Sappy Seals Launch an AI Meme Machine, Logan Paul Plans to Sue Coffeezilla, and Axie Infinity Releases Homeland
w/ more news about SBF, Yuga Labs, Manchester United,...
Hi Frens,
Welcome to the first Alpha Schedule of the new year, I hope everyone had an amazing start to the new year?
In order to try new things, I started my year by setting my goal for 2023; I plan to make turn it into the Year of the Grind. As a result, I will run all my projects as “Open Startups,” which means that I will be sharing my progress, struggles, and income reports on a monthly basis via a separate newsletter. The main reason is to hold myself accountable - should be fun!
Speaking about fun: I was invited by CryptoCafé Ghent to talk about personal branding in the web3 space. It was incredible presenting a keynote to a crypto-native audience and not having to explain the basics. Hello 👋 to my new friends and subscribers!
Before we dive into this week’s newsletter, here is a list of interesting articles I stumbled upon over the past week.
How can blockchain technology improve the current ticketing system?
Roberto Nickson talks about growing @themetav3rse over 1M followers
— 🩸💀 AMERICAN RADASS
Sappy Seals Launch an AI Meme Machine
NFT Project Sappy Seals introduced Meme Machine over the weekend, a platform with generative memes tailored specifically to the NFT of their holders.
In addition to helping build Memes, the Meme Machine website will be a place for holders to check out their personalized meme database. Want to use those memes quickly? Sappy Seals has a solution for that - Sappy React.
Sappy React is a Google Chrome extension that will allow you to insert custom memes directly on Twitter.
Logan Paul Plans to Sue Coffeezilla
In a three-part series created by a viewer-supported Youtube channel, Coffeezilla accused Logan Paul of engaging in fraudulent activities with his NFT game Crypto Zoo.
Crypto Zoo was launched in 2021 on Binance Smart Chain. To play the game, all users had to do was buy “eggs” that hatch into hybrid animals. People reportedly purchased nearly $2.5 million worth of eggs even before it was launched. In fact, its native ZOO token skyrocketed in value, reaching over a $2 billion market cap pre-launch.
However, its social media channels have not been active over the past eight to nine months, brewing concerns of abandonment by Paul. Coffeezilla, whose real name is Stephen Findeisen, accused the 27-year-old Podcaster of allegedly stealing millions of dollars through the business.
Internet personality Logan Paul hit back at these claims that his CryptoZoo NFT game is a scam, blaming bad hiring choices for the lack of progress in the project’s development.
📰 OTHER NEWS FROM THE PAST WEEK
Yuga Labs, creators of the popular Bored Ape Yacht Club, received a counterclaim in an ongoing lawsuit against an artist and his business partner who allegedly forged “copycat” versions of their NFT collection.
Kia’s first NFTs raised funds for more than 22,000 pets in need
Liquidators found a unique way to subpoena Three Arrows Capital co-founders Kyle Davies and Su Zhu, issuing them a copy of the subpoena via Twitter.
On-chain evidence linked FTX to the purchase of 101 Bored Apes from Sotheby's for 24.4M back in 2021
Regulators in the Bahamas are holding $3.5 Billion in FTX Customer Assets
The SBF trial is scheduled for October 2nd, 2023
NFT collector Borovik claims DeGods is actually broke and argues why
Sartoshi_nft, the creator of the mfers NFT project, is back as Sartoshi_rip.
NFT-related trademarks fell for 10 straight months after March 2022.
Tron founder Justin Sun plans to lay off roughly 20% of Huobi’s staff, Reuters reported on Jan. 6.
The blockchain gaming platform Animoca Brands seeks to raise around $1 billion for its latest Web3 and Metaverse investment fund during the year’s first quarter.
✨ NEW IN THE SPACE
Europe’s largest bank, HSBC ($11 trillion in assets), is entering the NFT market
Indonesia plans to establish a national crypto exchange amid broader financial sector reform.
💀 HOW TO RECOGNIZE A RUG PULL
An official NFT collection from the Manchester United Football Club has been accused of copying the work of NFT artist DesLucrece.
Bitcoin core developer Luke Dashjr revealed that he lost over 200 BTCs when his wallet was compromised just before the new year. Dashjr addressed the community, stating that a PGP key compromise resulted in the loss of his funds.
3Commas, one of the largest and most popular crypto portfolio management tools, has leaked the APIs of over 100,000 users on its platform.
Mutant Ape Planet, the creator of a Mutant Ape Yacht Club rip-off line, has been detained in New York and accused of running a rug pull scam to swindle investors out of $2.9 million.
Nikhil Gopalani, the COO of RTFKT, took to Twitter to reveal losing a significant number of NFTs from his wallet in a phishing attack.
The founder of Goobers NFT, who goes by the name DNP3, blamed a gambling addiction for why he gambled and lost user funds.
Magic Eden revealed that it would refund all the users who mistakenly bought unverified NFTs that showed up on the collection pages as a result of a recent breach.
😂 LAUGH OUT LOUD
🤓 DISCLAIMER: NFA & DYOR
This newsletter is a curated overview of the most exciting 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.