HV-MTL Take Off 🚀

GM!

This Week's Low-Down:

• 🚀 Bored Ape's HV-MTL Game Takes Off Today!

• 🤔 Azuki Elementals Generate $38M in 15 Mins, Stirring Controversy

• 🌟 Famous Stars Judge ‘The Foundation for AIDS Research’ NFT Competition

• The Rising Popularity of NFTs in Luxury Fashion Houses (NFT Lately)

• Sotheby's to Launch On-Chain Generative Art Program Powered by Art Blocks Engine (CoinDesk)

• MIT Technology Review Launches Unique NFT Collection (NFT Lately)

• Magic Eden Launches Creator Launchpad for BRC-20 Drops (NFT Evening)

• Phishing Scam: Users Lose Over $1.2 Million in Polygon NFT Airdrop Fraud (NFT Evening)

• Web3 Infrastructure Firm Crossmint Launches Wallet-as-a-Service to Expand NFT Use Cases (CoinDesk)

• Lowe’s Rises into Web3 with Mfers NFT-Embedded Flags (NFT Lately)

• Cast Your Vote for the NFT Project of the Year at Binance Awards! (NFT Evening)

• Web3 Fashion Platform SYKY Launches Incubator for Emerging Digital Designers (CoinDesk)

• John Gerrard's 'World Flag' Art Blocks Drop Points the Finger at Nationalism (Decrypt)

• My Neighbor Alice’s ALPHA SEASON 3 Launches with ELLE Collaboration (NFT Evening)

• Warner Music Group Partners With Polygon on Blockchain Music Accelerator (CoinDesk)

Trending Collections on OpenSea:

• LIL GUYZ: FACTORY [Floor Price - 0.02 ETH]

• Retro Hunters [Floor Price - 0.04 ETH]

• Rift Valley Motel Coin [Floor Price - 0.04 ETH]

Bored Ape’s HV-MTL Game Takes Off Today!

Bored Ape’s HV-MTL Forge launches today! The interactive game includes enticing journeys whereby players can personalize their forges, evolve their virtual pets, and engage with the community to earn outstanding rewards.

• Bored Ape’s HV-MTL game encourages community interaction through a daily voting system. These votes generate energy, a crucial game resource, and unlock rewards.

• Each player's virtual pet, or HV, has a rarity or class. This class influences the visual theme of the player's forge, and each type has unique benefits that affect gameplay. The more active a player is, the rarer rewards gamer’s can collect.

• What’s more, players can personalize their forges by using the Crafting Station to build using blueprints. Tiles and decorative objects can be constructed, but players must think carefully as these cannot be moved after placement.

• The energy resource is essential for building and upgrading. It's collected by creating Portals, and strategic management is needed for optimum gameplay.

• Prepare for HV-MTL to launch today!

Azuki Elementals Generate $38M in 15 Mins, Stirring Controversy

Azuki and BEANZ holders swiftly acquired all 10,000 Elementals NFTs within 15 minutes, amassing $38 million in revenue. Criticism over the assets having similarities to previous Azuki avatars followed.

• Azuki and BEANZ holders had early sale access for the Elementals NFT launch, resulting in all 10,000 assets being snapped up by existing Azuki members in just fifteen minutes.

• The remaining portion of 10,000 Elementals was issued to attendees of Azuki's 'Follow the Rabbit' event in Las Vegas, generating buzz and interest around the brand.

• The unveiling of Elementals' artworks faced criticism for closely resembling previously launched Azuki avatars, disappointing the community's expectations.

• Elementals holders expressed concerns about the disorderly minting process and duplicated profile pictures, while others defended the brand and attributed issues to glitches and metadata errors.

• Azuki took steps to address the controversies, demonstrating a commitment to resolving issues, including granting Elementals holders access to the Hilumia metaverse and introducing new features to enhance the value of their assets.

• Regardless of the issues, one of the better NFTs out of the batch was snatched up for a whopping 36 ETH ($66605.40). 👇

Famous Stars Judge ‘The Foundation for AIDS Research’ NFT Competition

Global creators can now submit their NFT artworks through Prospect 100 to be judged by famous faces, including Kate Moss and Kendall Jenner, and assist in supporting AIDS research.

• Kendall Jenner, Kate Moss, J Balvin, Jeff Koons, and Baz Luhrmann will judge a digital art contest for an NFT collection benefitting The Foundation for AIDS Research (amfAR).

• Joining forces with FAIR.XYZ, global creators can submit their artistic creations through Prospect 100 to be part of amfAR's first NFT collection, with all sales proceeds going to AIDS research.

• While Koons and Moss have prior NFT experience, Jenner and Luhrmann are making their first debuts in the Web3 arena.

• Prospect 100's organizers aim to curate a judging panel that's diverse and exciting, blending fashion, music, and art expertise to assist toward issues that matter.

• Other panel members include Alexandre Daillance, Natalia Vodianova, Peggy Gou, Alton Mason, and Francesco Ragazzi.

Today's edition was written by Leah Alger.

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