Will BlockFi bite the dust?

Hand-picking the most pressing news - the good, the bad and the ugly.

NFT Lately: Powered by Avatizer

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In today's edition:

  • 🎭 Krapopolis' new NFT collection opens up acting opportunities

  • 😃 Avatizer Mint Pass holders will get the chance to win a free NFT

  • 🏆 GAM3 Blockchain Gaming Awards is coming up!

  • 😲 BlockFi files for bankruptcy following FTX catastrophe

What's Happening Header

In other news:

  • The Home Depot files for Web3 trademarks (NFT Plazas)

  • Deadmau5 is launching an NFT scavenger hunt (Decrypt)

  • Snopp Dogg is launching a Clay Nation music video (NFT Lately)

  • NFTs from China's anti-lockdown protests emerge on OpenSea (NFT Lately)

  • Candy Digital announces mass layoffs (Decrypt)

  • Shiba Inu: Burn rates spikes over 4950% amidst market turmoil (Watcher.Guru)

  • Macy's virtual Thanksgiving Day Parade was an epic failure (NFT Lately)

  • The Web3 retailer Uquid integrates Polygon (NFT Plazas)

  • ApeCoin DAO launches Bored Ape Yacht Club marketplace (NFT Lately)

Some other stuff we are digging into this week

  • Bitcoin is the king of crypto brand awareness for Aussies (Cointelegraph)

  • Which blockchain oracles are dominating the market? (Coin Central)

  • The backlash of MetaMask stealing users' data (NFT Lately)

  • Who invented NFTs and when? A history of non-fungible tokens (NFT Lately)

Trending collections:

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Krapopolis NFT Collectors to Partake in TV Role

The curators of Rick and Morty team up with Blockchain Creative Labs and Fox Entertainment to launch NFTs that open up acting opportunities.

Here's what we know:

  • Krapopolis' new NFTs are dubbed "Krap Chickens".

  • The rarest NFTs out of the clutch open up TV acting opportunities.

  • Those lucky enough to hold one of the rare NFTs can appear as a background character in the season finale of Krapopolis.

  • Krap Chickens are ready to hatch (I mean mint) now - http://krapopolis.com/mint!

Today's Edition is Presented By: Avatizer

Ugly Faces is an innovative generative NFT collection and a part of the Avatizer project. The collection was co-created by Vitaliy Lishko - a Ukrainian artist - and Roman Kropachek, a marketer with 20+ years of experience, the founder of Electronic Team Inc., a US-based software corporation.

All Avatizer Mint Pass holders get a guaranteed whitelist spot for Ugly Faces and further art collections that will be mostly free-to-mint.

Ugly Faces NFTs give you a new PFP image every day, created by a smart contract that works autonomously on the Ethereum blockchain. It is possible to pause the live generation at any time and save their unique on-chain PFP art or resume them whenever they want to.

Moreover, holders will be able to transform their NFT into a physical piece of art - there will be an option to order an acrylic painting by the collection's designer Vitaliy Lishko depicting the paused token on an 18-inch canvas!

GAM3 Blockchain Gaming Awards: What to Expect

Finally, NFT and Web3 projects are being rewarded for their efforts.The 2023 GAM3 Blockchain Gaming Awards is just around the corner!

Here's what we know:

  • The first round of decision-making included 106 unique games across 13 different categories and chains.

  • Once selecting the top 5 of each category, the jury made a list of its top 32 games.

  • Illuvium, The Harvest, Gods Unchained, Superior, among others were chosen to partake in the awards ceremony.

  • They will have the chance to win the 'Games' Choice Award', 'The People's Choice Award', 'Game of the Year Award', etc.

  • You can head to polkastarter to vote for your fav games.

  • The event will also take place via polkastater on December 15.

  • Be there or be square. We're buzzing for it.

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BlockFi Files for Bankruptcy

Will another Web3 company bite the dust following the FTX catastrophe?

Here's what we know:

  • Crypto firm BlockFi filed for Chapter 11 bankruptcy protection in the wake of FTX’s bankruptcy.

  • In the filing, BlockFi indicates it has more than 100,00 creditors, with assets and liabilities ranging from $1 billion to $10 billion.

  • The document also states that the cryptocurrency lender an outstanding loan of $275 million to FTX.

  • This news marks the latest regarding crypto bankruptcies, following FTX, Voyager and Celsius.

  • Many NFTs, including Bored Apes, also took a turn for the worst.

  • F this guy. 👇

Will BlockFi bite the dust?

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Reminder: You have until the end of this month to earn hundreds of dollars in ETH.

Today's edition was written by Leah Alger and Ty Smith.