Morning Minute | Instagram Users Are Coming to Crypto
Tyler Warner

TylerD's Market Summary

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  • New "Degen Draw" raffle game

  • Punks, Penguins and Milady's live for trading

  • 100% of their Blast airdrop being shared with the community

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📲 Crypto Comes for Instagram

NFTs and crypto have mostly run on Twitter (X).

That's where the user base congregates and discusses, debates and fuds the market and its products.

Well, now the door is opening for an expansion to a new social media app.

Instagram.

What Happened?

Yesterday, Privy announced a new integration with Instagram.

dApps and Protocols now have the option to add Instagram as a Privy login option.

If you aren't familiar with Privy, they focus on authentication, authorization and data control tools to enable better consumer crypto products.

Their vision is to change "the way users connect to their favorite products."

The privy wallet (used for apps like Friend Tech and Fantasy Top) is a custodial wallet set up by the team launching the app, enabling users to use the app without having a native crypto wallet set up.

Users then have the option to export that wallet into a standard self-custody wallet option like MetaMask, Rainbow, etc.

In the past, most apps have had users connect via their X accounts to sign up and launch their privy wallet - and now it can be done via Instagram.

Why It Matters

Privy wallets create a much better consumer experience.

Sign up for apps with a few clicks, gasless transacting and no signing of transactions in general.

Anyone who has used apps like Friend Tech or Fantasy Top can attest to the smoother buy/sell process due to that lack of signing every time.

And now the privy user pool is growing exponentially.

Are these apps ready to expand widely to Instagram?

Probably not, yet.

But for a consumer crypto app to truly breakout, it's going to have to reach audiences like Instagram. 

The first app to do so will become a powerhouse in SocialFi or whatever crypto sector it plays in.

And privy is paving the way.

🚚 What else is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

  • ETH led NFT trading volume with $7.5M on the day (+6%); BTC was next with $6.5M (+6%) and then Solana with $3.1M (-32%)
  • ETH NFT leaders were mostly red down 2-5% after a recent rally; BAYC -4% to 15.3 ETH; MAYC -3% to 2.97; Pudgy -2% to 12.3; Doodles +9% to 1.7 outperformed
  • Honey Combs led top movers, jumping 30% to 0.3 ETH
  • NodeMonkes led BTC trading volume with just 10 BTC volume (0.31 BTC floor) as most Ordinals leaders dipped on the lower volume
  • OMB -7% to 0.41 BTC; Quantum Cats -5% at 0.38, and Puppets -20% to 0.222
  • The Runevo team launched its Runes Telegram bot enabling buying of runes token directly from TG, with selling and other features coming soon (Runevo NFTs +50% to 0.003)
  • Solana NFTs were mostly red on the day; Mad Lads -4% to 79 SOL, Tensorians even at 12; DeGods -4% to 45, and y00ts -7% to 11
  • Blast NFTs saw green again with many sets up 4-10%, led by Plutocats (+13% to 2.42), Blastopians (+5% to 0.4 ETH) and Pac Rekt +13% to 0.3 
  • OSF announced a new free NFT mint on Blast (6666 supply) launching this Friday, with priority given to Pac Rekt holders, his D1 shareholders and his ETH art holders
  • A Skulls of Luci was sold to Alan Howard on Tuesday in an undisclosed deal
  • CryptoPunks introduced LIE DOGGO, a new exhibit from Nina Chanel, which includes an interactive installation from the Punks in Residence Program

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token or airdrop news from the day:

  • The Blast Jackpot hit a 6% win for $BIG token holders on Tuesday, who got to split 85,000 Blast Gold
  • The Fantasy Top floor rose to 0.014 ETH briefly on Tuesday, a 75% gain from Monday; it's since returned to 0.01 after some late day botting issues impacted users like Wardaddy, Bold Leonidas and more
  • NFT Stats lowered his Blast Gold estimate to $10.68 after recent Jackpot dilution
  • Mode (an OP stack-based L2) began distribution of its 550M tokens on Tuesday
  • MetaStreet launched its Apollo mint on Tuesday, with minters receiving benefits like daily XP points, access to higher LTV borrowing, enhanced Blast Gold and more

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

  • Crypto majors are red this morning; BTC -2.9% at $62,170; ETH -3.5% at $2,990, SOL -7.5% at $145
  • Memecoin majors were red also with DOGE -7%, WIF -12% PEPE -7%;
  • FTX creditors will get 118% of their lost funds back in a new proposed settlement, in cash, within 60 days of court approval
  • Susquehanna ($438B in AUM) disclosed a $1.3B position in Bitcoin ETFs on Tuesday
  • Pump dot fun is bringing in more revenue than Uniswap Lab as memecoin mania continues
  • Build-A-Bear indicated it aims to continue building in the metaverse and web3 in its latest press release
  • Zora acquired Mint.fun in its latest move

🚀 Memecoin Movers 

  • $REAL (+965%, $33M market cap, Base)
  • $ZYN (+52%, $27M market cap, ETH)
  • $KENDU (+44%, $25M market cap, ETH)
  • $BAJA (+30%, $3M market cap, Blast)
  • $PAC (+23%, $51M market cap, Blast)

📈 NFT Floor Price Increase (ETH)

  • Volted Dragons (50%, 0.09 ETH Floor)
  • Honey Combs (30%, 0.3 ETH)
  • TODAY (21%, 1.6 ETH)
  • Mintify Genesis (19%, 0.12 ETH)
  • BOGx Genesis (15%, 1.59 ETH)

🗓 Upcoming NFT Mints and Reveals

Today is focused mostly in the art sector, again across chains with BTC, Base and Arbitrum in play.

Yue Minjun is back with "Human" dropping today on Bitcoin.

The Prohibition team is facilitating the (Dis)ordered mint from Volker.

See the full list and dive in for more details with Swizzy's daily mint monitor

  • Yue Minjun x LiveArt - Human (8:00 a.m. ET)
  • Aphone (9:30 a.m. ET)
  • Memes by 6529 (11:00 a.m. ET)
  • Volker x Prohibition Art - (Dis)ordered (12:00 p.m. ET)
  • DreamYourOlivesRetiral (1:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.warner@luckytrader.com.

Morning Minute | Instagram Users Are Coming to Crypto
Onchain Gaias Shares Official Whitepaper
Logan Hitchcock

Onchain Gaias aims to democratize AI technology and bring advanced AI capabilities to the masses, according to its recently released whitepaper. 

The Deets

  • AI Agents: Each NFT holder will access a system of AI Agents
  • Community Participation: Players earn rewards by training these agents
  • Open Innovation: Aims to challenge tech giants with open-source AI

The Bulk

Onchain Gaias (OGs) aims to make a meaningful impact on the world with its NFT collection. These NFTs, temporarily represented as Degen's Golden Tickets, signify ownership in a "revolutionary art project."

Beyond their aesthetic value, OGs NFTs offer utility. GAIAs are AI agents that can be trained through onchain gameplay, with compute resources funded by player transactions. OGs NFT holders have the exclusive ability to create and train these agents. The system incentivizes participation through rewards in the form of tokens earned by training agents to mastery in various games and skills.

By leveraging cutting-edge research in multi-agent systems and decentralized compute, GAIAs aims to surpass the capabilities of top AI labs. The project envisions a future where highly capable GAIAs can be monetized through platforms like the Armory Marketplace (Intelligence-as-a-Service) and the Foundry Marketplace (Transfer Learning as a Service).

🎤 Community Quotes

{"LuckyQuote quote="The potential of GAIAs to democratize AI is truly groundbreaking. We're excited to see how this evolves." source="Community Member"}

📊 By the Numbers 

Onchain Gaias hold a floor price of 0.75 ETH. 

🔜 What's Next?

Stay tuned for the official launch of the AI Agents system, which will open up new opportunities for innovation and collaboration within the Onchain Gaias community.


For more web3 and NFT news, visit the Lucky Trader newsfeed.

Onchain Gaias Shares Official Whitepaper
KOR Foundation Unveils New Entertainment Protocol
Logan Hitchcock

KOR Foundation is partnering with Animoca Brand's subsidiary, Pixelynx, to launch KOR Protocol, a platform reshaping intellectual property management across multiple sectors.

The Deets

  • Innovative Framework: KOR DNA integrates blockchain and AI to evolve IP into music, video, gaming, and more.
  • Launch Partners: Includes Animoca Brands, Pixelynx, Beatport, and more.
  • User Engagement: Supports UGC, AI Remixes, and interactive formats.
  • IP Management: Encodes, tracks, and manages IP with enhanced security and transparency.

The Bulk

KOR Foundation announced the launch of KOR Protocol, an entertainment protocol designed to revolutionize the management, protection, distribution, and monetization of intellectual property (IP) across various sectors. At the heart of this protocol is the KOR DNA framework, which leverages blockchain and AI to transform IP into diverse media formats, such as music, video, gaming, and beyond. This framework also facilitates  collaboration between creators, developers, and fans.

The protocol has secured partnerships with Animoca Brands, Pixelynx, Beatport, Endlesss, Smile Club (A Black Mirror Experience), Revelator Labs, mau5trap, Volta, Plastikman, Mintangible, and Seven20.

One of the initial applications launched on KOR Protocol is KORUS, a platform that empowers users to create songs, remixes, and music videos using musical content from established artists and labels. KORUS has already amassed over 250,000 registered users, showcasing the potential for widespread user engagement.

KOR Protocol's advanced tools support user-generated content (UGC), AI Remixes, and interactive formats, enabling dynamic user participation and transforming traditional media formats. By utilizing blockchain technology, KOR Protocol introduces transparent and efficient IP licensing models that streamline transactions and royalty distributions, with key integrations from Revelator Labs and the Beatport suite of products.

🎤 Founder Feedback


We believe in the vast potential of NFTs and blockchain in transforming the entertainment industry. KOR Protocol represents a leap forward in how creators can manage and monetize their IP, fostering a more collaborative and innovative ecosystem.Inder Phull, CEO of Pixelynx


For more web3 and NFT news, visit the Lucky Trader newsfeed.

KOR Foundation Unveils New Entertainment Protocol
Morning Minute | Fantasy Top Pays Out $1M+ In First Week
Tyler Warner

TylerD's Market Summary

Today's Morning Minute is brought to you by Arcade, the leading protocol for NFT lending.

Arcade allows users to hold on to their NFTs and still get liquidity when needed via their flexible time-based lending terms.

They changed the game with their Smart Vaults, allowing users to store their NFTs in vaults during the loan process - enabling them to claim airdrops sent to the NFT after paying off the loan.

It's a major unlock.

The protocol has seen an explosion in user growth (+130%) and monthly loans (+300%) over the past 8-9 months as more and more users find the platform.

And of course - users are being rewarded.

Lending and borrowing on the Arcade protocol earns points which convert to $ARCD tokens.

So check Arcade out today, give or take some liquidity and start earning!

💸 Fantasy Top Comes for Twitter Users

There's a hot new game slash SocialFi app taking command on the timeline.

Fantasy Top.

And unless you've been living under a rock, or avoiding most of the CT influencers, you've been seeing it everywhere.

Well, given early results from their first main tournament - you can expect to see a whole lot more.

What Happened?

Yesterday Fantasy Top officially launched its first Main Tournament with a major prize pool including 222,222 Blast Gold ($2.6M), 50 ETH and more.

This was enough to entice nearly 18,000 players to set teams and vie for the top prizes.

If that wasn't enough, they also announced their first payout to Heroes (those who have cards in the game) - to the tune of $1.25M.

Leading Heroes saw 6+ ETH with many receiving 3-4 ETH or more.

A massive win.

But the Heroes aren't the only ones winning.

By The Numbers

The stats from their first week on mainnet are staggering:

  • 7,800 ETH in trading volume ($24.2M)
  • 3,400 ETH in treasury ($10.5M)
  • $1.25M paid to Heroes
  • 234 ETH in MP fees ($725k)
  • 33,055 users

That's some pretty serious demand.

And it's showing in the Heroes Marketplace, where the overall floor has risen to 0.008 ETH (~$25) and new Packs have risen to 0.38 ETH (~$1,200).

The natural comparison here is to the early days of NBA Top Shot, where Moment prices seemingly went up every day for weeks until the initial bubble popped.

So is the same pop coming for Fantasy Top?

What's Next?

A few major upcoming factors to watch which will drive the near-term future of Fantasy Top:

  • Results of this first Main Tournament (and if any major players get nerfed)
  • Additional rules changes (the team did change scoring yesterday)
  • The introduction of the 2nd class of Heroes

The biggest risk to Fantasy Top here is a big player like Ansem or Jenn getting their X account suspended due to botting or some other outside cause.

Another risk is continuing to change the rules of the game on the fly after whales have put thousands of dollars into decks.

Arguably the biggest risk to near-term price action is when the next class of Heroes will be introduced and how many will be there.

Dilution will lead to season 1 heroes dipping most likely. But, many are already getting priced out of making "good" decks - so an influx of new Heroes could bring even more users into the game.

Plus the new wave of Heroes will be incentivized to market themselves and Fantasy Top to get their revenue share.

It's a good flywheel.

My read? 

We will reach a point where cards are too expensive and the "bubble pops" - but we aren't there yet, or even that close.

Game on.

🚚 What else is happening in NFTs?

Here is the list of other notable headlines from the weekend in NFTs:

  • ETH led NFT trading volume with $7.2M on the day (+28%); BTC was next with $6.1M (-32%) and then Solana with $4.8M (+59%)
  • ETH NFT leaders were mostly green gaining 3-5% again on the day; BAYC +4% to 16 ETH; MAYC +3% to 3.06; Pudgy +5% to 12.5; Azuki +3% to 5.32
  • CryptoPhunks and EthLizards led top movers, jumping 42% and 34%
  • Blob led BTC trading volume with just 9 BTC volume (0.065 BTC floor) as most Ordinals leaders dipped on the lower volume
  • OMB -5% to 0.44 BTC; Quantum Cats even at 0.397, NodeMonkes -10% at 0.31 and Puppets -2% to 0.259
  • Solana NFTs were mostly red on the day; Mad Lads -2% to 82 SOL, Tensorians -8% to 12; DeGods -7% to 48, and y00ts -4% to 12.5
  • Blast NFTs saw green again with many sets up 10-20%, led by Blastopians (+3% to 0.38), Blast Penguins (+14% to 0.16) and Goldmilio (+21% to 0.47)
  • A farmer dumped 380 Plutocats on Monday for a 250 ETH gain and then victory lapped the sell in the project discord (Plutocats -10% to 2.14 ETH)
  • NFT Stats' "GM Photography" NFT collection on Blastr revealed, with rarity for the 1-of-1 photos based on Camera Type, Location and "Photographer's Choice" (floor is 0.6)

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token or airdrop news from the weekend:

  • Spectrum dropped its $SPEC tokens with a surprise airdrop to Pudgy Penguin holders, select Art Blocks holders, wTAO, and Farcaster users (amongst others); the token is trading at $7.45 ($22M mc)
  • ApeCoin unveiled its official F1 Partnership with BWT Alpine, while a controversial new DAO proposal to spend $2.1M to promote Apechain at 6 blockchain events in Asia circulated
  • Tensor announced its next token claim for protocol power users
  • Friend Tech teased that new features like Keydrops, Memeclubs, and Pinned Rooms are coming soon
  • Whales Market reached $150M in lifetime trading volume
  • Liquidium invested in DeLabs by buying a BTC DeGods Ordinal

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

  • Crypto majors are mixed this morning; BTC even at $64,090; ETH -1% at $3,100, SOL +2% at $157
  • Memecoin majors were red with DOGE -2%, WIF -6% PEPE -4%; MICHI, NUB, HALFIN outperform
  • The SEC issued a Wells Notice to Robinhood on Monday related to its U.S. crypto business
  • GBTC had BTC inflows again Monday marking the 2nd straight day after 80 days of outflows; $217M in total inflows across ETFs
  • Jupiter announced its Clone Protocol, which enables trading of non-Solana assets on Solana - so you can trade DOGE, ARB, etc. natively on Solana without bridging (i.e. clDOGE, clARB)

🚀 Memecoin Movers 

  • $CRODIE (+59%, $30M market cap, Solana)
  • $KEYCAT (+47%, $44M market cap, Base)
  • $TN100x (+42%, $51M market cap, Base)
  • $PEANIE (+36%, $17M market cap, Solana)
  • $HAMMY (+34%, $71M market cap, Solana)

📈 NFT Floor Price Increase (ETH)

  • CryptoPhunks (49%, 0.24 ETH Floor)
  • Ethlizards (42%, 0.59 ETH)
  • Anata NFT (35%, 1.17 ETH)
  • Imaginary Ones (14%, 1.19 ETH)
  • Lasogette (12%, 0.5 ETH)

🗓 Upcoming NFT Mints and Reveals

Today has another solid slate of mints spanning Base, Blast and Bitcoin.

MetaStreet's Apollo mint is likely the highlight, with its NFTs minting for 0.05 ETH on Blast starting with WL only then public tonight at 9 pm ET.

See the full list and dive in for more details with Swizzy's daily mint monitor

  • Legend of Arcadia (11:00 a.m. ET)
  • Scrips (12:00 p.m. ET)
  • MetaStreet Apollo (12:00 p.m. ET)
  • Sofamon (1:00 p.m. ET)
  • Whisps (1:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.warner@luckytrader.com.

Morning Minute | Fantasy Top Pays Out $1M+ In First Week
Fantasy Top Updates Scoring, Features
Logan Hitchcock

Fantasy Top announced Heroes Score v0.2, bringing advanced reply indexation, refined Hero Scores variance, and robust anti-botting measures to enhance user engagement. 

The Deets

  • Reply Indexation: Individual assessment of replies, ensuring each holds its unique value.
  • Hero Scores Variance: Adjusted scoring range to allow easier user progression.
  • Anti-Botting Improvements: Enhanced detection to distinguish between bot-driven and genuine interactions.
  • Future UI Features: Planned updates to alert users about potential suspicious activities.

The Bulk

The latest update to Heroes Score v0.2 marks an improvement in the way interactions are managed and valued across crypto Twitter. With the new Reply Indexation, each reply on the platform is evaluated based on its intrinsic merit, allowing for a more nuanced and fair engagement measurement.

Adjustments in Hero Scores Variance mean that participants will find it easier to progress and rank within the community. This change reflects the fast-paced and dynamic nature of crypto-related discussions, recognizing quick shifts and rewarding active engagement more promptly.

Moreover, there are additional Anti-Botting Improvements, enhancing the system's ability to differentiate between bots and real users.

🔜 What's Next?

Looking ahead, the team is set to roll out new UI features that will help users identify and report suspicious activities, further strengthening the community's ability to self-regulate and maintain a healthy interaction ecosystem.


For more web3 and NFT news, visit the Lucky Trader newsfeed.

Fantasy Top Updates Scoring, Features
Morning Minute | FriendTech v2 Shocks The World
Tyler Warner

TylerD's Market Summary

Today's Morning Minute is brought to you by Wasabi, THE leading NFT leverage protocol.

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Either way, Wasabi has you covered.

With Wasabi's Perps markets, savvy traders can now win in any market conditions and earn points and Blast GOLD while doing so. 

It's a huge unlock.

They recently crossed $100M in cumulative trading volume on the platform, so traders are figuring it out.

So why not join them and start trading today, and earn those rewards!

🫂🫂 Friendship Is Back - And Profitable

Friend Tech was arguably the most polarizing app in SocialFi and even broader crypto over the past 8 months.

The app and its users were widely mocked last year, with many calling it an unsustainable ponzi, "3,3" driven and that it would certainly go to 0 once the token dropped.

Well, they were wrong.

What Happened?

Friend Tech v2 launched late last Thursday night.

It launched with no formal announcement or info, which led to chaos.

The $FRIEND token dumped as low as $0.80 on Friday morning as several notable CT influencers sold their tokens, while the app itself was barely working and no one knew how to use it.

Chaos continued through Friday, but then slowly, people started figuring out how the new app worked.

The app became more stable.

And people started buying $FRIEND and understanding its importance in the current app.

Now $FRIEND is at $2.80 ($280M FDV), up 250% from the bottom.

How Does Friend Tech v2 Work?

There are 3 primary new components to v2:

  • Money Clubs
  • A native DEX "Bunny Swap"
  • LP Staking

Money Clubs are the hot new feature, somewhat replacing Keys as the primary social layer.

Anyone can launch a club, set up a bonding curve (normal or exponential) and choose to run it however they like.

Clubs are an improvement over key rooms in that everyone can chat and see each other's message, the bonding curve isn't as steep, and fees are lower (1.5% vs 10%).

Clubs are also transferable tokens, meaning a club owner could airdrop their club keys to Key owners, a whitelist, etc.

Bread mentioned yesterday how 3 types of Clubs have already started to emerge - interests (alpha, specific topics, people, etc.), memecoins / culture coins (i.e. BLEU) and 3rd party apps.

This new social layer has emerged in just 2-3 days post-launch. And they run on $FRIEND, the native token required to buy entry to a club.

To get $FRIEND, one must use the native DEX Bunny Swap.

And if one wants exposure without buying clubs, they can simply stake in the LP with big rewards (APR at 600% or higher right now), given the final 10% of points are used for liquidity mining.

In many ways, Friend Tech v2 is like Pump dot fun but bigger, with a built-in user base and the attention of all of CT.

By The Numbers

Some key metrics from the opening weekend:

  • Clubs volume: 17.1M FRIEND ($46M)
  • Club fees: 256k FRIEND ($691k)
  • Total clubs created: 119,380
  • Club creators: 66,811
  • Club traders (users): 88,735
  • Liquidity pool size: $48.2M

So nearly $50M in volume across nearly 90,000 users in its opening weekend - not bad.

To give a sense of the top clubs by price:

  • Ansem's Army at 2745 $FRIEND ($7,686)
  • Fight Club at 2,371 $FRIEND 
  • CBB Cartel Club at 1,587 $FRIEND
  • CBB FC at 1,254 $FRIEND
  • The Pack at 824 $FRIEND

So there are 4 clubs which cost 1,000+ $FRIEND already. And it's about 134 FRIEND to make the top 50 right now.

And, reminder - you have to have $FRIEND to buy into these clubs, which many are already calling levered bets on $FRIEND.

Perhaps that's why $FRIEND is up to $2.80 already ($254M mc, $280M FDV).

What's Next?

There is still so much to unpack from this app's launch.

The keys for me with respect to what happens next:

  • Will power users continue to use and build on the app?
  • Will the team continue iterating on and developing the app?

Early signs point to "yes" for both of those questions.

If that's the case, this app is going to be around for a while.

And $2.80 per $FRIEND is fud...

🚚 What else is happening in NFTs?

Here is the list of other notable headlines from the weekend in NFTs:

  • BTC led NFT trading volume with $8.7M on the day (+25%); ETH was next with $6.2M (+16%) and then Solana with $3.09M (-5%)
  • Blob led trading volume with 22 BTC volume (0.067 BTC floor) after ties to EPIC EPIC EPIC runes circulated
  • OMB holds pole position of BTC PFPs at 0.45 BTC; Quantum Cats at 0.397, NodeMonkes at 0.342 and Puppets down to 0.266
  • ETH NFT leaders were mostly green gaining 1-5% on the day; BAYC +2% to 15.4 ETH; MAYC +3% to 2.97; Pudgy +7% to 11.98; Azuki -7% to 5.16
  • Geometries, Anata and alignDRAW were notable winners, jumping 30-50% on the day 
  • Solana NFTs were mostly red on the day; Mad Lads -3% to 83 SOL, Tensorians -2% to 13.7; DeGods -10% to 51, and y00ts -2% to 12.7
  • Blast NFTs saw mega-green with many sets up 20-30% or more, led by Plutocats (+4% to 2.38 ETH), Blastopians (+24% to 0.37) and Blast Hoods (+133% to 0.12)

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token or airdrop news from the weekend:

  • $PAC soared 50% to a $40M mc on Sunday after winning the first Blast Jackpot, rewarding 376k Blast Gold to holders who played PAC in their Blast Jackpot decks
  • Then Fantasy Top holders won the Jackpot on Sunday, with 147k Blast Gold given to holders
  • Leading Runes were red on the day with FEHU -15%, DOG -11% and RSIC -4%

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

  • Crypto majors are green this morning; BTC +1% at $64,250; ETH +1% at $3,160, SOL +5% at $154
  • Memecoin majors were green as well DOGE +1%, WIF +8% PEPE +5%; MICHI, NUB, HALFIN outperform
  • GBTC had BTC inflows on Friday, the first time in 80 days, which helped drive the weekend pump

🚀 Memecoin Movers 

  • $HALFIN (+700%, $17.5M market cap, Base)
  • $ELON (+32%, $19M market cap, ETH)
  • $MICHI (+27%, $145M market cap, Solana)
  • $NUB (+28%, $62M market cap, Solana)
  • $POPCAT (+13%, $615M market cap, Solana)

📈 NFT Floor Price Increase (ETH)

  • Kagami (47%, 0.09 ETH Floor)
  • Frank Stella Geometries (33%, 0.6 ETH)
  • Anata NFT (32%, 1.17 ETH)
  • alignDRAW (27%, 2.15 ETH)
  • CEDEN Keystone NFT (27%, 0.18 ETH)

🗓 Upcoming NFT Mints and Reveals

Today has a solid slate of mints spanning Base, Blast and Bitcoin.

The highlight is likely the Fantasy Top main competition launching at 3 pm ET. Given all the hype, expect some major trading, pack ripping and card swapping ahead of that game beginning.

See the full list and dive in for more details with Swizzy's daily mint monitor

  • Genesis Master Pass (8:00 a.m. ET)
  • Reneverse (9:00 a.m. ET)
  • Memes by 6529 (11:00 a.m. ET)
  • Based Monsters (1:00 p.m. ET)
  • Fantasy Top competition (3:00 p.m. ET)
  • Bitcoin Keepers (3:00 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.warner@luckytrader.com.

Morning Minute | FriendTech v2 Shocks The World
Blast Unveils New Gold Jackpot for Token and NFT Holders
Logan Hitchcock

Blast introduced "Blast Jackpot" for Blast-based token and NFT holders, featuring total prizes of more than 1 million Blast GOLD. 

The Deets

  • Eligibility: Open to all Blast token and NFT holders.
  • Mechanism: Participation through adding up to 8 tokens or NFTs to your "Deck."
  • Random Reward: Jackpot hits are block-based, with a random asset selection determining winners.
  • Growing Jackpot: Starting at 1,000,000 Gold, increasing over time.

The Bulk

Blast added a new offering - an exclusive Jackpot for NFT and token holders on its L2.

In just more than two months since its launch, Blast has amassed a significant user base with more than 907,018 participants and greater than $2.64 billion deposited. 

To foster deeper community engagement and reward its loyal user base, Blast  introduced a unique Jackpot mechanism. Token and NFT holders can increase their chances of winning by adding more assets to their "Deck," enhancing their stake in the random selection process. 

During every block, the Jackpot "spins," presenting the opportunity to select communities to win a portion of the GOLD. 

Thus far Pacmoon holders and others have already earned their share of GOLD via the Jackpot. 

🎬 Take Action 

Users can add NFTs or tokens to their decks and learn more by visiting the Blast Jackpot page. 


For more web3 and NFT news, visit the Lucky Trader newsfeed.

Blast Unveils New Gold Jackpot for Token and NFT Holders
Solana Labs Partners With Google Cloud for Web3 Gaming
Logan Hitchcock

Solana Labs is partnering with Google Cloud to integrate its GameShift Web3 platform, making it available to Google Cloud customers. 

The Deets

  • Expanding Access: Simplifies Web3 integration for developers using Google Cloud
  • Key Features: Offers a comprehensive suite of tools including non-custodial wallets and in-game NFT marketplaces.
  • Simplified Integration: Abstracts complex blockchain technology, focusing on gameplay rather than backend intricacies.
  • Optimized for Scale: Built on Solana's network, ensuring fast transactions and low fees.

The Bulk

Solana Labs is expanding its partnership with Google Cloud, integrating its GameShift platform, making it easier for game developers to incorporate blockchain technology into their projects. GameShift provides developers with essential tools such as seamless user onboarding, in-game digital asset minting, and easy-to-integrate marketplaces, all streamlined through an easy-to-use API.

🎤 Founder Feedback


GameShift becoming part of Google Cloud's partner ecosystem allows us to accelerate mainstream adoption by extending these capabilities to their vast, global developer ecosystem.Davis Hart, Head of GameShift

🎬 Take Action

Developers interested in integrating web3 into their gaming projects can visit GameShift for more.


For more web3 and NFT news, visit the Lucky Trader newsfeed.

Solana Labs Partners With Google Cloud for Web3 Gaming
MOCA Public Sale Surpasses $29 Million
Logan Hitchcock

The MOCA Foundation's $MOCA token launch concluded with $29.3 million in pre-deposited funds, more than 12 times the subscription rate. 

The Deets

  • Funds Raised: $29.3 million, far exceeding the $5 million goal
  • Oversubscription: 12 times the initial available lots
  • Rapid Success: Target surpassed in under 6 hours
  • Global Participation: Nearly 17,000 participants from 123 countries

The Bulk

MOCA Foundation recently completed a successful token launch through CoinList. The sale, initially set to gather $5 million, surpassed expectations by amassing $29.3 million during its week long opening.

The token sale saw global participation with thousands of unique, KYC-approved users from across 123 countries.

📊 By the Numbers

The MOCA Token Launch allocated 126,984,127 tokens at $0.03938 each, contributing to a fully diluted value of the total MOCA Token supply at $350 million.

🔜 What's Next?

Final allocations will be announced shortly and the token distribution is scheduled for late May.


For more web3 and NFT news, visit the Lucky Trader newsfeed.

MOCA Public Sale Surpasses $29 Million
Morning Minute | MoonPay and PayPal Unlock Crypto for the Masses
Tyler Warner

TylerD's Market Summary

Today's Morning Minute is brought to you by Wasabi, THE leading NFT leverage protocol.

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With Wasabi's Perps markets, savvy traders can now win in any market conditions and earn points and Blast GOLD while doing so. 

It's a huge unlock.

They recently crossed $100M in cumulative trading volume on the platform, so traders are figuring it out.

So why not join them and start trading today, and earn those rewards!

⏫ Crypto Adoption Is Accelerating

Prices may be chopping this week.

But the bullish crypto headlines keep pouring in.

Several came through yesterday from Moonpay x PayPal, Jack Dorsey and Franklin Templeton, each of which will accelerate crypto adoption in their own way.

MoonPay Integrates PayPal

Yesterday MoonPay announced a major integration with PayPal for US users.

Key highlights:

  • Fiat-to-crypto purchases for 110+ cryptos 
  • Buying via standard PayPal payment methods available (PayPal balance, bank ACH, debit card) with just a few clicks
  • Selling will be enabled soon

A telling quote from MoonPay co-founder and CEO Ivan Soto-Wright:

“Now more than ever consumers are exploring different avenues of financial systems–whether that be crypto, retail investing, or digital banking–and this partnership underscores our deep commitment to collaborating with trusted partners in the ecosystem to expand their access. By integrating PayPal, we are enabling consumers to transact with crypto in an already familiar environment, and significantly lower the barrier to entry for new users.”  

Now 100s of cryptocurrencies can be bought by millions of PayPal users with a few clicks.

The barriers are indeed being lowered.

Jack Dorsey is doing his part as well.

Jack DCA's Bitcoin And Shows Others How

Yesterday Jack tweeted out that his company Block is "DCA'ing bitcoin every month."

But that wasn't the important part of the tweet.

He also included a link to a 4-page primer titled "Bitcoin Blueprint for Corporate Balance Sheets."

The primer walks through their historical buys and how they executed them, their cold storage mechanisms, and insurance + accounting considerations.

Jack just shared the Bitcoin DCA playbook for any company (or wealthy invidivual) to follow.

And by the way - he is DCA'ing with a whopping 10% of gross monthly prifits.

It's not a stretch to think that at least a few companies will follow in his blueprint and begin their own DCA.

Jack and his company aren't the only ones ushering in adoption.

Franklin Templeton Lays Out Solana Thesis

The Franklin Templeton X account is becoming a must follow for their concise 2-pagers on a variety of crypto topics.

Yesterday they published "Solana: Accelerated Adooption."

Their core thesis is that Solana growth will continue, it will cement as the 3rd major crypto asset and it is uniquely positioned to catch the next trends in crypto.

Key takeaways:

  • Airdrops -> wealth effect -> native tokens and memecoins surge (expect cycle to continue)
  • Fees and DEX volume skyrocketing, to continue as performance improves
  • Uniquely positioned for DePIN, payments, compression NFTs and limit order books
  • Firedancer to solve current network limit issues

Favorite quote from the primer:

"Crypto enthusiasts are wondering what the next big thing in crypto will be...While we don't know the precise answer, we'd argue there is a strong chance it happens on Solana."

It's a convincing thesis.

Why It Matters

Momentum continues to build.

  • MoonPay is unlocking crypto access for the masses with PayPal.
  • Jack is teaching companies and major players how to safely DCA into Bitcoin.
  • Institutions like Franklin Templeton are publishing theses on leading tokens, L1s and digital assets.

The signals keep getting stronger, and barriers to adoption keep getting broken down.

Higher.

🚚 What else is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

  • BTC led NFT trading volume with $9.8M on the day (+35%); ETH was next with $8M (+20%) and then Solana with $4.3M (+60%)
  • NodeMonkes and Puppets both rallied ~20% leading BTC movers, now 0.4 and 0.31 BTC respectively
  • Quantum Cats and OMB remain the leaders at 0.425 BTC and 0.42 respectively
  • ETH NFT leaders were very green with most up 4-10%; BAYC +4% at 14 ETH, MAYC +4% at 2.6, Azuki +6% to 5.55 and Pudgy even% to 11.2
  • DeGods spiked another 25% to 2.38 ETH as demand soared post-return home to Solana (multi-chain)
  • Killabears and CEDEN Keystone Beavers jumped 40% and 30% leading other notable movers
  • Solana NFTs were taken over by DeGods (+16% to 51 SOL) and y00ts (+20% to 13 SOL) in their first full day of trading post-bridge; Mad Lads -1% at 88 SOL, Tensorians even at 13.8
  • Blast NFTs saw another $10M in volume , led by Plutocats (+10%), Blastopians (+19%) and BLASTR Keys (+130%)
  • PacMan Blur loaded up 50 ETH in a wallet and began using dapps on Blast, winning 2.4 ETH on a 40+ eth spin roll on Yolo Games
  • Pudgy Penguins teased that their plushy toys will be coming to amusement parks soon
  • Cube Exchange bought 43 DeGods and 44 y00ts as part of its new partnership with DeLabs
  • Garga shared a recap of The Otherside town hall which included a focus on Events, ODK alpha, new rewards for players, the launch of an L3 "Apechain", 3D Kodas, a new event code named Project Dragon and more

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token or airdrop news from the day:

  • FriendTech v2 debuted after a delay, launching with a native DEX Bunny Swap, Money Clubs, a staking program "Best Friends" and more ($FRIEND at $1.40)
  • $PAC briefly rallied 30% after airdrop 3 completed and Pacman Blur bought in, now at $20M MC
  • The $MOCA public sale brought in $29.3 million in pre-deposits, more than a 12x oversubscription.
  • Liquidium rolled out its new Airdrop claim page for any assets that dropped while Ordinals were in loans
  • SuperRare enabled $RARE tipping via Farcaster posts
  • EIGEN shared new updates on its Stakedrop, with unlock happening Sept 30, team tokens don't vest until after unlock, and 100 more #EIGEN for those who deposited before Apr 29

🌎 Around Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

  • Crypto majors are mixed this morning ahead of a key US jobs report this AM; BTC +1.4% at $59,050; ETH -0.5% at $2,970 SOL +0.5% at $137
  • Memecoin majors were also green/even; DOGE even, WIF even, PEPE +6%, BONK +10%; HAMMY, TOOKER, MICHI outperform
  • Bloomberg ETF analyst Eric Balchunas reported that the day 1 HK BTC ETF inflows were actually ~$290M vs the $11M previously reported
  • MoonPay is integrating PayPal enabling fiat-to-crypto purchases for 110+ crypto assets using PayPal native payment methods
  • Jack Dorsey announced that Block will DCA into Bitcoin every month, and shared details for other companies to do the same
  • Coinbase commemorated its Q1 earnings with a new free NFT mint
  • Sergito's new company Popset announced a $1M pre-seed raise to "build the next generation of onchain social"

🚀 Memecoin Movers 

  • $HAMMY (+465%, $20M market cap, Solana)
  • $TOOKER (+29%, $90M market cap, Solana)
  • $MICHI (+27%, $120M market cap, Solana)
  • $ANDY (+24%, $70M market cap, ETH)
  • $USA (+22%, $75M market cap, Solana)

📈 NFT Floor Price Increase (ETH)

  • Yogurt Verse (83%, 1.3 ETH Floor)
  • Killabears (42%, 0.6 ETH)
  • CEDEN Keystone (30%, 0.17 ETH)
  • DeGods (25%, 2.38 ETH)
  • Lasogette (24%, 0.48 ETH)

🗓 Upcoming NFT Mints and Reveals

Today is a slower day of new mints to end the week.

Expect most attention on FriendTech v2's chaotic launch day, Fantasy Top on Blast plus whatever catches hype into the weekend.

See the full list and dive in for more details with Swizzy's daily mint monitor

  • Paradise Tycoon (9:00 a.m. ET)
  • Memes by 6529 (11:00 a.m. ET)
  • Anomaly (2:30 p.m. ET)
  • VeeFriends Ticket snapshot (5:55 p.m. ET)

Enjoy this write-up and/or want to sponsor the Morning Minute? Follow along with me on Twitter @tyler_did_it or reach out via email to tyler.warner@luckytrader.com.

 Morning Minute | MoonPay and PayPal Unlock Crypto for the Masses