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Watch these Berachain Bears
Nobody knows when Berachain will launch. But the memes and NFTs continue
The Metadata
March 15, 2023
GM.
A little more about Panda. Panda lived in a bamboo grove and loved nothing more than munching on bamboo shoots. But Panda also had a peculiar fondness for cows. He would often wander away from his bamboo grove to visit the neighboring cow fields. But how did he get into NFTs? (to be continued)
Today we cover:
CryptoPunks get wrapped
Watch out for the Berachain Bears
Maplestory NFTs, Meta winds down its NFT feature and more news
New Projects Corner
Market Update: CryptoPunks, Wrapped
The top volume collection on Blur yesterday was the Wrapped CryptoPunks, with over 6,000+ ETH in volume traded ($10M+) in a day.
CryptoPunks are not ERC-721 tokens by default, so they originally could only be traded on Larva Lab's marketplace. But more CryptoPunks are being wrapped into an ERC-721 contract, allowing them to be traded on marketplaces like Blur. And for good reason: there's a lot more liquidity on Blur. Just ask this guy who sold 21 punks instantly.
Someone wrapped and sold 21 punks in one go a few hours ago on Blur. $2.4mn of sales in one swing. Mostly floors but a couple slightly above-floor punks.
Hat-tip @robertjfclarke
— NFTstatistics.eth (@punk9059)
1:09 AM • Mar 15, 2023
Watch Out For The Berachain Bears
💲 What to know: We came across a pretty weird project recently and thought we should share some of our early findings.
It's the Berachain NFT collections. These straddle L1 blockchains, DeFi and NFTs.
Berachain is a DeFi-focused EVM-compatible L1 built on the Cosmos SDK. Essentially a new blockchain. It is currently in development. I mean, it has a cute bear as its mascot, what could go wrong? FYI Panda is a bear too.
☘️ In the weeds: The Berachain bears are the first rebasing NFT collection that was released back in August 2021. Rebasing means that Bear NFT holders receive another bear whenever the next collection drops.
So far, there have been 5 rebases. With each rebase, the collection size doubles:
OG Bong Bears (Original)
Bond Bears (28E floor price)
Boo Bears (14E floor price)
Baby Bears (6E floor price)
Band Bears (3E floor price)
The latest, Bit Bears (2E floor price, 2237 items)
This NFT project eventually decided to build its own blockchain. The Berachain community today is pretty much a cult, with lots of people meme-ing and trolling. It's hard to figure out what's really happening.
Apparently, there is even a game on the way. In case you want to take your bears out for a walk...
Did you know the Bit Bears by @berachain / @BongBearsNFT has a WHOLE game coming? 🤯
You'll be able to wear your NFT in game, play with friends online, and much more. 👇🏾
— The HoneyCast 🐻 ⛓ (@Bera_Podcast)
1:54 AM • Feb 22, 2023
🤑 Why it matters: There is speculation that Bear NFT holders will be airdropped BERA tokens when the Berachain finally launches. Hence people are holding on to the NFTs in hopes of receiving the airdrop.
One tip: If you decide to go shopping for bears, make sure to use an aggregator like Gem to find the best prices. Prices on OpenSea are usually higher than on Sudoswap.
Right now, nobody knows when Berachain will launch. But the memes will continue for sure.
Today's News & Coolest Tweets
Limit Break (DigiDaigaku) acquires the FreeNFT minting platform
Porsche airdrops its 911 companion NFT, Porsche Pioneer Co-pilots
Meta winds down its NFT features for Instagram after just a few months
The Pokemon Company is hiring for an NFT expert role. Are you interested?
OpenAI launches GPT-4, its most powerful AI model yet.
🐥 NFT founders can be pretty savage
Founders going wild:
Here's a compilation of the most savage tweets from NFT project founders 🧵👇
(1/13)
— wale.swoosh 🐳 (@waleswoosh)
11:21 AM • Mar 12, 2023
🐥 MapleStory turning into an NFT game?
Maplestory is being turned into an NFT game
at first I thought this would be another "one-off" side experiment
I was wrong, look at Nexon's blockchain vision
they 1000% get it
— Giancarlo (@GiancarloChaux)
3:31 PM • Mar 13, 2023
🐥 Bobu is getting into music
Introducing a new Community proposal. This one is called ‘Bobu presents: Alley Records’ by @mor3_so.
Who doesn’t want to see Bobu (me) become a music exec and drop some banger tunes?
Vote opens March 15th and there will be a Twitter spaces AMA.
More details here 👇
— Bobu the Bean Farmer (@BobuBeanFarmer)
1:49 AM • Mar 14, 2023
🐥 An overview on the Overworld game
Big things are happening in web 3 gaming
• VC funding
• Active founder
What project is this you may ask?
A thread 🧵 👇
— itzBolt.eth (@itzBoltNFT)
11:32 PM • Mar 13, 2023
🐥 Simp power is strong in NFTs
LMEOW, so did a girl lost her azuki then a group of simps made a whole project to mint out just to buy her azuki back just for her to sell for $ ?
therapy, now
— CL (@CL207)
12:41 AM • Mar 15, 2023
🐥 RTFKT teases its next forging event: April 24
Tweet 2 :
Clone X RTFKT x Nike Air Force 1 Forging Event
4.24.23 👟⚒️— RTFKT (@RTFKT)
9:08 PM • Mar 13, 2023
New Projects Corner
🍿 (Collectible) Paris Opera's NFT drop: March 15
🩰“Emergence” our NFT drop with @operadeparis🩰
Supply: 256 unique AI video artworks with music
3 rarities with perks- Presale (150): 03/14 4pm UTC+1
- Public mint: 03/15 4pm UTC+1
- Mint price: 0.2ETH (265€)
- Website: nft.operadeparis.frArtwork reveal: 03/21
— Obvious (@obv_ious)
5:35 PM • Mar 10, 2023
🍿 (Art) Allowlist raffle for Latent Couture by Mikey Woodbridge. Password: sovrn
🎟️Announcing the first 2 Allow List raffles
for Latent Couture by @mikeywoodbridge🎟️for the public:
premint.xyz/latent-couture/for the byteGANs:
PASSWORD: sovrn
moar Premint raffles announced tomorrow. All previous sovrn drops will have an AL raffle.
— sovrn.art (@sovrnart)
9:30 PM • Mar 14, 2023
🍿 (Art) Raffle for a free Patron Pass
Last chance to signup to get one of the 10 FREE Patron Passes. Winners will be announced tomorrow during our AMA space with our co-founders.
Link here: premint.xyz/post-photograp…
— FellowshipAI (@FellowshipAi)
1:14 AM • Mar 15, 2023
That's it for today folks, see you tomorrow. If you want more, follow us on Twitter (@the_metadata). And if you aren't already a subscriber, join us now to get all the daily alpha you need.
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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.