Elon Musk's secret NFT wallet?

Hey Frens, I have some really great news!

Please welcome Saif, otherwise known as @ebk.eth, as a writer!

As a passionate NFToday reader, Saif messaged me on Twitter and asked if there was any way he could help the newsletter.

As busy as I am, I happily welcomed the help!!!

NFToday is expanding, and I couldn't be more stoked!

Don't be afraid to shoot Saif a message on Twitter; he's super outgoing and knowledgeable on everything web3! Plus... he's got a Koda ;)

Thank you, Saif; glad you're here!

- Hunter Maier

🐙 Kraken announces NFT marketplace!

📈 Woohoo a green day!

🎨 Elon Musk's secret NFT wallet?

👟 Day 3...

• Otherdeeds - Floor Price: 3.6 ETH

• Okay Bears - Floor Price: 118.4 SOL

• Murakami.Flowers Seed - Floor Price: 6 ETH

• Moonbirds - Floor Price: 28.99 ETH

Two days ago, popular cryptocurrency exchange, Kraken, announced the integration of an NFT marketplace and a waitlist.

Kraken's new marketplace intends to solve one of the most prevalent issues facing current NFT marketplaces like OpenSea, and Magic Eden - a lack of cross-chain support and payment methods.

Despite Kraken's unique selling point (USP), they're not the first cross-chain marketplace.

For example, TofuNFT, a cross-chain marketplace, was quickly popularized as NFT connoisseurs experimented with cross-chain transactions. Which meant you could buy an NFT on Polygon, then "traverse" it to Ethereum, and sell it!

Other features Kraken intends to capitalize on include:

• Friendly and intuitive UI

• Rarity/trait tools

• Cheaper gas fees

Exchanges expanding into the marketplace industry isn't new; take Coinbase NFT, for example. After months of excitement preceding their Beta release, the marketplace saw less than 900 transactions in its opening week. 

Hopefully, Kraken can learn from its predecessor!

Interested in the whitelist? Join here!

Both crypto and the stock market had some excellent bullish momentum yesterday.

The move was due to the Fed's massive 50 basis point rate hike. The last time we saw a rate hike this significant was in 2000, near the height of the dot com bubble.

For those unaware, a rate hike essentially increases the borrowing cost enacted by the federal reserve to counteract inflation.

Typically, this results in bearish sediment as corporations have less wiggle room when borrowing. Yet, considering where inflation currently stands, it's excellent news.

Hopefully, we continue to see more upside!

Elon may be involved in NFTs a little more than we may be aware of...

Yesterday, Musk briefly changed his Twitter's PFP to a collage of BAYC NFTs that were once associated with last year's 101 BAYC NFT auction hosted by Sotheby's. To further add, the winner of that auction choose to hide behind an anonymous wallet. 

Could this be Musk's secret NFT wallet? 

Once unveiled, many on Twitter discovered that the same wallet that won the auction contained a number of blue-chip NFTs like Doodles, Azuki, Moonbirds, and more. Many of which were transferred from popular crypto payment application MoonPay's NFT vault. This is interesting as Musk was recently seen with MoonPay's team. 

Whether or not Musk has been hiding his NFT collection from the public, his brief PFP conversion was interesting to say the least!

Day three was unique and a little confusing.

It was my first walk with my newly upgraded sneaker; upon upgrading, I added three stat points to resilience (prevent repair cost) and one stat point to efficiency.

While it was cheaper to repair my sneaker, I earned about .15 GST less than yesterday.

I would assume I'd make slightly more, yet I guess RNG plays a factor!

Nevertheless, I spent 1.85 GST to repair my sneaker and 7 GST to upgrade it to level 7.

Here are today's daily stats:

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Nothing mentioned in this newsletter is financial advice, we are NOT financial advisors. NFToday was created with the intent to entertain those who choose to read and be a part of the community!