Three Web3 Gaming Breakthroughs

A super eventful week for gaming

Author

The Metadata
June 21, 2023

Welcome to The Metadata, the only NFT newsletter that you’ll ever need. We explain the latest trends in NFTs & Gaming in simple words — every Wed & Fri.

Today we cover:

  • 🐳 The identity of the mysterious $11M NFT whale is finally revealed

  • 👾 Triple Thrill: 3 gaming breakthroughs you MUST know about

  • 🐧 How Pudgy Penguins nailed their go-to-market strategy

  • 🎨 Tony Babel is dropping his first editioned mint in 2 years this week

Market Update: NFT Whale Revealed

Source: NFTstatistics @punk9059

The Whale Wallet has been making waves, splashing out a whopping $11.5 million on NFTs in just the past month. And guess what? It's linked to none other than @PimpCapital.

Over 70% of this spending spree was dedicated to the Bored Ape ecosystem NFTs, like BAYC and MAYCs. Is that the scent of unwavering belief we smell? This is particularly intriguing given the current market trend where Bored Ape NFTs are taking a bit of a nosedive.

@PimpCapital has been dropping hints about a mysterious new project, Flooring Lab. This has been cited as the motivation behind the massive NFT acquisitions. Could this be something related to NFT finance?

Top Story: Gaming Triple Thrill

Three major game developments occured just in the past few days!

#1 Fortnite x Nike Airphoria collab

They’ve built an “immersive, first of its kind Air Max themed experience” made in UEFN (Unreal Editor for Fortnite). This is part of a multi-year partnership between Nike and Fortnite.

Popular livestreamer Brycent took a virtual jog through the game, collecting Air Max grails in a game environment so detailed you can almost smell the rubber. He was so stoked about the integration, he couldn't help but gush, "this is how a real game integration should be done."

Fortnite players can level up their look by purchasing special Air Max-inspired skins for your characters. With Nike's brand power, we can expect to see Nike-designed skins, cosmetics, and special rewards popping up in our favorite games in no time.

#2 Yuga Labs unveiled the trailer for their HV-MTL game

Season 1 will begin on 29 June. Remember Jimmy the Monkey and those Sewer Passes? Well, they've progressed into what looks like a tile-based strategy game that's giving us major Final Fantasy Tactics vibes (shout out to all the old school gamers out there).

You start by building your HV’s home which you can then flex to others. You can also engage in fights with other players. Exact mechanics have not been released yet.

So far the reception has been a mixed bag. Some players are already giving it the thumbs down. But hey, you can't please everyone, right?

#3 Goblintown goes Only Up

"Only Up," is a quirky 3D platformer developed by indie developer SCKR Games. The game's unique charm and challenging gameplay have quickly made it a favorite among Twitch streamers, pulling in over 109,000 viewers at its peak.

But here's the twist: "Only Up" is chock-full of references to the NFT project Goblintown. From the character's clothing to the game's environment, Goblintown's artwork and logos are everywhere. And the best part? Goblintown was released under an open-source license, so anyone can use the artwork, even if they don't own any of the NFTs.

So, here's the million-dollar question: Did SCKR Games collaborate with Goblintown's creator, Truth Labs, to include the artwork in the game?

It's an interesting case of how video games can be utilized to grow awareness of web3 projects. Goblintown NFTs ran up 43% in price over the past week alone, now at 0.3 ETH.

Today's News

  • Machi Big Brother, an NFT whale, sues ZachXBT for defamation, then drops the lawsuit a few days later after a major uproar on Twitter.

  • 6259 explains why he bought The Goose for $6.2M. Its all about seizing the memes.

  • Memeland announced that they would be tele-burning 111 MVP NFTs from their treasury to ordinals to celebrate their one-year anniversary. This could potentially be one of the highest value ordinals ever.

  • fxhash, a generative art platform on Tezos, reveals its “Redeemables” framework allowing NFT owners to claim physical items off-chain

  • Notable Sales: An “AI-generated nude portrait” by Robbie Barrat sold for 299 ETH and a piece called "Departure" by NiftyMonki sold for 11 ETH.

Our Favourite Tweets

🐥 Slinging Rolexes at each other — that’s whats happening on Blur now

🐥 How Pudgy Penguins nailed their Go-to-Market strategy

🐥 The bear case for Ordinals..

🐥 …But if you are still Ordinal-curious, here’s a great place to start

🐥 Why the OCM Ordinals mint is the most interesting Ordinals mint now

🐥 How tokens will transform consumer products

Upcoming Mints

🍿 Vintage Editions by Tony Babel is dropping on 23 June. 25 & 150 editions at 0.9 and 0.3 ETH respectively. Tony is a well-known artist (280K followers) with a distinctive style. This will be his first new edition work in over 2 years.

🍿 A sub 1k Ordinals collection by Dotta, founder of Forgotten Runes Wizards Cult

🍿 Communion by King Xerox (a popular glitch artist) will be launching on Nifty Gateway on 23 June. It will be 20-hour open edition at an affordable $69 each. Open Edition collectors will be eligible for a raffle of 25 limited-edition pieces of another artwork, “Pligrim”

That's it for today folks, see you tomorrow. If you want more, follow us on Twitter (@the_metadata). If you were forwarded this newsletter, you can subscribe with just one-click:

Disclaimer: This newsletter is for educational purposes only. None of this is financial or investment advice. It is not a solicitation to buy or sell any assets. Minting and buying NFTs is risky. Please do your own research.