Metaverse Newsletter #2

ICE Poker launches new products, y00ts raised $15 million through the mint and vis.eth bought ¢2.2 million of Otherdeeds

Introduction

This week was an incredible one! We had Y00ts takeover NFT twitter, a whale bought $2.2 million of other deeds and ICE Poker launched tournament mode and Flex.

Main Stories

We will briefly discuss the main stories of the week in easy to read short formats

Y00ts Launch

Y00ts are a Solana NFT from the DeGods universe, some call it the 'MAYC of Solana'. They minted today (5th September) and only those who had been "y00tlisted' were able to mint one after having to apply through the website and going through a manual review process. Y00ts were minted at 375 $DUST each which was about $1000 at the time of mint and are now selling for 4x that on the secondary market.

The team made about $15,000,000 from the mint alone and then even more from secondary sales through royalties.

Vis.eth Buys $2.2 Million Of Otherdeeds

Vis.eth swept $2.2 million worth of otherdeeds in the centre in a bid to gain a large marketshare of what is assumed to be the most active part of the Otherside Metaverse!

He then went on to tweet some reasoning and insight into his investment a twitter thread below.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">1. In human history, in addition to the resource industry, there are two types of largest businesses: liquidity and distribution rights, which correspond to trading markets and social platforms respectively.</p>&mdash; Vis.eth (@vis_eth) <a href="

Vis.eth @vis_eth

1. In human history, in addition to the resource industry, there are two types of largest businesses: liquidity and distribution rights, which correspond to trading markets and social platforms respectively.

Ice Poker Launches Tournament Mode And Flex

What Is ICE Poker?

Decentral Games ICE Poker is a free metaverse poker game where players earn tokens by completing daily challenges and competing against each other on a daily leaderboard. ICE is the in-game currency that incentivizes player liquidity and enables upgrades of in-game items. DG is the governance token that grants community votes to modify economic incentives and allocate fees that accrue in the Decentral Games treasury.

ICE Poker Tournament Mode

Tournament Mode is a fast-paced, 6-player, single-elimination tournament where you can compete to win badges that can be redeemed for large prizes such as ICE wearables, $ICE tokens, and $xDG tokens.

ICE Poker Flex

ICE Poker Flex is our new progressive web app (PWA) that allows you to play ICE Poker on any browser, including your mobile device. They’re initially launching ICE Poker Flex with Tournament Mode and will be adding Challenge Mode in the future.

Price Movements This Week

Here we will cover movements in crypto prices, Bluechip NFTs and Metaverse land

Crypto Price movements

Ethereum

Ethereum has had a rather solid week after ranging last week between 1500-1600

we have seen an increase of 8.4% in the last 7 days

Bitcoin

As usual we have seen the two biggest cryptos move together.

We have seen a brilliant increase of 13.3% in the last 7 days.

ApeCoin

Apecoin has exploded on news of imminent staking for the ApeCoin DAO where people can stake NFTs from the BAYC ecosystem and then stake APE 0.00%↑ to earn yield.

Bluechip NFTs

Green line - ETH floor price

Pink line - USD value

Bored Apes

Bored apes have had a better week than the previous week and have just about increased in USD value but have however lost some ETH value. With upcoming events around the corner this could trigger a rally.

Clone X

Similarly to BAYC, we have seen a slight increase in USD but a decline in the ETH value of the insane clones

Metaverse Land

Otherdeeds (Otherside land) have also experienced a drop in ETH floor but a slight increase in USD value. We got a brand new trailer for the Otherside as well which has boosted spirits.

Looking Forward

This week we will see the merge finally take place and change crypto forever! The impacts include 99.8% reduction in energy use making it 35x more energy effiecient than VISA.

We will continue to post daily articles on Web3 written by industry insiders and give you the edge you need to win in this world. Have a great week everyone!