NiftyNoon: Does the Yuga Labs Otherside's Second Trip Even Matter?

Despite hype leading up to the second trip, price action has been mild (March 27, 2023)

Nifty Thought

• Despite Yuga Labs successfully running their second trip test run with more than 7200 concurrent players at peak, price action for the project has remained relatively flat. Although this event validated the project’s ability to execute technically on some level, it did not demonstrate the team’s ability to create compelling and engaging gameplay. While that was likely not the intent of this 2nd trip, gameplay should always be top of mind for any gaming experience as that is ultimately what will drive interest. With this being said, it is unlikely future trips for Otherdeeds drive any buy-side pressure into the project until Yuga Labs is able to crack this.

• While the basic collect-a-thon mini-game during the 2nd trip was not particularly engaging, it did reward the winning with helmet NFTs that will be airdropped into their wallets this week. This helmet could end up being the most rare and coveted wearable in the Otherside metaverse. Therefore, it will be interesting to watch the price action of this collection.

Project News

• Otherside by Yuga Labs completes second trip trial run with more than 7200 concurrent players at peak:

  Othersidemeta @OthersideMeta

  Congratulations to Team Glacia for securing the most blobs for their toads in 2nd Trip! Players on Team Glacia will have the Winged helmet airdropped to their wallet within a week. We'll tweet the collection link from this account once the airdrop is complete.

  Othersidemeta @OthersideMeta

  Thanks to every one of the 7,200+ concurrent Voyagers who joined us for 2nd Trip, anyone who watched along on our official live stream, and @jfwong, @brycent_, @champmedici, and @lowbellie for leading their teams through the Trip. We hope you enjoyed your time in Otherside.

  

• Y00ts announce Polygon migration will begin March 27th:

  y00ts @y00tsNFT

  On March 27th, the migration to @0xPolygon will begin. You will be able to migrate directly from our official website. You will probably want to migrate within the first 24 hours. There are benefits to being early. 1/

  

• Amazon NFT marketplace rumored to be coming soon:

  AdrianoFeria.eth 🦇🔊 @AdrianoFeria

  Amazon's NFT marketplace is coming soon... it's probably nothing.

  

  coindesk.comAmazon’s NFT Plans Teased in a Receipt Mailed Friday AfternoonIn an email to CoinDesk’s Nikhilesh De, Amazon appeared to confirm that digital tokens, an NFT gallery and resale opportunities are coming to the site.

• Killer Acid provides AL community sign up and raffle info:

  KILLER ACID 🎷🐛 @killeracid

  AL community sign up / raffle info (will provide link when the window opens).

  

• PROOF partners with TransientLabs to announce Outliers, a new incubator program for digital creators and artists:

  PROOF (🥃,🦉) @proof_xyz

  Together with @TransientLabs, we are thrilled to announce Outliers, a new program for digital creators who are pushing technical barriers and innovating through their artwork. /🧵

• Pudgy Penguins’ Rogs enter a new era, serving as a multiplier in the Pudgy ecosystem for select on-chain drops, licensing deals or future claims:

  Pudgy Penguins @pudgypenguins

  Today, the Rogs enter a new era. While the Rogs’ legacy as the greatest meme in Web3 lives on, another layer has been added… The Rogs will serve as a multiplier in the Pudgy ecosystem for select on-chain drops, licensing deals, or claims we may launch in the future.

• Doodles announces Genesis Box opens March 31st:

  doodles @doodles

  Genesis Box opens March 31!

  

• Sotheby’s pausing Natively Digital: Glitch-ism to redress the imbalance in representation within the sale and will relaunch at a later date:

  Sotheby's Metaverse @Sothebysverse

  Sotheby’s is pausing Natively Digital: Glitch-ism to redress the imbalance in representation within the sale, and will relaunch with a more equitable and diverse group of artists at a later date. 🧵

Community News

• Machi exits his CryptoPunks position, having now realized around 4600 ETH in losses since Airdrop Season 2 began:

  NFTstatistics.eth @punk9059

  Machi got out of his punks position and has now realized ~4600 ETH in losses since Airdrop Season 2 began.

  

• A Kid Called Beast founders secretly mint hundreds of NFTs from their own project:

  HashBastards NFTs 🤑 @HashBastardsNFT

  🤥THE FOUNDERS OF A KID CALLED BEAST Rafsby and CryptoKrad. They would have you believe the AKCB mint was 100% organic. That the team does not hold any. But that's not true. How did Rafsby secretly mint hundreds from his own project? Let's explore 👇

  

Quick Stats:

• OpenSea ETH Daily Volume: 4,062 ETH (▼ 14.90%)

• Blur ETH Daily Volume: 19,597 ETH (▲ 0.79%)

• BTC: $27,828.51 (▲ 1.05%)

• ETH: $1,753.45 (▼ 0.04%)

• Solana: $20.44 (▼ 1.54%)

• Polygon: $1.08 (▼ 0.74%)

NFT Daily Winners:

• 🚬 CryptoPunks: 61.99 ETH (▲ 8.77%)

• 🦧 Bored Ape Yacht Club: 61.50 ETH (▲ 4.33%)

• 🧝🏼‍♀️ DigiDaigaku: 4.84 ETH (▲ 2.33%)

• 🌈 Doodles: 3.22 ETH (▲ 2.26%)

• $⛩️ Azuki: 13.49 ETH (▲ 1.97%)

• 🧟 Mutant Ape Yacht Club: 12.21 ETH (▲ 1.16%)

• 🧬 Clone X: 3.24 ETH (▲ 0.9%)

• 🐧 Pudgy Penguins: 4.34 ETH (▲ 0.02%)

• 🐈‍⬛ VeeFriends: 2.77 ETH (► 0.00%)

NFT Daily Losers:

• ⛰️ Otherdeed: 1.352 (▼ 2.59%)

• 🦉 Moonbirds: 3.12 ETH (▼ 3.28%)

• 🏳️‍🌈 Chromie Squiggles: 9.64 ETH (▼ 3.55%)

• 🥃 Proof Collective: 9.35 ETH (▼ 4.49%)

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