Daily Deep Dive #81: The Plague Moves Hops to Another Pond
The Plague Migrates Contracts - 2nd Trip Dates Revealed - BAYC at the Louvre
Dipping Into The Deep Dive
Good morning, everyone! Happy Hump Day, and before we get into the article, I want to say a few things. I apologize for the timing of this article. I know today’s article is a tad late. Had some personal events take place today that hit me hard. Found out my shoulder might be torn again, but I say this not to bring you pity, but to remind you to keep pushing. Sometimes when your darkest day hits, the best thing to do is keep that foot forward, one after another. You got this. We all got this. With that being said, let’s dive right in. The show must go on!
https://twitter.com/JosshFos1
Daily Deep Dive
By: JoshuaLovesEth
Diving Into Crypto Prices
Crypto Market Cap: $1.19 Trillion with 0.47% increase in the past 24hrs
ETH $1,809.13 (ATH this week: $1,846.77 ATL: $1,613.70) +3.29%
BTC $28,757.40 (ATH this week: $28,578.63 ATL: $23,912.00) +2.94%
APE $4.08 (ATH this week: $4.86 ATL: $3.93) +0.90%
SOL $22.74 (ATH this week: $23.99 ATL: $18.76) -0.73%
Diving Into The Top NFT’s
Doodles 3.58 ETH FP, 1.79k ETH in daily volume
Pudgy Penguins 4.4 ETH FP,2.27k ETH in daily volume
CLONE X - X TAKASHI MURAKAMI 3.44 ETH FP, 827 ETH in daily volume
Otherdeed for Otherside 1.66 ETH FP, 1.09k ETH in daily volume
Sappy Seals 0.9 ETH FP, 403 ETH in daily volume
Diving Into The Highest NFT Volume of The Week
Mutant Ape Yacht Club 12.7 ETH FP, 19k ETH in weekly volume (+14%)
HV-MTL 2.07 ETH FP, 11.5k ETH in weekly volume (---)
Azuki 13.8 ETH FP, 10.6k ETH in weekly volume (-19%)
Doodles 3.58 ETH FP, 8.98k ETH in weekly volume (+87%)
Bored Ape Yacht Club 62.6 ETH FP, 8.57k ETH in weekly volume (-16%)
Diving Into The Highest NFT Volume
Azuki 13.8 ETH FP, 2.29k ETH in daily volume (-3%)
Pudgy Penguins 4.4 ETH FP, 2.24k ETH in daily volume (+98%)
Doodles 3.58 ETH FP, 1.79k ETH in daily volume (+470%)
Mutant Ape Yacht Club 12.7 ETH FP, 1.19k ETH in daily volume (-24%)
Otherdeed for Otherside 1.66 ETH FP, 1.08k ETH in daily volume (+29%)
Digging Deep Into The News of The Day
The Plage Will Be Migrating Contracts on Friday
With the final line of defense against 0 royalties being dropped founders were left accepting that they would receive little to none on their NFT transactions. Well, that is unless you are Pons, the founder of The Plague NFT. Pons decided that the best direction for the project was to migrate contracts completely and make the new contract have an enforced royalties system at a 10% rate.
Holders of the current frogs will have their metadata changed to this silly gif (down below in the tweet), and will receive a new NFT from the new contract. Thankfully the utility of the Plague will remain the same, and $frg will carry over smoothly. Is this going to be the new direction for NFT projects in the future? Will they find new ways to gain team capital like DeGods did with Oridnals? Only time will tell, but as a Frog holder, I am excited to see what this does to the future of the Plague.
Drama and Events in The Space
Universal Music Group Files for Trademarks
Othersides 2nd Trip Takes Place Saturday
Balmain Drops Sneakers With NFTs Inside
BAYCs are Now at the Louvre