NiftyNoon: Can Moonbirds Still Become a Top 3 Profile Picture?
As Moonbirds struggles to make it through the bear market, questions surrounding its future remain (April 24, 2023)
Nifty Thought
PROOF’s Moonbirds was once one of the top profile picture projects by a wide margin. After a tumultuous 2022, Moonbirds has fallen more than perhaps any other top-profile picture project thus far. The reasons contributing this are too long to name, ranging from the project changing its IP license to CC0 months after mint to failing to deliver compelling nesting rewards.
Moving forward, Moonbirds has elected to focus itself on NFT art. Creating scarcity of digital art is perhaps one of the most apparent and durable use cases for NFTs. This focus makes sense but is highly contingent on relationships and execution. Having done notable NFT collaborations with key artists such as Beeple, XCOPY, and Snowfro, it is clear that PROOF is uniquely positioned within the NFT art space. So long as the company continues to cultivate and maintain these strong artist connections, there may be an opportunity for the project to once again claim its throne amongst the top NFT companies.
Project News
Adidas introduces the Indigo Herz Pack (2 pieces - token gated) starting April 26th for Alts holders:
https://twitter.com/indigo_herz/status/1648748169298161667
PRguitarman announces that Reddit Nyan Cat avatars holders have received a brand new Fiesta Dog avatar:
https://twitter.com/prguitarman/status/1649203957850357766?s=46&t=Hb-nBT0zonE82bFfQEj7Cg
Blur detects bug affecting some bids, which is resolved shortly after:
https://twitter.com/PacmanBlur/status/1649650815592972288
Yuga Labs awarded summary judgment against Ryder Ripps et al. for false designation of origin, cybersquatting and against a fair use under First Amendment/Rogers, unclean hands, and knowing misrepresentation:
https://twitter.com/AshKernen/status/1649577699592093696
Pixelmon unveils the publication of highly-anticipated Strategy Whitepaper, the bedrock of their movement towards Decentralized Game Ownership:
https://twitter.com/Pixelmon/status/1649051550629920771
Overlord presents the invasion phase II:
https://twitter.com/Overlord_xyz/status/1649477148241960974
Moonbirds announce anticipated start of the selection process for Diamond Exhibition Day One Pass holders:
https://twitter.com/moonbirds/status/1650188715820732417
MoonPay can now be used to buy ENS domains with a card:
https://twitter.com/moonpay/status/1649412828057464839
Community News
Zagabond shares thoughts concerning the increasing value of the Azuki robust brand and IP for continued success in the long term:
https://twitter.com/ZAGABOND/status/1649242761537945600?s=20
Cool Cats founder, Lynqoid, shares he will no longer be working day to day with the project:
https://twitter.com/lynqoid/status/1649422276704493569?s=46&t=8KNrB_2ph_tiko4xBuIpBg
Quick Stats:
OpenSea ETH Daily Volume: 3,133 ETH (▼ 6.17%)
Blur ETH Daily Volume: 9,282 ETH (▼ 22.73%)
BTC: $27,441.33 (▼ 0.46%)
ETH: $1,849.48 (▼ 1.02%)
Solana: $21.59 (▼ 2.01%)
Polygon: $0.99 (▼ 2.79%)
NFT Daily Winners:
🧝🏼♀️ DigiDaigaku: 3.57 ETH (▲ 13.66%)
🧬 Clone X: 2.73 ETH (▲ 3.27%)
🐈⬛ VeeFriends: 2.50 ETH (▲ 2.0%)
🥃 Proof Collective: 8.50 ETH (▲ 1.92%)
⛩️ Azuki: 15.10 ETH (▲ 1.68%)
🦧 Bored Ape Yacht Club: 50.91 ETH (▲ 0.91%)
NFT Daily Losers:
🏳️🌈 Chromie Squiggles: 8.44 ETH (▼ 0.71%)
🧟 Mutant Ape Yacht Club: 11.10 ETH (▼ 0.89%)
🌈 Doodles: 2.36 ETH (▼ 1.30%)
🚬 CryptoPunks: 48.78 ETH (▼ 1.95%)
🐧 Pudgy Penguins: 3.94 ETH (▼ 3.06%)
🏴☠️ The Captainz: 7.53 ETH (▼ 5.41%)
🥔 The Potatoz: 3.02 ETH (▼ 7.93%)
🦉 Moonbirds: 2.46 ETH (▼ 8.86%)
Notes:
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Nice round up🙏🏼