☕️ Mint TLDR - Sunday Recap #32
Catch this week's juiciest NFT, Social Token, and DAO news 🎉
gm Mint nation - happy Sunday! If you’re new here, welcome. 🤗
Every Sunday, we issue ‘Mint TLDR,’ where we focus on our favorite weekly stories around NFTs, social tokens, and DAOs.
We’ve curated the juiciest headlines of the week in an easily digestible format for you to enjoy with your Sunday coffee.
If you haven’t already, join Mint’s Discord + claim your free Season 4 Listener Badge NFT that I distribute at the end of the season! There may or may not be rewards in the future. 😉
👇 Let’s dive in!👇
💎 NFTs
Epic Games has raised $2 billion from Sony and KIRKBI at a $31.5 billion valuation with plans to build a blockchain-based metaverse. 👉 Read More
Coinbase is producing a movie trilogy titled “The Degen Trilogy,” which will have cameos from Bored Apes. Apes submitted their casting bios last week. 👉 Read More
Polygon network-based NFT basketball game Swoops raised $3.5 million from Courtside Ventures, Alpaca VC, and Gary Vaynerchuk. 👉 Read More
Meta announced that it will enable VR creators to sell virtual items in Horizon Worlds and that it will take 47.5% of the sales to itself. They said it was a competitive rate — that’s funny. 👉 Read More
The metaverse avatar company Genies raised $150 million in a Series C round which values the company at $1 billion. 👉 Read More
Moonbirds, the NFT collection of Kevin Rose’s PROOF collective - a private members-only collective of 1,000 dedicated NFT collectors and artists - has enjoyed one of the most successful launches in NFT project history. The collection raised $60M on the initial sale and has already seen over $130M in trading volume in just 12 hours. The floor is currently sitting at 12.6 ETH. 👉 Read More
The NBA Launched an initiative dedicated to Web3, Metaverse, and NFT Collectibles. 👉 Read More
🚀 Social Tokens
13 National Football League teams announced a collaboration with Socios, the fan token platform. 👉 Read More
“Social Token Roundup: The Good, The Bad, and the Ugly” 👉 Read More
SeedClub wrapped its first season of Club Pod. 👉 Read More
Lukas Schor, Product and Strategy Lead at the widely popular multi-signature treasury Gnosis Safe, announced a spin-out of the project with a new governance token titled $SAFE. Congrats to everyone who’s opened a Safe in the past, you’re about to get an airdrop. 👉 Read More
🌐 DAOs
Capital DAO Protocol, a project that wants to innovate VC launched the first decentralized venture capital using DAO. 👉 Read More
Reputation DAO is building a business on leveraging users’ data such as credit score and KYC to adjust needed collateral for DeFi loans on lending platforms. 👉 Read More
Cult.DAO is a new DAO that can be best described as a venture capital fund run by Anonymous. Nobody in the DAO holds the private keys to any of the funds managed by the DAO as they are controlled by smart contracts. 👉 Read The Manifesto
TheCaféDAO is planning on opening a pop-up this month in Seattle NFT Museum. They have a vision for a coffee shop chain that changes the traditional cafe ownership structure. 👉 Read More
🐦 Twitter Threads Worth Reading
👹 Savage of the Week
In case you haven’t heard (I know you did) — Elon Musk offered to buy 100% of Twitter for $43 Billion at $54.20 per share. Disclosed in an SEC filing, he said he believes Twitter needs full privatization to become the free speech platform he knows it could be. My first thought was, “I’m not surprised.” After, “not sure if Twitter should be a free for all townhall.” Then, “What does Musk know about running a social media platform, and does he even have the bandwidth?”
🎙 Podcast Recap
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That’s a wrap. If you’d like to continue the conversation, follow me on Twitter here. 💃
Enjoy your Sunday and we’ll see you next week :)
P.S. if you want to submit stories to be included in next week’s edition, you can do so here 👉 https://forms.gle/oQGRLNbQ6M2WWU826
Disclaimer: Investing in NFTs comes with inherent risk including technical risk, human error, platform failure and more. This newsletter is strictly educational and nothing we offer is financial advice. We are not professionals or licensed advisors. Views my own and not any other company I’m affiliated with.