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This #1 Opensea collection reeks of scam
Good evening (because it's always evening somewhere!). You're reading "To The Moon," the only newsletter expert on traffic lights. So, let us take you on a journey of discovery and see whatās been happening in the NFT space this October 20th.Have feedback? Great, we don't want you to keep us in the dark! Send all of your thoughts to [email protected].
3,000,000 users for Reddit NFTs
Dodoor collection: How many more red flags do you need?
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3,000,000 users for Reddit NFTs
The light is green for Reddit, which seems to have successfully minted its latest NFT collection. 3 million of their 430 million monthly active users have opened crypto wallets to grab one of Redditās Collectible Avatar NFTs.
With such a large user base, the social platform can bring many more people into the NFT space. There's no doubt other huge social networks look at Reddit's strategy with envy, as the company potentially now has more active wallets than OpenSea (2.3 million active wallets).
The Reddit Collectible Avatar NFT collection of 40,000 items available on the Solana blockchain sold out and is now available on the secondary market. For this first release, the company partnered with Reddit artists to create around 90 designs. These were then available for sale at prices ranging from $9.99 to $99.99. Some of the collectibles were also airdropped to the most engaged community members. Although the benefits seem limited for now, the reasonable prices and the strong confidence in the brand could turn Reddit collectibles into a massive success.
Creators willing to collaborate and submit their work are invited to fill out a form.
Dodoor collection: How many more red flags do you need?
Flags, lights, and even charts are red for the collection which recently appeared as the number-one position on OpenSea.
Seems like the people behind the collection are giving a masterclass on market manipulation, with newly created wallets involved, a unique NFT collection, and an army of Twitter bots to form a community.
Analyses from real Twitter users such as @punk9059, @0xDataWolf, or @RealDuckMaster all lead to the same outcome. No matter the angle.
Are you still feeling the need for speed and adrenaline?
Today's newsletter is brought to you by Lamborghini
If you are, start your engines and embark on Automobili Lamborghini's highly anticipated NFT drops from their āThe Epic Road Tripā collection. The third NFT collection will kick off on Monday, October 24th, at 10 a.m. EST.
The previous collections were collaborations with Swiss artist Fabian Oefner (Space Time Memory), and with Krista Kim and Steve Aoki (Aventador CoupĆ©). This time, Lamborghini has worked closely with Web3 Proā¢ and INVNT.ATOMā¢ to create a curated series of NFTs that comes with brilliant utilities and reflects the true opulence of the historic Italian luxury car company.
The eight-month-long project will progressively allow you to collect NFTs and be rewarded with:
Whitelist / Early Access to āRareā Gold Drops
Wallpapers
Lamborghini Centro Stile Sketch
VIP Tour
Lamborghini GLB File
To receive the Lamborghini GLB file, you'll need to complete the gold NFT Puzzle by collecting all eight ārareā gold NFTs in addition to all limited edition NFTs.Then you'll be able to āVirtualizeā a to-be-determined Lamborghini model in the Metaverse. When you drive there, watch for those red lights!
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Chema Mendez is a Spanish-born surreal and fine art digital artist who has been creating digital artwork for over a decade. He is currently the lead designer for the music label Dirtybirds Records. Chemaās art can be found in top magazines and also on album covers such as the Dimers' Fortune Cookie.
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