👔 H&M launch "Loooptopia' On Roblox

Insert H&M Looptopia, a new metaverse experience that users can access inside the popular game, Roblox.

Author

Ordinal Hive
January 06, 2023

Good morning: First Newsletter of the Year, LFG!

  • NFT Market - Valhalla is the top trending project this week. It has over 407 ETH in volume traded over the past 24 hours. Frienship Bracelets and BEANZ Official come in at second and third.

  • Trending Collections

Today's edition:

  • 🛍️ Shopify Merchants Can Now Sell NFTs

  • 👔 H&M launch "Loooptopia' On Roblox

  • 🏎️ Tax-Harvesting Platfrom Building 'World's Largest Collection of Worthless NFTs'

  • 🤑 Here is how much $1,000 in Trump NFTs are worth today

  • 💰 CryptoPunk #2066 sells for $1.3 Mil

  • 🟢 Bitcoin and Ethereum Start 2023 in the Green (Decrypt)

  • 👀 NFTs Volume On Vechain's VeSea Surpasses 100M (Watcher)

  • 🧑‍⚖️ Why Mythical Games is taking Ex Employess to Court (NFTEvening)

  • 🎤 Steve Aoki Is Selling All of His NFTs (NFTEvening)

  • ⚽ Here's How Football Legend Pele Was Involved in Crypto (Watcher.Guru)

  • 🏪 X2Y2 NFT Marketplace: What It Is And How To Use It (NFTEvening)

  • 🖼️ CryptoArt Sundays: Interview with Zahra Parkah (NFTPlazas)

  • 🚨 Web3 Builders Lose Dozens of High-Value NFTs in Attacks (CoinDesk)

  • 💼 Hermes To Go in Trial Against MetaBirkin NFTs (Yahoo)

  • 📉 China Launches NFT Marketplace (TheStreet)

  • ▶️ Logan Paul Says Devs Were 'Con Men' (Kotaku)

  • 🦧 Developer of 'Mutant Ape Planet' NFT Arrested, Charged With Fraud (Coindesk)

Shopify Merchants Can Now Sell Avalanche NFTs

If you are one of millions of merchants who use Shopify but didn't have the means necessary to sell NFTs, well now you do. Shopify has integrated into the blockchain which allows merchants to sell Avalanche NFTs through their existing storefront.

Here are the quick facts:

  • Venly, a blockchain startup, announced expansion of Avalanche support through Shopify NFT minting app.

  • Buyers won't need to have an existing Avalanche wallet to purchase NFTs.

  • Buyers pay with the NFTs in cash and they receive a link to a newly-created Avalanche wallet with their freshly minted NFT.

  • This is a positive sign for Web3 since another major company is integrating Web3 into their platform.

H&M Launch Loooptopia, a Metaverse Event on Roblox

Insert H&M Looptopia, a new metaverse experience that users can access inside the popular game, Roblox. The best part is you can skate your way around Loooptopia City to collect and design your very own wardrobe.

Here are the quick facts:

  • H&M is the latest big retail company to join the metaverse fun.

  • With H&M Loooptopia, users can skate around the City to collect items for their wardrobe.

  • Some of the cities that you will be able to explore include Neon Studiooo, Fabric Fooorest and Rainbooow Fields.

  • As part of the game, you can make friends then swap clothes and take selfies, how fun!

  • You can also recycle your old clothes for new ones and other rewards.

To play this game, players must install Roblox onto their computer or device. Then just search for "H&M Loooptopia" within the game and bam, you are in!

Tax-Harvesting Platfrom Building 'World's Largest Collection of Worthless NFTs'

Despite crypto winter, many NFT enthusiasts are selling thier NFTs to claim losses to offset their tax bill. Unsellable, a platform launched last month that aquires 'worthless' NFTs, does so for the cost of gas plus a few dollars.

Here are the quick facts:

  • Unsellable provides a quick way for NFT investors to capture thier losses.

  • One of the NFTs that Unsellable has right now is Army of the Dead #78.

  • Many of the NFTs that are sold on this platform are from 'derivative projects.' These are NFTs that are based on other popular NFT projects.

  • The platform also allows for individuals to sell their NFTs in bulks.

  • This platform is usefull once NFT traders want to cut their losses.

Here is how much $1,000 in Trump NFTs are worth today

President Donald Trump made headlines when he announced his new NFT Collection.

But what if you opted to drop $1k on this collection right on launch time.

Don't worry we've done the math so that you don't have too. 😅

  1. At the time of release, each NFT was minted for $99.

  2. That would have bought you 10 NFTs.

  3. Right now the floor price for each NFT sits at 0.19 ETH.

  4. That means, your original investment of $1,000 would be worth $2,283.

  5. Not bad!

CryptoPunk #2066 Sells for $1.3 Mill on New Year's Eve

Just before the clock turned midnight, CryptoPunk #2066 decided to go out with a bang. On New Year's Eve, it sold for a whopping $1.3 Million. What a way to end the Year!

Here are the quick facts:

  • This NFT was sold to nobody_vault, an NFT enthusiast who owns 3 other CryptoPunks.

  • CryptoPunk #2066 has a rarity score of 292.29.

  • Some of its rare features include its Knitted Cap and Zombie skin.

Not a bad way to end the year! Hopefully this is a positive sign for 2023 and crypto space.

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