Rarible & Opensea - The Clash of the Marketplaces

🌟 Welcome to the Web3 Weekly! 🚀

Brace yourselves for your weekly injection of Web3WeeklyWonders – we're talking NFT wizardry and blockchain brilliance that'll tickle your virtual taste buds! Buckle up as we ride the rollercoaster of the latest trends, mind-blowing innovations, and tales that are shaping the decentralized universe.

Strap on your space helmets, because together, we're blasting off into the future!

NFT Marketplace Rarible Thrives on Creator Royalties Support

Rarible, a booming NFT marketplace, is soaring high with trading activity, and it's all thanks to their unwavering dedication to NFT creator royalties. While others like OpenSea face setbacks due to shifting royalty stances, Rarible is experiencing a remarkable surge.

📈 In contrast to OpenSea's royalty turbulence, Rarible's commitment is paying off big time. DappRadar's data is a testament, with Rarible's trading volume spiking by an impressive 585% in a single day, reaching over $45,000 on August 23rd.

🎨 Alex Salnikov, Rarible's co-founder, champions artist royalties. He's drawing a line in the sand, making it clear that Rarible won't dance with platforms like OpenSea, LooksRare, and X2Y2. Salnikov believes in the heart of the NFT movement, reshaping how creators are valued and rewarded.

💔 OpenSea's Roller Coaster Ride

OpenSea, on the other hand, faced ups and downs. Back in February, they dropped NFT creator royalties, influenced by Blur. But by August, OpenSea ditched the tool that enabled creators to bypass royalty-less platforms, citing lack of popularity.

📉 NFT Market Faces 2023 Slump

In 2023, the NFT market hit a speed bump. Once-buzzing collections like Doodles and Moonbirds are feeling the pinch. The NFT roller coaster is real, with March seeing a peak of $2 billion in trading volumes, only to plummet below $1 billion by May.

🛍️ But there's a pivot! The focus is shifting from high-ticket NFTs to affordable digital collectibles. July's average sale hit $47, while transaction numbers remained steady.

🎉 Amid the roller coaster, there's light. While some big players like Bored Ape Yacht Club and Azuki stumble, others like Gods Unchained and CryptoPunks are inching upwards, reminding us that the NFT journey is far from over.

Market Overview

In a jaw-dropping victory, Grayscale has emerged triumphant against the SEC in their Bitcoin ETF showdown. The crowd's gone wild, and rightly so! This momentous win set off a crypto explosion, propelling Bitcoin from $26K to a dazzling $27.4K in mere minutes, marking a 5% upswing. 🎉

🔥 Major Players Follow Suit, ALT Coins Get in on the Fun

As the giants take their cues, the majors are walking the same electrifying path, and ALT coins aren't ones to miss the party either. The crypto landscape is beaming with exhilaration as the market absorbs the positive vibes.

📈 News Makes Its Mark in a Bullish Uprising

It's a beautiful sight to witness the market's reaction to good news like this. In times of bearish lulls, news often falls on deaf ears. But when bullish candles dance in the limelight after a news splash, it's clear—the market is ravenous for action.

📊 Eyes on the Prize: $28K and Beyond

With the dust settling, our gaze now shifts to $28K and beyond. The market's hunger for action echoes, and the next major support of $30K is the name of the game.

💰 Strategize and Smooth the Ride

Remember, pullbacks are your buying windows. And here's a golden strategy: Dollar Cost Averaging. By embracing this method, you'll ride the market's waves with finesse, smoothing out the highs and lows. With a mid to long-term bullish outlook, it's a savvy move to secure BTC, ETH, and your cherished ALT Coins.

💎 The Flavor of the Month: On-Chain/Decentralized Exchange Trading

Now, the flavor everyone's savoring: on-chain and decentralized exchange trading. It's a riskier path, but it's where the magic happens—where multiples are being conjured right now.

⏳ Patience, Strategy, Focus

In this whirlwind of excitement, patience is your superpower. Stay steadfast, don't lose sight of your strategy. Keep your eyes on the horizon, and remember—each move counts.

🌞 Crypto Narratives to Embrace this Summer

As summer unfolds, here are the crypto narratives to embrace: the rise of DeFi, NFTs rewriting the art world, Web3 shaping the future, and the grand crypto adoption journey.

🎨 NFTs

The NFT market saw a slight bounce, but volume's still whispering low. Not to worry, though—here's the silver lining: we're edging closer to a market bottom. Sellers are running on fumes, new communities are blooming, and projects are pushing their boundaries beyond the usual JPEGs.

Crypto's bubbling, and the NFT-crypto combo is getting cozier. More crypto liquidity means more flowing into the NFT realm. If you're still with us, you're in it for the long game, standing tall among the believers shaping the future.

The spotlight's on Art, and it's stealing the show with unwavering flavor. But that's not all—brace yourself for a Web3 gaming thrill that's heating up the excitement. Stay tuned and ride the waves, because this journey's just getting started!

Web3 Showcast - Y.at Fantasy 

Buckle up, because the game just got a turbo boost! Say hello to Yat Fantasy, the fresh, exhilarating, and FREE-TO-PLAY fantasy collecting game that's making waves in the NFT world. 🚀

🎮 Game On, NFT Style

Yat Fantasy is your golden ticket to NFT-powered excitement. Imagine a world where fantasy meets NFTs—it's a match made in heaven! Dive into the action, and here's the cherry on top: you don't need to own actual NFTs to jump in.

🚀 The Playbook

Here's how the magic unfolds: assemble your dream team of NFTs, creating the ultimate lineup that makes your heart race. Submit it right on time, and the countdown begins. But that's not all—brace yourself for the epic showdown on the real-time leaderboard!

🏆 Epic Prizes Await

Hold onto your hats, because the grand finale comes with a bang. Jaw-dropping prizes are up for grabs, and all eyes are on the players who finish the game in profit. If your lineup's value crosses the 100 ETH mark, you're in the running for glory.

💰 Cash In on Your Wins

Did you hear the best part? If you rake in $10 or more, you're in for a prize bonanza. Redeem your winnings once the game ends, and you've got a cozy 5 days to fill out the prize redemption form. Hold onto your hat, because these rewards are about to make your day.

💸 Hit the Jackpot

Even if you fall slightly short of the $10 mark, no worries! Your earnings roll over to Game 28, giving you another shot at the cash-out dream. It's a win-win situation, and the excitement keeps rolling.

🚀 Get Set, Play, Win!

Yat Fantasy is the game that's changing the rules. Dive in, create your fantasy NFT lineup, and get ready to chase those incredible prizes. The future of gaming just got a whole lot more electrifying!

ThreadTreasures

🔥 Calling All NFT Enthusiasts: The NFT Bottom Has Arrived!

Hold on tight, because the moment we've been waiting for is here! The NFT bottom is locked in, and the excitement is real! But what if you're a bit tight on liquid funds? No worries, we've got you covered. 😉

💎 Unlock the Power of Solana NFTs Under 1 $SOL

Guess what? You don't need a mountain of cash to join the NFT party. 0xFrisk curated the ultimate list of TOP 12 favorite Solana NFT collections, and guess what? They're all under 1 $SOL. That's right—you can dive into the world of NFTs without breaking the bank.

I took the advice and spent 12 Sol to jump into some very promising projects...

💰 Citizens in The Capitol Strike Gold: 270 ETH in Less Than 2 Days!

Hold onto your hats, because The Capitol's citizens are on an unstoppable winning streak! In the blink of an eye, they've pocketed a jaw-dropping 270 ETH (that's over $445,000) and counting, all thanks to a genius signal to buy the new $PEPE.

🚀 Ready to experience the power of The Capitol? Click on my referral link below to sign up and be part of this incredible money-making journey! 💵💵

🔗 The Capitol

The Capitol is the ultimate destination for crypto enthusiasts and traders who want to stay ahead of the game and make those sweet gains!

Thank you for joining me on this thrilling journey through the world of Web3 and crypto innovations! I hope you enjoyed reading the newsletter and found it informative.

Your opinion matters! I'd love to hear your thoughts, suggestions, or any topics you'd like to explore in the future. Feel free to reach out to me through my social media accounts linked below.

Together, let's shape a brighter and more inclusive future with decentralized technology. Stay curious, stay informed, and stay connected!

Happy hodling and smooth sailings in the cryptoverse! 🚀✨

Eragoth.Crypto