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ππWhat is Happening with the BAYC Floor Price?
ππWhat is Happening with the BAYC Floor Price?
Good evening (because it's always evening somewhere!). You're reading "To The Moon," the only newsletter with eyes on the floor. So let's dive in to what's happening in the NFT space over the weekend.
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What is Happening with the BAYC Floor Price?
Pharrell William's Billionaire Boys Club Releases Limited Edition NFTee
Half Moons π - Daily tidbits
NFTevening's Shooting Star π - Our artist of the day
Dark Side of The Meme π - your daily dose of NFT laughter
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What is Happening with the BAYC Floor Price?
Bored Ape Yacht Club (BAYC) has had a wild weekend, following the effects of a recent liquidation by a major holder. The culprit behind the sell-off is Twitter user "franklinisbored," who announced that he was selling his holdings due to some terrible luck. Turns out, he lost almost 2000 ETH in a casino gambling Ponzi scheme. Whoopsie!
Franklin's announcement resulted in the sale of at least 27 BAYC NFTs, totaling $2.8 million in ETH. This is a blow to BAYC holders and investors, as the floor price plummeted to its lowest point in 5 months (54.37 ETH).
But hey, it's not all bad news. Some analysts believe that the dip in BAYC prices could be a good thing for new investors looking to jump in.
This turn of events highlights the need for due diligence and mass education in the NFT market. It's not all fun and games (although there are a lot of games involved).
Pharrell Williams' Billionaire Boys Club Releases Limited Edition NFTee
Pharrell Williams, the famous musician, producer, and fashion icon (and wearer of very tall hats) is back with a new way to make some dough.
His luxury streetwear brand, Billionaire Boys Club, is launching a limited edition NF-Tee. This truly phygital garment is a cotton t-shirt, with an NFC chip implanted within the bb3 logo embroidered patch at the hem.
Fashion, but make it phygital
So, what's the deal with this tee? Well, it's part of the BB3 Technical Goods program, which means it comes with a digital twin in the form of an NFT. And if you're lucky enough to be a BB3 token holder, you can claim this tee and its corresponding NFT via an NFC tap on your mobile device.
The chip can distribute NFTs, which means if you buy this tee, you might just get a digital surprise too. The tee is available in two colorways, and the design pays tribute to one of the earliest BBC OG logo tees, famously worn by Pharrell himself back in 2003 at the Source Music Awards.
Pharrell is no stranger to the NFT world. He was appointed Chief Brand Officer of Doodles back in June of 2022. And with this latest venture, he's proving once again that he's not just a talented musician and fashion icon, he's also a savvy businessman.
So if you're a fashion enthusiast and an NFT collector, this t-shirt is a must-have item. And if you're not, well, you might just want to buy it anyway and hope for a lucky NFT surprise. After all, who doesn't love a good surprise?
Half Moons π
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Mason Rothschild Partners with Moonpay to Fuel Web3 Creativity [NFTEvening]
Shooting Star π
DVK is a multi-disciplinary artist and curator from Denmark. He has been stunning the world with his art in exhibitions all over the globe. His work is often inspired by Expressionism, Nordic Noir, Futurism, and architectural styles such as Brutalism. With his work, he shares his feelings and experiences as well as strong opinions on the world.
Featured Art: Basking in the moonlight
Who's next!? Respond to this email with your artwork and a brief description of yourself for a chance to be featured in our newsletter!
Dark Side of the Meme π
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