Starbucks NFTs as Overpriced as Their Coffee | Weekly Parcel Delivery

🕹 Game On

Esports player Mongraal confirms he’s the 💩 at Dookey Dash. Yuga Labs revealed that well-known Fortnite player Mongraal took home the top score in their limited-run mini game, Dookey Dash. As part of the victory, he won a coveted 1-of-1 Golden Key, which he subsequently listed for ::checks notes:: $3.7 million! We’ll see if anyone’s liquid enough to pry it from his wallet, but speculators who are thinking about the potential future value of that NFT are undeniably tempted… One thing’s for certain, that’s chump change to Yuga, who saw secondary sales of Sewer Passes (which granted players access to the game) top $60 million over a few weeks.

Square Enix gamifies art collecting. The Final Fantasy publisher promised to double-down on its blockchain gaming investment in 2023, and it’s doing just that with its upcoming project, SYMBIOGENESIS. In partnership with Polygon, the project will "offer a unique experience built around digital collectible art that is tied to a storyline players will unfold in a virtual (turn-based) adventure. The art evolves with each strategic move a player makes." The collection and browser service are slated to launch in spring 2023, making this one of the more notable projects to keep an eye out for.

🛍 Brand New World

Starbucks NFTs as overpriced as their coffee. The coffee shop who can never seem to get your name right appears to have found something with their NFT-driven rewards program. Despite still being in closed beta, Starbucks Odyssey users are flipping their first edition holiday stamps for a lot of money. Benefits of the program are purely speculative, but people are hoping it doesn’t suffer the same fate as me after three cups of coffee (= hard crash).

GQ hunts for additional revenue streams. The famed men’s fashion mag announced that the mint of its first NFT collection will take place on March 8. Utility is at the forefront of the project, with benefits ranging from subscriptions to launch party access.

📈 Market Movements

7-day token price change

📌 $ETH +11.1%

⬆️ $IMX +26.1% (ImmutableX)

⬆️ $ILV +18.5% (Illuvium)

⬆️ $APE +9.9% (ApeCoin)

⬆️ $AVAX +9.9% (Avalanche)

⬆️ $WILD +9.7% (Wilder World)

⬆️ $MANA +7.2% (Decentraland)

⬆️ $SAND +5.7% (The Sandbox)

⬆️ $AXS +5.5% (Axie Infinity)

Prices as of February 17.

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