$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!