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$450M for NFTs?
Medabots, Variants new fund, and Tiffany & Co. NFTs
GM frens
Hey, and welcome back to another issue of NFToday!
I'm so happy!
I got some much-needed rest over the weekend!
I was jumping around preparing for my fitness studio's 2nd-anniversary brunch workout event. I don't know about you, but I go straight into hibernation mode whenever I finish events.
I could literally sleep through the apocalypse if I wanted to.
Without further ado, let's hop into the news!
In today's newsletter:
MEDABOTS on the Rise
Tiffany & Co create an NFT collection
Variant raises huge funds
Is MEDABOTS Taking Over?
Introducing Medabots, the first ever Triple-A P2E (play-to-earn) game!
In a nutshell, the game's premise is to:
Build your own "Medabots"
Participate in worldwide tournaments (MedaBattles)
Collect Medamon (native ERC-20 token)
Similar to most turn-based combat mobile games, using a deck of cards, you formulate, strategize, and battle in your own playstyle.
Medabots held a live tournament over the weekend at Gamepolis 2022.
The team hosted a booth that enabled users to check out the game and play it on the big screen!
If you're interested in learning more, check Medabots out here!
Variant raises $450M for crypto-winter shopping
Crypto investment fund, Variant, recently announced a successful $450M funding round to be split into two ventures:
$150M set aside for Web3 project funding.
$300M set aside to "double-down" on any of their portfolio's successful investments
Following 2 previous funding rounds($22.5M and $110M), this third round will act as Variant's most prevalent investment vehicle.
To date, Variant has invested in many Web3 mainstays, including:
Uniswap
Magic Eden
Polygon
and others.
This definitely demonstrates the firm's relentless appetite for attractive crypto deals.
Good luck, Variant!
NFTiff is Up, Up, and Away
Tiffany & Co., one of the most prestigious luxury goods brands, is launching their NFT collection, NFTiff.
The collection will launch 250 limited edition NFTs, each priced at 30 ETH, or approximately $51,000, on August 5th.
Shockingly enough, the collection is exclusive to CryptoPunk holders.
If purchased, CryptoPunk holders will receive a custom Tiffany pendant version of their beloved 24x24 bit characters as seen by Deepak.eth's below:
We live in a wild world...
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DISCLAIMER
Nothing mentioned above is financial advice, this newsletter is created for nothing more than entertainment purposes!