NFL x Azuki

gm!

This Week's Low-Down:

• 🏈 NFL Legend Mahomes Teams Up with Azuki for Digital Sports Cards

• 👨‍⚖️ NFT Insider Trading Leads to 3-Month Jail Term for Ex-OpenSea Head

• 👟 Snoop Dogg's Bored Ape NFT Triggers a New Skechers Line

• Jordin Sparks’ Trio of Gala Music NFTs—A Sell-Out First Drop (NFT Lately)

• Ex-OpenSea Exec Receives 3-Month Sentence in NFT Insider Trading Case (Decrypt)

• Blackpink Launches Immersive Roblox Fan Experience (nftnow)

• Coinbound Teams Up with Next Block Expo to Elevate the Premier Blockchain Festival (NFT Lately)

• DeGods Co-Founder Departs Amid Falling NFT Prices and Pushback (Decrypt)

• Magic Eden Presents $1 Million Fund to Boost NFT Projects on Polygon (NFT Lately)

• Axie Infinity Play-to-Earn Model Raises Concerns in Philippines (NFT Evening)

• Vitalik Buterin Transfers $1M in ETH to Coinbase (nftnow)

• Power Rangers Collaborates with Funko to Celebrate its 30th Anniversary (NFT Lately)

• Vinnie Hager’s Boundary-Breaking Art: Melding Digital and Physical Realms (NFT Evening)

• OpenSea Ceases Royalty Tool—Yuga Labs Suspends NFT Trades (NFT Lately)

• Pome Rumble: Your Gateway to an Uncharted Gaming Odyssey (NFT Evening)

Trending Collections on OpenSea:

• Dimension X [Floor Price - <0.01 ETH]

• EigenLayer World Builders [Floor Price - <0.01 ETH]

• THE 108 CIRCLE [Floor Price - 1.00 ETH]

NFL Legend Mahomes Teams Up with Azuki for Digital Sports Cards

Super Bowl champion Patrick Mahomes collaborates with Azuki through his digital collectibles platform, the Museum of Mahomes (M.O.M).

• M.O.M, founded by Mahomes and the D-O-M marketing agency, uses blockchain technology to revolutionize the way fans collect sports cards and memorabilia.

• As a part of the Mahomes x Azuki collaboration, M.O.M. will release sports trading cards exclusively for Azuki token holders.

• The trading cards are designed by the NFT project’s art team, free for current Azuki members.

• An exclusive one-of-one trading card will be raffled off in a live stream at the end of this month.

NFT Insider Trading Leads to 3-Month Jail Term for Ex-OpenSea Head

Last June, Nathaniel Chastain faced arrest over allegations of NFT insider trading. New developments have emerged, and the former OpenSea executive is now facing the consequences. 👇

• OpenSea's ex-head of product, Nathaniel Chastain, has been issued a three-month prison sentence for illicitly leveraging insider knowledge on NFTs.

• Convicted of fraud and money laundering in May, Chastain faced a potential 40 years in prison (20 years for each charge).

• Upon his arrest last June, authorities dubbed Chastain's actions the inaugural insider trading case involving digital assets, with illicit gains surpassing $50,00 — which he must now return!

• While Chastain’s defense posited that NFTs aren't securities and he utilized non-confidential information, the judge let the trial proceed.

• After his questionable actions surfaced on Crypto Twitter and following his departure from OpenSea, Chastain forfeited company equity purportedly worth millions.

Snoop Dogg's Bored Ape NFT Triggers a New Skechers Line

Snoop Dogg is kickstarting a new project with Skechers, drawing inspiration from Snoop’s famed BAYC NFT, Dr. Bombay.

• The new Snoop Dogg x Skechers collection signifies the convergence of contemporary fashion with the ever-growing world of digital art and NFTs.

• From sneakers to slip-ons to sandals, each footwear item proudly features playful Dr. Bombay images, symbolizing a mix of streetwear and artistic elements.

• The collaboration also introduces a collector’s edition capsule, extending the collection's appeal beyond just footwear.

• Celebrities like Snoop Dogg are increasingly bridging traditional and digital realms, leveraging their influence to create unique partnerships and product offerings across multiple sectors.

Today's edition was written by Leah Alger.

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