#112 - Web3 threads of the week 🧶

GM Daily-ers!

Author

joe hitchcock
December 17, 2022

GM and welcome to Decentra Daily.

It's the weekend. It's our web3 threads of the week. It's free real estate.

It's Free Real Estate | Know Your Meme

Today,

Top 24 hr NFTs sales

via DappRadar

  1. Football Ape Fan Club 6 sold by 0x97...e054 on OpenSea for 120 ETH

  2. CryptoPunk #5214 sold by 0xfe...a448 on CryptoPunks for 98.9 ETH

  3. Football Ape Fan Club 3 sold by 0x71...8167 on OpenSea for 100 ETH

  4. BAYC #6918 sold by 0x8d...c038 on OpenSea for 90 WETH

  5. BAYC #2102 sold by 0x7a...215d on X2Y2 for 85 ETH

Web3 threads of the week

Here are the topics that had people Tweeting over the past few days.

Trump NFTs sell out (unlike other celeb collections)

Trump's 45,000 collectible cards sold out within 24 hours of release, and are maintaining a floor of around double their original price.

Will the Trump effect continue for this collection?

Maybe! But history isn't kind to NFTs that ride on celebrity clout. 

Here, @MilkRoadDaily lists some of the biggest celeb NFT flops and rug pulls:

The lesson? Celebrity NFTs are mostly for fans, not investors.

And your favorite celeb might not care about you as much as you care about them... DYOR!

The NFT casino vs the NFT factory

Here's a neat analogy from @GiancarloChaux on a broad view of the NFT market.

According to them, NFT collections of the past two years are mostly "casino" projects – alt coin-esque assets designed for speculation and flipping.

Over the next months and years, the theory goes, we'll see casino projects die out, as fatigue and losses set in.

The next stage in NFTs? "Factory" collections.

Factory NFT projects are aimed at the average person and offer real consumer value and experiences:

@GiancarloChaux cites Reddit collectibles and Starbucks Odyssey as early examples of factory collections.

– But are these so different from your average degen JPEGs?

Why blockchain gaming?

We love games at Decentra Daily, and we're always interested in projects that combine game and chain™️.

Why? Because the two worlds have so much to offer each other.

The blockchain brings ownable assets and real-world revenue to gamers, while video games turn protocols into engaging, communal, fun experiences.

Here's @WigglesCEO to explain in more detail:

What web3 games do we care most about right now? Check out Wolf Game and InfiniGods.

How to spot common web3 scams

Most people don't think about scammers until they get burned.

Please don't wait until you're hurting to up your web3 security game!

@teddi_speaks has compiled this high-value thread of threads on popular blockchain scams and how to avoid them:

What are the simplest ways to protect yourself from bad actors?

@teddi_speaks recommends:

  • Don't reply if you don't share any followers

  • Don't click links from devices connected to wallets

  • And of course, always consider using a hardware/cold wallet.

Buy an NFT, get lifetime access to Rolling Loud

This is kinda cool: hip-hop festival network Rolling Loud is offering fans lifetime access to their entire set of global events via an NFT.

As @ToTheDemon says, these LoudPunx NFTs let you swap your lame NFT event party for VIP access to one of the biggest annual festivals in the world:   

Now, if you could rent out your LoudPunx? I'd be interested.

Here's the official LoudPunx Twitter feed.

The date and price of the mint are yet to be announced. DYOR.

How to bring AI into your writing

Wanna be a Twitter influencer but can't string a sentence together?

@NFT_GOD's got you covered.

Here's how to harness some of the most popular AI writing tools to generate ideas, nail your tone, check your grammar, and stay aligned with your readers:

I swear, if I see another crypto bro sharing their extremely average ChatGPT creations...

On the web3 wire

Meme of the day

See ya next week!

👋