NiftyNoon: The Starcatchers Comeback

For October 26, 2022

Nifty Analysis

• Starcatchers is a project that launched near the bull market's peak and temporarily benefited massively from its initial euphoria. Over the past week, Starcatchers has seen a comeback in volume and price as rumors regarding the project’s future circulated. Ultimately, the project disclosed a wave of new intellectual property partnerships and an updated business model with a 0% royalty. As royalties are a hot topic within the NFT space, the shift to 0% was a pleasant surprise. In many ways, Starcatchers is a true innovator as they seek revenue opportunities that do not rely on NFT trading. In the long run, the success of Starcatchers will be dependent on how these revenue opportunities work out. Given the team’s past history of excellence outside of web3, it is clearly wise to keep an eye on everything they are doing.

• The delay of $GANG is likely related to the SEC investigation into Yuga Labs. Unfortunately, there might be further delays of other NFT ERC20 tokens until this matter is resolved. On the other hand, it is also possible that there are many other NFT teams that have ERC20 tokens ready but are sidelined until the regulatory details are clear.

Project News

• Starcatchers announces move to 0% royalties and a new focus on intellectual property partnerships:

  Starcatchers @StarcatchersNFT

  who let the stars out https://t.co/rSvV8ZGaoK

  Crypt0_Jr | Consultant @Crypt0_jr

  @StarcatchersNFT w/ major updates‼️: - moving to 0% royalty - focusing on partnerships & helping holders get their #Starcatchers licensed deals - partnering with @HologramLabs to produce 3D #PFPs of every holder which will be able to be used on video calls/#metaverse #alpha

• GutterCatGang’s $GANG delays launch until there is more regulatory clarity on NFT ERC20 token drops:

  GangCoin @gangcoin_

  $GANG UPDATE: Due to recent industry developments, GangCoin will launch when there is sufficient regulatory clarity on how to do so responsibly. Q4 isn’t off the table, but the situation is fluid & evolving each day in a manner where a deadline can't be committed to at this time.

• DC expands NFT offerings with the introduction of DC collectible comics:

  DC NFT @DCNFTOfficial

  Our multiverse expands with DC Collectible Comics! Buy, collect, and sell digital DC Comics for the first time! Featuring variant and gradation rarities on every mint run. We take off with Superman #1, dropping 10/27. Sign up so you don't miss out: nft.dcuniverse.com

  

Community News

• FranklinIsBored accidentally sells Bored Ape Yacht for 9 ETH instead of 90 ETH:

  Franklin has 60 apes 🦧🦧🦧🦧🦧🦧🦧🦧🦧🦧🦧🦧🦧 @franklinisbored

  I sold an ape today for 9 ETH (fat finger 😭), and bought back in for 69.9 ETH. So that’s a 60.9 ETH loss that I would like to make up. I’ll try to post my big trades/flips/wins in a thread starting here: 🧵

  

  

• Andreesen Horowitz Crypto publishes guidance for founders seeking to partner with an NFT community:

  a16z crypto @a16zcrypto

  A few questions to ask (and answer) when thinking about partnering with an NFT community.

  

Quick Stats:

• OpenSea USD Daily Volume: $9.06M (▲ 16.95%)

• OpenSea ETH Daily Volume: 6,532 ETH (▲ 16.29%)

• BTC: $20,598.46 (▲ 5.58%)

• ETH: $1,535.04 (▲ 11.12%)

• Solana: $31.20 (▲ 7.88%)

NFT Daily Winners:

• DigiDaigaku: 11.60 ETH (▲ 6.42%)

• CryptoPunks: 66.69 ETH (▲ 2.60%)

• Chromie Squiggles: 12.80 ETH (► 0.00%)

NFT Daily Losers:

• Clone X: 8.05 ETH (▼ 1.83%)

• Doodles: 6.94 ETH (▼ 2.80%)

• Moonbirds: 8.49 ETH (▼ 2.97%)

• Bored Ape Yacht Club: 69.41 ETH (▼ 3.33%)

• Azuki: 11.10 ETH (▼ 3.39%)

• Mutant Ape Yacht Club: 12.39 ETH (▼ 4.62%)

• VeeFriends: 5.99 ETH (▼ 7.86%)

• Proof Collective: 37.00 ETH (▼ 8.64%)

Notes:

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