Pretty benign start in all things in macro. There was some better rhetoric between McCarthy and Biden around the US defaulting, which seems to have had a positive outcome for stocks.

Crypto saw a slight dip on the majors and while writing we are seeing some active movement in prices. This is a time when we might see some volatility, the bears are calling for a dump based on technicals, but the debt deal will be a huge factor in how things play out with a hard stop this weekend on getting the deal done and the market is focused on this event. If the US defaults on its debt it would have a massive impact, however this is a very unlikely outcome.

Crypto is moving on the back of the deal news, while alts have seen a dip; $PEPE is also down and saw another dip this morning. We could still go lower from here across all coins and it seems probable so be prepared and protect your bags accordingly.

NFT floors are basically unchanged or down in the 1-2% range. Yesterday was the HVY-MTL reveal which wasn't initially received, as there was a dip in the price but they have retraced to 1 eth, although their actual use remains to be seen. June will be the last leg of the YUGA multi-week mint and the journey will reach its concluding stage.

@veecon joined us on stage to share in the excitement for the upcoming event. If you are planning on coming make sure to download the app to get proper access. This is the second Veecon event, and based on the original Veefriends mint that promised 3 years of access, this could be 1 of 3 to ever happen so don’t miss it!

@LucaNetz came to chat about mass market IP usage from the perspective of an NFT project. He is trailblazing into the physical toy market via the blockchain; Anyone will be able to buy a toy online with a birth certificate inside the box, a place for a signature, and a QR code next to it that will bring you into the digital universe.

The challenge is onboarding new customers into the world of the @pudgypenguins while offering the experience of being a part of the community. Luca's mission is to deliver a soul bound token that reaches new customers through an enjoyable experience in a painless way that they don't even realize is even happening.

"For me the NFT wins or I lose" - Luca

You have to leverage your audience to trigger algorithms. This applies to amazon as well, so expect to see many mentions of the shipping giant from the Pengus.

We were also joined by @megbatphoto who is our stubs artist #8! She has been shooting photos since high school, beginning on film. She ended up working with a modeling agency, but at the front desk before moving to LA and getting involved on IG as a female photographer. She heard tons of horror stories from women about their experiences with male photographers and became a safe haven for models to feel comfortable and shoot without being harassed.

She was introduced to NFTs 'early' and thought they sounded dumb, but was eventually funneled into the community via clubhouse, minted some work, sold it and has been involved heavily ever since.

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