The merge is upon us...

Welcome back to another dandy issue of NFToday!

Today I'll be co-hosting a space with the brilliant minds of @CoLabsLLC; stop by their Twitter and look out for a space link around 3:30 PM PST.

I can't wait to see you there!

Oh, and one last thing!

For those who didn't open yesterday's newsletter, today is the last day to join my Zimmy giveaway; check it out below if you haven't already!

Good luck!

Now, on to the news!

- Hunter Maier

⛓️ The merge is upon us!

📈 $30,000 support?

☁️ Salesforce to launch NFT cloud

The GODA Mint Pass - 6.7 ETH

Begin as Nothing - 1.29 ETH

We Are All Going to Die - 1.35 ETH

ShitBeast - .508 ETH

Note: Floor prices of these may or may not be different when reading this!

The merge may be coming sooner than we thought!

Yesterday, the consensus transition from proof of work to proof of stake was successfully implemented on the official Ethereum testnet, otherwise known as Ropsten.

A quick rundown and list of sources that could get you caught up if needed:

In an attempt to conserve energy consumption, expedite transaction speed, and provide an economic incentive for block validation, Ethereum will soon transition to a proof of stake consensus model.

Despite its lofty benefits, its transition comes at the risk of being less secure. Not to mention, proof of stake has never officially been tested at scale.

• Ethereum's Official Explanation

• The Merge

• Proof of Stake vs. Proof of Work

The success of the testnet's "merge" marks a monumental moment for the Ethereum ecosystem and economy.

Why is this important?

• This is how we'll conduct business

• This is how we'll transact real estate

• This is how we'll simplify the supply chain

This is the future of Ethereum, and Ethereum is the future of web3.

Congrats to the Vitalik and the Ethereum team!

As expected, Bitcoin couldn't surpass its $31,400 resistance level, but what's more surprising was its hold of $30,000.

Price action seems to be holding the $30,000 level quite nicely.

In conjunction with the clearly respective quad bounce, this psychological level looks promising.

While it could very well amount to nothing, it's a nice change considering we've been respecting $28,400 and $29,400 for some time.

Stay patient out there, folks!

One of the business world's most notable CRMs, Salesforce, has announced NFT cloud, a new platform geared towards minting and selling NFTs.

With the announcement of their new platform, Salesforce made it very clear that they don't support using energy-intensive blockchains utilizing proof of work.

If that's the case, this begs the question, what blockchain(s) do they intend to support?

Well, it's unlikely Ethereum will be integrated at the platform's launch due to the uncertainty currently associated with its current proof of stake transition.

Some potential blockchains could include:

• Solana

• Tezos

• Polkadot (via parachain)

Despite Salesforce's official announcement, we're still unclear on a lot!

We'll keep you updated!

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• 👍 IT WAS INCREDIBLE!!!

• 😐 It was alright!

• 👎 Could've been better.