Headline News - Blur Announces Lending, Yuga Labs Appoint CTO, The White House Expresses Concerns Around AI & Memecoins Make Millionaires
Akuzi top the 7-day volume charts, clocking in at around 13K ETH. Mutant Ape Yacht Club sits in second, Wrapped CryptoPunks is in third, Bored Ape Yacht Club is in fourth and Milady Maker remains in fifth spot.
The crypto top 10 by market cap are in a relatively similar position to last week, with Ethereum being the standout gainer, up around 4.5%. Bitcoin is up by 0.5% and both Cardano and Ripple took hits of around 3%. This stability has roughly translated to less volatility of floor prices of notable NFT collections, with the exception of The Captainz, which has dropped by around 14%. Milady, for the second week running, was far and away the standout performer with a 34.75% floor price increase. And it was a Bored Ape Yacht Club NFT which again secured the weeks largest sale at 345.69ETH.
There’s been another flurry of activity over the past 7 days, and despite the NFT “bear market”, there’s developments abound, and overnight millionaires being made in the playground next door: the crypto markets.
Memecoins are the order of the day, with $PEPE taking centre stage, and multiple reports of traders who got in early, turning hundreds of dollars into millions within just a few days. As it often does, this has led to a committed army of enthusiasts desperately trying to replicate the same phenomenon in “copycat” projects or movements. The primary goal being to become overnight millionaires. Unfortunately, it’s not all that simple, and a vast majority of participants will leave with less funds than they entered the arena with. Nonetheless, the potential upside is intoxicating, and we’re in full-flow meme season at the moment. Good luck if you’re taking part!
Bringing things back to NFTs, there’s also much to report on. Yuga Labs announced the appointment of Mike Seavers as their new CTO, Blur Lending was announced to mixed reactions from the community, and famed auction house Sotheby's now supports secondary NFT sales, letting collectors list and make offers on work from select artists.
Elsewhere, Coinbase announced revenue of $736M for Q1, up 22% from Q4 2022, the AI debate rages on with the White House getting involved in an attempt to ‘Protect Our Society’, Kevin Rose talks about the difficulties of building in a bear market, and the U.S. SEC changes its mind on officially labeling digital assets.
For full articles on all the above and much, much more, head into the sections below and click on the relevant links.
HAVE YOU GOT A HARDWARE WALLET YET? Every day people lose their assets due to poor security. The safest way to protect your assets is to use a hardware wallet, like Ledger. Get yours here, and help support ZenAcademy in the process
Curated NFT News - the biggest stories of the past week
BIGGEST NFT Sale: Bored Ape Yacht Club #811 - 345.69ETH
Blur Announces Lending but Sparks Concerns Over Ecosystem Liquidity
Blur NFT Lending Protocol Gets Mixed Reactions From The Community
Sotheby's Launches On-Chain NFT Marketplace for Secondary Art Sales
Tensor Snatched Magic Eden’s Solana NFT Crown. But for How Long?
LACMA Ventures Deeper Into NFT Art With Experimental Deafbeef Collection
Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
Sports Illustrated launches Polygon-based NFT ticketing platform
Gabriel Leydon Announced @limitbreak Will Open Source A New Augmentation To The ERC721 Standard, ERC721C (C for Creator)
Curated AI & Web3 News
White House Meets With AI Leaders In An Attempt To 'Protect Our Society'
How an Elon Musk Parody Twitter Account Spawned a Gaming Startup
U.S. SEC Changes Its Mind on Officially Labeling Digital Assets
MoonPay Launches Retail-facing App to Manage Crypto Wallets and Tokens
Biden Administration Reiterates Desire for Crypto Mining Tax
2 Reasons Why Bitcoin Ordinals are ‘positive’ for BTC: Grayscale
Jack Dorsey’s Cash App Posts $2.16B in Bitcoin Revenue for Q1 2023
Scientists In Texas Developed A GPT-like AI System That Reads Minds
Opinion: Artists Face A Choice With AI: Adapt Or Become Obsolete
Tesla AI Is 'Trying to Kill You Every Chance It Can,' Says Apple Co-Founder
$PEPE Enters Market’s Top 100 Cryptocurrencies, Soaring 111% Overnight
Bitcoin BRC-20 Token Standard Becomes New Destination For Meme Tokens
Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit
Educational: ZenAcademy’s 30 Days Of NFTs - Entry Level NFT Course
Educational: Copyright for Digital Artists Vol 1 (FREE eBook)
A word from our Founder: Welcome to ZenAcademy! and why to join
Project news & things we’re keeping an eye on
GoblinTown Announced A New 15k Collection Called GoblinTown Season 2
NFT Collection Goblintown To Prioritize the ‘Worst’ Traders in 2nd Season Mint
Claynosaurz: An Exclusive Look at the Rising Solana Community
Kevin Rose Tweets of “a place to host events, connect, explore art, have conversations, and get out of discord for some fun”
Memeland Introduces Raids, Allowing You To Steal Others’ Maps, But At Risk Of Your Own
If you enjoy ZenCaps, don’t miss out on ZenDaily. It’s published Monday to Friday and provides a short recap of the past 24hrs in the NFT space. Subscribe for free here.
Spotlight - CryptoStudyHall.xyz
GM Everyone! In our relentless pursuit of enabling people to enter the Web3 environment, we have yet another round of exciting news to share with our community:
Odyssey (rebranding to CryptoStudyHall) is joining forces with ZenAcademy
Odyssey is a platform and content hub that was created last year with the goal of providing free web3 content and education to all. This is a goal which is in perfect alignment with our own ambitions, and we're thrilled to announce we'll be bringing them under the ZenAcademy umbrella.
We'll be rebranding the website, and using it as a content hub, using a mixture of their existing content (which will be updated accordingly), plus we’ll be adding our own content over time too.
You can find more details and have a look around here: Cryptostudyhall.xyz
With the inclusion of this invaluable resource now within the ZenAcademy ecosystem, plus our plans to expand it, we are ensuring we keep delivering valuable educational content to support the growth of the Web3 space.
The newly revamped website will serve as a learning resource for not only our community, but for anyone who wants to explore, learn and understand more about the boundless potential of Web3, in all its guises.
As of right now, existing content includes multiple learning paths, which include, but are not limited to, the following:
Intro To Web3
NFTs
DeFi (Decentralized Finance)
DAO's
…and much more.
We appreciate everyone who has been a part of Odyssey journey since its inception, and we very much look forward to welcoming their existing members into ZenAcademy.
A big shout out to community member @frankazuuring who was integral in facilitating this initiative, being a member of both Odyssey and ZenAcademy.
As always, the Z-Team were also on hand to help deliver this initiative, with particular shout-outs going to @Luca | JPEGLuciano, @mushrooooom 🍄 and @momo for making this a smooth transition.
It may be a bear market, but we’ve barely noticed. We continue to build, move forwards, and deliver benefits to our community, and beyond. Keep focused, there’s more to come from ZenAcademy. Much more!
Today’s ZenCaps is brought to you by HeyMint Launchpad
If you want to release an NFT project, we have the right tool for you!
They are, without a doubt, the most comprehensive no-code toolbox for creating and launching an NFT collection. Whether you're an independent artist, a project founder or a large-scale creator, HeyMint is the answer to your NFT needs:
And we practice what we preach — all ZenAcademy NFTs are released using HeyMint.
Interested in sponsoring our newsletter? Contact vitor@zenacademy.com to discuss opportunities and connect with our +20,000 engaged members
ZenAcademy & 333 Club Noticeboard
ZenAcademy Community News
ZenAcademy x CryptoStudyHall - We have some exciting news to share with you all - Odyssey (rebranding to CryptoStudyHall) is joining forces with ZenAcademy. For full details on this merger, see the Spotlight section above.
ZenAcademy PFP Sneak Peeks have started - We’re incredibly excited to be able to start sharing some details of how our upcoming PFP art has been developing and evolving over time. We’re starting with sharing some early concepts.
We Had Our First Official ZenAcademy Meetup w/Zeneca in Dubai - Zeneca commented that "A group of 8 of us met at a cafe for some pizza and drinks. It was a wonderful way to meet the local ZenAcademy community here in Dubai, and we're already planning another casual get-together this weekend". We hear similar happenings are occurring around the globe; good people coming together.
ZenCoaching - something’s brewing regarding a new supportive program to further empower our community. The first ZenCoaching program was extremely well received based on participant feedback, and we’re looking to offer another similar program in the very near future. Watch this space!
The ZenAcademy Consulting website was officially launched last month, and we’re extremely excited to be able to offer our services to those looking for a helping hand in Web3, and beyond. Check out the link above for more details and drop us an email if you have any questions.
Our Little Atlas community endeavour has been going exceptionally well, with 1,104 members now signed up. It’s clear from the map, that there’s significant ZA strongholds in Singapore, London, Tokyo and New York, and there’s currently another 6 events in the calendar. Keep up the good work. There’s few things more important than human connection.
ZenAcademy - Latest Content Releases
YouTube Video: The Importance Of Asking Questions In Web3 - MET AMS
YouTube Video: Two Bored Apes Ep. 76: Coinbase Sues SEC, OpenSea Fraud Trial, Yuga Labs vs. Ryder Ripps
Zeneca Newsletter: Letter 37: SVB & USDC
YouTube Shorts: The Future of NFTs: Embracing Subscription Models
ZenAcademy Regular Events
The ZenDaily Show hosted by Zeneca and Emileevee, every Mon-Fri (at 10:30am EST). This space is all about education, information and entertainment. It has a focus on Web3 education, topical perspectives, and being a forum for the ZA community and beyond to join in and discuss what’s going on in the web3 world. Additionally, Zeneca will be doing what he does best: distilling complicated information into easily digestible bites.
Wellness Wednesdays - Hosted by @Kit777 every other Wednesday. Kit talks with one of our highly esteemed members in a Twitter spaces where we pause, take a break and discuss all things related to mental health/wellness and our shared human journey in life.
Keep across the Minor Announcements channel in Discord, for details on Founders Calls, Casual Voice Chats, Trivia Challenges and more!
Artists Corner - Every other Wednesday, hosted by KingInTheCastle, this event takes place in our Discord for our members. Artists take to the mic and share their journey, experiences and knowledge with our community. Hop in the call to learn and have fun.
333 Club’s weekly ‘This Week in NFTs’ Twitter Spaces, each and every Sunday. Follow the 333 Club Twitter page here for more info.
Join Poker Nights via our Discord. Events held weekly, with prizes to be won.
There’s a ‘global-events’ forum in the ZA Discord to help facilitate IRL meet-ups amongst the community. Find more details here.
Don’t forget to keep across the Giveaways Discord channel, with plenty of allowlist spots up for grabs on a regular basis.
Nothing in this or any other ZenCaps publication should be construed as financial or investment advice. The views and opinions expressed in ZenCaps publications do not reflect those of Zeneca or the ZenAcademy.
Always exercise caution within the NFT space and adhere to best practices when it comes to making any investments. There is plenty of potential, but this comes with inherent risks.
Stay safe, and as always, good luck.