AUG 02, 2021 • 3 Min Read
NFTs (and specifically CryptoPunks) enjoyed a fantastic run over the weekend. During the Asia open, BTC takes a breather while consolidating below $40,000 as ETH/BTC wakes up from its multi-week slumber.
If Ethereum becomes the settlement layer for value, it also becomes the settlement layer for culture
— DavidHoffman.eth Ξ??? (@TrustlessState) August 1, 2021
Flight to NFT quality
i see messages like “i have $50 to $500 to invest in NFTs, what should i buy?”
tbh, @NFTX_ or @fractional_art Punk, Autoglyph, Art Blocks funds or similar
i could tell you a random $10 NFT is going to $1M, but it probably won’t, i’m sorry. you can still buy for fun if you want
— DCinvΞstor (@iamDCinvestor) August 2, 2021
A guide to Parallel drops
1) Yesterday @ParallelNFT conducted a historic NFT drop. They didn’t set any records for the fastest time to sell out. They didn’t set all-time highs for a drop.
Rather, they conducted one of the fairest drops I’ve seen while avoiding bots (mostly) and gas wars.
— Jeremy Storm Parris (@Jeremystormsky) August 1, 2021