NiftyNoon: The Return of Beanie

For October 21, 2022

Nifty Analysis

• The return of Beanie has been highly debated. Although his alleged past has caused a stir in the NFT world 10 months ago, many new web3 fans are not as familiar with his controversy. His involvement as an investor in the Blur marketplace has caused many to denounce the platform. This has long-term implications for projects moving forward as they begin to worry about the public relations implications of bringing certain investors onto their cap tables.

• The Infinite Objects Moonbirds Gold Nest reward is an excellent improvement from the fanny packs given as the Silver Nest reward. Infinite Objects displays are tied to their original NFT so they feel as if you are “printing” an NFT onto a digital display. Furthermore, commissioning a respected animator to generate Moonbirds animations to make this display more dynamic is a nice touch. It is comforting to see the team take more feedback from the community to deliver rewards that holders care more about. Unfortunately, the price action for Moonbirds has still greatly underperformed the overall market. Whereas a Moonbird a few months ago was worth 3 Azukis, 2.5 Chromie Squiggles, and 1.5 Mutant Ape Yacht Clubs, a Moonbird today is worth 0.85 Azukis, 0.79 Chromie Squiggles, and 0.69 MAYCs. Despite this strong nesting reward, the negative momentum for Moonbirds has been difficult to stop and it will likely take a huge catalyst for this to change any time soon.

Project News

• Moonbirds reveals commissioned animated Moonbirds and Infinite Objects NFT display as Gold Nest reward:

  Moonbirds (🦉, 🥃) @moonbirds

  Happy Gold Nest Day!🥇🪹To celebrate the occasion, we’ve teamed up with @infiniteobjects and community favorite @MarkMograph to bring you an animated Infinite Object of your very own Moonbird! 🦉

  

  PROOF (🥃,🦉) @proof_xyz

  Spoiler Alert: Here's a little unboxing heat for you gold nesters.

• OpenSea launches analytics tab on NFT collection pages:

  OpenSea @opensea

  Data is a *foundational* component of buying, selling, & DYOR about NFTs. 📉🚀📈 We’ve just launched a new analytics tab on most collection pages and it is now rolled out to 100% of our users! 🙌 Below, we have some more info on why we built something new & what’s changing 🧵⤵️

  

• Garga, the co-founder of Yuga Labs, reveals plans to have a persistent metaverse world for Otherside in 2023:

  Flokie.eth @flokienft

  "The persistent world will be coming in 2023" - @CryptoGarga on @OthersideMeta This means we'll be able to hop on Otherside whenever we want to starting sometime next year, LETS GO!

• Bored Ape Yacht Club launches merchandise collaboration with McBess and DudesFactory:

  Bored Ape Yacht Club @BoredApeYC

  Apes, our BAYC x @mcbess x @DudesFactory collab goes live on Wednesday, Oct. 26th at noon ET. This BAYC/MAYC-exclusive drop will be at store.boredapeyachtclub.com when live, with payments in @apecoin only. 🧵for more info.

  

Community News

• XCOPY releases new collaborative artwork with Moxarra and Neurocolor:

  The NonNFT Summit @NonNftSummit

  NonNFT @Moxarra x @neurocolor x @XCOPYART commemorative collab artwork and access ticket. Only 666 Mint here: non-nft.xyz/get-tickets.ht… #NonNFTSummit #cryptoart

  

• Shillin_Villain hosts spaces that marks the return of Beanie, a highly controversial NFT influencer that has been involved with Blur, Pixel Vault, Wolf Game, and more:

  Alex❓ @ShiLLin_ViLLian

  https://t.co/yNrsvWyL88

• NFT community members debate the implications of Beanie’s return and distance their current products away from him:

  Zeneca_33 (🔮,🔥) @Zeneca_33

  What a wild 24 hours. Beanie resurfaced, and I was dead set on not engaging or commenting because I washed my hands of him a long time ago, but I have to address it now 🧵👇

  Beanie @beaniemaxi

  I won’t participate in more Spaces or create content here. The level of toxicity and insanity in this space has hit unfathomable levels. Good luck to everybody left standing. Friends can always DM to chat. I’ll continue to invest in innovative technology behind the scenes. Bye 👋

• Azuki’s Proof of Skate event launches in Hong Kong’s famous K11 Musea mall:

  sadboobs @sadboobs_eth

  Proof Of Skate - Live at @K11Musea Press Hour with Stephen Fung aka Azuki#114 & @ZAGABOND. 🛹⛩️ https://t.co/iubdriuq6X

  

Quick Stats:

• OpenSea USD Daily Volume: $9.47M (▼ 16.79%)

• OpenSea ETH Daily Volume: 7,204 ETH (▼ 16.03%)

• BTC: $19,089.60 (▼ 0.75%)

• ETH: $1,287.XX (▼ 1.20%)

• Solana: $27.58 (▼ 5.75%)

NFT Daily Winners:

• Clone X: 8.65 ETH (▲ 5.10%)

• Moonbirds: 9.38 ETH (▲ 4.22%)

• Azuki: 10.98 ETH (▲ 1.76%)

• Doodles: 7.63 ETH (▲ 1.06%)

• Chromie Squiggles: 11.90 ETH (► 0.00%)

• Mutant Ape Yacht Club: 13.59 ETH (► 0.00%)

NFT Daily Losers:

• CryptoPunks: 66.50 ETH (▼ 0.14%)

• Bored Ape Yacht Club: 73.30 ETH (▼ 0.93%)

• Proof Collective: 38.50 ETH (▼ 2.41%)

• VeeFriends: 5.00 ETH (▼ 5.66%)

• DigiDaigaku: 10.60 ETH (▼ 7.02%)

Notes:

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• Created by @AxuETH, @jpegprez, @SSPxLEO, and @SpeedyGonzale87