Morning Drop - Issue #15
Your weekly issue of what’s minting, popping and dropping - straight to your inbox, every Saturday morning.
🥩 NFTs leak into meat-world.
James Bond NFTs set to shake AND stir the market
The mobile-focused digital collections platform VeVe has announced a partnership with MGM Studios to bring James Bond NFTs to market in the lead up to the franchise’s next installment, No Time To Die.
Exact items/artwork that will be included in this collection have not yet been announced, but are expected to be derived from the upcoming film to offer fans, “an exclusive opportunity to own a piece of cinematic history.”
While we wait to see what tricks and surprises Bond has in store for us, we’ll have our eyes peeled on further NFT/film franchise projects. We’re sure there will be many, many more to come.
TikTok’s Time has Come
TikTik just announced it’s dropping in the NFT zone with a collection called TikTok Top Moments, which will feature 6 “culturally significant” videos from the platform’s favorite creators.
The artists in the drop include: Lil Nas X, Rudy Willingham, Bella Poarch, Curtis Roach, Brittany Broski, FNMeka, Jess Marciante, and our old pal Gary V, with some of these artists working in collaboration with one another.
The proceeds of the sale go directly to the artists involved, and the 1/1s will be released as weekly drops. For those eager to follow, the drops will take place here.
Pranksy goes for gold with Dolche & Gabanna
The worlds of fashion and NFTs collided in a big way when iconic fashion brand Dolce & Gabanna announced that the one and only Pranksy was the winning bidder of The Golden Impossible Jacket at a whopping 99.9 ETH.
The Jacket exists solely as a digital 3-D design, and is stunningly rendered in 4k as a golden, sparkling, and eye-popping piece of luxury wear that you just have to see for yourself
The piece was personally designed by the fashion brand’s namesakes, Damenico Dolce and Stefano Gabbana, and comes with perks that include 1-year access to fashion events in Italy and 2-week digital exhibitions that will be on display around the world in the brand’s brick-and-mortar stores.
Speaking of "new projects"...
Superlative Secret Society
It’s no secret that Superlative Secret Society has made waves in its first week after minting. Flaunting an aesthetic that is equal parts cubism and kaleidoscope, the distinctive artwork of the project has turned a lot of heads, especially after a same-day sell out and 5x floor rise a few days later. There seems to be a strong team behind this one, and they’ve got some tantalizing places in the works.
In the weeds
Come for the artwork, stay for the free trip to Bali. Part of the team’s Roadmap includes giveaways for free, all-inclusive trips to Bali and access to a physical Superlative Gallery and VIP lounge. Yes please!
Additional perks. Giveaways for 1/1 signed prints from the artist, a community-run art foundation with 100% of proceeds going back to holders, merch, commercial rights, and a global tour of pop-up galleries. That’s some good swag right there.
The project launch wasn’t without a hitch. Rare-traits were mistakenly unequally distributed to those who minted the earliest. The team is working on rectifying this with a future drop called The Repus, which promises to “level the playing field”
Bird’s eye view
We’ve been loving how collectibles projects are packing in more and more benefits for owners. Perks like Free drops, IRL events, publicity campaigns, metaverse plans, and drop merch are becoming increasingly prevalent. Big ol’ swag bags may even become necessary to keep up with the competitive environment that’s heating up.
This gets us thinking about collections as aspiring franchises, and it’s only a matter of time before collectibles begin to manifest in the mass-media market. Animated cartoons, video games backed by big-name developers, movies, children’s books…. We’ll be on the lookout for projects that storm the gates of mass culture.
Winter Bears
Winter is coming, and getting jump on the looming seasonal change is the delightfully adorable Winter Bears. Crated by a team of self-described “DeFi pioneers”, the project launched on Sept. 25 and has already reached a mind-boggling secondary volume of 3.2k ETH. The artwork has a definite Cool Cats-style feel to it, and the bears sport bold black lines and marshmellow-looking bodies that create a sharp, clean, and lovable vibe.
In the weeds
In its first week prices have 10xed mint cost among 4,000 unique holders, and you can’t ask for a better debut than that. The team is promising future drops and royalties for holders, and is busy creating “ArtClubDAO” which promises to “supports emerging artists while empowering and rewarding community members.”
The artwork of the project feels like it fits pretty snuggly into a “classical” vibe for the cartoon PFP world. Scanning through OpenSea yields visions of pirates, cowboys, beanies, eye-patches, fang teeth, and many other delightful, familiar traits.
The Founder of the project, Nushi.eth, sports a pretty impressive resume with stints at Yam Finance, PieDAO, and Decentralise.
Bird’s eye view
As we approach Halloween, we’ll be eager to see how many PFP users take a thematic approach to their avatars, as there’s no shortage of projects featuring monsters, zombies, mutants, and ghouls. Temporary adoption of these projects could bode well for Winter Bears.
There may also be a risk in projects that adhere to relatively conventional artwork as the NFT space starts to become flooded with collectable projects. We may look back at Winter Bears as an interesting case study in value, while knowing that a project is only as good as the team behind it.
Since it matters...
The Museums are Coming
The British Museum recently announced its partnership with French start-up LaConnection to release editions of NFTs from it’s collection of the legendary Japanese printmaker, Hokusai.
The artist’s most famous work, The Great Wave, will be released as an ultra-rare edition of 2. While other works from the collection will be made available in editions ranging from 1,000 to 10,000 pieces.
Following a long Covid-induced damping of attendance to art museums, which has put serious stress on budgets, institutions like British Museum, the Hermitage Museum, and the Whitworth Gallery are turning to NFTs as a means to bring their collection holdings to the metaverse. And this may just be the beginning of something big.
Art museums across the world are essentially sitting on massive collections of untapped value now that NFTs allow them to monetize their collections beyond the typical gift shop postcards and refrigerator magnets.
For art collectors in the NFT space, there awaits a bounty of exciting and historical works ready to be had. How many collectors by this time next year will be able to say they hold a Van Gogh, Picasso, or Warhol in their cold wallet?
On the other hand, independent artists may feel a squeeze when they suddenly find themselves competing for sales against an utterly massive tomb of masterpieces. This looming possibility has never bene seen before, and may trigger backlash against museums that inadvertently pit living artists in competition with the dead.
Feature: Boss Beauties
Fashion and accessories brand My Social Canvas does much more than hawk cool merch. The company has a mission to build a global community to help Gen Z women and girls to “design the life and career they love” through mentorship programs, financial literacy education, and scholarship funds. That’s why we were intrigued by the company’s recent NFT drop, Boss Beauties.
Floor: 0.19 ETH Highest sale: 4.99 ETH Value Traded: 1,803 ETH
Issues: 9,999 Unique Wallets: 3700 Average Owned: 2.7
Fundamentally
Boss Beauties flouts beautifully illustrated women’s avatars that exude strength, confidence, and independence, the values that form the advocacy mission of My Social Canvas. The most distinctive traits of these tokens are the clothing, which largely reflect a broad range of career paths ranging from judges to airline pilots, chefs, firefighters, and many more.
There’s far more to this story than awesome avatars and advocacy however. The team has been busy hosting a regular virtual series called Boss Beauties Summit, which brings in women leaders from industries of all types to discuss topics includingL NFT education to Metaverse fashion, Web 3 development, crypto law, and more.
On the Radar
The team is going to be selecting 6 Boss Beauties to be displayed in the Art Hall at the New York Stock Exchange, giving the space its first ever NFT presence.
Of course the project was quickly adopted by Artchick. And where there’s Artchick, alpha follows.
The holder benefits also sound awesome, and include invites to private “masterclass-”like chats with influential female leaders, a trait-based revolving book club with Discord channels for discussion, shared commercial rights, and chances to win 1-on-1 chats with female executives and other leaders from around the world.
Technically Speaking
Boss Beauties hit the ground running after its initial public mint at .08 ETH on 9/25, as average sales prices reached nearly .3 ETH, and touched .4 two days later. As of Thursday prices have been consolidating around .2 as OG minters make their flips and the initial launch hype cools down. Within the first week, the project has seen nearly 2k ETH in trading volume, and as unique holders grow in numbers we think there’s a good runway in place for the prices to pick up steam.
Also brewing...
An international chess tournament is now minting trophies as NFTs. Worth chasing.
Deets for APE FEST 2021 have been released, and they are gonna be insane. See y'all at the yacht party.
Two of this fine art projects we’re digging: check out Metaversal and BeyondHUM.
2545 is launching a collection to turn a sci-fi based community RPG into a novel. There was a POAP for trying to get on the whitelist, so naturally, we got on board.
We hear there’s a collection of commemorative gas war POAPs in the works by Twitter’s own @WannaBeeple. Keep your eyes peeled… they’re gonna be rare.
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We’ll feature the most interesting entries in our release next week, and send you something for the trouble. We heard it’s rare.
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