Amnesia NFT Contest

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This Week's Low-Down:

• 📈 Sui Blockchain Debuts, Sparks High Trade Activities (Despite Technical Issues)

• 😁 JOMO NFTs Aid Mental Health and Combat FOMO Anxiety

• 🎧 DJenerates NFT Unveils Amnesia Ibiza DJ Contest

• Goblintown Season 2 Prioritizes ‘Terrible’ Traders (NFT Lately)

• Jury Convicts Former OpenSea Manager in NFT-Insider Trading Case (Cointelegraph)

• You Can Mint a Free Ethereum NFT for King Charles’ Coronation (Decrypt)

• Tensor Steals Magic Eden’s Solana NFT Throne: A Temporary Reign? (NFT Lately)

• Leaders in Decentralized Identity Slam Soulbound Tokens (CoinDesk)

• Cryptoys Unveils Limited Edition Star Wars ‘Digital Toy’ NFTs (NFT Plazas)

• These 5 Companies Have Filed Web3 or NFT Patents (Blockworks)

• World’s Richest Man, Bernard Arnault, Ventures into the NFT Realm (NFT Lately)

• 'Shark Tank' but Make It Crypto: CoinMarketCap Launching Competition TV Show (CoinDesk)

• Palm NFT Studio Builds Free Generative Art Tool for Innovators (NFT Lately)

• LeBron James Takes to the Streets in RTFKT Nike Sneakers (NFT Plazas)

• Alibaba Cloud Builds Metaverse Launchpad on Avalanche (CoinDesk)

• Deafbeef NFTs Pushes Boundaries of Classic Art for LACMA (NFT Lately)

• NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity (CoinDesk)

• Kenya considers tax on crypto, NFT transfers and online influencers (Cointelegraph)

Other Stuff We Dig:

• Crypto Philanthropy 101: What Donors and Organizations Need to Know (CoinDesk)

• How NFT Token-Gating Will Change the World (NFT Plazas)

• Rug Pull Guide: From Infamous Schemes to How to Avoid Them (NFT Evening)

• Delve into the High Octane World of the Spider Tanks NFT Game (NFT Plazas)

• Bored Ape Kennel Club: All You Need to Know About the BAYC Canine Companions (NFT Evening)

Trending Collections on Blur:

• Bored Ape Yacht Club [Floor Price - 47.45 ETH]

• Azuki [Floor Price - 14.49 ETH]

• Mutant Ape Yacht Club [Floor Price - 10.70 ETH]

Sui Blockchain Debuts, Sparks High Trade Activities (Despite Technical Issues)

The Sui blockchain's recent mainnet launch has fostered a rapidly growing Web3 community, with its marketplace Clutchy releasing popular NFT projects that already generate significant trade value, despite some initial hurdles.

• Sui, dubbed a potential "Solana killer", launched last week and is already drawing plenty of traders in.

• Clutchy, an upstart Sui NFT marketplace, faced technical issues during the Fuddies drop, causing backlash.

• Users were frustrated as Clutchy's secondary marketplace initially struggled, hindering NFT flipping for profit.

• But regardless of technical issues, Fuddies trading on Clutchy hit 605,000 SUI ($792,500) in just 24 hours, surpassing Ethereum's Polygon network.

• Alternative Sui NFT marketplaces like Souffl3 emerge, but their top projects have yet to achieve impressive sales like the former.

JOMO NFTs Aid Mental Health and Combat FOMO Anxiety

The JOMO Effect NFT project tackles fear of missing out (FOMO) anxiety in the crypto community by offering a unique digital art collection that promotes mental well-being and supports mental health charities.

• The JOMO Effect NFT project aims to counteract the anxiety of FOMO in the crypto community while raising money for mental health charities during Mental Health Awareness Month.

• Created by Peace Inside Live, the collection consists of 40 unique digital art collectibles focused on wellness and mental health, available on the Magic Eden marketplace and minted on the Polygon network.

• Participating artists and partners include Deepak Chopra's Seva Love project, TimePieces, House of First, and various digital artists.

• Minting a JOMO Effect NFT costs 24 MATIC (approximately $23), with proceeds benefiting five mental health charities.

• Collectors can receive special edition NFTs and other perks, such as exclusive meditations and access to Peace Inside Live's library of classes, for owning multiple JOMO Effect NFTs.

DJenerates NFT Unveils Amnesia Ibiza DJ Contest

The DJenerates Klub, a cutting-edge electronic music NFT endeavor, has unveiled an exhilarating DJ competition that awards the victor a once-in-a-lifetime opportunity to perform live at the legendary Amnesia venue in Ibiza, actualizing every DJ's ultimate fantasy.

• DJenerates Klub's NFT project launches the 'Global DJ Search' contest, offering a chance to play live at Amnesia Ibiza.

• The competition runs in three phases, starting with a leaderboard system in the project's Discord server.

• The top 24 contestants from phase one will progress to the semi-finals, playing live sets in the DJenerates virtual club.

• Four finalists will compete at the Amnesia Ibiza virtual venue in Decentraland, with the event broadcast on Clubbing TV.

• Partners for the competition include DJenerates, DJ Mag, Amnesia Ibiza, Clubbing TV, and Klubcoin, seeking the next superstar DJ.

Today's edition was written by Leah Alger.

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