Research Summary
The article provides a monthly coverage of NFTs and the metaverse. It highlights key events such as Pudgy Penguins raising $9M in Seed funding, led by 1kx, to expand their IP beyond static images. It also mentions that Nike’s .SWOOSH platform is preparing its genesis collection, Our Force 1, for sale. The article also discusses the ongoing BRC-20 token craze on the Bitcoin network, including infrastructure developments and traction metrics.
Actionable Insights
- Investment Opportunity: Pudgy Penguins has successfully raised $9M in Seed funding, indicating a potential investment opportunity as they look to expand their IP.
- Market Watch: Nike’s .SWOOSH platform is launching its genesis collection, Our Force 1, which could impact the market.
- Trend Alert: The ongoing BRC-20 token craze on the Bitcoin network is a trend to watch, with significant infrastructure developments and traction metrics.
