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๐Ÿš€ ๐Ÿš€ Solana Foundation Wants Your Next Big Idea for Profile-Picture NFTs

Good evening (because it's always evening somewhere!). You're reading "To The Moon," the only newsletter discovering novel NFT use-cases. So, let's create big ideas and dive into what's happening in the NFT space this past weekend.

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  • Solana Foundation Wants Your Next Big Idea for Profile-Picture NFTs

  • NFTs as Legal Service? Patagon's Attempt to Serve SpartacusDAO Takes an Unexpected Twist

  • Half Moons ๐ŸŒ— - Daily tidbits

  • NFTevening's Shooting Star ๐ŸŒ  - Our artist of the day

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To the Moon index

Solana Foundation Wants Your Next Big Idea for Profile-Picture NFTs

The Solana Foundation is hosting the "NFT Showdown" competition, inviting creators to pitch profile-picture collections with real-world utility. This innovative approach aims to redefine how NFT brands plan their businesses for long-term success.

POV: Founders pitching NFT sandwich PFP saying the words โ€œmerch, staking, and deflationaryโ€ not knowing what they even mean:

Partnering with Magic Eden, Okay Bears, and Hyperspace, the Solana Foundation is determined to bring fresh ideas to the NFT ecosystem.

To enter the competition, submit a pitch in PDF format between June 5th and June 9th, including target audience, problem-solving capabilities, business model, market strategy, community engagement plans, and mock-up artwork.

Winners will receive mentorship, workshops with industry experts, and Solana's Breakpoint event tickets.

Join the Solana ecosystem, challenge Ethereum, and showcase your creativity to the world in this exciting opportunity, shaping the future of NFTs.

NFTs as Legal Service? Patagon's Attempt to Serve SpartacusDAO Takes an Unexpected Twist

A significant legal battle is currently unfolding with potential ramifications for the NFT industry. In a groundbreaking move, a federal judge has upheld the decision to freeze $35 million in cryptocurrency assets held by SpartacusDAO.

What makes this case unique is that the court served the defendant with a legal notice through an NFT, marking an innovative application of blockchain technology in the legal field.

The court seizing digital assets are the new diamond hands.

The lawsuit originated from investors in the SPA token who took legal action against Spartacus founder Wei Wu. As a result, Judge Victor Marrero of the Southern District of New York issued a restraining order against Wu, preventing him from accessing the company's treasury funds.

He has remained unresponsive despite numerous attempts to contact Wu through traditional means and even via the Spartacus Discord channel.

Bro said:

This case demonstrates the growing acceptance of NFTs in legal proceedings and showcases the potential of blockchain technology to revolutionize traditional legal processes.

By embracing NFTs as a means of serving legal notice, the court embraces technological innovation and paves the way for further adoption of NFTs in legal contexts.

๐Ÿš€Making Degen Moves in 2023

This year, we have seen the rise of Bitcoin NFTs, xNFTs, AI NFTs and more. The landscape is changing, and it can be difficult to keep up with the growing NFT space. Fear not - we have got you covered! Check out our guide to top NFT picks for 2023, from PFPs, to Art NFTs, Gaming and beyond.

Head to the end of this email and refer a friend to receive your free guide to NFTs in 2023. Letโ€™s build that generational wealth!

Half Moons ๐ŸŒ“

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  • Unleash the Force: Star Wars Cryptoys Are Set to Revolutionize the NFT Market! [NFTEvening]

Shooting Star ๐ŸŒ 

Jayoon is a first-generation Korean-American artist based in New York. She is inspired by the various cultures and customs that shape our individual and collective identity.

Featured Art: The Roar

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