Welcome to the latest news and updates from GM Web3. In this episode, we discuss NFT sentiments, news, and a special guest, TheGlimmering. The crypto market has been experiencing major volatility in interest rates, with swings of up to 10% day to day. BTC touched 27k, a great sign, while ETH hit 1750. Alt coins are lagging and not performing, but they are following the two big coins. The team is unsure why crypto is rallying.

Things are not great on the NFT front, with Mutants and otherdeeds dropping. The team's fallen angels, including doodles, clones, moon birds, and cool cats, are not doing great, and this period is described as "the bleeding." However, the stage is hopeful about CloneX, and RTFKT Fud has been weak.

In this space, as a founder or creator, understanding community sentiment is crucial. There are both profit-focused and emotionally vested members in most of these communities. You vote with your wallet, and your conviction is represented by your 0x address.

The summoning from Yuga happened, with the new assets trading at 2.14 ETH. Farokh shared a stage with CryptoGarga in NFT PARIS, and was told the Dookey Dash game grew the Yuga ecosystem by 40%! There was a big power source sale for 45 ETH, but it's unknown what's inside.

Degods ordinals are kicking off, with the original frank asset sold for the equivalent of 50 ETH. There was some fud around the .44 BTC price, but the counterargument is the actual floor price of DeGodsNFT, which is around 6.5 ETH.Redbeardnft has decided to live forever and inscribed his soul onto the BTC blockchain. If you see him, you can now refer to him as inscription 492293. He is one with Satoshi!

The team was joined by The glimmering and J1mmy.eth, who is bringing the Bored Apes into their glimmering world. The on-chain game platform is launching on March 30th, with 43k custom artwork layers in the project with custom sound/animations. The mutant apes were seen as a perfect villain for the humans in "Ocelot," the world. Inspirations for the Glimmering lean heavily into Dungeons & Dragons. Ancestries, weapons, soundtracks, and detailed hairstyles are all included, and the team uses the 5e TTRPG rule set created by D&D.

0xPolygon was chosen for the Glimmering game, with all data stored on-chain, from dice rolls to hit points. The actual NFT will morph over time based on the data acquired from playing the game. Rug radio is bullish on Polygon and its carbon-neutral efforts.

This is another great example of IP being used in a positive way. Ape assets are brought into the game, which has been a goal for the entire space when it comes to gaming and IP. That's it for the latest news and updates from GM Web3.

GM!

Hosted on Acast. See acast.com/privacy for more information.

https://linktr.ee/rugradio