Welcome to NFT Update!
- I'm your host Deezy. - And I'm Justin.
- Also known as Jeezy. - Nah.
And we come to you twice a week with the NFT news and upcoming launches
- that you might want to keep an eye out on. - Yeah. That's right.
This week, we had a little bit of the news front.
OpenSea sales volume for Q3 was released.
Now, this is July, August, September.
Q1, it was like $1.2 billion.
Q2, like around $1.3 billion.
You want to know much Q3 was?
You showed me, but I can't remember.
It was crazy!
- Over $10 billion. - Gee! And we're not even--
Yeah. And then we looked at October.
We looked at the month to month.
You know? So August spiked.
September spiked.
Now, we looked at the data for four days in October,
and it was already like a quarter of September.
- Let me ask you something. - Ask me.
What do you think's going to happen to the NFT market
and the volume, trading volume, if we do go into a bear market?
If we go into a bear market, I think it's a good hedge,
but, of course, sales volume is going to diminish.
Prices will go down.
But the blue chips?
I expect them to gain ETH, gain Solana.
Gain ETH. So you think they're going to hold their dollar value and gain ETH?
Yeah. And I've said this before.
Like, not everyone wants to sell 100% of your Ethereum.
- No. - Through the bear market.
You're not going to want to sell all of it.
- So, park it in some NFTs. - Yeah.
- Hopefully they hold. - Yeah.
- I think-- - It's going to be-- it's going to be intere--
We haven't seen a bear market with this much attention on NFTs,
so it's going to be kind of new territory, I think, when we see it.
Yeah, we saw with the CryptoKitties, you know, they spiked, and then they dropped,
- but, you know, they eventually just started gaining ETH. - Yeah.
- But, now, it's a whole different world since CryptoKitties. - Yeah.
Like, we're in new territory as far as NFTs go.
The volume-- I mean,
some would say that the whole crypto market right now can be propped up by the NFT volume.
Alright. Well, let's go into our first project here.
- What have you got? - This is dropping Sunday.
So you're watching this on a Saturday. This is dropping Sunday on the 10th.
- And it's CrazySkullz. - Oh!
- These things are crazy! - Yeah. I saw some of the art.
We actually have some too that we're going to be giving away to our community.
Yeah, yeah. I'm looking forward to that.
So, there's 2,700 that were minted pre-mint,
but then the rest or about 70% of them are coming online Sunday,
- and you'll be able to purchase them. - Okay.
Holding one on Halloween, you're going to get a Spooky Card.
- Ghad! That sounds so scary! - It's spooky.
Drop's on Halloween.
These cards are going to give you all types of features and access.
This is some--
- I've said it before, but this is some I've never seen. - Yeah.
Not only if you hold three, you will get a free NFT dropped in the future,
it's a Mummy Skull,
but check this out.
- Holding it gives you a share of royalties - Okay.
from OpenSea,
but bigger than this,
future sales?
You'll get 3% of the sales split amongst the cards.
- Forever? - Forever.
Every project that they launch in the future,
they're giving out 3% of the sales to the holders of the Spooky Halloween Card.
- So, real-- I feel like I'm watching Shark Tank. - Yeah.
And I'm Mr. Wonderful.
- So, I'm going to get-- - 3% in perpetuity.
- In perpetuity? Perpetuity. - Perpetuity?
I got a royalty deal for you.
- I've got to rise-- yeah, yeah. - Not something--
I want to $2 off every honey bun you sell in the future.
Yeah. But you've got to think about that--
I mean, basically that's the definition of passive income.
If you hold this NFT,
forever, you will get 3% of whatever drop they come out with in the future.
- Yeah. - It's pretty big.
So every Skull, you get one pass, one Halloween Card.
So you get one for every NFT.
And so, I mean, I'm expecting pretty big things from that,
but they also have-- They have more.
- What is it? - Yeah.
- So they're dropping the Spooky Card on Halloween. - Yeah?
Early November, they're giving out a Radioactive Can.
- Now, remember the Mutant Apes? - Yeah.
- They're going to do like radioactive Skullz. - Oh, nice!
- Kind of like a Mutant Ape, you know. - Yeah.
The Bored Apes had a Mutant Ape.
Well, the CrazySkullz are going to have a "nuclear" Skull.
- The Bored Apes were very successful, - Yeah.
- but the Mutant Apes were just as successful. - Yeah, yeah.
- I mean, they're still trading for multiple ETH, so. - Yeah. I think they made like 90 mil on the drop,
like, within three hours.
So, CrazySkullz. It drops Sunday.
Check it out.
All types of things on the roadmap, so-- and the art. The art is sick.
Very cool. Very cool.
- Well, I got a-- - What do we got next?
I got a project. It's an oldie--
well, it's not really an oldie.
- It's kind of an OG project in the NFT space. - Okay.
We just kind of want to highlight it.
It's a very cool thing.
We're actually in talks with them currently on doing some Pluto Alliance stuff.
We got some--
The Pluto Alliance thing is just crazy.
But, yeah.
Enjin.
- Okay. - Enjin.
Possibly going to be a future partnership, sponsorship of Pluto Alliance.
I'm really excited about the possibilities.
They're developing their own multi-chain NFT platform.
I think everybody kind of knows that.
We got JumpNet. Efinity coming out soon.
Basically, it's a layer 2 solution,
so now,
game developers can build on the Ethereum network
and use the Ethereum tools without all those gas fees
- that just kill projects. - Yeah.
Yeah. You can't buy a Fortnite skin if you've got to pay $27 in the ETH gas.
- No. Or more. - Yeah.
I mean, no one's going to play that game.
So, we think Enjin is going to be that platform that's just going to catapult mainstream adoption
as far as online blockchain gaming.
So, Efinity is going to be a Polkadot parachain.
Very cool.
It's going to be focused on NFTs, gaming and metaverse.
Efinity will also be developing frictionless onboarding to newcomers,
so it's going to be extremely easy to get over on this platform.
Yeah, so if you want to get Enjin,
it's ENJ.
It's a top 100 coin.
- I think it's around 80 in the market cap right now. - Yeah. Very big.
Pluto Alliance sponsorship possibilities.
You all think about that.
Could be a game.
Could be another drop.
Alright. We'll see. We'll see.
- Alright. So, we got another project. - Yes. It's World of Freight.
It's minting right now.
Right now, you can mint it.
It's a vehicle drop.
It's 10,000 vehicles.
They got UFOs.
They got trucks.
They got, you know, all type-- boats.
But here's the thing.
This NFT is actually going to be tied into a real use coin,
not just some governance token, in-game currency.
They're trying to make the European VeChain.
- VeChain? Like chain-- a supply chain type--? - Yeah. So the coin is going to be called the Supplain.
- Like supply chain. - Hmmm.
- And, yeah, they are trying to compete with VeChain. - Oh, nice!
So, in America, you can't get an airdrop of a coin unless you use an NFT.
- Yeah. - So this gets around that.
- And that's probably early January. - Yeah. We saw that with Bondly.
It was very successful.
You bought their NFT on Rarible,
and then they later came back, I think a month later,
and airdropped Bondly tokens to all the people that held the Bondly NFT.
Yeah. And that lets US citizens and other citizens, like, participate in an airdrop.
- It's really the only way. - Yeah. It really is.
Yeah. So the game, you know, the NFT itself, they do have more stuff, you know.
Supplain? Yeah, that's January 2022 probably.
Right now, you can actually do things with the NFTs.
They have a game launching this weekend,
so you might be able to play as soon as, you know, this video is dropping.
They have a garage, a junkyard and a racing arena.
- Oh. Kind of like a Mario Kart? - Exactly.
So, in the garage, you can upgrade your vehicle.
In the junkyard, you can just burn your vehicle and then get a reward.
And then a racing arena,
yeah, you race other vehicles, and then you win that token.
- That's pretty sick. - Yeah. It's World of Freight token,
the WoF or the "WoF".
- WoF - Yes.
So, just holding one of the NFTs, you get 25 of these every single day.
- Yeah, that's pretty big. Pretty big. - First 2,000 to mint is given a bonus 500.
- Oh, I'm going to go mint one right now. - I'm actually about to.
- Yeah, so. - Yeah.
So, World of Freight. It's live now.
I mean, you got the racing.
You got Supplain coming.
Now, this is a long-term hold.
I mean, you see what VeChain's worth.
It's what? Top 20 coin? I mean, it's in the billions.
So if they can actually pull off a European VeChain,
- this is going to be gigantic. - It's going to be huge. For sure.
- So, this is going to be on Ethereum? - Yes.
- So, what is it? It goes like 0.1? - No. It's 0.08.
- There's like 38 vehicle types. Some are pretty rare. - Oh, that's not that bad.
So, yeah. It's live now, minting now. Go ahead and check it out.
World of Freight
Alright. Now, it's time for the giveaways?
- It is the end of the show. What you got? - Yeah. Let's give away a Pluto Alliance NFT,
but let's do a Pluto, a Plutonian.
They're going for like $5,000.
- A Pluto? - Yeah.
All you have to do is retweet this guy, NFT_Justin, at Twitter.
Retweet his pinned tweet, make sure you're following,
and we're going to give away a Pluto Pluto Alliance NFT.
So, when do you want to pick the winner?
Let's just pick it when we get back in the office Monday.
- We'll make intern Andrew do it. - Hmmm. Intern Andrew.
- Yeah. We'll make him do it, and what else? - Yeah.
Let's do some for the Black Hole holders.
If you own a Black Hole, go check your wallet.
Check your wallet,
and there might be something extra in there.
Not might, there will be.
Alright. Well that's all we got time for today.
- It is. I'm going to throw it to you. - Let's do it.
- Let's do it. - Alright. Here we go.
- I'm going to dribble it. - I'm--
Waiting.
Geez! That was a terrible throw.
Alright. Well, that's all we got time for this week.
- Pluto is a planet. - Pluto is a planet.