NiftyNoon: Meet Kodamaras and Vessels, the next 100,000 NFTs Released by Yuga Labs and the Otherside
The next 100,000 NFTs from Yuga Labs are coming (March 28, 2023)
Nifty Thought
Legends of the Mara has the potential to be a radically interesting event. Although the gameplay elements are not yet clear, Yuga Labs has made it apparent they are focusing on lore with this next event. While details remain scarce, it is important to note tactically that this will include the creation of 100,000 new Vessel NFTs along with the decoupling of 10,000 Koda NFTs. This surge in NFT supply could be troubling as the number of daily NFT participants continues to dwindle. A massive increase in desirable supply with a decrease in demand could result in lower asset prices across the board.
Furthermore, the mechanic of upgrading Vessels into Kodamaras has the potential to be dilutive to Kodas specifically. While Kodas are still viewed as the key players in the Otherside, Kodamaras now seem positioned to be the second tier below them (similar to Mutant Ape Yacht Club’s position to Bored Ape Yacht Club). Only time will reveal how all of this impacts price action.
Project News
Yuga Labs announce partnership with Gucci “as a new narrative takes shape”:
Otherside by Yuga Labs introduces Legends of the Mara, a 2D experience with its own companion collection:
Ledger announces Apecoin is their next Ledger Quest partner, with an exclusive Ledger Quest for $ APE holders dropping soon:
CFTC sues Binance and CZ, with strong chances of succeeding in toppling the Binance empire:
1/23 Oh boy docdroid.net/60YAbCz/cftc-b… Case is up and it's bad. This is the CFTC attempting to strike *fatal* blow to Binance, and at first read through... I think they actually have really strong chances here of succeeding in toppling the Binance empire.Yuga Labs roll out Yuga authentication badges for accounts of certain employees:
Ticketmaster launches NFT-gated pre-sales:
Federal judge blocks proposed $1.3 billion sale of bankrupt Voyager Digital Ltd to Binance:
Community News
Nakamigos collection has already done more lifetime trades than Bored Ape Yacht Club:
Grail Fidenza sold for 80 ETH to Sudo:
Quick Stats:
OpenSea ETH Daily Volume: 4,901 ETH (▲ 20.66%)
Blur ETH Daily Volume: 15,305 ETH (▼ 21.90%)
BTC: $26,713.42 (▼ 4.26%)
ETH: $1716.81 (▼ 2.58%)
Solana: $19.72 (▼ 4.09%)
Polygon: $1.05 (▼ 3.09%)
NFT Daily Winners:
🧝🏼♀️ DigiDaigaku: 5.45 ETH (▲ 12.6%)
🧟 Mutant Ape Yacht Club: 12.59 ETH (▲ 3.1%)
🦉 Moonbirds: 3.19 ETH (▲ 2.11%)
🥃 Proof Collective: 9.49 ETH (▲ 1.49%)
🌈 Doodles: 3.24 ETH (▲ 1.40%)
🚬 CryptoPunks: 62.26 ETH (▲ 1.27%)
🐧 Pudgy Penguins: 4.36 ETH (▲ 0.9%)
🐈⬛ VeeFriends: 2.77 ETH (► 0.00%)
NFT Daily Losers:
⛩️ Azuki: 13.58 ETH (▼ 0.08%)
🧬 Clone X: 3.23 ETH (▼ 0.34%)
🏳️🌈 Chromie Squiggles: 9.59 ETH (▼ 0.57%)
🦧 Bored Ape Yacht Club: 60.37 ETH (▼ 1.84%)
Notes:
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