Less than 0.001% of all social media users are also part of a web3 community. Web3 social networks are going to look a lot different than web2 and the team behind DeGods and y00ts are leading the way. How @delabsxyz is building the web3 social graph 👇🧵

OpenSea has evolved. Beta complete. Full token universe unlocked. New rewards program live. Welcome to the new OpenSea — the best place to discover, own, and trade anything onchain.

Ape Fest 2023 taking place in Hong Kong is a strong signal. It shows where NFT culture is going. It shows which jurisdictions are open to web3. Some of the biggest NFT buyers are based in Asia. @yugalabs sees this and they’re going where the capital is.

Over the last 24hrs, over $100 million of long positions got liquidated on exchanges. A reminder to be cautious when using leverage. You’re not going to reap the rewards in a bull market if you blow up your portfolio in a bear market. Time in the market > Timing the market

What would you rather buy for 0.13 ETH @ether or @MekaVerse Both are pre-mint hyped projects that have fallen well below mint price.

Twitter airdrop season 💰 Nice to see Twitter opening up to creator revenue sharing. Strong move

Yuga Labs unveiled a "Made by Apes" verification feature for holders who are using their @BoredApeYC IP to build something. This is the future of decentralized brand building. Empower and amplify your holders who build.

The biggest mainstream brands to enter web3: Starbucks Odyssey Nike .swoosh Louis Vuitton VIA Adidas ALTS Lacoste UNDW3 Billions of people own and purchase from these brands everyday. Billions of people will someday be in web3 without knowing it.

Have you been in crypto this long to remember this?

Lacoste is the latest mainstream brand to launch a web3 loyalty program. Called “UNDW3”, @Lacoste is leveraging web3 tech to build deeper brand engagement with its customers through digital collectibles and exclusive merchandise.

Going through the @delabsxyz website, @frankdegods and team are doubling down on the friendship economy. People want to be apart of great communities. And it's hard to leave a community when your friends are already in it. DeGods & y00ts are building something truly special.

DeGods have hit their all-time highest USD value since migrating to Ethereum. Many of the buyers are Azuki holders rotating into @DeGodsNFT for the first time.

Web3 brands get diluted when they do too many NFT drops too quickly. We saw this during the NFT bull of 2022. These same projects are lagging in the bear. Azuki is one of the few bluechips that know how to manage supply. @Azuki averages only 1 NFT collection launch per year.

The 2 main characteristics of "Consumer Web3": ✅ Tool for brands to build customer loyalty and engagement. ✅ Not driven by financial speculation and financialization. Consumer web3 will look very different than the web3 most people on CT are use to.

Azuki announced a new NFT collection last night called "Elemental Beans". What we know so far: 20k total supply. 10k airdropped to all @Azuki holders. The remaining 10k will be available to mint. 4 different types: Fire, Water, Wood and Lightening. 🔥🌊🪵⚡️

If you have all the badges in the @delabsxyz Discord server, you have a total of $353,000 worth of assets. $197k on 10 @DeGodsNFT $25k on 7 @y00tsNFT $51k on 1 BTC DeGod $80k on 33.3k $DUST It's an elite club.

The web3 brands that are seeing the most traction are the ones with clearly defined community archetypes and working web2 business models. As web3 becomes more mainstream, we'll see this cohort of web3 native brands become household names.

Looks like @frankdegods gave @elonmusk the early alpha on DeGods & y00ts 🤫👀

The size of the U.S country club market is $27 Billion/yr Many clubs charge $100k+ in annual club dues. Most members are 55 years+ old. NFT projects like CryptoPunks, BAYC, DeGods are the web3 analogous to country clubs, but for younger digitally native generations.

"The Goose" Ringers #879 just sold for $5.4 million at @Sothebys. Digital art continues to show strength in the bear.

There are ~60k $MEME waitlist codes in circulation, selling OTC for ~0.05 ETH per code. Making the market cap for @memecoin ~$5mill. We don’t know how much $MEME each code will yield or mint distribution. But we’re starting to see an early appetite and market for $MEME form.