You can view my 1 min video summary if you want to skip the reading:
NFT market highlights:
The NFT market is quiet on the weekend but the Instagram model is not! Irene DAO founded by Irene Zhang who is a crypto influencer on Instagram started selling her photo in OpenSea and made about $5M in 7 days!
Today’s sentimental news and comments:
Bullish News ?
Instagram’s model launched DAO Web3 social media and sold NFTs in OpenSea.
An Indonesian boy makes bank by selling his thousand selfies as NFTs on OpenSea.
Australian women’s football team secures a $25M deal with Crypto.com.
Bearish News ?
Bitcoin user loses a record $1.1M in scam Michael Saylor giveaway.
Future Trend ?
Web3 is real but it is in a very early stage with many design errors and imperfections. Be patient!
Branding is owning their NFT studio to promote themselves in Metaverse.
Scam Alert ⚠️
Scam: Fake ImpactX token
Reason scam: scam tokens that impersonate the real token
Scam types: impersonate, rug pull potential, fake token
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