This is the No Fun NFT news round up brought to you by the No Fun Toads.
Yesterday my mom asked me what I wanted to do with my life
Today, here I am reading the news about a parallel financial economy as a toad on the internet
I’m Caster The Toad and this is the NFT News Round Up, brought to you by Cryptoads
Opens recorded 3.4 Billion dollars in transactions on Ethereum in August
That’s 10 times higher than it did in July
Imagine how much more it could have been if “BrokenSea” worked more than 75% of the time
I’m only kidding! And please verify Cryptoad’s project once it comes out. Moving on…
Let me make sure I’m understanding this correctly
Yes! It does appear that NFT collectors now need to know how to read after the launch of Loot, a new NFT that is tied only to a string of randomized words
These words theoretically represent in-game adventure gear for games that don’t exist yet
Think this is dumb as rocks? Well, then you might just be right that this IS the next big thing.
This NFT idea created by the founder of Vine flips the creation relationship between NFT and games
Which is kinda cool… once it clicks.
Anyway, the Loot collection saw nearly $200M in sales volume it’s first week
And people are building all sorts of marketplaces, artwork and games around these 8 word lists of adventure gear.
Now that’s enough adventure for today, but be sure to smash that follow button
As we’ll be coming at you frequently as we lead up to the launch of the cryptoad crew
Jerry! Nice! Episode 1 is in the can!!