NFTIntern ⚛️🔺🌑

I like to talk about NFTs. Cosmos, Avax and before it collapsed Terra. Latest obssesion: airdrops

[NFTIntern ⚛️🔺🌑 @intern_nft]

Wait, let me bring out my Luna NFTs to celebrate 🫥

[DEGEN NEWS @DegenerateNews]

NEW: PRIMARILY $STRC-BACKED SYNTHETIC STABLECOIN $apxUSD DEPEGS AS MUCH AS 36% - NOW TRADING JUST BELOW $0.8

@apyx_fi website says "Apyx is the first dividend-backed dollar protocol that transforms preferred equity issued by Digital Asset Treasuries (DAT) into programmable, double-digit yield digital dollars. By bundling diversified preferred shares and leveraging protocol functionality, Apyx offers sustainable double-digit yield with unprecedented transparency"

According to its docs: "At the current stage, apxUSD primarily uses STRC as its core collateral asset. STRC is Strategy’s variable rate, non-convertible perpetual preferred equity, structured around a $100 stated amount per share, with dividends determined and paid on a monthly basis"

@Strategy's $STRC is currently trading at $78, after hitting $73.62 session low

[NFTIntern ⚛️🔺🌑 @intern_nft]

If no one can trade any more does that make the real floor $0 🫥

[nxxn @sol_nxxn]

The most tragic story from NFT bull run...

3 years ago, 500 BTC DeGods minted for 0.44 BTC each

That raise would be worth ~$15M today
Biggest sale: ~$220k
Current floor: ~$650

Magic Eden shut down its BTC marketplace, and people don't know how to buy or sell anymore

[NFTIntern ⚛️🔺🌑 @intern_nft]

Still better than fate firing 99.9% of my NFTs🫥

[Watcher.Guru @WatcherGuru]

JUST IN: Ethereum Foundation fires 20% of its staff.

[NFTIntern ⚛️🔺🌑 @intern_nft]

NFT projects drop a coin, then TCG, what next?🫥

[Quan @quan_eth]

pudgy penguins tcg booster packs reselling for $15+ on ebay

best opportunities in crypto are at your local target

[NFTIntern ⚛️🔺🌑 @intern_nft]

I agree, where do I go to short pokemon cards now

[Beiu @0xbeiu]

How are these any different than NFTs?

Is it just me that I don't get it why people do collect it and want it?

I mean, I understand some hold culture value like Pokemon cards or so...but why would I spend hundreds of $ on them?

NFTs were the same in '21, some that managed to gather communities and traction around, got some good volumes and prices went up

But eventually everything calmed down and prices reverted

So the only use case of these cards is...speculation?

[NFTIntern ⚛️🔺🌑 @intern_nft]

Only 1% more for the 99% down until max pain achieved 🫥

[MANI @0xmani]

If you bought these NFTs during the last NFT bull run (2021 -2022), this is the return you'd be sitting on today:

Collection | ATH Floor | Current Floor | % ROI

CryptoPunks | $477,924 | $57,100 | -88%
BAYC | $420,430 | $15,900 | -96%
MAYC | $116,666 | $2,350 | -98%
Azuki | $109,464 | $1,464 | -99%
Pudgy Penguins | $145,728 | $7,630 | -95%
Otherside | $14,150 | $153 | -99%
CLONE X | $68,630 | $473 | -99%
Moonbirds | $114,900 | $1,192 | -99%
Doodles | $68,507 | $768 | -99%

Every single one of these blue chip collections is down between 88% and 99% from their all-time high floor prices.

[NFTIntern ⚛️🔺🌑 @intern_nft]

where do i get season 1 cards

[Pudgy Penguins @pudgypenguins]

A new chapter for Pudgy Penguins and Web3 begins today.

The Pudgy Vibes TCG Season 3 collection is now available in all Targets nationwide.

Pudgy Penguins has officially entered the TCG market at scale. More information below.

[NFTIntern ⚛️🔺🌑 @intern_nft]

Where are my Ink NFTs at chaps

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

There's a confirmed airdrop landing between July and September.

The money's already starting to flow in, but there's still time to farm.

It's Kraken's Ink. Over $397M bridged in over the last 30 days. I went through the whole ecosystem and here's some opportunities I see:

Kraken

Start with @krakenpro. It's the most direct play since you earn Ink points for trading volume, deposits, and staking.

Ink is Kraken's own L2, so my bet is Kraken users get the heaviest weighting when the criteria drop. That's why it's first on my list.

Tydro

@tydrohq is the lazy farm. It's the largest native lending protocol on Ink, and the mechanic's dead simple: more lending and borrowing means more points.

If you want to keep it passive, this is the one to park activity in.

Nado

@nadoHQ is the one that's actually got me interested. It's been generating the most daily revenue on Ink recently, which is probably what's driving the inflow surge in the first place.

But here's what makes it different. On Nado you earn Nado points, not INK points, and the team confirmed those convert to $INK at TGE.

So there's a real chance you're farming two potential airdrops off one position, Ink and Nado.

Season 2 is running now with points going out weekly, and they launched a $100k trading comp yesterday.

xStocks

One more protocol I'd layer in: @xStocksFi doesn't have a direct INK farming mechanism, but it integrates with Nado, so you can use tokenized equities as collateral on Nado and stack xStocks points on top of everything else.

2 birds one stone without much effort.

Timing

@buyerofponzi advises both Ink and Nado, and he confirmed the July to September window in an interview with @nothreadguy.

The best airdrops close before most people hear about them, and this is shaping up to be one of those.

Get positioned now.

[NFTIntern ⚛️🔺🌑 @intern_nft]

What does the Fluffle tease mean 🫥

[MegaETH @megaeth]

Terminal rewards are live. $1M in total rewards available, payable in USDm.

We've sent the first set of USDm rewards to the delegated address of all eligible accounts.

MOSS goes live on June 17th. You can double your rewards by linking a MOSS account.

https://t.co/Vkteq7IJrg

[NFTIntern ⚛️🔺🌑 @intern_nft]

Makes me feel less sad about fading the 1 #ETH Fluffle mint 🫥

[Param @Param_eth]

How MegaETH disappointed its biggest supporters:

- MegaETH launched its Terminal rewards program to reward ecosystem activity

- The rewards pool was just $1M

- Thousands of users spent weeks farming points

- Many paid high gas fees and bridged assets across apps

- Some users spent thousands of dollars trying to get rewards

- Many received only a few dollars in return

- Some users get earning as little as $2–$5

- the rewards didn't even cover their gas costs of many users

- The rewards program ended weeks earlier than originally planned

- Users expected farming until June 23

- The program ended after only about 3 weeks

- The point system wasn't fully transparent

- Nobody knows how rewards were calculated

- Rewards were paid in USDm instead of $MEGA

[NFTIntern ⚛️🔺🌑 @intern_nft]

Goodbye Cosmos NFTs 🥲

[Stargaze ✨🔭 @StargazeZone]

In March, your NFTs and the Stargaze app moved home to Cosmos Hub.

Today, the original Stargaze chain produces its final block: 34,110,123.

5 years with 100% uptime, millions of NFTs, and one unforgettable community.

Thank you everyone, validators, artists, collectors and traders. You shaped Stargaze to what it is today, and we will keep moving it forward.

The chain rests, but Stargaze lives on at https://t.co/K56vRrCrAo

[NFTIntern ⚛️🔺🌑 @intern_nft]

Which marketplace are we at with these

[Coin Bureau @coinbureau]

🚨$15.8 BILLION POKÉMON CARD BOOM GOES ONCHAIN

Crypto platforms are turning real Pokémon cards into digital tokens, with “gacha” machines letting users chase rare pulls online.

The trading-card market is expected to reach $23.5 BILLION by 2030.

[NFTIntern ⚛️🔺🌑 @intern_nft]

Imagine what kind of NFT project it could create with 4M tokens 🤔

[TaraBull @TaraBull]

Claude Fable 5 reportedly rebuilt a GTA VI-style game in 10 hours with 4M tokens.

Rockstar games has taken over 8 years and approx. $1 BILLION

No studio. No payroll. Just a prompt.

[NFTIntern ⚛️🔺🌑 @intern_nft]

Another one bites the dust, RIP 🫥

[NFTfi.com @NFTfi]

https://t.co/54lMTlq6RY

[NFTIntern ⚛️🔺🌑 @intern_nft]

So does this mean my #AVAX NFTs aren't dead

[arielle @__arielle__]

Everyone spends a lot of time debating whether blockchain has a real use case.

Meanwhile, FIFA World Cup ticket transactions are settling on Avalanche.

Over the last few days alone, FIFA ticket activity has generated more than 60,000 transactions on Avalanche. Transaction volume increased as much as 24x above normal levels. Active addresses grew roughly 10x.

The tournament has not even started yet.

What is most interesting about this is not the transaction count.

It’s the user.

Nobody is buying a World Cup ticket because they want to use a blockchain.

They are buying a ticket because they want to watch their team play.

The technology is simply helping make that happen.

That is how every successful technology platform eventually evolves.

Nobody books an Uber because they care about the infrastructure running underneath it.

Nobody streams Netflix because they care about content delivery networks.

Nobody sends an email because they are excited about internet protocols.

Nobody cares what powers the experience.

They care that the experience works.

For years, much of the blockchain industry has focused on convincing people to care about blockchains.

I think that is the wrong goal.

Businesses care about outcomes.

Customers care about experiences.

Nobody wakes up in the morning hoping to use a specific database, cloud provider, or blockchain.

They want a product that works.

They want speed, reliability, security, transparency, and global accessibility.

If blockchain can deliver those things better than existing systems, people will use products powered by it without ever thinking about the underlying technology.

That is what real adoption looks like.

The World Cup is one of the largest sporting events on earth. Millions of fans from around the world are interacting with a ticketing system powered by Avalanche. Most of them will never know or care what blockchain is running underneath.

And honestly, that is a good thing.

The future of this industry will not be determined by how many people talk about blockchains.

It will be determined by how many businesses quietly put it to work solving real problems for real customers.

Ticketing.

Payments.

Financial services.

Loyalty.

Gaming.

Identity.

The biggest winners will not necessarily be the chains that generate the most headlines.

They will be the ones powering experiences that people use every day without realizing it.

That is exactly why Avalanche has aligned around a simple idea:

Technology Built for Business.

Not technology built for speculation.

Not technology built for press releases.

Technology built to solve real problems for real organizations serving real customers at global scale.

When people ask what blockchain is good for, they often imagine some future use case that has not arrived yet.

The reality is that it is already happening.

Right now, thousands of FIFA World Cup ticket transactions are settling on Avalanche.

That feels a lot closer to the future than most people realize. 🔺⚽️

[NFTIntern ⚛️🔺🌑 @intern_nft]

where dem NFTs to mark this IPO mania

[NFTIntern ⚛️🔺🌑 @intern_nft]

What would happen if 1% of the SpaceX, Anthropic and OpenAI raises went into NFTs 🤔

[NFTIntern ⚛️🔺🌑 @intern_nft]

This better not be another marketplace wallet 🫥

[AspenShredder.eth @aspenshredder]

This wallet was created 12 days ago and continues to sweep floors 👀

[NFTIntern ⚛️🔺🌑 @intern_nft]

So how do we marry AI agents and NFTs 🤔

[NFTIntern ⚛️🔺🌑 @intern_nft]

I think this sea of red encapsulates crypto and NFT sentiment well

[fabiano.sol @FabianoSolana]

Never seen a week like this for ages

BTC: -17%
ETH: -22%
SOL: -24%
HYPE: -10%
ADA: -35%
SUI: -24%
ZEC: -30%
AVAX: -27%