SCOOPS OF THE WEEK: 

🍦Pokemon NFT Game Contains a Hack 

🍦Proof Collective Sign New Hollywood Partnership 

🍦Major Layoffs at SuperRare  

00:00 Intro

00:35 Pokemon NFT Hack 

03:21 Proof Collective's Hollywood Collab  

04:11 SuperRare Major Staff Layoffs

06:41 Scoop's Weekly Winner 

09:31 REKT Champ of the Day 

09:57 BAYC x Adidas Giveaway 

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🍦STATE OF THE MARKET 

NFT Total Market Cap: $21.9B - 7 day change  +3.21% Volume Traded Prev 7 Days - $214M + 30.1%

Good news! We have seen a slight uptick in market sentiment this week. The NFT Gods haven't quite graced us with the warm zone, but excitability has certainly picked up across NFT Twitter. Notable collections have been making some major gains in trading volume & floor price, especially NFTs from Yuga labs due to the upcoming mint for holders.   

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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_

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_

SCOOPS OF THE WEEK

 🍦Instagram To Introduce Minting and Selling NFTs On Its Platform  

🍦Binance Partners With Ledger  

🍦Yuga Metaverse Open Standards Coming  

00:00 Intro

00:57 Market Update

03:32 Gas free NFTs on Instagram 

7:57 Yuga Labs Update 

10:36 Binance partners with Ledger 

13:52 REKT Section 

18:00 What's Dropped 

19:35 Where Would We Blow Our ETH?! 

25:28: Crazy News From Art Gobblers... 

30:23 Outro 

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Crypto markets are ripping hard with Alts coins popping left right & center, one which is notable is $matic, the native token of Polygon has rocketed up 29% due to the recent announcement they will powering the technology for 'Meta' to buy, sell & display NFTs on Instagram.   'Fine' art pieces in the NFT markets have typically performed well of late & held up in the bear, I guess people just appreciate it for what it is, fine art has no expectation & value is in the eyes of the beholder. Collections such as Art blocks in particular.   We have also seen a slight uptick in the last few days for NFTs when looking at 30-day volume, this is probably likely due to the Art Gobblers launch. But one thing is for sure, volatility in the NFT markets is back.

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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!  

Get the newsletter: https://getnftscoop.com 

Daily updates on Twitter: @THENFTSCOOP_