Alpha Schedule - Your Weekly NFT Newsletter

Share this post

Alpha Schedule #13 - Shady Founder Crashes Azuki Floor

www.alphaschedule.io

Alpha Schedule #13 - Shady Founder Crashes Azuki Floor

AMERICAN RADASS
May 13, 2022
Share this post

Alpha Schedule #13 - Shady Founder Crashes Azuki Floor

www.alphaschedule.io

*Read this newsletter online to read all the info*

Hi Fellaz,

The past week has been very eventful, featuring ...

  • 📉 The collapse of UST / Luna

  • 📉 The decline of Azuki

  • 📸 NFTs on Instagram

  • 🤩 Former Billboard executive is the new CEO of Doodles.

Fact is: the collapse of Luna and the decline of Azuki have dragged the market down. It is currently casting a very dark cloud over the entirety of the NFT space, and will later be seen as an important historical event.

So, if the tumbling markets impacted you, know there is no shame to take a step back and take time away from the charts.

Personally, I'm trying to use this time to learn a skill, so when the next bull comes - I'll be one step ahead.

— 🩸💀 AMERICAN RADASS


SHADY FOUNDER CRASHES AZUKI FLOOR

AZUKI - From 40 ETH to 10 ETH

Known only by his Twitter pseudonym Zagabond, the founder of the Azuki NFT project has revealed a controversial part of his history with previous projects on Monday night.

The NFT community responded furious to his statements, reflecting negatively on the value of the Azuki collection on OpenSea. In a detailed blog post, Zagabond lists the previous projects he has worked on - CryptoPhunks, Tendies, and CryptoZunks, and elaborates why each of the projects had to be wrapped up.

As a result, the NFT community started digging for old tweets and dirt. Here's a list of interesting posts:

  • TL;DR - What happened?

  • TL;DR - What was said in the Spaces Zagabond organized to save his skin?

  • The only thing to remember from the Spaces

  • TL;DR - 3 Rugged projects in less than a year

  • Thoughts from an AZUKI co-owner

  • Zagabond pretended to be a girl to sell more NFTs

  • Zagabond talks about how collectors are bad at due diligence

  • How the Beanz reveal was rugged

LUNA MADE A DEATH SPIRAL

Twitter avatar for @fintwit_news
Fintwit @fintwit_news
If you invested $10,000 in Luna last week, you now have $2
Image
2:37 PM ∙ May 12, 2022
20,333Likes3,030Retweets

Terraform Labs, the company behind the Terra USD (UST) and Terra (LUNA) cryptocurrencies, briefly halted the Terra blockchain for two hours on Thursday following the Terra ecosystem’s meltdown this week, which caused its stablecoin, UST, to crash, taking with it the rest of the cryptocurrency market.

The move comes after Terra’s not-so-stablecoin TerraUSD (UST) depegged from the $1 level it was supposed to stay at and plummeted over 99% earlier this week.

Interesting tweets to understand what happened:

  • TL;DR - What happened? (technical thread)

  • Do Kwon Outed for Previous Failed Stablecoin Project

  • Lessons to be learned from this

  • The death of Luna marks the end of the alt1 trade.

NFTs ON INSTAGRAM

Twitter avatar for @instagram
Instagram @instagram
NFTs on Instagram 💫 We’re testing ways for creators and collectors to share NFTs they’ve created or own on Instagram with a shimmer effect.
Image
3:59 PM ∙ May 10, 2022
6,473Likes1,763Retweets

Instagram, the social media platform owned by Meta, will support NFTs from several major blockchain networks, with the first pilot currently live on @misshattan's Instagram profile (tip: check via mobile app!).

Ethereum, Polygon, Solana, and Flow, which host most of the trading in digital collectibles, are in line for Instagram NFT integrations.

Instagram will not charge users for posting and sharing NFTs, as Twitter initially did for its hexagonal NFT profile pictures in January.

📰 OTHER NEWS FROM THE PAST WEEK

  • Julian Holguin, the former executive at Billboard, is the new CEO of Doodles.

  • The investor who bought CryptoPunk #273 for more than $1 million less than seven months ago sold the NFT for $139,530 — at a massive almost 80% loss.

  • Otherdeed #59906, the eighth rarest virtual land piece from Yuga Labs’ Otherside metaverse project, sold for a record 625 ETH ($1.5 million) on the NFT marketplace X2Y2 on Sunday.

  • The German Ministry of Finance has made certain amendments to its cryptocurrency policies; assets won’t be taxed if individuals hold the assets for more than one year.

  • Social media has been buzzing over a statement that implies Coinbase consumers are not insured in the event of the firm going bankrupt. The CEO of Coinbase, Brian Armstrong has said that money is secure “as they’ve always been.”

  • Meta is partnering with Polygon as they make their push into web3.

  • OpenSea is rolling out features to “improve authenticity” on the digital marketplace, the company announced in a series of blog posts.

  • Axie Infinity, one of the largest play-to-earn blockchain games by volume, has crossed the $4 billion mark for all-time NFT sales.

  • Dapper Labs, the company behind the NFT and gaming-focused blockchain Flow, has raised $725 million to support the growth of its blockchain ecosystem.

  • Ethereum Shadow Fork 4 just got successfully completed.

✨ NEW IN THE SPACE

  • Digital artist Beeple and Madonna have collaborated to produce three NFTs that depict the pop superstar as the mother of all creation.

  • Sports Metaverse, the first sports-focused metaverse in the world, and top UFC fighter Amanda Nunes announced a partnership, under which Nunes will offer personal training in her metaverse gym.

  • Renowned and respected feminist artist Lina Valentina is preparing to launch her first NFT series. Under the “No More” banner, the collection will solidify women’s position within the Web3 environment and denounce domestic violence.

  • Zora, an Ethereum-based marketplace for buying, selling and curating NFTs has raised $50 million in new funding, valuing the company at $600 million.

💀 HOW TO RECOGNIZE A RUG PULL

Twitter avatar for @Serpent
Serpent @Serpent
Using an exploit with Google ads, scammers are able to make the real and scam URL look exactly the same. Already ~100 ETH stolen 🧵👇
Image
1:13 AM ∙ May 10, 2022
7,578Likes2,837Retweets

As Twitter user Serpent points out: you have to be careful every step of the way because scams and rug pulls are literally everywhere. Check and double-check everything, please.

🔮 LOOKING FORWARD

We normally highlight upcoming mints, but honestly? I haven't seen a project I wanted to highlight for this week ... so let's look ahead to the next few weeks.

It’s no financial advice at all, but you might want to start doing your research and grinding for these allowlists before it’s too late.

  • ThePossessed

  • Fear City

  • PFPFightClub

  • Rugrats

  • NorthernTrials

PS - Don’t hesitate to tell them you found out about them via this newsletter ;)

📖 LEARN HOW TO DO YOUR OWN RESEARCH

Twitter avatar for @osf_nft
OSF @osf_nft
1. NFT/CRYPTO DISASTER RECOVERY. Sitting on big losses? Feeling anxious or frozen? No idea wtf to do rn? Here's a thread on how to get yourself out of the hole.
7:53 AM ∙ May 9, 2022
2,378Likes791Retweets

Earlier this week, OSF - an NFT collector who founded his own NFT investment firm - shared some tips on approaching the current bear market.

TL;DR - Get a fresh mind, write down your exposure, look at your conviction, look at your investments, and convert low and medium conviction positions.

👀 BEHIND THE SCENES: OTHERSIDE GAMEPLAY

Twitter avatar for @OthersideMeta
Othersidemeta @OthersideMeta
And here’s a sneak peak of the First Trip, the tech demo from @Improbableio. Can’t wait to share the experience with you.
12:40 AM ∙ May 12, 2022
17,097Likes5,164Retweets

Yuga Labs recently released Otherside land, and now they are teasing some gameplay.

😂 LAUGH OUT LOUD

The only good thing about these bear market are the amount of memes - I've lised my favorite ones below.

  • Pizza at NFT NYC

  • How we stole NFTs back in the day

  • Does anyone know the azuki founders?

  • How to turn an MMA fighter into a Bored Ape

  • They are replacing NFT NYC with a job fair

  • ETH below $2,700

Twitter avatar for @MERICAN_RADASS
🩸💀 AMERICANxRADASS @MERICAN_RADASS
MRW looking at my portfolio
Image
4:15 PM ∙ May 12, 2022
56Likes11Retweets

😊 ENJOYED THIS WEEK'S ALPHA?

Please do keep forwarding this email to friends, family, gaming buddies, or colleagues you think would benefit from receiving this newsletter in their inbox every Friday. For free!

You can also …

  • Retweet this tweet

  • Share this link on your favorite discord server

Twitter avatar for @0xAlphaSchedule
Alpha Schedule @0xAlphaSchedule
Every weekend, we send the world’s most useful newsletter for NFT Collectors. Don’t spend hours every week trying to keep up with all the latest: 📅 Mint schedule 🆕 New projects ✅ Tips & tricks We will do it for you. For FREE. Just subscribe here: alphaschedule.io ✌️
alphaschedule.ioAlpha Schedule - A Weekly NFT Newsletter - RevueProvides information related to NFT’s - from notes and insights to news and mint schedules (incl. Mint Calendar).
6:14 PM ∙ Mar 19, 2022
25Likes6Retweets

🤓 DISCLAIMER: NFA & DYOR

This newsletter is a curated overview of the most interesting things I’ve read the past week, the projects I’ve researched, and the NFTs I’ll be trying to buy.

This means I’m - per definition - biased, so don’t consider this as financial advice and keep doing your own research if you see something you like.

Share this post

Alpha Schedule #13 - Shady Founder Crashes Azuki Floor

www.alphaschedule.io
Previous
Next
Comments
TopNew

No posts

Ready for more?

© 2023 Substack Inc
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing