Yuga Labs Unmasks HV-MTL

GM! Another day, another dollar (USDT). 

This Week's Low-Down: 

• 🏎️ Mattel Drives Fast & Furious Assets On-Chain

• 🌐 Infinity Levels Up on Apple App Store

• 🤖 Yuga Labs Unmasks Bored Ape 'Power Source', HV-MTL

• Steve Aoki and Relics Construct Metaverse Music Player (NFT Lately)

• Moonbirds Makes Noise with Spotify, Releases NFT Gated Playlist (NFT Lately)

• China's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes (CoinDesk)

• Meet Kim Asendorf: The Metallica Video Director Who Makes NFT Art Designed to Hypnotize (Decrypt)

• Freeport Sells Fractionized Andy Warhol Assets for $20, Adds Twist (NFT Lately)

• Endaoment Expands Web3 Charitable Fundraising Efforts With GlobalGiving Partnership (CoinDesk)

• Nifty Orchard – The Perfect Companion App for NFT Aficionados! (NFT Plazas)

• Red Beard Ventures Closes $25M Funding Round With Animoca Brands, Others (CoinDesk)

• Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint (CoinDesk)

• Kenny Schachter Challenges Opposing Art Factions in NFT Game Battle (NFT Plazas)

• Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection (CoinDesk)

Other Stuff We Dig: 

• Breaking Boundaries: YuYu's Personal Journey as a Queer Artist in the NFT World (Decrypt)

• More Than 'Frens': How Two Family-Run NFT Projects Found Success in a Volatile Industry (Decrypt)

• Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits (CoinDesk)

• Everything You Need to Know About Bitcoin Ordinal NFTs (NFT Lately)

Trending Collections on Blur: 

• CloneX [Floor Price - 2.79 ETH] 

• Radbro Webring V2 [Floor Price - 0.37 ETH] 

• Doodles [Floor Price - 2.29 ETH] 

Mattel Drives Fast & Furious Assets On-Chain

Fast & Furious fans are in for a thrilling digital ride: Mattel is revving up to offer a unique opportunity to explore the energetic blockbuster series and redeem a tangible souvenir, blockchain-style.

• Timed perfectly with the release of 'Fast X: Fast & Furious 10', Mattel will launch Fast & Furious NFTs on May 22-29, allowing fans to own exclusive digital assets.

• The 'Hot Wheels NFT Garage x Fast & Furious NFTs' will feature iconic cars from the movies, including Brian O'Conner's 1969 Camaro, Dominic Toretto's 1970 Dodge Charger, and Suki's Honda S2000, priced at just $20 each.

• These digital assets serve as certificates of authenticity and ownership, ensuring exclusivity, originality, and desirability for collectors.

• In a similar vein to Mattel's previous digital collectibles, such as 'Boss Beauties x Barbie', holders of the Fast & Furious NFTs can redeem a tangible metal replica of Suki's car by acquiring the entire set of digital assets.

Axie Infinity Levels Up on Apple App Store

Axie Infinity: Origins, the captivating card-based strategy game, is set to captivate Apple users across select countries, marking another significant stride in its global expansion journey.

• Sky Mavis, creator of Axie Infinity, is launching 'Axie Infinity: Origins' card game on the Apple App Store in popular markets.

• The card-based strategy game will initially be available in Latin America and Asia, with countries like Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia, and Vietnam being the first to experience the game on Apple devices.

• Axie Infinity: Origins provides players with free non-NFT "starter" characters, already attracting 1.5 million installs across platforms.

• Sky Mavis introduces Mavis Market, a curated NFT marketplace powered by the Ronin blockchain, offering collectibles from third-party developers deploying on Ronin.

• The company's CEO, Trung Nguyen, expresses commitment to their vision of a player-owner digital nation and excitement about expanding the ecosystem to a new generation of players through app store partnerships.

Yuga Labs Unmasks Bored Ape 'Power Source', HV-MTL

Yuga Labs unveils HV-MTL (Heavy Metal) Evo1 NFTs, embedded within the 'Power Source' NFTs for Bored Ape Yacht Club's Dookey Dash game. 

• Yuga Labs introduces HV-MTL as part of the 'Power Source' NFTs given to participants of the Bored Ape Yacht Club's Dookey Dash game.

• The HV-MTL collectibles feature robotic designs that can transform into wearable mechas, with 8 types and 1050 traits determining their rarity based on players' positions in the Dookey Dash game.

• The floor price of the HV-MTL collection experienced a significant drop immediately after the NFTs were revealed, indicating a lack of enthusiasm. 

• Regardless, Yuga Labs has future plans for these NFTs — they will be crucial for the upcoming HV-MTL: Forge activation. Details about this activation remain undisclosed.

Today's edition was written by Leah Alger.

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