NiftyNoon: ApeFest Goes Global (to Hong Kong)

While Apefest is traditionally associated with New York, 2023’s event will be in Hong Kong (July 14, 2023)

Nifty Thought

• The strategy behind the Yuga Labs decision to move Apefest to Hong Kong is simply brilliant. While Asia-centric NFTs that are struggling (such as Azuki and Ether), Yuga Labs has decided to pounce and capture one of the wealthiest cities in the region. Yuga Labs events have seldom disappointed so this Hong Kong celebration will likely be a strong onboarding experience for prospective Bored Ape Yacht Club holders. Targeting greater China, rather than somewhere like Singapore, is also clever due to the cultural dynamics in the region. With a strong emphasis on brands and social signaling, Yuga Labs could be positioned in creating the first truly Veblen good NFT in the Asian market. This is an exciting time for anyone that hopes to see NFTs succeed in the long run.

Highlighted News

• ApeFest is going to Hong Kong- Nov 3-5, 2023:

  

  https://twitter.com/boredapeyc/status/1679640709463175174?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• [DB] Ripple Sales of XRP Do Not Constitute Offer of Investment Contracts-Judge:

  

  https://twitter.com/tier10k/status/1679512873498816519?s=20

• Scott+Scott, an international law firm, has announced that they have been officially appointed as class counsel in a class action lawsuit against Yuga Labs:

  

  https://twitter.com/profkeeting/status/1679729668964990976?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

Project and Community News

• Coinbase shares it will re-enable trading for XRP (XRP) on the XRP network:

  https://twitter.com/CoinbaseAssets/status/1679575239657758721?s=20

• Ether will be decreasing secondary royalties on both collections from 7.5% to 3.5%:

  https://twitter.com/ether/status/1679644081570435072?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Blur adds support for viewing and searching accounts by ENS, collection social links and custom listing duration:

  https://twitter.com/blur_io/status/1678799763989200896

• Verse shares they will be opening their platform up, enabling leading galleries to present digital artworks to a whole new audience of non-crypto people in the coming months:

  https://twitter.com/verse_works/status/1679530087840989184

• Holo NFT Pop Up opening in 24 hours for an exclusive Holo’s World Ticket activation:

  https://twitter.com/holoisalpha/status/1679596603152187396?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Bored Ape celebrating 2 years of MAYC next month in Miami, FL. August 26th, 2023 at Oasis Wynwood:

  https://twitter.com/boredapeyc/status/1679634411103346688?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Answers to some questions about $ meme from Ray:

  https://twitter.com/0xgringo_/status/1679471998496575488?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Moonbirds- now’s your chance to have a Toobins in your wallet with Toobins Run, powered by @TheWormNFT:

  https://twitter.com/moonbirds/status/1679541367104765952?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Doodles introduce the Inkubator, with a mission to provide a launchpad that enables Doodles holders to connect and collaborate on endeavors that enrich the community and expand the Doodles brand:

  https://twitter.com/doodles/status/1679552331103215630?s=20

• 10KTFshop shares storyline teaser:

  https://twitter.com/10KTFshop/status/1679615435887763457

• Dapper Labs said goodbye to 51 colleagues and friends today:

  https://twitter.com/roham/status/1679301700669296640?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• seedphrase officially announces signing with @WME:

  https://twitter.com/seedphrase/status/1679526820469694473?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Warner Bros coming soon to Web3:

  https://twitter.com/WarnerBrosNFT/status/1679679130630078464?s=20

• FUD about spending 600 ETH on a gold ape:

  https://twitter.com/bluebadger2600/status/1679566404415270912?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Blood In The Aqueduct Traded from @Rhynotic to @ArtOnBlockchain 1 Skull of Luci For Cryptopunk #2783 + Chromie Squiggle #9791 + Chromie Squiggle #9803:

  https://twitter.com/botofluci/status/1679329665943568385?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Another grail Alien Cryptopunk just listed for ~$9m:

  https://twitter.com/mmittens_/status/1679352701128433666?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Azuki #6282 bought for 145.00 ETH (282,664.45 USD) on X2Y2:

  https://twitter.com/grailazukibot/status/1679529677613051912?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

• Ape #1734 bought for 600.00 ETH (1,197,713.96 USD) on X2Y:

  https://twitter.com/baycsalesbot/status/1679556388333424640?s=46&t=Hb-nBT0zonE82bFfQEj7Cg

Quick Stats:

• OpenSea ETH Daily Volume: 1,733 ETH (▼ 7.67%)

• Blur ETH Daily Volume: 6,914 ETH (▲ 1.25%)

• BTC: $31,236.61 (▲ 2.24%)

• ETH: $1,996.10 (▲ 6.07%)

• Solana: $27.89 (▲ 24.74%)

• Polygon: $0.84 (▲ 10.77%)

NFT Daily Winners:

• 🥔 Potatoz: 1.81 ETH (▲ 13.06%)

• 🧝🏼‍♀️ DigiDaigaku: 3.25 ETH (▲ 4.99%)

• 🏴‍☠️ Captainz: 5.75 ETH (▲ 2.97%)

• 🚬 CryptoPunks: 50.00 ETH (▲ 0.02%)

• 🏳️‍🌈 Chromie Squiggles: 9.65 ETH (► 0.00%)

NFT Daily Losers:

• 🌈 Doodles: 1.54 ETH (▼ 0.03%)

• 🧬 Clone X: 1.71 ETH (▼ 0.35%)

• 🦧 Bored Ape Yacht Club: 33.28 ETH (▼ 0.36%)

• 🐈‍⬛ VeeFriends: 1.80 ETH (▼ 1.10%)

• 🧟 Mutant Ape Yacht Club: 6.33 ETH (▼ 1.33%)

• 🐧 Pudgy Penguins: 3.68 ETH (▼ 2.88%)

• ⛩️ Azuki: 6.17 ETH (▼ 8.86%)

• 🦉 Moonbirds: 1.55 ETH (▼ 10.57%)

• 🥃 Proof Collective: 5.70 ETH (▼ 14.81%)

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