First Major News of NFT | New NFT Update & What is the TOP NFTs Projects to Buy for feature | BAYC Bored Ape NFTs, The Littles, Nano verse, Opensea

In this article we're going to be talking about some of the latest news when it comes to the NFT market as well as some upcoming huge updates for our favorite projects first thing we are going to be talking about is what's going on with the sentiment of the #NFT market and as we've seen before the volume for entities has significantly dropped since January and just like a couple days ago you know we saw this little pump after the ape coin dropped by Yooka labs and then everyone was like oh my god the bull market is back and then turns out that it was just a false pump and then I was going back down the nmts you know in general basically it's not as popular as it was before the bubble kind of bursted in a sense and we're seeing who the real builders are but that doesn't mean that there's not opportunities for you to you know buy certain projects and hold it for the long term because there's always money to make somewhere you just have to change your strategy depending on how the market goes and now if we look at what's going on the cryptocurrency markets we've seen that bitcoin and Ethereum have been increasing in price and usually when that happens a lot of the other alternative coins also increase and we've seen that going up quite a bit so things are a little bit more bullish on like the Ethereum altcoin side and typically you know how the cycle happens it doesn't mean it's gonna guarantee it's gonna happen again but then you know once bitcoin and Ethereum pumps to a certain price people take their profits and then they roll it into NFT so hopefully as Ethereum you know gets it's pretty much like 3000 right now people might want to take a profits right because just the other week or like a couple weeks ago it was literally like 2k 2.1 k 2.2 k so a lot of people are up like you know 20 30 so hopefully the interest comes back a lot of people are building in a space and we're gonna be talking about some upcoming projects that hopefully will kind of revive the narrative when it comes to non fungible tokens the first one we're going to be talking about is going to be Nano pass as you know we've been talking about this they have a project called project pxm which is another avatar project related in their universe as well as phase two of the Nano verse so Nano ray over here came out with some news on discord where people who are gonna be able to purchase pxn they have to be nano pass holders you know when you hold a Nano pass basically every once in a while to give you a mystery box and then hopefully in that mystery box you can get these shards so with these shards you have to collect enough of them so that you can mint project pxn so you know in this way it's like you can actually use the utility from Nano pass and then use it for another opensea nft and basically buy an MT and if you let's say don't want to get the NFT market and you just want to sell your shards to another person well they actually built an entire marketplace for that so this is just a screenshot I don't think it's live yet maybe it's coming out later today or by the time you see this there's going to be the owner's portal uh when it comes to the Nano verse hq you're going to be able to get the pxn whitelist so these are going to be things for sale and again like if you hold the Nano pass you know the genesis piece you actually have significant advantages there's only 5 500 units I believe so if you believe in the Nano verse ecosystem if you believe in rey and their team and their team of like 100 people at this point then I would actually recommend finding an entry price into the Nano pants because that's going to be the most valuable thing in their ecosystem and they publicly have stated this where the Nano pass will be the most valuable and they will continue to provide value to the past as much as possible and another really interesting thing that I kind of took notice of is when you go on the project pxn website which is phantom.sh you can find their twitter and then get the official one they have these concept called phantoms right and so and essentially there's going to be a hundred different phantoms and I’m not sure if they're making like one of one for each person phantoms are basically like 100 people that are kind of like the community advocates for project pxn and the Nano verse ecosystem right and there's supposedly only going to be 100 of them and I’m sure they might make like different tiers of different people and call them different things but essentially what they're doing is that they are kind of using like grassroots marketing in that you know because there are people that really believe in the Nano verse ecosystem why not reward them with some kind of status some kind of NFT give them some kind of benefit as I mean social status is a huge benefit actually in the NFT space and then make it official right and so those people will actively promote uh nanoverse nft opensea and project pxm to their followers and if they're like pretty popular then it's just like it's just gonna keep extending and if that phantom right can recruit more people and that person recruits another person it's kind of like a partnership where the person recruits more people and that person records more people and then it just like is this ever grinding ecosystem where instead of the company having to push out the message they have all these basically operatives and the agents that will actually help you do the work and in return they get rewarded in some way so if you see this guy let's say like phantom zero zero right vz he's online he's this guy so if you go on to his twitter page you see the same exact guy right and so he's gonna be phantom zero zero finale versus project p exam so he actually supports everything that none of us does and he's also the co-founder of NFT keys as well and I’m sure he's like really deeply affiliated with all his projects right I mean he's just the first one right and if obviously he's a co-founder of one of their projects and he's gonna be very active but then there's gonna be like supposedly like 100 of these guys and that's a really interesting concept where you formalize you know basically your active brand ambassadors and like it's like a cool way to do it right and another quick update on phantom network they have been dropping some of the teasers for their upcoming pfp project and this is supposedly a floor piece so i mean the art is pretty good it's kind of like that valorance league of legends kind of style like anime but like it looks like a painting in a sense right I’m not sure what you call it I mean I think it's smart how they use the background it's like something that's neon because we've seen like with Murray when things are too dark it's kind of like hard to see what it is and again moory did that because they purposely made a dark to create a certain aesthetic but again it's like if it's not easy to recognize and see then it's like people are going to forget it right it's very smart they did it in this way but we'll see how it turns out and just a random thing uh car food is doing a collaboration with project fix and I’m not sure if this is going to be an actual official one but it looks pretty good they're giving whitelist giveaways and they kind of use the crew thing and they put the little ball there so right after this video I’m going to go on airplane and go to Jakarta for the car crew carnival but um very interesting right and just a quick note like if you look at karafu for example and I have car proof so I’m a little biased you know what's really smart about what they're doing especially their marketing team whoever's in charge of it is that they're collaborating with everybody they create a custom piece with project pxn they're collaborating with hypeys obviously we talked about it before they're doing collaboration with dreadful they really like understand this game of collaborations and like cross-promoting audiences that just makes me bullish on car free in general because it's like they have a certain style that is easy to collaborate with other people and people are willing to do it especially in the NFT space so very bullish on that and when I’m at the carnival maybe I’ll take some pictures maybe I’ll do a vlog I’m not sure but if you're interested in that let me know in the comments if you want to see a vlog of what the carnival is like now we're going to quickly talk about the littles and littles actually had this recent announcement where they're collaborating with this company case defy and they're going to be allowing you to put your NFT onto your phone case so very interesting that they're entering like the physical space especially because we've seen the littles do like merchandise that like kind of has that street work kind of vibe and they're kind of changing their image to fit those kind of uh types of products and we also see that the littles is collaborating with time studios and they are going to make a children's based television show based on the littles NFT it's really interesting that the littlest is going for that IP play where you know they have the audience they have the attention and then they just have to take that IP and put it into different things similar to like Spiderman that's an IP that goes into a movie it goes into merchandise you go to a TV show and I see that they're trying to do something similar with the littles where they have the littles which is a brand that adults like but it's for kids and let's do clothing let's do clothing for your kids let's do a phone case let's do a tv show right so it's interesting to see how these projects are evolving so fast because the littles has only been out for i think about four months you know they're getting a lot done if you really think about it in a short amount of time but we'll see how the show and everything turns out in other news you know there's just some recent announcement that board at yacht club at the crater Yugo labs they raised 45 million dollars in funding at a 4 billion valuation so it's pretty crazy that the company is worth 4 billion at this point I think I said this in the last video but one of the largest bc companies Andrews and Horwitz a16z is the leader in the round it's basically someone that just like kind of leads around and get other investors to invest but you know at this point Hugo labs has infinite money they still have a bunch of eight points that they're holding and they are kind of locked up it's seeming like board a yacht club is going to be like one of the biggest brands like in the world if they continue on this route because they got the money they got the resources they got the connections they got the fans love them they'll buy anything they put out whether it's land token more NFT whatever it is so it looks like you know Hugo labs is crushing it to be honest and you know what's really interesting is that six months ago ish when I was like pretty new to NFTs you know a lot of people in certain alpha groups who are saying like oh my god like 40 yacht club holders are not smart they they're all hype and this and that and you know obviously there's a lot of hype a lot of manufactured hype you know people pulling strings you know behind the scenes to make all this happen but at the same time you cannot deny their execution and you cannot deny that they were able to create the perceived value of these assets of everything they put out as extremely valuable right so the lesson I personally learned from this and i don't have any anything in the Hugo labs ecosystem is that hype and narrative and people pulling the strings behind the scenes actually makes a pretty big difference in terms of the project's success so if you're only looking at like what's innovative or like who has the best technology that's not always the ones who are going to be the winners in the very end because it's like you have the best technology and then another project that's way better at marketing and more connected can just like copy your code and then apply whatever innovations you created into their thing and then they're going to blast off with their marketing right that's a big lesson I learned where it's not just about technical innovation although that is very important as well I think it's a combination of understanding how to reach that commercial level of success and then taking all the innovations that you see in the space putting it together and putting it into your project I think that's something I’m going to be looking out for in the future an example of that would be like clonex for example right like when they first came out a lot of people who were like oh geez were saying like oh my god artifact studio's so greedy because they they're charging one to three Ethereum for this NFT when you know we charge like nothing for NFT or 0.06 or whatever it is right you know at the end of the day like artifact studios pulled it off you know even if you bought clonex for like three Ethereum now it's worth like 15 or something like that and then you got a bunch of airdrops and all these things along the way just because the price is expensive doesn't mean it's not worth it maybe you can be seen as greedy but if you give more than you take is it really greedy in the end right and obviously there's always risk when there's higher mints but at the same time it's like that money is being used for something and if it creates more value for the holder at the end of the day then uh it makes sense okay now this is a random article that I recently stumbled upon as I was making this video it's on business insider recently it was just launched uh published a couple days ago I said I paid 100 for this cartoon pig on the largest online marketplace for digital tokens now I don't know what to do with it so obviously it's more for people who are not as familiar with NTFs which is like 99 of the world and it's like this ugly pig i shouldn't call it ugly but like it's I wouldn't say it's like the best art but essentially the article goes to show like how difficult it is to buy NFT going on uh coin base Meta Mask and all these things and it's really interesting because they put this on business insider right so at the end of the article it's just a conclusion of like okay like I bought this pig but now I’m just waiting for it to explode like Bordeaux yacht club but obviously when you look at this pig no offense to this pig but it's not border yacht club and I went out the website and it's not really that good either that said like it just kind of shows how early we are to NFTs yes we're in a bear market yes like things are missing out but at the same time it's like a lot of people are building in the space there's like billions of dollars still going into NFTs that you know investors are putting in to create assets and create companies in it so overall I’m still bullish on a space and just like the fact that business insider would put something like this out it kind of shows that the public narrative of like most people don't even understand what an NFT is they still think it's just like a picture of a sleeping monkey or a board monkey right but really if you're watching this video and you kind of have been collecting energies over time you know that we are actually super early and especially like during a bear market yes it's not as easy to make money it's not like you can just mint something and then just sell it for three times the amount like hour later like how it was like you know half a year ago or whatever but there's still ways to make money you just have to find different ways to do it like investing in long-term projects or blue chip projects getting it undervalued or like getting into like plate to earn mechanic where it earns you like some kind of passive yield strategies will always change like day to day but there's always a way and I think like for anyone who bought these kind of entities like for example this pig you know and you're like oh my god my investment's down by five times you know understand that like yeah that happens especially if you're a beginner I feel like even if you get burned stick around doesn't mean you have to keep investing huge sums of money but like stick around educate yourself because you know the time will come where there's another NFT bull happens and people gain interest and again like most people don't even know how to use meta mask in the world right there's a long way to go so I really do encourage you to stick around stay educated read the website if anything if that's easy for you but yeah we're here for you so if you want to be more active in the community make sure to join my website and YouTube channel, I’m going to be dropping at NFT sometime soon and follow me on social media like twitter and YouTube etc.