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  • Bearing the Bear, NFT.NYC, Metaverse Spending to Reach $5 Trillion | 06/17/22 Weekly Wrap-up 🏡📍

Bearing the Bear, NFT.NYC, Metaverse Spending to Reach $5 Trillion | 06/17/22 Weekly Wrap-up 🏡📍

June 17, 2022

The Front Page of the Metaverse 📰

🎉 Special Announcements

Another 'ooft' week.

I'm sure we've all been experiencing somewhat gut-wrenching vertigo from the seemingly never-ending decline. 😵‍💫

Pushing the FUD aside, here's a friendly reminder: Yes, we are in a bear market. Yes, times are tough. But we don't doubt that once hunting season's over and hibernation kicks in, us bulls will have an even vaster landscape to run free.

Words of advice from us:

Cast your eyes away from the red for a while.

Step outside and touch the grass, as they say.

Then come back inside, grab a cup of tea or coffee — and just 👏 start 👏 building. 👏

You will be rewarded.

NFT.NYC 2022

If you're heading over to the concrete jungle for the biggest NFT event of the year — let us know!

Comment, like, or share the Tweet below.

📰 What's News?

👜 One more high-fashion tycoon makes the case for Web3

Luxury brands are leaning hard into the Web3 revolution — and wrestling with the challenges posed by decentralization.

🎮 Words With Friends creators leaving us speechless

The deal was led by Paradigm, with support from Griffin Gaming Partners, Polygon, and Sabrina Hahn.

🧸 What bear market?

Businesses’ and consumers’ annual global spending related to the metaverse could reach $5 trillion by 2030, according to a new report from consulting firm McKinsey & Co.

🤑 Largest Virtual Land Sales

Top sales this week:

Fiat values are in USD at time of sale. Last updated June 17, 2022.

👩‍🎨 Builder Spotlight

Nina (designnina) is an art director, multi-disciplinary designer, and neosurrealist.

She was introduced to the metaverse space via a Mona build competition.

Her 9 to 5 is in design and technology. Her educational background helped her quickly find her bearings in a new place.

She's inspired by memories from listening to music:

I think that my experience is based more on constant practice and excessive curiosity to try everything in the world: tools, technologies, combinations.

EDEN 13

She believes that art, as well as design, appears when it acquires a certain cultural code. If you are able to transfer your thought from what you create — you can call it art.

🎨 Artists’s Wise Words:

Don't be afraid to make mistakes and do something wrong; don't think that somewhere there is a person who will achieve more than you. Cuz that person is you.

Want more? Nina's Lynkfire and IG feed are full of her amazing creations, and Twitter is a great place to engage in conversation and see what's inspiring her.

Parcel People

Be there, or Times Square...

(we had to)

We are incredibly excited about this NFT.NYC activation with our partners at OVER The Reality! ARt is taking over the most iconic and busiest plot of real estate in New York City.

For those of you in town between June 20-23, download the OVER app and get inspired by a thrilling exhibition curated by digital artists.

Follow @ParcelNFT and @OVRtheReality on Twitter to stay in the loop.

📈 Market Movements

7-day token changes

⬆️ $APE -32.71%

⬆️ $MANA -9.15%

⬆️ $SAND -30.53%

⬆️ $AXS -24.32%

⬆️ $ENJ -25.51%

⬆️ $WRLD -45.44%

⬆️ $MET -50.78%

Prices as of June 17, 11:27AM EDT

😃 Want More?

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P.S. We love hearing from you! Tweet @ParcelNFT and let us know what you think of the Weekly Recap!

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.