Web3 Weekly Review: Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA' ...
NFT Weekly News #51 10th June- 16th June
NFT News Weekly Update #51
(10/06/2024-16/06/2024)
GM
Welcome to NFT Weekly News by Threekeyslab🗝️🗝️🗝️. Here you can find the latest curated news📰in the NFT world. Every week, we aim to provide a selection of the most interesting news and events that are fostering the development of the NFT world.
The NFT field is constantly evolving, and this article will review last week's Top🔝NFT news. Let's take a look👀together!
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Top News 🔝
📌US Politics|Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA' (June 12)
Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms. 1. Donald Trump wants to mine all the remaining BTC in the U.S. 2.The Republican presidential candidate sees BTC as the last line of defense against a central bank digital currency (CBDC).
📌Meme｜Ansem & Cobie’s debate on celeb memecoins（June 14）
Cobie’s points: Ansem interacts with Celeb and trying to get investor’s attention, individual investors put their money in and hope Ansem could mention this underlying celeb coin again. However, the celeb can leave with the injection from individuals and Ansem can also take profit from that. If a Celeb would like to get into crypto, they should use $ to buy like other people do.
📌Web3|The AO Foundation officially launched the token economics of the decentralized supercomputer AO(June 14)
AO is a 100% fair issuance token that follows the Bitcoin economic model.
AO tokens will be used to secure messaging within its network.
AR Token holders can receive AO airdrop based on their ownership.
Market Update 📣
Last week, the primary NFT PFP projects that saw significant sales included BAYC, Punk and Mad Lads. These collections are famous for their charming characters and distinctive designs, which make them very popular in NFT market.
Chromie Squiggle, Themes and Variations and Memories of Qilin stood out as the main NFT Art projects sold last week. Themes and Variations has experienced in the past week an increase in transaction frequency, reclaiming public attention through its distinct aesthetic senses and creative ingenuity.
Other News 👀
Game|$PRIME delays major unlocks after fall （June 11）
The Echelon Foundation is making adjustments at the request of the founders of Parallel Studios to the "Founder $PRIME" token emission unlock schedule. Parallel Studios Treasury unlock schedule will be pushed out by one year to June 2025, concluding on December 2027.
Game|Uniswap Labs acquires ‘Crypto: The Game’ (June 10)
Uniswap Labs announced the acquisition of the survival game "Crypto: The Game". CTG founders Dylan Abruscato, Tyler Cagle and Bryan Lee will join Uniswap. They are jointly developing the third season while exploring new interactive consumer crypto experiences.
Meme|After $Mother Coin trending, $Daddy comes to the attention of investors (June 12)
As 200Mil market cap has been reached, the founder Andrew Tate is going to burn the part he has on Rumble. His last burn was 37million dollars. In the future, he will refuse to burn less than 100 million dollars.
Andrew Tate burns 40% of the total supply of $DADDY (valued at $110,597,600) until June 14.
Meme| Vitalik points out 7 possible use cases of memecoins (June 13)
* zk reputation/identity/credentials
* p2p cross-border payments (much lower fees and quickly improving UX this cycle)
* decentralized social
* prediction markets (actually usable this cycle)
* privacy
* enterprise apps via zk validiums
* zk + censorship resistant voting
NFT|South Korea Introduces Guidelines for NFTs as Virtual Assets （June 11）
South Korea’s financial regulators have introduced new guidelines for NFTs in preparation for the upcoming Virtual Asset User Protection Act, effective July 19. This update marks a reclassification of NFTs, which were previously not considered virtual assets in South Korea.
Web3|Polygon Launches Community Grants Program for Web3 Projects （June 12）
The program, approved by a community vote, will release one billion $POL tokens over the next 10 years, distributing approximately 100M $POL tokens annually. In the first phase, 35M $MATIC tokens, valued at $27M, will be allocated to projects.
The Community Grants Program offers two tracks:
General Grant Track: Open to any project building on Polygon, focusing on developer tools, protocol infrastructure, and dApps.
Consumer Crypto Track: Targeted at projects that drive crypto adoption through consumer applications, including gaming, gamified commerce, NFT innovations, and content creation.
Weekly NFT Marketplace Trading Volume Across Major Blockchains 📣
Over the past week, the NFT marketplaces reduced to a total volume of $173.6 million (-17.1% weekly) in total, in which ETHEREUM leads the NFT marketplace with a 65% (+8% weekly) market share. Polygon jumped to Top 2 with a market share at 17%.
https://www.nftpulse.org/chain