SCOOPS OF THE WEEK: 

🍦 Nike launches deeper into the metaverse.

🍦 Yuga Labs brings another NFT collection under its Wing.

🍦 Playstation explores NFTs.  

00:00 Intro 

00:57 Market Update 

03:37 Nike Metaverse expansion 

06:20: YUGA buys 10KTF 

09:33 Playstation toys with NFTs 

13:17 Where would we blow our ETH?! 

14:27 Crypto token with 100x potential 

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The collapse of FTX has shattered investor confidence in the crypto markets. The aftermath of FTX collapsing has had a knock-on effect known as the 'Contagion' - some Crypto funds, individuals & protocols, unfortunately, had their funds tied up in FTX which has left them unable to operate.   Naturally, with the crypto investors being spooked, NFT markets have of course taken a hit. We have seen Blue Chip NFT floor prices drop significantly including the Bored Ape & Mutant Ape Yacht club. We remain bullish on the long-term prospect of NFTs & Ethereum and continue to dollar cost average into the asset. Decentralized exchange tokens are holding up strong as investors lose confidence in centralized exchanges.  Closing thoughts, for those of you who are still here, the opportunity for life-changing wealth comes after significant crashes & black swan events that we have seen with FTX. As investors, our job now, is to seek & find the next narrative ahead of the crowd.   

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The NFT Scoop is a web3 community & media organisation bringing you the latest NFT & web3 news, insights, and intel, as well as a healthy, dose of unbiased opinion from our team.  We keep on top of the space daily, so you don't have to - Educating the world on NFTs 1 scoop at a time!  Read the Full newsletter: https://getnftscoop.com Daily updates on Twitter: @THENFTSCOOP_