leading in web3 space with @RTFKT and @dotSWOOSH as it's branches@EASPORTS shows genuine interest over introducing 'Digital ownership' to it's gamers…
— MANI (@Mani_NFTz) June 2, 2023
(6/9)
As CEO of EA once stated that "NFTs and blockchain is the future of gaming industry".
— MANI (@Mani_NFTz) June 2, 2023
Despite the chances of the initiative's success…
This by far one of the best and relevant collab in the 'web3' space.
(7/9) pic.twitter.com/Tz5NM18ZGL
The player benefitting the most from this partnership is none other than @polygon
— MANI (@Mani_NFTz) June 2, 2023
Almost every big organization is choosing 'polygon' as a gateway to 'Web3'.
(8/9)https://t.co/ZH3LZR1uvi
If you haven't noticed, this is a silent win for 'Web3 gaming'.
— MANI (@Mani_NFTz) June 2, 2023
Tl;dr version:
– .Swoosh × EA sports
– Incorporation of NFTs into EA games
– More info in the coming months
(9/9)
The dark side of NFTs
The dark side of NFTs:
— Lamboland (@LambolandNFT) June 2, 2023
A throwback to the worst trading mistakes in web3 history ??
(1/23) pic.twitter.com/Xh28X4ObSP
1. Franklin
— Lamboland (@LambolandNFT) June 2, 2023
Franklin made a simple mistake that cost him $160k in just a few minutes.
Here's how it happened… pic.twitter.com/2GDVnVGTK0
Franklin was tired of people placing fake bids on NFTs.
— Lamboland (@LambolandNFT) June 2, 2023
So he minted an NFT that said: pic.twitter.com/vc5yg2yO1s
And as a joke he placed a fake 100 ETH bid on his own NFT.
— Lamboland (@LambolandNFT) June 2, 2023
But because of this fake high bid, someone offered Franklin 1.9 ETH for his NFT.
Which Franklin immediately accepted.
But there as a problem… pic.twitter.com/1Q6eW5O7Yv
While Franklin immediately ran to twitter to celebrate the 1.9 ETH he he just made.
— Lamboland (@LambolandNFT) June 2, 2023
He FORGOT to cancel the 100 ETH offer he made on his own NFT.
So the person who bought the NFT, just sold it back to Franklin for 100 ETH. pic.twitter.com/79XUO8PraH
That person was named MemeWasBorn.
— Lamboland (@LambolandNFT) June 2, 2023
And they just became $160k richer.
They wasted no times buying historical NFTs and Miladys with the money. pic.twitter.com/0ElMZAeKFz
Which MemeWasBorn responded by sending Franklin a Milady ? pic.twitter.com/JacyURs9Q1
— Lamboland (@LambolandNFT) June 2, 2023
2. Dino Dealer
— Lamboland (@LambolandNFT) June 2, 2023
Dino Dealer bought a picture of a digital rock.
And he hit the jackpot since these rocks quickly started selling for six figures.
Dino wanted to lock in profits, so he decided to list the rock for $1m.
However, there was a big problem… pic.twitter.com/qOaAlt8y6I
Now you may be wondering…
— Lamboland (@LambolandNFT) June 2, 2023
Why would somebody have their entire net worth in a picture of a rock?
Well, Dino's net worth was "nothing before the rock." pic.twitter.com/QiRUslO1w7
When this info became public people became happy that Dino lost his rock. pic.twitter.com/zOXjimXb0f
— Lamboland (@LambolandNFT) June 2, 2023
And to make things worse, that same rock sold for $640k just days later ? pic.twitter.com/K2HgzjyKto
— Lamboland (@LambolandNFT) June 2, 2023
3. Keyboard Monkey
— Lamboland (@LambolandNFT) June 2, 2023
KBM sold an NFT for $16,000.
However, his wife was not happy. pic.twitter.com/dARfBcBxOI
But someone immediately outbid him ? pic.twitter.com/GdP2LMURfR
— Lamboland (@LambolandNFT) June 2, 2023
But, there was a problem…
— Lamboland (@LambolandNFT) June 2, 2023
KBM had an old active listing on the penguin.
So, someone was able to buy the Penguin back from KBM just minutes after KBM bought it pic.twitter.com/etvCpBaYrm
Thankfully though KBM was able to get in contact with the new holder.
— Lamboland (@LambolandNFT) June 2, 2023
And he was able to buy back his penguin for an undisclosed amount.
And the community celebrated ? pic.twitter.com/KQdUYibc3m
Top 7 DeFi projects in which Binance has invested
Binance – The Crypto Giant
— MooMs (@Moomsxxx) June 2, 2023
If you don't follow Binance investments you are NGMI.
Here are the Top 7 DeFi projects in which Binance has invested.
A Thread? pic.twitter.com/ZqyqNeICJl
1/ @muxprotocol
— MooMs (@Moomsxxx) June 2, 2023
MUX protocol is a perp DEX aggregator, similar to how @1inch aggregates trades from different DEX.
MUX's competitive advantage is gathering liquidity from all perp DEXs providing deep liquidity and low slippage to its users. pic.twitter.com/9uSIi5KhRl
2/ Stats say that the protocol generates a good amount of revenue compared to its valuation.
— MooMs (@Moomsxxx) June 2, 2023
• Earnings (YTD): $2.3m
• Market Cap: $38,900,000
• Total Value Locked: $45,000,000
Amount Raised: $7,000,000
Co-investors: @Delphi_Digital, @multicoincap, and others.
3/ @SpaceIDProtocol
— MooMs (@Moomsxxx) June 2, 2023
SPACE ID is building a universal name service network with a one-stop platform to register, trade, and manage domains.
More than 1.08m of domains across $BNB and $ARB have been bought.
Amount Raised: $10,000,000+
Co-investors: @polychaincap & @daofive.
4/ @CelestiaOrg
— MooMs (@Moomsxxx) June 2, 2023
Celestia introduces a new modular blockchain architecture that solves the core scaling problems of today’s blockchains.
Amount Raised: $56,500,000
Co-investors: @polychaincap, @jump_, @TheSpartanGroup, and others.
5/ @LayerZero_Labs
— MooMs (@Moomsxxx) June 2, 2023
LayerZero, an omnichain interoperability protocol, enables the realization of cross-chain applications through on-chain light nodes.
Amount Raised: $263,000,000
Co-investors: @a16z, @circle, @coinbase, @sequoia, and others.
6/ Modular Blockchains and Omnichain infrastructure will gain a lot of traction in the future as they solve some of the most significant issues DeFi faces today.
— MooMs (@Moomsxxx) June 2, 2023
Check out this thread to know more about future narratives, including these? https://t.co/I057PNHdb1
7/ @StargateFinance
— MooMs (@Moomsxxx) June 2, 2023
Stargate is a fully composable liquidity transport protocol that lives at the heart of Omnichain DeFi. Users and dApps can transfer native assets cross-chain while accessing the protocol's unified liquidity pools.
8/ Investments and rounds haven't been disclosed, but we know that Binance Labs hold Stargate's token $STG in its portfolio.
— MooMs (@Moomsxxx) June 2, 2023
9/ @0xPolygonLabs
— MooMs (@Moomsxxx) June 2, 2023
Polygon is an interoperability layer-2 that improves the scalability of Ethereum through sidechains and simultaneously reduces gas fees associated with the original blockchain.
10/ With a TVL of $1.55b, significant Web2 partnerships, and Polygon zkEVM gaining more and more traction, $MATIC is set to stay among the giants of DeFi.
— MooMs (@Moomsxxx) June 2, 2023
Amount Raised: $455,000,000+
Co-investors: @dragonfly_xyz, @mcuban, @coinbase, and others.
11/ @ankr
— MooMs (@Moomsxxx) June 2, 2023
Ankr operates as a decentralized Web3 infrastructure where developers can deploy their applications and facilitates cross-chain staking.
Amount Raised: $28,500,000
Co-investors: @PanteraCapital, and others.
12/ Reminder: I keep updating weekly the Notion tracking VCs investments.
— MooMs (@Moomsxxx) June 2, 2023
Don't fade it or you're NGMI. https://t.co/xQ0qduInfP
